Pre-market is an exiting time when you start looking at your screens to check what's going on. There is a lot of information to consume: news, reports, charts... you can continue the list. In this study I explore if price movement in pre-market can provide any indications of how the day is going to look like.
There are 3 setups I tested from 2015 to 2022
Algo Setup in BreakingEquity.com^
Trading Conditions
PS: This post is for fun and educational purposes only with no attempt to beat buy and hold. Do not use this is a trading/investment advice.
There are 3 setups I tested from 2015 to 2022
- Up 1%+ in pre-market
- Down 1%+ in pre-market
- Flat in pre-market (open and close are within 0.1%)
Algo Setup in BreakingEquity.com^
Trading Conditions
- $10,000 to trade daily
- Trading only $SPY
- Buy at 9:30 if condition is met
- Do not trade on early close days
PS: This post is for fun and educational purposes only with no attempt to beat buy and hold. Do not use this is a trading/investment advice.
