This fine weekend I bring you this interesting data while looking at 50-day moving average of IXIC:
Probability of markets SPX declining in the next two months following NASDAQ breaking above its 50-DMA is 75% (n=13) with average return of -3.53% (sorry for not including SD) with performance in the first month being more or less random.
So, will february and march bring us lower?
All credits to bullmarkets.co