Some statistics for ya' minds
Bullish flag breaks on though the top and I drop some knowledge right here:
Between 24-Jan-2014 and 23-Jan-2019, there have been 7 independent observations where the Average 5-Day RSI for S&P 500 Stocks crossed below the level of 70.
After 5 days, the S&P 500 returned an average of 0.65% (SD 0.78%), with the return being positive in 86% of the observations.
SPX crossed this level on Tuesday. Therefore on next Tuesday we may be up in relation to this Tuesday.
Between 24-Jan-2014 and 23-Jan-2019, there have been 7 independent observations where the Average 5-Day RSI for S&P 500 Stocks crossed below the level of 70.
After 5 days, the S&P 500 returned an average of 0.65% (SD 0.78%), with the return being positive in 86% of the observations.
SPX crossed this level on Tuesday. Therefore on next Tuesday we may be up in relation to this Tuesday.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.