Welcome to neoToolbox.com! Your home for professional tools and scripts for use with eSignal. If you need any custom eSignal scripts (EFS) built, feel free to contact us.

Disclaimer: By downloading and using any of our studies or visiting our blog, you agree to the following disclaimer:  
 
Past performance is not necessarily indicative of future results. The risk of loss in trading commodities can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. All blog posts are merely a collection of thoughts and opinions and are not buy and sell recommendations. neoTOOLBOX.com does not guarantee results, information, or EFS studies and scripts in any shape or form.

Homework for Monday 2009.01.05

4. January 2009

ES - Time to start hitting the markets hard again.  If we keep continuing up, 933 may pose some temporary resistance (Gann 360+180+45 and trendline).  This will pose a double top.

Underlined levels have confluence with both intraday levels and daily levels, as well as a pivot point or HLC. 

 DAILY

UP: 933 (H,180+60), 948.25, 963.75

DN: 917.75 (PP,45), 902.75 (S1,90), 892.50

ROTATION909.75  925.50 (C)

INTRA-DAY 

UP: 933 (H,D180+60), 943.25 (R1,180+90), 958.50, 974 (R3,360)

DN: 917.50 (PP,D360+180), 912.75, 902.50 (S1,90,D360+90+45), 892.75 (U/D)

 

Summary 12:21 CST - Friday's close seems to be working best as a rotation level, 925.50.  This puts a 100% rotation down at 917.75, which is right inline with the numbers from above and the bounce we have seen so far today.  A 100% upward rotation is all the up at 964!  I couldn't come up with a good choice last night, so I just used Friday's rotation level above.  Updated.

Homework