Universe- US Common stocks -- liquidity condition true.
RSI- Filters
- Wilders Monthly < 49-- This was the trick-- too low and the stocks that it picked up would not be traceable. So it's set just inside the bear territory on the monthly
- Weekly Weekly -- shows recent weakness
- BOP - quarterly < 0 -- this one gets the stocks that have had a bull back breaker move-- a power full gap.
- Price >4 too hard to short stocks below
- Mystery short 39> 38 --- If you're a stock bee member you'll know what I'm talking bout willis.
Notes: Unlike Mystery I do not rank. I look for the back breaker move and the countertrend rally draw the trend lines using the hourly or half-hourly chart for swing trading.
Great entries are a reversal move on the hourly.:
Example trade: CENX
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