An iQ Bias Alert in play today?

01/06/2021 08:55 AM - By Matt Ratliff
This pattern from the Bias Alerts section of Discover has often favored the upside...

Day - Wednesday

Opening Gap Direction - N/A

Market Status - 5 consecutive days with filled gaps

Instrument - ES, RTY, NQ, YM

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 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. 


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Matt Ratliff