Neutral Extreme Day

June 24, 2022 Off By The Balanced Trader

A Neutral Extreme Day is identical to a Neutral Day, with the exception that the market closes to one extreme. This usually suggests that the traders that bet in the direction of the close won, and we should expect a continuous move in the coming days.

A Neutral Extreme Day has the following characteristics:

  • A typical starting balance range
  • The IB High and IB Low have both been broken.