At this point, I only have daily data for the S&P 500 going back to January 3rd, 1950. Based on this data set there has only been eight (8) confirmed "Super Signal" formations. I have trended each formation and provided the charts below and provided the range data for all formations in a table below:
Number of "Super Signal" formations since Jan 3, 1950: |
8 |
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Average days till
peak in market after "Super Signal" formation: |
59 |
days |
Maximum days till
peak in market after "Super Signal" formation: |
144 |
days |
Minimum days till
peak in market after "Super Signal" formation: |
10 |
days |
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Average %
Increase in market at peak from
formation: |
5.6% |
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Maximum %
Increase in market at peak from
formation: |
11.8% |
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Minimum %
Increase in market at peak from
formation: |
1.8% |
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Average days till
low in market after "Super Signal" formation: |
381 |
days |
Maximum days till
low in market after "Super Signal" formation: |
729 |
days |
Minimum days till
low in market after "Super Signal" formation: |
101 |
days |
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Average %
Decline in market at low from
formation: |
-26.4% |
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Maximum %
Decline in market at low from
formation: |
-47.0% |
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Minimum %
Decline in market at low from
formation: |
-5.4% |
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2008 Super Signal Formation |
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2000 Super Signal Formation |
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1984 Super Signal Formation |
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1981 Super Signal Formation |
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1976 Super Signal Formation |
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1973 Super Signal Formation |
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1968 & 1969 Super Signal Formation |
|
1966 S&P 500 Super Signal Formation |
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