I think, today we will be trading within 1184.00 and yesterday's low 1171.00.
My daily projection #s for today are:
1,184.75 - 1,180.50 - 1,176.25 - 1,171.75 -
Below 1171.00 --- 1,167.75 - 1,163.40 - 1,159.25 - 1,157.253
Will see. The market always has the last word, and in due time will show me the way.
BR
BruceM
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Posts: 19,895
added at 81.75....anyone see anything in ON data which may help this fade?
I1
i1hunter
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Posts: 268
I think we are in the process of finishing wave 4 on the day session. Currently making "e" of 4 . If correct then tomorrow should start moving down again towards 67 and possibly lower.
Looking at my 30m overnight, the ES just hit the 1184 area posted in this thread earlier today. There is also a 1.278 ret at 1184.50 and the MdP for 11/17 was at 1185.00. Will you say that there is plenty of resistance in this area? I think so. If ES moves above 1187.00 (!.618% Est.) Will indicate that I'm wrong in my assumption of finishing wave 4 and will cancel my down side view.
Good luck and good trading.
Looking at my 30m overnight, the ES just hit the 1184 area posted in this thread earlier today. There is also a 1.278 ret at 1184.50 and the MdP for 11/17 was at 1185.00. Will you say that there is plenty of resistance in this area? I think so. If ES moves above 1187.00 (!.618% Est.) Will indicate that I'm wrong in my assumption of finishing wave 4 and will cancel my down side view.
Good luck and good trading.
Originally posted by BruceM
added at 81.75....anyone see anything in ON data which may help this fade?