Tomorrow's price range for indexes

Quote from inandlong:

On the other hand Walter, it isn't as if the market tanked 100 points and you weren't even in the neighborhood. Not many people ever expect the type of U-boat day we had yesterday I wouldn't imagine.
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That is true. It took forever to get up from daily low.
To explain a method , it is quite simple :
I just do LRL of last three hours and then I extend it to the next day with paralel lines based on daily range %, which will give me S/R and trade these. At the times I know already.
Walter
 
Quote from Walther:



That is true. It took forever to get up from daily low.
To explain a method , it is quite simple :
I just do LRL of last three hours and then I extend it to the next day with paralel lines based on daily range %, which will give me S/R and trade these. At the times I know already.
Walter
More...

Or, even simpler, just go long off the bounce from the pivot, which coincided with the day's target.

And you don't have to pay Walter any money in order to figure it out.
 
Tomorrow is a Friday so I am a morning buyer of anything 4 points ( SP500 ) below today's last three hours LRL .
Walter
 
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