Predictions for 1st day of Quarter ?

Last trading day before July 4 holiday has a strong bias up.

Buy ES on July 3 about 6:00am EST sell at close.
 
Quote from WyckoffTrader:

Check out this bias for the first of each month the last 6 years. Not a bad monthly trade at all. I bought the futures after after the closing waterfall and have bought puts on ES for protection below. Lets see how it works out tomorrow and will hold a portion if if we rally into the holiday after this good move down.

As an addendum, I'd suggest that people Google "Fosback" + "seasonality".
 
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