|Category||Prediction Rate||% Correct||Notes|
|Direction||15/19||79%||17/19 disregarding minor closing range|
(losses were 0.30% and 0.65%)
|Range||10/19||53%||14/19 disregarding minor closing range|
|Significant High/Low*||no instances||Testing tomorrow|
|Next Day Gap**||3/5||60%|
** The next day gap determines if the condition correctly predicted the gap.The next day gap test is measuring times the odds of a positive low or negative high were >= 14%.
+ When the odds of a negative high/pos low <= 3% and the market gaps in the low odds direction, the gap fills.
- Since the odds of a significant low tomorrow are over 70%, does the market makes a low lower than -0.5% from today's close?
Tomorrow I will be posting a comprehensive review of my observations about how this information can be incorporated into a trading system.