Will Friday the 13th become a “Lucky Day” for stocks? Bulls have their fingers crossed it will.
This chart looks at the S&P 500 and the VIX on a weekly basis over the past 20-years.
For some reason, the S&P created important lows on March the 13th in 2003 and March the 9th in2009.
The decline of late has the S&P testing a long-term support line, as the VIX has reached one of its highest levels in the past 20-years.
Will Friday the 13th end up being a lucky day for the S&P 500? Bulls have their fingers crossed that March ends up being an important low.