Daily pivots
R2 = 62
R1= 56
Pivot = 49.50
S1=43.50
S2= 36
First a look at last weeks key areas...these I use to find confluence with the daily numbers.
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then here is just Friday
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No overnight midpoint printed on Friday so my plan will be to hopefully take trades towards the midpoint off the key numbers
and finally how Fridays profile looks split out against a few other days that haven't been split
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some things to keep in mind especially if you are going for longer term targets:
1) The 95 % probability that SOME daily floor trader number will print also holds true for the Weekly numbers...so some Weekly number will hit this week !.. I think this number will be 2046 this week but I obviously do not know when !
2) The 85 % of the time probability that we DON'T have an inside day on daily bars also holds true for weekly bars !! So only 15 % of the time we will have an inside WEEK
Good luck !
