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Friday, November 13, 2020 6:12:56 PM
What I have noticed fairly regularly is the PPS tends to trend UP in the first 30 mins or hour in the trading session, THEN it tends to drift DOWN afterwards and often times reaching its lowest PPS within the last hour of trading.
In general, it trends UP early in trading AT OPEN of market, which I now view as a SUCKER PUNCH, and it may stay up for an hour or more like today, but then toward the late middle to end of the trading session the PPS gradually falls.
My recommendation to you is to NEVER BUY at Market OPEN, and NEVER chase the PPS as it's rising. I would say this is a safe bet at lest 50-60% of the time, again in my personal experience.
Hope this helps!
Be well and prosper...
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