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June 2nd week dip: per VIX and Seasonal patterns


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#1 Rogerdodger

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Posted 04 June 2021 - 03:20 PM

Mike Burk's Seasonal charts for June show a small drop in price during June's 2nd week, then more upside.

typical PY1 (Presidential Year 1) June 1+% gain for INDU and S&P but a  decline for OTC.

 

The Inverted VIX could support a little drop next week.

Inverted-Vix-6-4-2021.jpg

,


Edited by Rogerdodger, 04 June 2021 - 03:26 PM.