The table below provides the answer for the question : given there was n continous Yang(Close> Open) candle sticks, what is the possiblity that we would see another Yang sticks the next day. +n means n Yangs, -n means n Yings. The data were summarized from SPY from 1993 to today.
| # of continous Yang candles sticks | subsequential yang | subseqential ying | nobs | 
| -10 | 1 | 0 | 2 | 
| -9 | 0.6 | 0.4 | 5 | 
| -8 | 0.166666667 | 0.833333333 | 6 | 
| -7 | 0.5 | 0.5 | 12 | 
| -6 | 0.5 | 0.5 | 24 | 
| -5 | 0.596774194 | 0.387096774 | 62 | 
| -4 | 0.562091503 | 0.405228758 | 153 | 
| -3 | 0.503205128 | 0.490384615 | 312 | 
| -2 | 0.510769231 | 0.48 | 650 | 
| -1 | 0.527170078 | 0.458715596 | 1418 | 
| 0 | 0.493506494 | 0.454545455 | 77 | 
| 1 | 0.503166784 | 0.482054891 | 1421 | 
| 2 | 0.485314685 | 0.503496503 | 715 | 
| 3 | 0.510086455 | 0.478386167 | 347 | 
| 4 | 0.525423729 | 0.463276836 | 177 | 
| 5 | 0.516129032 | 0.462365591 | 93 | 
| 6 | 0.541666667 | 0.458333333 | 48 | 
| 7 | 0.461538462 | 0.5 | 26 | 
| 8 | 0.5 | 0.5 | 12 | 
| 9 | 0.5 | 0.5 | 6 | 
| 10 | 0.333333333 | 0.666666667 | 3 | 
| 11 | 1 | 0 | 1 | 
| 12 | 0 | 1 | 1 
 |