Dow Chemical shows on 3/9 price touched the monthly S1 pivot(1st support, white circle, green line S1) @5.61 and it was the yearly S1(purple line S1) pivot too! Today, Dow's price touched the monthly Pivot (yellow line P) @8.76. Pivots give you great entry and exit targets.
Tuesday, March 24, 2009
Dow Chemical Monthly / Yearly S1 pivot was the low
Dow Chemical shows on 3/9 price touched the monthly S1 pivot(1st support, white circle, green line S1) @5.61 and it was the yearly S1(purple line S1) pivot too! Today, Dow's price touched the monthly Pivot (yellow line P) @8.76. Pivots give you great entry and exit targets.
