What day of the week will be the next >=5% change in the S&P 500?
10
245Ṁ2110resolved Apr 10
100%98.5%
Friday
0.4%
Monday
0.3%
Tuesday
0.4%
Wednesday
0.3%
Thursday
i.e. if it ended on say, tuesday at 1000. And then at end of day weds it is 1050 or higher, or 950 or lower, then the answer is WEDNESDAY.
We take (end of prior day) => (end of day in question) as the change, so that we treat "overnight changes" as being part of the subsequent day.
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@Bayesian presumably this just continues indefinitely (and it would be very strange for it to never happen on any week day)
@Ziddletwix yes forever, hmm but didn't it drop 5% the other day? I've got to look up when that was...
@Ernie yeah it dropped >5% last friday, but looks like no one noticed this market at the time. but not sure if there had been another 5% change since market creation earlier than that
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