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ES 1-5-2009

Watching the 910 area this morning...

VAL 910.25

910.50 is the 61.8% retrace level of Friday's up trend.

Below 910 we have the 904 level:

Weekly Pivot Point at 904
Daily S1 at 903.75

904.25 is the 78.6% retrace of Friday's up trend.

POC at 913.75... will probably be ignoring this level today.

Pivot Point 918.25... will be ignoring this level also.

thank you for the info, pt
Originally posted by pookster

thank you for the info, pt

your welcome Pook !

Here is a morning projection off the Globex High:

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projection off Globex High
thank you again, pt....we're headed that way it seems
morning all
Look out for the failed lower low that happened at 8:42.
good morning Toro
Projection off Globex Low

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projection off Globex Low
Thanks, pt
good morning guys- good luck today
Who got long the CRAB!

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Originally posted by Margie

myptof, I thought you were joking the other day, hilarious!

lol, no its real...its just a divergence trade, need to have been in a trend and a higher high or double top (or close) The divergence is the big thing. I ended up drawing eyes and naming it for my own amusement. I've been calling it the Batman for years now.