SPX since 1985 "Worthy" divergences with Nasdaq 100.16 signals !

18 mai 2021

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%.

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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 %

19 mai 2021

Note

We are definitely on the 62% bearish side here, with Average of 4% & a Median of 8% pullbacks.