Archive for ‘resistance’

ES Emini for Thursday

By , 10 September, 2009, No Comment
ESU9
For 09/10/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1039.58 1046.67 1029.17 1022.08 1011.67

Fed and other important announcements

Jobless Claims
[Report][djStar]
8:30 AM ET

Dennis Lockhart Speaks
12:30 PM ET
Tim Geithner Speaks
1:00 PM ET

Donald Kohn Speaks
4:15 PM ET

Money Supply
[Bullet
4:30 PM ET
All sorts of stuff today that has the potential to move the market a bit, could be an interesting day with some significant movement, depending upon the nature of the announcements.

ES Emini: Pivot and other announcements

By , 9 September, 2009, No Comment
ESU9
For 09/09/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1030.58 1036.17 1021.42 1015.83 1006.67

Fed and other important economic announcements

Charles Evans Speaks
8:00 AM ET

Redbook
[Bullet
8:55 AM ET

Richard Fisher Speaks
1:30 PM ET

Beige Book
[Bullet
2:00 PM ET
There is not an overabundance of announcements today, but some interesting stuff.  Yesterday’s announcement of the alarming contraction of consumer credit should play into the market today.

ES Emini: Tuesday Sept. 8

By , 8 September, 2009, No Comment

Nothing of overriding consequence is scheduled to be announced today, but that doesn’t mean the potential of interesting trading is excluded, as the market wrestles with just where we are in this recession. Several economists announced last week that the recession was over when we had some good numbers on manufacturing. I am a bit skeptical of these predictions, and would prefer to see some successive numbers of increased manufacturing capacity before I would call the recession quits.

ES Emini Chart for Friday

By , 6 September, 2009, No Comment

Several nice trades early in the day, with the 9:30 move a very nice trade. The rest of the day the market traded in a narrow range and I probably should have stopped, but I was feeling stubborn, eeked out a few gainers and suffered a few losers.

Daily Pivot S1 S2 R1 R2 and Announcements

By , 4 September, 2009, No Comment

Not a whole lot of information to be released today, but the market has plenty to digest with the flurry of reports this week, some good, some not so good.

Daily Pivot and Fed Annoucements for 9-2-09

By , 2 September, 2009, No Comment

I was stunned to see that GM and Chrysler still were unable to increase their sales, even though the cash for clunkers and rebates made for some incredible prices for potential consumers. Toyota won the cash for clunkers derby going away. No surprise there.

ES Emini: Pivot R1, R2, S1, S2 and Fed Announcements

By , 1 September, 2009, No Comment

It looks like an interesting day, as the “Cash for Clunkers” program should give the motor vehicle sales a nice boost, though one must wonder how much weight the market will give the numbers given the circumstance from which they arise. The usual home sales data follows and might produce some interesting results.

Todays Pivot R1,R2, S1 and S2

By , 31 August, 2009, No Comment
ESU9
For 08/31/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1036.83 1046.17 1029.42 1020.08 1012.67

Fed and other pertinent announcements

Chicago PMI
[Report][Bullet
9:45 AM ET

Farm Prices
[Bullet
3:00 PM ET

I wrote a little on pivots, support and resistance yesterday that might be worth a good look for newer traders.

For bond traders, be aware of the new tick change value, from 1/64 to 1/32.

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