SPX's Death Crosses "1 Hour" Little study. Deep & Crazy stuff
445
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*********************************************
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.