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Does the $SPX usually rise just before Memorial Day>
Check the $SPX chart.
You can use the "range" option under the chart on the chart workbench to "select start/end" - use dates a few days before and a few days after and change the year each time.
You can also search the Blog posts on StockCharts for Memorial Day to see if anyone discussed holiday seasonality. There are a few articles there.
from 2020 "This week could be an important time as it is the week before a long weekend (Memorial Day on Monday) and periods around holidays can mark reversals in the market."
After the close today, Wall Street turns to a seasonally bullish period. The following are the NASDAQ annualized returns since 1971 for each of calendar days within the period (May 26 through June 5):
May 26 (Saturday): +69.37%
May 27 (Sunday): +139.95%
May 28 (Monday - Memorial Day): +50.81%
May 29 (Tuesday): -42.08%
May 30 (Wednesday): +33.43%
May 31 (Thursday): +16.98%
June 1 (Friday): +65.17%
June 2 (Saturday): +113.56%
June 3 (Sunday): -47.15%
June 4 (Monday): +59.92%
June 5 (Tuesday): +85.75%"
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