Is there a way to know historically how often do we see >5% one day rally?

Need an assessment about today’s situation and see if it will continue to rally the next 2 days…

 

What about SPX?

And what about next day? I mean, the next day after a surprise rally?

 

Is there a way to know historically how often do we see >5% one day rally?

Maybe you could download historical data from finance.yahoo.com in "csv" format, pull it into a spreadsheet, and calculate the one-day change for all days in history. Then you could pick a time interval that you think is relevant (1960 to today? 1985 to today? 2003 to today?) and count up the number of >5% rallies in that interval.

 

10,000 soon on the dow

buy all you can

 

biggest jumps are always in a bear market

bulls give up and sell slowly

bears cover quickly, and violently