Monday, July 21, 2008

Pivots

With poor earnings from American Express and weak guidance from Apple, the futures are signaling a lower open Tuesday. Let's see if that weekly Pivot range holds. If it does, it may set up a good long trade in the mid pivot area.

NYA Pivots

8840
8710
8582
8335
8205
7960
7830

Weekly Pivot Ranges:

NYA: 8277- 8395

SSO: 56.88- 58.55
Posted by phil at 6:30 PM
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phil
I'm a professional trader with 25 years of experience. I try to avoid all outside influences and other opinions when it comes to trading. All that matters is price. Forget the other BS its basically useless.
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