The 1130s SPX and 2071 pivot seems to have done the trick at
least temporarily, but like yesterday it's early...let's see what
happens the last hour. One other ? about pivots. The
SPX kept going to the low-mid 1180s opening and closing right there
on different time frames yesterday. Could that have played
into why it topped out there today, do previous day's or earlier in
the weeks pivots play into possible pivots the next day or later in
the week, or could it have been a Fib. from the highs early in the
week to the bottom yesterday?
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Pivots
Posted by george2 on 18th of Sep 2008 at 01:19 pm
The 1130s SPX and 2071 pivot seems to have done the trick at least temporarily, but like yesterday it's early...let's see what happens the last hour. One other ? about pivots. The SPX kept going to the low-mid 1180s opening and closing right there on different time frames yesterday. Could that have played into why it topped out there today, do previous day's or earlier in the weeks pivots play into possible pivots the next day or later in the week, or could it have been a Fib. from the highs early in the week to the bottom yesterday?