Down 5 days in a row, the next day has 67% chances to close up.
Down 5 days in a row, buy SPY at the close, HOLD until the very first day SPY closes up, you have 82% chances to make money with profit factor 2.0 which is good enough.
Down 1 week, the next week has 61% chances to close up.
Monday has been up 8 of the last 11.
Down 5 days in a row, the next day has 67% chances to close up.
Down 5 days in a row, buy SPY at the close, HOLD until the very first day SPY closes up, you have 82% chances to make money with profit factor 2.0 which is good enough.
Down 1 week, the next week has 61% chances to close up.