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Technical Leading Indicators
In the world of options trading, there are thousands of optionable securities. An options trader's first task is to select a limited number of securities that are worth analyzing. There are many ways to choose such securities. For example, one might look at Yahoo's list of yesterday's most active stocks by share volume and pick a few of the top-ranked securities. Another way is looking at the WSJs list of yesterday's volume gainers (based on the % change of the current daily volume vs. the 65-day average daily volume) and pick a few of the top-ranked securities. And, a third way is to use one or more leading indicators.
Of the myriad technical indicators available in SC, which leading indicator(s) are better suited for such task?