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Bob and group,
Did any Market Profile watchers notice the abnormally large number of days
in September when day sessions prices on the SP opened totally outside the
previous days range (12 days out of 20). Does this have any significance
because I've been tracking the open to the previous day range/value area now
for about two years and haven't seen this before?
Howard
-----Original Message-----
From: BobR [mailto:bobrabcd@xxxxxxxxxxxxx]
Sent: Tuesday, October 01, 2002 12:24 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] temperature is dropping
Here we are again mid lunch and the Elder temperature is dropping like a
winter wind as are the power volume yellow bars. The SPZ2 is hanging out
just abocve Monday's value area high(magenta dotted line). A break above
vahigh 820.5 should bring in some buying and a break below 815.5 should
bring in some selling perhaps down to POC=810. At the moment support is
vah816 and val804 with point of control 818 dark blue line running
inbetween. It really is in a most undecided state...which leads to big
moves.
bobr
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