Market Example of Nightly Zone and Breakaway Points
Date Shown: February 19, 2003
This example will show you the zone and breakaway points for a specific day, February 19, 2003 on the Dow Jones Industrials Cash Index (INDU).
The information seen below is shown in the same format as subscribers receive.
| Zone Points |
| Buy Zones |
|
Sell Zones |
| Buy Zone: |
7941.65 |
Sell Zone: |
8108.30 |
| Stop Setting: |
7858.35 |
Stop Setting: |
8191.63 |
| Objective: |
8008.80 |
Objective: |
8008.80 |
Breakaway Zones |
| Buy BreakAway |
|
Sell BreakAway |
| Buy Breakaway Zone: |
8274.95 |
Sell Breakaway Zone: |
7775.00 |
| Buy Breakaway Stop: |
8191.63 |
Sell Breakaway Stop: |
7858.35 |
| Buy Breakaway Target: |
8441.60 |
Sell Breakaway Target: |
7608.35 |
Previous Day's Range Evaluations |
| Total Intraday Range: |
166.65 |
|
Range in Dollars: |
$166.65 |
|
10 Minute Chart of the Dow Jones Industrials Cash Index, February 19th, 2003 shown
The Buy Zone point was within just a few points of the low. The market rallied off of this point and the position would be exited on the close.
Trade #1 - Zone Buy
Buy at 7941.65
Offset at 7997.17
Profit of 55.52 points
|
| Daily Totals: 1 profitable trade, profit of 55.52 points |
