What Happens The Day After S&P 500 (SPY) Is Down? (Backtest Of Potential Strategy)

Last Updated on May 8, 2023

One of the most known factors in investing is momentum. Momentum states that an asset that has been going up is more likely to keep going up in the future than to fall. It has been widely researched by academia and proven by multiple studies that it works. However, in the short term, the story might be different. We present a possible trading strategy.

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