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| The 3-day swing measures an ideal holding period for many short-termers. US markets and futures activity tend to move in 3-day mini-trends. 3 strong days often follow 3 weak ones. Or 3 days of trending follow 3 days of congestion. By aligning your trading with this market tendency, you can increase profit and catch larger proportions of each move. Find the location of the current swing at a recent reversal and count from there. Keep in mind that the swing length will expand and contract at times, while it responds to larger trend conditions. Use the 3-day swing as a cross-verification method by watching the tape for reversals after two trending days, especially when price approaches key S/R levels. |
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