ES 1-6-2008

Good Morning Traders !

VAH 930.50
POC 925.50
VAL 922.00

Weekly R1: 954.50
Weekly PP: 904.00

Daily R2: 944.00
Daily R1: 935.75
Daily PP: 926.00

Highest High in last 20 trading days: 934.25

I will be watching what happens at R1 with great interest this morning ! Also watch the IB high for indications of a trend day if price is accepted above R1.

ES Daily Notes 5 Jan 2009

out at 932.50 for +1 pt....didn't trust it to go too far

will try again at 935.75

short 34.0 target 31.25

flat 31.25

If my E-wave count is any good, then we just completed the top of wave 2, and should be heading into wave 3 down...

nice trade lord

quote:

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Originally posted by lordalfa

short 34.0 target 31.25

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nice trade

...bear flag forming here

flat plus 2

should f held but too much heat suffered

Thanks PT. Very much appreciated the time and thought that you have put into the questions I asked.
I have still a lot to learn.
Regards
A