10-day average excluding the selloff of 09/20/21
S&P 500 ticks higher during the first 40-45 minutes of trading, it tends to go flat to negative heading into the second half of the session
On average, the index sees its highest point during the first 10 minutes of the session
More recently, we have seen bids after 12:00 sending the index to session highs. The 5-day avg sees its highest point of the day at 12:40 (ex. 09/20/21)
[1st Half of The Day]
[9:30 - 16:00]
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