Street Smarts Linda Raschke Pdf Verified

: This strategy exploits mean reversion. It looks for days when the market closes in the extreme top or bottom 20% of its daily range. When the market closes at such an extreme, there is a high statistical probability of a reversal in the opposite direction on the following day.

(Average Directional Index) above 30 to find pullbacks to the 20-period EMA (Exponential Moving Average). Turtle Soup street smarts linda raschke pdf verified