Market Measures - September 8, 2020 - Intraday Reversals

published 2 weeks ago by tastytrade, Inc.

The chance of a complete reversal in the market after a 2% or greater daily move in either direction is just 1% (over 20 years). **The chance of a reversal after a selloff is twice as likely as a reversal after a rally of the same size.** Since ...

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