Estimated price fluctuation at time of report (+1Hr)
Next webinar (London time): 05/09/16 10:00 youtube.com/c/marenno
How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.
Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)
NR (Narrow range), WR (Wide range) :
4H WR4; 1W NR4; 1W NR7;
How to count option levels: http://marenno.com/index.php/counting-option-levels/
and open interest levels: Tradingview:
Option level R4 48.35 47.9
Option level R3 47.36 46.91
Option level R2 46.35 45.9
Option level R1 46.35 45.9
Option level S1 45.68 45.23
Option level S2 44 .49 44 .04
Option level S3 44 .16 43.71
Option level S4 43.04 42.59
Session (current session only) levels:
s1 44 .71
s2 44 .17
I really hope that sharing of my routine with you, will help you in your trading.
Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.