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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (59319)9/27/2003 10:44:38 AM
From: Dealer  Read Replies (1) of 65232
 
Someone might like this, I do.

I'm not sure if I posted this or not but it is a good indicator of where the market on a certain day might be heading.

About 45 minutes before opening go to the following link:

Pre-Market heat map. Check 15 minutes before opening.

This heatmap has varying shades of green and red indicating strength, percentage and momentum for the NASD 100. If it holds up to 15 minutes before opening then you will have a fairly stable indicator as to where the market will open and progress. Seems to be accurate about 8 out of 10 times.

Over weighted in green---up
Over weighted in Red-----down

screening.nasdaq.com

If you have an even number of longs and shorts below 2% then the market will have little decisive direction or trading volume in either direction, indicating a light trading day.

I also watch the direction of the QQQ.

dealer
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