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Steve Griffiths
06-12-2006, 10:36 AM
Hi Everybody,

Wave 2orB low forming on the ES ?

Please see chart below. So lets see "if" we get a low here today ?

Steve
Dave Todd
06-13-2006, 12:51 AM
Nice your setup, but... what time frame on ES you posted ?
Dave
stevej
06-13-2006, 01:05 AM
Nice your setup, but... what time frame on ES you posted ?
Dave
It's 60 Min displayed in MTP EOD
Steve Griffiths
06-13-2006, 05:46 AM
Correct.

60min ES...................

As an update, as outlined in today's report, the market had other ideas as the down trend gathered strength as shown by the new STF indicator. This combined with the very bearsih $TRIN yesterday would have voided this "potential" Wave 2orB low and pointed to a continued decline............. which is what happened.

Thanks

Steve