The QQQ has reached the MS1 Level at 311.78. The Upside Limit is 313.42. Weak markets do not tend to pull back all that much. If the QQQ reaches the Upside Limit,…
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QQQ reaches MS1
The QQQ has reached the MS1 Level down at 312.95. The Upside Limit at 314.77. If the upside limit is reached, the likelihood of a close below the MS1 will diminish. The…
QQQ reaches ML1
The QQQ has reached the ML1 Level at 309.61 within the first 15 minutes of trading. The downside limit is 307.90. Today is a holiday-shortened session as the markets close at 1…
QQQ reaches MS1 Level
The QQQ has reached the MS1 Level down in the first 30 minutes of trading at 308.30. The upside limit is 310.57. Weak markets do not have a tendency to pull back…
DIA reaches ML1
The DIA has reached the ML1 at 302.08, in the first 30 minutes of trading. The downside limit is 300.68. A strong market does not tend to pull back all that much…
SPY reaches MS1
The SPY has reached the MS1 Level down at 366.22. The Upside Limit is 369.21. A move to the Upside Limit would reduce the likelihood of a close below the MS1 level.
DIA reaches MS1
The DIA reached the MS1 Level down at 300.20. The Upside Limit is 302.66. A move to this level would reduce the likelihood of a close below the MS1. Weak markets do…
DIA reaches MS3 Level
The DIA has reached the MS3 Level down at 301.00 around 11:00 AM. Reaching this level is likely to indicate that the Low of the Day is ‘Close’ in terms of price.
DIA reaches MS2
The DIA has reached the MS2 Level down at 301.69 within the first hour of trading.
DIA reaches MS1
The DIA has reached the MS1 at 302.38 with an Upside Limit of 303.42. This was a rather fast move, as the level was reached in the first 30 minutes of trading….