Homework for Tuesday 2008.12.30

30. December 2008
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ES - This is admittedly posted after the fact.  However, I want to add a record of my written notes for me to refer to in the future.  These numbers performed very well!  (Underlined are more important than not and "daily" are more important than "intra-day".)

DAILY

UP: 873, 878.25 (R1), 887.75 (360+90)

DN: 858.25 (360), 844, 839.25

ROTATION: 873 (Daily 360+45)

INTRA-DAY 

UP: 876.75, 882.75 (90), 892.75 (90+30,LR100)

DN: 868, 862, 852.25

 

To complete the 100% rotation, we needed to get up to 892.75.  After the close at 888.25 we floated up to 892.50!  That's technical analysis, baby! 

The generation of the above numbers for Wednesday states we now need to fall to 887.75.  We are currently at 889 and falling.

 

 

Homework

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