tag:blogger.com,1999:blog-2676650858658561710.post3777292309169879669..comments2023-11-02T06:14:07.871-04:00Comments on Quantifiable Edges: Late-Day Optimism Getting OverdoneRob Hannahttp://www.blogger.com/profile/07596674657839065754noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2676650858658561710.post-22636900949789770602012-07-11T09:44:46.610-04:002012-07-11T09:44:46.610-04:00Sorry for the slow reply. I am simply measuring w...Sorry for the slow reply. I am simply measuring where in the daily range SPY closed each day. For instance if it traded at a low of $134.00 and a high of $135.00 and closed at $134.75, then it would have closed in the 75th percentile of the daily range. A close at $134.50 would have meant 50%.<br /><br />I them take a simple moving average of the last 8 days. If that average goes from below 75% (where it usually is) to above 75%, the study is triggered.<br /><br />Best,<br />RobRob Hannahttps://www.blogger.com/profile/07596674657839065754noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-58667073848550393802012-07-05T18:21:51.903-04:002012-07-05T18:21:51.903-04:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/12829375621188204129noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-14380914179240529342012-07-05T14:49:00.017-04:002012-07-05T14:49:00.017-04:00Interesting study, thanks, but what does "8-d...Interesting study, thanks, but what does "8-day average closing range of SPY crosses over 75%" mean? Not sure how to compute that one....Unknownhttps://www.blogger.com/profile/10185487159323144445noreply@blogger.com