Odds for a bounce after XJO Is down for 5+ days in row
With XJO down for 5 days in row below a quantified observations for a bounce on XJO going forward .
1) XJO down for 5 or more days in row , since 2003
Below the trading odds for the next 1/2/3/4/5 trading days , assuming one goes long at close
| Exit | # | Wins | % Wins | Avg% | Med% | Avg Win % | Avg Loss % | Pay Off | Max Loss % |
| t+1 | 48 | 31 | 64.6 | 0.28 | 0.35 | 1.14 | -1.29 | 0.88 | -7.05 |
| t+2 | 48 | 29 | 60.4 | 0.29 | 0.52 | 1.66 | -1.80 | 0.93 | -9.75 |
| t+3 | 48 | 32 | 66.7 | 0.42 | 0.63 | 2.02 | -2.80 | 0.72 | -10.51 |
| t+4 | 48 | 32 | 66.7 | 0.62 | 0.83 | 2.50 | -3.14 | 0.80 | -10.72 |
| t+5 | 48 | 31 | 64.6 | 0.79 | 0.94 | 2.92 | -3.10 | 0.94 | -12.97 |
2) XJO down for exactly 5 days in row , since 2003
| Exit | # | Wins | % Wins | Avg% | Med% | Avg Win % | Avg Loss % | Pay Off | Max Loss % |
| t+1 | 31 | 23 | 74.2 | 0.68 | 0.57 | 1.14 | -0.62 | 1.84 | -1.48 |
| t+2 | 31 | 21 | 67.7 | 0.81 | 0.59 | 1.52 | -0.67 | 2.27 | -2.09 |
| t+3 | 31 | 23 | 74.2 | 0.80 | 0.63 | 1.67 | -1.69 | 0.99 | -3.65 |
| t+4 | 31 | 22 | 71.0 | 1.10 | 1.08 | 2.28 | -1.81 | 1.26 | -4.51 |
| t+5 | 31 | 22 | 71.0 | 1.31 | 0.73 | 2.65 | -1.96 | 1.35 | -4.44 |
3) XJO down for exactly 5 days in row , and close is above 200-DMA , since 2003
| Exit | # | Wins | % Wins | Avg% | Med% | Avg Win % | Avg Loss % | Pay Off | Max Loss % |
| t+1 | 15 | 13 | 86.7 | 0.63 | 0.46 | 0.79 | -0.44 | 1.79 | -0.54 |
| t+2 | 15 | 11 | 73.3 | 0.83 | 0.93 | 1.19 | -0.17 | 7.08 | -0.34 |
| t+3 | 15 | 12 | 80.0 | 0.63 | 0.63 | 0.97 | -0.74 | 1.31 | -1.01 |
| t+4 | 15 | 10 | 66.7 | 0.65 | 0.75 | 1.38 | -0.81 | 1.69 | -2.33 |
| t+5 | 15 | 10 | 66.7 | 0.50 | 0.65 | 1.41 | -1.33 | 1.06 | -4.44 |
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