S&P 500 for Friday, May 16, 2008 |
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Most Recent Trading Day With Pivot System S&R Levels and 5, 15, and 30 Minute 20EMAs. Historical Volatility & Narrow Range Days Expect range expansion when HisVol is low. Pivot System S&R Levels Used to determine relative value. Signficant shifts in market psychol- ogy often occur near these levels. DP 1419.08 R1 1430.92S1 1412.67 R2 1437.33S2 1400.83 R3 1443.75S3 1394.42 Pattern Signals A pattern recognition technique which identifies today's most likely scenario based on recent
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