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Tradfi Consecutivedays Drawdown Spx 7 Spx 7

Bitcoin

This counts how many consecutive days the S&P 500 has gone without a meaningful drawdown, over a rolling window.

Why it matters

It measures the calm-trend persistence of the S&P 500 and how overdue a pullback may be.

How it is built

A counter increments each day the S&P 500 avoids a drawdown beyond the window's threshold, resetting when one occurs. This particular series is measured over the 7-day window.

What to watch

Long streaks signal an unusually smooth uptrend that historically precedes mean-reverting volatility.

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