XJO 0.86% 7,829.7 s&p/asx 200

xjo - weekend charting and chat -11 april 2014, page-29

  1. 9,421 Posts.
    lightbulb Created with Sketch. 5133
    Here's a chart for the SP500. I've marked examples of up days for OpEx with an up arrow, and down days with a down arrow. And then I've marked the ensuing market action.

    It didn't work last month. But it did work in the previous five months. (I haven't time to go back further than that.)

    So - five out of the last six months, direction of OpEx Day has followed through for the following week.



    Trading is about probabilites.

    This is just one probability. It might or might not continue.

    Redbacka
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.