November’s A Nifty Month For The Nikkei


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 The Nikkei has a very strong seasonal pattern towards the end of November. The reason for this pattern is due to some tax-loss selling behavior that repeats itself time and time again, resulting in gains in the Nikkei. Also around the time of the term of the month, the Nikkei seems quite a decent seasonal pattern that traders need to be aware of. Over the last 58 years, the Nikkei has gained an average of 1.28% between the 22nd of November and the 3rd of December.The maximum game has been a stunning 6.13%, but the maximum loss is a significant 5.86%. So, with a seasonal pattern above 77%, is this a seasonal pattern worth looking out for this year?Major Trade Risks: The major trade risk here is that tax loss selling behavior may not have the same impact on the Nikkei as in previous years.Video Length: 00:00:57More By This Author:Health Care Heading For Gains?Oil Bulls To Fight Bearish Seasonal Signal EURUSD Tends To Fall Over The ECB Rate Meeting

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