ES 12-16-08

GM Traders

Daily PP: 873.75
R1: 891.50
S1: 854.75
POC: 868.25

60m: 903.50 / 848.50
15m: 903.50

overnight globex gap @ 874.25

1 off 80...stop be

flat be

fwiw, bigs actually accumulated a little into that downthrust to 78.25

crap to the tick!

again, fwiw, small volume trades have been distributing while large volume trades have been accumulating so far this am. right now cummulative trades of 49 or fewer contracts are -5k while cummulative trades of 50 contracts or more are +6k

thanks pwd

79 - 82 is high volume but I think that will change.. a bit early to tell and new volume can come in

s @ 80.75

1 off 79

Thanks for all the charts and goodies today folks........I enjoy it all but today I really enjoyed Prestwicks updates on what the "super powers" where up to...cool stuff