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Re: [RT] S and R trading method for S&P



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Here is the bond number set up.  The way it is set up here you can us it for any
range and close.  I used it many years ago using the past days range and close.

The support and resistance lines on the chart are based upon yesterdays range.
Hope that this helps.  Ira.

3R 3rd HighResistance=High+Range
2R 2nd HighResistance=Average+Range
1R 1st HighResistance=(2xAverage)-Low
H Yesterday's High
M Current Midpoint Line
L Yesterday's Low
1S 1st LowSupport=(2xAverage)-High

2S 2nd LowSupport=Average-Range
3S 3rd LowSupport=(2xAverage)-High-Range




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