For Oct. 6th - Traders Laboratory
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Here I will follow price and try to determine support and resistance from past movement and then analyze real time as it occurs when I can . This will not be about entry and exits. Comments will be moderated, so don't feel bad if your comment doesn't get posted. I will use the Futures chart ( YM, ES, and NQ ) as my barometer, but mainly follow and trade the ES.
erierambler
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For Oct. 6th

Posted 10-05-2008 at 06:46 PM by erierambler
My wyckoff wave is diverging from the ES, it is holding up. Chart attached. On Friday there was fewer lows and more highs even though price continued down further which also gives divergence. Let's now see how price reacts.
erie



Attached Images
File Type: gif ES.gif (14.7 KB, 31 views)
File Type: gif WWAVE.gif (17.1 KB, 25 views)
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