Dotted Dark Blue Line - CPR
Dotted Light Blue Line - CPR of Previous Timeframe
Dotted Pink Line - H1,H2
Dotted Brown Line - L1,L2
Black Line - R1,R2(Standard Floor Pivots )
Green Line - S1,S2
Pink line - H3,H4,H5
Brown line - L3,L4,L5
Pivot width's wider than previous week's. -> Ranging market
More likely to oscillate between H3 and L3, though the uptrend may continue.
Buy the dips near CPR unless it is breached.
I will not be posting any more daily index analysis, only monthly and weekly.
Dotted Light Blue Line - CPR of Previous Timeframe
Dotted Pink Line - H1,H2
Dotted Brown Line - L1,L2
Black Line - R1,R2(Standard Floor Pivots )
Green Line - S1,S2
Pink line - H3,H4,H5
Brown line - L3,L4,L5
Pivot width's wider than previous week's. -> Ranging market
More likely to oscillate between H3 and L3, though the uptrend may continue.
Buy the dips near CPR unless it is breached.
I will not be posting any more daily index analysis, only monthly and weekly.