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ES 1-2-09


GOOD MORNING AND HAPPY 09! order to sell one only at 905.00
margie would need at least 30.75 on CD leg to qualify...good eye
HERES AT LEAST A POSSIBILITY......
CYCLES WOULD INDICATE THE POSSIBILITY OF A TOP NEAR HERE HOWEVER... WE'LL HAVE TO SEE...
that would be a minimum proj on this chart,cause 2 or even 4 bars to the right could also be the longer term possibility!
My apols Margie...I was fixed on the 5 min chart. Although its a little late in the day there is a bearish butterfly (1.62 ext) at 931.50 on the 1 min.


quote:
Originally posted by VOwater

margie would need at least 30.75 on CD leg to qualify...good eye


931.75 to be prexact...


quote:
Originally posted by neath

My apols Margie...I was fixed on the 5 min chart. Although its a little late in the day there is a bearish butterfly (1.62 ext) at 931.50 on the 1 min.


quote:
Originally posted by VOwater

margie would need at least 30.75 on CD leg to qualify...good eye



Thanks for the help, just trying to see if I can identify them.
30.75 to be exact on the 610T
fwiw, if anyones still here..it was a picture perfect butterfly with a mini ABCD in the C leg.


quote:
Originally posted by neath


931.75 to be prexact...


quote:
Originally posted by neath

My apols Margie...I was fixed on the 5 min chart. Although its a little late in the day there is a bearish butterfly (1.62 ext) at 931.50 on the 1 min.


quote:
Originally posted by VOwater

margie would need at least 30.75 on CD leg to qualify...good eye





neath are you another pattern freak like me?
Hi Kool. Interesting method of time and price.

I was wondering if you do use your cycle/price method for trading with the trend, and how do you climb on board in those cases. Or maybe today was unusual day for going against the trend?.

Thanks