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Statistical Edges

Market Edges - Jan 23, 2026

January 23, 2026Veloris Capital
Market Edges - Jan 23, 2026
Edge 1

SPX within 1% of 1000-point marks shows strong forward returns

1 month, 3 months, and 1 year forward
Alignment: 9/10
SPX within 1% of 1000-point marks shows strong forward returns
Statistical Edge
Condition
SPX trading within 1% of 1000-point round number levels
Outcome
Higher returns with 86% probability short-term, 100% probability long-term
Probability
86% (1-3 months), 100% (1 year), +16.29% average 1-year gain
Timeframe
1 month, 3 months, and 1 year forward
Historical Basis: Not specified
Edge Strength
Very Low Confidence
4/10
Weak Edge ~31% annualized

+24% edge (~31% annualized) — needs more data

When SPX trades within 1% of major 1000-point levels, it shows 86% probability of gains over 1-3 months and 100% positive returns over 1 year with +16.29% average gains.


Edge 2

SPX 30%+ gain in 8+ months with breadth thrusts leads to continued outperformance

Following year
Alignment: 9/10
SPX 30%+ gain in 8+ months with breadth thrusts leads to continued outperformance
Statistical Edge
Condition
5-day and 10-day
breadth
thrusts, rapid reversal in volatility, and SPX 30%+ gain in 8+ months
Outcome
Positive returns with double-digit average gains
Probability
92% or greater positivity rate, double-digit returns on average
Timeframe
Following year
Historical Basis: Not specified
Edge Strength
Very Low Confidence
4/10
Weak Edge ~10% annualized

+19% edge (~10% annualized) — needs more data

When SPX gains 30%+ in 8+ months accompanied by breadth thrusts and rapid volatility reversals, the following year shows positive returns 92%+ of the time with double-digit average gains.


How We Use Market Edges

These quantitative patterns serve as supporting context rather than trading triggers. Our portfolio exposure is never determined by individual statistical edges—instead, it's systematically governed by our Risk Overlay, a framework of over 20 data-driven indicators that collectively determine when market conditions favor acceleration versus caution.

When edges like these align with our overlay readings, they provide additional conviction for our current positioning. When they diverge, our disciplined process prioritizes the systematic signals over any single statistical pattern.

Important: Past performance is not an indication of future results. Your capital is at risk. CFDs are complex instruments. 61% of retail investor accounts lose money when trading CFDs with eToro.

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