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In last Friday’s Special S&P 500 Selloff Report, I wrote the following:

“The S&P did reach new lows, as expected. However, it also fell below important support around 5,450. As long as price is below this support, the nasty down side follow through can continue.

However, there's a big silver lining: The S&P 500 is virtually guaranteed to (eventually) rally and erase all of today’s, most of yesterday's, and any losses we may see in the coming days.

There are also some technical aspects starting to suggest a bounce.

This is a bold statement, but it's based on a little known trade secret with a 100% track record of accuracy over the past 25+ years.”

In addition to the ‘trade secret,’ Sunday’s (April 6) Profit Radar Report examined other compelling evidence. In fact, Sunday’s update included 16 charts and studies. Here is just one that highlights the uniqueness of last week’s selloff:

At Friday’s low, the S&P 500 had lost 9.92% over the past 3 days while the VIX soared 108.13% over the same time. Friday also was a 90% down day, where 93.07% of NYSE-traded stocks declined on 91.22% of volume.

This had never happened before, but something similar happened two other times. As highlighted above, both precedents were near a low, but not at the final low.

Anybody perusing the news over the weekend saw headlines like this:

- Reuters: Shell-shocked markets brace for more tariff tumult

- Yahoo!Finance: Market sell-off: This feels like late 2007

- CNBC: Charts suggest S&P 500 sell-off will continue

- CNBC: Cramer says Trump is following the perfect plan if the goal is to crash the market

- Bloomberg: Trump’s tariffs to send US into recession in 2025

The market loves fooling the unsuspecting masses and surprised many with yesterday's historic rally.

Unlike the emotional and fear-based analysis spread by the media, the Profit Radar Report stated the following simply fact-based outlook in Sunday’s (Aril 6) update:

“The odds of a S&P 500 low occurring tomorrow or Tuesday are considerable. Any low (and subsequent bounce) may still be followed by a retest or another low within the next few days/weeks, but the market is stretched enough for a sizable bounce.

Prices are depressed enough to put some (not all) cash to work. Depending on your risk tolerance, you may choose to deploy 1/3, 1/4, 1/5 or other portion of your available cash.

We will leg into the S&P 500 via SPY tomorrow at the open (the lower the open price, the better). If price continues to decline, we intend to add more at lower prices. If price rallies, we have some skin in the game.”

How quickly things can - and did - change. Two days later, on Tuesday, the S&P 500 ETF (SPY) soared 10.50% and the S&P 500 was up 9.52%, the 3rd biggest one day gain ever (going back to 1970).

The table below lists all other daily S&P 500 gains >8%. All of them happened on solid breadth and volume … and all of them had one thing in common.

For better context, and to identify what all dates have in common, yesterday’s Profit Radar Report highlighted those dates in the stream of time and how the S&P fared thereafter.

Here is a small list of other must know developments:

- Investor sentiment: There were sentiment extremes at Friday’s low and again on Tuesday. How did the S&P 500 fare after similar sentiment extremes?

- Stock market breadth: At Tuesday’s low, down side breadth was extreme. How did the S&P do after similar extremes?

- Technical analysis: What 'trade secret' virtually guaranteed yesterday's rally, and does it project further gains?

The answers to all the questions along with the most likely S&P 500 path over the coming weeks was published in yesterday's Profit Radar Report. Sign up now and become the best informed investor you know.

The Profit Radar Report comes with a 30-day money back guarantee, but fair warning: 90% of users stay on beyond 30 days.

Barron's rates iSPYETF a "trader with a good track record," and Investor's Business Daily writes "Simon says and the market is playing along."