👀 Let's see what the SEASONAL ANALYSIS says
👉 The SP500 just gained 6.15% in May
-There have only been 6 occasions in history when the $SPX gained at least 5% in May.
-100% of the time, the SP500 rose after 12 months with an average increase of 20%.
-The smallest increase seen when this occurred was 8% and the largest was 30%.
👉 On the other hand, when more than 89% of NYSE stocks rise in price and volume on the same day, and this happens twice within a nine-day period, it is BULLISH for the SP500
-And this is what we just witnessed.
-100% of the time this was observed, the SP500 rose after 3, 6, and 12 months.
-The average return of the SP500 after 12 months, when this occurs, is 31.2%.
