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Hello,
> This formula has been around for ages. Many traders in the pits
> "refer" to it daily to get an idea about support and resistance points
> for that trading day.
>
> There are refinements to it that a lot of others use, too.
>
Can you please help me getting more details and references to the idea and
formula?
Where can I locate more details about the refinements and its uses?
Thank you,
Dinesh.
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