ES 12-4-08

GM Traders

Daily PP: 856
Weekly PP: 858.50
POC: 854.50

5m @ 42.75

the problem is the longer term candles 30m & 60m still look constructive

$ticks helped me on that last trade...divergence and if you look at ticks compared to yesterday they show little power on upside in general..we where testing yesterdays RTH highs with much less $ tick envolvement

Bernake is speaking.

877.50 i am shorting

palmer if this abc plays out 63.50 is 1st target

yep also 50% of the move- sweet!!!!!!!!!!!!!

VO Are we looking at little ABC from 11:05?

I'm flat at 69.25..those triple highs seem interesting..are they gonna let those shorts win like that?

would prefer to seem some excess at the highs for longer term short move

l @ 71.50

i sucked today - missed alot of moves but at least i was up