Tuesday after a strong Monday

05/24/2022 08:30 AM By Matt Ratliff
The markets started the week strong, let's see what happens on Tuesdays in a similar environment.

Day - Tuesday

Opening Gap Direction - Down

Market Status - Weak Bull Market

Instrument - ES, NQ, YM, RTY

Trading SetUp - Long

Market Trend - Bull

Trade Type - Intraday Entry

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)



Note:  Most tests/studies here 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. The Daily IQ is typically an End of Day analysis without stops/targets.  You can use Discover to test/study other potential trades with numerous stop/target values.  You can make comments below.


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

Click below to share with your friends or colleagues

Matt Ratliff