🟩 BEST 6 months - Seasonality AnalysisThe market is ready to enter its "Best 6 Months" as the calendar transitions from October to November.
👉 Yale Hirsch , the man behind the creation of the Stock Trader's Almanac, originally described the "Best 6 Months" tendency in 1986. The "Best 6 Months" idea is a straightforward one. Hirsch's analysis indicates that during the past several decades, a significant part of the market's gains have occurred between November and April. And over the past six months, it has generally had difficulty moving forward. I'll also point out that the edge has lasted ever since the tendency was published many years ago, with the "Best 6 Months" consistently outperforming the "Worst 6 Months".
👉 Additionally, as we enter the third year of the presidential cycle, the market is changing. Instead of measuring the Presidential Cycle years from January to December, we do so from November to October. This makes it possible for the cycle years to better coincide with the early November elections. Additionally, even though the elections always take place in the first week of November, we always begin the cycle year on November 1. Combining it with the "Best 6 Months" cycles facilitates evaluation. The third year of the presidential cycle has generally been successful.
The outcomes since 1960 when the Best 6 Months and the Third Year of the Presidential Cycle have both been in outstanding.
RESULT: Since 1950 - to present day ALL 18 instances have shown gains! The average 6 month period saw a net gain of +16.95%!
Almanac
Stock Traders Almanac Monthly AnalasysThis is an analyzation Yale Hirsch's book "Don't Sell Stocks on Monday" in which he defines stock markets high/low months over the past 100 years.
High Months: January, March, April, July, November December
Low Months: February, May, June, August, September, October
Green Lines mark Positive Correlation with High Months
Red Lines mark Positive Correlation with Low Months
White Lines mark no Correlation for the month.
8 times out of the past 3 years the averages were wrong for an %80 accuracy.
Bitcoin Almanac 2018-2020Hey guys!
This is what I think might happen from 2018 to 2020.
I believe Bitcoin may touch down on the critical trend lines as seen in the chart, sometime in late December or the beginning of 2019.
From now until that happens, I think we'll just see sideways action from Bitcoin, with Altcoins increasing in value.
As we can see, volume is also reducing, further drawing the point of sideways action til Bitcoin touches down on the major trend line.
Good luck,
and Remember,
Patience is paramount!