<b><i>This question was sent to me from one of our students:</b></i><color=blue> "Hey Joe! Do you have any statistics that help predict tomorrowâs trading range?"</color> I certainly do, but please check me out on these numbers because I havenât verified them in a long time. Hereâs what I believe about tomorrow's trading range: About 11% of the time, there will be a higher high and a lower low (outside bar). About 11% of the time neither the previous day's high or low will be exceeded (inside bar). Eighty-nine percent of the time, the previous day's high or the previous day's low will be broken by tomorrow's price action. The previous day's close will be in tomorrow's range 65% to 85% of the time. If today had a higher high and higher low and higher close, there is a 70% probability the short term trend is bullish. That's quite a bit of trading knowledge, donât you think?