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Hello omega-list,
To calculate Support and Resistance levels for the 24 hour emini
contract should the dailyhigh and dailylow be calculated using
the whole 24 hours of data, or should the dailyhigh and dailylow be
calculated only during S&P open outcry hours 8:30am - 3:15pm.
Thanks
Nevi
Resis2 = Pivot plus (Resis1 minus Supp1)
Resis1 =(Two times Pivot) minus daily Low
Pivot = (DailyHigh plus DailyLow plus DailyClose) divided by 3
Supp1 = (Two times Pivot) minus daily high
Supp2 = Pivot minus (Resis1 minus Supp1)
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