A post today on the Trader’s Narrative blog presents the figures of how the US stock market trades around the Thanksgiving holiday (that’s Thursday coming up for you non-US readers). The main thrust of it is:

The markets tend to be in a good mood the week before holidays, since 1950, the S&P 500 is 40-19, up 67.85 of the time during the four day week (including Friday) of Thanksgiving for an average gain of 0.78%

On average, all of those gains come on the two days surrounding Thanksgiving, which are 51-8, up 86.44% for an average gain of 0.80%.

For a bit extra detail give the post a look.

Of course the stock market isn’t the only thing with seasonal patterns this time of year. The forex market is full of them – and some very strong ones at that. You can learn about them at: www.theessentialsoftrading.com/resources/fxseasonals

Struggling with support & resistance and knowing what the key market levels are? Check out the Price Distribution Analysis methods I use.

Bookmark to:

September Seasonal Market Patterns
Forex Seasonals Coming Up Big So Far
Forex Market Seasonal Patterns – Really!
Forex Seasonals?
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