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 Read more about Employment Day and Market Stress Overbought/Oversold[…]

75% Odds Employment Day is a Trend Day

Currently, there are 75% Odds Employment Day is a Trend Day (Up from 67% yesterday) 9/12 markets in the Financial Model are at extremes (gray lines > 2 in charts below) Market at extremes tend to move more than markets not at extremes (Market Stress) Big moves on Employment, ECB and FOMC days tend to continue over 3-5 Read more about 75% Odds Employment Day is a Trend Day[…]