Bullish bias in SP500
SP500
The SP500 concluded the session at a close of 7762.66. Over the prior 48 hour period, the index saw a bearish change of -0.82 percent. This decline defines the trend leading into current market activity.
Historical data found 20 instances with a similar price structure. Among these, 70 percent finished with a bullish bias. This shows a tendency to trade higher following the observed contraction.
The average gain was 0.61 percent during positive moves, while the average loss was -0.36 percent. The total average across all 20 instances was 0.32 percent.
A sample of 20 matches provides a basis for the average figures. This size means the 0.32 percent average reflects the combined historical performance of these specific sessions.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| SP500 | 7762.66 | -0.82 % | 20 | 14 | 6 | 0.32 % |
This is not financial advice. It is an indicator based on statistics from historical data.