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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
downside targets remain 52.75, 52.50, 46.50
short 2 @ 869.75, 3 point stop
s @ 70.25
1 off 69
flat be
covering one to reduce risk
selling higher i guess
we dont want a close above 74.50
out at 871.00..loss of 1.25 but now i have a managable risk ..stop is 872.75
s 1 @ 69
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