week sequence – week 41. 2019

As I said on my first post, I do my own way to Larry Williams „Trading Day of  the Month” concept. And this is a weekly sequence coming from statistics reports I developed. We will see information for 39th week of the year, 7th October till 11th October 2019.

Ground rules for statistics

Sequence says if we have in next trading week one-way move on each market. I accept max one “correction” day with opposite direction. Statistic numbers claim an average strenght of sequence. I will push myself to publish each day statistics also on this blog for all of You.

Let me explain main ideas with reports:

  • I study statistics for two periods: maximum I had access to (on each market it’s different lenght) and on last 10-years period.
  • To count “strong intraday signal” I assume it has to be more than 70% for long period and minimum 80% for 10-year period.
  • Having minimum strenght on both long- and short-term period will become my “Trading Day of  the Month“.

New statistics

From Tuesday, 1st October, I added new instruments to statistics: Nikkei 225 (Japan), Eurostoxx 50 (Europe) and Brent oil (Europe). Hope You can find them useful too!

Sequences

Let’s get to numbers and sequences for upcoming days:

  • DAX: no sequences for 24-years period or 10-years period;
  • FTSE100: there is no sequences for 19-years or 10-years period;
  • WIG20: there is no sequences for 22-years or for 10-years period;
  • Eurostoxx 50: long sequence (58,25%) for 21-years period with correction day on Wednesday (52,0%), no sequence for 10-years period;
  • Nikkei 225: short sequence (57,25%) with correction on Tuesday (52,0%) for 33-years period, no sequence for 10-years period;
  • WTI: there is no sequences for 36-years or 10-years period;
  • Brent: no sequences either for 30-years or 10-years period;
  • gold: there is no sequences for 44-years period or 10-years period;
  • dollar indes (DXY): short sequence (66,75%) with correction on Wednesday for 12-years period;
  • S&P500: there is short sequence (55,50%) with correction on Tuesday (53,0%) for 19-years period, no sequence 10-years period;
  • NASDAQ: there is no sequences neither for 19-years or 10-years period;
  • Dow Jones: there is short sequence (56,75%) with correction on Wednesday (53,0%) for 19-years, no sequence for 10-years period;

Signals strenght

Germany DAX has no sequences, no strong intraday statistics.

FTSE100 has no sequences, no strong statistics.

WIG20 has no sequences, no strong signals.

Eurostoxx 50 has long sequence with average range of 126,68 points, correction for 35,86 points, strong intraday statistics on Wednesday for 10-year period with average range 21,31 pts.

Nikkei 225 has sequence with average range of 602 points, correction for 150 points, strong intraday statistics on Wednesday with average range of 122,97 points.

Oil Brent has no sequence, strong intraday statistic on Monday with average range $1,08 and on Tuesday with average range $1,33.

Oil WTI has no sequences, strong intraday statistics on Monday with average range of $1,18.

Gold has no sequences, strong intraday statistics on Friday with average range $11,06.

Dollar index (DXY) has sequence with average range of over $1000, correction with average range $350,and strong intraday statistics on Thursday with average range $230..

S&P500 has sequence with average range of 68 points, no strong signals.

NASDAQ has no sequences or strong intraday statistics.

Dow Jones Industrial Average has sequence with average range of 460 points, correction average range of 40 points, no strong signals

If You find this posts or intraday statistics useful – please share it with Your friends!

To deliver better service I will publish intraday statistics day before, between 6:30 and 7:00 pm GMT (1:30 and 2:00 pm EDT), so please, do enjoy them!

 

Phoenix

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