11/28/2014 - Levels Recap from Monday 1//24 - 11/28

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As you know, every week I forecast levels for the week for major tickers. I also update those levels every morning before each open. Every so often I like to true up the levels we call on Monday before the market opens and see how we perform against real-life actual performance. The levels almost always prove themselves reliable and absolutely crucial to active traders regardless of style of trading.

This ten minute video will make it clear why these levels are so popular.

Before the open on Monday 11/24 my levels vs. the actual closes this week (the video goes into details):

Ticker Resistance Levels Actual close
SPY 207 207.2
SPX 2075 (upper end) 2067.56
QQQ 106 (upper end) 106.01
IWM 118 116.69
RUT 1180 (lower end) 1173.23
AAPL murky (long answer) 118.93
GOOG 545 541.83
BABA 110 (start of resistance) 111.64
Posted to Create Income with Options … on Nov 28, 2014 — 5:11 PM

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