On August 3rd 2018 I wrote about some behaviors of S&P . These behaviors and my desire to develop reports to understand trends at monthly level took me to draw this figure the same day:
How things happened in the calendar
At the end of August I took the decision that I was going to sell the majority of my positions. I did it.
In September I was astonished with the defiance to gravity of the market and a little bit pissed-off with the trend.
Now in October, specially in the second half of the month, I have seen how this has been evolving. The Q3 closing reports seemed to be the flutter of the butterfly that changed the trend.
It’s just a graphic, it’s just a figure, it’s just a coincidence, but I’m happy about all I learned to be able to draw it.
Update November 23rd 2018
Update January 2nd 2019
Fortunately to me, I did 2 big moves in the right moment and 1 move in the wrong moment:
The right ones:
- August 2018: sell.
- January 2019: buy.
The wrong one:
- April 2019: sell