Over the last 22 years, the trading day before Independence Day has been stronger than the day after. DJIA and S&P 500 have advanced 63.6% of the time with average gains of 0.16% and 0.14% respectively on the day before. NASDAQ and Russell 2000 are slightly softer on the day before, but still lean bullish. On the trading day after Independence Day only NASDAQ has advanced more times than declined. DJIA has recorded the fewest number of advances while Russell 2000 has the worst average performance of a 0.12% loss.
As always, please use protective buy and sell stops when trading futures and options.
Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.