Support and Resistance Trading Forum

Re: CTZ05
By:Don
Date: 8/23/2005, 5:18 am
In Response To: CTZ05 *PIC* (Jeff Koski)

Hi Jeff,
Here are my daily Support/Resistance numbers for Dec. Cotton.
Resistance
1st-48.88
2nd-49.21
3rd-49.48
4th-49.93
Support
1st-48.45
2nd-48.16
3rd-47.81
4th-47.50
Watch the open- It could gap up. If it starts off below yesterdays close-goes down a couple points and then reverses and starts back up- I would buy 48.90 and look for it to get to 49.48. But you have to see how it reacts to the daily S/R areas. Lets see what they do today and what she gives you. Don

Responses To This Message

Re: CTZ05
Don -- 8/24/2005, 6:45 am
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