On Monday the bulls tried to make a move higher and failed, making for a higher high and a lower close. On Tuesday the opposite happened with a lower low and a higher close signifying a failure by the bears. This action triggered the below study in the Quantifinder. It was last seen in the 3/3/11 Subscriber Letter. I have updated the results.
Odds across the board, from Win % to Win/Loss Ratio and Profit Factor are all impressive, and suggestive of a short-term upside edge.
No comments:
Post a Comment