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Brothers Wednesday, page-37

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25/05/17

06:35

Post #: 24897066
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Originally posted by 48&34 ↑

Have done some random sampling of days around the middle of each month going back 50 months as far as mid-April 2013. One sample taken per month so 50 samples checked.
The result is 29 samples showed an inverse relationship between the XJO direction and the previous day's XVI direction. So 21 samples showed a direct correlation which is against the hypothesis.
29 correct versus 21 incorrect is definitely not a basis to run trades with real money.
The size of the XJO movement also seemed to have a poor correlation with the size of the change in the XVI, so no joy there either.
OK, so going back to FA combined with TA.

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Yes, if it exists, then no harm in trying to utilize it. It's also a pity the mini SPI exists but has no volume. Good luck in your search for the 'edge'

XJO Value at posting: 5,769.0
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