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

quote:

---

Originally posted by prestwickdrive

bigs +20500

---

+23900 now

short 940.50

s @ 42

1 off 39

Morning All:

....I think the 15m projection at 942.50 was just hit...

I don't know much about the "Wolfe Wave", but this looks like one in play here....

flat 36.75

pulling some and tightening up at 36.75..nice plus 8- 10 hit today..will try for the lows next

hey palmer...i just saw where you shorted, i shorted exactly where you did...took it off at 2 pts though.....now up 3 pts for the day

+4.5 on that short

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