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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: Robohogs6/20/2016 12:12:16 PM
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Travelling with kids so just had chance to run the FBT and IBB down streaks. FBT will end at 7. Historically, 7 led to 8 60% of the time. I am showing repeats in this chart. 2008, 2013 and 2015 kept crashing. We are now down north of 10% from recent high but we are rolling dates off on a 10 day basis so only 6% from 10 day high.

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