Trading the Pivots

Quote from JimmyJam:

R1 - 1349
PP - 1347
S1 - 1343

Price action is sitting right above the S1 line.

So long as it is below the Pivot Point, but above Support that can be considered bullish and buys can be initiated.

If it breaks S1 you should only look to sell pullbacks (untill price action crosses back-over S1).

Regards,

Jimmy Jam
More...

If you caught that move ... it's over (it could countinue back up to R1, but if you got in off of S1 and got your pts, that's' a good thing.
 

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R1 - 1349
PP - 1342
S1 - 1337

We're currently in-between the Pivot Point and first Support. Market may drop a little before attempting the highs again.

So long as it holds above S1, price action is bullish.

Regards,

JJ
 
After yesterday's huge run-up, we most likely aren't going to get much, if any strong price action movement.

But if you're watching.

R1 - 1365
PP - 1352
S1 - 1346
***
We may have some more decent trading range price action tomorrow.

Regards,

Jimmy Jam
 
R1 - 1364
PP - 1360
S1 - 1357

So Long as price action holds below S1 the tidings are bearish.

If/(when) price action crosses back over 1357 it becomes bullish.

See you in a few.

JJ
 

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Quote from JimmyJam:

R1 - 1364
PP - 1360
S1 - 1357

So Long as price action holds below S1 the tidings are bearish.

If/(when) price action crosses back over 1357 it becomes bullish.

See you in a few.

JJ
More...

OK, that's done (hope you got your 2).

Now, look for the double-bottom.
 

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