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On January 17, 2010, I mentioned that although since 01/01/2009 the SPY always posted a higher close (than the trigger day's close) 4 and 5 sessions later (after the SPY’s 2-day RSI closed above 96), it was the first occurrence (since 01/01/2009) t
Due to some business and family related matters, today a condensed version only.
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A trend day up was - based on historical probabilities and odds - the least expected outcome with respect to Thursday's session. But due to the fact that th
Wednesday's FOMC announcement session again perfectly complied to historical probabilities and odds calling for some extensive strength between yesterday's close and the start of Wednesday's last hour of the session.
The ES E-MINI S&P 500 gaped
Unfortunately I'm still suffering from the touch of the flu, so posting will still be light (but that doesn't matter with respect to Wednesday's session).
Tuesday's session perfectly complied to historical probabilities and odds calling for some ext
Since 01/01/1990 there were only 6 occurrences (now seven out of 156 FOMC announcement sessions) where the ES E-MINI S&P 500 closed lower on an FOMC announcement session and posted a loss on the then following two sessions as well.
On Friday th
It seems that - at least temporarily - the tide has turned: Although historical probabilties and odds were (heavily) lopsided on the upside on Wednesday's FOMC announcement session and additionally on the then following session (today) when the ES E
On Wednesday's FOMC announcement session the ES E-MINI S&P 500 defied all probabilities and odds (which were heavily lopsided on the upside) and closed lower on the day (mainly due to a sell-off during the final hour of the session after the S&a