Quantifiable Edges @QuantifiablEdgs Twitter profile

Last Seen Profiles

@chaos6_

@DaveWaslen

@karenclement

@Smh_Shanti

@bLT2aa7HsUCxqKE

@svenphen

@pridebot023706

@shiro_unreal

@neomorf

@satvikps

@Marialajoker

@zazhah

@JKH_CS

@tia_pm

@idontkn18996584

@a_zsola

@CarrionGodBless

@identity_tenne

@MuSparkle24246

@A6EP2dCnmO20310

@Rean_bs

@jandakembangstw

@kraken_9076

@josiasmr2013

@SocietyProtest

@NeoMakVRC

@mychristmasbook

@absolute

@yrechtman

@chumasteve

@Sunday_Mail

@MccullockMyles

@daiko94

@itsniyahsanaye

@dragonblade1992

@CruzeiroLife

Quantifiable Edges

@QuantifiablEdgs

2 years

"Everyone" knows by now that Wed and Fri around Thanksgiving are bullish. So did "everyone" front-run it and push the $SPX up on Tue? Well, since 1994 the Wed bullish edge has flopped when $SPY closed Tue strong. All Wed gains came when Tue closed weak...

21

72

331

Quantifiable Edges

@QuantifiablEdgs

2 years

An Unprecedented Breadth Trifecta Triggered on Thurs: $SPX $SPY #breadth @WalterDeemer

24

61

265

Quantifiable Edges

@QuantifiablEdgs

2 years

A Rare "Inverse Zweig Breadth Collapse" Triggers: $SPX $SPY $QUANT $STUDY #breadth @NorgateData

20

52

257

Quantifiable Edges

@QuantifiablEdgs

2 years

This $VIX decline has been astonishing. It is currently 16% below its 10ma. Today could mark the 10th day in a row that is closes more than 12% below its 10ma. Never been done before. Other times it did it 9 days in a row: 10/30/14, 11/21/16, 11/16/20, and yesterday.

13

39

233

Quantifiable Edges

@QuantifiablEdgs

2 years

Quite rare for $SPX and $VIX to both close at 10-day lows. Here is the list of all the other times is happened when $SPX was below its 200ma.

12

53

237

Quantifiable Edges

@QuantifiablEdgs

4 years

$SPX has now dropped 10% from its all-time high in 6 trading days. That has never happened before. (Data back to 1928.)

11

79

183

Quantifiable Edges

@QuantifiablEdgs

2 years

The bear market might continue to rage for a while longer, but if you are looking for the market to tumble tomorrow just because the $FED is going to hike rates, you have not been paying attention this year. See table. (Note: also not a "buy signal" on its own.) $SPX $SPY

16

54

183

Quantifiable Edges

@QuantifiablEdgs

9 months

A Look At Zweig Thrust Signals: $SPX $SPY $QUANT $STUDY #Zweig

7

24

130

Quantifiable Edges

@QuantifiablEdgs

4 years

$SPX is down about 2.65% as I type. It has not closed down > 2.5% on back to back days while above the 200-day mov avg since 1938. $SPY $QUANT #timeslikethese

8

52

124

Quantifiable Edges

@QuantifiablEdgs

10 months

Today marks 4th time ever (1993 inception) that $SPY has made a lower low 9 days in a row. Other 3 along with ultimate streak length: 1/27/2003 (9), 8/4/2011 (12), 12/26/18 (9) $SPX

4

20

113

Quantifiable Edges

@QuantifiablEdgs

2 years

The % of $SPX constituents > 50ma rose above 90% on Fri. Huge reversal over last 10 weeks. Looks positive for int/long term. Hat-tip to @SJD10304 for the idea. @NorgateData

2

25

111

Quantifiable Edges

@QuantifiablEdgs

4 years

All bear mkts as defined in header...average bear market took about a year and a half to bottom out. Shortest was 1987 (3+ months). 2nd shortest (1962) was 6 months. Seems optimistic to think this one has bottomed. $SPX $SPY $STUDY

2

50

99

Quantifiable Edges

@QuantifiablEdgs

3 months

A Triple 70 Breath Thrust triggered yesterday. I last posted on the blog about these a couple of years ago: $SPX $SPY

4

24

102

Quantifiable Edges

@QuantifiablEdgs

2 years

Every $SPY gap up of > 3%... $SPX

6

25

101

Quantifiable Edges

@QuantifiablEdgs

2 years

7 consecutive down weeks is a lot for $SPX. Only 3 other instances ever. Interestingly, the amount lost over the 7 weeks was very similar each time. (Forward results were very different if you bother to look at charts.) Anyway...rare air here. $SPY

10

20

100

Quantifiable Edges

@QuantifiablEdgs

1 year

$SPX move to new 50-day high occurred on historically weak breadth Fri. % $SPX stocks > 20ma was just 36.8%. Only 1 other time did $SPX make 50-high with < 40% $SPX stocks < 20ma. 6/10/1957 when 38.5% closed > 20ma. Chart in case you're curious about 1957 fwd perf... $STUDY $SPY

3

14

97

Quantifiable Edges

@QuantifiablEdgs

7 months

Quantifiable Edges Capitulative Breadth Indicator (CBI) would finish at 12 if market closed right now. 10+ is considered strongly bullish. I am out of the office right now but will update over the weekend.

4

13

97

Quantifiable Edges

@QuantifiablEdgs

4 months

When $SPX has a 3-day pullback for the 1st time in over 2 months... $SPY $QUANT $STUDY

8

20

91

Quantifiable Edges

@QuantifiablEdgs

4 years

@hmeisler in her "chart show" today showed NYSE New Lows hit a multi-month high on Friday. I looked back at other times this occurred while $SPX closed at 200-day high. Only 13 instances back to 1928. Here they are with forward results...

4

24

86

Quantifiable Edges

@QuantifiablEdgs

4 years

$NDX is currently up 2.5% on the day while the $SOX is down. That happened 8 times between 1999 and 2001, but it has not happened since.

4

16

86

Quantifiable Edges

@QuantifiablEdgs

2 years

$SPX Performance Following Big Friday Selloffs: $SPY $QUANT $STUDY

6

18

84

Quantifiable Edges

@QuantifiablEdgs

10 months

Is $SPX selloff near an end? $SPY $QUANT $STUDY

5

15

85

Quantifiable Edges

@QuantifiablEdgs

2 years

A 3x 70% Breadth Thrust Signal: $SPX $SPY $QUANT $STUDY

4

15

80

Quantifiable Edges

@QuantifiablEdgs

2 years

Does Quick Drop To 20-Day Low Invalidate Recent Breadth Thrust? $SPY $SPX $QUANT $STUDY #breadth (See blog post for further explanation.)

5

16

80

Quantifiable Edges

@QuantifiablEdgs

2 years

Selling feel relentless? It has been. Normally volatility goes both ways - big down days followed by big up days. Table shows unusual concentration of big drops w/out ANY big ups in Jan. $SPY $SPX

7

27

81

Quantifiable Edges

@QuantifiablEdgs

2 years

Wild action Thurs. $SPY gaps down > 1.25%, then fills the gap before reversing and closing below the open but still above the 200-day MA. Only other instance was the 10/27/97 Asian Contagion. $SPX #NBAtradeDeadlineSelloff

October 27, 1997, mini-crash - Wikipedia

en.wikipedia.org

6

15

79

Quantifiable Edges

@QuantifiablEdgs

6 months

Friday's $SPX breakout to a new all-time high was the 1st in over 2 years. Only 6 other times since 1928 has there been 2+ year bases like this. Performance following previous instances shown in table. $SPY $STUDY

2

20

77

Quantifiable Edges

@QuantifiablEdgs

6 years

Last Day Of The Year History (And Why Traders Need An Open Mind & Adaptability) $COMPQ $QUANT $STUDY

3

18

72

Quantifiable Edges

@QuantifiablEdgs

2 years

I'm not getting too excited about this study, but in case you were curious, here are the other years where there was a bad Jan and bad Feb... $SPX $SPY $QUANT $STUDY

3

16

74

Quantifiable Edges

@QuantifiablEdgs

5 years

$SPY has now gone 27 days without even probing its 10ma intraday. Longest previous streak was 22 days - ended on 11/20/14 (almost exactly 5 yrs ago.) Remarkable run-up. Pullback overdue & might never ever happen :) $SPX

4

21

69

Quantifiable Edges

@QuantifiablEdgs

3 years

Seeing lots of studies pop up suggesting panic selling. Panics on Fridays typically more extreme because people afraid of weekend risk. Perhaps more so today because half day / holiday. I'll look deeper over the weekend. That is 1st impression. $SPX $SPY

3

73

Quantifiable Edges

@QuantifiablEdgs

6 months

Despite only moderate losses today for the market, the CBI continued to spike...now at 17, which is the highest reading since Jan 2021. Very unusual to see such a dramatic move up on such a mild $SPX pullback.

10

8

72

Quantifiable Edges

@QuantifiablEdgs

2 years

$SPY Short-Term Overbought In A Downtrend: $SPX $QUANT $STUDY

3

9

70

Quantifiable Edges

@QuantifiablEdgs

6 months

Unusual setup today suggesting very split market. Quantifiable Edges CBI could spike from neutral 4 all the way to bullish 11 this afternoon. Only seen moves to 10+ twice before when immediately following a 50-day $SPX closing high. Here are all 5 times (since 1995) it happened

4

9

69

Quantifiable Edges

@QuantifiablEdgs

2 years

#CPI release has been major market mover in 2022. Here are last 7 CPI release dates along with $SPX range and return. ATR has been nearly 2x on CPI dates vs all others. And LAST 3 CPI RELEASE DATES HAVE AVERAGED NEARLY 200 $SPX POINTS OF RANGE. $SPY

7

28

69

Quantifiable Edges

@QuantifiablEdgs

2 years

$TLT is now down over 26% from its March 2020 peak. Very close to its worst drawdown ever of 26.59% in 2009. It is at its lowest level since August 1, 2019. All of these numbers are dividend-adjusted. (Even with dividends received it is down over 26%.) So, yeah, bad.

2

9

63

Quantifiable Edges

@QuantifiablEdgs

2 years

Quantifiable Edges Capitulative Breadth Indicator (CBI) spiked to 11 on Friday. This post looks at other 10+ readings during downtrends: $SPX $SPY #CBI

3

21

63

Quantifiable Edges

@QuantifiablEdgs

2 years

The Quantifiable Edges Capitulative Breadth Index (CBI) looks likely to close at 10 today. Just hitting the bullish number. Most times an $SPX bounce has begun within the next few days. Lots of research and studies here: $SPY

6

7

63

Quantifiable Edges

@QuantifiablEdgs

3 years

I wrote about next week being the "Weakest Week" recently. But what happens when the market sells off in the 2 weeks prior? Answer here:

1

21

62

Quantifiable Edges

@QuantifiablEdgs

11 months

Looking back to last October, we have had 11 CPI releases. 9 times $SPX closed up. 2 down. Avg day +1.06%. Worst day -0.41%. Pretty strong streak. $SPY $STUDY

4

5

62

Quantifiable Edges

@QuantifiablEdgs

2 years

$SPX McClellan Oscillator (different from standard NYSE version) closed at 57.24 on Tuesday. My S&P 500 breadth data only goes back to 2008. Here are next day $SPX results after all other times Osc closed >= 55. (Down all 16.) $SPY #breadth

4

17

60

Quantifiable Edges

@QuantifiablEdgs

4 years

$SPX is up over 27% in the last 15 days. The last time that happened it was May of 1933 and it was the S&P 90 Index. $SPY

2

18

59

Quantifiable Edges

@QuantifiablEdgs

3 years

Over the last 6 days the $RUT has lost > 5% while $SPX has not even lost 1%. Here is a lost of all other times this has occurred. $SPY $IWM

3

17

60

Quantifiable Edges

@QuantifiablEdgs

2 years

$SPY already at a 1-month low and < 200ma then gaps down over 1% to start the day on a Friday. How's Friday done from open to close in the past? See table below. $SPX $QUANT $STUDY

4

12

59

Quantifiable Edges

@QuantifiablEdgs

2 years

Previous 1-day rallies in $SPX of 5% or more have occurred during wild market environments. Very wide dispersion of returns over the next several days. $SPY $STUDY

1

15

57

Quantifiable Edges

@QuantifiablEdgs

3 months

Been traveling and off X for the last few days. I'm back, and the Quantifiable Edges CBI spiked to a bullish 12 reading on Wednesday. More info on CBI readings here: $SPX $SPY #breadth

2

12

58

Quantifiable Edges

@QuantifiablEdgs

2 years

The week ending June 17th was the worst weekly % chg for $SPX since March 2020. This past week completely made up for the losses. Study and thoughts: $SPY $QUANT $STUDY

3

10

56

Quantifiable Edges

@QuantifiablEdgs

2 years

Yield Curve Inversions and $SPX Returns: $SPY $QUANT $STUDY @NorgateData #Amibroker

1

16

58

Quantifiable Edges

@QuantifiablEdgs

2 years

Breadth by multiple measures was extremely strong in mid-August, & has collapsed since then. % of $SPX stocks > 50ma has dropped from >= 90% to <= 5% within 50 days for only the 3rd time ever. Others were 10/22/79 and 10/16/87. Response much different in 2 cases. See charts. $SPY

3

14

57

Quantifiable Edges

@QuantifiablEdgs

2 years

Unless we get a bounce this afternoon, $NASDAQ will have its worst start to a year (through April) of all time. Below are all years where $COMPQ closed down > 8% through April along with forward returns. @NorgateData $QUANT $STUDY

2

19

54

Quantifiable Edges

@QuantifiablEdgs

2 years

With $SPX down over 2% right now, this could be the worst start to a year (thru April) in my lifetime, and even since its predecessor, the S&P 90 was the index. Here are all years that started down > 10%.

6

10

56

Quantifiable Edges

@QuantifiablEdgs

1 year

When the employment report has been released on Good Friday... $SPX $SPY $STUDY #seasonality ...Monday has seen high volatility.

5

8

53

Quantifiable Edges

@QuantifiablEdgs

7 months

Quantifiable Edges CBI Hits 11 for 1st Time Since 2022: $SPX $SPY $QUANT $STUDY

6

9

53

Quantifiable Edges

@QuantifiablEdgs

3 years

Here is a study from last night's subscriber letter... A Consolidation After A New $SPY High: $SPX $QUANT $STUDY

1

2

54

Quantifiable Edges

@QuantifiablEdgs

2 years

Mon & Tues saw the best 2-day start (+5.73%) to any month since the inception of the modern $SPX in 1957. Here is the full list of months that were up > 3% after the 1st 2 trading days. $SPY

1

16

53

Quantifiable Edges

@QuantifiablEdgs

2 years

Forward Performance After Bad 1st Halves Of The Year: $SPX $SPY $STUDY

0

17

51

Quantifiable Edges

@QuantifiablEdgs

3 years

$SPX Looks like the morning will get off to a strong start. Can it hold through the close? Strong selloffs on the day before a Fed Day have typically been followed by a strong Fed Day. Here a list of all 1% drops in $SPY the day before and their Fed Day performance:

6

13

50

Quantifiable Edges

@QuantifiablEdgs

7 months

Today's sizable rally caused the CBI to drop all the way down to 5. We could still have further to bounce in the short-term. I have often viewed a return to 3 or lower as a reasonable short-term exit strategy for spikes to 10+. It will be a while until we see if the

Quantifiable Edges

@QuantifiablEdgs

7 months

Quantifiable Edges CBI Hits 11 for 1st Time Since 2022: $SPX $SPY $QUANT $STUDY

6

9

53

2

51

Quantifiable Edges

@QuantifiablEdgs

2 years

Generally a CBI spike to 10+ means there is a broad washout occurring and strong odds of a bounce over the next 2-4 weeks. Also a short-term edge until the condition resolves. Condition resolved today (CBI=0). Another leg down right away unlikely. Could in a couple of weeks.

2

9

52

Quantifiable Edges

@QuantifiablEdgs

3 years

$NDX is now down 1.3% on the week. It will need to rally over the next 3 days to avoid a 5th straight down week. This might not seem terribly unusual...but $NDX has not closed down 5 weeks in a row since Nov...of 2012.

5

9

49

Quantifiable Edges

@QuantifiablEdgs

9 months

Looking back to 1928, $SPX has closed up 7 days in a row after a 100-day low only 6 other times (until Tues): 7/8/1937, 12/8/1943, 12/3/1971, 5/5/1977, 11/11/1977, 3/20/2003. Only 2003 instance closed up on day 8. All 6 were down 4 days later but up 9 days later. Small sample

4

10

51

Quantifiable Edges

@QuantifiablEdgs

2 years

$NDX Performance After 5 Down Days and a 150-Day Low: $QQQ $QUANT $STUDY

2

15

51

Quantifiable Edges

@QuantifiablEdgs

2 years

Y'all ready for a bounce? Here is one of several short-term bullish studies I'll be including in tonight's subscriber letter. (Free trial link here: ).

4

15

52

Quantifiable Edges

@QuantifiablEdgs

6 years

This Incredibly Bullish Seasonal Period Has Just Begun: $SPX $SPY

2

19

51

Quantifiable Edges

@QuantifiablEdgs

3 years

In case you think $SPX has overshot and could have a big down day tomorrow, here are the last 3 times $SPX declined > 1% on Tues of opex week: 5/12/20, 9/13/16, and 3/15/11. Pretty rare.

6

50

Quantifiable Edges

@QuantifiablEdgs

3 years

3-day-plus pullback into a $FED day have consistently led to bounces. (See blog post for full list of instances.) $SPX $SPY $QUANT $STUDY

1

6

50

Quantifiable Edges

@QuantifiablEdgs

4 years

Big Gaps Down In Already Bad Markets: (Click thru for more stats, notes, and analysis.) $SPY $SPX $QUANT $STUDY

2

12

48

Quantifiable Edges

@QuantifiablEdgs

2 years

$SPX is now down 5 days in a row, but no $VIX spike. In fact $VIX closed today under its 10ma. So does $SPX NEED a $VIX spike before it can bounce? Instances rare, but history says "no".

1

15

49

Quantifiable Edges

@QuantifiablEdgs

2 years

$FED QT has not yet begun. But here is a table of $SPX and SOMA changes over last weeks. We have not yet seen active removal of liquidity but if market action it is anything like what has occurred in anticipation of it, and in simply stopping liquidity infusions...not pretty.

2

16

49

Quantifiable Edges

@QuantifiablEdgs

3 years

Persistent Moves To New Highs Rarely End Abruptly: $SPX $SPY $QUANT $STUDY

2

6

50

Quantifiable Edges

@QuantifiablEdgs

2 years

Do Poor YTD Results Mean Late December Rally Will Flop? $SPX $SPY #seasonality $QUANT $STUDY

1

10

49

Quantifiable Edges

@QuantifiablEdgs

3 years

A Rare Year-To-Date $VIX Low In October: $SPX $SPY $QUANT $STUDY

3

11

50

Quantifiable Edges

@QuantifiablEdgs

4 years

Monday had the lowest NYSE Up Volume % breadth reading since 1955 of any day in which $SPX rose > 2%.

0

17

48

Quantifiable Edges

@QuantifiablEdgs

2 years

This is the 4th time in 2022 that $SPX has risen 4 days in a row. Last time was end of March. It has not risen 5 days in a row since November. Will get another chance to accomplish that tomorrow. $SPY

3

9

47

Quantifiable Edges

@QuantifiablEdgs

1 year

Thursday was the 5th day in a row with a NYSE Up Volume % > 65%. That's generally been a short-term positive during uptrends. $SPX $SPY $QUANT $STUDY

0

9

48

Quantifiable Edges

@QuantifiablEdgs

5 months

The Quantifiable Edges Seasonality Calendar algorithms are showing next week is a weak spot for $SPX $SPY but potentially bullish for $TLT #seasonality

0

12

47

Quantifiable Edges

@QuantifiablEdgs

9 months

The Quantifiable Edges CBI just closed at 9. Ten or higher is a strong indication of a bounce. Getting REAL close. $SPX $SPY

2

6

46

Quantifiable Edges

@QuantifiablEdgs

4 years

Today was the worst % decline of all time for both the $COMPQ and $RUT . Yes, even worse than 10/19/87 (Crash of 87). Neither existed in 1929.

1

8

42

Quantifiable Edges

@QuantifiablEdgs

3 years

90 minutes before the $FED announcement and $SPY is up > 1%. Here are all other times this has happened in an uptrend and the 2pm-4pm EST results. (check blog for FULL list without 200ma filter) $QUANT $STUDY

3

12

46

Quantifiable Edges

@QuantifiablEdgs

6 months

Nice bounce for the market today, but still seeing strong selloffs under the surface (especially in financial stocks). CBI rises again to 21. So there are still many stocks set to bounce. Action remains interesting. $SPX $SPY $STUDY #breadth #CBI

4

46

Quantifiable Edges

@QuantifiablEdgs

2 years

#CPI has become a market mover in 2022. Table shows action on last 6 CPI dates. Since 5/11/2022, the avg true range on CPI days has been 67% larger than the avg true range on all other days. $SPX $SPY

0

13

42

Quantifiable Edges

@QuantifiablEdgs

2 years

Here is a link to an article I had published this week in @proadvisormag It is about a powerful indicator I first discussed on the blog at Quantifiable Edges in 2009, and it has continued to provide value.

NASDAQ/SPX relative strength is a powerful indicator

The NASDAQ/SPX relative-strength indicator has been effective over a long period. The equity market has performed much better when the NASDAQ leads the SPX.

proactiveadvisormagazine.com

3

6

44

Quantifiable Edges

@QuantifiablEdgs

3 years

$QQQ gapping up > 2% from 10-day low above 200ma. All past instances shown. (Perhaps a better day-trade than swing-trade indication.) $NDX $QUANT $STUDY

3

11

43

Quantifiable Edges

@QuantifiablEdgs

2 years

Treasuries often act as safety net when everything else is selling off. These days treasury drops are causing selloff in other assets. They are not the safe haven. $TLT and $SPX both down > 3% today. Only dates both closed down that much were 3/11/20, 3/18/20 - COVID crash.

2

9

44

Quantifiable Edges

@QuantifiablEdgs

3 months

As we approach the close, the Quantifiable Edges Capitultive Breadth Indicator (CBI) appears likely to inch up slightly from 12 to 13. $SPX $SPY

2

7

45

Quantifiable Edges

@QuantifiablEdgs

3 years

Monday's Strong Selling & New Lows Triggered This Historically Bullish Setup: $SPX $SPY $QUANT $STUDY

1

9

44

Quantifiable Edges

@QuantifiablEdgs

4 years

Only 26% of $RUT stocks closed > their 20-day mov avgs on Thursday. It was the 1st time ever (data back to 1990) that $COMPQ closed at even a 6-month high while < 30% of $RUT stocks closed > 20ma. #strangeDaysIndeed #mostPeculiarMama

2

9

42

Quantifiable Edges

@QuantifiablEdgs

1 year

When $SPX closes at a 20-day low but > 200ma and the CBI is at 8 or 9: (More study details found using link.) $SPY $QUANT $STUDY #CBI

2

10

44

Quantifiable Edges

@QuantifiablEdgs

5 years

I recently read @ArthurHill 's paper "Finding Consistent Trends with Strong Momentum - Rsi for Trend-Following and Momentum Strategies". If you're looking for some good research to review over the long weekend, it is a great piece. $QUANT $STUDY

4

10

39

Quantifiable Edges

@QuantifiablEdgs

8 months

A 50-Day High Heading Into Thanksgiving: $SPX $SPY $QUANT $STUDY And the Black Friday Sale has returned to Quantifiable Edges! #seasonality

2

5

42

Quantifiable Edges

@QuantifiablEdgs

4 years

Today could see 4th day in row $SPY low > yesterday's close (unfilled gap). Only other 2 other instances ever: 1) 1/5/18 - kept running higher for 3 more weeks. 2) 10/12/20 - marked Oct top.

3

9

39

Quantifiable Edges

@QuantifiablEdgs

5 years

The Bearish Aftermath Of Quad Witching: $SPX $SPY $QUANT $STUDY @SonnyRico

3

5

41

Quantifiable Edges

@QuantifiablEdgs

6 months

$SPY / $SPX nearing 1% down. Unusual before a $FED announcement. Below are all times $SPY was down > 0.75% at 2pm of Fed Day. $QUANT $STUDY

1

5

42

Quantifiable Edges

@QuantifiablEdgs

6 years

Quantifiable Edges CBI Hits 20+ for the 12th Time - A Look at the Previous 11 Instances: $SPX $SPY $QUANT $STUDY

3

10

42

Quantifiable Edges

@QuantifiablEdgs

2 years

Why are there no good studies about performance on/near CPI release dates? Because for 40 years it was a non-event. Powell made it an event again. Kinda like Timberlake bringing sexy back.

3

1

42

Quantifiable Edges

@QuantifiablEdgs

3 months

Fri the $VIX closed at 18.71 while 21-day HV for $SPX was just 10.65. The 8-point diff is largest since 10/27/23 and in 98th percentile of the last yr. Not surprising with persistent selloff & geopolitical turmoil. But VIX unlikely to remain this high unless rlzd vol rises.

0

6

42

Quantifiable Edges

@QuantifiablEdgs

4 years

This is the biggest 3-day rally for $SPX since 4/20/1933 (when it was the S&P 90 index). $SPY

1

14

38

Quantifiable Edges

@QuantifiablEdgs

7 months

Quantifiable Edges CBI closed back at a neutral 2 today, essentially ending the short-term bullish indication that triggered on Friday. $SPX $SPY #CBI

3

4

41

Quantifiable Edges

@QuantifiablEdgs

5 years

This exemplifies the tops-down / bottoms-up rotation the $SPX has seen the last 2 days.

5

20

38

Quantifiable Edges

@QuantifiablEdgs

1 year

Amazingly the Quantifiable Edges Capitulative Breadth Index (CBI) hit 10 today. That suggests a broad oversold condition. Rarely happens when $SPX hasn't been selling off strongly. Another example of how split this mkt has been. Lots of CBI studies here:

0

4

41