SPX's Death Crosses "1 Hour" Little study. Deep & Crazy stuff
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Small sample to make a big decision on, non the less something that would guide you . Calculation by Excel : since 2018-2021 we got 12 Death Crosses ( 50d MA crossing down the 200d MA) : 3.76 4.80 5.69 2.47 lowest of all 3.40 5.20 5.85 13.4 4.15 10.29 6.05 2.03
Summary: Minimum pullback 2.03 Maximum pullback 13.4 Average :5.59 Median : 5
--------------------------- Now for the " Deep & Crazy stuff" From exact moment of crossing to the bottom ----------------- 0 6 51 0 0 0 106 69 5 92 0 0 36 ----------- 0 : means we have already bottom (lagging ) -------------------------------------------------- Minimum : Already bottom lagging signal ( Crossed after the bottom have already placed in) Maximum: 106 ( 24 days & 1 Hour) Average: 28 bars. Median: 5 bars.
Mother of all summaries : 1/ That there is a Median of 5 bars (less than a day) that the bottom is already in !!!!!!!!!!!!!!!!!!!!!!!!!!!! 2 / There is almost a 50 % chance that when the cross happen, it is a time to buy. 3/ The Most risk we will get from just buying at the cross is A: Average 52 Bars B: Median: 51 Bars C: That's just 12 Trading days & 1 Hour.
************************************************HOW INSANE IS THIS*********************************************
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.