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.

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