OddStats
@OddStats
Retired finance professional. I can't see the future and neither can you; anyone who says different has something to sell. NOTHING I SAY IS INVESTMENT ADVICE.
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SPX has now gone 20 days without a +1% or -1% day.
But how has the index done 1 week and 2 weeks forward during the 0DTE era after this sort of event?
As you know, QQQ has just had 8 straight days of closing below the open.
This MUST be super bearish, right?
Sell everything and move to a cave?
Right.
As.
Usual.
The only time in history where the 30yr went from the 4%s to the 6%s within 6 months was June 1999.
73 trading days later, SPX was in a correction.
9 months later, SPX had its last ATH before falling into a years-long bear market.
To be clear, the 30yr is still under 6% now.
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