Quote Originally Posted by PeterR View Post
TY Pascal,

the timing of the NIRP announcement is a strong argument.

So we have this "RTH- buying" now
and the "ETH-buying" of the past years is gone for now.

I agree the Japanese NIRP seems to be strong driver, I will have to monitor it more closely.
Indeed, but before starting the monitoring, it would be good to evaluate past occurrences when the RTH -Buying weakened.

You can see that the RTH-Buying comes by waves. Each waves is initiated by a strong push (Blue trend lines,) whihc is followed by some sort of support line (Red trend lines). It would be interesting to tray to evaluate the S&P500 gains 3 days, 5 days, 10 days and 20 days after that red trend line is broken. If you get a negative return, then I believe that monitoring when the latest Red trend line will be broken makes sense.



Pascal

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