Bullish Patterns

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

S&P500 and NASDAQ100 for 26 Jan 2021

No results found for this scan

Other NYSE & NASDAQ for 26 Jan 2021

No results found for this scan

Scan criteria:

  • low of last session < low of previous day
  • close of last session > close of previous day
  • daily range of last session < daily range of previous day
  • close in the top 40% of day's daily range
  • volume greater than 20 day average volume
  • in a medium-term downtrend
  • 20 day average volume over 750,000
  • last closing price > 4 USD

Bearish Patterns

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

S&P500 and NASDAQ100 for 26 Jan 2021

No results found for this scan

Other NYSE & NASDAQ for 26 Jan 2021

No results found for this scan

Scan criteria:

  • high of last session > high of previous day
  • close of last session < close of previous day
  • daily range of last session < daily range of previous day
  • close in the bottom 40% of day's daily range
  • volume greater than 20 day average volume
  • in a medium-term downtrend
  • 20 day average volume over 750,000
  • last closing price > 4 USD

Notes

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.