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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
sorry, dont understand- maybe i am dense (need to change my nick). You get what you think is a significant high candle THEN you do your projection to set your target and enter if price action looks reasonable. Did you mean if you were confident the projection COULD be met?
VO,did you have a chance to review your e-mail yet? That guys always mirroring my outlook!
possible DB setting up on 5 min
yes kool...he always makes sense to me...he talks about the 850 level, which we still have an outstanding 60m there as well
two guys looking at the same chart and comming to the same conclusion!
CHECK THIS OUT VO!
small divergence at the lows
I should point out this pattern is even if the 'rebuff' kiss is at a higher level than the original breakdown area!(which always traps a lot of technical analysts!
db obviously negated
here is one of the daily's ive been watching

Click image for original size
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just noticed it is up 6.66%! evil number