S&P 500 Chart updated 05/02/2015 EOD...
I have marked 0-6 zones for Index on chart.......
Please watch it carefully.......
The YO_YO Zone is of 2063.55 - 1992.44 = 71.11 points........
Trades possible in the YO-YO Zones.....
0-1,2-3,4-5 ..... 3 shorts.....
1-2,3-4,5-6....... 3 longs........
Total 6 trades.... 71.11 points each......
Points to be taken HOME...... 71.11 x 6 = 426.66 points.....
Impossible... Unimaginable.... Unbelievable..... YOU DECIDE.......
In markets any thing is POSSIBLE.........
Looks SIMPLE...... BUT NOT EASILY ACHIEVABLE.......
First you need a good system to SEE IT.......
Then only you can act on it...........
Level to watch for 06/02/2015........ 2062.14.......
Above it positive bias......
small hurdle at 2066.78......
above it 2082.13.......
Level to watch below 2062.14.......
is 2052.15..... as intraday support......
Below this level we are negative on Index..........
Happy Trading !!!
Please read it before taking any trading decisions.......
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