nothing nessesarily. todays action determines tomorrows

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joey68 desertman0090 #1441
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nothing nessesarily. todays action determines tomorrows support and resistance for the pivot points.

http://stockcharts.com/school/doku.php?id=cha...vot_points

it tells us possible direction of the price. in other words, if it went to .0081, it doesnt mean the world is over. it means that as of today, investors believe its direction will continue down until something fundamentally chanegs (SEC filing or PR)

we could close green for all we know.

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