Pretty good day of trading, one boneheaded trade and some regular old trades. I never really got on the trading in the afternoon, even though the general trend was up. The price action was choppy and I was too hesitant to just jump in and ride the upward trend. I can be a real chicken sometimes.
| ESZ9 For 10/07/2009  |
How To Use |
| Symbol | R1 | R2 | Pivot | S1 | S2 | |
| ESZ9 | 1058.33 | 1068.17 | 1046.92 | 1037.08 | 1025.67 | |
![[Report]](http://mam.econoday.com/images/mam/byreport_butt_new.gif)
7:00 AM ET![[djStar]](http://mam.econoday.com/images/mam/djstar.gif)
10:30 AM ET1:00 PM ETFairly mundane day in terms of announcements.
This was a fairly difficult day to trade, even the chart looks like it is nearly straight up. I took a trade right at the opening, which is very unusual for me, and rode it out for a fairly nice gain. Notice my exit was based on the Bollinger Bar close, and the CCI making a near U-turn.
| ESZ9 For 09/29/2009 |
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| Symbol | R1 | R2 | Pivot | S1 | S2 | |
| ESZ9 | 2611.82 | 3005.83 | 1823.78 | 1429.77 | 641.73 | |
7:45 AM ET8:55 AM ET9:00 AM ETRichard Fisher Speaks
9:50 AM ET
![[Report]](http://mam.econoday.com/images/mam/byconsensus_butt.gif)
10:00 AM ET10:00 AM ET1:00 PM ET3:00 PM ETCharles Plosser Speaks
7:00 PM ET
Some Minor announcements today, especially the Case-Shiller HPI, which is probably the most accurate of the housing news sources.
The market stayed well above the 89 period SMA today, so I restricted myself to long trades. There was one beautiful trade that started around R1 and blasted through R2, and that was really it for the day. I took a couple of long trades hoping the market might break out some, but nothing really materialized, and I exited the trade with small gains.
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