Our simple End Of Day short-term bullish and bearish scans of US stocks that look like they have a Crabel Hook Day pattern.
1) low of last session lower than the low of the previous day, 2) close of last session higher than close of previous day, 3) daily range of last session less than daily range of previous day & 4) close in the top 40% of days daily range
Scan criteria:
1) high of last session greater high of previous day, 2) close of last session less than close of previous day, 3) daily range of last session less than daily range of previous day & 4) close in the bottom 40% of days daily range
Scan criteria:
Similar to a Livermore One Day Reversal except we ignore the low or high 4 days ago but include a check of today's daily range to be smaller than the previous day's daily range.
See also:
NYSE & NASDAQ Short-term pattern scans:-
NYSE & NASDAQ Medium-term pattern scans:-
NYSE & NASDAQ Medium-term trend pivot point scans:-
NYSE & NASDAQ Medium-term trend change scans:-
NB. Our scans are inspired by eminent traders and speculators of the present and past!