week sequence – week 44. 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 44th week of the year, 28th October till 1st November 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“.

End of Month

At end of each month period is getting shorten. In October most periods get reduced on Wednesday and Thursday.
Also 1st November is day off in Poland, so WIG20 is not priced that day.

Sequences

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

  • DAX: long sequence (63,0%) for 24-years period, no sequence for 10-years period;
  • FTSE100: long sequence (69,91%) with Tuesday correction for 19-years, no sequence for 10-years period;
  • WIG20: there is no sequences for 22-years or for 10-years period;
  • WTI: there is no sequences for 36-years or 10-years period;
  • gold: there is no sequences for 44-years period or 10-years period;
  • dollar indes (DXY): there is no sequence for 12-years period;
  • S&P500: there is no sequences for 19-years or for 10-years period;
  • NASDAQ: there is no sequences for 19-years or for 10-years period;
  • Dow Jones: there is long sequence (58,1%) for 19-years, no sequence for 10-years period;
  • Nikkei 225: there is no sequence for 33-years period, short sequence (67,5%)  with correction on Thursday for for 10-years period;
  • Brent: short sequence (58,71%) for 30-years period, no sequence for 10-years period;
  • Eurostoxx 50: long sequence (68,6%) with correction on Wednesday for 21-years period, no sequence for 10-years period;

Signals strenght

Germany DAX has sequence with average range of 295,5 points, strong intraday statistics for 10-year period on Wednesday with average range 81,23 points.

FTSE100 has sequence with average range of 170,23 points, strong statistic on Monday with average range 40,46 and on Wednesday with average range of 28,58 points.

WIG20 has no sequences, no strong signals.

Eurostoxx 50 has long sequence with average range of 126,49 points, strong intraday statistic on Monday with average range of 35,14 points and on Thursday with average range of 39,43 points.

Nikkei 225 sequence with average range of 431,97 points, strong signal on Thursday for 10-years period with average range of 197,84 points.

Oil Brent has sequence with average range $3,17, no strong intraday statistics.

Oil WTI has no sequences, strong intraday statistic  on Tuesday with average range $0,6.

Gold has no sequences, strong cumulated intraday statistic on Wednesday with average range between $4,2 and $8,5.

Dollar index (DXY) has no sequence, strong intraday statistic on Thursday with average range of $560.

S&P500 has no sequences, no strong signals.

NASDAQ has no sequences, no strong signals.

Dow Jones Industrial Average has sequence with average range of 537,55 points, strong signal on Tuesday with average range of 100,11 points.

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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