Trader Journey

Welcome to Trader Journey

✅ SPY Daily Bias & Confidence Checklist

🕗 Use at: 9:25 AM ET (just before market opens)

Note: Simply enter yesterday's data and today's open. All confidence factors and the bias will be automatically calculated for you.

🔹 Step 1: Input Prior Day's Data

🔹 Step 2: Input Today's Pre-Market Data

📊

Today's VWAP (Key Factor)

Adds +1 to confidence when VWAP disagrees with bias direction

🔹 Step 3: Determine Bias

Bias Logic:

  • If Today's Open > Yesterday's High → Bias = Bullish (Gap Up)
  • If Today's Open < Yesterday's Low → Bias = Bearish (Gap Down)
  • If Today's Open is inside yesterday's range:
    • If Close > (High + Low)/2 → Bias = Bullish
    • If Close < (High + Low)/2 → Bias = Bearish

🔹 Step 4: Score Confidence (–1 to 4)

Current Factors:

🟦 VWAP disagrees +0(enter VWAP)🟩 Body ≥ 2.5pts +0🟩 Wick ≤ 2.0pts +0🟩 Open inside range +0🔻 Gap against bias +0
Enter VWAP value to calculate this factor

🧭 Trade Readiness

Confidence ScoreGuidance
3-4High-confidence setup ✅
2Trade with confluence ⚠️
1Trade with caution ⚠️
0 or lessAvoid bias trades ❌

Your Recommendation:

Avoid bias trades ❌