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Mark Hulbert:
“April has been bullish for stocks but you shouldn’t bet on a repeat this year”
“It isn’t that there are no seasonal patterns worth paying attention to; it’s that most of them are worthless, so a skeptical attitude is warranted. “ https://www.marketwatch.com/story/april ... 1616745891
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Possible higher low, the low might be in for today.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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Price action is bearish, gap filled and reject, also can not hold morning high. ES overnight weakness will bring tomorrow another sell day for me, unless strong overnight then it will erase this weakness looking. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.