On April 15th I showed what happens when a wide range selloff is followed by a narrow range day. (Hint: it appears to be bullish for the Nasdaq 100.) You can re-read that post here.

For those with Tradestation who would like to download and play with that study tonight, I have just reduced the price from $12.00 to $2.00. It comes with an .eld to import and a pre-set workspace. All open code. Click here to go to the studies page.

In my recent post on system discussion the other day I neglected to mention the new work BZBtrader is doing. If you haven’t visited his blog in a while, it’s changed a bit in the last couple of weeks as he is now starting to focus on system trades as well as his normal QQQQ stuff.