JTH Monday

Good morning

Although it may not feel like it, last week's 2.67% gain was the best of the past 25 weeks.

For the short-term across 11 sessions each, sellers are in control with the last 7 of 11 sessions having closed down. Overall, it’s been best to buy on Monday and sell on Wednesday or Thursday.

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For the medium-term across 27 sessions each, sellers are in control with the last 15 of 27 sessions having closed down. Overall, it’s been best to buy on Monday and sell on Thursday.

For Buyers:
An opening gap down has given a 85% chance of closing the day down.
On Monday, the last 13 of 27 have closed down, giving us a 48% loss ratio.
Combined, an opening gap down with a Monday has a 52% loss ratio.

For Sellers:
An opening gap up has given a 59% chance of closing the day up.
Thursday has a 67% win ratio.
Combined, an opening gap up with a Thursday has a 63% win ratio.

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Cheers...Jason