Category: Index
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The Trading Day of the Month (TDOM) strategy, developed by Larry Williams, analyzes returns by trading days rather than calendar days. This approach uncovers repeatable market patterns, giving traders an edge over traditional monthly analysis. Backtest Setup We backtested 20 years of March data for QQQ (Invesco QQQ Trust, tracking the Nasdaq-100) with these rules:…
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S&P 500 – Trading Day of Month (TDOM) for March Hey folks, if you’re into trading the S&P 500, you might want to check out TDOM, or Trading Day of Month. It’s a cool way to look at how the market performs on specific trading days of the month, not calendar days, to spot patterns…