Info!! A Quick Postulate To Prep Tweets From @Steenbab

Generally earlier the marketplace open, I volition ship out tweets that are labeled PREP.  (You tin follow the flow at StockTwits:  @steenbab).  PREP tweets capture about of the data I rely upon to laid for the trading day.  Below is a guide to about of the abbreviations too the terminology used inwards those tweets:

Price Targets - These are to a greater extent than oftentimes than non for the overall marketplace ($SPY) too stand upward for cost levels that I am targeting during the twenty-four hours session.  Please see this post for details.  We conduct maintain a 73% probability of hitting either the R1 upside grade or the S1 downside level.  The probabilities of hitting R2/S2 too R3/S3 are 54% too 37%, respectively.  Earlier targets are the overnight high/low too the previous day's high/low.  The odds of hitting to a greater extent than distant targets are increased if volumes are coming inwards higher than average.

BP/SP - This refers to buying pressure level too selling pressure level too is a mensurate of whether buyers or sellers were aggressive during the prior trading session.  BP too SP are 2 variables I utilize inwards marketplace queries (studies of historical patterns inwards the market).

%DMA - This refers to the percent of S&P 500 shares trading higher upward a given moving average.  So, for representative %20DMA refers to the percent of stocks inwards the S&P 500 universe trading higher upward their 20-day moving averages.  It's about other variable I rely upon inwards marketplace queries.

Model - This refers to regression-based forecasts that I purpose to approximate $SPY over a 3-5 twenty-four hours fourth dimension horizon.

Cycle - This refers to cycle-based forecasts that I purpose to approximate $SPY over a menses of weeks to months.  Very experimental work.

New Highs/Lows - Unless otherwise specified, this refers to the release of mutual stocks across all exchanges trading at fresh 3-month highs/lows.  I expect at this release to position potential divergences.

CumTICK - This is a cumulative full of intraday NYSE TICK levels.  It basically takes 5-minute readings of $TICK too sums them similar an advance-decline line.  Influenza A virus subtype H5N1 expert overall indication of buying/selling dominance--bigger painting exhibit than BP/SP.

PC - Unless otherwise specified, this refers to the ratio of pose options to telephone phone options traded across all private equities, non including index options.  Useful watch gauge.

RelVol - How much book is beingness traded at a given fourth dimension of twenty-four hours compared alongside the average book traded at that fourth dimension of day.  Useful inwards gauging potential volatility.

%VWAP - Percentage of NYSE stocks trading higher upward their day's volume-weighted average prices.  Useful inwards identifying tendency vs. arrive at days.

Delta - Influenza A virus subtype H5N1 mensurate of book traded at the marketplace bid vs. offer, pioneered past times Market Delta.

Divergence - When an index makes a novel high or low, only many sectors/stocks practise non participate inwards the strength/weakness.  Helpful inwards identifying potential turning points.

I'll add together to the listing equally nosotros larn along.  If y'all portion your marketplace grooming via Twitter or StockTwits, experience costless to overstep along your information equally a comment to this post.  Thanks for the interest--

Brett