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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.



myptof, I thought you were joking the other day, hilarious!
anyone have a price projection to 916?
thanks for for being here its awfully quiet in my room without all the posts...almost feels like I got the hang of trading off the price projection, again thanks gn
quote:
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.