How is this mornings study holding up this afternoon?

01/13/2021 02:25 PM By Matt Ratliff
The markets are pushing higher following yesterday's neutral day type, here is what has happened historically into the close when that pattern was in play. 

Day - Wednesday

Opening Gap Direction - Down

Market Status - Pushing higher after a flat opening

Instrument - ES, RTY, NQ, YM

Trading SetUp - Long

Market Trend - Bull

Trade Type - Time Based Entry

Entry - 3:00 pm ET 

Exit - 4:15 pm ET (Market Close)



Note:  Most tests/studies are done going long using Future Indices.  This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments.  Make your comments and ask your questions below. 


Click the "Sign Up" button below to receive the DailyiQ messages in your email inbox immediately as they are released.

Sign Up for the DailyiQ
Click below to share with your friends or colleagues