PRICE MAP OVERVIEW

The JS Services’ PRICE MAP has evolved over its 20-year history into a dynamic risk management trading tool for the front line market participant. The service does not offer specific buy/sell recommendations but remains objective allowing the market to trigger system parameters. JS Services uses a combination of stress levels, breakout points and directional momentum indicators to produce an efficient and easy to use trading tool.

Basic Design
The PRICE MAP is built around the evidence that the market trades in levels and price bands. Through an array of classical technical and proprietary statistical analysis JS Services technicians are able to pin-point specific parameters that make up these price bands. The service is not automated but one compiled daily by professional analysts into a series of support and resistance levels on the JS Services PRICE MAP.

Price Map
The PRICE MAP is a series of market stress areas and support and resistance levels that are qualified and weighted using symbols and stars ***.
DIRECTIONAL SYMBOLS {< >, UP, DP, R, +c, -c}
Levels on the PRICE MAP followed by symbols are directional pivots or trend indicators. The symbols represent a specific directional bias.

< > DIRECTIONAL
The DIRECTIONAL is the initial pivot point that the market will rotate around to find its immediate bias for the trading session, not a trend.

UP UPSIDE PIVOT
Key directional resistance and initial upside breakout level.

DP
DOWNSIDE PIVOT
Key directional support and initial downside failure level.

Critical Range
Trading range whose parameters are set by the UP and DP.

R REVERSAL NUMBER
Represents the intra-day underlying trend bias.

+c / -c CONTINUATION MOMENTUM NUMBER
Denotes a high probability of follow through in the next trading session if the market closes beyond either of these price points.

SUPPORT/RESISTANCE WEIGHTS and TARGETS

Price levels followed by ***s are weighted support and resistance levels.

*,**,***
The support and resistance *** value weights are determined by the coincidence of occurrence of different studies on a price point. The more ***s the more value a level has and the greater the number of technical studies that coincide, or occur on that point.

***1,2,3,4
Numbers following the *** star value weights are support/resistance levels.

BACK TO INDEX | NEXT