Weekend Chart Summary 2-28-09

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On a very short term basis ,(globex?) there is also good resistance around the 744-745 pivots and moving averages.

The 7 waves down on the 15 minute started on January 5th?

No,Smithgar, much shorter term it started at 750.75 on 2-27 as seen on the above chart

Was comparing recent cumulative volume action in the ES to 21NOV08. I thought the similarities were valid of a post.

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To put things in perspective in terms of time check this out . We're likely only a little over halfway through this 'nightmare'.

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