EOD Market Journal & Analysis ~ Introduction

The EOD Market Journal is my daily take on the market.  I make zero trade decisions without analysis of the entire market that I feel is relevant to my systems.  I will use this blog post to make a legend for all of the columns you see.  Click here for information on the symbols included.

The coloring is brightest among the largest of the deviants.

legend.JPG

Columns in order are:

  • SYMBOL
  • CURRENT PRICE
  • CHANGE IN PRICE TODAY
  • % CHANGE IN PRICE TODAY
  • PERCENTILE WITHIN TODAY’S RANGE
  • DESCRIPTION
  • PERCENTILE IN 52 WEEK RANGE
  • PROPRIETARY STRENGTH METER
  • FORMER METER CARRIED FROM BEFORE (SHOWN RESET FOR NEXT DAY)
  • CHANGE IN METER
  • PROPRIETARY STRENGTH SCORE
  • FORMER SCORE CARRIED FROM BEFORE (SHOWN RESET FOR NEXT DAY)
  • CHANGE IN SCORE

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Then, also offered in the analysis are trading ideas.

Sections explained:

  • TOP: AVG, MID, HI/LO OF DEVIANCE (MARKET DEVIANCE RANGE)
  • RANKINGS:
    • OVERALL STRENGTH (STRENGTH METER RANKING)
    • % CHANGE (TODAY’S MOVERS)
    • %IN DAY RANGE (PRICE RANGE BREAK HUNTER)
    • %IN 52W RANGE (PRICE RANGE BREAK HUNTER)
  • IDEAS
    • VALUE IN TREND (BULLISH OR BEARISH BUT WELL WITHIN MARKET DEVIATION RANGE)
    • SWITCHING TREND (OSCILLATION HUNTER)
    • EMA DEVIANCE (4H CHART OVERAGE HUNTER)
    • NEAR DEVIATION FROM FAR (MOMENTUM OF NEWEST TREND)
    • NEAR-TERM VS S&P (SYMBOL’S DEVIATION BETA TO SPY’s DEVIATION)

W-STK-20180803-RANKS.JPG

I have used this system in various forms for years and since before I started using real money using simulation.  I used to trade with a program called Strategy Desk, and if you are familiar with it, I have basically recreated the steroidal version!  This rendition began in 2014, and I am at version 7.0.  I couldn’t be happier with the testing data and real results I have trading the system, of which I will eventually share on this website.

~B3

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