The S&P 500 registers its ninth consecutive day of gains, the longest streak in over two decades.

The index closed today above its 50-day moving average for the first time since February. However, it remains 2.5% below its 200-day moving average.

Could we see a small pullback soon? It is frightening to see that in the two days following the event, 100% of the cases show an average drop of 0.41%, and after a month the probability decreases to 50%, but the average loss has been 3.13%.