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Strategies & Market Trends : General market lab and commentary

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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From: Robohogs	6/16/2016 12:28:46 PM
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I just took the data from an XBI working file I have in Google Sheets and pasted it for analysis into Excel. Data only goes back to 2015 (Jan 2) and includes only current components of XBI (+ BXLT) not the bigger group for 2015. Results are during mainly bear market periods for longer measuring periods and most results are negative. Using a moving average of average number of gainers in the index, ONLY an average of 60-69 gainers (over 10 days) results in positive returns at 8 and 13 weeks. That is the highest average range btw. So bios need higher prices to go higher.

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