Disliked{quote} These targets/attractors you marked are quite subjective. How do you know the wider traders are interested to these exact same levels?Ignored
I do not use the floor trader pivots as TT does. I also do not use the monthly levels as I believe TT does, nor the quarterly nor the yearly. However, I'd not deny the significance of those longer-term levels as well.
I'll leave the defense of the floor trader levels to TT and others who use them. But as to the levels taken from the daily and weekly chart and then superimposed over whatever intraday interval one is using it is undeniable that these levels are objective and are used by those who trade in size large enough to change the direction the market is moving.
Not cherry-picked: This is today's NQ/MNQ
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