US Wall St 30
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Actualizado

Seasonal Long from June rotation into August $DJI $DIA

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The end of month rotation of June is upon us. On Friday June 26 we witnessed some very interesting rotations into small caps, cyclicals, and silver.

If the virus news does not overwhelm the markets (big players control the news flow) then we have a good possibility of moving up toward the Independence Day holiday and beyond toward the next FOMC in July.

The big push comes after that FOMC statement on average and we get a rally in bonds, stocks, gold and silver.
Nota
The move we are attempting to capture is the election year seasonality cycle low of late June. So far it looks like we have nailed this date as the potential relative bottom to the day.

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Nota
Russell 2000 futures are up 3%+ today and taking the lead, a very good sign after Friday's rotations.

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Nota
Somehow the virus rates in Florida and California took a positive turn today (rates dropped) on the exact day seasonality said there would be a bottom in late June.

Coincidence? No.
Nota
SPX finally filled the feB 21 gap. It is very possible that we complete the August election year seasonality with a true bang.

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