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ES 1-07-09


DOWN ONE O/N THE DAY , SELLING 922.25...WATCHING
LDVA moved up to 912.25 area now
13.75 - 11.50 is highest volumebar...we don't want to get below there again or 903 is coming I think
IS IT ME OR DOES THIS WHOLE DAY FEEL LIKE A GLOBEX SESSION?!?
Bruce the butterfly is a topping/bottoming pattern generally and targets the whole move to the A point, which in our case is the low 40's...go to last nights chart thread where I posted the chart. And yes its no different than any other pattern - it will fail. I would not give up on it until we take out the lod and then maybe a little more.
thanks Vo
13 = 61.8, 11.50 = 78.6, 10.50 = 88.6
ILL BE COLLESTING SOCIAL SECURITY BY THE TIME... OH THATS RIGHT ,THFED ALREADY LOANED IT OUT! NEVER MIND!
the 60m tells me it wants the lod and then some...we can hope for a failed low
next mini low due around 12:46 or so...
Hey kool that 17.50 spot was a time and price or only time?.

Slowest session in months for sure. Probably big move coming.
Targeting 1/2 916 and rest at 923.