Wednesday, July 8, 2009

Virgin POC's


For you market profilers. This chart is messy, but the blue lines that extend to the far right side (white numbers) are virgin poc's (point of control).

I have to admit, I have not paid a whole lot of attention to them in the past. You can use them as support and resistance levels, much like pivot points.

Are they worth a damn? Not sure, but it worked like a charm today. Something else to watch.

No comments:

Post a Comment