86% of instances were trading higher 2 days later and the average trade was 1.2%. This suggests a decent upside edge for the next couple of days.
A more detailed look at this study may be found in last night’s Subscriber Letter. To view it in full you may take a free trial. If you have trialed Quantifiable Edges before but not since 6/1/09 you may send a request to support @ quantifiableedges.com (no spaces).