ES 12-24-08

GM Traders

daily pp: 864
POC: 863.75

60m: 905 / 849.75, 830.50

globex gap = 859.75

Better volume to the upside too...

i now have 4 1 min bars with a 65.75 peak ...you know theyll break that!

like a magnet, they feed off volumne!

...also, three 5 minute bars with the same high...

raising my stop to 864.00

1 min boll avg is 865.50

stopped at 64! ending the day up 11.5...

pls some1 explain to me wat that was

Today high=50% retracement of yesterday's high.
looks like extended flat correction...

Thanks Kool....Speaking of Santa, I need to run....Thanks for all the great information and everyone have a great Christmas!