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The length of a swing can vary depending on the
criteria used to select the pivot/turning points.
Here are 3 looks into the future for an 18 minute
chart of ES
----- Original Message -----
Sent: Sunday, February 03, 2008 01:00
AM
Subject: Re: [RT] monday
Ben:
Right now I still have upside pressure being
applied to the daily chart on the E-mini with upside targets for the short
cycle at 1424 and for the longer retracement at 1418. The second price
objective for the short cycle at 1396 acted as resistance on Friday,
There is a lot of divergence taking place with this move higher, but a move of
consequence to short wouldn't take place until the entry price at 1334 is
hit. There could be shorts prior to that on the shorter time
frames. In the mean time keep your stops tight.
----- Original Message -----
Sent: Saturday, February 02, 2008 8:52
PM
Subject: [RT] monday
Hello
My vote is for a down close on
monday,
and
a weekly close down,
however
if we open down 8-10
this crookes are going to fill the
gap
then go up to 1400-1410 fitures
then,, take the air out
and close down 10
Ben
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