When $SPDR S&P 500 ETF Trust(SPY)$ is positive after the 2nd trading day of Oct, there's usually a drawdown with an average of -2.7%. In 33% of cases, those first 2 days turned out to be the low for the month. In short, there's potential for a dip, but it's very buyable since October and November returns tend to be excellent — especially November.
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