The DIA reached the MS1 Level down before quickly rebounding back to the Open and the Upward Limit. Reaching the Upward Limit reduces the likelihood of a close below the MS1 Level.
Author: Todd Hudson
IDMM -ETF Results October 28, 2020
All three market-based ETFs gapped down and continued lower on Wednesday. Usually, in a gap situation, you get a move back towards the low of the previous trading session. Not this time.
IDMM -ETF Results October 27, 2020
Tuesday, the DIA reached the MS1 Level down, shortly before 3 pm. It made a shallow pullback off the level, then closed below the MS1. The SPY and QQQ traded in narrow…
IDMM -ETF Results October 26, 2020
The SPY and DIA both gapped down on Monday and continued lower. Neither ETF made a strong attempt to return to Friday’s Low. The QQQ opened lower, met the ML1 within the…
IDMM -ETF Results October 23, 2020
The QQQ reached the MS1 Level shortly after the Open and formed a base along the MS1 Level before rallying back towards the Open after 1 PM. ‘Fast Moves’ often come from…
IDMM -ETF Results October 22, 2020
None of the ETFs met the criteria for a High Probability setup during Thursday’s trading day. Due to an error in the reported High of the day for the SPY on Wednesday,…
IDMM -ETF Results October 21, 2020
All three market-based ETFs (DIA, QQQ, and SPY) reached the ML1 level up in early trading, shortly after 9:45 AM. All three for the second consecutive day had very deep pullbacks, testing…
IDMM -ETF Results October 20, 2020
The SPY and DIA met the ML1 Level up in mid-afternoon trading around 1:15-1:30 PM. Neither ETF managed to make a move to the next level. The markets made very deep pullbacks…
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…
ML3 Early Trading
Stocks that have reached the ML3 Level Up in early trading. This research is designed to demonstrate that the High… You must be logged in to view this content.