ES 12-9-08

GM Traders

Daily PP: 897
POC: 904.50
Weekly PP: 861
Monthly PP: 881

R1: 926.75
S1: 875

15m: 897.50, 891.25
5m: 895.75

flat 5.50

11 :48-9 mini peak

quote:

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Originally posted by wsjalerts13

Short @910.25

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Will cover if this reaches 907.25

selling one at 908.50cause i think 1 min projects just above there.

5 min boll avg is 908.00

short one from 908.50,2 point stop, quick exit

this is what i'm working off of...we are in wave 2 down after 5 pretty clear waves up...we know this cant be wave 4 of an up cycle because it overlaps wave 1, so has to be 2 down...comments welcome

has to get thru this 1 min avg at 906.75...hoping to exit 905 ish?

dam, had a proj to 904 but it was just negated. CHART LOOKS GOOD TO ME vo!(and the analysis!)

hmmm i still think i may get 904, or even 902.75