Courtesy of Chris Kimble.
CLICK ON CHART TO ENLARGE
Yesterday we conducted a webinar for our membership, in which we shared several positive stock seasonal studies. These studies reflected seasonal stock market strength takes place between now and the end of April next year.
Historically it has paid to be on board that trend, not fighting it.
The above 3-pack reflects resistance levels, that until broken, look to be heavy for the markets. These resistance levels are very near overhead prices, just a few percent away.
If billions of free thinking people can push the indices above these resistance levels, odds that seasonal patterns will impact the markets again this year, increase a large percentage.
These levels remain heavy at this time and should they be taken out, would be a positive message from a price perspective.
If you would like to stay on top of these big picture patterns, you might find out Global Dashboards week report of benefit.
See report details and membership options by clicking HERE or below
–
To become a member of Kimble Charting Solutions, click here.
