INDICES READING:
>=2/3 indices are trending up = Focusing on overnight longs
>=2/3 indices are trending down = Focusing on overnight shorts
>=2/3 indices are range bound = No overnight trading
*Highlighted bold is where we are at in the market.
*Documentation explaining what this reading is and my overnight momentum trading system: Click Here
OVERNIGHT MOMO SCANS:
What I’m Doing In Markets
Despite some huge moves in $ICCT ( ▼ 45.0% ) , $WTF ( ▼ 1.59% ) , and $NMAX ( ▲ 5.04% ) , only $WTF closed in the top 20% of its intraday range which is one of the key components of this overnight momentum system. With that said, I have nothing on at the moment, but I’m going to continue to watch these three in after hours for a potential long into 8 pm for the overnight gap permutation in case they close in the top of their range.
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Disclaimer: This content is for informational and educational purposes only and should not be considered investment advice. Always do your own research and consult with a licensed financial advisor before making any investment decisions. “We”, “I”, “SaveOnTrading, or “Overnightmomo” may buy or sell any security mentioned at any time, without notice.
