đ Is Friday the most likely day for market fluctuations?
As shown in the figure below: After simple statistics, the green arrows indicate a significant rise during the past four months, the red arrows indicate a significant fall, and the white arrows indicate no significant fluctuations;
Through calculation, we can obtain:
The probability of a significant fluctuation on Friday is as high as 85%!
Among them, the probability of rise and fall is close, so it cannot be used to predict price trends;
But there is a rule that if there is a big rise on Friday, there is a high probability of a correction on the next Monday, and if there is a big fall on Friday, there is a high probability of a strong rebound on the next Monday.
The two days of the weekend seem to be a buffer, giving the funds that pull the market time to ship, and giving the funds that smash the market time to absorb.
So every Friday night, you can consider doing a short-term breakthrough transaction and stop profit during the weekend.
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