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ES 12-05-08

GOOD MORNING ALL! Well as you know im not a big fan of longer term forecasts, but i keep getting asked so much that thats why i posted some views the other day on the globex thread and the trading strategies forum. I bring it up not to receive plaudits but because im trying to 'teach' you that the techniques i have shown you here(price proj. and cycles) work on any time frame and in any market for that matter! I have always made good money from the markets but my dream has always been to create an 'army' of traders as skilled (or better!) as i am to level the playing field at this giant casino we call the financial markets. When i made the case for a top in the market tue-wed with 872.50-877 being the prime resistance area im sure most were skeptical, and heck, coming off of the most oversold market in history thats understandable.
i got one cycle left thats slightly after 2:00 but that seems a lifetime away!
i guess ill try 843.50, but its gonna have to be a wide stop!(15 min says 846.75)
I had an extremely horrible day Wednesday and between yesterday and today have more than recovered so I am going to call it a week to run errands with my wife before a snow storm hits here. TY to all again.

Aside from the singles we are in now that range to 41.5 (also sq 9 @ 41 and Bruce's HVA 40-42.5 area), there are singles above 48.75-54.0 and 56 sq 9.

Singles below are 17.0-19.25 rom today and 07.25-13 and 13-14.25 with 13 sq 9.

LVA is 55.5
thanks prestwickdrive
GREAT TRADING ,PREST. have a good weekend ... short 2 @ 843.50
FWIW 1 ,5 and 15 min charts are now overbought!
back from being on is 50.50
and there the 15 min deadly!!! ...sigh/....
and im stopped at 847.00 loss of 7, now down 0.5 handles and ready to sell again!
s @ 49.75...i took 1 off @ 47...stop to 47.75
Welcome to the forum UKtradergirl

These dynamic charts (volume and tick charts) take a little getting used to at first. VO uses a 610 tick chart which matches my volume chart fairly closely.