It’s always difficult comparing seasonal moves because everyone knows about them and that can skew what happens next season. In other words, things rarely trade exactly the same way. There is typically some ’surprise’ caused by large traders who manipulate the price to rob smaller traders. The smaller traders try to time their trades based on past patterns. The large traders are aware of this and take advantage of it. Just when a small trader expects the price to rise, it drops.
It’s always difficult comparing seasonal moves because everyone knows about them and that can skew what happens next season. In other words, things rarely trade exactly the same way. There is typically some ’surprise’ caused by large traders who manipulate the price to rob smaller traders. The smaller traders try to time their trades based on past patterns. The large traders are aware of this and take advantage of it. Just when a small trader expects the price to rise, it drops.