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Ah ha. Methinks that might be a good posting for you from now on. Ha ha1der wrote:Almost always a P-bar at 5pacific/8easternAnd often there is one after the market closes such as this one from last night: And Apple typically has a morning one as well
Ha ha - for long time I did post and even kept track and posted a chart with the Pbar levels extended out to the right so one could see how those price levels come into play days / weeks later. I never could figure out a system that made sense although they often clearly are revisited and become pivot points / resistance/ support levels.JFR wrote:1der wrote: Ah ha. Methinks that might be a good posting for you from now on. Ha ha
If StockCharts has one for SPY on thev15' I usually point it out.
They are interesting. Oftentimes hit, as we know. Not a big concern to me, but it seems like Bot/algo activity, setting up possible targets, at little cost to them.1der wrote:Ha ha - for long time I did post and even kept track and posted a chart with the Pbar levels extended out to the right so one could see how those price levels come into play days / weeks later. I never could figure out a system that made sense although they often clearly are revisited and become pivot points / resistance/ support levels.JFR wrote:1der wrote: Ah ha. Methinks that might be a good posting for you from now on. Ha ha
If StockCharts has one for SPY on thev15' I usually point it out.
The smaller Pbars, like this morning's, get lost in the higher time frames so I drill down to see if one was there. Your chart has it.
I for one appreciate your Pbar posting