Friday, September 17, 2021 11:31:47 AM
But, I am not sure that I agree with your statement. I have seen many 'rallies' at those times, but have also seen the fake outs where the PPS falls by the end of the day in the case of 'after lunch' and opening lower the next day for the 'power hour'.
What has been an interesting thing I have noticed is the 'lunch time' rally. They do all their business in the morning (loading), wait for the public to scoot off to get that Whopper and then with hardly any volume....BAM! Then those that were 'waiting' to get in are left out in the cold when they get back all fat and 'happy' (or not) and all the MM's have to do is keep it steady from there on out.
Then, if that happens and they do not give 'Joe Public' an opportunity (like some kind of pull back) to get in, and then they will have a 'gap' opening to the upside the next day and let them chase from there.
I am sure you have your reasons and ways for entering and exiting markets so what I have said might not mean much to you... but my call has to do with the SMA's IF this is going to continue the advancement for the day and close the week strong.
Great luck with your trading!
SM
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