Swing Trading Strategies & Stock Picks Since 2003

There are no new MasterSwings picks today, (see yesterday) but below you'll find some interestingstatisticas from Tuesday's close down. (The last day that closed lower) Q: What happens when the S&P futures is below the 200-day moving average for the last 4 tradings days, and the price opened in the upper 20% of the day's range while the close was is in the lower 20%, and the closing price is lower than the closing price on the previous trading day, and there has been 3 large 5-day gains in price? * Large 5-day gain - Closing price represents a five-day percentage gain of more than one standard deviation above the average five-day percentage change measured over the last 30 trading days A: According to the 11 previous occurances of the event, the S&P futures have shown a strong bullish edge that peaks in 17 trading days, (from Tuesday Sept. 7th), which would be Thursday, September 30th. The S&P rallies 91% of the cases (10 of 11) by an average of 3.6% relative to the close on Tuesday. The average of the 1 decline is -0.6%. The overall return of the 11 cases is 3.2%. Which, based on the close of Tuesday,( 1091.2), provides a target price of 1126.12.