PPDT - PP-XLF = 15.19 - 11/12 Friday

[kryptos2009]

Here is the PP Daily Thread (PPDT) data.


XLF PP=15.19
MP=15.23 R1=15.26 MP=15.30 R2=15.34 MP=15.41 R3=15.49 MP=15.56 R4=15.64
MP=15.15 S1=15.11 MP=15.08 S2=15.04 MP=14.96 S3=14.89 MP=14.81 S4=14.74
O=15.19 H=15.26 L=15.11 C=15.19

FAS PP=24.69
MP=24.88 R1=25.06 MP=25.25 R2=25.43 MP=25.80 R3=26.17 MP=26.54 R4=26.91
MP=24.51 S1=24.32 MP=24.14 S2=23.95 MP=23.58 S3=23.21 MP=22.84 S4=22.47
O=24.67 H=25.06 L=24.32 C=24.69

FAZ PP=11.09
MP=11.17 R1=11.24 MP=11.33 R2=11.41 MP=11.57 R3=11.73 MP=11.89 R4=12.05
MP=11.01 S1=10.92 MP=10.85 S2=10.77 MP=10.61 S3=10.45 MP=10.29 S4=10.13
O=11.11 H=11.25 L=10.93 C=11.08

SPY PP=121.38
MP=121.73 R1=122.08 MP=122.30 R2=122.52 MP=123.09 R3=123.66 MP=124.23 R4=124.80
MP=121.16 S1=120.94 MP=120.59 S2=120.24 MP=119.67 S3=119.10 MP=118.53 S4=117.96
O=121.05 H=121.82 L=120.68 C=121.64

SPG PP=101.79
MP=102.24 R1=102.69 MP=103.30 R2=103.91 MP=104.97 R3=106.03 MP=107.09 R4=108.15
MP=101.18 S1=100.57 MP=100.12 S2=99.67 MP=98.61 S3=97.55 MP=96.49 S4=95.43
O=102.54 H=103.02 L=100.9 C=101.46

GS PP=167.46
MP=168.30 R1=169.14 MP=169.85 R2=170.56 MP=172.11 R3=173.66 MP=175.21 R4=176.76
MP=166.75 S1=166.04 MP=165.20 S2=164.36 MP=162.81 S3=161.26 MP=159.71 S4=158.16
O=165.79 H=168.89 L=165.79 C=167.71

JPM PP=40.10
MP=40.23 R1=40.36 MP=40.53 R2=40.69 MP=40.99 R3=41.28 MP=41.58 R4=41.87
MP=39.94 S1=39.77 MP=39.64 S2=39.51 MP=39.22 S3=38.92 MP=38.63 S4=38.33
O=40.27 H=40.44 L=39.85 C=40.02

MS PP=26.39
MP=26.52 R1=26.65 MP=26.83 R2=27.00 MP=27.30 R3=27.61 MP=27.91 R4=28.22
MP=26.22 S1=26.04 MP=25.91 S2=25.78 MP=25.47 S3=25.17 MP=24.86 S4=24.56
O=26.38 H=26.73 L=26.12 C=26.31

C PP=4.37
MP=4.39 R1=4.40 MP=4.42 R2=4.43 MP=4.46 R3=4.49 MP=4.52 R4=4.55
MP=4.36 S1=4.34 MP=4.33 S2=4.31 MP=4.28 S3=4.25 MP=4.22 S4=4.19
O=4.38 H=4.41 L=4.35 C=4.36

VIX PP=18.96
MP=19.20 R1=19.43 MP=19.83 R2=20.23 MP=20.86 R3=21.50 MP=22.13 R4=22.77
MP=18.56 S1=18.16 MP=17.93 S2=17.69 MP=17.05 S3=16.42 MP=15.78 S4=15.15
O=19.44 H=19.75 L=18.48 C=18.64

UUP PP=22.62
MP=22.66 R1=22.69 MP=22.72 R2=22.74 MP=22.80 R3=22.86 MP=22.92 R4=22.98
MP=22.60 S1=22.57 MP=22.54 S2=22.50 MP=22.44 S3=22.38 MP=22.32 S4=22.26
O=22.55 H=22.67 L=22.55 C=22.64

FROM: www.econoday.com

Economic Events & Analysis - 11/12/2010 Friday


9:55 AM ET Consumer Sentiment
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply


Additional World wide Economic Calendar information can be found at the following website.
worldeconomiccalendar.com/

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.

[elle]

good morning

(jk, I not really here, saw China, the futures - looks like I'll be trapped over the w/e anyway, and decided to just sleep in)

Hope you all have a better morning...

[ask2lern]

Thanks Krypto…………
Morning Gang!! ……here are the pivots……….…hope everyone has a great day ………GLTA



GOLD

R3 1436.90
R2 1421.50
R1 1415.70

PP 1406.10

S1 1400.30
S2 1390.70
S3 1375.30


SILVER

R3 29.23
R2 28.35
R1 28.02

PP 27.47

S1 27.14
S2 26.59
S3 25.71


IMW

R3 75.24
R2 74.16
R1 73.71

PP 73.08

S1 72.63
S2 72.00
S3 70.92



TNA

R3 64.13
R2 61.53
R1 60.43

PP 58.93

S1 57.83
S2 56.33
S3 53.73


TZA

R3 21.60
R2 20.75
R1 20.26

PP 19.90

S1 19.41
S2 19.05
S3 18.20


SDS

R3 26.94
R2 26.47
R1 26.18

PP 26.00

S1 25.71
S2 25.53
S3 25.06

………………………..GLTA

[ask2lern]

From www.optionmonster.com .................................GLTA

Once again, the indexes flatten out
November 12, 2010 Fri 6:21 AM CT


While we did see some deeper downside action at the start of yesterday's session, the familiar flattening effect of late managed to moderate losses.

What appeared a certain and bad break of support ended closer to the highs of the day and roughly in the middle of existing support and resistance. The Nasdaq 100 ended closer to support, but not by much.

There are no changes to levels once again as a result. Not even a late-day leak of Disney's earnings report, which was initially taken poorly by traders, did much to dampen the tape.

Nasdaq 100 (NDX)

First support is at 2165.57. First resistance is at 2193.66.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $53.14. First resistance is at $53.86.

S&P 500 (SPX)

First support is at 1207.51, the 10-day moving average. First resistance is at 1233.81.

For the Standard and Poor's Depository Receipts (SPY) first support is at $120.93, the 10-day moving average. First resistance is at $123.83.

Russell 2000 (RUT)

First support is at 719.70. First resistance is at 738.63.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $72.10. First resistance is at $73.93.

By: Bryan McCormick

[ask2lern]

From www.optionmonster.com ...........................GLTA

Consumer sentiment revision on tap
November 12, 2010 Fri 6:10 AM CT


There is just one report today, but it is an important one. The second reading for November of the Reuters/University of Michigan Consumer Sentiment Index will be released at 9:55 a.m. ET.
The consensus estimate for the headline number is 69, a slight improvement from the initial November reading of 67.7. Individual analyst expectations range from a moderately bearish 68 at the low to a bullish 70.5 at the high.

A reading below 68 would likely be seen as bearish, while a reading above 70.5 would be very bullish.


By: Bryan McCormick

[abdogman]

Good Morning Gang .....Kryptos and Ask thx for nmbrs and info ......GLTA!!

back for the open

[deadmoney95]

Man, futures got ugly overnight. I saw S&P down nearly 15 at one point.

Carl F pushed the lower end of his range on this drop even lower:

December S&P E-mini Futures: Today's range estimate is 1196-1209. I think a drop to 1187-90 or so is underway. Once it is complete the march to 1300 will resume.

Caldaro:

SHORT TERM: market retests Wednesday's low, DOW -74

Overnight (Wednesday night) the Asian markets were mostly higher. Europe opened higher but closed mixed. US index futures were lower overnight and the market gapped down at the open to SPX 1210. It had closed at SPX 1219 yesterday. Within the first few minutes the market retested wednesday’s low at SPX 1204, displayed a positive divergence, and began to rally. Around 10:30 the SPX hit 1211, pulled back to 1207 by 11:30, and then moved higher. At 2:30 the SPX hit 1215, the high for the day, then pulled back in the last hour to 1211 before closing at 1214.

For the day the SPX/DOW were -0.55%, and the NDX/NAZ were -0.80%. Bonds were down 9 ticks, Crude slipped 10 cents, Gold gained $9.00, and the USD was higher. Support for the SPX remains at 1187 and then 1176, with resistance at 1222 and then 1240. Short term momentum displayed a positive divergence this morning and rose for the rest of the day. Tomorrow, UofM consumer sentment at 10:00, also speeches by FED governor Tarullo at 8:30 and then FED governor Raskin at 4:30. Friday is also the first FED purchase day under QE 0.6.

Today’s early morning pullback satisfied the potential ABC Minor wave 4 scenario we posted yesterday. And, as expected it also displayed a positive divergence at the lows. We have posted a tentative green label for Minor wave 4 at the SPX 1204 low. Short term OEW charts still remain on the negative side. Minor wave 4 may still have some work to do before Minor wave 5 gets underway. Support remains at 1204, 1200, 1196 and then the OEW 1187 pivot. Should the SPX clear resistance at the OEW 1222 pivot the pullback is likely over. Best to your trading on the first POMO day under QE 0.6.

[ccash04]

I agree with what Carl is saying, I think the market is still tougher than people think, China was down over 5% and we could easily be w/all this bad news, still support around 1200 and POMO, also the USD got punished this morning.

[abdogman]

xlf 15.10 on 1m

[abdogman]

macd now + on 1m xlf fas and has been on drn on 1m
xlf 15.12 on 1m

[abdogman]

xlf 15.14 on 1m

[abdogman]

BB's narrowing on 1m xlf fas faz drn
xlf 15.12 on 1m
macd + on 1m xlf fas
macd neg on 1m drn

[abdogman]

macd + now on 1m drn as well as 1m xlf fas
xlf 15.14 on 1m
BB's still narrow on 1m xlf fas

[abdogman]

xlf 15.15 on 1m

[abdogman]

macd neg now on 1m xlf fas .....macd + on 1m drn
xlf 15.125 on 1m

[brosin]

Morning and thanks everyone for the info

Nov 12, 2010 9:17:58 GMT -5 ccash04 said:

I agree with what Carl is saying, I think the market is still tougher than people think, China was down over 5% and we could easily be w/all this bad news, still support around 1200 and POMO, also the USD got punished this morning.

I wonder if it is tougher than people think, or whether it is just trying to give that false impression.

I remember in late April, the term that occasionally came to my mind was 'smoke and mirrors.' Starting to come to mind more often the past few days - but I'm relatively bearish, so

[abdogman]

low volume on drn ...worse than usual...

macd waffling last 15-20 mins on 1m xlf fas
macd has stayed + on 1m drn over the same time frame

xlf 15.12 on 1m
fas 24.33 on 1m
sen 54.58 on 1m

[abdogman]

macd neg now on 1m xlf fas drn
xlf 15.10 on 1m

[abdogman]

Bb's spreading on 1m xlf fas faz drn
xlf fas drn on 1m on lower band
xlf 15.085 on 1m

[abdogman]

xlf 15.06 on 1m
fas 24.05 on 1m
drn 54.00 on 1m

[abdogman]

xlf 15.02 on 1m
fas 23.89 on 1m
drn 53.47 on 1m

[elle]

hey, this ain't so bad

I just broke my cheapest trade ever (and for me that's saying something) - won't be able to break it again. $1 calls on CSCO

[elle]

wait, obviously, I meant .01

[elle]

I'm like a carp (ask will get this)

[abdogman]

macd on 1m xlf fas now +
xlf 15.05 on 1m

[abdogman]

Nov 12, 2010 10:42:57 GMT -5 elle said:

I'm like a carp (ask will get this)

Bottom Feeder?

[abdogman]

macd + now on 1m drn
drn 53.7772 on 1m

[abdogman]

Bb's narrowing on 1m xlf fas and drn
macd's rolling over to 0 on above
xlf 15.03 on 1m

[elle]

t/l from 10/03 at lod, C mid pt there (2 C back is 1195) F mid pt also there

1201

[elle]

oops, waiting for 60' close candle