NQ Pivots (2-25-04)

Very interesting pivots for tommorrow.

Today's Settlement = Tommorrow's balance point (1463.5)
Today's Highs = Tommorrow's R1 level (1475)
Today's Lows = Tommorrow's S1 level (1452)

Also interesting that the NQ settled exactly on the VWAP for the session...
 
Quote from Virtuoso:

Very interesting pivots for tommorrow.

Today's Settlement = Tommorrow's balance point (1463.5)
Today's Highs = Tommorrow's R1 level (1475)
Today's Lows = Tommorrow's S1 level (1452)

Also interesting that the NQ settled exactly on the VWAP for the session...

Also interesting how S1 and R1 have a confluence of "real" S/R at those same levels. IMO it's unlikely that the 100's will merely "revalue" at these prices for long. Something's gonna happen one way or the other.
 
Quote from Kicking:

careful tomorrow your pivots might actually work !

Looks like you were right Kicking. I mean its no super duper candlestick Kicking pattern on a 3-min chart, but I guess it will work...
 
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