Bullish bias in SP500
SP500
The SP500 concluded the latest session at 7694.340000. Over the last 48-hour period, the price experienced a change of -1.35 percent, marking a notable bearish trend leading into the current hour.
A search of historical data shows 48 similar periods. Among these, 32 instances ended with a bullish bias, which accounts for a 67 percent share that finished higher. This suggests a pattern where price often recovers following such moves.
The average gain during positive sessions was 0.75 percent, whereas the average loss was -0.45 percent. Combining all 48 instances, the total average move was 0.35 percent.
This sample size of 48 provides a specific context for the average move. The 0.35 percent figure demonstrates how the higher frequency of bullish outcomes historically offset the sessions that remained bearish.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| SP500 | 7694.34 | -1.35 % | 48 | 32 | 16 | 0.35 % |
This is not financial advice. It is an indicator based on statistics from historical data.