Blog categorized as DailyiQ
Tomorrow is Options Expiration, this often has a bias but does it in the context of a weak open?
The markets have broken down from yesterday's inside day pattern, let's test that pattern into the close.
This pattern has often shown a favorable bias, but the opening location is key.
The markets are holding lower following yesterday's large rally, let's see what that has led to as we approach the close.
Yesterday's rally higher was the largest rally in 20 days...this pattern has historically been susceptible to outliers in this direction.
The markets are developing a trend day to start the week, let's see what that has led to into the close.
Friday's strong close finished above the upper Bollinger Band, let's see what has happened following that strong close.
Let's see if a strong Friday carries extra risk ahead of the close....
The markets are at the highs of the week as we start the Friday session. Let's see what that has led to historically.
The markets have been choppy since gapping up this morning, let's see what that has led to historically.