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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...

Click image for original size
ABC projection off LOD