How the Intra-Day Momentum Method can Help You Make Better Trading Decisions

How the Intra-Day Momentum Method can Help You Make Better Trading Decisions

Long Level Up

FDX Chart Up

FXD Crossed Above the Long Level Up.  Historically, the Close of the day has been above the Long Level Up in FDX 57% of the time.  The Close of the day historically has been above the Open 83% of the time, once the Long Level Up had been reached.

Short Level Down

FDX Chart Down

This is an example of a Short Level Down being reached in AAPL.  Historically, the Close of the day has been below the Short Level Down approximately 48% of the time in AAPL, once the Short Level Down had been reached.  Historically, the Close of the day has been below the Open 82% of the time in AAPL, once the Short Level Down had been reached.