Friday, November 27, 2009 1:40:43 AM
ES chart update target 1050
ES 10000 tick chart with just S/R
if 1083 breaks down lead measured target 1059-1047 zone
a 30 points ES gap down means P3 started, and this is just the starting point of wave 1, we might get some up side from this week or next week's low towards Xmas if retails are ok for this weekend's shopping rev.
but the tone is set, after 30 points gap down, 2009 high is 1112 spx
ES 10000 tick chart with just S/R
if 1083 breaks down lead measured target 1059-1047 zone
a 30 points ES gap down means P3 started, and this is just the starting point of wave 1, we might get some up side from this week or next week's low towards Xmas if retails are ok for this weekend's shopping rev.
but the tone is set, after 30 points gap down, 2009 high is 1112 spx
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