After a Fast Move to the ML1 Level, the SPY has retreated to the MS1 Level @ 355.75. The SPY is now an Intra-Day Reversal. An Intra-Day Reversal occurs when a market reaches the first level on each side of the Open.
Quantitative Analytics for Intra-Day Traders
After a Fast Move to the ML1 Level, the SPY has retreated to the MS1 Level @ 355.75. The SPY is now an Intra-Day Reversal. An Intra-Day Reversal occurs when a market reaches the first level on each side of the Open.