Tuesday, December 7, 2010

Odds for the Dow on 12/8/2010

HourNext Day OddsCurrent Wave*Comments
9:31 Open57% Up, most frequent range was positive5 of 5 cont'dLooks positive for the next few hours but also note that the SPY bull wedge target of 123.98 was met this morning
9:50 AM Pre-DataNo Update

10:10 AM Post-Data58% Up, most frequent range was positive

11 AM


12 PM


1 PM


2 PM


3 PM


3:50 PM Pre-Close


4:07 PM Close55% Up, most frequent range was positive
I won't be able to provide intraday updates most days of the week, or even closing data. In any case, I'm keeping stats here for my own reference.
*The timeframe of the wave is more like an hourly timeframe, meaning a wave that will form over the course of 5-10 trading days. Subject to revision intraday.

Stats:

CategoryPrediction Rate% CorrectNotes
Direction24/3372%28/33 disregarding minor closing range
(losses were 0.30%, 0.65%, 0.20%, 0.22%, -0.85% gains could have been made on 2 of those days)

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