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ES 12-29-08

GM Traders

Daily PP: 867.75
Weekly PP: 871
POC: 867.50

60m: 877.50, 905 / 849.75

globex gaps: 862.75, 861.75, 861.50
Good Morning
morning all
seem slow again
Good morning
Wow..we can watch the Market do absolutely nothing!
Should have went in during the London opening. It made a good run of 9 points from the Support 1 to Resistance 1. Now, it is hanging just above the Pivot.
VO or others who have "figured it out" - I am still trying to figure out what set-ups to use to apply the Kool's Tools. Is it legitimate to use the move since the pit open from 68.5 to 71 and then correction back to project down to 64.5 (71-68.5=2.5 x 1.618 =4 and 68.5-4=64.5)? Thanks
864.25 i have as projection and possible support
TY Palmer - which set-up did you use to get that? Are we in synch?
Looks like it is not going to break Support 1.
just noticed it is up 6.66%! evil number