Are the odds in your favor for an upmarket in July?

During the past four years the month of July has generally been a positive one for the U.S. stock market. In 2012 the market witnessed its smallest percentage gain of just 1.25% for the month of July. As you can see during the past four years the general trend has been positive for the market in July, but the percentage gains have been decreasing annually since '09. During the month of July, the average gain over the last 4 years has been a very positive 3.34%. With our monthly trade triangles still in a positive mode I expect the month of July to be flat to slightly positive for stocks.

Here are the monthly returns for July, beginning in 2009.

JULY '09 + 7.41%

JULY '10 + 6.87%

JULY '11 - 2.14%

JULY '12 + 1.25%

LAST WEEKS WINNERS AND LOSERS FOR THE WEEK ENDING 7/05/13

BIGGEST WINNERS

Crude Oil +7.08%

NASDAQ +2.09%

S&P500 +.1.59%

DOW + 1.51%

BIGGEST LOSERS

EURO/USD - 1.34%

GOLD -0.47%

CRUDE MAJOR TRADE TRIANGLE TREND - Positive

INTERMEDIATE TRADE TRIANGLE TREND - Positive

SHORT-TERM TRADE TRIANGLE TREND - Positive

RESISTANCE - 105.00

SUPPORT - 98.00

DOW MAJOR TRADE TRIANGLE TREND - Positive

INTERMEDIATE TRADE TRIANGLE TREND - Negative

RESISTANCE - 15,340

SUPPORT - 14,850

S&P500 MAJOR TRADE TRIANGLE TREND - Positive

INTERMEDIATE TRADE TRIANGLE TREND - Negative

RESISTANCE - 1650

SUPPORT - 1600

NASDAQ MAJOR TRADE TRIANGLE TREND - Positive

INTERMEDIATE TRADE TRIANGLE TREND - Negative

RESISTANCE - 3490

SUPPORT - 3400

GOLD MAJOR TRADE TRIANGLE TREND - Negative

INTERMEDIATE TRADE TRIANGLE TREND _ Negative

SHORT-TERM TRADE TRIANGLE TREND - Negative

RESISTANCE - 1266

SUPPORT - 1160

EUROUSD MAJOR TRADE TRIANGLE TREND - Positive

INTERMEDIATE TRADE TRIANGLE TREND _ Negative

SHORT-TERM TRADE TRIANGLE TREND - Negative

RESISTANCE - 1.3000

SUPPORT - 1.2800

Have a great trading day,

Adam Hewison

President, INO.com

Co-Creator, MarketClub

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