Wednesday, February 22, 2012

numbers and outlook for Thursday Feb 23rd

H4   1360.01            R2   1364.25
H3   1357.88            R1   1360
                                 P     1356.50          narrow range top 1356.87/ bottom 1356.13
L3   1353.62            S1    1352.25
L4   1351.49            S2    1348.75

Wed market closed below pivot...and we now have a Lower 2 day relationship... so look for open confirmation to go lower... then look for pullback to daily H3, L3 or L4 to get short.   also closed right on S1.. if we get confirmtion on cams...look for Pivot and R1 zone to be resistance zone and also place to get short.

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