Traders Laboratory - View Single Post - Levels to watch on YM for 03/19/07
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Old 03-18-2007, 08:48 PM
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Levels to watch on YM for 03/19/07

I wanted to beat Soultrader to the punch and get ya'll some levels to watch on the YM.

At 12223-12229 we've got both the daily pivot and the weekly pivot to enjoy for tomorrow's trading. Price is currently at 12211 where we closed friday.

12284 is the previous 2 days' highs. Very important level to watch there if we reach it.

The low from friday is at the 12176 mark, and we've got daily S1 at 12163, 13 points away. I think this area will prove to show some action as it's the low from the 13th and 15th and we've also got a POC from the 14th sitting at 12161.

Also, where price currently sits at 12211 is both the Volume POC and the Time based POC.

Levels at a glance:

12284
12247-VAH
12223-12229
12193-VAL
12176
12161-63

Those are my levels

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