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ES-09-05-08


Short one es from 1243.50,covering here at 1229.50.
I look at where we have double tpo's...in this case with at least two diferent 30 minute bars with matching lows or high....and inside a days range,,,,,I'm not refering to a double top or bottom.... hope that is clear
quote:
Originally posted by redsixspeed

Bruce;

This is off topic, but what is your definition of a ledge

(so many indicators so little time)


Very clear. Do you use only RTH for your caculations?

Thanks so much
For ledges I like the RTH as they usually form on consolation days and make great targets....
Any stats on the "unfilled" 80% rule....? I heard Ann Tedisco mention it about 8 years ago but much like the 80 % rule itself there seems to be no real statistics on it.....
quote:
Originally posted by prestwickdrive

I have been observing all of your posts for a while and wanted to thank you all for all you have shared. FWIW, keep an eye on 54.25 (yesterday's UVA) for Monday as we have an unfulfilled 80% rule today. If it continues to head for the Gulf as a 3 or 4, Ike may make it moot but like gaps filling, eventually unfulfilled 80%s tend to fulfill. Also, we have single ticks from yesterday between 55.5 and 61.5.