ES Friday 9-20-13

1719.50 is magnet price today and looks like they may hit it before the open too...VA high is there...I like sell idea above 20.50...Ideally at 21 and then we can try for that 19.50.....aggressive buys would come at 17.50 but the better area is the 15.50 - 15.75

In general I have a bullish bias today and think they ultimately want to make new highs above Thursday and fridays highs
revising target to 14.25
dead nuts hit on the projection. (hence no clue as to whether 1706 in in the cards...
damn O/N low is in my way
a close up of wednesdays 12 ledge
Click image for original size
ledge 12
took at something at 13.50..once again I have become a scalper.....will try to hold runners for 15.25 if not stopped
next number on downside failure is really 09.75
kool can u post the whole image of your chart ? can barely see the proj on the left...thanks !

Originally posted by koolblue

Click image for original size
es 12 13 15 min 9202013
took something at 14.50.....not much ammo left....2 runners left with no good place for stops...IB ending here
prefer to see this stay inside the range of YD and not come out for another look under there...hard stop at 12.25..
The projections on the left are from the all-time 1716.75 high to the full initial move to 1721.25 . at least thats my guess so far.
Click image for original size
es 12 13 15 min 9202013
cool day considering I was on the wrong side from the start ...hope all have a great weekend