|
PureBytes Links
Trading Reference Links
|
>>The S&P closed at 1428.7 vs. 3276 for the Nasdaq.Numbers for
>>both appear representative of ranges posted.
>>By request:
>>S&P
>>
>>Level 3 R=1450.4....S=1407.0...Drop dead Sell and Buy points.
>>
>>Level 2 R=1440.6....S=1416.8....Stop loss points or reversal if strong
>>break
>>
>>Level 1 R=1434.6....S=1422.8....Sell and Buy stop points
>>
>>I believe the ideal opening trading range to be 1422.8 to
>>1440.6.
>>>>Nasdaq
>>>>
>>>>Level 3 R=3399............S=3153......Same descripton.
>>>>
>>>>Level 2 R=3343............S=3209......Ditto
>>>>
>>>>Level 1 R=3310............S=3242......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 openin the range are buy and sell points.If out of the range
>>no trade.
>>
>>John
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com
|