Tag Archives: DIA

Short Signals in DIA That Are Common to SPY and QQQ

I call common patterns those that form in one or more securities that belong to a pre-defined group but are profitable in the history of all securities in the group. Here I discuss short signals received for the open of Thursday, August 16, … Continue reading

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Common Long Signals in DIA, SPY and QQQ

I call common patterns those that form in one or more securities that belong to a pre-defined group but are profitable in the history of all securities in the group. This special category of patterns may be identified using a unique feature … Continue reading

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Machine Generated DIA Patterns and Trading Systems

The steps are presented here for discovering price patterns in DIA (SPDR Dow Jones Industrial Average) historical daily data using the Price Action Lab search function, testing the results in an out-of-sample and then creating a trading system. It is shown that Price Action Lab can identify … Continue reading

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Price Action Lab Alert for Thursday, May 24, 2012

Actually, this alert will be about the alert I did not post yesterday. I will explain the reasons I did not do it, although as it turned out the result was positive overall. Share

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How to Make Best Use of the Price Action Lab Alerts

I briefly illustrate the general context for evaluating the alerts that are based on the patterns Price Action Lab generates in scan and p-indicator mode. As an example, today’s alerts for DIA and GLD are considered and evaluated. Share

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Why Dow 13,100 is a Very Crucial Level for the Future of the Market

US stock market indices rebounded, as this blog expected in advance, after a short-term correction, with Dow Jones Industrial Average and S&P 500 gaining 2.1% in the last two days. However, Dow 13,100 appears to be a very crucial level that acts as … Continue reading

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Probability of Short-term Direction for Selected ETFs

Probabilities for short-term up and down moves for 11 popular ETFs are calculated by the p-indicator. The results show that GLD has the highest positive bias and USO the lowest negative bias for directional moves with a 3% upside and downside … Continue reading

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Price Action Indicates the Market Will Soon Choose a Direction

Major stock market indices have been moving sideways the last three weeks in anticipation of developments concerning the European debt crisis. The price action during this period indicates that a direction will be chosen soon, even by the end of this … Continue reading

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