Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.
Date | Sym | L/S | Close | MA(200) | Vol MA(100) | Reason |
20080207 | NDAQ | ![]() |
40.08 | 37.57 | 2716394 | 1 |
20080207 | SIE | ![]() |
42.01 | 41.91 | 449860 | 1, 2, 3, 4 |
20080207 | TRE | ![]() |
5.62 | 5.56 | 356798 | 1, 2, 4 |
1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.
Happy Trading!