End of November, Beginning of December

A quick look at how the SPY has performed intraday at the end of November.  The second column for month 11 is trading days before month end (1=month end), while for month 12 is the trading day of the month. The third column is the percentage of time the close is higher than the open, the 4th column is average intraday change, and the last column indicates if the high – open > open – low.  There are only about 17 sample points, so it is suspect, but it appears the beginning of the week looks weak and the end looks strong.  Looks almost bi-polar – weak, strong, weak.  The first trading day of December doesn’t have the strength that many of the other first trading days of the month exhibit.

month intraday close > open intraday % change intraday move direction
11 4 61.11% 0.31% 72.22%
11 3 35.29% -0.24% 35.29%
11 2 47.06% 0.42% 47.06%
11 1 35.29% -0.25% 35.29%
12 1 47.06% -0.23% 41.18%
12 2 64.71% 0.33% 70.59%
12 3 64.71% 0.51% 64.71%
12 4 29.41% -0.13% 47.06%
12 5 29.41% 0.30% 47.06%
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