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January Barometer - January Barometer is the similar patterns
for January. The first five trading days determine the market's return
for the entire year ahead. Speculators say that how January performs
predicts the direction of the market for the remaining months of the
year. The only one that does have validity historically is the performance
for the first month with predictive quality for the returns generated
between the second and twelfth months. Because of positive bias of the
market, this indicator works best when it predicts a bullish scenario
for the remaining eleven months of the year. January returns were positive
43 times.
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