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Six-Month Seasonality Turns Favorable

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With the end of October, which is sometimes referred to as "Black October", six-month seasonality switches from Bearish to Bullish. You'll find our seasonality table in the DP Reports blog on the DP Alert Daily Report. You'll see the section extracted below:


This is considered "Intermediate-Term Seasonality". In the report above you will also note that we track "Short-Term Seasonality" which just turned favorable on 10/30. Today our intermediate-term and long-term Trend Model switched from a Neutral to a BUY signal. I also noted in today's DP Daily Update that our intermediate-term indicators are bullish as they rise yet haven't gotten particularly overbought yet. You'll also find this chart, but not annotated, in the free DP Chart Gallery.

Happy Charting (& Halloween)!
Erin

Erin Swenlin
About the author: helped create and manage the DecisionPoint.com website alongside her father, Carl Swenlin. Together, Erin and Carl launched the DecisionPoint daily blog in 2009. She hosts the MarketWatchers LIVE web show at StockCharts.com, and is also a Member of the CMT Association. Learn More
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