It’s been a while since I updated the Turnaround Tuesday study, so I thought I would do so today.The stats tables below all show results of buying at the close when SPX is down for a certain number of days and the exiting the following day. The results are broken out by day of the week. Note that the day listed is the trigger day – not the performance day. So the Monday trigger tracks Tuesday’s performance. Tuesday’s trigger tracks Wednesday’s performance… and so on.
See the results, and whether Turnaround Tuesdays are legit or not, here.
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