The blue rectangle is my range estimate for tomorrow - 827-847. The top of the box is midpoint resistance defined by today's early rally. The bottom is a shade above midpoint support defined by the drop from 848 to 803.Any strength above 847 on reasonable volume would force me to conclude that the market will head up to 870 without first dropping to 827.
2 comments:
Carl,
FWIW......going from 842.50 to the multi bottom at 810.75 the Midpoint is also 826.75.
carl, keep up the objective work. Its a pleasure to see this kind of work being done.
Post a Comment