S&P daily pivots and break-down & up Targets

Based on the two breakout levels today, both the short and the long stopped out, correct?

Just checking to make sure I understand the method here.

 

Yes correct,

However in the video I mentioned that we could have an inside day, meaning trade between the breakout levels

So no breakout or breakdown trades where taken today.

I hope you did not get hurt !

So please watch the video not just the levels
the market is contracting and that makes it hard to trade the breakout levels

The room trades just fine today we knew the 1275 area was a BIG ####### and 1267 another BIG #####
with 1263 under it and 1269-1270 area being a chop zone

but keep in mind this will not last to much longer markets do compress and build pressure for the next large leg!!

If you trade the S&P let me know what you have for charting package, I may be able to help you set up your charts !

we use many different indicators to alert us when to enter and exit a trade, to many to list here

Just PM me


Take Care,

Joe Baker

 

I have been following religiously and levels have been consistently spot-on, but I do not day-trade so I am not in your room.

But based on your comments regarding an "inside day" - that indeed was what I was looking for and indeed what I thought had happened.

Another good job, Joe!

Gilbert

 

Good stuff Joe!

 

Thank You,

I always remember my mother saying :

(many a man have failed for lack of complement)

Thank you guys,

Joe Baker

 

Joe,

Would you PM info on your room.

Regards,

John

 

Hi,

Could you pm about room access.

 

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Levels For Thurs.

 

Pic of levels

 

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Levels for 08.22