Do not get your indicator. Using Elliot I had the same conclusion, but do not understand the premise of your comment.
timwest
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I didn't get your question from a month ago: The indicator is a rather simple one - When the S&P500 kicks a stock out of its flagship 500 index, it often precedes a significant short term gain for the stock. Why does that happen? Feel free to research it but I have been around Wall Street for decades and it is a pattern that I have noticed and have followed.
Barker
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Short Killer. I actually feel bad the shorts on this one.