# SPX Hourly Recap

We got the pullback and entry hit for a few points gains - not as much as we are aiming for as the market wants to wash out all the stops.

Here are some key projections that developed in the first hour:

**- Probability of initial dip allowing entry: 75%**

**- Average time to entry (if achieved): First 15 minutes**

**- Probability of getting stopped out: 25%**

**- Average time to stop-out (if it occurs): 20-25 minutes after entry**

**- Probability of bounce starting: 65%**

**- Average range: 30-40 points**

**- Probability of breaking opening low: 60%**

**- Average volume: 15-20% of daily volume**

**- Volatility: Typically 1.5x higher than rest of day**

Which shows a firm grasp within the first hourly session.