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ES 12-12-08


GM Traders

Daily PP: 82.75
POC: 97.75

Currently in bearish pattern, if it plays out should send us back to low 30's
flat 73.25 again
jack as im sure your aware wave 4 is a corrective wave and the only way we could be in a 4 wave is if your going off the overnight lows (and this whole move is the 4 wave)...i know you trade a 5m but im sorry i just cant see that
panick cover at 872.50, and it looks like i did the right thing!
last try from 72.50...
crude is recovering its losses and energy stocks are helping this push
ill be a buyer at 870.00
flat at 73.25...no more tries for me here
I'm selling 75
this could want the 78 now if it keeps wedging....
2nd 79.50, 3rd 85.50
quote:
Originally posted by JackS65

S&P just hit MOB NAS very close. These tools are unbelievable. Each night I pick one of the tools provided with AdvGet & practice.



its not the tools my friend but the fib numbers they project and the ratios they derive...geometric relationships and how they exhibit harmonic relationships between price and time...mindblowing stuff thats for sure