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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StandardcommoditiesSP-1144

Silver Spot

Silver front-month futures.

the verdict —
At the 63d horizon, this signal hits in the predicted direction 52% of fires. Mean SPY forward return when it lights: +0.17%. Status: OOS validated. n = 6370. Bearish on the underlying when fired.
What to watch when it fires
SLV

Current state

Latest value · 2026-05-25
77.8
vs ~6 weeks ago
4.9%
vs 60 days ago
4.8%
vs 7 days ago
3.8%
last 90 observations · 2026-01-22 2026-05-25

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.

Silver Spot
74.64 +40.07 (+115.94%) over 1Y
Hover for date + value · Toggle SPY to compare relative move · Switch to Candle for OHLC view
118.396.5574.7953.0431.28Jun 25Aug 25Nov 25Mar 26May 26
2025-06-02 → 2026-05-27 · 252 bars

What it has historically predicted

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

50%
+0.01%
1 d
50%
+0.01%
1 wk
51%
−0.01%
1 mo
52%
+0.17%
3 mo
51%
+0.25%
6 mo
51%
+0.00%
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=6,370
+0.01%
50% same direction
+0.01%
50% same direction
-0.01%
51% same direction
+0.17%
52% same direction
+0.25%
51% same direction
+0.00%
51% same direction
Copper
futures
n=6,200
-0.04%
49% same direction
+0.06%
51% same direction
+0.10%
51% same direction
+0.67%
51% same direction
+1.4%
53% same direction
+1.0%
53% same direction
Analyst · 6 moreWTI · Gold · BTC · 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:
523 fires · 72% positive · avg +2.73%
−39.3%−19.7%0%+19.7%+39.3%2002-05-30 · ↑ up-fire (z=2.62) · SPY 63d: −13.93%2002-05-31 · ↑ up-fire (z=2.84) · SPY 63d: −14.06%2002-06-03 · ↑ up-fire (z=2.97) · SPY 63d: −12.06%2002-06-04 · ↑ up-fire (z=3.10) · SPY 63d: −15.63%2003-07-23 · ↑ up-fire (z=3.20) · SPY 63d: +5.66%2003-07-24 · ↑ up-fire (z=3.39) · SPY 63d: +5.13%2003-07-25 · ↑ up-fire (z=3.03) · SPY 63d: +3.11%2003-07-28 · ↑ up-fire (z=3.75) · SPY 63d: +3.72%2003-07-29 · ↑ up-fire (z=3.41) · SPY 63d: +4.26%2003-07-30 · ↑ up-fire (z=2.62) · SPY 63d: +5.93%2003-07-31 · ↑ up-fire (z=2.93) · SPY 63d: +5.83%2003-08-01 · ↑ up-fire (z=2.71) · SPY 63d: +6.99%2003-09-09 · ↑ up-fire (z=2.64) · SPY 63d: +4.44%2003-09-10 · ↑ up-fire (z=2.58) · SPY 63d: +4.69%2003-09-11 · ↑ up-fire (z=2.90) · SPY 63d: +4.37%2003-12-09 · ↑ up-fire (z=2.54) · SPY 63d: +4.10%2003-12-24 · ↑ up-fire (z=2.52) · SPY 63d: +1.29%2003-12-29 · ↑ up-fire (z=2.88) · SPY 63d: +1.63%2003-12-30 · ↑ up-fire (z=3.01) · SPY 63d: +1.73%2003-12-31 · ↑ up-fire (z=2.84) · SPY 63d: +2.25%2004-01-05 · ↑ up-fire (z=3.57) · SPY 63d: +2.52%2004-01-06 · ↑ up-fire (z=3.67) · SPY 63d: +2.09%2004-01-07 · ↑ up-fire (z=3.36) · SPY 63d: +1.50%2004-01-08 · ↑ up-fire (z=3.27) · SPY 63d: +0.87%2004-01-09 · ↑ up-fire (z=3.75) · SPY 63d: +2.16%2004-01-12 · ↑ up-fire (z=3.90) · SPY 63d: −0.01%2004-01-13 · ↑ up-fire (z=3.68) · SPY 63d: +0.74%2004-01-14 · ↑ up-fire (z=3.16) · SPY 63d: −0.48%2004-01-15 · ↑ up-fire (z=2.57) · SPY 63d: +0.04%2004-01-16 · ↑ up-fire (z=2.77) · SPY 63d: −0.35%2004-01-20 · ↑ up-fire (z=2.69) · SPY 63d: −2.00%2004-01-22 · ↑ up-fire (z=2.63) · SPY 63d: −0.48%2004-01-23 · ↑ up-fire (z=2.59) · SPY 63d: −0.06%2004-01-27 · ↑ up-fire (z=2.87) · SPY 63d: −0.33%2004-01-28 · ↑ up-fire (z=2.94) · SPY 63d: −0.48%2004-02-17 · ↑ up-fire (z=2.62) · SPY 63d: −6.09%2004-03-09 · ↑ up-fire (z=2.60) · SPY 63d: +0.31%2004-03-10 · ↑ up-fire (z=2.55) · SPY 63d: +1.07%2004-03-11 · ↑ up-fire (z=2.51) · SPY 63d: +2.91%2004-03-18 · ↑ up-fire (z=2.66) · SPY 63d: +0.50%2004-03-19 · ↑ up-fire (z=2.73) · SPY 63d: +1.93%2004-03-22 · ↑ up-fire (z=2.76) · SPY 63d: +3.76%2004-03-23 · ↑ up-fire (z=2.80) · SPY 63d: +4.83%2004-03-24 · ↑ up-fire (z=2.66) · SPY 63d: +4.42%2004-03-25 · ↑ up-fire (z=2.54) · SPY 63d: +2.56%2004-03-26 · ↑ up-fire (z=2.63) · SPY 63d: +2.18%2004-03-30 · ↑ up-fire (z=2.59) · SPY 63d: +1.38%2004-03-31 · ↑ up-fire (z=2.74) · SPY 63d: −0.14%2004-04-01 · ↑ up-fire (z=2.91) · SPY 63d: −0.79%2004-04-02 · ↑ up-fire (z=2.84) · SPY 63d: −2.40%2004-04-05 · ↑ up-fire (z=2.72) · SPY 63d: −2.65%2004-04-06 · ↑ up-fire (z=2.77) · SPY 63d: −3.01%2004-04-07 · ↑ up-fire (z=2.68) · SPY 63d: −2.53%2004-04-08 · ↑ up-fire (z=2.51) · SPY 63d: −2.27%2005-10-07 · ↑ up-fire (z=2.59) · SPY 63d: +7.66%2005-10-10 · ↑ up-fire (z=2.86) · SPY 63d: +8.69%2005-10-11 · ↑ up-fire (z=2.91) · SPY 63d: +9.19%2005-10-12 · ↑ up-fire (z=2.71) · SPY 63d: +9.62%2005-10-14 · ↑ up-fire (z=2.71) · SPY 63d: +8.14%2005-10-17 · ↑ up-fire (z=2.71) · SPY 63d: +7.31%2005-11-16 · ↑ up-fire (z=2.77) · SPY 63d: +4.31%2005-11-17 · ↑ up-fire (z=3.07) · SPY 63d: +3.09%2005-11-18 · ↑ up-fire (z=2.85) · SPY 63d: +3.31%2005-11-21 · ↑ up-fire (z=3.01) · SPY 63d: +2.64%2005-11-22 · ↑ up-fire (z=3.07) · SPY 63d: +2.46%2005-11-23 · ↑ up-fire (z=2.85) · SPY 63d: +1.91%2005-11-28 · ↑ up-fire (z=3.49) · SPY 63d: +2.49%2005-11-29 · ↑ up-fire (z=3.20) · SPY 63d: +2.59%2005-11-30 · ↑ up-fire (z=3.07) · SPY 63d: +2.67%2005-12-01 · ↑ up-fire (z=3.63) · SPY 63d: +1.17%2005-12-02 · ↑ up-fire (z=3.62) · SPY 63d: +0.88%2005-12-05 · ↑ up-fire (z=3.72) · SPY 63d: +1.31%2005-12-06 · ↑ up-fire (z=3.73) · SPY 63d: +0.44%2005-12-07 · ↑ up-fire (z=3.79) · SPY 63d: +1.99%2005-12-08 · ↑ up-fire (z=3.92) · SPY 63d: +2.25%2005-12-09 · ↑ up-fire (z=3.99) · SPY 63d: +3.05%2005-12-12 · ↑ up-fire (z=3.33) · SPY 63d: +3.41%2005-12-13 · ↑ up-fire (z=2.57) · SPY 63d: +2.92%2005-12-15 · ↑ up-fire (z=2.57) · SPY 63d: +2.33%2005-12-27 · ↑ up-fire (z=2.62) · SPY 63d: +3.63%2005-12-28 · ↑ up-fire (z=2.79) · SPY 63d: +3.22%2005-12-29 · ↑ up-fire (z=2.62) · SPY 63d: +3.71%2005-12-30 · ↑ up-fire (z=2.57) · SPY 63d: +4.19%2006-01-03 · ↑ up-fire (z=2.99) · SPY 63d: +3.05%2006-01-04 · ↑ up-fire (z=2.93) · SPY 63d: +2.91%2006-01-06 · ↑ up-fire (z=2.81) · SPY 63d: +0.86%2006-01-09 · ↑ up-fire (z=2.92) · SPY 63d: +0.75%2006-01-25 · ↑ up-fire (z=2.70) · SPY 63d: +2.95%2006-01-26 · ↑ up-fire (z=2.77) · SPY 63d: +2.88%2006-01-27 · ↑ up-fire (z=2.70) · SPY 63d: +2.28%2006-01-30 · ↑ up-fire (z=2.88) · SPY 63d: +1.53%2006-01-31 · ↑ up-fire (z=2.94) · SPY 63d: +3.04%2006-02-01 · ↑ up-fire (z=2.74) · SPY 63d: +1.95%2006-02-02 · ↑ up-fire (z=2.78) · SPY 63d: +3.52%2006-02-03 · ↑ up-fire (z=2.57) · SPY 63d: +4.95%2006-02-06 · ↑ up-fire (z=2.51) · SPY 63d: +4.55%2006-03-30 · ↑ up-fire (z=2.90) · SPY 63d: −1.95%2006-03-31 · ↑ up-fire (z=2.70) · SPY 63d: −1.96%2006-04-03 · ↑ up-fire (z=2.84) · SPY 63d: −1.49%2006-04-04 · ↑ up-fire (z=2.74) · SPY 63d: −2.67%2006-04-05 · ↑ up-fire (z=2.65) · SPY 63d: −2.73%2006-04-06 · ↑ up-fire (z=2.86) · SPY 63d: −3.26%2006-04-07 · ↑ up-fire (z=2.81) · SPY 63d: −2.08%2006-04-10 · ↑ up-fire (z=3.12) · SPY 63d: −1.80%2006-04-11 · ↑ up-fire (z=3.06) · SPY 63d: −2.01%2006-04-12 · ↑ up-fire (z=3.01) · SPY 63d: −3.79%2006-04-13 · ↑ up-fire (z=3.07) · SPY 63d: −4.03%2006-04-17 · ↑ up-fire (z=3.34) · SPY 63d: −4.13%2006-04-18 · ↑ up-fire (z=3.51) · SPY 63d: −5.15%2006-04-19 · ↑ up-fire (z=3.87) · SPY 63d: −4.02%2006-04-21 · ↑ up-fire (z=2.67) · SPY 63d: −5.49%2006-04-28 · ↑ up-fire (z=2.75) · SPY 63d: −2.66%2006-05-01 · ↑ up-fire (z=2.88) · SPY 63d: −1.96%2006-05-02 · ↑ up-fire (z=2.95) · SPY 63d: −3.17%2006-05-03 · ↑ up-fire (z=2.64) · SPY 63d: −2.15%2006-05-04 · ↑ up-fire (z=2.60) · SPY 63d: −2.24%2006-05-05 · ↑ up-fire (z=2.57) · SPY 63d: −3.26%2006-05-09 · ↑ up-fire (z=2.77) · SPY 63d: −3.93%2006-05-10 · ↑ up-fire (z=2.61) · SPY 63d: −4.20%2006-05-11 · ↑ up-fire (z=2.88) · SPY 63d: −2.73%2007-08-16 · ↓ down-fire (z=-3.46) · SPY 63d: −3.92%2007-08-17 · ↓ down-fire (z=-2.75) · SPY 63d: −0.57%2007-08-20 · ↓ down-fire (z=-2.79) · SPY 63d: −0.80%2007-08-21 · ↓ down-fire (z=-3.13) · SPY 63d: +0.81%2007-08-22 · ↓ down-fire (z=-2.94) · SPY 63d: +1.37%2007-08-23 · ↓ down-fire (z=-2.73) · SPY 63d: +3.30%2007-11-06 · ↑ up-fire (z=3.37) · SPY 63d: −11.93%2007-11-07 · ↑ up-fire (z=3.20) · SPY 63d: −10.03%2007-11-08 · ↑ up-fire (z=3.42) · SPY 63d: −9.11%2007-11-09 · ↑ up-fire (z=3.39) · SPY 63d: −6.99%2007-11-14 · ↑ up-fire (z=2.62) · SPY 63d: −8.48%2008-01-08 · ↑ up-fire (z=2.60) · SPY 63d: −2.22%2008-01-09 · ↑ up-fire (z=2.58) · SPY 63d: −3.10%2008-01-10 · ↑ up-fire (z=3.01) · SPY 63d: −5.60%2008-01-11 · ↑ up-fire (z=3.03) · SPY 63d: −5.15%2008-01-14 · ↑ up-fire (z=2.99) · SPY 63d: −5.69%2008-01-15 · ↑ up-fire (z=2.78) · SPY 63d: −0.95%2008-01-18 · ↑ up-fire (z=2.53) · SPY 63d: +4.91%2008-01-24 · ↑ up-fire (z=2.50) · SPY 63d: +2.47%2008-01-25 · ↑ up-fire (z=2.59) · SPY 63d: +4.93%2008-01-28 · ↑ up-fire (z=2.76) · SPY 63d: +3.25%2008-01-29 · ↑ up-fire (z=2.74) · SPY 63d: +2.33%2008-01-30 · ↑ up-fire (z=2.64) · SPY 63d: +2.48%2008-01-31 · ↑ up-fire (z=2.77) · SPY 63d: +2.73%2008-02-01 · ↑ up-fire (z=2.60) · SPY 63d: +1.38%2008-02-08 · ↑ up-fire (z=2.54) · SPY 63d: +4.38%2008-02-11 · ↑ up-fire (z=2.75) · SPY 63d: +5.02%2008-02-12 · ↑ up-fire (z=2.52) · SPY 63d: +4.07%2008-02-13 · ↑ up-fire (z=2.54) · SPY 63d: +3.23%2008-02-20 · ↑ up-fire (z=2.62) · SPY 63d: +4.39%2008-02-21 · ↑ up-fire (z=2.69) · SPY 63d: +3.49%2008-02-22 · ↑ up-fire (z=2.68) · SPY 63d: +2.87%2008-02-25 · ↑ up-fire (z=2.64) · SPY 63d: +0.23%2008-02-26 · ↑ up-fire (z=2.98) · SPY 63d: +0.22%2008-02-27 · ↑ up-fire (z=3.20) · SPY 63d: +0.78%2008-02-28 · ↑ up-fire (z=3.36) · SPY 63d: +2.29%2008-02-29 · ↑ up-fire (z=3.34) · SPY 63d: +4.88%2008-03-03 · ↑ up-fire (z=3.38) · SPY 63d: +4.04%2008-03-04 · ↑ up-fire (z=3.07) · SPY 63d: +3.84%2008-03-05 · ↑ up-fire (z=3.49) · SPY 63d: +3.13%2008-03-06 · ↑ up-fire (z=3.07) · SPY 63d: +7.42%2008-03-07 · ↑ up-fire (z=2.99) · SPY 63d: +5.07%2008-03-10 · ↑ up-fire (z=2.67) · SPY 63d: +6.73%2008-03-11 · ↑ up-fire (z=2.59) · SPY 63d: +2.52%2008-03-12 · ↑ up-fire (z=2.65) · SPY 63d: +1.96%2008-03-13 · ↑ up-fire (z=2.78) · SPY 63d: +2.13%2008-03-14 · ↑ up-fire (z=2.82) · SPY 63d: +5.05%2008-03-17 · ↑ up-fire (z=2.59) · SPY 63d: +6.18%2008-08-15 · ↓ down-fire (z=-2.72) · SPY 63d: +29.96%2008-09-05 · ↓ down-fire (z=-2.76) · SPY 63d: +31.44%2008-09-08 · ↓ down-fire (z=-2.86) · SPY 63d: +30.76%2008-09-09 · ↓ down-fire (z=-3.01) · SPY 63d: +26.15%2008-09-10 · ↓ down-fire (z=-3.42) · SPY 63d: +27.66%2008-09-11 · ↓ down-fire (z=-3.50) · SPY 63d: +28.21%2008-09-12 · ↓ down-fire (z=-3.26) · SPY 63d: +30.26%2008-09-15 · ↓ down-fire (z=-2.99) · SPY 63d: +25.90%2008-09-16 · ↓ down-fire (z=-3.23) · SPY 63d: +28.13%2008-09-17 · ↓ down-fire (z=-2.56) · SPY 63d: +21.21%2008-10-16 · ↓ down-fire (z=-2.63) · SPY 63d: +9.29%2008-10-17 · ↓ down-fire (z=-2.68) · SPY 63d: +13.56%2009-09-10 · ↑ up-fire (z=2.52) · SPY 63d: +4.99%2009-09-15 · ↑ up-fire (z=2.67) · SPY 63d: +5.82%2009-09-16 · ↑ up-fire (z=2.95) · SPY 63d: +3.75%2009-09-17 · ↑ up-fire (z=2.76) · SPY 63d: +4.07%2009-09-18 · ↑ up-fire (z=2.56) · SPY 63d: +3.24%2009-09-22 · ↑ up-fire (z=2.50) · SPY 63d: +3.98%2009-10-07 · ↑ up-fire (z=2.56) · SPY 63d: +7.93%2009-10-08 · ↑ up-fire (z=2.75) · SPY 63d: +7.47%2009-10-09 · ↑ up-fire (z=2.61) · SPY 63d: +6.96%2009-10-12 · ↑ up-fire (z=2.64) · SPY 63d: +5.55%2009-10-13 · ↑ up-fire (z=2.60) · SPY 63d: +6.66%2009-10-14 · ↑ up-fire (z=2.59) · SPY 63d: +5.14%2010-09-14 · ↑ up-fire (z=2.52) · SPY 63d: +10.57%2010-09-15 · ↑ up-fire (z=2.60) · SPY 63d: +10.25%2010-09-16 · ↑ up-fire (z=2.73) · SPY 63d: +9.77%2010-09-17 · ↑ up-fire (z=2.70) · SPY 63d: +10.96%2010-09-20 · ↑ up-fire (z=2.62) · SPY 63d: +8.83%2010-09-22 · ↑ up-fire (z=2.74) · SPY 63d: +10.55%2010-09-23 · ↑ up-fire (z=2.81) · SPY 63d: +11.80%2010-09-24 · ↑ up-fire (z=2.90) · SPY 63d: +9.39%2010-09-27 · ↑ up-fire (z=2.88) · SPY 63d: +9.96%2010-09-28 · ↑ up-fire (z=2.99) · SPY 63d: +9.73%2010-09-29 · ↑ up-fire (z=3.10) · SPY 63d: +10.00%2010-09-30 · ↑ up-fire (z=2.90) · SPY 63d: +10.15%2010-10-01 · ↑ up-fire (z=3.01) · SPY 63d: +9.72%2010-10-04 · ↑ up-fire (z=2.90) · SPY 63d: +11.69%2010-10-05 · ↑ up-fire (z=3.33) · SPY 63d: +9.43%2010-10-06 · ↑ up-fire (z=3.44) · SPY 63d: +10.01%2010-10-07 · ↑ up-fire (z=3.00) · SPY 63d: +9.92%2010-10-08 · ↑ up-fire (z=3.26) · SPY 63d: +9.10%2010-10-11 · ↑ up-fire (z=3.31) · SPY 63d: +8.86%2010-10-12 · ↑ up-fire (z=3.07) · SPY 63d: +8.91%2010-10-13 · ↑ up-fire (z=3.46) · SPY 63d: +9.04%2010-10-14 · ↑ up-fire (z=3.64) · SPY 63d: +9.29%2010-10-15 · ↑ up-fire (z=3.42) · SPY 63d: +9.86%2010-10-18 · ↑ up-fire (z=3.38) · SPY 63d: +9.50%2010-10-19 · ↑ up-fire (z=2.91) · SPY 63d: +9.87%2010-10-20 · ↑ up-fire (z=2.88) · SPY 63d: +8.66%2010-10-25 · ↑ up-fire (z=2.56) · SPY 63d: +8.82%2010-10-26 · ↑ up-fire (z=2.66) · SPY 63d: +9.22%2010-10-28 · ↑ up-fire (z=2.59) · SPY 63d: +7.87%2010-10-29 · ↑ up-fire (z=2.89) · SPY 63d: +8.60%2010-11-01 · ↑ up-fire (z=2.82) · SPY 63d: +10.30%2010-11-02 · ↑ up-fire (z=2.89) · SPY 63d: +9.22%2010-11-03 · ↑ up-fire (z=2.62) · SPY 63d: +9.03%2010-11-04 · ↑ up-fire (z=3.33) · SPY 63d: +7.27%2010-11-05 · ↑ up-fire (z=3.55) · SPY 63d: +7.54%2010-11-08 · ↑ up-fire (z=3.73) · SPY 63d: +8.23%2010-11-09 · ↑ up-fire (z=4.23) · SPY 63d: +8.77%2010-11-10 · ↑ up-fire (z=3.17) · SPY 63d: +8.37%2010-11-11 · ↑ up-fire (z=3.30) · SPY 63d: +9.43%2010-11-12 · ↑ up-fire (z=2.60) · SPY 63d: +11.01%2010-11-15 · ↑ up-fire (z=2.61) · SPY 63d: +10.81%2010-11-18 · ↑ up-fire (z=2.73) · SPY 63d: +12.15%2010-11-19 · ↑ up-fire (z=2.79) · SPY 63d: +9.59%2010-11-22 · ↑ up-fire (z=2.82) · SPY 63d: +9.01%2010-11-23 · ↑ up-fire (z=2.79) · SPY 63d: +10.54%2010-11-24 · ↑ up-fire (z=2.70) · SPY 63d: +10.09%2010-11-30 · ↑ up-fire (z=2.75) · SPY 63d: +10.73%2010-12-01 · ↑ up-fire (z=2.75) · SPY 63d: +10.30%2010-12-02 · ↑ up-fire (z=2.73) · SPY 63d: +8.09%2010-12-03 · ↑ up-fire (z=2.88) · SPY 63d: +6.95%2010-12-06 · ↑ up-fire (z=2.95) · SPY 63d: +8.00%2010-12-07 · ↑ up-fire (z=2.88) · SPY 63d: +7.78%2010-12-13 · ↑ up-fire (z=2.60) · SPY 63d: +3.21%2010-12-14 · ↑ up-fire (z=2.59) · SPY 63d: +1.21%2011-04-19 · ↑ up-fire (z=2.57) · SPY 63d: +1.02%2011-04-20 · ↑ up-fire (z=2.60) · SPY 63d: +1.04%2011-04-21 · ↑ up-fire (z=2.80) · SPY 63d: +0.60%2011-04-25 · ↑ up-fire (z=2.90) · SPY 63d: +0.14%2011-04-26 · ↑ up-fire (z=2.51) · SPY 63d: −1.08%2011-04-27 · ↑ up-fire (z=2.60) · SPY 63d: −3.74%2011-04-28 · ↑ up-fire (z=2.77) · SPY 63d: −4.33%2011-04-29 · ↑ up-fire (z=2.86) · SPY 63d: −5.20%2013-04-15 · ↓ down-fire (z=-3.28) · SPY 63d: −8.40%2013-04-16 · ↓ down-fire (z=-3.10) · SPY 63d: −6.42%2013-04-17 · ↓ down-fire (z=-3.16) · SPY 63d: −8.28%2013-04-18 · ↓ down-fire (z=-3.11) · SPY 63d: −9.56%2013-04-19 · ↓ down-fire (z=-3.15) · SPY 63d: −8.80%2013-04-22 · ↓ down-fire (z=-2.92) · SPY 63d: −8.54%2013-04-23 · ↓ down-fire (z=-3.05) · SPY 63d: −7.20%2013-04-24 · ↓ down-fire (z=-2.97) · SPY 63d: −6.74%2013-04-26 · ↓ down-fire (z=-2.52) · SPY 63d: −6.87%2013-05-01 · ↓ down-fire (z=-2.56) · SPY 63d: −6.59%2014-09-19 · ↓ down-fire (z=-2.66) · SPY 63d: −3.03%2014-09-22 · ↓ down-fire (z=-2.69) · SPY 63d: −3.70%2014-09-23 · ↓ down-fire (z=-2.60) · SPY 63d: −4.78%2014-09-24 · ↓ down-fire (z=-2.62) · SPY 63d: −4.10%2014-09-25 · ↓ down-fire (z=-2.85) · SPY 63d: −5.82%2014-09-26 · ↓ down-fire (z=-2.67) · SPY 63d: −5.33%2014-09-29 · ↓ down-fire (z=-2.57) · SPY 63d: −5.66%2014-09-30 · ↓ down-fire (z=-3.04) · SPY 63d: −5.37%2014-10-01 · ↓ down-fire (z=-2.74) · SPY 63d: −5.76%2014-10-02 · ↓ down-fire (z=-2.88) · SPY 63d: −5.68%2014-10-03 · ↓ down-fire (z=-3.01) · SPY 63d: −2.65%2014-10-06 · ↓ down-fire (z=-2.54) · SPY 63d: −1.80%2014-10-08 · ↓ down-fire (z=-2.58) · SPY 63d: −4.71%2014-10-31 · ↓ down-fire (z=-2.64) · SPY 63d: −1.58%2014-11-03 · ↓ down-fire (z=-2.51) · SPY 63d: −1.14%2014-11-04 · ↓ down-fire (z=-2.65) · SPY 63d: −2.51%2014-11-05 · ↓ down-fire (z=-2.96) · SPY 63d: −1.59%2014-11-06 · ↓ down-fire (z=-2.91) · SPY 63d: −0.73%2014-11-07 · ↓ down-fire (z=-2.62) · SPY 63d: −1.71%2014-11-10 · ↓ down-fire (z=-2.60) · SPY 63d: −1.45%2014-11-11 · ↓ down-fire (z=-2.55) · SPY 63d: −2.32%2014-11-12 · ↓ down-fire (z=-2.53) · SPY 63d: −2.85%2015-07-24 · ↓ down-fire (z=-2.55) · SPY 63d: +1.32%2016-04-19 · ↑ up-fire (z=2.97) · SPY 63d: +3.00%2016-04-20 · ↑ up-fire (z=3.11) · SPY 63d: +3.33%2016-04-21 · ↑ up-fire (z=2.95) · SPY 63d: +3.49%2016-04-22 · ↑ up-fire (z=2.62) · SPY 63d: +3.96%2016-04-25 · ↑ up-fire (z=2.69) · SPY 63d: +3.85%2016-04-26 · ↑ up-fire (z=2.75) · SPY 63d: +3.75%2016-04-27 · ↑ up-fire (z=2.91) · SPY 63d: +3.43%2016-04-28 · ↑ up-fire (z=3.16) · SPY 63d: +4.49%2016-04-29 · ↑ up-fire (z=3.34) · SPY 63d: +5.23%2016-05-02 · ↑ up-fire (z=3.07) · SPY 63d: +4.31%2016-05-03 · ↑ up-fire (z=2.78) · SPY 63d: +4.55%2016-05-06 · ↑ up-fire (z=2.63) · SPY 63d: +6.06%2016-06-30 · ↑ up-fire (z=2.52) · SPY 63d: +2.48%2016-07-01 · ↑ up-fire (z=3.23) · SPY 63d: +3.04%2016-07-05 · ↑ up-fire (z=3.38) · SPY 63d: +3.54%2016-07-06 · ↑ up-fire (z=3.48) · SPY 63d: +2.39%2016-07-07 · ↑ up-fire (z=3.09) · SPY 63d: +2.91%2016-07-08 · ↑ up-fire (z=3.18) · SPY 63d: +1.47%2016-07-11 · ↑ up-fire (z=3.22) · SPY 63d: +0.77%2016-07-12 · ↑ up-fire (z=3.03) · SPY 63d: +0.56%2016-07-13 · ↑ up-fire (z=3.10) · SPY 63d: −0.69%2016-07-14 · ↑ up-fire (z=2.94) · SPY 63d: −1.11%2016-07-15 · ↑ up-fire (z=2.76) · SPY 63d: −1.31%2016-07-18 · ↑ up-fire (z=2.64) · SPY 63d: −1.52%2016-07-19 · ↑ up-fire (z=2.54) · SPY 63d: −1.76%2017-07-07 · ↓ down-fire (z=-2.52) · SPY 63d: −5.18%2018-07-18 · ↓ down-fire (z=-2.52) · SPY 63d: +0.24%2018-07-19 · ↓ down-fire (z=-2.86) · SPY 63d: −0.16%2018-07-23 · ↓ down-fire (z=-2.66) · SPY 63d: +1.41%2018-08-13 · ↓ down-fire (z=-2.85) · SPY 63d: +1.54%2018-08-14 · ↓ down-fire (z=-2.63) · SPY 63d: +3.99%2018-08-15 · ↓ down-fire (z=-3.74) · SPY 63d: +3.45%2018-08-16 · ↓ down-fire (z=-3.08) · SPY 63d: +4.88%2018-08-17 · ↓ down-fire (z=-3.14) · SPY 63d: +4.22%2018-08-20 · ↓ down-fire (z=-2.97) · SPY 63d: +4.18%2018-08-21 · ↓ down-fire (z=-2.72) · SPY 63d: +6.02%2018-08-22 · ↓ down-fire (z=-2.67) · SPY 63d: +7.70%2018-08-23 · ↓ down-fire (z=-2.96) · SPY 63d: +7.27%2018-08-30 · ↓ down-fire (z=-2.75) · SPY 63d: +5.62%2018-08-31 · ↓ down-fire (z=-2.75) · SPY 63d: +5.05%2018-09-04 · ↓ down-fire (z=-3.25) · SPY 63d: +3.63%2018-09-05 · ↓ down-fire (z=-3.07) · SPY 63d: +6.50%2018-09-06 · ↓ down-fire (z=-3.04) · SPY 63d: +6.36%2018-09-07 · ↓ down-fire (z=-2.96) · SPY 63d: +8.36%2018-09-10 · ↓ down-fire (z=-2.86) · SPY 63d: +8.34%2018-09-11 · ↓ down-fire (z=-2.82) · SPY 63d: +8.62%2018-09-12 · ↓ down-fire (z=-2.56) · SPY 63d: +8.18%2018-09-13 · ↓ down-fire (z=-2.57) · SPY 63d: +8.75%2018-09-14 · ↓ down-fire (z=-2.63) · SPY 63d: +10.45%2019-07-22 · ↑ up-fire (z=2.59) · SPY 63d: +0.02%2019-07-23 · ↑ up-fire (z=2.66) · SPY 63d: −0.01%2019-07-24 · ↑ up-fire (z=2.89) · SPY 63d: −0.81%2019-07-30 · ↑ up-fire (z=2.54) · SPY 63d: +0.86%2019-08-07 · ↑ up-fire (z=3.51) · SPY 63d: +6.62%2019-08-08 · ↑ up-fire (z=2.96) · SPY 63d: +4.59%2019-08-09 · ↑ up-fire (z=2.87) · SPY 63d: +5.68%2019-08-12 · ↑ up-fire (z=3.04) · SPY 63d: +7.25%2019-08-13 · ↑ up-fire (z=2.82) · SPY 63d: +5.40%2019-08-14 · ↑ up-fire (z=3.23) · SPY 63d: +8.84%2019-08-15 · ↑ up-fire (z=3.03) · SPY 63d: +8.59%2019-08-16 · ↑ up-fire (z=2.81) · SPY 63d: +7.17%2019-08-20 · ↑ up-fire (z=2.74) · SPY 63d: +7.56%2019-08-21 · ↑ up-fire (z=2.68) · SPY 63d: +6.66%2019-08-23 · ↑ up-fire (z=2.97) · SPY 63d: +8.92%2019-08-26 · ↑ up-fire (z=3.22) · SPY 63d: +7.97%2019-08-27 · ↑ up-fire (z=3.84) · SPY 63d: +9.24%2019-08-28 · ↑ up-fire (z=3.90) · SPY 63d: +8.72%2019-08-29 · ↑ up-fire (z=3.55) · SPY 63d: +7.83%2019-08-30 · ↑ up-fire (z=3.44) · SPY 63d: +7.47%2019-09-03 · ↑ up-fire (z=4.41) · SPY 63d: +7.19%2019-09-04 · ↑ up-fire (z=4.53) · SPY 63d: +5.27%2019-09-05 · ↑ up-fire (z=3.47) · SPY 63d: +4.58%2019-09-06 · ↑ up-fire (z=2.60) · SPY 63d: +4.69%2019-09-09 · ↑ up-fire (z=2.60) · SPY 63d: +5.59%2019-09-10 · ↑ up-fire (z=2.56) · SPY 63d: +5.28%2019-09-23 · ↑ up-fire (z=2.68) · SPY 63d: +7.55%2019-09-24 · ↑ up-fire (z=2.54) · SPY 63d: +8.57%2020-03-13 · ↓ down-fire (z=-3.24) · SPY 63d: −12.96%2020-03-16 · ↓ down-fire (z=-5.11) · SPY 63d: −28.02%2020-03-17 · ↓ down-fire (z=-5.15) · SPY 63d: −23.80%2020-03-18 · ↓ down-fire (z=-5.60) · SPY 63d: −29.86%2020-03-19 · ↓ down-fire (z=-4.86) · SPY 63d: −29.63%2020-03-20 · ↓ down-fire (z=-4.37) · SPY 63d: −34.89%2020-03-23 · ↓ down-fire (z=-3.41) · SPY 63d: −39.32%2020-03-30 · ↓ down-fire (z=-2.55) · SPY 63d: −16.36%2020-04-01 · ↓ down-fire (z=-2.61) · SPY 63d: −26.15%2020-07-21 · ↑ up-fire (z=3.00) · SPY 63d: +5.23%2020-07-22 · ↑ up-fire (z=3.95) · SPY 63d: +5.05%2020-07-23 · ↑ up-fire (z=3.69) · SPY 63d: +6.12%2020-07-24 · ↑ up-fire (z=3.46) · SPY 63d: +7.40%2020-07-27 · ↑ up-fire (z=4.30) · SPY 63d: +6.98%2020-07-28 · ↑ up-fire (z=3.96) · SPY 63d: +5.67%2020-07-29 · ↑ up-fire (z=3.79) · SPY 63d: +4.03%2020-07-30 · ↑ up-fire (z=3.14) · SPY 63d: +0.83%2020-07-31 · ↑ up-fire (z=3.46) · SPY 63d: +1.06%2020-08-03 · ↑ up-fire (z=3.43) · SPY 63d: −0.68%2020-08-04 · ↑ up-fire (z=4.06) · SPY 63d: +0.04%2020-08-05 · ↑ up-fire (z=4.25) · SPY 63d: +1.18%2020-08-06 · ↑ up-fire (z=4.67) · SPY 63d: +2.76%2020-08-07 · ↑ up-fire (z=4.04) · SPY 63d: +4.68%2020-08-10 · ↑ up-fire (z=4.51) · SPY 63d: +4.35%2020-08-11 · ↑ up-fire (z=3.08) · SPY 63d: +6.54%2020-08-12 · ↑ up-fire (z=2.95) · SPY 63d: +4.92%2020-08-13 · ↑ up-fire (z=3.47) · SPY 63d: +5.89%2020-08-14 · ↑ up-fire (z=2.79) · SPY 63d: +4.86%2020-08-17 · ↑ up-fire (z=3.24) · SPY 63d: +5.97%2020-08-18 · ↑ up-fire (z=3.26) · SPY 63d: +7.07%2020-08-19 · ↑ up-fire (z=2.92) · SPY 63d: +6.94%2020-08-20 · ↑ up-fire (z=2.78) · SPY 63d: +5.32%2020-08-21 · ↑ up-fire (z=2.58) · SPY 63d: +5.39%2020-08-26 · ↑ up-fire (z=2.62) · SPY 63d: +4.50%2020-08-28 · ↑ up-fire (z=2.55) · SPY 63d: +3.73%2020-08-31 · ↑ up-fire (z=2.71) · SPY 63d: +3.65%2020-09-01 · ↑ up-fire (z=2.66) · SPY 63d: +3.81%2021-09-17 · ↓ down-fire (z=-2.66) · SPY 63d: −5.67%2021-09-20 · ↓ down-fire (z=-2.69) · SPY 63d: −5.95%2021-09-29 · ↓ down-fire (z=-2.83) · SPY 63d: −9.90%2022-05-12 · ↓ down-fire (z=-2.51) · SPY 63d: −8.86%2022-07-01 · ↓ down-fire (z=-2.67) · SPY 63d: +6.31%2022-07-05 · ↓ down-fire (z=-2.98) · SPY 63d: +4.02%2022-07-06 · ↓ down-fire (z=-2.87) · SPY 63d: +1.38%2022-07-07 · ↓ down-fire (z=-2.77) · SPY 63d: +3.06%2022-07-08 · ↓ down-fire (z=-2.67) · SPY 63d: +3.98%2022-07-11 · ↓ down-fire (z=-2.66) · SPY 63d: +5.58%2022-07-12 · ↓ down-fire (z=-2.70) · SPY 63d: +5.46%2022-07-14 · ↓ down-fire (z=-3.01) · SPY 63d: +5.65%2022-07-15 · ↓ down-fire (z=-2.70) · SPY 63d: +4.98%2022-07-19 · ↓ down-fire (z=-2.51) · SPY 63d: +6.49%2024-04-03 · ↑ up-fire (z=3.63) · SPY 63d: +6.17%2024-04-04 · ↑ up-fire (z=3.71) · SPY 63d: +8.10%2024-04-05 · ↑ up-fire (z=3.84) · SPY 63d: +7.11%2024-04-08 · ↑ up-fire (z=4.00) · SPY 63d: +7.15%2024-04-09 · ↑ up-fire (z=3.99) · SPY 63d: +8.09%2024-04-10 · ↑ up-fire (z=3.88) · SPY 63d: +8.24%2024-04-11 · ↑ up-fire (z=3.90) · SPY 63d: +8.11%2024-04-12 · ↑ up-fire (z=3.80) · SPY 63d: +9.92%2024-04-15 · ↑ up-fire (z=3.96) · SPY 63d: +11.97%2024-04-16 · ↑ up-fire (z=3.54) · SPY 63d: +10.61%2024-04-17 · ↑ up-fire (z=3.43) · SPY 63d: +10.41%2024-04-18 · ↑ up-fire (z=3.30) · SPY 63d: +9.90%2024-04-19 · ↑ up-fire (z=3.52) · SPY 63d: +12.01%2024-05-15 · ↑ up-fire (z=2.95) · SPY 63d: +4.40%2024-05-16 · ↑ up-fire (z=2.94) · SPY 63d: +4.85%2024-05-17 · ↑ up-fire (z=3.57) · SPY 63d: +5.70%2024-05-20 · ↑ up-fire (z=4.01) · SPY 63d: +5.40%2024-05-21 · ↑ up-fire (z=3.66) · SPY 63d: +5.51%2024-05-22 · ↑ up-fire (z=3.25) · SPY 63d: +4.98%2024-05-23 · ↑ up-fire (z=2.69) · SPY 63d: +6.88%2024-05-24 · ↑ up-fire (z=2.64) · SPY 63d: +5.92%2024-05-28 · ↑ up-fire (z=3.28) · SPY 63d: +5.99%2024-05-29 · ↑ up-fire (z=3.27) · SPY 63d: +6.12%2024-05-30 · ↑ up-fire (z=2.82) · SPY 63d: +6.84%2024-06-06 · ↑ up-fire (z=2.51) · SPY 63d: +1.07%2025-06-05 · ↑ up-fire (z=2.70) · SPY 63d: +9.14%2025-06-06 · ↑ up-fire (z=2.88) · SPY 63d: +8.29%2025-06-09 · ↑ up-fire (z=3.27) · SPY 63d: +8.45%2025-06-10 · ↑ up-fire (z=3.06) · SPY 63d: +8.15%2025-06-11 · ↑ up-fire (z=2.71) · SPY 63d: +9.36%2025-06-12 · ↑ up-fire (z=2.68) · SPY 63d: +8.89%2025-06-13 · ↑ up-fire (z=2.65) · SPY 63d: +10.71%2025-06-16 · ↑ up-fire (z=2.65) · SPY 63d: +9.51%2025-06-17 · ↑ up-fire (z=3.03) · SPY 63d: +10.32%2025-06-18 · ↑ up-fire (z=2.80) · SPY 63d: +10.85%2025-07-11 · ↑ up-fire (z=3.01) · SPY 63d: +7.62%2025-07-14 · ↑ up-fire (z=2.83) · SPY 63d: +4.52%2025-07-21 · ↑ up-fire (z=2.84) · SPY 63d: +5.67%2025-07-22 · ↑ up-fire (z=2.86) · SPY 63d: +6.75%2025-07-23 · ↑ up-fire (z=2.77) · SPY 63d: +5.85%2025-07-24 · ↑ up-fire (z=2.58) · SPY 63d: +5.26%2025-09-03 · ↑ up-fire (z=2.61) · SPY 63d: +5.87%2025-09-12 · ↑ up-fire (z=2.56) · SPY 63d: +4.83%2025-09-15 · ↑ up-fire (z=2.55) · SPY 63d: +3.16%2025-09-22 · ↑ up-fire (z=2.74) · SPY 63d: +2.06%2025-09-23 · ↑ up-fire (z=2.79) · SPY 63d: +3.26%2025-09-24 · ↑ up-fire (z=2.60) · SPY 63d: +4.06%2025-09-25 · ↑ up-fire (z=2.82) · SPY 63d: +4.91%2025-09-26 · ↑ up-fire (z=3.19) · SPY 63d: +4.30%2025-09-29 · ↑ up-fire (z=3.20) · SPY 63d: +3.64%2025-09-30 · ↑ up-fire (z=3.00) · SPY 63d: +3.13%2025-10-01 · ↑ up-fire (z=3.20) · SPY 63d: +2.02%2025-10-02 · ↑ up-fire (z=2.77) · SPY 63d: +2.08%2025-10-03 · ↑ up-fire (z=3.11) · SPY 63d: +2.77%2025-10-06 · ↑ up-fire (z=3.14) · SPY 63d: +3.01%2025-10-07 · ↑ up-fire (z=2.82) · SPY 63d: +3.06%2025-10-08 · ↑ up-fire (z=3.11) · SPY 63d: +2.44%2025-10-09 · ↑ up-fire (z=2.59) · SPY 63d: +3.41%2025-10-10 · ↑ up-fire (z=2.55) · SPY 63d: +6.45%2025-10-13 · ↑ up-fire (z=3.23) · SPY 63d: +4.63%2025-10-14 · ↑ up-fire (z=3.18) · SPY 63d: +4.25%2025-10-15 · ↑ up-fire (z=3.25) · SPY 63d: +4.07%2025-10-16 · ↑ up-fire (z=3.56) · SPY 63d: +4.70%2025-10-17 · ↑ up-fire (z=2.77) · SPY 63d: +1.98%2025-10-20 · ↑ up-fire (z=2.96) · SPY 63d: +2.10%2025-11-12 · ↑ up-fire (z=2.64) · SPY 63d: −0.24%2025-11-13 · ↑ up-fire (z=2.54) · SPY 63d: +1.61%2025-11-28 · ↑ up-fire (z=2.70) · SPY 63d: −0.45%2025-12-01 · ↑ up-fire (z=2.94) · SPY 63d: +0.71%2025-12-02 · ↑ up-fire (z=2.79) · SPY 63d: −0.03%2025-12-03 · ↑ up-fire (z=2.71) · SPY 63d: −1.68%2025-12-05 · ↑ up-fire (z=2.66) · SPY 63d: −1.24%2025-12-08 · ↑ up-fire (z=2.50) · SPY 63d: −1.07%2025-12-09 · ↑ up-fire (z=2.78) · SPY 63d: −2.49%2025-12-10 · ↑ up-fire (z=2.74) · SPY 63d: −3.68%2025-12-11 · ↑ up-fire (z=3.15) · SPY 63d: −2.92%2025-12-12 · ↑ up-fire (z=2.71) · SPY 63d: −1.61%2025-12-15 · ↑ up-fire (z=2.85) · SPY 63d: −2.83%2025-12-16 · ↑ up-fire (z=2.74) · SPY 63d: −2.81%2025-12-17 · ↑ up-fire (z=3.11) · SPY 63d: −3.40%2025-12-18 · ↑ up-fire (z=2.81) · SPY 63d: −3.12%2025-12-19 · ↑ up-fire (z=3.01) · SPY 63d: −4.03%2025-12-22 · ↑ up-fire (z=3.05) · SPY 63d: −4.09%2025-12-23 · ↑ up-fire (z=3.26) · SPY 63d: −6.23%2025-12-24 · ↑ up-fire (z=3.22) · SPY 63d: −8.15%2025-12-26 · ↑ up-fire (z=3.72) · SPY 63d: −8.45%2025-12-29 · ↑ up-fire (z=2.87) · SPY 63d: −5.45%2025-12-30 · ↑ up-fire (z=3.58) · SPY 63d: −4.62%2025-12-31 · ↑ up-fire (z=2.72) · SPY 63d: −3.83%2026-01-02 · ↑ up-fire (z=2.69) · SPY 63d: −3.55%2026-01-05 · ↑ up-fire (z=3.17) · SPY 63d: −4.14%2026-01-06 · ↑ up-fire (z=3.49) · SPY 63d: −2.28%2026-01-07 · ↑ up-fire (z=3.05) · SPY 63d: −1.40%2026-01-08 · ↑ up-fire (z=2.74) · SPY 63d: −1.46%2026-01-09 · ↑ up-fire (z=3.04) · SPY 63d: −1.15%2026-01-12 · ↑ up-fire (z=3.45) · SPY 63d: −0.10%2026-01-13 · ↑ up-fire (z=3.43) · SPY 63d: +0.89%2026-01-14 · ↑ up-fire (z=3.72) · SPY 63d: +1.64%2026-01-15 · ↑ up-fire (z=3.64) · SPY 63d: +2.59%2026-01-16 · ↑ up-fire (z=3.21) · SPY 63d: +2.47%2026-01-20 · ↑ up-fire (z=3.57) · SPY 63d: +3.91%2026-01-21 · ↑ up-fire (z=3.29) · SPY 63d: +3.77%2026-01-22 · ↑ up-fire (z=3.45) · SPY 63d: +2.83%2026-01-23 · ↑ up-fire (z=3.66) · SPY 63d: +3.58%2026-01-26 · ↑ up-fire (z=4.45) · SPY 63d: +3.24%2026-01-27 · ↑ up-fire (z=3.61) · SPY 63d: +2.33%2026-01-28 · ↑ up-fire (z=3.93) · SPY 63d: +2.32%2026-01-29 · ↑ up-fire (z=3.81) · SPY 63d: +3.55%2002-05-302013-04-242026-01-29
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.