The SPX cash index will close at a lower dollar value Feb 24 at market close than it opens Monday Feb 20
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Can you clarify which will be the reference comparison level? The resolution criteria in the description refers to the Monday Feb 20 open, but there was no trading on Monday due to the Presidents Day holiday.
The index closed last Friday at 4079.09 and opened Tuesday at 4052.35. Which of those must the Feb 24 close remain below to qualify as a decline and thus resolve YES?
Unfortunately I’ll have to stay away from this, given the author’s position and lack of activity here.
@deagol Some bad wording there. Just meant it would close lower on the week than the open. Sorry about that
@JohnCunningham So it was Tuesday’s open? Also, you resolved while the week’s close isn’t in yet (granted it’s very unlikely to change the outcome).
@deagol Tuesday open , which was THIS week opened at 4052 and closed 3970. last weeks close would not have changed the results.
I’ll be more clear next time