Jack in the Box tool is a way to visualize top down analysis. The horizontal and vertical markings are the way to track Jack across the chart.
• The yellow rectangle encapsulates the previous weeks data..high, low & 50%
• The white rectangle represents the previous days data..high, low & 50%
• The blue rectangle encapsulates the current day and previous days data for the Asian session..high, low & 50%
• The yellow, white, and blue perforated lines represent the 50% mark of the correlating box.
• The solid blue line represents the 50% mark of the current days Asian session
• The one day traditional pivot points identify key turning points ( support & resistance lines) for the day trader
• The 4 hour pivot point was created for the intra day trader to find the shorter term turning points ( support & resistance lines)
• The shaded vertical lines represent key time frames/sessions and are adjustable based on time zones which are represented in the chart
• The yellow rectangle encapsulates the previous weeks data..high, low & 50%
• The white rectangle represents the previous days data..high, low & 50%
• The blue rectangle encapsulates the current day and previous days data for the Asian session..high, low & 50%
• The yellow, white, and blue perforated lines represent the 50% mark of the correlating box.
• The solid blue line represents the 50% mark of the current days Asian session
• The one day traditional pivot points identify key turning points ( support & resistance lines) for the day trader
• The 4 hour pivot point was created for the intra day trader to find the shorter term turning points ( support & resistance lines)
• The shaded vertical lines represent key time frames/sessions and are adjustable based on time zones which are represented in the chart