All three market-based ETFs (DIA, SPY, and QQQ) met the MS1 Level down in late afternoon trading. All three closed below the MS1 Level.
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SPY reaches MS1 – Becomes an Intra-Day Reversal
After a Fast Move to the ML1 Level, the SPY has retreated to the MS1 Level @ 355.75. The SPY is now an Intra-Day Reversal. An Intra-Day Reversal occurs when a market…
DIA reaches the ML1
The DIA reached the ML1 @ 295.58 in the first 30 minutes of trading. Fast moves can come from false moves. The strongest markets do not pull back all that much. A…
SPY reaches ML1
The SPY reaches the ML1 @ 358.81 in the first 30 minutes of trading. Fast moves can come from false moves. A strong market is not likely to pull back to the…
SPY, DIA, and QQQ reach the MS1 Level
All three market-based ETFs reached the MS1 Level in the last hour of trading.
IDMM-ETF Results November 19, 2020
None of the market-based ETFs reached any levels during today’s trading session. The QQQ was an intra-day reversal on Wednesday. Back-to-back intra-day reversals are not likely. This is another part of our…
IDMM-ETF Results November 18, 2020
The SPY reached the MS1 Level Down @ 359.18. This was the IDMM-HP signal. The SPY then rallied back up to 360.06. After the rally, it returned lower, reaching the MS2 Level…
SPY reaches the MS2 Level
The SPY has reached the MS2 Level @ 357.45
SPY reaches MS1
The SPY has reached the MS1 Level @ 359.18 shortly after 2 PM. Upside Limit is 361.78.
IDMM-ETF Results November 17, 2020
The SPY reached the ML1 Level @ 361.63. This was not of the IDMM-HP variety. The SPY closed below the ML1 Level. In the original articles that were published on The Intra-Day…