Strong Spring

The market shrugged off Russian military aggression and is now trading at all-time highs. There is a historical precedent for stock market strength in March and April. Keep these concepts present in your mind when assessing the bearish potential.

The criteria for the report below is $SPY performance of March and April when above 20-month moving average. When the market is in an uptrend, March and April are seasonally very strong months.

Market Memory  springtime-trade-March-April

Market Memory users can access this screen using this link:

https://www.marketmemory.com/dashboard?filter=simple&start=1993-01-01&end=…

We are keeping a close eye on the weekly chart with 5 & 13 EMA as an overall trend chart. This is not a fast moving indicator designed to catch every wiggle, but rather a good road map to keep you in the over arching trend.

sp-500-weekly-march-4-2014


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