ES 12-29-08


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  • VOwater
  • 29-Dec-2008 at 9:09 AM
  • Rep: 133
  • Posts: 4,121
GM Traders

Daily PP: 867.75
Weekly PP: 871
POC: 867.50

60m: 877.50, 905 / 849.75

globex gaps: 862.75, 861.75, 861.50
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  • einstein
  • 29-Dec-2008 at 12:45 PM
  • Rep: 170
  • Posts: 167
sorry, dont understand- maybe i am dense (need to change my nick). You get what you think is a significant high candle THEN you do your projection to set your target and enter if price action looks reasonable. Did you mean if you were confident the projection COULD be met?
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  • koolblue
  • 29-Dec-2008 at 12:46 PM
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VO,did you have a chance to review your e-mail yet? That guys always mirroring my outlook!
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  • einstein
  • 29-Dec-2008 at 12:46 PM
  • Rep: 170
  • Posts: 167
possible DB setting up on 5 min
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  • VOwater
  • 29-Dec-2008 at 12:49 PM
  • Rep: 133
  • Posts: 4,121
yes kool...he always makes sense to me...he talks about the 850 level, which we still have an outstanding 60m there as well
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  • VOwater
  • 29-Dec-2008 at 12:50 PM
  • Rep: 133
  • Posts: 4,121
two guys looking at the same chart and comming to the same conclusion!
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  • koolblue
  • 29-Dec-2008 at 12:54 PM
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CHECK THIS OUT VO!
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  • palmer
  • 29-Dec-2008 at 12:55 PM
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small divergence at the lows
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  • koolblue
  • 29-Dec-2008 at 12:57 PM
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I should point out this pattern is even if the 'rebuff' kiss is at a higher level than the original breakdown area!(which always traps a lot of technical analysts!
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  • einstein
  • 29-Dec-2008 at 12:59 PM
  • Rep: 170
  • Posts: 167
db obviously negated
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  • VOwater
  • 29-Dec-2008 at 1:00 PM
  • Rep: 133
  • Posts: 4,121
here is one of the daily's ive been watching

Click image for original size
No Description Entered
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  • VOwater
  • 29-Dec-2008 at 4:15 PM
  • Rep: 133
  • Posts: 4,121
just noticed it is up 6.66%! evil number
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