VOL. I · NO. 119 · standardpoorly.comTHU · MAY 28 · 2026FORWARD HORIZON · 1 d / 1 wk / 1 mo / 3 mo
STANDARD Poorly
"All the correlations that are barely fit to print"
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StandardcryptoSP-0880

Bitcoin

Bitcoin spot price.

the verdict —
At the 21d horizon, this signal hits in the predicted direction 52% of fires. Mean SPY forward return when it lights: +0.26%. Status: OOS validated. n = 2914. Bullish on the underlying when fired.
What to watch when it fires
IBITMSTR

Current state

Latest value · 2026-05-26
76,616
vs ~6 weeks ago
1.1%
vs 60 days ago
7.4%
vs 7 days ago
0.4%
last 90 observations · 2026-02-24 2026-05-26

The series — full history

Daily readings, every reading we have. Pick a window with the time-period buttons; flip to candles via the global toggle in the masthead (or press C). Toggle the SPY overlay to see how this series and the S&P 500 have moved together.

Bitcoin
74,333 -42,136 (-36.18%) over 1Y
Hover for date + value · Toggle SPY to compare relative move · Switch to Candle for OHLC view
127K110K93,72776,97460,220Sep 25Nov 25Jan 26Mar 26May 26
2025-09-17 → 2026-05-28 · 252 bars

What it has historically predicted

Historically barely better than chance over the next trading month. We surface this for transparency, not because we'd trade on it.

52%
+0.03%
1 d
50%
+0.03%
1 wk
52%
+0.26%
1 mo
52%
+0.16%
3 mo
49%
+0.11%
6 mo
48%
−0.50%
1 yr

Beyond SPY — how this signal performs across markets

Same fire days, different forward returns. Each row asks: when this signal fires, what does that asset do? The big number is the average return; underneath is how often the asset moved the same direction as the signal (50% would be a coin flip).

target
1 d
1 wk
1 mo
3 mo
6 mo
1 yr
SPY
S&P 500 ETF
n=2,914
+0.03%
52% same direction
+0.03%
50% same direction
+0.26%
52% same direction
+0.16%
52% same direction
+0.11%
49% same direction
-0.50%
48% same direction
DXY
dollar index
n=2,800
-0.00%
49% same direction
+0.03%
52% same direction
+0.05%
51% same direction
-0.29%
47% same direction
-0.51%
44% same direction
+0.06%
52% same direction
Analyst · 6 moreWTI · Gold · BTC · Copper · MOVE · VNQ see the full 8-target matrix with bootstrap confidence intervals.Join waitlist →

Each fire in history — when the signal popped, what SPY did next

Each bar is one historical fire — the indicator's value moved 2.5+ standard deviations from its rolling 180 trading-day mean (~9 months), or for monotonic “days since” indicators, crossed an 80th/90th/95th/99th percentile. Bar height = SPY's forward return at the selected horizon, signed by signal direction. Green above zero means the market moved with the signal; red below zero means it moved against.

horizon:
329 fires · 72% positive · avg +1.59%
−19.4%−9.7%0%+9.7%+19.4%2015-01-05 · ↓ down-fire (z=-2.63) · SPY 21d: −1.16%2015-01-13 · ↓ down-fire (z=-3.41) · SPY 21d: −3.38%2015-01-14 · ↓ down-fire (z=-4.45) · SPY 21d: −4.44%2015-01-15 · ↓ down-fire (z=-3.36) · SPY 21d: −5.57%2015-01-16 · ↓ down-fire (z=-3.24) · SPY 21d: −4.22%2015-01-20 · ↓ down-fire (z=-2.69) · SPY 21d: −3.92%2015-10-28 · ↑ up-fire (z=2.60) · SPY 21d: +0.29%2015-10-29 · ↑ up-fire (z=2.97) · SPY 21d: −0.07%2015-10-30 · ↑ up-fire (z=3.52) · SPY 21d: +1.32%2015-11-02 · ↑ up-fire (z=4.58) · SPY 21d: −0.88%2015-11-03 · ↑ up-fire (z=5.99) · SPY 21d: −2.56%2015-11-04 · ↑ up-fire (z=5.74) · SPY 21d: −0.35%2015-11-05 · ↑ up-fire (z=4.41) · SPY 21d: −0.86%2015-11-06 · ↑ up-fire (z=3.79) · SPY 21d: −1.47%2015-11-09 · ↑ up-fire (z=3.49) · SPY 21d: −1.32%2015-11-30 · ↑ up-fire (z=2.54) · SPY 21d: −1.32%2015-12-07 · ↑ up-fire (z=2.62) · SPY 21d: −6.86%2015-12-08 · ↑ up-fire (z=2.99) · SPY 21d: −7.26%2015-12-09 · ↑ up-fire (z=2.94) · SPY 21d: −6.44%2015-12-10 · ↑ up-fire (z=2.82) · SPY 21d: −5.93%2015-12-11 · ↑ up-fire (z=3.48) · SPY 21d: −6.46%2015-12-14 · ↑ up-fire (z=3.02) · SPY 21d: −5.41%2015-12-15 · ↑ up-fire (z=3.31) · SPY 21d: −8.40%2015-12-16 · ↑ up-fire (z=3.02) · SPY 21d: −9.60%2015-12-17 · ↑ up-fire (z=2.95) · SPY 21d: −9.38%2015-12-18 · ↑ up-fire (z=2.99) · SPY 21d: −6.66%2016-05-31 · ↑ up-fire (z=3.66) · SPY 21d: −1.52%2016-06-01 · ↑ up-fire (z=3.74) · SPY 21d: −0.38%2016-06-02 · ↑ up-fire (z=3.65) · SPY 21d: −0.47%2016-06-03 · ↑ up-fire (z=4.51) · SPY 21d: −0.89%2016-06-06 · ↑ up-fire (z=4.28) · SPY 21d: −0.80%2016-06-07 · ↑ up-fire (z=3.82) · SPY 21d: −1.02%2016-06-08 · ↑ up-fire (z=3.78) · SPY 21d: +0.13%2016-06-09 · ↑ up-fire (z=3.45) · SPY 21d: +0.62%2016-06-10 · ↑ up-fire (z=3.39) · SPY 21d: +2.32%2016-06-13 · ↑ up-fire (z=5.50) · SPY 21d: +3.10%2016-06-14 · ↑ up-fire (z=4.71) · SPY 21d: +3.88%2016-06-15 · ↑ up-fire (z=4.58) · SPY 21d: +3.89%2016-06-16 · ↑ up-fire (z=5.54) · SPY 21d: +3.86%2016-06-17 · ↑ up-fire (z=4.82) · SPY 21d: +4.68%2016-06-20 · ↑ up-fire (z=3.85) · SPY 21d: +4.45%2016-06-21 · ↑ up-fire (z=2.77) · SPY 21d: +3.76%2016-06-24 · ↑ up-fire (z=2.60) · SPY 21d: +6.65%2016-12-21 · ↑ up-fire (z=2.71) · SPY 21d: +0.81%2016-12-22 · ↑ up-fire (z=3.10) · SPY 21d: +1.86%2016-12-23 · ↑ up-fire (z=3.85) · SPY 21d: +1.60%2016-12-27 · ↑ up-fire (z=3.46) · SPY 21d: +1.19%2016-12-28 · ↑ up-fire (z=3.87) · SPY 21d: +1.40%2016-12-29 · ↑ up-fire (z=3.67) · SPY 21d: +1.42%2016-12-30 · ↑ up-fire (z=3.38) · SPY 21d: +1.83%2017-01-03 · ↑ up-fire (z=3.74) · SPY 21d: +1.12%2017-01-04 · ↑ up-fire (z=4.68) · SPY 21d: +1.22%2017-01-05 · ↑ up-fire (z=3.08) · SPY 21d: +1.12%2017-02-23 · ↑ up-fire (z=2.54) · SPY 21d: −1.09%2017-02-24 · ↑ up-fire (z=2.53) · SPY 21d: −1.32%2017-03-01 · ↑ up-fire (z=2.59) · SPY 21d: −1.46%2017-03-02 · ↑ up-fire (z=2.71) · SPY 21d: −1.06%2017-03-03 · ↑ up-fire (z=2.79) · SPY 21d: −1.30%2017-03-06 · ↑ up-fire (z=2.58) · SPY 21d: −0.94%2017-05-02 · ↑ up-fire (z=2.53) · SPY 21d: +1.92%2017-05-03 · ↑ up-fire (z=2.68) · SPY 21d: +2.39%2017-05-04 · ↑ up-fire (z=2.87) · SPY 21d: +2.19%2017-05-05 · ↑ up-fire (z=2.89) · SPY 21d: +1.46%2017-05-08 · ↑ up-fire (z=3.50) · SPY 21d: +1.67%2017-05-09 · ↑ up-fire (z=3.53) · SPY 21d: +1.81%2017-05-10 · ↑ up-fire (z=3.55) · SPY 21d: +1.48%2017-05-11 · ↑ up-fire (z=3.70) · SPY 21d: +1.66%2017-05-12 · ↑ up-fire (z=3.02) · SPY 21d: +2.33%2017-05-15 · ↑ up-fire (z=2.81) · SPY 21d: +1.64%2017-05-16 · ↑ up-fire (z=2.73) · SPY 21d: +1.54%2017-05-17 · ↑ up-fire (z=3.08) · SPY 21d: +2.89%2017-05-18 · ↑ up-fire (z=3.18) · SPY 21d: +3.33%2017-05-19 · ↑ up-fire (z=3.46) · SPY 21d: +1.97%2017-05-22 · ↑ up-fire (z=3.74) · SPY 21d: +1.43%2017-05-23 · ↑ up-fire (z=4.09) · SPY 21d: +1.16%2017-05-24 · ↑ up-fire (z=4.29) · SPY 21d: +1.05%2017-05-25 · ↑ up-fire (z=3.65) · SPY 21d: +0.63%2017-05-26 · ↑ up-fire (z=3.20) · SPY 21d: −0.16%2017-05-30 · ↑ up-fire (z=2.79) · SPY 21d: +0.82%2017-05-31 · ↑ up-fire (z=3.02) · SPY 21d: −0.04%2017-06-01 · ↑ up-fire (z=3.26) · SPY 21d: −0.64%2017-06-02 · ↑ up-fire (z=3.36) · SPY 21d: −0.80%2017-06-05 · ↑ up-fire (z=3.51) · SPY 21d: −0.50%2017-06-06 · ↑ up-fire (z=3.79) · SPY 21d: −1.09%2017-06-07 · ↑ up-fire (z=3.34) · SPY 21d: −0.64%2017-06-08 · ↑ up-fire (z=3.39) · SPY 21d: −0.58%2017-06-09 · ↑ up-fire (z=3.31) · SPY 21d: −0.50%2017-06-12 · ↑ up-fire (z=2.66) · SPY 21d: +0.27%2017-06-13 · ↑ up-fire (z=2.70) · SPY 21d: −0.05%2017-08-14 · ↑ up-fire (z=3.18) · SPY 21d: +1.47%2017-08-15 · ↑ up-fire (z=2.90) · SPY 21d: +1.45%2017-08-16 · ↑ up-fire (z=3.07) · SPY 21d: +0.91%2017-08-17 · ↑ up-fire (z=2.93) · SPY 21d: +2.73%2017-08-18 · ↑ up-fire (z=2.64) · SPY 21d: +2.99%2017-08-24 · ↑ up-fire (z=2.52) · SPY 21d: +2.02%2017-08-25 · ↑ up-fire (z=2.51) · SPY 21d: +1.85%2017-08-29 · ↑ up-fire (z=2.52) · SPY 21d: +2.25%2017-08-31 · ↑ up-fire (z=2.54) · SPY 21d: +1.95%2017-09-01 · ↑ up-fire (z=2.67) · SPY 21d: +2.03%2017-10-13 · ↑ up-fire (z=2.53) · SPY 21d: +1.33%2017-10-20 · ↑ up-fire (z=2.55) · SPY 21d: +0.46%2017-10-31 · ↑ up-fire (z=2.52) · SPY 21d: +3.06%2017-11-01 · ↑ up-fire (z=2.71) · SPY 21d: +2.71%2017-11-02 · ↑ up-fire (z=2.90) · SPY 21d: +2.54%2017-11-03 · ↑ up-fire (z=2.93) · SPY 21d: +1.83%2017-11-06 · ↑ up-fire (z=2.57) · SPY 21d: +1.70%2017-11-07 · ↑ up-fire (z=2.60) · SPY 21d: +2.09%2017-11-08 · ↑ up-fire (z=2.78) · SPY 21d: +2.47%2017-11-16 · ↑ up-fire (z=2.75) · SPY 21d: +3.70%2017-11-17 · ↑ up-fire (z=2.57) · SPY 21d: +3.61%2017-11-20 · ↑ up-fire (z=2.72) · SPY 21d: +3.38%2017-11-21 · ↑ up-fire (z=2.57) · SPY 21d: +2.92%2017-11-22 · ↑ up-fire (z=2.62) · SPY 21d: +2.98%2017-11-24 · ↑ up-fire (z=2.51) · SPY 21d: +2.62%2017-11-27 · ↑ up-fire (z=3.23) · SPY 21d: +2.73%2017-11-28 · ↑ up-fire (z=3.26) · SPY 21d: +1.90%2017-11-29 · ↑ up-fire (z=3.06) · SPY 21d: +1.58%2017-11-30 · ↑ up-fire (z=3.16) · SPY 21d: +1.42%2017-12-01 · ↑ up-fire (z=3.45) · SPY 21d: +2.27%2017-12-04 · ↑ up-fire (z=3.42) · SPY 21d: +2.83%2017-12-05 · ↑ up-fire (z=3.42) · SPY 21d: +3.89%2017-12-06 · ↑ up-fire (z=4.37) · SPY 21d: +4.06%2017-12-07 · ↑ up-fire (z=5.70) · SPY 21d: +3.96%2017-12-08 · ↑ up-fire (z=4.69) · SPY 21d: +3.24%2017-12-11 · ↑ up-fire (z=4.16) · SPY 21d: +3.68%2017-12-12 · ↑ up-fire (z=4.12) · SPY 21d: +4.18%2017-12-13 · ↑ up-fire (z=3.60) · SPY 21d: +3.83%2017-12-14 · ↑ up-fire (z=3.51) · SPY 21d: +5.25%2017-12-15 · ↑ up-fire (z=3.72) · SPY 21d: +4.74%2017-12-18 · ↑ up-fire (z=3.62) · SPY 21d: +4.55%2017-12-19 · ↑ up-fire (z=3.13) · SPY 21d: +5.81%2017-12-20 · ↑ up-fire (z=2.74) · SPY 21d: +6.09%2018-11-19 · ↓ down-fire (z=-3.38) · SPY 21d: +8.15%2018-11-20 · ↓ down-fire (z=-4.02) · SPY 21d: +8.87%2018-11-21 · ↓ down-fire (z=-3.59) · SPY 21d: +11.58%2018-11-23 · ↓ down-fire (z=-3.72) · SPY 21d: +6.48%2018-11-26 · ↓ down-fire (z=-4.04) · SPY 21d: +7.26%2018-11-27 · ↓ down-fire (z=-3.80) · SPY 21d: +7.69%2018-11-28 · ↓ down-fire (z=-3.07) · SPY 21d: +8.98%2018-11-29 · ↓ down-fire (z=-2.95) · SPY 21d: +8.69%2018-11-30 · ↓ down-fire (z=-3.21) · SPY 21d: +11.41%2018-12-03 · ↓ down-fire (z=-3.11) · SPY 21d: +9.63%2018-12-04 · ↓ down-fire (z=-2.95) · SPY 21d: +5.87%2018-12-06 · ↓ down-fire (z=-3.28) · SPY 21d: +4.84%2018-12-07 · ↓ down-fire (z=-3.29) · SPY 21d: +2.13%2018-12-10 · ↓ down-fire (z=-2.91) · SPY 21d: +1.97%2018-12-11 · ↓ down-fire (z=-2.91) · SPY 21d: +1.95%2018-12-12 · ↓ down-fire (z=-2.76) · SPY 21d: +3.04%2018-12-13 · ↓ down-fire (z=-2.86) · SPY 21d: +1.89%2018-12-14 · ↓ down-fire (z=-2.84) · SPY 21d: −0.20%2019-05-10 · ↑ up-fire (z=2.77) · SPY 21d: +0.28%2019-05-13 · ↑ up-fire (z=4.48) · SPY 21d: +2.68%2019-05-14 · ↑ up-fire (z=4.49) · SPY 21d: +2.18%2019-05-15 · ↑ up-fire (z=4.51) · SPY 21d: +1.47%2019-05-16 · ↑ up-fire (z=3.93) · SPY 21d: +0.58%2019-05-17 · ↑ up-fire (z=3.21) · SPY 21d: +2.30%2019-05-20 · ↑ up-fire (z=3.51) · SPY 21d: +3.21%2019-05-21 · ↑ up-fire (z=3.36) · SPY 21d: +3.26%2019-05-22 · ↑ up-fire (z=2.99) · SPY 21d: +2.93%2019-05-23 · ↑ up-fire (z=3.08) · SPY 21d: +4.08%2019-05-24 · ↑ up-fire (z=3.08) · SPY 21d: +2.82%2019-05-28 · ↑ up-fire (z=3.24) · SPY 21d: +3.68%2019-05-29 · ↑ up-fire (z=3.08) · SPY 21d: +4.75%2019-05-30 · ↑ up-fire (z=2.74) · SPY 21d: +5.01%2019-05-31 · ↑ up-fire (z=2.85) · SPY 21d: +7.41%2019-06-17 · ↑ up-fire (z=2.51) · SPY 21d: +2.89%2019-06-21 · ↑ up-fire (z=2.75) · SPY 21d: +2.05%2019-06-24 · ↑ up-fire (z=2.97) · SPY 21d: +2.66%2019-06-25 · ↑ up-fire (z=3.28) · SPY 21d: +3.18%2019-06-26 · ↑ up-fire (z=3.77) · SPY 21d: +3.97%2019-06-27 · ↑ up-fire (z=2.74) · SPY 21d: +3.42%2019-06-28 · ↑ up-fire (z=3.24) · SPY 21d: +2.63%2019-07-03 · ↑ up-fire (z=2.70) · SPY 21d: −2.07%2019-07-08 · ↑ up-fire (z=2.57) · SPY 21d: −3.04%2019-07-09 · ↑ up-fire (z=2.62) · SPY 21d: −3.10%2020-03-12 · ↓ down-fire (z=-3.72) · SPY 21d: −11.10%2020-03-13 · ↓ down-fire (z=-2.99) · SPY 21d: −5.37%2020-03-16 · ↓ down-fire (z=-3.30) · SPY 21d: −15.81%2020-03-17 · ↓ down-fire (z=-3.00) · SPY 21d: −10.40%2020-03-18 · ↓ down-fire (z=-2.92) · SPY 21d: −19.43%2020-10-22 · ↑ up-fire (z=2.56) · SPY 21d: +3.11%2020-10-26 · ↑ up-fire (z=2.53) · SPY 21d: +7.02%2020-10-27 · ↑ up-fire (z=3.00) · SPY 21d: +7.23%2020-10-28 · ↑ up-fire (z=2.58) · SPY 21d: +11.33%2020-10-29 · ↑ up-fire (z=2.67) · SPY 21d: +9.72%2020-10-30 · ↑ up-fire (z=2.70) · SPY 21d: +12.09%2020-11-02 · ↑ up-fire (z=2.51) · SPY 21d: +11.08%2020-11-03 · ↑ up-fire (z=2.78) · SPY 21d: +9.12%2020-11-04 · ↑ up-fire (z=2.85) · SPY 21d: +7.66%2020-11-05 · ↑ up-fire (z=3.89) · SPY 21d: +5.38%2020-11-06 · ↑ up-fire (z=3.71) · SPY 21d: +5.71%2020-11-09 · ↑ up-fire (z=3.20) · SPY 21d: +3.47%2020-11-10 · ↑ up-fire (z=3.07) · SPY 21d: +3.58%2020-11-11 · ↑ up-fire (z=3.24) · SPY 21d: +2.70%2020-11-12 · ↑ up-fire (z=3.51) · SPY 21d: +3.24%2020-11-13 · ↑ up-fire (z=3.40) · SPY 21d: +3.21%2020-11-16 · ↑ up-fire (z=3.32) · SPY 21d: +2.10%2020-11-17 · ↑ up-fire (z=3.72) · SPY 21d: +3.22%2020-11-18 · ↑ up-fire (z=3.66) · SPY 21d: +3.62%2020-11-19 · ↑ up-fire (z=3.52) · SPY 21d: +2.82%2020-11-20 · ↑ up-fire (z=3.80) · SPY 21d: +3.35%2020-11-23 · ↑ up-fire (z=3.26) · SPY 21d: +2.83%2020-11-24 · ↑ up-fire (z=3.49) · SPY 21d: +1.59%2020-11-25 · ↑ up-fire (z=3.20) · SPY 21d: +2.62%2020-11-30 · ↑ up-fire (z=3.19) · SPY 21d: +2.74%2020-12-01 · ↑ up-fire (z=2.77) · SPY 21d: +2.15%2020-12-02 · ↑ up-fire (z=2.85) · SPY 21d: +0.55%2020-12-03 · ↑ up-fire (z=2.86) · SPY 21d: +1.26%2020-12-04 · ↑ up-fire (z=2.51) · SPY 21d: +1.00%2020-12-07 · ↑ up-fire (z=2.51) · SPY 21d: +2.71%2020-12-16 · ↑ up-fire (z=2.80) · SPY 21d: +2.29%2020-12-17 · ↑ up-fire (z=3.19) · SPY 21d: +3.13%2020-12-18 · ↑ up-fire (z=3.19) · SPY 21d: +4.08%2020-12-21 · ↑ up-fire (z=2.80) · SPY 21d: +4.08%2020-12-22 · ↑ up-fire (z=2.99) · SPY 21d: +4.67%2020-12-23 · ↑ up-fire (z=2.76) · SPY 21d: +4.41%2020-12-24 · ↑ up-fire (z=2.82) · SPY 21d: +1.47%2020-12-28 · ↑ up-fire (z=3.30) · SPY 21d: +1.47%2020-12-29 · ↑ up-fire (z=3.25) · SPY 21d: −0.37%2020-12-30 · ↑ up-fire (z=3.49) · SPY 21d: +1.14%2020-12-31 · ↑ up-fire (z=3.39) · SPY 21d: +2.05%2021-01-04 · ↑ up-fire (z=3.47) · SPY 21d: +3.54%2021-01-05 · ↑ up-fire (z=3.73) · SPY 21d: +4.00%2021-01-06 · ↑ up-fire (z=4.10) · SPY 21d: +3.79%2021-01-07 · ↑ up-fire (z=4.35) · SPY 21d: +3.01%2021-01-08 · ↑ up-fire (z=4.36) · SPY 21d: +2.36%2021-01-11 · ↑ up-fire (z=3.01) · SPY 21d: +3.01%2021-01-12 · ↑ up-fire (z=2.68) · SPY 21d: +3.15%2021-01-13 · ↑ up-fire (z=3.10) · SPY 21d: +3.38%2021-01-14 · ↑ up-fire (z=3.27) · SPY 21d: +3.66%2021-01-15 · ↑ up-fire (z=2.84) · SPY 21d: +4.44%2021-02-08 · ↑ up-fire (z=2.87) · SPY 21d: −0.24%2021-02-09 · ↑ up-fire (z=2.82) · SPY 21d: +0.84%2021-02-10 · ↑ up-fire (z=2.59) · SPY 21d: +1.02%2021-02-11 · ↑ up-fire (z=2.83) · SPY 21d: +1.46%2021-02-12 · ↑ up-fire (z=2.71) · SPY 21d: +0.83%2021-02-16 · ↑ up-fire (z=2.61) · SPY 21d: +1.26%2021-02-17 · ↑ up-fire (z=2.82) · SPY 21d: −0.23%2021-02-18 · ↑ up-fire (z=2.70) · SPY 21d: −0.32%2021-02-19 · ↑ up-fire (z=3.00) · SPY 21d: +0.66%2021-02-22 · ↑ up-fire (z=2.61) · SPY 21d: +0.64%2021-10-19 · ↑ up-fire (z=2.52) · SPY 21d: +3.88%2021-10-20 · ↑ up-fire (z=2.68) · SPY 21d: +3.83%2022-06-13 · ↓ down-fire (z=-2.90) · SPY 21d: −0.78%2022-06-14 · ↓ down-fire (z=-2.88) · SPY 21d: −3.01%2022-06-15 · ↓ down-fire (z=-2.75) · SPY 21d: −0.73%2022-06-16 · ↓ down-fire (z=-3.03) · SPY 21d: −6.99%2022-06-17 · ↓ down-fire (z=-2.93) · SPY 21d: −7.90%2022-06-21 · ↓ down-fire (z=-2.62) · SPY 21d: −6.32%2022-06-22 · ↓ down-fire (z=-2.67) · SPY 21d: −5.53%2023-03-17 · ↑ up-fire (z=2.89) · SPY 21d: +6.21%2023-03-20 · ↑ up-fire (z=2.78) · SPY 21d: +5.18%2023-03-21 · ↑ up-fire (z=2.85) · SPY 21d: +3.25%2023-03-23 · ↑ up-fire (z=2.76) · SPY 21d: +4.95%2023-10-23 · ↑ up-fire (z=3.15) · SPY 21d: +7.80%2023-10-24 · ↑ up-fire (z=3.54) · SPY 21d: +7.41%2023-10-25 · ↑ up-fire (z=3.76) · SPY 21d: +9.04%2023-10-26 · ↑ up-fire (z=3.42) · SPY 21d: +10.16%2023-10-27 · ↑ up-fire (z=3.17) · SPY 21d: +10.78%2023-10-30 · ↑ up-fire (z=3.17) · SPY 21d: +9.39%2023-10-31 · ↑ up-fire (z=3.15) · SPY 21d: +9.13%2023-11-01 · ↑ up-fire (z=3.42) · SPY 21d: +8.62%2023-11-02 · ↑ up-fire (z=3.07) · SPY 21d: +6.02%2023-11-03 · ↑ up-fire (z=2.89) · SPY 21d: +5.04%2023-11-06 · ↑ up-fire (z=2.77) · SPY 21d: +4.38%2023-11-07 · ↑ up-fire (z=2.87) · SPY 21d: +4.88%2023-11-08 · ↑ up-fire (z=2.87) · SPY 21d: +5.25%2023-11-09 · ↑ up-fire (z=3.20) · SPY 21d: +6.49%2023-11-10 · ↑ up-fire (z=3.33) · SPY 21d: +5.33%2023-11-13 · ↑ up-fire (z=2.73) · SPY 21d: +6.89%2023-11-15 · ↑ up-fire (z=3.08) · SPY 21d: +4.37%2023-11-17 · ↑ up-fire (z=2.51) · SPY 21d: +5.33%2023-11-20 · ↑ up-fire (z=2.61) · SPY 21d: +3.08%2023-12-04 · ↑ up-fire (z=3.08) · SPY 21d: +2.32%2023-12-05 · ↑ up-fire (z=3.52) · SPY 21d: +2.48%2023-12-06 · ↑ up-fire (z=3.31) · SPY 21d: +4.36%2023-12-07 · ↑ up-fire (z=3.09) · SPY 21d: +3.42%2023-12-08 · ↑ up-fire (z=3.20) · SPY 21d: +3.55%2023-12-13 · ↑ up-fire (z=2.56) · SPY 21d: +0.94%2023-12-14 · ↑ up-fire (z=2.53) · SPY 21d: +0.06%2024-02-28 · ↑ up-fire (z=3.05) · SPY 21d: +3.32%2024-02-29 · ↑ up-fire (z=2.81) · SPY 21d: +2.77%2024-03-01 · ↑ up-fire (z=2.89) · SPY 21d: +1.17%2024-03-04 · ↑ up-fire (z=3.36) · SPY 21d: +1.39%2024-03-05 · ↑ up-fire (z=2.75) · SPY 21d: +1.16%2024-03-06 · ↑ up-fire (z=2.93) · SPY 21d: +1.70%2024-03-07 · ↑ up-fire (z=2.95) · SPY 21d: +0.76%2024-03-08 · ↑ up-fire (z=3.02) · SPY 21d: +1.49%2024-03-11 · ↑ up-fire (z=3.17) · SPY 21d: +0.56%2024-03-12 · ↑ up-fire (z=3.01) · SPY 21d: +0.24%2024-03-13 · ↑ up-fire (z=3.08) · SPY 21d: −0.99%2024-03-14 · ↑ up-fire (z=2.84) · SPY 21d: −2.04%2024-03-15 · ↑ up-fire (z=2.58) · SPY 21d: −1.24%2024-11-06 · ↑ up-fire (z=2.77) · SPY 21d: +2.84%2024-11-07 · ↑ up-fire (z=2.76) · SPY 21d: +1.52%2024-11-08 · ↑ up-fire (z=2.83) · SPY 21d: +0.77%2024-11-11 · ↑ up-fire (z=5.05) · SPY 21d: +1.45%2024-11-12 · ↑ up-fire (z=4.56) · SPY 21d: +1.24%2024-11-13 · ↑ up-fire (z=4.77) · SPY 21d: +1.18%2024-11-14 · ↑ up-fire (z=3.91) · SPY 21d: +2.27%2024-11-15 · ↑ up-fire (z=4.36) · SPY 21d: +3.16%2024-11-18 · ↑ up-fire (z=3.71) · SPY 21d: −0.32%2024-11-19 · ↑ up-fire (z=3.82) · SPY 21d: −0.71%2024-11-20 · ↑ up-fire (z=3.92) · SPY 21d: +0.11%2024-11-21 · ↑ up-fire (z=4.28) · SPY 21d: +0.17%2024-11-22 · ↑ up-fire (z=4.12) · SPY 21d: +0.97%2024-11-25 · ↑ up-fire (z=2.97) · SPY 21d: +0.64%2024-11-26 · ↑ up-fire (z=2.76) · SPY 21d: −0.94%2024-11-27 · ↑ up-fire (z=3.11) · SPY 21d: −1.77%2024-11-29 · ↑ up-fire (z=3.07) · SPY 21d: −2.73%2024-12-02 · ↑ up-fire (z=2.68) · SPY 21d: −3.15%2024-12-03 · ↑ up-fire (z=2.62) · SPY 21d: −1.98%2024-12-04 · ↑ up-fire (z=2.81) · SPY 21d: −2.02%2024-12-05 · ↑ up-fire (z=2.55) · SPY 21d: −2.97%2024-12-06 · ↑ up-fire (z=2.77) · SPY 21d: −3.01%2024-12-11 · ↑ up-fire (z=2.57) · SPY 21d: −4.16%2024-12-16 · ↑ up-fire (z=2.64) · SPY 21d: −1.52%2024-12-17 · ↑ up-fire (z=2.58) · SPY 21d: −0.21%2025-11-14 · ↓ down-fire (z=-3.13) · SPY 21d: −1.03%2025-11-17 · ↓ down-fire (z=-3.29) · SPY 21d: −0.86%2025-11-18 · ↓ down-fire (z=-3.04) · SPY 21d: −2.48%2025-11-19 · ↓ down-fire (z=-3.18) · SPY 21d: −2.71%2025-11-20 · ↓ down-fire (z=-3.84) · SPY 21d: −4.95%2025-11-21 · ↓ down-fire (z=-3.91) · SPY 21d: −4.39%2025-11-24 · ↓ down-fire (z=-3.03) · SPY 21d: −3.24%2025-11-25 · ↓ down-fire (z=-3.06) · SPY 21d: −2.27%2025-11-26 · ↓ down-fire (z=-2.57) · SPY 21d: −1.20%2025-12-01 · ↓ down-fire (z=-2.83) · SPY 21d: −0.24%2026-02-05 · ↓ down-fire (z=-3.07) · SPY 21d: −0.10%2015-01-052019-05-312026-02-05
Each bar = one fire day (|z|≥2.5 from 180-day rolling baseline). Bar height = SPY return over the the next trading month, signed by signal direction. Dashed line = average across fires.
shaded cell = each row's strongest horizon (green = bullish forward return, red = bearish)“same direction” means the asset moved the same way the signal moved — opposite of a coin flip.