QAT Systems, LLC

The SPY reached the MS1 in a late afternoon decline. The MS1 Level is at 379.26. The Upside Limit is 381.26.

The QQQ has reached the ML1 Level Up at 315.81. The Downside Limit is 313.38. The strongest 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.

The SPY has reached the ML1 Level up at 379.47. The Downside Limit is 377.04. The strongest markets do not tend to pull back all that much. If the SPY reaches the downside Limit, the likelihood of a close above the ML1 would diminish greatly.

The DIA has reached the ML1 Level up at 309.79. The Downside Limit is 307.85. The strongest markets do not tend to pull back all that much. If the DIA were to reach the downside limit, the likelihood of a close above the ML1 would diminish.

The QQQ has reached the MS1 Level down in the first 15 minutes of trading. That MS1 Level is at 314.3. The Upside Limit is 316.79. If the Upside Limit is reached, the likelihood of a close below the MS1 would be diminished.

The DIA has reached the MS1 Level at 310.06. The Upside Limit is 311.85. The weakest markets do not tend to pull back all that much. If the DIA reaches the Upside Limit, the likelihood of a close below the MS1 level is diminished.

The SPY has reached the ML1 Level at 378.40. The downside limit is 309.31. The strongest markets do not tend to pull back all that much. A move to the downside limit would reduce the likelihood of a close above ML1.

The QQQ has reached the ML1 Level at 312.22. The downside limit is 309.31. This was a rather fast move to the ML1 level. The strongest markets do not tend to pull back all that much. If the downside limit is reached, the likelihood of a close above the ML1 will diminish considerably.

The SPY has reached the ML1 at 371.29. The downside limit is 3368.92. The strongest markets do not tend to pull back all that much.

The SPY has reached the ML1 at 370.87. The downside limit is 366.71.