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Friday, November 20, 2015 4:27:54 PM
What Follows Solid Gains During OpEx Week
* November 20, 2015
Strong moves on most opex weeks will often be followed by a pullback the following week. This can be seen in the study below, which I have shown a number of times over the years in the Subscriber Letter.
The stats suggest a short-term downside edge. Four days out the SPX has closed lower more than 2/3 of the time, and the losers have been a little larger than the winners on average. Traders may want to remain aware of the strong possibility of a pullback this week.
http://quantifiableedges.com/what-follows-solid-gains-during-opex-week/
• George.
* November 20, 2015
Strong moves on most opex weeks will often be followed by a pullback the following week. This can be seen in the study below, which I have shown a number of times over the years in the Subscriber Letter.
The stats suggest a short-term downside edge. Four days out the SPX has closed lower more than 2/3 of the time, and the losers have been a little larger than the winners on average. Traders may want to remain aware of the strong possibility of a pullback this week.
http://quantifiableedges.com/what-follows-solid-gains-during-opex-week/
• George.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• gtsourdinis
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