I am doing some statistical work on the market, specifically straight up days and straight down days with no intraday reversal to the mean or a fib 1/3 retracement. ie., last friday.
Statistically these specific market days occur in the lower percentile range
Are there any meaningful technical indicatiors that may give a high statisica probablity of a potential straight up move coming up.
The most compelling technical stat i have come across thus far is buy/sell side volume. But its not that accurate. works better over the long term-3-7 days
Any help much appreciated.
Statistically these specific market days occur in the lower percentile range
Are there any meaningful technical indicatiors that may give a high statisica probablity of a potential straight up move coming up.
The most compelling technical stat i have come across thus far is buy/sell side volume. But its not that accurate. works better over the long term-3-7 days
Any help much appreciated.