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samitrading

According to this study pullback is between (3.42%-20.15%)

S&P 500 Index (SP:SPX)  
samitrading Updated   
SP:SPX   S&P 500 Index
Beyond Technical Analysis Technical Indicators Trend Analysis SPX (S&P 500 Index) S&P 500 (SPX500) pullback correction signal study research
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beyondta indicator trendanalysis spx spx500 pullback correction signal study research
On a daily level, with all else equal, our correction/pullback target could be within these numbers.
7.33 %
3.42 %
20.15%
3.33%
4.04%
5.21%
8.60%
8.09%
17.21%

SPX RSI of RSI daily
Comment:
We are very still with in the norm of a pullback/correction percentage wise.
Comment:
If this study holds up, we have long way down to go. Now, we are 5.82 % down !!!
Comment:
Well, if & only if we have ended the pullback our total decline is 5.76% Good signal
that only appears one time every 1.5 year !!!
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


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SPX RSI of RSI daily
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