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ES 1-6-2008

Good Morning Traders !

VAH 930.50
POC 925.50
VAL 922.00

Weekly R1: 954.50
Weekly PP: 904.00

Daily R2: 944.00
Daily R1: 935.75
Daily PP: 926.00

Highest High in last 20 trading days: 934.25

I will be watching what happens at R1 with great interest this morning ! Also watch the IB high for indications of a trend day if price is accepted above R1.

ES Daily Notes 5 Jan 2009
Originally posted by prestwickdrive

bigs +20500

+23900 now
short 940.50
s @ 42
1 off 39
Morning All:

....I think the 15m projection at 942.50 was just hit...

I don't know much about the "Wolfe Wave", but this looks like one in play here....
flat 36.75
pulling some and tightening up at 36.75..nice plus 8- 10 hit today..will try for the lows next
hey palmer...i just saw where you shorted, i shorted exactly where you did...took it off at 2 pts up 3 pts for the day
+4.5 on that short
Thanks PT. Very much appreciated the time and thought that you have put into the questions I asked.
I have still a lot to learn.