VOL. I · NO. 119 · standardpoorly.comWED · JUN 03 · 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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StandardequitiesSP-2357

TAN Solar ETF

Invesco Solar — clean-energy / rate-sensitive renewables sentiment.

the verdict —
At the 63d horizon, this signal hits in the predicted direction 52% of fires. Mean SPY forward return when it lights: -0.20%. Status: OOS validated. n = 4489. Bearish on the underlying when fired.

Current state

Latest value · 2026-06-01
71.1
vs ~6 weeks ago
29%
vs 60 days ago
32%
vs 7 days ago
13%
last 90 observations · 2026-01-22 2026-06-01

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.

TAN Solar ETF
71.13 +38.78 (+119.88%) over 1Y
Hover for date + value · Toggle SPY to compare relative move · Switch to Candle for OHLC view
75.6164.2452.8841.5130.14May 25Aug 25Nov 25Mar 26Jun 26
2025-05-30 → 2026-06-01 · 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.

49%
−0.02%
1 d
51%
−0.04%
1 wk
51%
−0.18%
1 mo
52%
−0.20%
3 mo
51%
+0.06%
6 mo
50%
+0.04%
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=4,489
-0.02%
49% same direction
-0.04%
51% same direction
-0.18%
51% same direction
-0.20%
52% same direction
+0.06%
51% same direction
+0.04%
50% same direction
MOVE
bond volatility
n=4,532
+0.34%
52% same direction
+1.0%
53% same direction
+3.1%
54% same direction
+5.2%
52% same direction
+3.9%
54% same direction
+5.3%
53% same direction
Analyst · 6 moreWTI · Gold · BTC · Copper · DXY · 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:
263 fires · 61% positive · avg +0.50%
−39.3%−19.7%0%+19.7%+39.3%2008-09-09 · ↓ down-fire (z=-2.89) · SPY 63d: +26.15%2008-09-11 · ↓ down-fire (z=-2.56) · SPY 63d: +28.21%2008-09-15 · ↓ down-fire (z=-2.62) · SPY 63d: +25.90%2008-09-29 · ↓ down-fire (z=-3.14) · SPY 63d: +21.97%2008-09-30 · ↓ down-fire (z=-2.54) · SPY 63d: +23.29%2008-10-02 · ↓ down-fire (z=-2.83) · SPY 63d: +16.89%2008-10-03 · ↓ down-fire (z=-3.01) · SPY 63d: +15.85%2008-10-06 · ↓ down-fire (z=-3.34) · SPY 63d: +10.74%2008-10-07 · ↓ down-fire (z=-3.93) · SPY 63d: +9.36%2008-10-08 · ↓ down-fire (z=-3.69) · SPY 63d: +6.64%2008-10-09 · ↓ down-fire (z=-3.68) · SPY 63d: +1.77%2008-10-10 · ↓ down-fire (z=-3.42) · SPY 63d: +1.75%2008-10-13 · ↓ down-fire (z=-2.71) · SPY 63d: +14.05%2008-10-14 · ↓ down-fire (z=-2.76) · SPY 63d: +15.50%2008-10-15 · ↓ down-fire (z=-3.10) · SPY 63d: +6.24%2008-10-16 · ↓ down-fire (z=-2.84) · SPY 63d: +9.29%2008-10-17 · ↓ down-fire (z=-2.74) · SPY 63d: +13.56%2008-10-20 · ↓ down-fire (z=-2.51) · SPY 63d: +14.94%2008-10-21 · ↓ down-fire (z=-2.59) · SPY 63d: +13.68%2008-10-22 · ↓ down-fire (z=-2.81) · SPY 63d: +8.31%2008-10-23 · ↓ down-fire (z=-2.93) · SPY 63d: +8.74%2008-10-24 · ↓ down-fire (z=-2.96) · SPY 63d: +2.88%2008-10-27 · ↓ down-fire (z=-3.07) · SPY 63d: −4.10%2008-10-28 · ↓ down-fire (z=-2.87) · SPY 63d: +9.82%2008-10-29 · ↓ down-fire (z=-2.69) · SPY 63d: +11.01%2008-11-20 · ↓ down-fire (z=-2.51) · SPY 63d: −2.69%2010-05-18 · ↓ down-fire (z=-2.60) · SPY 63d: +2.50%2010-05-19 · ↓ down-fire (z=-2.62) · SPY 63d: +1.76%2010-05-20 · ↓ down-fire (z=-2.79) · SPY 63d: −0.32%2010-05-24 · ↓ down-fire (z=-2.71) · SPY 63d: +0.55%2010-05-25 · ↓ down-fire (z=-2.75) · SPY 63d: +2.12%2010-05-26 · ↓ down-fire (z=-2.63) · SPY 63d: +1.15%2010-06-07 · ↓ down-fire (z=-2.55) · SPY 63d: −5.12%2011-06-10 · ↓ down-fire (z=-2.55) · SPY 63d: +9.15%2011-08-04 · ↓ down-fire (z=-2.77) · SPY 63d: −3.10%2011-08-05 · ↓ down-fire (z=-2.79) · SPY 63d: −5.14%2011-08-08 · ↓ down-fire (z=-3.41) · SPY 63d: −11.78%2011-08-09 · ↓ down-fire (z=-2.87) · SPY 63d: −7.47%2011-08-10 · ↓ down-fire (z=-3.06) · SPY 63d: −13.88%2011-08-11 · ↓ down-fire (z=-2.55) · SPY 63d: −4.97%2011-08-18 · ↓ down-fire (z=-2.81) · SPY 63d: −8.36%2011-08-19 · ↓ down-fire (z=-3.14) · SPY 63d: −8.41%2011-08-22 · ↓ down-fire (z=-3.11) · SPY 63d: −8.21%2011-09-06 · ↓ down-fire (z=-2.54) · SPY 63d: −7.89%2011-09-08 · ↓ down-fire (z=-2.51) · SPY 63d: −6.46%2011-09-09 · ↓ down-fire (z=-2.62) · SPY 63d: −6.93%2011-09-12 · ↓ down-fire (z=-2.58) · SPY 63d: −8.04%2011-09-19 · ↓ down-fire (z=-2.54) · SPY 63d: −1.06%2011-09-20 · ↓ down-fire (z=-2.71) · SPY 63d: −0.10%2011-09-21 · ↓ down-fire (z=-2.82) · SPY 63d: −6.26%2011-09-22 · ↓ down-fire (z=-2.93) · SPY 63d: −10.02%2011-09-23 · ↓ down-fire (z=-2.77) · SPY 63d: −10.33%2011-09-26 · ↓ down-fire (z=-2.73) · SPY 63d: −8.73%2011-09-27 · ↓ down-fire (z=-2.61) · SPY 63d: −7.61%2011-09-28 · ↓ down-fire (z=-2.73) · SPY 63d: −8.42%2011-09-29 · ↓ down-fire (z=-2.67) · SPY 63d: −8.68%2011-09-30 · ↓ down-fire (z=-2.73) · SPY 63d: −10.91%2011-10-03 · ↓ down-fire (z=-2.85) · SPY 63d: −15.98%2011-10-04 · ↓ down-fire (z=-2.66) · SPY 63d: −13.67%2011-10-05 · ↓ down-fire (z=-2.52) · SPY 63d: −11.90%2013-02-19 · ↑ up-fire (z=2.51) · SPY 63d: +8.93%2013-05-13 · ↑ up-fire (z=2.86) · SPY 63d: +3.41%2013-05-14 · ↑ up-fire (z=2.64) · SPY 63d: +2.65%2013-05-15 · ↑ up-fire (z=2.95) · SPY 63d: +1.58%2013-05-16 · ↑ up-fire (z=2.70) · SPY 63d: +0.63%2013-05-17 · ↑ up-fire (z=3.22) · SPY 63d: −0.66%2013-05-20 · ↑ up-fire (z=4.03) · SPY 63d: −1.29%2013-05-21 · ↑ up-fire (z=3.98) · SPY 63d: −0.95%2013-05-22 · ↑ up-fire (z=2.88) · SPY 63d: −0.83%2013-05-23 · ↑ up-fire (z=3.04) · SPY 63d: +0.37%2013-05-24 · ↑ up-fire (z=3.17) · SPY 63d: +0.79%2013-05-28 · ↑ up-fire (z=3.25) · SPY 63d: −0.18%2013-05-29 · ↑ up-fire (z=3.08) · SPY 63d: −1.14%2013-05-30 · ↑ up-fire (z=3.28) · SPY 63d: −1.16%2013-05-31 · ↑ up-fire (z=2.79) · SPY 63d: +0.44%2013-06-03 · ↑ up-fire (z=2.71) · SPY 63d: −0.43%2013-06-04 · ↑ up-fire (z=2.51) · SPY 63d: +0.51%2013-06-10 · ↑ up-fire (z=2.79) · SPY 63d: +1.72%2013-10-01 · ↑ up-fire (z=2.73) · SPY 63d: +9.06%2013-10-02 · ↑ up-fire (z=2.74) · SPY 63d: +8.12%2013-10-03 · ↑ up-fire (z=2.54) · SPY 63d: +9.11%2013-10-04 · ↑ up-fire (z=2.57) · SPY 63d: +7.98%2013-10-07 · ↑ up-fire (z=2.56) · SPY 63d: +9.59%2013-10-11 · ↑ up-fire (z=2.52) · SPY 63d: +6.71%2013-10-16 · ↑ up-fire (z=2.54) · SPY 63d: +7.18%2013-10-17 · ↑ up-fire (z=2.57) · SPY 63d: +6.02%2013-10-18 · ↑ up-fire (z=2.65) · SPY 63d: +5.61%2013-10-21 · ↑ up-fire (z=2.68) · SPY 63d: +5.68%2013-10-22 · ↑ up-fire (z=2.77) · SPY 63d: +4.21%2013-10-23 · ↑ up-fire (z=2.52) · SPY 63d: +2.48%2014-10-10 · ↓ down-fire (z=-2.61) · SPY 63d: −6.36%2014-10-13 · ↓ down-fire (z=-3.14) · SPY 63d: −7.83%2014-10-14 · ↓ down-fire (z=-2.90) · SPY 63d: −7.01%2014-10-15 · ↓ down-fire (z=-2.80) · SPY 63d: −6.75%2016-11-09 · ↓ down-fire (z=-2.57) · SPY 63d: −6.99%2016-11-10 · ↓ down-fire (z=-2.60) · SPY 63d: −7.31%2016-11-11 · ↓ down-fire (z=-2.62) · SPY 63d: −7.98%2016-11-14 · ↓ down-fire (z=-2.55) · SPY 63d: −8.46%2016-11-18 · ↓ down-fire (z=-2.52) · SPY 63d: −8.14%2016-11-21 · ↓ down-fire (z=-2.62) · SPY 63d: −7.40%2017-07-12 · ↑ up-fire (z=2.81) · SPY 63d: +4.35%2017-07-13 · ↑ up-fire (z=2.66) · SPY 63d: +4.34%2017-07-14 · ↑ up-fire (z=3.23) · SPY 63d: +3.70%2017-07-17 · ↑ up-fire (z=3.16) · SPY 63d: +3.84%2017-07-18 · ↑ up-fire (z=3.52) · SPY 63d: +3.92%2017-07-19 · ↑ up-fire (z=4.03) · SPY 63d: +3.43%2017-07-20 · ↑ up-fire (z=3.83) · SPY 63d: +3.49%2017-07-21 · ↑ up-fire (z=3.54) · SPY 63d: +3.61%2017-07-24 · ↑ up-fire (z=3.55) · SPY 63d: +4.17%2017-07-25 · ↑ up-fire (z=3.30) · SPY 63d: +3.51%2017-07-26 · ↑ up-fire (z=3.17) · SPY 63d: +3.69%2017-07-27 · ↑ up-fire (z=2.98) · SPY 63d: +3.27%2017-07-28 · ↑ up-fire (z=3.27) · SPY 63d: +3.53%2017-07-31 · ↑ up-fire (z=3.20) · SPY 63d: +4.43%2017-08-01 · ↑ up-fire (z=3.19) · SPY 63d: +3.81%2017-08-02 · ↑ up-fire (z=2.78) · SPY 63d: +3.92%2017-08-03 · ↑ up-fire (z=2.88) · SPY 63d: +4.26%2017-08-04 · ↑ up-fire (z=3.00) · SPY 63d: +4.12%2017-08-07 · ↑ up-fire (z=3.28) · SPY 63d: +4.27%2017-08-08 · ↑ up-fire (z=2.93) · SPY 63d: +4.69%2017-08-09 · ↑ up-fire (z=2.73) · SPY 63d: +4.62%2017-08-15 · ↑ up-fire (z=2.58) · SPY 63d: +4.79%2018-08-14 · ↓ down-fire (z=-2.60) · SPY 63d: +3.99%2018-08-15 · ↓ down-fire (z=-2.96) · SPY 63d: +3.45%2018-08-16 · ↓ down-fire (z=-2.83) · SPY 63d: +4.88%2018-08-17 · ↓ down-fire (z=-2.76) · SPY 63d: +4.22%2018-10-10 · ↓ down-fire (z=-2.66) · SPY 63d: +6.94%2018-10-11 · ↓ down-fire (z=-2.75) · SPY 63d: +5.43%2018-10-12 · ↓ down-fire (z=-2.58) · SPY 63d: +5.65%2018-10-23 · ↓ down-fire (z=-2.60) · SPY 63d: +2.86%2018-10-24 · ↓ down-fire (z=-2.81) · SPY 63d: +0.59%2018-10-25 · ↓ down-fire (z=-2.54) · SPY 63d: +2.47%2018-10-26 · ↓ down-fire (z=-2.69) · SPY 63d: −0.85%2018-10-29 · ↓ down-fire (z=-2.71) · SPY 63d: −2.30%2020-01-14 · ↑ up-fire (z=2.52) · SPY 63d: −15.17%2020-01-17 · ↑ up-fire (z=2.52) · SPY 63d: −15.17%2020-02-04 · ↑ up-fire (z=2.53) · SPY 63d: −13.03%2020-02-05 · ↑ up-fire (z=2.79) · SPY 63d: −14.60%2020-02-06 · ↑ up-fire (z=2.93) · SPY 63d: −13.86%2020-02-07 · ↑ up-fire (z=2.69) · SPY 63d: −11.97%2020-02-10 · ↑ up-fire (z=2.84) · SPY 63d: −12.60%2020-02-11 · ↑ up-fire (z=3.49) · SPY 63d: −14.49%2020-02-12 · ↑ up-fire (z=4.24) · SPY 63d: −16.54%2020-02-13 · ↑ up-fire (z=3.73) · SPY 63d: −15.45%2020-02-14 · ↑ up-fire (z=3.53) · SPY 63d: −15.20%2020-02-18 · ↑ up-fire (z=3.50) · SPY 63d: −12.39%2020-02-19 · ↑ up-fire (z=4.72) · SPY 63d: −13.71%2020-02-20 · ↑ up-fire (z=4.92) · SPY 63d: −11.88%2020-02-21 · ↑ up-fire (z=4.18) · SPY 63d: −11.58%2020-02-24 · ↑ up-fire (z=3.41) · SPY 63d: −8.37%2020-02-25 · ↑ up-fire (z=2.77) · SPY 63d: −4.34%2020-02-26 · ↑ up-fire (z=2.73) · SPY 63d: −2.56%2020-03-04 · ↑ up-fire (z=2.70) · SPY 63d: −0.22%2020-03-05 · ↑ up-fire (z=2.57) · SPY 63d: +2.94%2020-03-16 · ↓ down-fire (z=-2.63) · SPY 63d: −28.02%2020-03-18 · ↓ down-fire (z=-2.72) · SPY 63d: −29.86%2020-03-23 · ↓ down-fire (z=-2.57) · SPY 63d: −39.32%2020-07-08 · ↑ up-fire (z=2.51) · SPY 63d: +5.93%2020-07-14 · ↑ up-fire (z=2.63) · SPY 63d: +10.51%2020-07-15 · ↑ up-fire (z=2.76) · SPY 63d: +8.79%2020-07-17 · ↑ up-fire (z=2.64) · SPY 63d: +8.01%2020-07-20 · ↑ up-fire (z=2.95) · SPY 63d: +7.08%2020-07-21 · ↑ up-fire (z=2.84) · SPY 63d: +5.23%2020-07-22 · ↑ up-fire (z=2.81) · SPY 63d: +5.05%2020-07-23 · ↑ up-fire (z=2.82) · SPY 63d: +6.12%2020-07-24 · ↑ up-fire (z=2.50) · SPY 63d: +7.40%2020-07-27 · ↑ up-fire (z=2.72) · SPY 63d: +6.98%2020-08-04 · ↑ up-fire (z=2.90) · SPY 63d: +0.04%2020-08-05 · ↑ up-fire (z=3.12) · SPY 63d: +1.18%2020-08-06 · ↑ up-fire (z=2.91) · SPY 63d: +2.76%2020-08-07 · ↑ up-fire (z=3.01) · SPY 63d: +4.68%2020-08-10 · ↑ up-fire (z=2.94) · SPY 63d: +4.35%2020-08-11 · ↑ up-fire (z=2.60) · SPY 63d: +6.54%2020-08-12 · ↑ up-fire (z=2.77) · SPY 63d: +4.92%2020-08-13 · ↑ up-fire (z=2.90) · SPY 63d: +5.89%2020-08-14 · ↑ up-fire (z=2.69) · SPY 63d: +4.86%2020-08-17 · ↑ up-fire (z=2.74) · SPY 63d: +5.97%2020-08-18 · ↑ up-fire (z=2.68) · SPY 63d: +7.07%2020-08-19 · ↑ up-fire (z=2.66) · SPY 63d: +6.94%2020-08-21 · ↑ up-fire (z=2.50) · SPY 63d: +5.39%2020-08-24 · ↑ up-fire (z=2.60) · SPY 63d: +3.62%2020-08-25 · ↑ up-fire (z=2.75) · SPY 63d: +3.88%2020-08-26 · ↑ up-fire (z=2.66) · SPY 63d: +4.50%2020-08-27 · ↑ up-fire (z=2.61) · SPY 63d: +4.11%2020-08-28 · ↑ up-fire (z=2.78) · SPY 63d: +3.73%2020-08-31 · ↑ up-fire (z=2.70) · SPY 63d: +3.65%2020-09-01 · ↑ up-fire (z=2.73) · SPY 63d: +3.81%2020-09-02 · ↑ up-fire (z=2.59) · SPY 63d: +2.54%2020-09-30 · ↑ up-fire (z=2.65) · SPY 63d: +11.08%2020-10-01 · ↑ up-fire (z=2.82) · SPY 63d: +10.93%2020-10-02 · ↑ up-fire (z=2.69) · SPY 63d: +10.47%2020-10-05 · ↑ up-fire (z=3.00) · SPY 63d: +9.29%2020-10-06 · ↑ up-fire (z=2.98) · SPY 63d: +11.53%2020-10-07 · ↑ up-fire (z=3.24) · SPY 63d: +11.25%2020-10-08 · ↑ up-fire (z=3.12) · SPY 63d: +10.90%2020-10-09 · ↑ up-fire (z=3.08) · SPY 63d: +9.18%2020-10-12 · ↑ up-fire (z=2.77) · SPY 63d: +7.47%2020-10-13 · ↑ up-fire (z=2.77) · SPY 63d: +8.47%2020-10-14 · ↑ up-fire (z=2.79) · SPY 63d: +8.77%2020-10-15 · ↑ up-fire (z=2.59) · SPY 63d: +8.12%2020-10-16 · ↑ up-fire (z=2.52) · SPY 63d: +9.03%2020-10-19 · ↑ up-fire (z=2.55) · SPY 63d: +12.25%2020-10-20 · ↑ up-fire (z=2.72) · SPY 63d: +11.90%2020-12-22 · ↑ up-fire (z=2.62) · SPY 63d: +6.12%2020-12-23 · ↑ up-fire (z=2.60) · SPY 63d: +7.73%2021-01-06 · ↑ up-fire (z=2.76) · SPY 63d: +9.36%2021-01-07 · ↑ up-fire (z=2.99) · SPY 63d: +8.54%2021-01-08 · ↑ up-fire (z=2.80) · SPY 63d: +7.97%2021-01-11 · ↑ up-fire (z=2.57) · SPY 63d: +9.02%2021-01-12 · ↑ up-fire (z=2.52) · SPY 63d: +8.63%2022-01-21 · ↓ down-fire (z=-2.66) · SPY 63d: +2.73%2022-01-24 · ↓ down-fire (z=-2.52) · SPY 63d: +2.58%2022-01-25 · ↓ down-fire (z=-2.74) · SPY 63d: +4.23%2022-01-26 · ↓ down-fire (z=-2.68) · SPY 63d: +3.72%2022-01-27 · ↓ down-fire (z=-2.93) · SPY 63d: +0.80%2022-01-28 · ↓ down-fire (z=-2.84) · SPY 63d: +6.78%2022-02-03 · ↓ down-fire (z=-2.59) · SPY 63d: +7.34%2023-08-02 · ↓ down-fire (z=-2.64) · SPY 63d: +7.09%2023-08-03 · ↓ down-fire (z=-2.53) · SPY 63d: +5.83%2023-08-04 · ↓ down-fire (z=-2.68) · SPY 63d: +3.59%2023-08-07 · ↓ down-fire (z=-2.73) · SPY 63d: +3.55%2023-08-08 · ↓ down-fire (z=-2.70) · SPY 63d: +2.91%2023-08-11 · ↓ down-fire (z=-2.60) · SPY 63d: +2.65%2023-08-14 · ↓ down-fire (z=-2.51) · SPY 63d: +1.67%2023-08-15 · ↓ down-fire (z=-2.96) · SPY 63d: +0.61%2023-08-16 · ↓ down-fire (z=-3.17) · SPY 63d: −2.07%2023-08-17 · ↓ down-fire (z=-3.27) · SPY 63d: −3.07%2023-08-18 · ↓ down-fire (z=-3.22) · SPY 63d: −3.15%2023-08-21 · ↓ down-fire (z=-3.24) · SPY 63d: −2.61%2023-08-22 · ↓ down-fire (z=-3.26) · SPY 63d: −3.68%2023-08-23 · ↓ down-fire (z=-2.99) · SPY 63d: −2.31%2023-08-24 · ↓ down-fire (z=-3.15) · SPY 63d: −4.15%2023-08-25 · ↓ down-fire (z=-2.94) · SPY 63d: −3.48%2023-08-28 · ↓ down-fire (z=-2.81) · SPY 63d: −2.65%2023-09-07 · ↓ down-fire (z=-2.60) · SPY 63d: −2.23%2023-09-08 · ↓ down-fire (z=-2.54) · SPY 63d: −2.85%2023-10-02 · ↓ down-fire (z=-2.57) · SPY 63d: −10.61%2023-10-03 · ↓ down-fire (z=-2.74) · SPY 63d: −11.20%2023-10-04 · ↓ down-fire (z=-2.64) · SPY 63d: −10.04%2023-10-05 · ↓ down-fire (z=-2.74) · SPY 63d: −10.23%2023-10-06 · ↓ down-fire (z=-2.55) · SPY 63d: −10.49%2023-10-09 · ↓ down-fire (z=-2.57) · SPY 63d: −9.62%2023-10-20 · ↓ down-fire (z=-2.55) · SPY 63d: −15.12%2023-10-23 · ↓ down-fire (z=-2.53) · SPY 63d: −15.44%2023-10-25 · ↓ down-fire (z=-2.54) · SPY 63d: −16.73%2023-10-27 · ↓ down-fire (z=-2.61) · SPY 63d: −19.53%2023-10-30 · ↓ down-fire (z=-2.51) · SPY 63d: −16.19%2024-11-12 · ↓ down-fire (z=-2.69) · SPY 63d: −2.14%2024-11-13 · ↓ down-fire (z=-2.58) · SPY 63d: −2.40%2024-11-15 · ↓ down-fire (z=-2.66) · SPY 63d: −4.21%2024-11-18 · ↓ down-fire (z=-2.52) · SPY 63d: −2.00%2024-11-19 · ↓ down-fire (z=-2.64) · SPY 63d: −1.17%2025-04-07 · ↓ down-fire (z=-2.53) · SPY 63d: −23.73%2025-04-08 · ↓ down-fire (z=-2.93) · SPY 63d: −26.05%2025-04-10 · ↓ down-fire (z=-2.63) · SPY 63d: −19.11%2025-08-18 · ↑ up-fire (z=2.72) · SPY 63d: +4.45%2025-08-22 · ↑ up-fire (z=2.61) · SPY 63d: +1.12%2025-09-05 · ↑ up-fire (z=2.85) · SPY 63d: +5.74%2025-09-08 · ↑ up-fire (z=2.57) · SPY 63d: +5.68%2025-10-02 · ↑ up-fire (z=2.51) · SPY 63d: +2.08%2025-10-09 · ↑ up-fire (z=2.54) · SPY 63d: +3.41%2025-10-15 · ↑ up-fire (z=2.63) · SPY 63d: +4.07%2025-11-10 · ↑ up-fire (z=2.51) · SPY 63d: +1.54%2008-09-092018-10-252025-11-10
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.
Analyst · previewYou're seeing the public read on this signal. Analyst unlocks the full multi-year track record + bootstrap confidence intervals + an alert when this indicator fires. Trader adds the walk-forward backtest + intraday refresh + the API / MCP to pull this signal into Claude.Compare tiers →