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Old 01-25-2007, 07:50 PM
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Re: S3 to R3: Two important pivots

You mention somewhere on the website that weekly pivot points provide strong support/resistance and that's what happened today with YM. The daily s1 and s2 were too close to be of any significance but weekly s1 and s2 were the only support on the way down. Daily s3 never came into play because it was too far down.

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