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Slimsy
Jan 26, 2019 3:47 PM

NASDAtistics 

NASDAQ Composite IndexNASDAQ

Description

This fine weekend I bring you this interesting data while looking at 50-day moving average of IXIC:
Probability of markets SPX declining in the next two months following NASDAQ breaking above its 50-DMA is 75% (n=13) with average return of -3.53% (sorry for not including SD) with performance in the first month being more or less random.
So, will february and march bring us lower?

All credits to bullmarkets.co
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