Strongest and weakest setups
The Radar's lists of the best-organized long and short candidates on the desk right now.
Formula
Strongest: trend up, RVOL ≥ 1.3, above VWAP, ahead of SPY today, ≥ $5M traded ranked by RS vs SPY × max(1, RVOL) Weakest: the mirror image
Inputs
- Trend up. The one-minute EMA 9 above the EMA 20 with the price at or above VWAP (down: below and below).
How to use it
A starting list for intraday continuation trades: names already moving on volume, leading the market and holding VWAP.
Limitations
A filter on today's tape only; it says nothing about valuation or news, and a setup can fail on the next print.
In Kereon
Market · Radar. Re-run on every desk snapshot.
Also called: strong setups, weak setups, radar setups, scans.