Pivot tracker for S&P 4/26 4/27 4/30 4.08 .42 .08 Since we have 3 days of shrinking value, increased VOLATILITY/BREAKOUT is expected. 30 days and 12 days number lines have been getting weak 30 day =7 12 day= 1 ABCD values for last 7 days starting 04-20 0,1,2,0,2 0,0
Net is just daily change in price. For example for CL 4//26, 4/27 and 4/30 shows net values of 43, 48 and -6. These values are showing 43 ticks, 48 ticks and -6 ticks change for those days.
Thanks MFB, Also, in addition to the descending pivot tracker we have a tiny 3 day rolling pivot for the S&P tomorrow. Small 3 day rolling pivots usually coincide with large moves. Should be an interesting one tomorrow!
First day of the month pivot sheet. I know first day of the month is important for rest of the month. I am not sure how to use it/ Any ideas? For CL pivot high is 105.18. I guess close over 105.18 sets up the next leg up. First day of the month pivot and pivot range reminds me as Fish said in his book " When price gets through pivot range it's like SWORD finally cracking a shield , entering the belly and coming out at the back" (lol). He has a unique way of making a point clear. For Nat Gas looks like SWORD has passed through the belly based of monthly pivot and pivot range.
Since I have no idea how Fish is getting his numbers, they are useless to me. I know EXACTLY how I am getting my numbers and they are the only numbers that are going to get me into a trade. I have a plus 5 on my 30 day and we are gaining another plus 3 on drop offs over the next 2 days. That means we are one A up away from a plus 9 and another day away from confirming. It might just coincide with the jobs report on Friday.
This is in response to a PM i received. 30 days number line of 7 is still a strong number. Instead of saying it is getting weak, more appropriate wording would have been to say it has come down from 20 number of 03/20.
My 30 day number line re-set to zero a few days ago so it's a fresh new cycle now. My 5 day was -10 last week and is now +3. The momentum is moving to the upside.