ES 12-05-08

GOOD MORNING ALL! Well as you know im not a big fan of longer term forecasts, but i keep getting asked so much that thats why i posted some views the other day on the globex thread and the trading strategies forum. I bring it up not to receive plaudits but because im trying to 'teach' you that the techniques i have shown you here(price proj. and cycles) work on any time frame and in any market for that matter! I have always made good money from the markets but my dream has always been to create an 'army' of traders as skilled (or better!) as i am to level the playing field at this giant casino we call the financial markets. When i made the case for a top in the market tue-wed with 872.50-877 being the prime resistance area im sure most were skeptical, and heck, coming off of the most oversold market in history thats understandable.

if they want to get crazy the 361.8 is 878...generally 261.8 is an extreme and they need to work it off

STONED!! at 68

I grabbed 12 pts x 2 on the move up

VO, your chart posted above is what charting service?

AM I THE ONLY ONE THAT SOLD THE PEAK? short one from 867.75

and possibly double top

Looks liek a bull flag on the ES- might want to try again for the highs

covering 56

I got in late

proj is 854.75

Welcome to the forum UKtradergirl

These dynamic charts (volume and tick charts) take a little getting used to at first. VO uses a 610 tick chart which matches my volume chart fairly closely.