ES 12-22-08


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  • koolblue
  • 22-Dec-2008 at 9:25 AM
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INTERESTING OPENING COMING UP!
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  • myptofvu
  • 22-Dec-2008 at 11:54 AM
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quote:
Originally posted by PDQ

Is there an 874.75 projection to the upside from here?




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  • pt_emini
  • 22-Dec-2008 at 11:54 AM
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quote:
Originally posted by Margie

Show 11:45 mini cycle lo


excellent call on that low Margie !
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  • VOwater
  • 22-Dec-2008 at 11:55 AM
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PT both my charting platforms show same numbers...what fib ratio do you use for 3rd target?
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  • Margie
  • 22-Dec-2008 at 11:56 AM
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quote:
Originally posted by pt_emini

quote:
Originally posted by Margie

Show 11:45 mini cycle lo


excellent call on that low Margie !

Thanks pt, but it's Kool work I just like to throw it out there when I think it might help.
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  • VOwater
  • 22-Dec-2008 at 11:56 AM
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flat 2nd @ 71
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  • PDQ
  • 22-Dec-2008 at 11:56 AM
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Thanks for the info....nice long scalp just now!
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  • Margie
  • 22-Dec-2008 at 11:59 AM
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quote:
Originally posted by prestwickdrive

Vo, Margie, pt or anyone, from the 11:12 L @ 73.75 to the 11:54 H @ 79.25 don't we get a projection to the 64.75 area unless 79.25 is taken out? TY - still trying to figure this out ...

pwd, I think you are referring to 10:12 ET to 10:54 ET, and this would not be a good projection because the movement is upwards and therefore would project a positive movement until the 73.75 was taken out and then becomes invalid but also this movement has a lot of "hesitation" so it would not be something we would use. I hope this helps.
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  • myptofvu
  • 22-Dec-2008 at 12:00 PM
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quote:
Originally posted by pt_emini

quote:
Originally posted by PDQ

....or 873.25?



I get 872.75 for the 161.8% then 875.75 for the 261.8%




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Can you tell I'm playing with the new snapshot software...lol
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  • VOwater
  • 22-Dec-2008 at 12:00 PM
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PT fwiw I could not duplicate your 500T charts you posted in 12-19 thread...they were simlar but certainly not exact...prolly why are fib numbers are different
quote:
Originally posted by Margie

quote:
Originally posted by prestwickdrive

Vo, Margie, pt or anyone, from the 11:12 L @ 73.75 to the 11:54 H @ 79.25 don't we get a projection to the 64.75 area unless 79.25 is taken out? TY - still trying to figure this out ...

pwd, I think you are referring to 10:12 ET to 10:54 ET, and this would not be a good projection because the movement is upwards and therefore would project a positive movement until the 73.75 was taken out and then becomes invalid but also this movement has a lot of "hesitation" so it would not be something we would use. I hope this helps.

TY Margie. I am on CT and it seems most here are on ET so I screwed up the attempted translation. LOL Thanks for the clarification on what to look for on the cycles. Back to school ....
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  • pt_emini
  • 22-Dec-2008 at 5:30 PM
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874.25 is the Horizontal line off the 30 minute chart.

Click image for original size
161.8 Projection to 874.00<br><br>30 Minute horizontal line at 874.25


Click image for original size
Channel & Horizontal Line at 874.25
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