Bloomberg Finance LP/Michael Nagle 2020 Bloomberg Finance LP/Michael Nagle/Bloomberg Finance LP/Bloomberg Finance
This is March’s post-option expiration week (OPEX), which is expected to be bearish. In 21 of the last 30 years, the post-OPEX week in March has been lower. Furthermore, in any year, the early part of the week has been seasonally bearish. We take a look at the negative side of things. S&P 500 Performance During March’s Post-OPEX Week
The S&P 500 is expected to drop this week.
CYCLES RESEARCH INVESTMENTS LLC is a company that specializes in research and development.
Salesforce.com’s cycles send out sell signals on a daily, weekly, and monthly basis. The daily cycle peaked on March 18th and peaked again on March 27th. In the previous year, eight of the last 10 such signals were profitable. The weekly cycle peaked on February 24th and peaked again on April 18th, with 60% of sell signals being successful. It’s possible that the stock may hit $200.
Salesforce’s Daily Routine
This cycle has reached its apex.
Salesforce Daily Graph by CYCLES RESEARCH INVESTMENTS LLC
Relative strength is at an all-time low.
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