|
PureBytes Links
Trading Reference Links
|
>>The S&P closed at 1412.2 vs. 3113 for the Nasdaq.Numbers for
>>both appear acceptable.
>>By request:
>>S&P
>>
>>Level 3 R=1422.7....S=1401.7...Drop dead Sell and Buy points.
>>
>>Level 2 R=1418.0....S=1406.4....Stop loss points or reversal if strong
>>break
>>
>>Level 1 R=1415.0....S=1409.4....Sell and Buy stop points
>>
>>I believe the ideal opening trading range to be 1409.4 to
>>1418.0.
>>>>Nasdaq
>>>>
>>>>Level 3 R=3213............S=3013......Same descripton.
>>>>
>>>>Level 2 R=3168............S=3058......Ditto
>>>>
>>>>Level 1 R=3140............S=3086......Ditto
>
>>DESCRIPTION:Level 3 are points if reached have a high probabiltity for
>>profit if sold at R or Bought at S. Level 2 are stop loss points if you
>>enter at level 1.They are also breakout points if penetrated.Level 1
>>assuming we open in the range are buy and sell points.If out of the range
>>no
>>trade.
John
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com
|