Blog categorized as DailyiQ

A red candle that makes closes at recent highs has often favored this side...

The markets are holding up after this morning's gap, let's see what that has led to into the close.

We saw a strong push higher yesterday followed by a bullish overnight session, let's test what that has led to historically.

I was expecting this pattern that is developing, to be more bullish than it is...

Historically, the NQ has been bullish on this day, do you know why?

Check out this interesting options expiration study as we approach the close.

Opening in the prior day range on options expiration day has often led to larger moves in this direction.

Historically, holding near the highs with the gap still unfilled has slightly favored the longs into the close.

In certain conditions, this overbought indicator pattern has often led to more upside.

This hammer-like price action has not historically shown consistent bullish action into the close.