ES 1-5-2009

Watching the 910 area this morning...

VAL 910.25

910.50 is the 61.8% retrace level of Friday's up trend.

Below 910 we have the 904 level:

Weekly Pivot Point at 904
Daily S1 at 903.75

904.25 is the 78.6% retrace of Friday's up trend.

POC at 913.75... will probably be ignoring this level today.

Pivot Point 918.25... will be ignoring this level also.

@!#@$&!

quote:

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Originally posted by VOwater

@!#@$&!

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my thoughts exactly!

$vold & $add new highs price has to follow

When the high was set this AM big money was +11k net contracts from the pit open while small $ was +5k. On that last touch of 30.5 big $ was a net -2k and small $ was a net +9500. Bigs are a net -3k now.

thanks pwd

prestwickdrive could you please explain it, its confusing for me

s @ 27

took 1 off 26.50 (thank god) will leave my stop

will scratch if they let me

This may be the big one south

quote:

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Originally posted by Margie

myptof, I thought you were joking the other day, hilarious!

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lol, no its real...its just a divergence trade, need to have been in a trend and a higher high or double top (or close) The divergence is the big thing. I ended up drawing eyes and naming it for my own amusement. I've been calling it the Batman for years now.