|Category||Prediction Rate||% Correct||Notes|
|Direction||23/30||76%||25/30 disregarding minor closing range|
(losses were 0.30%, 0.65%, 0.20%, 0.22%, -0.85% gains could have been made on 2 of those days)
Some relief for bears tomorrow? Maybe. The vix did confirm the uptrend today, so now a short position is counter-trend.
The 30 sample size is complete now, which is the statistical standard for a complete sample. The method clearly works. Not much else to say about that. Now if only I used it the past two days. Still, I feel the market is marching towards a major top, and in fact, I increased my short exposure today. The market is going to make new highs, no question, but upside looks somewhat limited.