Trading Edge 15
Instrument/asset
S&P 500 (SPY)
Trading rules
The trading rules of the edge read like this (please also backtest yourself – you might find a way to improve it):
- RSI(2) is above 70; and
- Today is Monday; and
- the close is below the 200-day moving average.
Results
Trading performance if exit after N-days (100 000 and compounding):

The edge seems pretty strong to the downside.
