The S&P500, posting its fourth straight increase, moved .41 percent higher; the NASDAQ, up for the third successive day, improved .74 percent; and the DJIA added .07 percent more than double its loss of the day before. This yields a pattern of +3, +2, and +1 for these three indicators.
This unusual result has just 10 previous forerunners, with three of these since January 2000. The startling upshot of this history is that all ten of these closes happened during major upswings. Further, they came during the early phase of each expansion.
Looking at the record for the day following, prices moved higher eight times for the DJIA and the S&P500, declining twice. The NASDAQ fell three times, increasing on the other seven closes.
The count for the three since-2000 previous closes yields an even stronger result: the S&P500 moved higher on all three days, while the DJIA and the NASDAQ fell once but moved higher twice.
DJIA .07 percent
NASDAQ .74 percent
S&P500 .41 percent