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06/08/2019 Weekend Update

06/08/2019 Weekend Update

Postby Cobra » Fri Jun 07, 2019 4:26 pm

Up 1 week, 77% chances higher high ahead the next week, so the rally probably isn't over yet.

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Re: 06/08/2019 Weekend Update

Postby Trades with cats » Sat Jun 08, 2019 3:41 pm

Interesting comment from Odd Stats on twitter. Note he is basing this on the % change, not red or green which is what Cobra's stat is looking at. My wife has an old Hewlett Packard saying "tell me how I will be measured and I will show you how I perform".

This week, $SPX was up at least +4.5% from Monday's close through Friday's close, which MUST be bullish, right?

Not according to this data from the last 20 years.

$SPX was negative the next day almost 70% of the time.

old stats next day.png
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