What is a 10 am reversal time?

Among the many patterns and strategies employed by traders, there's one particular phenomenon that stands out—the highly lucrative 10 AM reversal time. This is a setup that we frequently discuss and trade live in the Trader's Thinktank. If you trade the index (such as SPY or QQQ) or watch the index while you trade stocks, keep reading.

Is a 10am reversal a good a+ trade?

The 10AM reversal holds significant potential for traders. That said, an intraday setup is just an intraday setup. For a true A+ trade, we need confluence with multiple timeframe analysis. Higher timeframe alignment is key to a high trading hit rate which hits the bottom line with more profits.

What time is a good time to watch the stock market?

There is also frequent economic data released at 10 AM. 10 AM also marks the close of the opening 30-minute candle, which traders watch as part of an ORB strategy. Vigilance becomes your ally as you focus on the market around 10AM. Heading into 10 AM, we are usually watching SPY or QQQ for action near a level of interest.