◆株主総会が一巡し、7月上旬にはETF（上場投資信託）の分配金捻出の換金売りが懸念される。アノマリー（経験則）には「7月にピークアウト、8月半ばまで夏休み（調整）」というものもある。高値圏で乱高下が続く可能性があり、日足の25日線割れなど陰転信号に注意しながら対応していきたい。

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