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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
pulling at 32.75..next target is 28.75
(nice chart P.T.) ...THATS WHY I COVERED THERE!
stopped 31.25
Yes, BruceM, she likes the Taylor Trading Technique......Also, if this is a Wolfe Wave, then the trendline projects down below the 910 area....
Bouncing of the 15m EMA here...
l @ 29.25
huge volume from yesterday at that 28.75.......now comes the real fun
1 off 30.75
Did you take her seminar? Reply when you can..no rush.....I have her manual...good stuff
quote:
Originally posted by PDQ

Yes, BruceM, she likes the Taylor Trading Technique......Also, if this is a Wolfe Wave, then the trendline projects down below the 910 area....

I get the feeling they really suckered in the longterm break out traders on this push up today....
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.
Regards
A