Down 4 days in a row, the next day has 61% chances to close up.
Down 4 days in a row, buy SPY at the close, HOLD until the very first day SPY closes up, you have 78% chances to make money with profit factor 1.2 which is not good.
Down 1 week, the next week has 60% chances to close up.
Down 4 days in a row, the next day has 61% chances to close up.
Down 4 days in a row, buy SPY at the close, HOLD until the very first day SPY closes up, you have 78% chances to make money with profit factor 1.2 which is not good.
Down 1 week, the next week has 60% chances to close up.
Monday has been mixed recently.