ES 11-18-08
Well, another lousy globex for me! Coming into the open down 2.5. Working off of a price proj of 852.75-854 ... watching
Kool, 854.75, does that originate from 10:29?
855.75 LVA, 856 sq 9
im really having an up and down day, going nowhere! I think thats because im so darn bearish even tho my own work says i probably shouldnt be for the next couple days! Traders Angst!
is this the low volume retrace from the highs..? once again no break from the 60 minute range yet...I hate the 60 minute range initiation trades..theory states we should try for the 50 number soon and then new lows but that volume..yikes!!
YES ,MARGIE
double tpo's on the highs is keeping me out of short side even though volume seems to be pointing to downside
iT was from the 5 min bar at the 864.50 peak (low of 860.75) that gave what i thoght would be a minimum proj to 854.60
long 2 from 854.75
ugh, just stopped out at 852.25.. loss of 5 total.. this up,down is killing me...
that really surprised me, i felt certain about that trade... up 2.5 now
was the closing tick above 800?
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