Have you ever heard of turnaround Tuesday?

Now you have.

Turnaround Tuesday is a trading strategy that says that "whenever we get a > -1% drawdown on a Monday, you should buy at the close, and sell the next day at close"

This strategy has a success rate of about 60-65%

I will not initiate longs, but I just wanted to share that a spike tomorrow should not come as a surprise.

The general picture is still down. Short every spike.

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