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ES 11-20-08


here we go!
on this after noon down leg, once we got below 85.50 we had only one full bar above the 90 number...just rambling as to how I like to see these zones in general....nothing in a vacuum though....
thats the bar I was referring to bruce
SIGH... AND NOW THEY 'OWN ' 773
ive got a 68.50 number
thanks for that VO....I'm always curious as to what might happen on the smaller time frame..but my one minute didn't pick that up....hopefully soon I'll have better data to tinker with but for now all I have is the one minute
And now prior support (773) becomes resistance, right?
S2 = 65.75
My votes for 762.50, that dam 918 bar!
quote:
Originally posted by koolblue

And now prior support (773) becomes resistance, right?

yup!
ugh...im supposed to be long @ 71.50
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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