SPDR S&P 500 (SPY): Why 3 points? Why tomorrow? and why?...

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Re: Ferda post# 346510

Wednesday, 09/15/2021 11:00:49 AM

Wednesday, September 15, 2021 11:00:49 AM

Why 3 points? Why tomorrow? and why?

Ex div is about 1.5 so why 3 ???

Ex div is on 18th so will show in price on Monday 20, so Why tomorrow to adjust anything?

Why to adjust? Is going to be a NEW oex by that time with NEW R1 completely unknown at this time, so the Aug R1 is a moot point to adjust or even think of adjusting, it is not?

Then a final question is, how the NEW base-line is affected if any after an OEX which has an ex-div adjusting the price (down) ?
Did you record any experience in this matter?

I recorded adjustments with some indicators, and particularly with S/R , but near zero with trend indicators. I see OE as a static sys so my mind speculates that it should be affected cent for cent as with S/R but I did not study this yet, even slipped my mind to consider it.

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