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ES 10-26-09


BACK TO WORK THIS WEEK , SO IM GOING TO GET SOME SHUTEYE. BUT IF I WAS TRADING THIS MORNING ID BE LOOKING TO SELL EARLY STRENGHTH....

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HERES A DIFFERENT PERSPECTIVE TO SHOW DOWNSIDE PROJECTIONS , SHOULD THAT OCCUR...

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WOW! QUITE THE DECLINE HERE! 1068.25 IS A SUPPORT AREA, BUT NOT A VERY IMPORTANT ONE!


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SCALP BUY RIGHT HERE... 1065.75


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... NEXT SUPPORT IF IM WRONG IS AROUND 1061
PLAYING THIS WITH A TIGHT STOP, JUST IN CASE! SINCE IM UP 5 HANDLES , I'LL START WITH A 2 POINT STOP
!@#$!@#...STOP JUST HIT..WAITING FOR LOWER...OR A REBOUND TO SELL!
THE NEXT SUPPORT RUNS FROM 1061.25 (120 MIN CHART ) TO 1062.50(13 MIN)
BINGO! ...NOW THE BOUNCE COULD STOP AT 1068 ,BUT MORE LIKELY IS THE 1071 AREA


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