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…
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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…
IDMM-ETF Results December 3, 2020
The QQQ was an Intra-Day Reversal on Wednesday. Unless there was an increase in volatility, back-to-back Intra-Day Reversals were unlikely. The QQQ reached the MLS1 at 305.71, around 11 AM. The ETF…
IDMM-ETF Results December 2, 2020
The QQQ reached the MS1 Level at 300.47 within the first 15 minutes of trading. As mentioned many times, this should be considered a ‘Fast Move’. Fast moves tend to be the…
DIA reaches ML1
The DIA has reached the ML1 Level at 301.84. The Downside Limit is 300.19. The strongest markets do not have a tendency to pull back all that much. If the DIA reaches…
SPY reaches ML1
The SPY has reached the ML1 Level at 368.60. The Downside Limit is 366.68. Remember that strong markets do not pull back all that much. If the SPY reaches the Downside Limit,…
SPY reaches ML1
The SPY has reached the ML1 at 368.03. The downside limit is 366. It’s not likely to get a move to an extended level, without some driving force or news related event,…
IDMM-ETF Results December 1, 2020
None of the ETFs reached any levels from The Intra-Day Momentum Method during today’s trading session.