Start of the week, there might be some interesting movement. Just take note that April-June of last year was bullish and parabolic rise. Almost all of the traditional global markets are green right now, so we might want to take that into consideration as well.
"Sell in May and Go Away" didn't came from nowhere.
"From 1950 to around 2013, the Dow Jones Industrial Average has had an average return of only 0.3% during the May to October period, compared with an average gain of 7.5% during the November to April period,"
Based on 63 years data. Good thing is that, based on last few years, this patter is less visible but I would not expect this or this:
Just take note that April-June of last year was bullish and parabolic rise
to have big influence on price when we have:
1- fiat printers doing brrrr
2- covid panic and possible second wave of infections
3- halving
4- historic high fluctuation on stocks
....
50- Italy may not recover from financial crisis and sink whole EU - same currency
....
100- problems at OPEC+ that may end in a conflict in the Middle East (US will do a lot for the stability of oil prices)
....
