Scan of the Week: Unlocking the Power of Inside Days

One of my favorite short-term momentum strategies and how you can screen for these setups on a nightly basis.

The market remains a volatile mess, both to the upside and the downside.

While this is the case, it’s ever more critical to be scanning for charts consolidating and acting rationally. I do this with the inside day scan:

More about the Key Criteria above:

• Inside Bar: Yes

  • The entirety of today’s bar needs to be within yesterday’s. Simple but powerful.

    • Low > …