ES 11-14-08

15m: 935, 945 and 866.50, 836.50

will be away most the day

Akola, cant honestly remember now, but i think it was from the 1 min chart .... ill try to locate it later when i have more time.

hi Kool- up 11 handles today-

On downside, -100% IB extension = 964.0. Whatever % rule in effect to 836.5. Sq 9 @ 856. On upside we are in singles until bottom of hour up to 874.25.

singles now 868-874.25

what im looking at is the hourly bars 1:30 to 3:30 in the morning ...904.25 to low of 889.75 giving 886.25, sort of a bigger picture look.

selling 880.50

could run to 882.50, so my stop is above there

5 min boll avg is 876.00 so my exit will be around 877

Dam, Palmer! 11 handles! kinda like Star Wars... 'the student has become the master!'LOL congrats... now, be selective! Dont give it all back!

Man, should have paid more attention to cycles i guess which still have 4 or 5 min to go

quote:

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Originally posted by redsixspeed

Click image for original size

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My thought process with this chart was with a break
@ 868.00 we might go to the 829.00 area. That was hit
this morning @ 6:40est