yahoogle
May 04, 2010, 05:46 PM
Greetings,
Here is some closing commentary provided live within chat on Monday:4:19 PM [yahoogle] MW: Wall Street sent skyward
4:20 PM [yahoogle] ES is just a few points away from a bearish slide, with such headlines, should be very cautious about long side, UNLESS 1202 breaks
4:21 PM [yahoogle] if 96 goes in globex, it could be a 3rd wave down potentially; a very key spot here;
Today, ES lost critical support at 1196 (in globex), which was discussed at length on Monday (see above) -- and sank hard in an internal 3rd wave down; it bounced off 1177 lower support, but correctively, and our 1183 resistance level was sold again, providing another great short entry; the market continued to fall sharply until it reached our lower support levels at 1167 and 1164, given to our members in advance.
Real time Elliott Wave counts, current key levels and much more is accesible to members of our community. Take advantage of our Trial Membership (http://www.tradingdanumbas.com/?page=trial) and see how Trading da Numbas can improve your trading.
Here is some closing commentary provided live within chat on Monday:4:19 PM [yahoogle] MW: Wall Street sent skyward
4:20 PM [yahoogle] ES is just a few points away from a bearish slide, with such headlines, should be very cautious about long side, UNLESS 1202 breaks
4:21 PM [yahoogle] if 96 goes in globex, it could be a 3rd wave down potentially; a very key spot here;
Today, ES lost critical support at 1196 (in globex), which was discussed at length on Monday (see above) -- and sank hard in an internal 3rd wave down; it bounced off 1177 lower support, but correctively, and our 1183 resistance level was sold again, providing another great short entry; the market continued to fall sharply until it reached our lower support levels at 1167 and 1164, given to our members in advance.
Real time Elliott Wave counts, current key levels and much more is accesible to members of our community. Take advantage of our Trial Membership (http://www.tradingdanumbas.com/?page=trial) and see how Trading da Numbas can improve your trading.