ES 1-2-09


GOOD MORNING AND HAPPY 09! order to sell one only at 905.00
"If price is rejected at the 236.8% level, then a reversal is imminent"......Just one of my observations while trying to learn this technique...
(Referring to the failure to reach the 261.8% level at 916.14 projection from 896.50 to 904.00....)
cycle mini top soon!
Yep...looking at that too...:-)
916 is a sq of 9, it should be noted!
BINGO!
Looks like 916.50 is the current UP projection on the 1 minute chart --If it falls short by a tick, then would be more confident of downside potential....
This -ve diversion should be worth something
I've explored 240 min. chart, but 1h looks more precise..

Click image for original size
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Does it make sence or just a coincidence??
lat add for me is 15.75....the floor will many times try to push it 2.5 to 5 points beyond a R1, s1, r2,s2 number as they know many will gear their stops to those......just thought I'd mention it for those who follow pivots stuff
MAKES GOOD SENSE...Pash!
Hi Kool. Interesting method of time and price.

I was wondering if you do use your cycle/price method for trading with the trend, and how do you climb on board in those cases. Or maybe today was unusual day for going against the trend?.

Thanks