Failed Bounce Trading Strategy – (A Failed Bounce Is Normally Followed By Rising Prices)
The failed bounce trading strategy: Rob Hanna at Quantifiable Edges had an interesting article some days ago about bounces in the S&P 500. Let’s test his idea and turn it into a testable hypothesis: (This article was first published in 2012. Since then, we have updated the charts, and the strategy is still performing well.)…