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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
tried for 840.50, had to chase 841.00, 3 point stop,... last attempt on a long for me!
I beleive that if they can't do it now....then we are in trouble after the bonds close
man, they just cant seem to break away from that 5 min boll avg at 842.50
1 min avg is also there.
this bigger wave abc targets 849, 51.25 and 54.50
yeah VO id be happy with 851ish
ill cover the 847.50 resistance area(5 min avg) and previuos mini peak(847.75)
took 1 off @ 45.25
there loading up for one more push to 847.25 or higher...
yeah! out at 847.25 and tere she goes!.. up over 16 and likely done for the day...
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