Interesting stat from sentimentrader: In the past six years the SPY has put in back-to-back NR7 days (narrowest range in past seven days) 3 times while at 52-week highs. Each time the SPY was down at least 4% over the next 30 days.
2011 crowded markets , page-36
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Last
8,276.5 |
Change
64.300(0.78%) |
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| Open | High | Low |
| 8,212.2 | 8,285.2 | 8,212.2 |
| XJO (ASX) Chart |