StocksinoMarket breadth, measured

Signal Log · entry 2024-08-15-spy-sell

Sell SPY · August 15, 2024

The oscillator closed at 70.18, above its sell line of 69.12. 406 issues advanced and 86 declined. SPY closed at 553.07.

The signal did not stop there. It went on firing for 5 days across 6 sessions, through to August 23, 2024, and while it was still firing SPY went +1.64% against the call. A signal that keeps repeating is not the same event as one that resolves in a session, and reading only the first day would say otherwise.

This entry was written the day the signal fired. The outcome rows below were filled in automatically as the sessions elapsed, whatever they said. Nothing on this page has been edited since.

What SPY did next
2 sessions +1.18% call failed at the time: 46.4% over 69 prior sells · baseline 55.9%
5 sessions +0.57% call failed at the time: 43.5% over 69 prior sells · baseline 57.8%
10 sessions +0.95% call failed at the time: 36.2% over 69 prior sells · baseline 60.6%

Closed: the call failed at every horizon.