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QAT Systems, LLC The Intra-Day Momentum Method The Intra-Day Momentum Method - ETFs

IDMM -ETF Results October 19, 2010

All three market-based ETFs (SPY, QQQ, DIA) reach the MS1 level down in the first hour of trading. These ETFs continued lower and close below the MS3 Level Down during Monday’s trading session. Notice that after reaching the MS1 Level, each market pulled back. However, the pullbacks were not deep. Markets that pull back deep into the trading range are less likely to reach the extended levels.

The DIA reaches the MS1 @ 285.39 around 10:15 am and closes below the MS3 Level
The SPY reaches the MS1 Level 346.98 @ 10:15 and closes below the MS3 level.
The QQQ reaches the MS1 Level 288.40 @ 10:15 and closes below the MS3 level.

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