Bearish bias in SP500
SP500
The session concluded with a close at 7646.560000. During the preceding 48-hour period, the price action recorded a decrease of 0.73 percent. This recent trend establishes the current bearish bias.
The scanner identified 17 historical sessions with similar price characteristics. Among these instances, 11 sessions ended with a lower valuation. This results in a 65 percent share for the bearish lean.
Bullish outcomes averaged a gain of 0.83 percent. Conversely, the average loss for bearish sessions was -0.51 percent. The collective average across all matches resulted in a move of -0.03 percent.
A sample of 17 matches provides a specific look at historical trends. This frequency suggests the average move reflects a balanced set of outcomes. The distribution offers a clear view of past behavior.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| SP500 | 7646.56 | -0.73 % | 17 | 6 | 11 | -0.03 % |
This is not financial advice. It is an indicator based on statistics from historical data.