Chart of the Day - Wednesday, June 18, 2025

🏆  Today's Chart of the Day was shared by Jeff Hirsch (@AlmanacTrader). 
  

• Despite stalling over the past week, the NASDAQ Composite is just -3% shy of an all-time high, as it continues to recover from a -22% decline. 
   
• Jeff points out we're approaching a historically bullish 12-day stretch for the NASDAQ, spanning the final three trading days of June and the first nine trading days of July. (June 26th - July 14th)
   
• Since 1985, this 12-day window has been positive in 31 of the past 40 years (78% win rate), with an average gain of +2.5% and a median gain of +2.8%.
   

The Takeaway: The NASDAQ Composite is approaching a historically bullish 12-day stretch from June 26th to July 14th. If history rhymes, the index could reach all-time highs in July. For more on this topic, check out the full note here.