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The 2013 S&P500 seasonal pattern remains fully actual

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Despite recent controversies between the US and China. Despite recent reports from the retail sector and apparent cracks in the economy, US indices continue to record new records. For the S & P500, the 2013 model perfectly matches the movement of the index throughout 2019. By the time the 100% correlation is reached, the index will need to climb another 5%. This may be the moment when sellers who have not capitulated by then will begin to be enthusiastic about the upcoming correction.

Graphs: Thomson Reuters


 Trader Martin Nikolov
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