Tag Archives: price patterns

Quantitative Analysis of the 4-Day Pattern in SPY

The 4-day pattern formed in SPY as of the close of yesterday involves three down days and an outside day. This particular price pattern has win rate close to 70% and all of its occurrences since 2006 signaled a 2% rise. However, … Continue reading

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Quant Analysis of the Double Inside Day Breakout in S&P 500

After forming a double inside day, prices yesterday closed above the high of the first day of this pattern. This new pattern has a small positive bias when tested on all S&P 500 stocks but occurrences are not very frequent. Share

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A Not So Bullish Pattern in SPY

Yesterday SPY closed higher than 4 days ago forming a V-shaped pattern of closes, two lower closes followed by two higher ones. This pattern is immediately evident to anyone who looks at a chart of daily SPY prices. In this … Continue reading

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SPY Pattern Indicates High Probability for a Continuation of the Rally

As the title indicates, in this blog we are dealing with probabilities and not with any indubitable rules.  In the markets, there are no such rules, at least not any that I know of, and only those who can properly calculate probabilities within … Continue reading

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Price Action Lab Alert – QQQ Short Pattern Profit Target Hit

The target of the QQQ pattern in yesterday’s alert was hit today. Share

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