S&P (SPY) Historical Test

Hey Traders,

   Below is a study I've done on the S&P 500, through SPY, testing back to 1993.

The S&P 500 has pulled back roughly 4% in the last 50 days (since the April top), is below the 50 day moving average, but above the 200 day moving average (indicating short-term bearish, but long-term bullish). Over the last 19 years, this occurrence has been statistically bullish for the S&P 500, specifically 25 days out (roughly a month).


Just more information to add to your toolbox when making a decision!


Julian