As you all know the trading day following a big up day is
usually down. Some statistics for your reference: Over the last 25
years, 87% probability of today being a down close versus
yesterday’s close on SPX. This is also true of many markets and
stocks: TSLA 70% probability of a down day, today.
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As you all know the
Posted by te22 on 30th of Aug 2023 at 08:11 am
As you all know the trading day following a big up day is usually down. Some statistics for your reference: Over the last 25 years, 87% probability of today being a down close versus yesterday’s close on SPX. This is also true of many markets and stocks: TSLA 70% probability of a down day, today.