S&P 500 Index
Long

SPX ready for the Santa Rally?

258
The Santa Rally is set to start on Monday, Dec. 27.

This period gave positive return for the S&P 500 78.9% of the time.

Since 1950, the average return of the Santa rally was 1.33%.

The reasons could be optimism over the new year ahead or holiday spending.

What do you think about this theory?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.