Posts tagged ‘resistance’

ES Emini and Fed Announcements

By , 1 October, 2009, No Comment
ESZ9
For 10/01/2009

Symbol R1 R2 Pivot S1 S2
ESZ9 1063.67 1074.33 1052.58 1041.92 1030.83

Todays Fed and other Important Announcements

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

Ben Bernanke Speaks
9:00 AM ET

ISM Mfg Index
[Report][Star]
10:00 AM ET
There appears to be a slew of announcements today that should have the traders interest.  I don’t expect much good news on the car report, and the rest probably may bring some of the recent gains via the hope for a recovering economy into question.  Hope I am wrong.    I won’t be though.  The day will be topped off by a speech from Mr. Bernanke.

Pivot and Announcements for 9-30-09

By , 30 September, 2009, No Comment
ESZ9
For 09/30/2009

Symbol R1 R2 Pivot S1 S2
ESZ9 1062.58 1070.42 1057.92 1050.08 1045.42

Fed Announcements and other Important Info

GDP
[Report][Star]
8:30 AM ET
Chicago PMI
[Report][Bullet
9:45 AM ET

Dennis Lockhart Speaks
10:30 AM ET

Not a huge day for the Fed or anyone releasing economic data, GDP data is already out and has second quarter being revised upward from -1.2% to .7%.  Other advancements have the potential to move the market some of they deviate significantly from the norm.

Todays Pivot, R1 R2 S1 S2

By , 29 September, 2009, No Comment
ESZ9
For 09/29/2009

Symbol R1 R2 Pivot S1 S2
ESZ9 2611.82 3005.83 1823.78 1429.77 641.73

Fed and other important announcements

Redbook
[Bullet
8:55 AM ET

Richard Fisher Speaks
9:50 AM ET

Farm Prices
[Bullet
3:00 PM ET

Charles 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.

YM Emini Trading 09-28-09

By , 28 September, 2009, No Comment

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.

ES Emini Contract Trading for Wednesday

By , 16 September, 2009, No Comment

The Decision Bar software kept me long through some early morning pullbacks, and I was happy to oblige. I considered adding to my positions on some pullbacks, but decided against it. Only had one other notable trade for a 12 tick gain. Interesting day to trade.

Notice how the market never really decided to advance, in a decisive manner, past R2

Todays Pivot and Fed News

By , 16 September, 2009, No Comment

Looks like a full slate of interesting announcements in the next two days. I am particularly interested in the employment data tomorrow. Industrial Production and PPI on tap today as we see how well we are steering through the later stages of this recession.

ES Emini:Daily Pivot S1 S2 R1 R2

By , 15 September, 2009, No Comment
ESZ9
For 09/15/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1054.25 1060.50 1043.50 1037.25 1026.50

Fed Announcements and Other Important Information

Retail Sales
[Report][Star]
8:30 AM ET
Redbook
[Report][Bullet
8:55 AM ET

Ben Bernanke Speaks
10:00 AM ET

Should be a day loaded with all sorts of potential surprises, culminating with Bernanke speaking at 10 a.m.   I would be mindful, early on, of the potential volatility in the market as it digests a wide range of economic data.  Of course, the question on everyone’s mind is a simple one, where are we in this recession?
In the early going, the consumer spending numbers have been pretty positive.

ES Emini for Friday

By , 11 September, 2009, No Comment
ESU9
For 09/11/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1048.00 1054.25 1037.75 1031.50 1021.25

Fed Announcements and other Announcements

Wholesale Trade
[Bullet
10:00 AM ET
Treasury Budget
[Report][djStar]
2:00 PM ET
Should be an interesting day, a few semi-important announcements that have the potential to effect the market.  Of course, you never know what announcement may send the market spinning away.  It didn’t used to be that way….oh, well…
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