Replies to post #47541 on SPDR S&P 500 (SPY)

[Neutral Man]

Here's Learning bout it for ya..............., LOL!?

If we close at 46.75 today then the MayOE Pivot becomes 46.75 and we calculate the Resistance and Support levels using 1.25% increments?

Here's what the MayOE will look like if we close at 46.75?

R8, 51.43, 10%
R7, 50.84, 8.75%
R6, 50.26, 7.5%
R5, 49.67, 6.25%
R4, 49.09, 5%
R3, 48.5, 3.75%
R2, 47.92, 2.5%
R1, 47.33, 1.25%
Pivot, 46.75, 0.0%
S1, 46.17, -1.25%
S2, 45.58, -2.5%
S3, 45, -3.75%
S4, 44.41, -5%
S5, 43.83, -6.25%
S6, 43.24, -7.5%
S7, 42.66, -8.75%
S8, 42.08, -10%

Hope this helps?

For your Viewing Pleasure............ MayOE 4cast?

Date Open High Low Close
18-Apr 46.51 46.90 46.22 46.75

21-Apr 46.92 47.16 46.52 46.97
22-Apr 46.92 47.58 46.83 47.47
23-Apr 47.83 48.15 47.72 48.11
24-Apr 48.27 48.30 47.68 47.98
25-Apr 47.83 48.69 47.77 48.66

28-Apr 48.51 48.66 48.29 48.33
29-Apr 48.05 48.15 47.15 47.18
30-Apr 47.50 48.58 47.50 48.54
1-May 48.28 49.20 48.20 48.79
2-May 49.32 49.53 49.07 49.33

5-May 49.32 50.48 49.32 50.15
6-May 50.02 50.12 49.33 49.54
7-May 49.70 49.83 49.27 49.61
8-May 48.99 49.06 48.41 48.69
9-May 49.08 49.21 48.26 48.66

12-May 48.97 49.46 48.89 49.39
13-May 49.30 49.84 49.24 49.40
14-May 49.76 49.82 49.40 49.65
15-May 49.26 49.78 49.19 49.69
16-May 49.46 49.57 49.05 49.27

ENJOY da-Game and Enjoy this weekend with Family and Friends!
nm