Stock Trader’s Almanac Blog: Can Market Break Free of Sixth Year Hold $SPY $DIA

It’s been a little more than three weeks since I last updated the Sixth Year of Presidential Term historical pattern chart. At that time, it was noted how closely 2014, a Sixth Year, was following the pattern and based upon the historical pattern a 4-6% pullback was likely sometime during August and September. DJIA and S&P 500 did precisely this by the fifth trading day of August and have been rallying since.  Read full post