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ES 12-3-08


Daily PP: 837.50
S1: 824.50
R1: 862.25
Weekly PP: 858.50

POC: 834.25

Daily: 1128.50 / 732
60m: 874.75 / 824.50, 808
15m: 857.75 / 807.50, 805.75
5m: 825, 822.75, 816.25
close below 57.50 will get me out
geez flat 57.25
MY indicators are dead neutral here
yup chop...look how those mfers took it above 59.25 but didnt close it
we still could be working on a bigger picture abc from the top
they have a little 5 point box here 59.25 - 53.75
i think we are,Vo! Still got that 'deadly' 15 min proj to 845
if so 1st is 45, 2nd 41, and 36
NYSE volume has dropped to only 65000 to the upside.
all the avgs are 855.50-856 but it acts like it wants 857 ish
good trading today everyone


VOwater: thanks for the charts and helpful explanations
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