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The Trading Initiative

@howtoswingtrade

Full-Service Technical Market Research. Profits Over Prophets.
Our No-BS Approach To The Market: @ thetradinginitiative.com

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linkhttps://newsletter.thetradinginitiative.com calendar_today14-08-2020 01:07:22

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August has a history of chopping traders to pieces. Seasonality says by mid-month, markets should be flat or even red. Over the last 35 years, that’s been the script almost every time. But here we are on August 18th with a very different story: S&P 500 (SPY): +1.75% MTD NASDAQ

August has a history of chopping traders to pieces. Seasonality says by mid-month, markets should be flat or even red. Over the last 35 years, that’s been the script almost every time.

But here we are on August 18th with a very different story:

S&P 500 (SPY): +1.75% MTD

NASDAQ