Traders On Alert for a Follow Through Day Should Review Quantifiable Edges FTD Research

From the 5/2 peak down to the low on 6/16 the SPX declined 8.2%. After such a decline, Investors Business Daily followers will be eagerly awaiting a follow-though day (FTD) before looking to aggressively allocate intermediate-term trend following positions to their portfolios. I conducted and published to the blog extensive research into IBD Follow-Through-Days (FTD) over the last few years.

I’ll be updating some of it and showing some new information in the next several days, but I would suggest readers that are interested in FTDs may want check out the links below.

This first one is a summary post with links to different areas of the research.

http://quantifiableedges.blogspot.com/2008/07/follow-through-days-quantified.html

This second link will bring up all blog posts with an “IBD Follow Through Day” label. There have been a few since the summary post above was published.

http://quantifiableedges.blogspot.com/search/label/IBD%20Follow%20Through%20Day

I’d strongly encourage traders who use FTDs to learn the real facts about them. And keep an eye out for some new FTD research coming soon!