There’s Not A Person In The World That Does Not Know This
After 3 phone calls from brokers, a text from a friend, and seeing it numerous times on twitter, there’s not a person in the world that does not know that the SP500 after 5 down days in a row is due for a bounce.
Here are a couple of studies;
SPX setting up for a bounce
What happens after 4 down days
There’s so much information now freely available that it doesn’t matter who gets it, its who can execute them that matters.
This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this blog constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog. The stocks presented are not to be considered a recommendation to buy any stock. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.
Share This Story, Choose Your Platform!