PPDT - PP-XLF = 15.73 - 3/22 Monday

[kryptos2009]

Good Morning Gang!!
Here is the PP Daily Thread (PPDT) data.

XLF PP=15.73
MP=15.78 R1=15.83 MP=15.90 R2=15.97 MP=16.09 R3=16.21 MP=16.33 R4=16.45
MP=15.66 S1=15.59 MP=15.54 S2=15.49 MP=15.37 S3=15.25 MP=15.13 S4=15.01
O=15.84 H=15.87 L=15.63 C=15.69

FAS PP=93.11
MP=93.92 R1=94.72 MP=95.91 R2=97.10 MP=99.10 R3=101.09 MP=103.09 R4=105.08
MP=91.92 S1=90.73 MP=89.93 S2=89.12 MP=87.13 S3=85.13 MP=83.14 S4=81.14
O=95 H=95.49 L=91.5 C=92.34

FAZ PP=14.06
MP=14.24 R1=14.41 MP=14.53 R2=14.64 MP=14.93 R3=15.22 MP=15.51 R4=15.80
MP=13.95 S1=13.83 MP=13.66 S2=13.48 MP=13.19 S3=12.90 MP=12.61 S4=12.32
O=13.8 H=14.3 L=13.72 C=14.17

SPY PP=116.26
MP=116.63 R1=117.00 MP=117.52 R2=118.03 MP=118.92 R3=119.80 MP=120.69 R4=121.57
MP=115.75 S1=115.23 MP=114.86 S2=114.49 MP=113.61 S3=112.72 MP=111.84 S4=110.95
O=116.96 H=117.29 L=115.52 C=115.97

SPG PP=84.20
MP=84.59 R1=84.97 MP=85.68 R2=86.39 MP=87.49 R3=88.58 MP=89.68 R4=90.77
MP=83.49 S1=82.78 MP=82.40 S2=82.01 MP=80.92 S3=79.82 MP=78.73 S4=77.63
O=84.87 H=85.63 L=83.44 C=83.54

GS PP=177.35
MP=178.06 R1=178.76 MP=179.19 R2=179.61 MP=180.74 R3=181.87 MP=183.00 R4=184.13
MP=176.93 S1=176.50 MP=175.80 S2=175.09 MP=173.96 S3=172.83 MP=171.70 S4=170.57
O=178.19 H=178.21 L=175.95 C=177.9

JPM PP=43.49
MP=43.67 R1=43.85 MP=44.05 R2=44.25 MP=44.63 R3=45.01 MP=45.39 R4=45.77
MP=43.29 S1=43.09 MP=42.91 S2=42.73 MP=42.35 S3=41.97 MP=41.59 S4=41.21
O=43.72 H=43.89 L=43.13 C=43.45

MS PP=29.78
MP=29.92 R1=30.06 MP=30.28 R2=30.49 MP=30.85 R3=31.20 MP=31.56 R4=31.91
MP=29.57 S1=29.35 MP=29.21 S2=29.07 MP=28.72 S3=28.36 MP=28.01 S4=27.65
O=30.14 H=30.21 L=29.5 C=29.63

C PP=3.95
MP=3.98 R1=4.00 MP=4.05 R2=4.10 MP=4.18 R3=4.25 MP=4.33 R4=4.40
MP=3.90 S1=3.85 MP=3.83 S2=3.80 MP=3.73 S3=3.65 MP=3.58 S4=3.50
O=4.03 H=4.05 L=3.9 C=3.9

VIX PP=16.91
MP=17.29 R1=17.66 MP=17.99 R2=18.31 MP=19.01 R3=19.71 MP=20.41 R4=21.11
MP=16.59 S1=16.26 MP=15.89 S2=15.51 MP=14.81 S3=14.11 MP=13.41 S4=12.71
O=16.17 H=17.57 L=16.17 C=17

UUP PP=23.70
MP=23.73 R1=23.76 MP=23.79 R2=23.82 MP=23.88 R3=23.94 MP=24.00 R4=24.06
MP=23.67 S1=23.64 MP=23.61 S2=23.58 MP=23.52 S3=23.46 MP=23.40 S4=23.34
O=23.66 H=23.75 L=23.63 C=23.71

FROM: www.econoday.com

Economic Events & Analysis - 3/22/2010 Monday

11:00 AM ET 4-Week Bill Announcement
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction



NOTE:
The previous days OHLC data for todays PPDT was gathered from finance.yahoo.com for each individual stock by a series of webquerys built into a spreadsheet.
The formulas used by the www.mypivots.com website to create the Pivot Points were found in the sites help files.
The formulas were built into the spreadsheet which acts on the previous days OHLC data gathered from Yahoo.
The Pivot Points were created using the formulas from www.mypivots.com but NOT by using the site.
Please let me know if you find any errors in the data.
Use of this data is at your own risk.

[ask2lern]

Hi Gang……here are the metals pivots……………………..

GOLD

R4 1199.11
Mid Point 1184.70
R3 1170.28
Mid Point 1155.87
R2 1141.45
Mid Point 1133.32
R1 1125.18
Mid Point 1118.90

Pivot Point 1112.62

Mid Point 1104.49
S1 1096.35
Mid Point 1090.07
S2 1083.79
Mid Point 1069.38
S3 1054.96
Mid Point 1040.55
S4 1026.13

SILVER

R4 18.51
Mid Point 18.28
R3 18.04
Mid Point 17.81
R2 17.57
Mid Point 17.42
R1 17.27
Mid Point 17.19

Pivot Point 17.10

Mid Point 16.95
S1 16.80
Mid Point 16.72
S2 16.63
Mid Point 16.40
S3 16.16
Mid Point 15.93
S4 15.69

Again $1100 held on Friday……………today should be a good test…………intra day breeches of 1100 may occur but the close above or below that level is key..……my bet is we close above 1100….................GLTA

[ask2lern]

I decided to add IWM pivots for anyone that trades TZA/TNA since I do and do the pivots anyway…………………..if it is just more clutter let me know and I will not post them on this thread…………….GLTA

IWM

R3 69.57
R2 69.04
R1 67.16

PP 67.69

S1 66.87
S2 66.34
S3 65.52


TNA

R3 60.56
R2 57.27
R1 55.25

PP 53.98

S1 51.96
S2 50.69
S3 47.40

TZA

R3 8.14
R2 7.72
R1 7.57

PP 7.30

S1 7.15
S2 6.88
S3 6.46

[doglover]

Good Morning all.

[ukarlewitz]

Morning all

Oscar - short high 1150s, cover high 1130's. ES is now 1147, so no position.

Carl - from last week said he was looking for a correction 1141-47.

Cobra - excellent weekend post. Highly recommend looking at his charts. The second half of March tends to be a loser while the first half tends to be a winner. I posted some of his charts and others plus some of my own under Charts and Chat over the weekend.

Hmm, so all these see weakness, not to mention IT, who are short the planet. That usually doesn't work.

[elle]

contrarian trade trying to get in some low pcx hoping for bounce to gap at open

[ukarlewitz]

Hi Squirrel, Gareth looking at Palm at 3.75. Long, not short. I know, I almost fell out of my seat too.

[ukarlewitz]

On a dump, MCZ might be worth a swing. It's a 0.45 dollar stock that has been bumping into the mid 0.50's.

[ukarlewitz]

MS - on a dump, a 20/50dma necktie at 28.9. Under a falling trend line near 30.3-.5

[ukarlewitz]

Carl - Today's range estimate is again 1145 - 1157. Overnight the e-minis dropped as low as 1146.75, just into the target zone of 1141-47 for the reaction from 1165. I expect the market to begin a move to 1200 this week.

[jack]

Mar 22, 2010 7:41:48 GMT -5 ukarlewitz said:

Hi Squirrel, Gareth looking at Palm at 3.75. Long, not short. I know, I almost fell out of my seat too.

...might consider a new name: "Psalms"

Mornin' Uk & Gang...so much for the reverse psychology notion - nuts!

[merrillstanley]

Brrrrrrrr, it done snowed 8" in "D" this weekend...melted away already, today its gonna be 64 degrees....Bear gonna come out and take a look see <growl>

[abdogman]

Good Morning Gang......Kyrptos thx for nmbrs and ASK for Metals marks ...i will not be posting for a while as i am trying out new settings and studies in ref to FAS/FAZ...when i am reasonably sure that they give acuarate fast moving instruction...i will begin posting ...thx again and GOOD LUCK

[Mikey]

GM all - Euro down big this morning - watching DX for break to new highs - now at $81.0, watching $81.3 for confirmed break

Got out of 1/2 my VXX at $22.8 in pre-market, may short SPG or X on a pop if they go up to fill gap - X is at its 20dma so I expect a bounce up here at the open

I know a lot of us got FAZ in the hi-14 lo-15 range, will be nice to get back in that range - might unload some of that on pops also.

Watching potential longs depending on morning action
GLD/SLV/miners (SLW/PAAS)- if $1,100 holds as Ask says this could be good entry
SQNM - gapfill and 200dma at $4.6
APWR - at $11.7 in premarket
UNG $7.35 - falling knife anyone?
PALM $3.75 - worth watching for squeeze action
FSLR
PCX
ENER
STEC
MVIS

[elle]

inner circle 115.20, trend line 114.35, old circle 114.15

[jack]

Mar 22, 2010 8:26:01 GMT -5 abdogman said:

Good Morning Gang......Kyrptos thx for nmbrs and ASK for Metals marks ...i will not be posting for a while as i am trying out new settings and studies in ref to FAS/FAZ...when i am reasonably sure that they give acuarate fast moving instruction...i will begin posting ...thx again and GOOD LUCK

Dog,

Here's Cash's settings fyi:

ema(5)
BB (20,2)
Time period: One day
Chart style: OHLC
Chart freq: 10mins
Lower indicators:
Momo(12) set at 3 days I'm confused on this one
Stochs Fast
MACD (12,26), ema(9) & divergence

[deadmoney95]

Good morning all. Thanks for the info. Needless to say, this dog's a little nervous this morning. Glad to have all of you here.

[billorites]

Mar 22, 2010 6:28:03 GMT -5 ask2lern said:

I decided to add IWM pivots for anyone that trades TZA/TNA since I do and do the pivots anyway…………………..if it is just more clutter let me know and I will not post them on this thread…………….GLTA

That's very useful to me. Thanks.

[abdogman]

Mar 22, 2010 8:34:13 GMT -5 jack said:

Mar 22, 2010 8:26:01 GMT -5 abdogman said:

Good Morning Gang......Kyrptos thx for nmbrs and ASK for Metals marks ...i will not be posting for a while as i am trying out new settings and studies in ref to FAS/FAZ...when i am reasonably sure that they give acuarate fast moving instruction...i will begin posting ...thx again and GOOD LUCK

Dog,

Here's Cash's settings fyi:

ema(5)
BB (20,2)
Time period: One day
Chart style: OHLC
Chart freq: 10mins
Lower indicators:
Momo(12) set at 3 days I'm confused on this one
Stochs Fast
MACD (12,26), ema(9) & divergence

Jack thx mine are real close to that ......i will let u know for sure

[kingdisco]

.... busted through the 1100 gold lvl. 1096-1098 as congestion.

LOL ASK you jinxed gold.... let's see if we can make it back over 1100

[ukarlewitz]

Carl long 1149.

[ukarlewitz]

GS noticeably weak. Jpm poking above down trend line. Hmm. tick hitting mid 800's. Nice move in Mr Vix. I wonder what Vxx is supposed to be following.

[merrillstanley]

Tally one distribution day for Friday...however we are still in a confirmed uptrend...

[Mikey]

Short SPG $84.02- fully margined

Couldn't resist - just ran into descending 20ma on the 5-min - exactly what I thought would happen at the open, let's see if we fall now that gap has filled on Dow (SPY gap not filled)

[ukarlewitz]

Smh on the move, out of 6 week channel again. Had b/o, then fell back in now out again. Qs strong too. Spy gap filled. tick is goldilocks right now.

[ukarlewitz]

Interesting, Carl out 1155, plus 6 pts. The new Cashfilly. He's not a 30m hold kind of guy. He sees something.

[kingdisco]

joined ths short bus. short ES at 1150. I wonder fill then spill?

crosses fingers and toes.



thanks uka you just scared me with carl being long

[ukarlewitz]

50m in, A:D vol is neutral and issues is 1.7:1 neg, both Ny and Nq.

This is the Terminator market, you can't kill it.

[merrillstanley]

UK, its one of those if you can't beat 'em, join 'em situations...

[elle]

out pcx