Ten Higher Lows – MarketTells.com

Selling pressure has clearly been nonexistent over the last two weeks. Monday marked the tenth day in a row with a higher low (SPX). That’s only occurred eighteen other times since 1980. All but one led to a higher S&P500 two months later with an average gain of 4.5%…

SPX Ten Consecutive Sessions w/ a Higher Low
08/19/24… SPX ??? two months later
07/02/21… SPX +4.0% two months later
04/09/21… SPX +2.2% two months later
11/18/16… SPX +3.8% two months later
10/29/14… SPX +5.0% two months later
05/15/13… SPX +1.1% two months later
03/15/13… SPX +6.3% two months later
07/24/09… SPX +8.3% two months later
11/08/04… SPX +1.8% two months later
12/24/03… SPX +4.7% two months later
03/08/02… SPX -6.5% two months later
02/06/98… SPX +8.8% two months later
09/13/95… SPX +2.4% two months later
06/23/95… SPX +1.4% two months later
05/14/90… SPX +3.5% two months later
01/15/87… SPX +10.2% two months later
11/11/85… SPX +4.8% two months later
04/20/83… SPX +5.2% two months later
10/14/82… SPX +2.1% two months later

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