The QQQ has reached the MS3 Level at 302.81.
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QQQ reaches MS2
The QQQ has reached the MS2 Level at 305.24. After a ‘Fast Move’ to the MS1 Level. A move from above the Open to below the MS1 in approximately 15 minutes. The…
QQQ reaches MS1
QQQ has reached the MS1 in a ‘Fast Move’ @ 306.67. The Upside Limit is 308.87.
QQQ reaches ML1
After a ‘Fast Move’ down to the MS1 Level in the first 30 minutes of trading. The QQQ has reached the ML1 Level at 307.97, creating an Intra-Day Reversal according to The…
DIA reaches ML2
The DIA has reached the ML2 Level at 302.13.
DIA reaches ML1
The DIA has reached the ML1 at 301.07. The Downside Limit is 299.48. The strongest stocks do not tend to pull back all that much. A move to the Downside Limit would…
QQQ reaches MS1
The QQQ has reached the MS1 at 305.55 in the first 30 minutes of trading. The weakest stocks do not tend to pull back all that much. The Upside Limit is 307.37…
SPY reaches MS1
The SPY reached the MS1 Level in the last 15 minutes of trading. It’s not likely that you get a move to an extended level with such a late test of a…
DIA reaches MS1
The DIA has reached the MS1 Level at 300.74. The Upside Limit is 302.29. If the DIA reaches the Upside Limit, the likelihood of a close below the MS1 would diminish.
IDMM-ETF Results December 4, 2020
The DIA and SPY both reached the ML1 Levels between 10 and 11 AM. The SPY ML1 was at 368.60 with a Downside Limit of 366.68. The DIA’s ML1 was at 301.84…