ES 12-02-09
If this trade works out , it may go down as the 'gutsiest' trade in mypivots history!..LOL
Next good mini peak due on the 5 min bar at 1:30.. (ugly cycle..11:20 to 12:25)
Gonna raise my stop to 1105.00 before i get too giddy!
REMEMBER..The averages on my sacred 5 min chart have crossed and that aint good! It would have to spend some time above 1109.75 to reverse it. Another reason i think they'll likely test that area.
I mention that because now we should be looking for shorts. Also ,the one min chart shows 6 waves and the next uprush (to 1108-9.50 i hope) will be the 7 th wave!
Dam mini peak! (11:32-33)
looks like we got 5 down off the 15.50 H...should be another 5 that follows...10 = 50%
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