How do you know when the market is going to Trend Up all day?
I'm sure most traders maintain a watchlist of leader names like I do. If I see this list is strong -- names like AAPL, AMZN, PCLN, PKT and whatever else has a super strong chart... then the markets are probably going to do well. I also watch a list of ETFs like: iwm, spy, xlf, xhb, iyt, ewg, ewp, ewi, tlt, vxx, uso, and a few others to gauge strength.
Recently, though, I've found the current set up below additionally has provided more 'to-the-minute' look at internals. Today was clear pretty early we were going to have a rampaging trend up day. $uvol-dvol$ essentially went straight up all day. advn-decn ratio was +1000 all day, /zb was red all day... and the risk-on market, /tf, was super strong.
If anyone has other indicators they believe helps them see the market internals well, please leave a comment below.