FX:SPX500   S&P 500 index of US listed shares
350 6 6

So far, each time SP500             has entered the sticky band, it took 30 to 45 calendar days to mark the last top.

Although the risk of straight verticality is limited, there is a 40% probability of staying in the band potentially do an excess to 2140 just after the 22nd of January (Draghi)

SP500             has remarkably switched regime from high amplitude to tiny ones.

As long as it trades above 2050/2060, it could remain sticky for a month.

Let's see what it does next week but more of nothing is really the projection although the big move is skewed down for next week.

Related Ideas

jangseohee
2 years ago
relax, its long weekend
there is another long one next week
will drift higher..? or just few more DOJIs until 31 Dec
Reply
YaKa PRO jangseohee
2 years ago
Yes.
It s good to quantify stickiness to remain relaxed actually.
-1 Reply
YaKa PRO jangseohee
2 years ago
The incredible thing is that Dec stats were:
Drawdown: -4%
Close: +1%
if nothing happens next few days (base), it is about to do exactly that
-1 Reply
i wish you would stop posting
Reply
YaKa PRO the_batman
2 years ago
?
-1 Reply
jangseohee YaKa
2 years ago
the_batman had enough of SPX?
Reply
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