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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

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 most dangerous for a directional trade, as they can oftentimes be ‘False Moves’. Once the QQQ reached the Upside Limit, the likelihood of a close below MS1 diminished considerably. The QQQ then became an Intra-Day Reversal after reaching the ML1 Level at 303.97. Back-to-back Intra-Day Reversals are ‘Rare’. Increased volatility could create a back-to-back reversal.

The DIA and SPY did not reach any IDMM-HP levels during Wednesday’s trading session.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results December 1, 2020

None of the ETFs reached any levels from The Intra-Day Momentum Method during today’s trading session.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 30, 2020

The SPY and QQQ reached the MS1 Level down around 10:15 AM. Both ETFs moved considerably lower rather quickly. The QQQ’s ‘Fast Move’ reached the MS2(296.50) and proceeded to the MS3(295.10) Level right around 10:30 AM. The QQQ rallied and closed just above the Open and all levels. The SPY’s ‘Fast Move’ reached the MS2(360.37) and came within .03 of the MS3 Level(359.14) just before 10:30 AM. The SPY rallied and closed just below the Open and above the MS1 Level.

The DIA did not reach any levels from the IDMM-HP criteria during today’s trading session.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 27, 2020

In a holiday-shortened trading session, none of the ETFs met any levels during today’s session.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 25, 2020

The DIA reached the MS1 Level at 298.63 and pulled back slightly. The DIA closed just above the MS1 Level. The QQQ and SPY traded in narrow ranges as neither ETF reached any level of the IDMM-HP criteria.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 24, 2020

None of the ETFs reached IDMM-HP levels during today’s trading session. On November 23, the SPY became an Intra-Day Reversal as both the ML1 and MS1 were reached in the same trading session. Historically, this does not happen in two consecutive trading sessions very often.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 23, 2020

The SPY and DIA reached the ML1 Level up in the first 30 minutes of trading. Both of these were of the IDMM-HP version at that time. The SPY reached the MS1 Level down around 11 AM. This move created an Intra-Day Reversal Pattern. This pattern occurs when the ML1 and MS1 are reached in the same trading day. The SPY then rallied to close near the Open. After a ‘Fast Move’ to the ML1, the DIA reached the Downside Limit around 11:30 AM. It then rallied and closed above the ML1 Level.

The QQQ was not of the HP version and reached the MS1 and MS2 Levels. The non-HP version indicates that there is a less likely chance of a close, in this case, below the MS1 Level.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 20, 2020

All three market-based ETFs (DIA, SPY, and QQQ) met the MS1 Level down in late afternoon trading. All three closed below the MS1 Level.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 19, 2020

None of the market-based ETFs reached any levels during today’s trading session.

The QQQ was an intra-day reversal on Wednesday. Back-to-back intra-day reversals are not likely. This is another part of our research that we are working on.

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IDMM-ETFs QAT Systems, LLC The Intra-Day Momentum Method - ETFs

IDMM-ETF Results November 18, 2020

The SPY reached the MS1 Level Down @ 359.18. This was the IDMM-HP signal. The SPY then rallied back up to 360.06. After the rally, it returned lower, reaching the MS2 Level @ 357.45 and closing below MS2 Level.

The QQQ reached the ML1 @ 293.21. This was not of the HP variety of the model. The QQQ then reached the MS1 Level in the last few minutes of trading. As discussed in the results from November 17, 2020, it appears that a ‘Fade’ is a more suitable trade in this scenario (Stocks/ETFs that do not meet the criteria for IDMM-HP) than a ‘Directional Trade’.

The DIA did not reach any level during today’s trading session.