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…
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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…
Are you looking for an EDGE?
The Intra-Day Momentum Method is a model for determining the intra-day market direction. The model was developed to find historically significant levels across a large number of stocks. The model was applied…