What works in predicting a "run day"?

Remember when US market was rallying every tuesday? Might be worth keeping track of the daily change to see if pattern like that emerges again.

further ideas: First day of month when theoretically inflows from funds, could generate a trend day

options expiry days (see exchange websites for calendars)

also just being aware of the daily charts might help a little, e.g. market opens at 200 day moving average, and attracts buyers for the next 6 hours

still imho this all adds up to marginal improvement over flipping a coin
%%%%%
Dont remember the coin flip tues, but i'll take your word for it.
50dma, 200 dma usually run;50dma can run with the longer term trend, but that's not a prediction .Good points on keeping track of daily changes;personally i use %, so i dont exspect a $200 area move when SPY is $75 area
 
11:18 PM 11/20/2014
Educational only - not trading advice

I've included some thoughts for determining run day for the two this week.

http://screencast.com/t/j15UD7KBgPF

temp1.png
 
One thing that could help would be to look at the longer timeframes - day, hourly. If the chart is near a key level (s/r, swing point) then the possibility for a smooth day ("trend day") could be higher as soons as the chart moves in it's primary direction (daily trend).

this is the theory. and in general it works. BUT you don't know if the chart starts moving well from the swing point today or makes another range day and moves tomorrow, possibly even with a big overnight gap that eats in your profits.

so in practice i'd say it's hard to predict a trend day. I don't believe I can do it.



And then decide wheter the
 
Back
Top