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Old 08-30-2006, 10:38 AM
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Great chart from August 30th, 2006

Listed below are two charts: one is a 24 hour session chart and the second one is a gap chart.

This chart is from the topics mentioned in this thread.

http://www.traderslaboratory.com/for...w.html#post413


Overnight support in line with any key pivot point can act as high probability trading level. Notice how the overnight support at the value high pivot acted as a key support level during the trading day.

Also notice the 8/28 high that acted as a key resistance point. These are what I call pivot point cluster zones in which I mark them as significant.
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File Type: jpg 083006goodchart1.jpg (91.6 KB, 21 views)
File Type: jpg 083006goodchart.jpg (93.1 KB, 20 views)

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