How To Predict Daily Close

bmcgraw393

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This is thread to see what y'alls favorite method is to determine if the daily close will close higher or lower than the opening price.

I believe that the best method is the use of the VWAP. Around noon, I will see if the current price is above the VWAP and if the VWAP has a positive slope. If the VWAP has a positive slope, I will wait for the price to test the VWAP, and based off of these indications I can conclude if the price will close above open or not. This strategy works well, but it definitely has its down sides.

What are y'alls recommended methods?
 

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