QQQQ Closes at 5-day Low for the 1st Time in a While

One notable study that appeared in the Quantifnder Friday evening looked at the fact that the QQQQ closed at a 5-day low for the 1st time in at least 10 days. I’ve updated those results below:

This study appears to provide a mild upside edge. Much of the edge occurs within the 1st two days.