First Hour Analysis — Day Classification Guide
Every trading day gets classified by what happens in the first 60 minutes (9:30–10:30 ET). The classification, the range, and the volume tell you what kind of day to expect — and where to look for entries and exits.
FH Move %
% from 9:30 open to 10:30 close. ≥+0.30% on big volume = Buy-Up.
FH Range (pts)
FH High − FH Open. The measuring stick for all pullback levels.
25% Pullback
Running High − 0.25 × FH Range. First dip target after extension.
50% Pullback
Running High − 0.50 × FH Range. Deeper retracement; near FH High retest.
Continuation
Hours from FH end to Final Abs High. All-day run = trend day.
Extension above FH High
Points beyond FH High that the session reached. Shows remaining upside.
Failed?
Yes = price never broke FH High after 10:30. Head-fake opening thrust.