The DIA has reached the ML1 at 301.07. The Downside Limit is 299.48. The strongest stocks do not tend to pull back all that much. A move to the Downside Limit would diminish the likelihood of a close above the ML1 Level.

Quantitative Analytics for Intra-Day Traders
The DIA has reached the ML1 at 301.07. The Downside Limit is 299.48. The strongest stocks do not tend to pull back all that much. A move to the Downside Limit would diminish the likelihood of a close above the ML1 Level.