ES 11-09-09
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NOW,FRIDAYS RANGE WAS 25 HANDLES, SO IF LATER ITWANTS 'NORMALCY' IT WILL GO UP TO 1089.50,RIGHT AT THE WEEKLY DEMARK HIGH! THATS MY 'WORST CASE SCENERIO!
THE 1088.00-1089.50 MAY BE ANOTHER SCALP SHORT, IF ATTAINED
GO BACK AND LOOK AT THE LAST 5 MIN CHART... SEE HOW I ALWAYS SAY A DECNT RALLY WILL BE SUPPORTED BY MY RED 15 E.M.A.. THTS ABOUT 1082.50 RIGHT NOW. A BREAK OF THAT WOULD BE THE FIRST CLUE OF A CORRECTION
IM GOING TO LOWER MY STOP TO 1085.75, NOT RISKING AS MUCH..IM EITHER RIGHT, OR WE GO RIGHT UP TO 1089
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FORGOT TO MARK THE NICE NEG DIVERGENCE O/N THE STOCH'S!.. BUT YOU NOTICED, RIGHT?
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..LIKE LY COMING BY LATE IN THE DAY(THE CLOSE?)
WOW... BORING!..WHATEVER HAPPENS THAT 1084.50 AT LEAST BECAME A TEMP BRICK WALL!!
5 MIN CHART SAYS A 5 MIN CYCLE TOP 1:05-1:10
well rode one little buy scalp from 1088.25 to 1090.25... still down 6 on the day, however..thats it for me .. see ya tomorrow!
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