The DIA has reached the ML1 Level at 311.46. The Downside Limit is 309.91. Strong markets do not tend to pull back all that much. A move to the Downside Limit would reduce the likelihood of a close above the ML1.

Quantitative Analytics for Intra-Day Traders
The DIA has reached the ML1 Level at 311.46. The Downside Limit is 309.91. Strong markets do not tend to pull back all that much. A move to the Downside Limit would reduce the likelihood of a close above the ML1.