$SPY / midterm October setup
September closed -0.2% — milder than the usual -1.1% average. No washout, no flush.
Midterm Octobers since 1950: +3.0% average, up 73.7% of the time. Best month of the 4-year cycle.
Seasonals say bid. The 5% 10-year says caution.
Which signal are you fading tomorrow?
September closed -0.2% — milder than the usual -1.1% average. No washout, no flush.
Midterm Octobers since 1950: +3.0% average, up 73.7% of the time. Best month of the 4-year cycle.
Seasonals say bid. The 5% 10-year says caution.
Which signal are you fading tomorrow?