Wednesday, December 08, 2010 9:08:01 AM
SPX levels. Here is an almost complete display of the levels I work with now. In essence, if the HOD yesterday becomes a temporary top, then I will be tempted to adopt an alternate MM count so that the present 7/8 will become the top of the octave (8/8). As a consequence, the zone 1208 -1202 will be strong support, since 1202 would be now 6/8 which usually is an essential support /reversal level.
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