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OPEX is next Friday - OPEX week often tends to amplify the prevailing trend rather than reverse it. Here are some statistics for October OPEX weeks:
· Over a subset of 14 years (for which I had data) in the last 25 years, it averaged about +0.54%, ranking as the fifth-best OPEX week of the 12 months.
· The table below shows the results for the last 5 years.