On Tuesday, July 5th, the SPY and QQQ both had displayed trend confirmation. The Trend-Following filter on the daily and the ML1 Level both indicated a Long Day.<\/p>\n\n\n\n
The DIA showed a Long Trend on the daily and reached the MS1 Level Down. The DIA later became an intra-day reversal. An Intra-Day Reversal occurs when a market reaches the ML1 and MS1 in the same trading day.<\/p>\n\n\n\n On Tuesday, July 5th, the SPY and QQQ both had displayed trend confirmation. The Trend-Following filter on the daily and the ML1 Level both indicated a Long Day. The DIA showed a…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-3662","post","type-post","status-publish","format-standard","hentry","category-qat-analytics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/posts\/3662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/comments?post=3662"}],"version-history":[{"count":6,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/posts\/3662\/revisions"}],"predecessor-version":[{"id":3672,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/posts\/3662\/revisions\/3672"}],"wp:attachment":[{"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/media?parent=3662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/categories?post=3662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/tags?post=3662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}SYMBOL<\/td> Last<\/td> Open<\/td> High<\/td> Low<\/td> ML 1<\/td> MS 1<\/td> Direction<\/td> Current Position<\/td> Date<\/td> Trend<\/td><\/tr><\/thead> SPY<\/a><\/td> 381.96<\/td> 375.88<\/td> 381.98<\/td> 372.9<\/td> 378.87<\/td> 372.89<\/td> LONG<\/td> Above ML2<\/td> 2022-07-05<\/td> Long<\/td><\/tr> QQQ<\/a><\/td> 286.96<\/td> 278.31<\/td> 287.08<\/td> 276.75<\/td> 280.76<\/td> 275.86<\/td> LONG<\/td> Above ML3<\/td> 2022-07-05<\/td> Long<\/td><\/tr> DIA<\/a><\/td> 309.71<\/td> 306.6<\/td> 309.76<\/td> 303.58<\/td> 308.89<\/td> 304.31<\/td> REVERSAL<\/td> Reversal Above ML1<\/td> 2022-07-05<\/td> Long<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"