Fast Moves often come from False Moves. The QQQ reached the MS3 level @ 364.55 down in the first hour of trading. The DIA reached the MS2 Level down @ 352.80 in…
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The Intra-Day Momentum Method
I discuss the historical results for The Intra-Day Momentum Method. This model applied to over 400 stocks from the S & P 500. The results are from April 2015 through October 2020.
Results for 6-10-21
All three market-based ETFs had ‘Fast Moves’ off the Open. The SPY and DIA resulted in Intra-Day Reversals. The QQQ managed to extend to the ML2 Level and after a rather deep…
SPY, DIA, QQQ Reach MS3 Level in Early Trading
After gapping down on the Open, the SPY, DIA, and QQQ all three met the MS3 Level down before noon today.
SPY reaches MS1
In a ‘Fast Move’ which occurred shortly after the Open, the SPY reached the MS1 Level down at 380.35. The Intra-Day Fast Moves, which occur at times other than ‘off the Open’…
SPY and DIA reach MS1 Level
The SPY and DIA both reached the MS1 Levels down in the first 30 minutes of trading. The most dangerous moves for the directional trade are ‘Fast Moves’. Fast is defined as…
SPY, DIA, and QQQ reach ML1
The SPY and DIA both reached the ML1 level in the first 15 minutes of trading. The QQQ was a little slower to react, reaching the ML1 around 10:45 AM. Fast Moves…
SPY reaches MS3 in early Trading
The SPY reached the MS3 Level down at 380.19 by 11 AM Monday morning. This was a relatively ‘Fast Move’. Fast Moves often come from ‘False Moves’.
DIA reaches ML1
The DIA has reached the ML1 Level at 311.46. The Downside Limit is 309.91. Strong markets do not tend to pull back all that much. A move to the Downside Limit would…
SPY reaches MS1
The SPY reached the MS1 in a late afternoon decline. The MS1 Level is at 379.26. The Upside Limit is 381.26.