ES 12-02-08


WELL here we go! tues ,i expect some rebound action to 840 area and eventually 851, but i have late today or wed as atop so i dont see an extended run up yet! ... keep in mind the market doesnt always listen to me! LOL
33.0 is 50% retrace of intraday range also
yeah 15 min project 835 or 831 ..cant tell for sure which
Remember icalled for a low around 1;35 or so? apparently this is it!
could turn right here!... but im going for 33...15 min avg is 832.86 and rising
$%^$%^ looks like 835 may hold!
Interesting side note on the averages... guess where the daily boll avg is? 848.25!
on a 'longer term' ive got till 2:06 to be long cause thats when all the downside pressure comes off (till 3:00 anyway)
here comes 833
just wish i knew if its going to 831 or not!
200% extension 33.50...261.8 29.50
took the 35.50 and trying for 31 on this last one...they may try to fill in the singles a bit more.....I don't like longs when they start getting below the highest volume thrusts of the day...highest one is 34 - 37 area...so this is tricky now
yesterday you said you wouldn't be surprised to see 851 and we did. Nice work.
I am very anxious to see how tomorrow is going to play out