VOL. I · NO. 119 · standardpoorly.comTHU · MAY 28 · 2026FORWARD HORIZON · 1 d / 1 wk / 1 mo / 3 mo
STANDARD Poorly
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PoorlychaosSP-2884

Days since last Bitcoin halving

Decay-model count since most recent BTC halving for testing "BTC rallies for N days post-halving" hypotheses.

the verdict —
At the 126d horizon, this signal hits in the predicted direction 39% of fires. Mean SPY forward return when it lights: -2.01%. Status: OOS validated. n = 3265. Bearish on the underlying when fired.
What to watch when it fires
IBITMSTR

Current state

Latest value · 2026-05-26
767.0
vs ~6 weeks ago
5.8%
vs 60 days ago
12%
vs 7 days ago
1.5%
last 90 observations · 2026-01-21 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.

Days since last Bitcoin halving
769.0 +351.0 (+83.97%) over 1Y
Hover for date + value · Toggle SPY to compare relative move
783.0688.3593.5498.7404.0Jun 25Sep 25Dec 25Mar 26May 26
2025-06-11 → 2026-05-28 · 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 -2.0% over the next six months, moving in the opposite direction 61% of the time.

53%
−0.03%
1 d
53%
−0.14%
1 wk
57%
−0.48%
1 mo
60%
−1.2%
3 mo
61%
−2.0%
6 mo
49%
−0.37%
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=3,265
-0.03%
47% same direction
-0.14%
47% same direction
-0.48%
43% same direction
-1.2%
40% same direction
-2.0%
39% same direction
-0.37%
49% same direction
Gold
futures
n=3,130
-0.00%
48% same direction
-0.03%
48% same direction
-0.07%
49% same direction
+0.22%
51% same direction
+1.2%
57% same direction
+4.3%
72% same direction
Analyst · 6 moreWTI · 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:
0 fires · 0% positive · avg +0.00%
⚠ This indicator hasn't fired since 2024-02-01 (847 calendar days ago). Currently quiet — chart shows historical fires only.
−5.0%−2.5%0%+2.5%+5.0%
Each bar = one fire day (|z|≥2.5 from 180-day rolling baseline). Bar height = SPY return over the the next six months, 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.