Market Context & Key Levels for the Day Ahead
Hi Smah., what exactly do you mean, when you say spike base, is that price at which m period started?
p.s. ...with final dowside target at 6289, you probably meant 6353 as marked on the chart.
Thanks for great plan for today!
6353 is the correct final downside target. The spike base is the lowest price of the excess within the M-period—in yesterday’s case, this was the J-period high.
W smash
As usual. Your letter is the Jewel. Thanks a lot.
Thank you!
Thanks Smash!
Hi Smah., what exactly do you mean, when you say spike base, is that price at which m period started?
p.s. ...with final dowside target at 6289, you probably meant 6353 as marked on the chart.
Thanks for great plan for today!
6353 is the correct final downside target. The spike base is the lowest price of the excess within the M-period—in yesterday’s case, this was the J-period high.
W smash
As usual. Your letter is the Jewel. Thanks a lot.
Thank you!
Thanks Smash!
Thank you!