ES 12-1-08

Daily PP = 889
Weekly PP = 858.50

D: 1128.50
60m: 905.75, 910.25 / 860.75, 836
15m: 900.75, 905, 913.25 / 867, 864.50, 855.75
5m: 901.50, 905, 910 / 865.75

I will be paying close attention to the 905 area, as we have 60m, 15m, 5m projections there and that is the .618 retrace from the 11/5 H

tried for 44.25 order cancelled

Got it now

trying again on longs from 45.50..want 52.50 retest

long one at 845.25, covering at 849 if they let me(1 min avg is 850.21)

we have three in a row up there....only problem is that 48 to 50 bar with that volume

im gettin nervous, raising my stop to 844.00

whwew! out at 849.00,plus 3.75, up 13 on the day.. what kept me in was a 1 min proj to at least 850.50 or so and 5 min bar saying 855.00 unless 844.50 is touched again

49.75 is best so far...

still think it goes to 854-55(there's 850.25) 5 min boll avg is 850.50 also so it may take some time

quote:

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Originally posted by redsixspeed

prior IB hi 832 / -100% of today IB 830.25

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we're back to the 32.00 area/ had a 30min. close
under then above now heading back under