ON Range – Overnight Session Range – The high (ONH) minus the low (ONL) established between 16:15 and 09:30 EST
RTH Range – Regular Trading Hours Session Range – The high minus the low established between 09:30 and 16:15 EST
Over the last 2,159 trading days:
- 98.01% of the time the ONH or ONL was broken during the RTH Session
- 71.38% of the time the ONH or ONL were extended by 50% of the ON Range during the RTH Session
- 40.20% of the time the ONH or ONL were extended by 100% of the ON Range during the RTH Session
- 32.42% of the time both the ONH and ONL were broken during the RTH Session
@metricsmaestro 