VOL. I · NO. 119 · standardpoorly.comTHU · MAY 28 · 2026FORWARD HORIZON · 1 d / 1 wk / 1 mo / 3 mo
STANDARD Poorly
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StandardtechnicalSP-5235

Copper 50/200 MA cross

Binary copper-trend regime.

the verdict —
At the 63d horizon, this signal hits in the predicted direction 57% of fires. Mean SPY forward return when it lights: +0.50%. Status: OOS validated. n = 6386. Bullish on the underlying when fired.
What to watch when it fires
FCX

Current state

Latest value · 2026-05-25
1.00
vs ~6 weeks ago
0.0%
vs 60 days ago
0.0%
vs 7 days ago
0.0%
Binary calendar indicator — value is 1 on event days, 0 every other day. A time-series sparkline isn't meaningful here (it's mostly zeros). The hit-rate / magnitude stats below are computed against the event days themselves; see the COMING UP strip on the home page for upcoming instances.

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.

Copper 50/200 MA cross
1.00 +0.0000 (+0.00%) over 1Y
Hover for date + value · Toggle SPY to compare relative move
1.040.77000.50000.2300-0.0400May 25Aug 25Nov 25Feb 26May 26
2025-05-30 → 2026-05-25 · 252 bars

What it has historically predicted

On days when this signal fires (deviates 2+ standard deviations from its 30-day average, in either direction), SPY has historically averaged +0.50% over the next trading quarter, moving in the same direction as the signal 57% of the time.

52%
+0.01%
1 d
52%
+0.05%
1 wk
55%
+0.21%
1 mo
57%
+0.50%
3 mo
56%
+0.41%
6 mo
56%
+0.43%
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=6,386
+0.01%
52% same direction
+0.05%
52% same direction
+0.21%
55% same direction
+0.50%
57% same direction
+0.41%
56% same direction
+0.43%
56% same direction
WTI
crude oil
n=6,208
+0.12%
53% same direction
+0.31%
53% same direction
+0.97%
55% same direction
+2.1%
58% same direction
+4.5%
61% same direction
+7.1%
64% same direction
Analyst · 6 moreGold · BTC · Copper · DXY · 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:
268 fires · 52% positive · avg +0.89%
⚠ This indicator hasn't fired since 2024-12-09 (535 calendar days ago). Currently quiet — chart shows historical fires only.
−19.8%−9.9%0%+9.9%+19.8%2002-02-07 · ↑ up-fire (z=13.34) · SPY 63d: −0.25%2002-02-08 · ↑ up-fire (z=9.41) · SPY 63d: −3.97%2002-02-11 · ↑ up-fire (z=7.66) · SPY 63d: −3.20%2002-02-12 · ↑ up-fire (z=6.61) · SPY 63d: −0.78%2002-02-13 · ↑ up-fire (z=5.90) · SPY 63d: −2.21%2002-02-14 · ↑ up-fire (z=5.37) · SPY 63d: −1.52%2002-02-15 · ↑ up-fire (z=4.96) · SPY 63d: +0.01%2002-02-19 · ↑ up-fire (z=4.62) · SPY 63d: +0.86%2002-02-20 · ↑ up-fire (z=4.35) · SPY 63d: −1.71%2002-02-21 · ↑ up-fire (z=4.11) · SPY 63d: +0.59%2002-02-22 · ↑ up-fire (z=3.91) · SPY 63d: +0.42%2002-02-25 · ↑ up-fire (z=3.73) · SPY 63d: −2.48%2002-02-26 · ↑ up-fire (z=3.57) · SPY 63d: −2.80%2002-02-27 · ↑ up-fire (z=3.43) · SPY 63d: −3.90%2002-02-28 · ↑ up-fire (z=3.31) · SPY 63d: −3.73%2002-03-01 · ↑ up-fire (z=3.19) · SPY 63d: −5.73%2002-03-04 · ↑ up-fire (z=3.09) · SPY 63d: −9.83%2002-03-05 · ↑ up-fire (z=2.99) · SPY 63d: −9.32%2002-03-06 · ↑ up-fire (z=2.90) · SPY 63d: −9.54%2002-03-07 · ↑ up-fire (z=2.82) · SPY 63d: −11.19%2002-03-08 · ↑ up-fire (z=2.74) · SPY 63d: −11.67%2002-03-11 · ↑ up-fire (z=2.67) · SPY 63d: −11.52%2002-03-12 · ↑ up-fire (z=2.61) · SPY 63d: −12.98%2002-03-13 · ↑ up-fire (z=2.54) · SPY 63d: −11.60%2006-12-12 · ↓ down-fire (z=-13.34) · SPY 63d: +2.25%2006-12-13 · ↓ down-fire (z=-9.41) · SPY 63d: +1.18%2006-12-14 · ↓ down-fire (z=-7.66) · SPY 63d: +1.50%2006-12-15 · ↓ down-fire (z=-6.61) · SPY 63d: −0.67%2006-12-18 · ↓ down-fire (z=-5.90) · SPY 63d: −0.87%2006-12-19 · ↓ down-fire (z=-5.37) · SPY 63d: −0.82%2006-12-20 · ↓ down-fire (z=-4.96) · SPY 63d: −0.75%2006-12-21 · ↓ down-fire (z=-4.62) · SPY 63d: −0.88%2006-12-22 · ↓ down-fire (z=-4.35) · SPY 63d: −0.76%2006-12-26 · ↓ down-fire (z=-3.91) · SPY 63d: −0.27%2006-12-27 · ↓ down-fire (z=-3.73) · SPY 63d: +0.36%2006-12-28 · ↓ down-fire (z=-3.57) · SPY 63d: +0.03%2006-12-29 · ↓ down-fire (z=-3.43) · SPY 63d: −1.46%2007-01-03 · ↓ down-fire (z=-3.09) · SPY 63d: −1.75%2007-01-04 · ↓ down-fire (z=-2.99) · SPY 63d: −1.81%2007-01-05 · ↓ down-fire (z=-2.90) · SPY 63d: −2.77%2007-01-08 · ↓ down-fire (z=-2.82) · SPY 63d: −2.42%2007-01-09 · ↓ down-fire (z=-2.74) · SPY 63d: −2.09%2007-01-10 · ↓ down-fire (z=-2.67) · SPY 63d: −2.20%2007-01-11 · ↓ down-fire (z=-2.61) · SPY 63d: −2.22%2007-01-12 · ↓ down-fire (z=-2.54) · SPY 63d: −2.42%2009-06-01 · ↑ up-fire (z=13.34) · SPY 63d: +9.09%2009-06-02 · ↑ up-fire (z=9.41) · SPY 63d: +8.02%2009-06-03 · ↑ up-fire (z=7.66) · SPY 63d: +6.99%2009-06-04 · ↑ up-fire (z=6.61) · SPY 63d: +5.60%2009-06-05 · ↑ up-fire (z=5.90) · SPY 63d: +6.45%2009-06-08 · ↑ up-fire (z=5.37) · SPY 63d: +8.39%2009-06-09 · ↑ up-fire (z=4.96) · SPY 63d: +8.77%2009-06-10 · ↑ up-fire (z=4.62) · SPY 63d: +9.88%2009-06-11 · ↑ up-fire (z=4.35) · SPY 63d: +10.51%2009-06-12 · ↑ up-fire (z=4.11) · SPY 63d: +10.19%2009-06-15 · ↑ up-fire (z=3.91) · SPY 63d: +13.33%2009-06-16 · ↑ up-fire (z=3.73) · SPY 63d: +15.36%2009-06-17 · ↑ up-fire (z=3.57) · SPY 63d: +17.23%2009-06-18 · ↑ up-fire (z=3.43) · SPY 63d: +16.20%2009-06-19 · ↑ up-fire (z=3.31) · SPY 63d: +15.95%2009-06-22 · ↑ up-fire (z=3.19) · SPY 63d: +19.23%2009-06-23 · ↑ up-fire (z=3.09) · SPY 63d: +19.83%2009-06-24 · ↑ up-fire (z=2.99) · SPY 63d: +17.82%2009-06-25 · ↑ up-fire (z=2.90) · SPY 63d: +14.04%2009-06-26 · ↑ up-fire (z=2.82) · SPY 63d: +13.73%2009-06-29 · ↑ up-fire (z=2.74) · SPY 63d: +14.69%2009-06-30 · ↑ up-fire (z=2.67) · SPY 63d: +15.28%2009-07-01 · ↑ up-fire (z=2.61) · SPY 63d: +14.36%2009-07-02 · ↑ up-fire (z=2.54) · SPY 63d: +14.65%2010-06-24 · ↓ down-fire (z=-13.34) · SPY 63d: −4.73%2010-06-25 · ↓ down-fire (z=-9.41) · SPY 63d: −6.44%2010-06-28 · ↓ down-fire (z=-7.66) · SPY 63d: −6.27%2010-06-29 · ↓ down-fire (z=-6.61) · SPY 63d: −10.04%2010-06-30 · ↓ down-fire (z=-5.90) · SPY 63d: −10.90%2010-07-01 · ↓ down-fire (z=-5.37) · SPY 63d: −11.06%2010-07-02 · ↓ down-fire (z=-4.96) · SPY 63d: −12.14%2010-07-06 · ↓ down-fire (z=-4.62) · SPY 63d: −10.58%2010-07-07 · ↓ down-fire (z=-4.35) · SPY 63d: −9.36%2010-07-08 · ↓ down-fire (z=-4.11) · SPY 63d: −8.28%2010-07-09 · ↓ down-fire (z=-3.91) · SPY 63d: −7.34%2010-07-12 · ↓ down-fire (z=-3.73) · SPY 63d: −7.88%2010-07-13 · ↓ down-fire (z=-3.57) · SPY 63d: −6.37%2010-07-14 · ↓ down-fire (z=-3.43) · SPY 63d: −6.71%2010-07-15 · ↓ down-fire (z=-3.31) · SPY 63d: −7.51%2010-07-16 · ↓ down-fire (z=-3.19) · SPY 63d: −10.13%2010-07-19 · ↓ down-fire (z=-3.09) · SPY 63d: −9.70%2010-07-20 · ↓ down-fire (z=-2.99) · SPY 63d: −9.03%2010-07-21 · ↓ down-fire (z=-2.90) · SPY 63d: −9.02%2010-07-22 · ↓ down-fire (z=-2.82) · SPY 63d: −7.68%2010-07-23 · ↓ down-fire (z=-2.74) · SPY 63d: −6.99%2010-07-26 · ↓ down-fire (z=-2.67) · SPY 63d: −6.09%2010-07-27 · ↓ down-fire (z=-2.61) · SPY 63d: −6.41%2010-07-28 · ↓ down-fire (z=-2.54) · SPY 63d: −7.12%2011-06-29 · ↓ down-fire (z=-13.34) · SPY 63d: +11.92%2011-06-30 · ↓ down-fire (z=-9.41) · SPY 63d: +12.06%2011-07-01 · ↓ down-fire (z=-7.66) · SPY 63d: +15.51%2011-07-05 · ↓ down-fire (z=-6.61) · SPY 63d: +17.85%2011-07-06 · ↓ down-fire (z=-5.90) · SPY 63d: +16.14%2011-07-07 · ↓ down-fire (z=-5.37) · SPY 63d: +15.47%2011-07-08 · ↓ down-fire (z=-4.96) · SPY 63d: +13.33%2011-07-11 · ↓ down-fire (z=-4.62) · SPY 63d: +12.32%2011-07-12 · ↓ down-fire (z=-4.35) · SPY 63d: +9.00%2011-07-13 · ↓ down-fire (z=-4.11) · SPY 63d: +9.21%2011-07-14 · ↓ down-fire (z=-3.91) · SPY 63d: +7.78%2011-07-15 · ↓ down-fire (z=-3.73) · SPY 63d: +8.49%2011-07-18 · ↓ down-fire (z=-3.57) · SPY 63d: +6.16%2011-07-19 · ↓ down-fire (z=-3.43) · SPY 63d: +9.42%2011-07-20 · ↓ down-fire (z=-3.31) · SPY 63d: +7.59%2011-07-21 · ↓ down-fire (z=-3.19) · SPY 63d: +9.93%2011-07-22 · ↓ down-fire (z=-3.09) · SPY 63d: +9.60%2011-08-22 · ↓ down-fire (z=-2.99) · SPY 63d: −8.21%2011-08-23 · ↓ down-fire (z=-2.90) · SPY 63d: −2.77%2011-08-24 · ↓ down-fire (z=-2.82) · SPY 63d: −0.94%2011-08-25 · ↓ down-fire (z=-2.74) · SPY 63d: −0.24%2011-08-26 · ↓ down-fire (z=-2.67) · SPY 63d: +1.38%2011-08-29 · ↓ down-fire (z=-2.61) · SPY 63d: +1.36%2011-08-30 · ↓ down-fire (z=-2.54) · SPY 63d: +1.34%2012-03-16 · ↑ up-fire (z=2.82) · SPY 63d: −4.39%2012-03-19 · ↑ up-fire (z=2.74) · SPY 63d: −4.58%2012-03-20 · ↑ up-fire (z=2.67) · SPY 63d: −3.38%2012-03-21 · ↑ up-fire (z=2.61) · SPY 63d: −3.37%2012-03-22 · ↑ up-fire (z=2.54) · SPY 63d: −4.86%2013-12-23 · ↑ up-fire (z=13.34) · SPY 63d: +1.34%2013-12-24 · ↑ up-fire (z=9.41) · SPY 63d: +0.90%2013-12-26 · ↑ up-fire (z=7.66) · SPY 63d: +0.89%2013-12-27 · ↑ up-fire (z=6.61) · SPY 63d: +1.72%2013-12-30 · ↑ up-fire (z=5.90) · SPY 63d: +2.41%2013-12-31 · ↑ up-fire (z=5.37) · SPY 63d: +2.27%2014-01-02 · ↑ up-fire (z=4.96) · SPY 63d: +3.12%2014-01-03 · ↑ up-fire (z=4.62) · SPY 63d: +1.92%2014-01-06 · ↑ up-fire (z=4.35) · SPY 63d: +1.09%2014-01-07 · ↑ up-fire (z=4.11) · SPY 63d: +0.88%2014-01-08 · ↑ up-fire (z=3.91) · SPY 63d: +1.94%2014-01-09 · ↑ up-fire (z=3.73) · SPY 63d: −0.26%2014-01-10 · ↑ up-fire (z=3.57) · SPY 63d: −1.43%2014-01-13 · ↑ up-fire (z=3.43) · SPY 63d: +0.69%2014-01-14 · ↑ up-fire (z=3.31) · SPY 63d: +0.29%2014-01-15 · ↑ up-fire (z=3.19) · SPY 63d: +0.80%2014-01-16 · ↑ up-fire (z=3.09) · SPY 63d: +1.07%2014-01-17 · ↑ up-fire (z=2.99) · SPY 63d: +1.85%2014-01-21 · ↑ up-fire (z=2.90) · SPY 63d: +2.01%2014-01-22 · ↑ up-fire (z=2.82) · SPY 63d: +1.71%2014-01-23 · ↑ up-fire (z=2.74) · SPY 63d: +2.76%2014-01-24 · ↑ up-fire (z=2.67) · SPY 63d: +4.14%2014-01-27 · ↑ up-fire (z=2.61) · SPY 63d: +4.98%2014-01-28 · ↑ up-fire (z=2.54) · SPY 63d: +4.85%2016-08-03 · ↑ up-fire (z=13.34) · SPY 63d: −2.39%2016-08-04 · ↑ up-fire (z=9.41) · SPY 63d: −3.08%2016-08-05 · ↑ up-fire (z=7.66) · SPY 63d: −4.31%2016-08-08 · ↑ up-fire (z=6.61) · SPY 63d: −4.36%2016-08-09 · ↑ up-fire (z=5.90) · SPY 63d: −2.31%2016-08-10 · ↑ up-fire (z=5.37) · SPY 63d: −1.62%2016-08-11 · ↑ up-fire (z=4.96) · SPY 63d: −1.04%2016-08-12 · ↑ up-fire (z=4.62) · SPY 63d: −0.70%2016-08-15 · ↑ up-fire (z=4.35) · SPY 63d: −1.22%2016-08-16 · ↑ up-fire (z=4.11) · SPY 63d: −0.63%2016-08-17 · ↑ up-fire (z=3.91) · SPY 63d: −0.04%2016-08-18 · ↑ up-fire (z=3.73) · SPY 63d: −0.45%2016-08-19 · ↑ up-fire (z=3.57) · SPY 63d: +0.21%2016-08-22 · ↑ up-fire (z=3.43) · SPY 63d: −0.01%2016-08-23 · ↑ up-fire (z=3.31) · SPY 63d: +0.54%2016-08-24 · ↑ up-fire (z=3.19) · SPY 63d: +1.25%2016-08-25 · ↑ up-fire (z=3.09) · SPY 63d: +1.38%2016-08-26 · ↑ up-fire (z=2.99) · SPY 63d: +1.95%2016-08-29 · ↑ up-fire (z=2.90) · SPY 63d: +0.97%2016-08-30 · ↑ up-fire (z=2.82) · SPY 63d: +1.33%2016-08-31 · ↑ up-fire (z=2.74) · SPY 63d: +1.38%2016-09-01 · ↑ up-fire (z=2.67) · SPY 63d: +1.00%2016-09-02 · ↑ up-fire (z=2.61) · SPY 63d: +0.60%2016-09-06 · ↑ up-fire (z=2.54) · SPY 63d: +0.90%2018-05-11 · ↓ down-fire (z=-13.34) · SPY 63d: −3.78%2018-05-14 · ↓ down-fire (z=-9.41) · SPY 63d: −3.34%2018-05-15 · ↓ down-fire (z=-7.66) · SPY 63d: −4.72%2018-05-16 · ↓ down-fire (z=-6.61) · SPY 63d: −3.50%2018-05-17 · ↓ down-fire (z=-5.90) · SPY 63d: −4.43%2018-05-18 · ↓ down-fire (z=-5.37) · SPY 63d: −5.06%2018-05-21 · ↓ down-fire (z=-4.96) · SPY 63d: −4.50%2018-05-22 · ↓ down-fire (z=-4.62) · SPY 63d: −5.04%2018-05-23 · ↓ down-fire (z=-4.35) · SPY 63d: −4.69%2018-05-24 · ↓ down-fire (z=-4.11) · SPY 63d: −4.76%2018-05-25 · ↓ down-fire (z=-3.91) · SPY 63d: −5.64%2018-05-29 · ↓ down-fire (z=-3.73) · SPY 63d: −7.72%2018-05-30 · ↓ down-fire (z=-3.57) · SPY 63d: −6.35%2018-05-31 · ↓ down-fire (z=-3.43) · SPY 63d: −7.58%2018-06-01 · ↓ down-fire (z=-3.31) · SPY 63d: −6.10%2018-06-04 · ↓ down-fire (z=-3.19) · SPY 63d: −5.61%2018-06-05 · ↓ down-fire (z=-3.09) · SPY 63d: −5.35%2018-06-06 · ↓ down-fire (z=-2.99) · SPY 63d: −4.19%2018-06-07 · ↓ down-fire (z=-2.90) · SPY 63d: −3.89%2018-06-08 · ↓ down-fire (z=-2.82) · SPY 63d: −3.38%2018-06-11 · ↓ down-fire (z=-2.74) · SPY 63d: −3.43%2018-06-28 · ↓ down-fire (z=-2.67) · SPY 63d: −7.31%2018-06-29 · ↓ down-fire (z=-2.61) · SPY 63d: −7.17%2018-07-02 · ↓ down-fire (z=-2.54) · SPY 63d: −7.31%2019-03-15 · ↑ up-fire (z=9.41) · SPY 63d: +2.83%2019-03-18 · ↑ up-fire (z=9.41) · SPY 63d: +2.49%2019-03-19 · ↑ up-fire (z=9.41) · SPY 63d: +3.54%2019-03-20 · ↑ up-fire (z=7.66) · SPY 63d: +4.09%2019-03-21 · ↑ up-fire (z=6.61) · SPY 63d: +3.91%2019-03-22 · ↑ up-fire (z=5.90) · SPY 63d: +5.28%2019-03-25 · ↑ up-fire (z=5.37) · SPY 63d: +5.23%2019-03-26 · ↑ up-fire (z=4.96) · SPY 63d: +3.43%2019-03-27 · ↑ up-fire (z=4.62) · SPY 63d: +3.87%2019-03-28 · ↑ up-fire (z=4.35) · SPY 63d: +3.84%2019-03-29 · ↑ up-fire (z=4.11) · SPY 63d: +3.72%2019-04-01 · ↑ up-fire (z=3.91) · SPY 63d: +3.44%2019-04-02 · ↑ up-fire (z=3.73) · SPY 63d: +3.66%2019-04-03 · ↑ up-fire (z=3.57) · SPY 63d: +4.32%2019-04-04 · ↑ up-fire (z=3.43) · SPY 63d: +3.93%2019-04-05 · ↑ up-fire (z=3.31) · SPY 63d: +2.86%2019-04-08 · ↑ up-fire (z=3.19) · SPY 63d: +2.91%2019-04-09 · ↑ up-fire (z=3.09) · SPY 63d: +3.93%2019-04-10 · ↑ up-fire (z=2.99) · SPY 63d: +3.82%2019-04-11 · ↑ up-fire (z=2.90) · SPY 63d: +4.32%2019-04-12 · ↑ up-fire (z=2.82) · SPY 63d: +3.65%2019-04-15 · ↑ up-fire (z=2.74) · SPY 63d: +3.38%2019-04-16 · ↑ up-fire (z=2.67) · SPY 63d: +2.61%2019-04-17 · ↑ up-fire (z=2.61) · SPY 63d: +3.24%2019-04-18 · ↑ up-fire (z=2.54) · SPY 63d: +2.46%2022-01-06 · ↓ down-fire (z=-13.34) · SPY 63d: +4.10%2022-01-07 · ↓ down-fire (z=-9.41) · SPY 63d: +3.97%2022-01-10 · ↓ down-fire (z=-7.66) · SPY 63d: +5.50%2022-01-11 · ↓ down-fire (z=-6.61) · SPY 63d: +6.70%2022-01-12 · ↓ down-fire (z=-5.90) · SPY 63d: +5.88%2022-01-13 · ↓ down-fire (z=-5.37) · SPY 63d: +5.76%2022-01-14 · ↓ down-fire (z=-4.96) · SPY 63d: +5.76%2022-01-18 · ↓ down-fire (z=-4.62) · SPY 63d: +2.51%2022-01-19 · ↓ down-fire (z=-4.35) · SPY 63d: +1.56%2022-01-20 · ↓ down-fire (z=-4.11) · SPY 63d: +1.94%2022-01-21 · ↓ down-fire (z=-3.91) · SPY 63d: +2.73%2022-01-24 · ↓ down-fire (z=-3.73) · SPY 63d: +2.58%2022-01-25 · ↓ down-fire (z=-3.57) · SPY 63d: +4.23%2022-01-26 · ↓ down-fire (z=-3.43) · SPY 63d: +3.72%2022-01-27 · ↓ down-fire (z=-3.31) · SPY 63d: +0.80%2022-01-28 · ↓ down-fire (z=-3.19) · SPY 63d: +6.78%2022-01-31 · ↓ down-fire (z=-3.09) · SPY 63d: +7.88%2022-02-01 · ↓ down-fire (z=-2.99) · SPY 63d: +8.07%2022-02-02 · ↓ down-fire (z=-2.90) · SPY 63d: +6.19%2022-02-03 · ↓ down-fire (z=-2.82) · SPY 63d: +7.34%2022-02-04 · ↓ down-fire (z=-2.74) · SPY 63d: +8.33%2022-02-07 · ↓ down-fire (z=-2.67) · SPY 63d: +10.98%2022-02-08 · ↓ down-fire (z=-2.61) · SPY 63d: +11.50%2022-02-09 · ↓ down-fire (z=-2.54) · SPY 63d: +14.16%2024-09-17 · ↓ down-fire (z=-4.35) · SPY 63d: −7.76%2024-09-18 · ↓ down-fire (z=-4.35) · SPY 63d: −7.64%2024-09-19 · ↓ down-fire (z=-4.35) · SPY 63d: −2.68%2024-09-20 · ↓ down-fire (z=-4.35) · SPY 63d: −3.14%2024-09-23 · ↓ down-fire (z=-4.35) · SPY 63d: −3.77%2024-09-24 · ↓ down-fire (z=-4.35) · SPY 63d: −4.09%2024-09-25 · ↓ down-fire (z=-4.35) · SPY 63d: −5.48%2024-09-26 · ↓ down-fire (z=-4.35) · SPY 63d: −5.07%2024-09-27 · ↓ down-fire (z=-4.35) · SPY 63d: −4.12%2024-09-30 · ↓ down-fire (z=-4.35) · SPY 63d: −2.52%2024-10-01 · ↓ down-fire (z=-4.11) · SPY 63d: −3.07%2024-10-02 · ↓ down-fire (z=-3.91) · SPY 63d: −2.77%2024-10-03 · ↓ down-fire (z=-3.73) · SPY 63d: −4.25%2024-10-04 · ↓ down-fire (z=-3.57) · SPY 63d: −3.91%2024-10-07 · ↓ down-fire (z=-3.43) · SPY 63d: −3.67%2024-10-08 · ↓ down-fire (z=-3.31) · SPY 63d: −2.85%2024-10-09 · ↓ down-fire (z=-3.19) · SPY 63d: −0.58%2024-10-10 · ↓ down-fire (z=-3.09) · SPY 63d: −0.91%2024-10-11 · ↓ down-fire (z=-2.99) · SPY 63d: −0.45%2024-10-14 · ↓ down-fire (z=-2.90) · SPY 63d: −1.45%2024-12-03 · ↓ down-fire (z=-2.82) · SPY 63d: +4.63%2024-12-04 · ↓ down-fire (z=-2.74) · SPY 63d: +7.75%2024-12-05 · ↓ down-fire (z=-2.67) · SPY 63d: +8.36%2024-12-06 · ↓ down-fire (z=-2.61) · SPY 63d: +8.05%2024-12-09 · ↓ down-fire (z=-2.54) · SPY 63d: +8.81%2002-02-072014-01-102024-12-09
Each bar = one fire day (|z|≥2.5 from 180-day rolling baseline). Bar height = SPY return over the the next trading quarter, 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.