Quantum BiasSectionsDaily Bias
Daily Bias
Pre-market reads, levels and how to judge a bias.
Daily Bias Trading: Does a Close Above Last Week's High Work?
A popular bias rule says a close above the prior high is bullish. On 1,403 Nasdaq-100 weeks, the level was revisited far more often, but the next week did not rise more often.
Daily Bias vs Macro Bias: Which Pre-Market Read to Trust on NQ?
A quantitative read and a macro read answer different questions. On 8 of the 9 shared mornings with a directional macro read, our two NQ reads pointed in opposite directions. Here is why.
Previous Week High Breakout: Tested on the S&P 500 and 7 Stocks
We tested the popular prior-high/prior-low bias rule on SPY and seven mega-cap stocks. The level was revisited almost everywhere; the directional edge did not show up anywhere.
How Much Does the S&P 500 Move in a Week? Typical Weekly Ranges
A normal week moves the S&P 500 about 2.7% from high to low, the Nasdaq-100 about 3.8% and Tesla about 10%. Ranges for 9 markets, and how to use them alongside a daily bias.
What Is a Daily Bias in Trading? How to Read One on NQ and ES
A daily bias is a directional read for one trading session, not a trade signal. Learn what a usable bias includes and how to read one on NQ and ES.