9/08 Week, page-601

Pretty obvious levels this week for XJO
Shorts
Purple line - 7650 area
Top of yellow line - 7,700 area
Longs
Bottom of yellow line - 7,590 area
There the confluence spots. Obviously intraday is intraday.
Decent swings either way. Break yellow bottom line will be interesting, however alot of support below. Most obvious is the black line 7,480 area, but ill be looking for a retest of the yellow line before taking short in case fake breakdown. Cheers