SPDR S&P 500 ETF TRUST
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SPY - L3 Bullish Daily Exhaustion Signal

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SPY first level 3 bullish exhaustion signal on the daily since Jan 2016, when in marked the exact bottom. The other 3 times it happened in the past 30 years were during the 2000-2003 dot com bust.

Within 10 candles after the signal:
  • 75% win rate
  • +3.5% average move
  • 4 data points over 30 years

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