SPY needs to show a little more strength to get to xFC.
Aggregation just dumps all the 3x Bulls together. You can do that with natural logs and they are all playing the same days. The numbers have to be divided by 8 to get the “real” number of days. For example, xM3 has Days = 8 but it only happened once. Note the bullish states, xFF, xCF, xCC, and xFC happen the most. That is normal, the two year period is tilted to getting more than its usual share of these signals.
xCC and xFC are shown above. xCC is clearly favorable to be long, xFC is less clearly favorable to be flat. The numbers for xFC tend to negative: negative CC, negative HLd, however CO is OK. The algorithm will not buy there unless TF is active which it isn’t.
x0C, x0F, and xMF are quite interesting. x0C happens most and is sort of OK to buy, but x0F and xMF not so much.
The aggregated matrix is how I built the rules for the Specter/FF5 strategies. It is hard to visualize how to do that with consecutive time. Basically they buy the states that make money consistently.