ES 9-14-22

StockTrader'sAlmanac
@AlmanacTrader
S&P 500 has declined 4% or more in a single day 53 times before today since 1950. Next trading day S&P was higher 35 times and lower 18. Average gain of 1.08% on all days. Based upon historical performance, the odds of a gain tomorrow are 66.04%. https://jeffhirsch.tumblr.com/post/695316932730159104/bad-cpi-ugly-trading-but-history-of-4-daily

There is an off chance that we could see 4035 since the 5 day avg range is 108 points (scewed by yesterdays mini crash ) and the daily low is currently 4026, so use caution today...