The QQQ has reached the ML1 Level Up at 315.81. The Downside Limit is 313.38. The strongest markets do not tend to pull back all that much. A move to the Downside Limit would reduce the likelihood of a close above the ML1.

Quantitative Analytics for Intra-Day Traders
The QQQ has reached the ML1 Level Up at 315.81. The Downside Limit is 313.38. The strongest markets do not tend to pull back all that much. A move to the Downside Limit would reduce the likelihood of a close above the ML1.