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Here are a couple of charts that will be interesting to see how they
reflect reality today. The djiPivot chart may be a little confusing since
it has a lot on it. The grey lines are the classical pivots that are
popular with market makers. The probability zones relate only to the grey
lines:
Zone6 > R2a
R1A<Zone5<R2a
Keyline<Zone4<R1A
S1A<Zone3<Keyline
S2A<Zone2<S1A
Zone1<S2A
Since the classical zone lines have pinched up to the Keyline it
facilitates gonzo type market moves because buy sell orders are place
within ticks of either side of the pivot lines.
Have an exciting day.
BobR
http://www.oextrader.com
Attachment Converted: "c:\eudora\attach\cone24.gif"
Attachment Converted: "c:\eudora\attach\djiP0115.gif"
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