Market Overview

EUR Pivot S/R


5.04.12 EUR cl EUR Pivot S/R futures, trading, commodities, trader, invest, speculate, SP500, dow, nasdaq, Treasury, Bond, Note, Newsletter, education,  risk, reward, stock market, bond marketI post an old fib chart. I am not knowledgeable in wave analysis , so I rarely mention it ( turn to William Blunt who is a serious in his work) . But the 50 % retracement in any major move is always an important level in financial markets. The 1.3057 level is one.

PP 1.3088

Mid R1 1.3115

Mid S1 1.3050

R1 1.3141

R2 1.3217

S1 1.3012

S2 1.2959

S3 1.2830

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