tag:blogger.com,1999:blog-2676650858658561710.post8622485479745759353..comments2023-11-02T06:14:07.871-04:00Comments on Quantifiable Edges: SPY 1% Gap Down From A Tight ConsolidationRob Hannahttp://www.blogger.com/profile/07596674657839065754noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2676650858658561710.post-53685765203098128322011-03-10T12:31:23.244-05:002011-03-10T12:31:23.244-05:00Thx for the share, Rob! Intraday results from 200...Thx for the share, Rob! Intraday results from 2008 are almost in a category by themselves, there was so much fear and volatility. If one were to throw them out, leaving just one datapt, which is insufficient, we all disappear, analysis-wise. <br /><br />However, an real interesting application arises--almost like a mini Aggregator concept-- which is to measure the possible "submerged beachball" bounceback implied by the prior day's study... in light of today’s.<br /><br />Sometimes, when such an effect is delayed, it emerges even stronger; other times it is simply negated by a new stimulus to the markets.<br /><br />Maybe this study, today's, says to damper expectations of such a snapback occurring on this occasion. Because, while inconclusive in one sense, today's study is def'ly not bullish.<br /><br />Again thx from all of us readers.Anonymousnoreply@blogger.com