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 Wednesday 2009.02.17

17. February 2009
ES - We finally broke that daily trendline and we're finally on our way to new lows.  First, the most recent swing low on 1/20 was 797.50 is a nice place to start to short. Second, Tuesday was such a large down day, we also must look at the 50% point of that bar, around 802.25.   However, if this market proves weak, we may not get that high and 791.50 may stop us.  Targets 782, 774.25, 759-762.

Homework