SPX Performance After Three 1% Down Days

Last night I looked at 3-day pullbacks a number of ways in relation to current market conditions. I thought blog readers might find the following interesting.


I noted that SPX closed lower by greater than 1% for the 3rd day in a row on Thursday. In the past, that has often been followed by gains the next day. But times where is wasn’t…well, take a look at the chart below.


Good chance we bounce in the next few days. Some chance things get a whole lot worse.


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