Trading the Pivots

Chart

 

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.

 

R1 - 1346
PP - 1343
S1 - 1337

Seeing as how S1 as held, I would look to initiate Longs based on my signals.

Regards,

JJ

 

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

 

Getting setup for a potential BUY

 

nice setup...hope you bought =)

 

sure did

 

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

 

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

Now, look for the double-bottom.