{"id":750,"date":"2020-12-03T16:24:42","date_gmt":"2020-12-03T16:24:42","guid":{"rendered":"https:\/\/www.qatsystems.com\/analytics\/?p=750"},"modified":"2020-12-03T16:24:45","modified_gmt":"2020-12-03T16:24:45","slug":"qqq-reaches-ml1-4","status":"publish","type":"post","link":"https:\/\/www.qatsystems.com\/analytics\/2020\/12\/03\/qqq-reaches-ml1-4\/","title":{"rendered":"QQQ reaches ML1"},"content":{"rendered":"\n<p>The QQQ has reached the ML1 at 305.71, with the downside limit at 303.25.  Wednesday was an Intra-Day Reversal according to the IDMM.  This occurs when a market reaches both the ML1 and MS1 in the same trading session.  Back-to-back Intra-Day Reversals are not common.  Increased volatility would increase the likelihood of back-to-back Intra-Day Reversals.  The strongest markets do not pull back all that much.  If the QQQ reaches the Downside Limit, the likelihood of a close above the ML1 deminishes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"268\" src=\"https:\/\/i0.wp.com\/www.qatsystems.com\/analytics\/wp-content\/uploads\/2020\/12\/QQQ-ML1-12-3-20.png?resize=640%2C268&#038;ssl=1\" alt=\"\" class=\"wp-image-751\" srcset=\"https:\/\/i0.wp.com\/www.qatsystems.com\/analytics\/wp-content\/uploads\/2020\/12\/QQQ-ML1-12-3-20.png?resize=1024%2C428&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.qatsystems.com\/analytics\/wp-content\/uploads\/2020\/12\/QQQ-ML1-12-3-20.png?resize=300%2C125&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.qatsystems.com\/analytics\/wp-content\/uploads\/2020\/12\/QQQ-ML1-12-3-20.png?resize=768%2C321&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.qatsystems.com\/analytics\/wp-content\/uploads\/2020\/12\/QQQ-ML1-12-3-20.png?resize=1200%2C501&amp;ssl=1 1200w, https:\/\/i0.wp.com\/www.qatsystems.com\/analytics\/wp-content\/uploads\/2020\/12\/QQQ-ML1-12-3-20.png?w=1274&amp;ssl=1 1274w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The QQQ has reached the ML1 at 305.71, with the downside limit at 303.25. Wednesday was an Intra-Day Reversal according to the IDMM. This occurs when a market reaches both the ML1&#8230;<\/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":[14,1],"tags":[],"class_list":["post-750","post","type-post","status-publish","format-standard","hentry","category-etf-idmm-hp-rt","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\/750","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=750"}],"version-history":[{"count":1,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/posts\/750\/revisions"}],"predecessor-version":[{"id":752,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/posts\/750\/revisions\/752"}],"wp:attachment":[{"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/media?parent=750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/categories?post=750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.qatsystems.com\/analytics\/wp-json\/wp\/v2\/tags?post=750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}