13 replies to this topic

[LarryT]

Looks like they want to tag the ES 1555 again during the day session.

This is starting to take on the look of a triangle. It that is the pattern then 1561 cash will be the high odds target. My weekly SR table has 1562-1568 as the resistance for this week with Thursday the favored day to top. Lately cycles have been comimg early so it could top Wednesday in that area.

LT

[eminimee]

Someone thinks we have a big move coming....or we pin 1550 Friday morning.

[NAV]

Stopped out on the rest at breakeven. LarryT, Now that the hourly has turned back up, your wave 4 scenario now rules ! If they fail again here, then it's over. I have flipped long now at 1561.50

Edited by NAV, 17 July 2007 - 01:02 PM.

[OEXCHAOS]

I'm trying to cover for everyone around here. Still, I'll take 4.75 and call it good. The volume isn't particularly Bullish, though.