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GLOBEX 10-21-08


Just got short from 943.75. looking for 933-936
LONG ONE FROM 928.00,
Market wants 920 ,which if broken will lead to 903-4 and if that is broken gives 888 area.
stopped on my long , now up 1 handle.... watching
added two at 24.75...33 is new first target......&%^$ not likeing this campaign so far
man its forming MA pattern on 1 min chart


i still want that 36 and the 40 and the 955...lol....
S2 is 926 as an FYI...trouble in this long
there not gonna let the s2 players win on a long that easy..they may even push it out 5 points which goes well with Kools 20 number
we'll see my 920 within 5 min.
falling wedge?


quote:
Originally posted by CharterJoe

If we open here were going to gap below this weeks range (IB also) Watch out for the IB breakout today below last weeks VAL.



Beautiful set-up that I wanted to share with ya'll that happens often..... Mon and Tues a.k.a. weekly IB was nice and tight, we got a gap below the weekly IB and then B penetrates last weeks VAL todays IB breakout worked very well because it already broke critical support 30 points followed.