ES Thursday 2-2-12

Numbers for today:


1327 - 1329

1321 - 1323.50 **** vwap in here and Low volume spot yesterday



1318.50 **** high volume


1314.50 - 1316 ****** key ledge support...possible breakdown point


1311.75 LV area

1306 - 1308

many numbers are part of yesterdays numbers that never came into play as per the video.

Bruce are you referring to the gap at 20.75?

why not short 22 fro a retest of the low for a 5th wave down> if you like elliot.

as far as i am concerned, you are allowed to have some ego (even a lot !)...you give back a lot to this forum and everyone is much better thanks to your teachings, ego or no ego

Originally posted by BruceM

Thanks Nick..you will find that is fairly - common meaning that when us faders have tougher days like yesterday morning then the following day we get good opportunities.


hope that doesn't come across as ego...it's just the reality

My data had the gap close 1321.....I donot like to trade in the middle especially as a day wears on......My specialty is a fader at extremes...the middle isn't an extreme to me...this is not only in the center of a two day range but also inside the IB

with volume tappering off I don't think any down move now will go too far but I'm not trading anymore today. Who knows if anyone is gearing up in front of tomorrows 8:30 report...so it's risky to me..

I never studied Elliot and most of the posters I've seen have not been consistent on forums regarding it. No offense...if you know it and can use it than please post about it .....the "old" Bruce would fight and argue and bash elliott....the new bruce is open and receptive to all....

As I type I see triples up above ( not trading for them)so that to me is even more evidence that a down move will not stick now but if u r short then I hope it keeps dropping for you..