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ES 12-1-08


Daily PP = 889
Weekly PP = 858.50

D: 1128.50
60m: 905.75, 910.25 / 860.75, 836
15m: 900.75, 905, 913.25 / 867, 864.50, 855.75
5m: 901.50, 905, 910 / 865.75

I will be paying close attention to the 905 area, as we have 60m, 15m, 5m projections there and that is the .618 retrace from the 11/5 H
should be upside pressure 10-20 min at least
there's the close i didnt want to see
Will go long if this goes above @848 with sl@839
buying 844.75(one only)
long one at 844.75, 3 point stop
remmeber bernanke going to talk in 3 minutes
5 min boll avg is 843.32 and max 1 min proj is around 842.75... im holding...
Nice Kool...I forgot a zone at 40 - 42.50.........Oh well..sorry to anyone who actually watches those.....I guess it just shows that we all need to do our own analysis..I'm trying for 50.50......hard day for me....only one good campaign out of three..
should have waited until berstanky was done yappin
ill be done @ 42
quote:
Originally posted by redsixspeed

prior IB hi 832 / -100% of today IB 830.25



we're back to the 32.00 area/ had a 30min. close
under then above now heading back under