ES 12-23-08

GM Traders

daily pp: 871.75
weekly pp: 885.25
POC: 869.75

60m: 905 / 849.75
15m: 878, 887.75 / 869.50, 862.25

Morning VO

good morning everyone

Good morning everyone. May everyone have a profitable day today for the holidays.

VO - did you notice what happened to the SDS? That x div event probably surprised more than a few who held overnight.

new and existing home sales, Richmond Fed # and housing price index due in 5 min

University of Michigan 60.1 Dec vs. 59.1 November

New home sales lowest in 17 yrs.

30 minute Grail Sale kicking in here....

gap @ 73.50

5 minute EMA has been propping it up....

ABC projection off LOD...