ES 10-07-10
Well, not much changed overnight , same targets apply. The only difference i see is that both the 5 min and the 13 min mov avg's have changed to a bearish posture.
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Hate trading this late ,but 1139.75 looks like a decent short....
161.8 = 1140.75
Originally posted by VOwater261.8 3rd wave projection = 42
161.8 = 1140.75
it shouldnt, but if that were to occur today.. i'd buy puts on the spy! thats the area i was looking for if 1133 gave way!
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wow, first one min cycle top hit daed nuts.. the other is due around 11 or 12 after...
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Originally posted by koolblue...sure Einstein... see the chart? see the obvious support around that 82.60 level? And notice the 2 lows i have marked.. after the second one it seemed to me it would be natural to test the upper boundry around 83.10 or so. i had the projection to 83.13 and a short term chart saying 82.97 minimum! when i saw this we were around 82.69... a few seconds later ,it started to take off so i just pulled the trigger for a market fill.Hence my entry.too bad it was so late
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