Today’s Euro Weeklies run mean has an even weaker SPV than yesterday’s weak mean with only 8 of the 42 days’ mean stronger than normal, and it even includes 15% of members with a very early major SSW, by far the most yet of any run this season!
Note that the progged mean Thanksgiving through Dec 11th of 2025 SPV is only ~20 vs normal of 31, which would be the weakest for that period since 2019-20:
View attachment 175740
Compare the above to the prog at the same time last year: 40 of the 42 days’ mean stronger than normal along with ZERO members with a major SSW.
Note that the mean Thanksgiving through Dec 12th of 2024 was up at ~37 (it verified to be way up at ~45):
View attachment 175755
Now compare to the prog from the same time two years ago: 30 of the 42 days’ mean stronger than normal with only 2% with a major SSW.
Note that the mean Thanksgiving through Dec 9th of 2023 was ~31 (it verified to be ~34):
View attachment 175756
In summary, this post shows that the 100 member Euro Weeklies mean is suggesting a mainly weak SPV in late Nov and early Dec, which would compare to a very strong SPV for the same time in 2024 and a slightly stronger than normal SPV in 2023. Even if we assume that the 2025 prog is biased modestly too negative, a bias adjustment would still be progged pretty weak (~25) and would be way below 2024’s actual of 45 and significantly below 2023’s actual of 34.