Fading Gaps After a 50 Day High Close and 4 Higher Highs

As the S&P 500 market continues to move higher than it has been previously, I thought it would make sense to take a look at how the market generally reacts after it has closed at a 50 day high and also closed higher 4 days in a row. Does this type of pattern tend to benefits longs or shorts on that 5th day?

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