RE: [RT] Direction?

[Ketayun <ketayun@xxxxxxxxxxxxx>]

Interesting, thanks for posting. Here is what I was looking at..

 

I was doing the quarterly, monthly and daily pivots.. and here is what comes up for tomorrow..

Quarterly P=1196 S1=1080 (SPX)

Monthly P=1191 S1 =1079 (ES)

Weekly P=1215

Now here is the peculiarity..

Tomorrow's daily R1=1191 R2=1215 S2=1088

P=1151 which works with fib support (so no confusion there.)

Which of the daily numbers other than the pivot could be touched and how important is it?

My mindset was a high on Thursday 2nd. with tomorrow down.. but these numbers appear as if we could have the high tomorrow. The 1080/88 is also a TL support point on the Quarterly chart

-----Original Message-----
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx]On Behalf Of Ron Cernokus
Sent: Tuesday, September 30, 2008 5:50 PM
To: realtraders
Subject: [RT] Direction?

Looking now for the S&P to move on up into the next turning point on Monday the 6th.

 

Ron

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