ES 09-09-08

Here's some sq of nine S/R #'s I am looking at today....

1315
1297
1283.5
1279
1268
1261
1247.5
1243

sold 1235.75

Covered long @ 38.5 +6.00 on that one I love Sq of nine and MP.

Whats a 'naked' point of control,as opposed to a regular poc?

Generally the market trades at the previous days POC when it dosn't it leaves an untouched POC to act as greater S/R in the future called a naked POC.

Gotcha, thx.Covering 1234.00

Yippeee!...flat on the day(minus commissions tho.)

cool....we both took opposite sides and both made it.

I'll be a buyer again at 25.

Some great moves in the market this week so far!

yeah, only cause i played a 4 point stop.But you know, i feel pretty good. Since i joined this forum i was calling for a decline into this time frame, and so far , at least its coming to pass. I also called for 1217(almost dead on) 1211 and a marginal new low (1177). I just wish i could trade better LOL!

Bruce if you split the red lines it called the high i.e. 1261 sq root +.125 squared = 1269.89 RTH high was 1269.5