June seasonality

"Seasonality" in weather is based on historical records.

Don't take a winter coat to Vegas in July. Buy trip insurance for a summer/fall cruise during hurricane season.

Little rain is typical in Seattle in June... however... Seattle could pick up nearly a month's worth of rain in 3 days.

Similar with market seasonality, especially treacherous in tumultuous news times,i.e.: covid, shortages, inflation & war.

So with that caveat, any rally next week could likely be short-able.

Mike Burk's June chart for the 2nd presidential year:

Edited by Rogerdodger, 04 June 2022 - 01:18 PM.

"Seasonal" update...

SPX DOWN around 200 points as of Friday mid-day.

Will the remainder of the month follow the pattern and see SPX even lower?

Watch the sky.

Edited by Rogerdodger, 10 June 2022 - 12:32 PM.