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ES 12-16-08

GM Traders

Daily PP: 873.75
R1: 891.50
S1: 854.75
POC: 868.25

60m: 903.50 / 848.50
15m: 903.50

overnight globex gap @ 874.25
i bought a few Jan 115's for $5.50 on the TLT
anybody getting any trades off?
so far they can't get a full one minute bar above that 82.50...since the 85 failure but who knows in the low volume......we know they will break an hour range...eventually.....!!If only I knew which one..
Volume, Vix's & Trins are all Very Bullish. I'm in at 882.00 & will hold until we get close to Fed. announcement.
What time is the anouncement?
2:15 est
bigs are +19400 now and smalls are almost up to net zero
I'm short again from the 85 number again..trying for 82.50 retest..keeping it tight or now
dow is trying to lead out again/....where were the TICKS on that run up?
perfect symmetry!

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Thanks for all the charts and goodies today folks........I enjoy it all but today I really enjoyed Prestwicks updates on what the "super powers" where up stuff