S&P 500 Index
Short

๐ŸŽฏ HISTORICAL EDGE - MORE TO DROP

125
Hey guys!
Todays Historical edge comes from an interesting pattern.

๐Ÿ“ˆ The Pattern: SPX closes down over 2% and above 5day low, but yesterday it closed at 5day high.

We backtested and saw strong edge.

โฌ‡๏ธ โฌ‡๏ธ RESULT โฌ‡๏ธ โฌ‡๏ธ



๐Ÿ“ Edge: ๐Ÿ”ด Bearish
๐Ÿ”„ Occurrence since 1990: 25x (frequent)
๐Ÿ” Highest edge: 4days later
๐ŸŽฒ Probability of bullish move: 28% - aka this suggest a bearish move over the next 4days.

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