Market gives us 2 good moves ,1 in the morning session and 1 in the afternoon session.In between these,the market goes in a dull period.The move in the afternoon session is likely to be a stable move which may continue in the next trading day. This move comes after 1:00-1:30 and likely to be much more durable.It is also observed that around 2:30 the market takes a correction and then the final move starts.Traders call it 2:30 factor.
On strong trend days,we get many good moves all through the day in the form of breakout from consolidation,wide range bars etc.
Just a few general observations.
ST