50 EMA is still above Price. Macd is still below zero a sign of a bearish market. RSI looks good for a sell. Even though there's a doji (A weak sell signal) on th Nasdag daily chart tinyurl.com/cho63pq ..... the S&P 500 has a good bearish candle on the Daily Chart tinyurl.com/clgaxxm
I decided to use the pivot method ..P is 1.224....S1 is1.2074.....S2 is 1.1968... S3 is 1.1802 ..R1 is 1.2345...R2 is 1.2511 ...R3 is 1.2617
I think its going to S1 and am ready if the price goes to R1.. the one hour RSI shows that the price is heading towards my P line. I hope to publish the 30 min chart with the pivot lines soon
This is free pivot calculator www.babypips.com/too...ators/pivotpoint.php This link has tips on the pivot method and the math on how to caculate the pivot numbers www.babypips.com/sch...te-pivot-points.html This persons video explains how to use the piviot method in detail youtu.be/nvMhj3n01D8 and this person explains in a video Pivot Point Strategy youtu.be/0D_O6ZeRRn8
I decided to use the pivot method ..P is 1.224....S1 is1.2074.....S2 is 1.1968... S3 is 1.1802 ..R1 is 1.2345...R2 is 1.2511 ...R3 is 1.2617
I think its going to S1 and am ready if the price goes to R1.. the one hour RSI shows that the price is heading towards my P line. I hope to publish the 30 min chart with the pivot lines soon
This is free pivot calculator www.babypips.com/too...ators/pivotpoint.php This link has tips on the pivot method and the math on how to caculate the pivot numbers www.babypips.com/sch...te-pivot-points.html This persons video explains how to use the piviot method in detail youtu.be/nvMhj3n01D8 and this person explains in a video Pivot Point Strategy youtu.be/0D_O6ZeRRn8