Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
This coming week is March OPEX week which has a bullish bias. Friday was a projected turning point and the market has risen, implying a decline to follow, but we have a strong week coming up. The likely resolution will be a down day on Monday, but a ‘turnaround Tuesday’ is likely to lift the S&P into Friday.
S&P Daily behavior in the coming week has been bullish since 1985.
Blue: Average Percentage Change
Red: Probability of a rise on that day
Green: Expected Return (Product of the first 2)
I bought my first stock in 1966 and then obtained my BS in banking in 1971 and MBA in corporate finance in 1972 from NYU. A study cycles began in the same year. A 9-year