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ES 11-20-08


here we go!
i am done too +11. missed a bunch of runners
usually id have covered both by now, but im trying to work on my discipline(lot easier when ur up big!) im banking that it wont get thru the 5 min boll avg at 800.50 and the 1 min 54 avg is aruond there too!
15 min avg is 801.50... see? never the first try!
WHEW! that was close!
ONCE IT BREAKS THE LOWEST AVG , THE 1 MIN BOLL AT 797.50, I SHOULD BE OK!
$%#% STOPPED AT 802 O/N THE OTHER... i gave them 500 bucks for free!
still 800-802 is a good sell for the ride to 784.. thats it for me tho, im whipped..
Kudos to Bruce, his vol. zone post nailed the 803 resistance perfectly!
look at the 15 min chart and you'll see the peak should be sometime on this 15 min bar!
that 803 is drawing more power as the day goes
quote:
Originally posted by VOwater

prestwick where did your BAV end up


Here is how it finished VO. Notice how big money (white line) really sold hard on the break of 772-770 around 14:33? At the same time small money (brown line) started to net buy heavily. I rarely see small money's conviction outweigh the conviction of big money, ala today. Bigs look to have done some covering into the close. That 770-72 area should be watched tomorrow if we test it as it is likely that big money will try to defend the sells they started there unless some news changes the nature of the market.
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