Day-To-Day Follow-Through

  • October 17, 2000
  • Larry Connors


Research by Steve Moore showed that when a market closed in the top/bottom
10 percent of its range, it had an 80-90 percent chance of follow-through the
next morning but actually closed higher/lower only 50 percent of the time.
This implies that there is a good chance of a mid-day reversal.

–-Larry Connors and Linda Raschke,


Street Smarts (1995, M. Gordon
Publishing).