Today, Tomorrow, and the Day After Tomorrow

Alright, the analysis and daily code is doing its thing. Quick recap, I predicted XLE to be a top performer today, and while I didn't explicitly called out XLK, it was also a top performer. Let's take a look at the sectors today.

As shown above, the highest buyer volume was in the XLE sector, which I knew would be the case, but at the same time, we see that XLK had the highest return, even if the volume was lower than XLE. I stuck to XLE today, and looked at the volume before entering any contracts. I opened a contract with SLB for $57 expiring on 6/12.

First, I made a tiny ROI, like last Friday. I realized that the premium of contracts doesn't explode as I expected it. I believe I gotta look at implied volatility to make my analysis and entry stronger. In the middle of the trade I realized that it was within XLE, and I dislike trading XLE. Either way, good experience.

Let's move to tomorrow real quick. If we look at the above table once again, we see that XLF has been exhausted today, but it was the lead with the trading volume overall. I also see this happening with XLU. What does this mean for me? It means that I gotta focus on XLF and XLU tomorrow for my entry and see which makes sense.

Nonetheless, I do want to address something I'm seeing. which I mentioned in the last post as well, and that is trading right at closing and selling at the opening. So, if this is true and we were to focus on XLF, let's take a look at what we can expect to boo tomorrow:

If the same logic as sectors is to be applied, then we can anticipate BAC to have a green day tomorrow. At the same time, from my previous analysis, before I started doing the actual technicals, I used two day uptrend. Sometimes, one day was enough. So, if we consider previous methods, I'd consider HOOD.

Now, from XLU

From the above, I'd consider PCG and NEE based on the behavior observed in the traders.

So, while I'll considered the mentioned assets, tomorrow is for me to understand if it makes more sense to buy at the end of day and sell at the beginning of it.

Let's see what's in stor for us tomorrow!