S&P 500 IndexUpdated SPX since 1985 "Worthy" divergences with Nasdaq 100.16 signals !
Summary out of 16 signals:
-----------------------------------
1/ 10 signals =62% is bearish with
Median =8 % / Average =4%
2/ 5 signals = 31% of the time it
was a roller coaster.
3,4,2,4&11 bullish move then
7,10,4,2,&12 pullbacks.
3/ 1 Bullish signal = 6% we will go up
by 13%.
-----------------------------------
Percentage of pullback/correction
16 SIGNALS:
------------------------------------
-1.27 %
-54 % 2007 crash
-2.20%
-13% Bullish move
-11% bullish then 12% down
-7%
-3.77%
--4.16% bullish move then 1.67 down
-6.88%
-2%
-2.5%bullish then 4 % down
- 4%
-10%
- 4% bullish move then 10% down
-3.40 bullish then 7.40 % down
-7.42 %
-----------------------------------
1/ 10 signals =62% is bearish with
Median =8 % / Average =4%
2/ 5 signals = 31% of the time it
was a roller coaster.
3,4,2,4&11 bullish move then
7,10,4,2,&12 pullbacks.
3/ 1 Bullish signal = 6% we will go up
by 13%.
-----------------------------------
Percentage of pullback/correction
16 SIGNALS:
------------------------------------
-1.27 %
-54 % 2007 crash
-2.20%
-13% Bullish move
-11% bullish then 12% down
-7%
-3.77%
--4.16% bullish move then 1.67 down
-6.88%
-2%
-2.5%bullish then 4 % down
- 4%
-10%
- 4% bullish move then 10% down
-3.40 bullish then 7.40 % down
-7.42 %
Note
We are definitely on the 62% bearish side here, with Average of 4% & a Median of 8% pullbacks.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.