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

Pic of levels 08.22

 

Target HIT!!!!!!!!!!!!! 1292.50

 

Excellent Joe.

 

That 1282.50-1283 was key !!

then right to 1292.50-1294 area

This market is almost showing it's hand

Now we watch 1283 area if it holds we will work our way back
to 1304-1306 to 1312 - 1314 area

Always watch the close !!

Today we did what is called ( Jump the creek ) that is where
we open above a major area of support!

Take Care,

Joe Baker

 

nice - so how many ES points have you averaged in the last 30 days?

Gilbert aka Paysense

 

I put a 5 point stop on avg. for larger trades

last 2 weeks had +82 then 2 stops outs -10

then today

I am making an auto trader, for this method

in case overnight it hits a level and I am sleeping

I do miss some points due to that!!

 

LOOK where the little bugga closed at ................lol

Just like yesterday closing at the 75 area

today it closes at the 1292 area

This puts 1283 and 1304-1306

in play for monday

I LOVE IT!

Have a great week all


Joe Baker

 

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Vid for Monday

 

This Is getting funny 1292 back down to 1280 area

talk about trading ranges...................LOL

 

2 points from target this is a tough area folks

1275 is and will be a BIG NUMBER