Auto-derived from XLE session history · updated nightly
On Fridays, Normal Variation sessions are the most common at 50.2%. Watch for a moderate range expansion past IB but capped at 2× IB.
IB breaks 91.0% of the time — only 9.0% of sessions stay range-bound. Both sides break 13.3% (Neutral days).
Average session range is 0.7026 pts. The middle 68% of sessions runs 0.3225 → 1.1 — anything outside is an outlier day.
Gap up days test prior session high 64.8% of the time. Gap down days test prior low 63.6%.
When the IB VPOC sits in the upper half, IB high breaks 62.3% of the time. Lower half: IB low breaks 59.1% of the time.
50.0% of sessions close green. Average signed move is -0.02%, with a typical absolute move of ±1.01%.
96.5% of sessions break either the overnight high or low. The OVN high is tested 63.8% of the time, OVN low 62.6%.
How wide a typical day is, end to end
| Measure | Value |
|---|---|
Typical Half of sessions come in under this | 0.6136 pts |
Normal band The middle 68% of sessions | 0.3225 → 1.08 pts |
Unusual above A session range past this is an outlier day | 1.08 pts |
The first hour's high-to-low spread
| Measure | Value |
|---|---|
Typical Half of sessions come in under this | 0.4050 pts |
Normal band The middle 68% of sessions | 0.2118 → 0.7168 pts |
Unusual above A first hour past this is an outlier day | 0.7168 pts |
Initial Balance break rates · day types by weekday · gap behavior · value-area touches · seasonality · the full set. Pro is $9/mo, cancellable anytime, and gives you every market on this list.