SPX from 100 to 1600 in calendar days
with S&P 500 Index within touching distance to 1600 , here the details , how many calender days it took to cross each hundred ( first closing above round number),
assuming it closes above 1600 today ..( if not keep a timer …)
if you are trader trading the magnet effect , like Monroe Trout who likes to trade the “magnet effect”- the tendency of markets to get to round numbers.
below the details of next day change% when ever S&P 500 Index crosses above a new big round number,
67% times up for the next day , with an average gain of 0.3% and a median change % of 0.16% when a new round number is broken for the first time
We know what does log mean , before you start giving gyan that above needs to plotted and calculated on log scale and we also know there exists a total returns index as well ..