Need Help Please. Techinical Trading

Discussion in 'Strategy Development' started by Jrmarketwizard, Jan 23, 2006.

  1. I am doing some statistical work on the market, specifically straight up days and straight down days with no intraday reversal to the mean or a fib 1/3 retracement. ie., last friday.

    Statistically these specific market days occur in the lower percentile range

    Are there any meaningful technical indicatiors that may give a high statisica probablity of a potential straight up move coming up.

    The most compelling technical stat i have come across thus far is buy/sell side volume. But its not that accurate. works better over the long term-3-7 days

    Any help much appreciated.