PPDT - PP-XLF = 15.57 - 12/10 Friday

[kryptos2009]

Here is the PP Daily Thread (PPDT) data.


XLF PP=15.57
MP=15.64 R1=15.70 MP=15.74 R2=15.77 MP=15.87 R3=15.97 MP=16.07 R4=16.17
MP=15.54 S1=15.50 MP=15.44 S2=15.37 MP=15.27 S3=15.17 MP=15.07 S4=14.97
O=15.53 H=15.65 L=15.45 C=15.62

FAS PP=25.93
MP=26.18 R1=26.43 MP=26.60 R2=26.76 MP=27.17 R3=27.59 MP=28.00 R4=28.42
MP=25.77 S1=25.60 MP=25.35 S2=25.10 MP=24.68 S3=24.27 MP=23.85 S4=23.44
O=25.8 H=26.25 L=25.42 C=26.11

FAZ PP=10.25
MP=10.32 R1=10.39 MP=10.50 R2=10.60 MP=10.78 R3=10.95 MP=11.13 R4=11.30
MP=10.15 S1=10.04 MP=9.97 S2=9.90 MP=9.73 S3=9.55 MP=9.38 S4=9.20
O=10.31 H=10.46 L=10.11 C=10.18

SPY PP=123.64
MP=123.89 R1=124.14 MP=124.33 R2=124.51 MP=124.95 R3=125.38 MP=125.82 R4=126.25
MP=123.46 S1=123.27 MP=123.02 S2=122.77 MP=122.34 S3=121.90 MP=121.47 S4=121.03
O=123.97 H=124.02 L=123.15 C=123.76

SPG PP=99.11
MP=99.49 R1=99.87 MP=100.59 R2=101.31 MP=102.41 R3=103.51 MP=104.61 R4=105.71
MP=98.39 S1=97.67 MP=97.29 S2=96.91 MP=95.81 S3=94.71 MP=93.61 S4=92.51
O=100.25 H=100.55 L=98.35 C=98.43

GS PP=166.65
MP=167.10 R1=167.55 MP=168.10 R2=168.65 MP=169.65 R3=170.65 MP=171.65 R4=172.65
MP=166.10 S1=165.55 MP=165.10 S2=164.65 MP=163.65 S3=162.65 MP=161.65 S4=160.65
O=167 H=167.75 L=165.75 C=166.45

JPM PP=40.83
MP=40.96 R1=41.08 MP=41.22 R2=41.36 MP=41.62 R3=41.89 MP=42.15 R4=42.42
MP=40.69 S1=40.55 MP=40.43 S2=40.30 MP=40.03 S3=39.77 MP=39.50 S4=39.24
O=40.67 H=41.1 L=40.57 C=40.81

MS PP=26.53
MP=26.71 R1=26.89 MP=26.98 R2=27.06 MP=27.33 R3=27.59 MP=27.86 R4=28.12
MP=26.45 S1=26.36 MP=26.18 S2=26.00 MP=25.74 S3=25.47 MP=25.21 S4=24.94
O=26.53 H=26.71 L=26.18 C=26.71

C PP=4.68
MP=4.70 R1=4.72 MP=4.74 R2=4.75 MP=4.79 R3=4.82 MP=4.86 R4=4.89
MP=4.67 S1=4.65 MP=4.63 S2=4.61 MP=4.58 S3=4.54 MP=4.51 S4=4.47
O=4.68 H=4.71 L=4.64 C=4.69

VIX PP=17.44
MP=17.55 R1=17.65 MP=17.85 R2=18.04 MP=18.34 R3=18.64 MP=18.94 R4=19.24
MP=17.25 S1=17.05 MP=16.95 S2=16.84 MP=16.54 S3=16.24 MP=15.94 S4=15.64
O=17.32 H=17.84 L=17.24 C=17.25

UUP PP=23.14
MP=23.17 R1=23.20 MP=23.24 R2=23.28 MP=23.35 R3=23.42 MP=23.49 R4=23.56
MP=23.10 S1=23.06 MP=23.03 S2=23.00 MP=22.93 S3=22.86 MP=22.79 S4=22.72
O=23.11 H=23.22 L=23.08 C=23.12

FROM: www.econoday.com

Economic Events & Analysis - 12/10/2010 Friday


8:30 AM ET International Trade
8:30 AM ET Import and Export Prices
9:55 AM ET Consumer Sentiment
2:00 PM ET Treasury Budget


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.

[ask2lern]

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


GOLD

R3 1410.10
R2 1402.80
R1 1395.40

PP 1388.10

S1 1380.70
S2 1373.40
S3 1366.00


SILVER

R3 29.67
R2 29.34
R1 29.06

PP 28.73

S1 28.45
S2 28.12
S3 27.84


IMW

R3 77.68
R2 77.38
R1 77.08

PP 76.78

S1 76.48
S2 76.18
S3 75.88



TNA

R3 70.16
R2 69.37
R1 68.63

PP 67.84

S1 67.10
S2 66.31
S3 65.57


TZA

R3 17.45
R2 17.26
R1 17.04

PP 16.85

S1 16.63
S2 16.44
S3 16.22


SDS

R3 25.40
R2 25.25
R1 25.04

PP 24.89

S1 24.68
S2 24.53
S3 24.32

………………………..GLTA

[abdogman]

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

[ask2lern]

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

S&P 500 gets a boost from financials
December 10, 2010 Fri 12:18 AM CT


Given the very tight trading range yesterday, index levels did not change a notch other than in Nasdaq 100 support.

Markets traded on either side of unchanged before ending the day up slightly. The Russell 2000 continued its relative outperformance. The S&P 500 bested the Nasdaq 100 in a rare showing, thanks to strength in the banking sector.

In proper perspective the moves were so small that they were nearly insignificant. The action in the underlying stocks themselves was far more exciting.

The failure of the markets to build on that rather wild stock movement is because the wild swings have effectively been canceling one another out. That is leaving the markets in sideways mode or trading so tightly that they appear to be hardly moving at all.

Trading volumes remain light, which is exacerbating issue and allowing the futures to exercise more control over the tape.

Nasdaq 100 (NDX)
First support is at 2173.64, the 10-day moving average. First resistance is at 2215.28.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $53.45. First resistance is at $54.04.

S&P 500 (SPX)
First support is at 1207.43. First resistance is at 1235.05.

For the Standard & Poor's Depository Receipts (SPY) first support is at $121.05. First resistance is at $124.01.

Russell 2000 (RUT)
First support is at 745.95. First resistance is at 770.51.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $74.66. First resistance is at $77.21.

By: Bryan McCormick

[ask2lern]

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

Consumer sentiment leads calendar
December 10, 2010 Fri 12:12 AM CT


As we close out the week, there will be some important reports in the morning. The key release is likely to be the first take on consumer sentiment for December.

Import and Export will be the first report of the morning at 8:30 a.m. ET. Export prices are expected to have risen by 0.6 percent, while import prices are seen as rising faster by 0.9 percent.

This would have a moderately inflationary bias, in that Americans would be importing the inflation. If exports rise at a faster rate than imports, that would be moderately deflationary.

International Trade will also be be released at 8:30 a.m. ET, with a consensus estimate calling for a deficit of -$43.6 billion. The range is from a slightly bearish -$45.5 billion to a more bullish -$39.5 billion.

The Reuters/University of Michigan Consumer Sentiment Index comes out at 9:55 a.m. ET. The headline number is expected to rise to 72.5. The range is wide, from a bearish 68.5 to a bullish 76.5.

Future expectations is one component of the report that traders follow closely as a leading indicator of consumer spending. When future sentiment is higher, the thinking goes, people are more likely to spend now.

The forecast for this component of the report is 66.4, an increase from the previous reading of 64.8. The range of expectations is wide, from a bearish 63 to a bullish 67.3.

The Treasury Budget is released at 2 p.m. ET. At this stage no one is likely to be shocked by the deficits, which are expected in the neighborhood of -$140 billion.



By: Bryan McCormick



Also market will have to do it on its own today NO POMO

The next release of the approximate purchase amount and tentative outright Treasury operation schedule will be at 2 p.m. on December 10, 2010. ...................................Watch this as it could move mkts IMO

[abdogman]

Thx Ask and Exalt 'cause u are the nice Man!

[abdogman]

0830EST

November Import Prices ex-oil +0.8%, October +0.3%

October Trade Balance -$38.7 bln vs -$44.5 bln Briefing.com consensus; September revised to -$44.6 bln from -$44.0 bln

November Export Prices ex-ag +0.8%, October +0.7%

[abdogman]

E~mini index futures see muted reaction to premarket econ. data

Price still holding near session highs. (Note all active contracts now are represented by the March (H) expiration)

Mar. ES now @ 1232.50 +4.50


**above info at 0832

***back for the open !

[ask2lern]

From stocktwits..................GLTA

ukarlewitz
$SPY Breadth divergence watch out: The rising tide isn't lifting all boats goo.gl/7G7Jf

Dec. 10 at 8:00 AM

[deadmoney95]

Good morning everyone.

Carl F:

March S&P E-mini Futures: Today's range estimate for the March '11 contract is 1225-1238. I think the short term trend is still upward. Next upside target is 1250 which is strong resistance. I think a drop of 50-75 points is imminent. Once it is complete the market will resume its advance to 1300.

Caldaro:

The gap up opening Thursday morning pushed the SPX right back to the uptrend high at 1235. This could have completed Minor wave 1 of Intermediate wave five, noted as a possibility yesterday with the very short term chart. The market would need to pullback about 15 points, more or less, to confirm a Minor wave 2 is underway. Noticed it was a quiet trading day in the ES pits. the volume looks even lower than monday. It appears holiday trading is already upon us. Nevertheless, the market closed around the uptrend high with a series of declining highs in short term momentum. Support remains at the OEW 1222 pivot and the SPX 1207 breakout level. Overhead resistance is naturally the OEW 1240 pivot. Best to your trading!

[abdogman]

macd + on 1m iyr drn fas xlf
iyr 54.47
drn 50.82
fas 26.34
xlf 15.68

on 1m

[abdogman]

iyr 54.30
drn 50.44
fas 26.28
xlf 15.659

on 1m

[abdogman]

macd neg last 5 m's on 1m
macd waffling on 1m fas
macd now neg on iyr and nearing 0/0 on drn
iyr 54.34
drn 50.64
fas 26.23
xlf 15.645

on 1m

[abdogman]

BB's narrowing on 1m iyr drn fas xlf ..............nearing 0955 release

[Rich]

that's what I'm waiting on, big dog.

[ccash04]

No volume, so muted selling right?

[abdogman]

0955EST

November University of Michigan Sentiment-prelim 74.2 vs 72.5 Briefing.com consensus; November 71.6

[abdogman]

macd waffling on xlf and rolling over toward 0 from + on iyr drn and fas just went neg on 1m

[abdogman]

iyr 54.42
drn 50.73
fas 26.24
xlf 15.63

on 1m

[abdogman]

macd neg now on 1m iyr drn fas xlf

[abdogman]

aud/jpy on 1m is not working like it used to against xlf and fas

[abdogman]

Dec 10, 2010 10:02:48 GMT -5 abdogman said:

aud/jpy on 1m is not working like it used to against xlf and fas

maybe its working better with more of a lead .....have to watch it !!

[abdogman]

iyr 54.30
drn 50.42
fas 26.10
xlf 15.61

on 1m
all macd's on 1m of above are neg

[abdogman]

****MY TOS CHARTS STOPPED RUNNING AT 0955** ONLY AFFECTED THE REMARKS ABOVE IN REF TO AUD/JPY *****

[abdogman]

my other charts are on TDA's Prophet charts and they were and are correct !!

[abdogman]

macd's on 1m iyr drn fas and xlf are neg
iyr 54.29
drn 50.40
fas 26.03
xlf 15.59

on 1m

[abdogman]

***my TDA TOS charts are back up now *****

[abdogman]

UUP 23.18 on 1m

[abdogman]

macd just + on 1m iyr drn
macd nearing 0/0 from neg on 1m fas xlf

[abdogman]

BB's narrowing on iyr drn fas xlf on 1m
macd + on above
iyr 54.33
drn 50.51
fas 26.11
xlf 15.605

on 1m