Ivolution Research Journal · Refutation
REFUTE: QQQ-SPY spread momentum / reversion
The QQQ-SPY relative-value spread carries NO tradable daily momentum or reversion edge net of costs (neither continuation of spread moves nor reversion to a spread mean pays).
Cite as: SYS-06: REFUTE: QQQ-SPY spread momentum / reversion. Ivolution Research Journal.
Publication status
The pre-registered hypothesis was refuted on the governed research record. This publication documents the null rather than presenting an edge.
The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for SYS-06 are available to Terminal + AI members.
Symbols
SPY · QQQ
Regimes
Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day
Horizons
1 session