Daily Chart Levels - 10/03/2008 (Update)
Friday, October 3rd, 2008
all levels are calculated by today’s intraday movement
ANOTHER 100TICK MOVE (HL) LIKE YESTERDAY !!!
116.83 - CALCULATED INTRADAY RESIST ZONE ON TODAY’s HL (116.83/94)
116.81 - 261.8% FIBONACCI EXTENSION (115.56-115.96-115.77)
116.66 - CALC. INTRADAY RESIST ZONE ON SHORT-TERM UPSWING (116.66/70)
116.65 - PARALLEL LINE OF INTRADAY UPTREND (2TICKS HIGHER ALL 5MIN)
116.56 - TODAY’s DAILY HIGH + 200.0% FIBO. EXT. (115.56-115.96-115.77)
116.39 - 1st INTRADAY HIGH AFTER SQUEEZE & BREAK ABOVE 116.13
116.22 - SHORT-TERM INTRADAY UPTREND
116.18 - 38.2% FIBO. RETR. HL TODAY (115.56-116.56) + CONSOLIDATION LOW TODAY
116.13 - DAILY HIGH & BREAKOUT ZONE (REMEMBER!!)
116.07 - DAILY HIGH + CALC. SUPPORTZONE ON SHORT-TERM UPSWING (116.07/03)
116.06 - 50.0% FIBONACCI RETRACEMENT HL TODAY (115.56-116.56)
115.96 - 1st SIGNIFICANT INTRADAY HIGH TODAY
115.90 - 38.2% FIBONACCI RETRACEMENT (114.83-116.56)
115.78 - 1st HOUR OR HIGH
115.69 - 50.0% FIBONACCI RETRACEMENT (114.83-116.56)
115.56 - TODAY’s LOD
115.49 - 61.8% FIBONACCI RETRACEMENT (114.83-116.56)
TAKE AN EYE ON POSSIBLE DIVERGENCES ………..

