From the historical statistics chart for an election year, this period looks to be NR with upside bias, then the ballet dancer crouches to support, then leaps, ending June on a rally.
Mr T has what he calls a bearish T ending in late June, or early July.
He's bearish after that. The seasonal July is strong early on then dives.
Average year so far. Up from here.?
From Jun 16 2012:
Sentimentrader's extreme bullishness Tuesday dropped but not extreme...
Edited by Rogerdodger, 21 June 2012 - 11:22 PM.