The SPY has reached the ML1 Level @ 357.42. With a little more than an hour remaining in the trading day. The question remains, is it likely that we get a significant…
Author: Todd Hudson
DIA reaches ML1
The DIA has reached the ML1 Level @ 294.62. The ‘Time of Day’ when a level is reached is part of our continued efforts to find higher probability scenarios of the levels….
QQQ reaches MS1
The QQQ has reached the MS1 @ 287.88. If the QQQ reaches the Upside Limit, the likelihood of a Close below MS1 diminishes.
IDMM-ETF Results November 12, 2020
None of the market-based ETFs met the HP scenario during today’s trading session. The SPY reached the MS1 Level down. The SPY continued lower, reaching the MS2 Level, before rallying in the…
IDMM-ETF Results November 11, 2020
The QQQ reached the ML1 @ 288.29 in the first 15 minutes of trading. After a brief pullback, the QQQ continued higher and closed above the ML1. The SPY and DIA did…
IDMM-ETF Results November 10, 2020
No levels were met in any of the market-based ETFs that we follow.
QQQ reaches ML1
The QQQ reaches the ML1 within the first 15 minutes of trading. The ML1 Level @ 288.29 and the Downside Limit is 284.73. Strong markets do not tend to pull back all…
IDMM-ETF Results November 9, 2020
The increased volatility has begun. Increased volatility tends to lead to higher percentages of intra-day reversals. During these uncertain times, caution should be taken. The SPY and DIA gapped up on Monday….
IDMM-ETF Results November 6, 2020
All three market-based ETFs (SPY, QQQ, and DIA) reached the MS1 Level down in the first 15 minutes of trading. These ‘Fast Moves’ were relatively large in terms of distance in ‘price’….
IDMM-ETF Results November 5, 2020
The DIA reached the ML1 Level shortly after 10 am. It pulled back to test the Open before an afternoon rally to close below the ML1. The QQQ and the SPY were…