The Sawtooth Statistic gives a clue to the general mood of the markets, functioning as a sort of sentiment indicator. The chart represents the sawtooth percentage of (approximately) monthly cycles over the past year, and of the (approximately) bi-weekly cycles, averaged over the past six months.

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Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 75 and 25	Signaled Appreciation minus non-signaled Appreciation	Annualized %
Buy Signals - 4 instances
Future30SesAvgClose	-1.31 % minus 2.10 % = -3.41 %	-28.86 %
Future5SesAvgClose	-0.27 % minus 0.42 % = -0.69 %	-35.08 %
Future2SesAvgClose	-0.95 % minus 0.22 % = -1.17 %	-149.08 %
Sell Signals - 7 instances
Future30SesAvgClose	-0.53 % minus 2.10 % = -2.63 %	-22.30 %
Future5SesAvgClose	0.05 % minus 0.42 % = -0.37 %	-18.84 %
Future2SesAvgClose	-0.12 % minus 0.22 % = -0.34 %	-43.60 %
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Semi-Annual Avg. of Bi-weekly Sawtooth Signals middle Crossing	Signaled Appreciation minus non-signaled Appreciation	Annualized %
Buy Signals - 69 instances
Future30SesAvgClose	1.76 % minus 2.10 % = -0.34 %	-2.91 %
Future5SesAvgClose	0.39 % minus 0.42 % = -0.03 %	-1.57 %
Future2SesAvgClose	0.37 % minus 0.22 % = 0.15 %	19.46 %
Sell Signals - 68 instances
Future30SesAvgClose	2.57 % minus 2.10 % = 0.46 %	3.93 %
Future5SesAvgClose	0.80 % minus 0.42 % = 0.37 %	18.95 %
Future2SesAvgClose	0.46 % minus 0.22 % = 0.24 %	30.22 %
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Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 70 and 30	Signaled Appreciation minus non-signaled Appreciation	Annualized %
Buy Signals - 9 instances
Future30SesAvgClose	2.66 % minus 2.10 % = 0.56 %	4.73 %
Future5SesAvgClose	0.81 % minus 0.42 % = 0.38 %	19.55 %
Future2SesAvgClose	1.13 % minus 0.22 % = 0.91 %	115.96 %
Sell Signals - 13 instances
Future30SesAvgClose	0.92 % minus 2.10 % = -1.19 %	-10.05 %
Future5SesAvgClose	0.79 % minus 0.42 % = 0.37 %	18.88 %
Future2SesAvgClose	0.36 % minus 0.22 % = 0.14 %	17.35 %
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Projection of Representative Monthly Cycle	Signaled Appreciation minus non-signaled Appreciation	Annualized %
Buy Signals - 209 instances
Future30SesAvgClose	0.94 % minus 2.10 % = -1.16 %	-9.84 %
Future5SesAvgClose	0.22 % minus 0.42 % = -0.21 %	-10.53 %
Future2SesAvgClose	0.19 % minus 0.22 % = -0.03 %	-3.96 %
Sell Signals - 233 instances
Future30SesAvgClose	1.96 % minus 2.10 % = -0.15 %	-1.24 %
Future5SesAvgClose	0.17 % minus 0.42 % = -0.25 %	-12.70 %
Future2SesAvgClose	-0.05 % minus 0.22 % = -0.27 %	-33.87 %
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Projection of BiWeekly Modal Cycles	Signaled Appreciation minus non-signaled Appreciation	Annualized %
Buy Signals - 475 instances
Future30SesAvgClose	1.42 % minus 2.10 % = -0.68 %	-5.78 %
Future5SesAvgClose	0.07 % minus 0.42 % = -0.35 %	-17.84 %
Future2SesAvgClose	-0.05 % minus 0.22 % = -0.27 %	-34.71 %
Sell Signals - 488 instances
Future30SesAvgClose	1.66 % minus 2.10 % = -0.45 %	-3.77 %
Future5SesAvgClose	0.40 % minus 0.42 % = -0.02 %	-1.16 %
Future2SesAvgClose	0.24 % minus 0.22 % = 0.01 %	1.90 %
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The best buy signal for 30 future sessions was 0.56 % from the Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 70 and 30,and the best sell signal for was -2.63 % from the Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 75 and 25.

For 5 future sessions the best buy signal was 0.38 % from the Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 70 and 30,and the best sell signal was -0.37 % from the Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 75 and 25.

The best buy signal for 2 future sessions was 0.91 % from the Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 70 and 30,and the best sell signal was -0.34 % from the Semi-Annual Avg. of Bi-weekly Sawtooth Signals at 75 and 25.

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