On this last Tuesday of the month, Julius de Kempenaer addresses the seasonality effects for stocks in general, as well as sectors. He then aligns these historical observations with the actual rotations as they are playing out on the Relative Rotation Graph, while looking for actionable insights. And although the results are limited from a seasonality perspective, there are a few sectors that seem to be developing strong(er) rotations. With SPY remaining under pressure from overhead resistance levels, the outlook for the market as a whole remains cautious.