TRADER: Do you see the HISTORICAL EDGE?
TRADER: Yesterday we posted a LOWER HIGH, LOWER LOW and LOWER CLOSE for the 3rd Day in a row!
NEWBIE: So what?
TRADER: It was also a MONDAY
NEWBIE: And?!
TRADER: We refer to this as TURNAROUND TUESDAY. CHECK out the STATS what happens the next day when this setup occurs
⬇️ ⬇️ ⬇️ RESULT ⬇️ ⬇️ ⬇️
This setup has occured 22 times since 1993! 💎 We backtested the results:
The 1 day move has had 65% chance of being bullish 🟢 on the next day (aka market session on 15FEB)
The average winner has been 2 times larger than the average loser