Price Projection Numbers
111 24
110 12
109 01
Spike Numbers
111 26
109 24
Important numbers from the last couple of weeks
111 08
111 04
110 28
110 21
110 08
110 01
109 29
Price Projection Numbers are based on my own algorithm. Think of them as support and resistance.
Spike Numbers are a variation of the above based on solely where a single spike up or down might stop momentarily. Price will usually reverse from a spike number because the rush to the spike was so great. Even though price may reverse from a spike number, it doesn't necessarily mean that price will now go in the other direction. It may be a pullback and time to buy or sell depending on if it was a spike up or a spike down.
Please note that I believe if we break 109 29 that we will move down even more from there. The move down to 109 29 will be dependent on what happens at 110 01.
We haven't had a 2 point move day in the ZB's in a long time have we? That will probably have to wait until next week's FOMC meeting.
I'm biased to the short side and I will be looking to short at pullbacks from a spike down. So far world financial news looks bearish for the open.
Finally, remember, this is day trading. Don't be married to your bias. FWIW, I had a rather significant day last week Friday. God willing, I will repeat that success today.
Lance, Surdo, and BlueHorseshoe nailed yesterday. Let's see if we can get a brief pre-market game plan from each of them.
111 24
110 12
109 01
Spike Numbers
111 26
109 24
Important numbers from the last couple of weeks
111 08
111 04
110 28
110 21
110 08
110 01
109 29
Price Projection Numbers are based on my own algorithm. Think of them as support and resistance.
Spike Numbers are a variation of the above based on solely where a single spike up or down might stop momentarily. Price will usually reverse from a spike number because the rush to the spike was so great. Even though price may reverse from a spike number, it doesn't necessarily mean that price will now go in the other direction. It may be a pullback and time to buy or sell depending on if it was a spike up or a spike down.
Please note that I believe if we break 109 29 that we will move down even more from there. The move down to 109 29 will be dependent on what happens at 110 01.
We haven't had a 2 point move day in the ZB's in a long time have we? That will probably have to wait until next week's FOMC meeting.
I'm biased to the short side and I will be looking to short at pullbacks from a spike down. So far world financial news looks bearish for the open.
Finally, remember, this is day trading. Don't be married to your bias. FWIW, I had a rather significant day last week Friday. God willing, I will repeat that success today.
Lance, Surdo, and BlueHorseshoe nailed yesterday. Let's see if we can get a brief pre-market game plan from each of them.
