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High-Probability Mean Reversion Indicator (ETFs Heading into the Week of May 16, 2022)

Learn how to use the High Probability Mean Reversion Indicator for all of your trading endeavors. IV, IV Rank also included.

hpmr may 16

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Below is my list of ETFs with the most liquid options for the week of May 16.

Here are the various levels I use to determine if an ETF is in an oversold or overbought state.

Very Overbought – a reading greater than or equal to 90.0

Overbought – greater than or equal to 75.0

Neutral – between 20.0 and 75.0

Oversold – less than or equal to 20.0

Very Oversold – less than or equal to 10.0

I will provide this information for the following ETFs on a weekly basis going forward. Stay tuned!

HPMR 5-13-22