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>>>>The S&P closed at 1425.5 vs. 3204 for the Nasdaq.
>>>>By request:
>>>>S&P
>>>>
>>>>Level 3 R=1440.0....S=1411.0...Drop dead Sell and Buy points.
>>>>
>>>>Level 2 R=1433.4....S=1417.6....Stop loss points or reversal if strong
>>>>break
>>>>
>>>>Level 1 R=1429.5....S=1421.5....Sell and Buy stop points
>>>>
>>>>I believe the ideal opening trading range to be 1421.5 to
>>>>1433.4.
>>>>>>Nasdaq
>>>>>>
>>>>>>Level 3 R=3275............S=3133......Same descripton.
>>>>>>
>>>>>>Level 2 R=3243............S=3165......Ditto
>>>>>>
>>>>>>Level 1 R=3223............S=3185......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
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