ibd-distribution-day-monitorlisted
Install: claude install-skill Serennity007/claude-trading-skills
# IBD Distribution Day Monitor
## Purpose
Detect IBD-style Distribution Days for major market ETFs (QQQ as Nasdaq proxy, SPY as S&P 500 proxy) and produce a daily market deterioration signal plus a TQQQ/QQQ exposure recommendation. Designed for post-market review.
## When to Use
Invoke this skill:
- Daily after the US market close.
- Before increasing TQQQ exposure or rebalancing leveraged positions.
- When evaluating whether an uptrend is becoming vulnerable to a correction.
- As an upstream input to FTD (Follow-Through Day) detection or other market-state frameworks.
Do NOT use this skill to:
- Execute trades or modify orders.
- Generate discretionary market predictions outside of the IBD ruleset.
## Inputs
- Symbols (default: QQQ, SPY) and lookback (default 80 trading sessions).
- Optional `--as-of YYYY-MM-DD` for backtesting against a historical session.
- Strategy context: instrument (TQQQ or QQQ), current exposure %, base trailing stop %.
- FMP API key via `--api-key`, `config.data.api_key`, or `FMP_API_KEY` env var (in that priority order).
## Core Rules
A Distribution Day is detected when:
1. Today's close is at least 0.2% below yesterday's close.
2. Today's volume is greater than yesterday's volume.
A Distribution Day is removed from the active count when either:
- More than 25 trading sessions have elapsed since the DD.
- The index has gained 5% from the DD close (using post-DD high by default; configurable to close-source).
Today's DD is never invalidated im