Quote from billp:
Volente or anyone,
Volente keeps mentioning 'T day'. Can someone tell me what that means pls? Is he referring to a day where price opens and close at around the same level ie something like a doji day? Thanks.
All it is a theory that says if the indices are negative on a T day there is 80-85% chance of them sometime intraday going back to positive. Fed days are an exception though.

