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Probabilities of Retest (Bulkowski Throwback Theory)

FX:SPX500   S&P 500 Index
1) Since year 2000, 58% of 10,305 chart patterns with upward breakouts had throwbacks.
2) A high volume (above 30-day average) breakout throws back 70% of the time.
3) After returning to the breakout price, 35% continue dropping below the chart pattern. That mean 65% of the time price recovers.

http://thepatternsite.com/throwbacks.htm...
@TomPip, definitely in the play too
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