Wednesday Model 6.29The Revised Model for Wednesday is posted. This model averages the data from the Actual Data in with the Original Model at 15% weight. This way, you can see what the old "original model" was, and compare it to the newly revised model.
The day's swing low is 12:40PM in the model. And the morning high comes in early at 9:55 AM.
Historically, Wednesdays are fairly choppy and flat. But as always, the pattern is not a market timing tool. It's simply a historical representation of intra-day trends. Note the swing points, as those may be key - no matter which direction the market is trading compared to the model.
Happy trading!