Just thought I 'd throw this chart out as an example of daily action in the
OEX. The red line is the dynamic midpoint throughout the day. The yellow
lines are fib retracements. You may have heard that price often returns to
the open(magenta line) which ranks with the midpoint as an intraday target.
Kind of makes a believer out of fib afficionados.
BobR
http://www.oextrader.com/sigma_trader
http://wwwlzubee.com
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