Market achieves 75% upside day at 11am, Walter Deemer notes

Market achieves 75% upside day at 11am, Walter Deemer notes
U.S. market posts 75% upside

A sharp surge occurred in the U.S. stock market with a 75% upside day recorded at 11am, according to data cited by Walter Deemer. The calculation is based on the UVOL/(UVOL+DVOL) ratio using Lowry’s definition.

Deemer also referred readers to additional links for methodological context. The tweet invoked a quote from 'Mr. Market' alluding to significant market movement without reaching a 90% upside day.

Deemer recently identified 657.03 as a key gap level for SPY, observing that trading above this threshold could trigger a breakaway move in the index, according to a previous note. In a separate instance, he described a 67 percent downside day as insignificant and pointed out that the QQQ index had not rallied to fill its gap at 585.69, as outlined in an earlier report. These observations form part of Deemer’s ongoing tracking of notable levels and volume-based market shifts.

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