Employment Day and Market Stress Overbought/Oversold

Employment Day and Market Stress

When ES is Overbought going into Employment Day, the next 5 days tend to be bearish

(67% of the time, for an average of  -10.3 pts, with a  z score of  -1.85)

When US is Oversold going into Employment Day, the next 3 days tend to be bullish

(61% of the time, for an average of +1.0 pts, with a z score of +1.57)

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