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What is the time frame for the SP to retrace to .035? Pivot...

  1. 246 Posts.
    What is the time frame for the SP to retrace to .035? Pivot Point calculation based on Fridays trading indicates resistance at .052 with support at .046. The calculation indicates a level 3 support of .o37 with a midpoint of .034. The chart supplied reveals other indicators giving the SP a north direction except for Bollinger Bands which support IYO the lower support of .035. IMO I will travel my own path and that is SP heading north and not south.
 
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