Interesting stats on the little range we've been in.
Also a good idea on:Bull and Bear Days: A Simple Coding System and What It Tells Us
And here's a good early trading idea:
One of my favorite early trade ideas is to wait for a few minutes and see if the market can break above its overnight high and/or previous day's high. If buying comes in and we can't break above that high, I look to sell on the buying for a move back toward the previous day's average price. My stats work shows a very nice edge to that trade, and it worked out this AM in the ER2. A similar trade applies to markets that can't break their previous day's (or overnight) low. One good trade like that per day with a little size can make your day. It would be worth researching with individual equities as well.
