PPDT - PP-XLF = 14.78 - 11/17 WEDNESDAY

[ask2lern]

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

XLF

R3 15.40
R2 15.09
R1 14.93

PP 14.78

S1 14.62
S2 14.47
S3 14.16

SPY

R3 122.21
R2 120.31
R1 119.24

PP 118.41

S1 117.34
S2 116.51
S3 114.61

GOLD

R3 1405.00
R2 1374.00
R1 1357.20

PP 1343.00

S1 1326.20
S2 1312.00
S3 1281.00


SILVER

R3 26.62
R2 25.99
R1 25.72

PP 25.36

S1 25.09
S2 24.73
S3 24.10


IMW

R3 73.88
R2 72.35
R1 71.50

PP 70.82

S1 69.97
S2 69.29
S3 67.76



TNA

R3 60.72
R2 57.13
R1 55.10

PP 53.54

S1 51.51
S2 49.95
S3 46.36


TZA

R3 26.76
R2 24.44
R1 23.18

PP 22.12

S1 20.86
S2 19.80
S3 17.48


SDS

R3 28.97
R2 28.13
R1 27.76

PP 27.29

S1 26.92
S2 26.45
S3 25.61

………………………..GLTA

[ask2lern]

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

Indexes hang on 50-day averages
November 17, 2010 Wed 6:19 AM CT


The breakdown of support in the indexes may have seemed dramatic, as it has been quite a while since we had such a sharp down day with such a large range. Relatively speaking, however, the damage is still small compared to the steady advance since the August lows.

Previous support has become resistance, with new support levels for each index. The next big test, if current support levels are broken, will be the 50-day moving averages for each index.

For the Nasdaq 100, the 50-day is at 2052.76. In the case of the S&P 500, it is at 1165.35. And it is at 689.49 for the Russell 2000.

Nasdaq 100 (NDX)

First support is at 2069.45. First resistance is at 2112.09.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $50.79. First resistance is at $51.84.

S&P 500 (SPX)

First support is at 1171.17. First resistance is at 1183.56.

For the Standard & Poor's Depository Receipts (SPY) first support is at $117.21. First resistance is at $118.45.

Russell 2000 (RUT)

First support is at 698.56. First resistance is at 709.71.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $69.90. First resistance is at $71.12.

By: Bryan McCormick

[abdogman]

Good Morning Gang....
Ask thx for the start, nmbrs,and info.....GLTA!!

[ask2lern]

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

Inflation, housing, oil data on slate
November 17, 2010 Wed 6:00 AM CT


MBA Purchase Applications will be the first economic release of the day at 7 a.m. ET. I look only at the mortgage purchases subcomponent of the report because it indicates new activity, as opposed to refinancing. If we are going to see a recovery in housing, it will show up in that data first.

There is no consensus estimate available for this report. Last week purchases came in at 188.7. A reading that is higher or lower than this value by 5 percent or more would be alternately bullish or bearish, respectively.

The Consumer Price Index will be released at 8:30 a.m. ET. Consensus calls for the headline CPI number to come in at up 0.3 percent. Without food and energy included, the core CPI is expected to be up 0.1 percent.

The headline number will be the attention grabber. The range of values expected is flat, or no change, to a mildly inflationary high of 0.5 percent.

Housing Starts will also come out at 8:30 a.m. ET. There is not much of a change forecast from last month's reading of 0.61 million units.

The consensus calls for a drop to 0.6 million units. The range is very small, from a moderately bullish high of 0.63 million units to a bearish low of 0.55 million units.

The EIA Petroleum Status Report will be released at 10:30.m. ET. Before the EIA data comes out, the American Petroleum Institute puts out a competing report based on its own supply data.

The forecast for both reports was a small build of 0.1 million barrels. But the API release, which came out last night after the market closed, showed a very large draw of -7.652 million barrels instead.

If the EIA data confirms a large draw, it could be bullish for crude pricing. If the draw is smaller than -7.652 million barrels, or there is a positive number indicating a build, it could be bearish for oil.

The EIA is a government body, and the API is a private industry group. The two reports do not always agree either in terms of amount or direction.

By: Bryan McCormick

[abdogman]

0700EST MBA Mortgage Applications -14.4% vs +5.8% Prior

[abdogman]

0830EST

October CPI M/M +0.2% vs +0.3% Briefing.com consensus; prior +0.1%

October Core CPI M/M +0.0% vs +0.1% Briefing.com consensus; prior 0.0%

October Housing Starts 519K vs 600K Briefing.com consensus; M/M change -11.7%

October Building Permits 550K vs 570K Briefing.com consensus; M/M change +0.5%

October CPI Y/Y +1.2%; Core CPI Y/Y +0.6%

[abdogman]

back for the open

[clearwaters]

Thanks for all the info, guys! Best of luck today!

[abdogman]

xlf 14.73 on 1m

[abdogman]

macd is + on 1m drn
macd is neg on 1m xlf fas
xlf 14.72 on 1m
fas 22.41 on 1m
drn 46.36 on 1m

[abdogman]

macd is neg on 1m drn as well as 1m xlf and fas
xlf 14.70

[abdogman]

xlf 14.67 on 1m

[abdogman]

xlf 14.71 on 1m

[abdogman]

macd back to + on 1m drn xlf fas
BB's narrowing slowly on above
xlf 14.72
fas 22.40
drn 46.66

alll on 1m

[abdogman]

macd on 1m drn almost at 0/0 from +
drn 46.47
xlf 14.71 ...all on 1m

[kryptos2009]

PPDT - PP-XLF = 14.78 - 11/17 Wednesday


Here is the PP Daily Thread (PPDT) data.


XLF PP=14.78
MP=14.86 R1=14.93 MP=15.01 R2=15.09 MP=15.25 R3=15.40 MP=15.56 R4=15.71
MP=14.70 S1=14.62 MP=14.55 S2=14.47 MP=14.32 S3=14.16 MP=14.01 S4=13.85
O=14.93 H=14.95 L=14.64 C=14.76

FAS PP=22.63
MP=22.95 R1=23.27 MP=23.65 R2=24.03 MP=24.73 R3=25.43 MP=26.13 R4=26.83
MP=22.25 S1=21.87 MP=21.55 S2=21.23 MP=20.53 S3=19.83 MP=19.13 S4=18.43
O=23.39 H=23.4 L=22 C=22.5

FAZ PP=12.04
MP=12.22 R1=12.40 MP=12.56 R2=12.71 MP=13.04 R3=13.38 MP=13.71 R4=14.05
MP=11.89 S1=11.73 MP=11.55 S2=11.37 MP=11.03 S3=10.70 MP=10.36 S4=10.03
O=11.67 H=12.34 L=11.67 C=12.1

SPY PP=118.41
MP=118.83 R1=119.24 MP=119.78 R2=120.31 MP=121.26 R3=122.21 MP=123.16 R4=124.11
MP=117.88 S1=117.34 MP=116.93 S2=116.51 MP=115.56 S3=114.61 MP=113.66 S4=112.71
O=119.29 H=119.49 L=117.59 C=118.16

SPG PP=97.11
MP=97.92 R1=98.73 MP=100.02 R2=101.31 MP=103.41 R3=105.51 MP=107.61 R4=109.71
MP=95.82 S1=94.53 MP=93.72 S2=92.91 MP=90.81 S3=88.71 MP=86.61 S4=84.51
O=99.26 H=99.7 L=95.5 C=96.14

GS PP=165.59
MP=166.05 R1=166.51 MP=167.22 R2=167.93 MP=169.10 R3=170.27 MP=171.44 R4=172.61
MP=164.88 S1=164.17 MP=163.71 S2=163.25 MP=162.08 S3=160.91 MP=159.74 S4=158.57
O=165.8 H=167 L=164.66 C=165.1

JPM PP=39.54
MP=39.79 R1=40.04 MP=40.26 R2=40.47 MP=40.94 R3=41.40 MP=41.87 R4=42.33
MP=39.33 S1=39.11 MP=38.86 S2=38.61 MP=38.15 S3=37.68 MP=37.22 S4=36.75
O=39.74 H=39.97 L=39.04 C=39.61

MS PP=25.70
MP=25.79 R1=25.88 MP=26.01 R2=26.14 MP=26.36 R3=26.58 MP=26.80 R4=27.02
MP=25.57 S1=25.44 MP=25.35 S2=25.26 MP=25.04 S3=24.82 MP=24.60 S4=24.38
O=25.81 H=25.95 L=25.51 C=25.63

C PP=4.23
MP=4.26 R1=4.28 MP=4.31 R2=4.33 MP=4.38 R3=4.43 MP=4.48 R4=4.53
MP=4.21 S1=4.18 MP=4.16 S2=4.13 MP=4.08 S3=4.03 MP=3.98 S4=3.93
O=4.28 H=4.29 L=4.19 C=4.22

VIX PP=22.20
MP=22.83 R1=23.45 MP=23.89 R2=24.32 MP=25.38 R3=26.44 MP=27.50 R4=28.56
MP=21.77 S1=21.33 MP=20.71 S2=20.08 MP=19.02 S3=17.96 MP=16.90 S4=15.84
O=21.26 H=23.07 L=20.95 C=22.58

UUP PP=22.88
MP=22.96 R1=23.03 MP=23.08 R2=23.13 MP=23.26 R3=23.38 MP=23.51 R4=23.63
MP=22.83 S1=22.78 MP=22.71 S2=22.63 MP=22.51 S3=22.38 MP=22.26 S4=22.13
O=22.77 H=22.99 L=22.74 C=22.92

FROM: www.econoday.com

Economic Events & Analysis - 11/17/2010 Wednesday


7:00 AM ET MBA Purchase Applications
8:00 AM ET Eric Rosengren Speaks
8:30 AM ET Consumer Price Index
8:30 AM ET Housing Starts
10:00 AM ET E-Commerce Retail Sales
10:30 AM ET EIA Petroleum Status Report


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.

[abdogman]

macd + on 1m drn xlf fas
xlf 14.725
fas 22.4395
drn 46.91

BB's stopped narrowing

***all on 1m

[abdogman]

xlf 14.75
drn 47.20

[abdogman]

BB's spreading on 1m drn and macd still +
BB's starting to spread on 1m xlf fas and macd +
xlf 1 4.77
fas 22.60
drn 47.50 * all on 1m

[abdogman]

macd neg on 1m drn

[abdogman]

don't know if drn's macd is gonna waffle or what on 1m but......it is back to +

[abdogman]

macd on 1m xlf fas now neg
xlf 14.76
fas 22.57
drn 47.38

all on 1m

[abdogman]

drn's 1m macd is now neg

[brosin]

Morning all, thanks for the info!


$VIX -5% already today. Pretty strong move for the market to be even.

That divergence must close one way or another

[abdogman]

BB's tightening on drn 1m
drn 1m macd neg as well as 1m xlf fas
xlf 14.72
fas 22.42
drn 47.45 all on 1m

[abdogman]

1030EST

* Crude oil inventories had a draw of 7286K (consensus is for no change from last week)
* Gasoline inventories had a draw of 2657K (consensus is a draw of 750K)
* Distillate inventories had a draw of 1110K (consensus is a draw of 2000K)
* The change in refinery utilization was 0.50% (consensus was +0.50%)

[abdogman]

xlf 14.69 on 1m
fas 22.33 on 1m
drn 47.35 on 1m

[ccash04]

V looking good to me all the way back to 80.. Then short, rinse repeat..

[abdogman]

macd is + now on 1m drn and BB's spreading

[abdogman]

macd now + on 1m xlf fas
xlf 14.715
fas 22.39
drn 47.75

all on 1m