Technical indicators: S&P 500
The classic trader's toolkit: moving averages, Bollinger Bands, RSI and MACD, with 10/30-day EMA crossovers marked. Below the chart we test whether any of these signals actually predicted the next day.
- RSI (14) latest
- 56.7
- MACD histogram
- +8.09
- Bullish EMA crosses
- 107
- Bearish EMA crosses
- 106
Do the signals work?
Next-day outcome after each indicator state, in the selected range
Takeaway Over 6,722 days, 0 of 10 signal states differ from the 53.7% average by more than their 95% range. The most extreme, Bollinger below lower band (59% up), rests on just 338 days.