The market has run hard off the March low, and this study puts it in historical context. The research looks at every case since 2004 where the market gained at least twenty percent in under six months without a drawdown deeper than six percent, and finds eleven. From there it turns to reversals, measuring how often a two standard deviation move gets filled the next day compared with over five and forty five days. The pattern is the case for giving contrarian positions time rather than expecting a snapback. Study results are historical, not predictive. Education, not a recommendation. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 What the piece is about 01:08 The criteria for the study 01:42 Eleven times since 2004 03:30 How this rally compares 04:47 Odds of a pullback ahead 0...