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ES 1-9-09


GM Traders
market is unhappy about something
Next projection I can come up with is 877 area....
this is gonna make one hell of an IB !

wonder what the 2x IB will project to ???
Trendline support on the daily here...887 area is the 61.8% re-trace level on the daily chart from 853.25 to 942.75...
quote:
Originally posted by pt_emini

this is gonna make one hell of an IB !

wonder what the 2x IB will project to ???

PT, can you explain this (IB) when you get time? Thanks!


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intial balance is the range of the first hour of trading
core add at 89.75//that was weekly prohection
added @ 890 avg 895.25
ideal tareget is above the 98 area
quote:
Originally posted by vast524

Prestwick. Are you just reading this by the Dome and the T&S chart?
Regards


The singles were from the pit session TPOs. The read on big money net position is from a BAV chart.