PRO TRADER: Do you see the HISTORICAL EDGE?
NEWBIE: silence...
PRO TRADER: Ok, we got a 10day low yesterday. Today the SPY gaps up and closes positive on the day. This close is above the 200MA.
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
🔱 This setup has occurred 40 times since 2007! 💎
🔱 The 1 day move from here has had 77.5% chance of being bullish 🟢 ( aka higher for the cash session 08APR)
🔱 The average move up has been 0.8%!
👉 Aka we predict that on the 08APR22 the general market (SPX) has 77.5% chance of closing 0.8% here from here!