|
Post by ask2lern on Dec 17, 2010 7:15:07 GMT -5
Morning Gang!! here are the pivots……….…hope everyone has a great day ………GLTA
SPY
R3 126.81 R2 125.65 R1 125.24
PP 124.49
S1 124.08 S2 123.33 S3 122.17
XLF
R3 15.89 R2 15.70 R1 15.60
PP 15.51
S1 15.41 S2 15.32 S3 15.13
GOLD
R3 1412.77 R2 1391.77 R1 1381.13
PP 1370.77
S1 1360.13 S2 1349.77 S3 1328.77
SILVER
R3 29.87 R2 29.29 R1 29.09
PP 28.71
S1 28.51 S2 28.13 S3 27.55
IMW
R3 79.76 R2 78.65 R1 78.21
PP 77.54
S1 77.10 S2 76.43 S3 75.32
TNA
R3 75.40 R2 72.56 R1 71.47
PP 69.72
S1 68.63 S2 66.88 S3 64.04
TZA
R3 17.75 R2 17.05 R1 16.61
PP 16.35
S1 15.91 S2 15.65 S3 14.95
SDS
R3 25.49 R2 25.02 R1 24.72
PP 24.55
S1 24.25 S2 24.08 S3 23.61
………………………..GLTA
|
|
|
Post by ask2lern on Dec 17, 2010 7:18:19 GMT -5
From www.optionmonster.com ..................................GLTA Indexes could turn on tech reactionDecember 17, 2010 Fri 1:02 AM CT After a rocky start the markets managed to pull off a green day, finishing closer to the highs than to the lows. Index levels didn't change much, however, with the exception of the Russell 2000. The Russell has flipped back to Wednesday morning's levels in a 180-degree turn. What was resistance now becomes support. A great deal may change as we close out the week, based on the market's reaction to earnings results from Oracle and Research In Motion last night. Both stocks were trading higher by more than 4 percent in yesterday's after-market. In moves reminiscent of the wild days of tech trading from the 1990s, RIMM traded sharply higher, lower, and then higher again all within the space of 15 minutes. But remarkably, the Nasdaq 100 Index Tracking Stock (QQQQ) has barely moved. That disjuncture between large stock swings and relative inaction in the indexes continues to be a problem for index-oriented traders. One question to keep in mind is whether RIMM's success is being seen as a problem for Apple. Many traders had expected the BlackBerry maker to disappoint on sales and subscribers, which was not the case. Nasdaq 100 (NDX)First support is at 2202.83, the 10-day moving average. First resistance is at 2239.23, the 2007 peak. For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $54.17. First resistance is at $55.07. S&P 500 (SPX)First support is at 1235.05. First resistance is at 1249.98. For the Standard & Poor's Depository Receipts (SPY) first support is at $124.01. First resistance is at $125.74. Russell 2000 (RUT)First support is at 770.51. First resistance is at 788.69. For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $77.21. First resistance is at $78.28. By: Bryan McCormick
|
|
|
Post by abdogman on Dec 17, 2010 7:43:06 GMT -5
Good Morning Gang .....Ask thx for nmbrs and info ......GLTA!
|
|
|
Post by abdogman on Dec 17, 2010 8:21:33 GMT -5
We Don't Need No Stinking News ....................................cause there is none at 0830
BFTO
|
|
|
Post by ccash04 on Dec 17, 2010 8:58:54 GMT -5
Usually quad witching pretty boring, and typically its a green day.
|
|
|
Post by kryptos2009 on Dec 17, 2010 9:18:13 GMT -5
Here is the PP Daily Thread (PPDT) data. XLF PP=15.51 MP=15.56 R1=15.60 MP=15.65 R2=15.70 MP=15.80 R3=15.89 MP=15.99 R4=16.08 MP=15.46 S1=15.41 MP=15.37 S2=15.32 MP=15.23 S3=15.13 MP=15.04 S4=14.94 O=15.52 H=15.61 L=15.42 C=15.5 FAS PP=25.59 MP=25.79 R1=25.98 MP=26.26 R2=26.54 MP=27.02 R3=27.49 MP=27.97 R4=28.44 MP=25.31 S1=25.03 MP=24.84 S2=24.64 MP=24.17 S3=23.69 MP=23.22 S4=22.74 O=25.75 H=26.15 L=25.2 C=25.42 FAZ PP=10.34 MP=10.46 R1=10.57 MP=10.65 R2=10.72 MP=10.91 R3=11.10 MP=11.29 R4=11.48 MP=10.27 S1=10.19 MP=10.08 S2=9.96 MP=9.77 S3=9.58 MP=9.39 S4=9.20 O=10.29 H=10.5 L=10.12 C=10.41 SPY PP=124.49 MP=124.87 R1=125.24 MP=125.45 R2=125.65 MP=126.23 R3=126.81 MP=127.39 R4=127.97 MP=124.29 S1=124.08 MP=123.71 S2=123.33 MP=122.75 S3=122.17 MP=121.59 S4=121.01 O=124.18 H=124.91 L=123.75 C=124.82 SPG PP=94.99 MP=95.33 R1=95.67 MP=96.16 R2=96.64 MP=97.46 R3=98.29 MP=99.11 R4=99.94 MP=94.51 S1=94.02 MP=93.68 S2=93.34 MP=92.51 S3=91.69 MP=90.86 S4=90.04 O=95.34 H=95.95 L=94.3 C=94.71 GS PP=164.53 MP=165.19 R1=165.84 MP=166.54 R2=167.23 MP=168.58 R3=169.93 MP=171.28 R4=172.63 MP=163.84 S1=163.14 MP=162.49 S2=161.83 MP=160.48 S3=159.13 MP=157.78 S4=156.43 O=165.69 H=165.91 L=163.21 C=164.46 JPM PP=40.17 MP=40.35 R1=40.52 MP=40.78 R2=41.03 MP=41.46 R3=41.89 MP=42.32 R4=42.75 MP=39.92 S1=39.66 MP=39.49 S2=39.31 MP=38.88 S3=38.45 MP=38.02 S4=37.59 O=40.42 H=40.68 L=39.82 C=40.01 MS PP=26.09 MP=26.20 R1=26.30 MP=26.44 R2=26.58 MP=26.83 R3=27.07 MP=27.32 R4=27.56 MP=25.95 S1=25.81 MP=25.71 S2=25.60 MP=25.36 S3=25.11 MP=24.87 S4=24.62 O=26.19 H=26.38 L=25.89 C=26.01 C PP=4.59 MP=4.62 R1=4.65 MP=4.68 R2=4.70 MP=4.76 R3=4.81 MP=4.87 R4=4.92 MP=4.57 S1=4.54 MP=4.51 S2=4.48 MP=4.43 S3=4.37 MP=4.32 S4=4.26 O=4.61 H=4.65 L=4.54 C=4.59 VIX PP=17.51 MP=17.83 R1=18.15 MP=18.53 R2=18.90 MP=19.60 R3=20.29 MP=20.99 R4=21.68 MP=17.14 S1=16.76 MP=16.44 S2=16.12 MP=15.43 S3=14.73 MP=14.04 S4=13.34 O=18.03 H=18.27 L=16.88 C=17.39 UUP PP=23.13 MP=23.15 R1=23.16 MP=23.20 R2=23.24 MP=23.29 R3=23.35 MP=23.40 R4=23.46 MP=23.09 S1=23.05 MP=23.04 S2=23.02 MP=22.96 S3=22.91 MP=22.85 S4=22.80 O=23.11 H=23.2 L=23.09 C=23.09 FROM: www.econoday.comEconomic Events & Analysis - 12/17/2010 Friday10:00 AM ET Leading Indicators 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.
|
|
|
Post by ask2lern on Dec 17, 2010 9:19:53 GMT -5
Usually quad witching pretty boring, and typically its a green day. It seems to me that most Fridays are boring since shortly after the introduction of weeklies..........seems the vol occurs on Thursdays.......................I am probably not going to hang around much today....................looking at OI it looks to me they will close it real close to where it is and just keep it in a tight range to eat the last bit of premium on the 125 calls and the 124 puts.......................I expect a close in between those #'s..............GL
|
|
|
Post by ask2lern on Dec 17, 2010 9:21:08 GMT -5
From twitter LOL..................................GL
DougKass Douglas Kass coming up on the street,com - where i stand - i am getting grey from feeling blue! $$
|
|
|
Post by abdogman on Dec 17, 2010 9:33:36 GMT -5
xlf 15.44 on 1m
|
|
|
Post by abdogman on Dec 17, 2010 9:36:04 GMT -5
macd neg now on iyr drn fas xlf BB's spreading .they are on bottom band
iyr 53.74 drn 48.54 fas 25.22 xlf 15.39
on 1m
|
|
|
Post by deadmoney95 on Dec 17, 2010 9:37:52 GMT -5
Good morning everyone, and thank you.
Carl F:
March S&P E-mini Futures: Today's range estimate for the March '11 contract is 1234-1246. I think the short term trend is still upward. Support remains at 1225 and the 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 market traded slightly lower Thursday morning, extending the pullback to 14 points (1247-1233). Then from a short term oversold condition the market rallied to Wednesday's high at SPX 1244. Checking back over the past five trading days, the SPX has traded that entire time within the OEW 1240 pivot range (1233-1247). Interesting! The short term OEW charts turned positive after today’s push off the lows. While this pullback looks too small for a completed Minor wave pullback, only 14 points and not much of a decline of the daily RSI, this can’t be completely ruled out. Ever since this rally began the pullbacks have been quite shallow: 6, 15, 7 and 14 points. Will need to observe more market activity, especially with options expiration tomorrow, before accepting that probability. Important support remains at the OEW 1222 pivot, with overhead resistance obviously the OEW 1240 pivot range and then the 1261 pivot. Best to your trading!
|
|
|
Post by abdogman on Dec 17, 2010 9:40:22 GMT -5
macd's on 1m iyr drn fas xlf almost back to 0/0 from neg
iyr 53.89 drn 49.00 fas 25.45 xlf 15.455
on 1m
|
|
|
Post by abdogman on Dec 17, 2010 9:43:34 GMT -5
macd on 1m fas xlf is + macd on 1m iyr drn didn't go + and is still neg
xlf 15.47 fas 25.48
on 1m
|
|
|
Post by abdogman on Dec 17, 2010 9:51:22 GMT -5
macd + last 2m's on 1m iyr macd just went + on 1m drn
macd still + on 1m fas xlf
iyr 53.90 drn 49.01 fas 25.54 xlf 15.48
on 1m
|
|
|
Post by ccash04 on Dec 17, 2010 9:52:21 GMT -5
I think people get burned trying to BTFD on MA and V, it falls further. I should say short term.. longer term looks like an excellent opportunity
|
|
|
Post by abdogman on Dec 17, 2010 9:53:06 GMT -5
at 0951EDT Reminder: Leading Indicators due out in ~9 mins at 10:00 ET
|
|
|
Post by Rich on Dec 17, 2010 9:57:23 GMT -5
vix continues lower.....
|
|
|
Post by abdogman on Dec 17, 2010 9:57:29 GMT -5
BB's turning in on xlf fas drn iyr ..... macd still + iyr drn macd just neg on 1m fas xlf
|
|
|
Post by abdogman on Dec 17, 2010 10:00:30 GMT -5
1000EDT November Leading Indicators +1.1% vs +1.2% Briefing.com consensus, prior revised to 0.4% from +0.5%
|
|
|
Post by abdogman on Dec 17, 2010 10:01:16 GMT -5
macd neg on 1m iyr drn fas xlf
iyr 53.82 drn 48.80 fas 25.43 xlf 15.46
on 1m
|
|
|
Post by abdogman on Dec 17, 2010 10:02:41 GMT -5
got this at 0958EDT from Briefing .com Currency Commentary: EU Meeting Ends, Little Decided
The Dollar Index has rallied back above the 80 level. An announcement that the EU ministers had agreed upon a permanent support mechanism for the region caused some selling pressure on the dollar but a lack of details and a five notch downgrade of Ireland by Moody's helped reverse the early trading trend. The 80 level remains a key area for traders as the end of the week approaches.
The euro raced to 1.3360 on the word a permanent measurement had been agreed upon provided a boost but as noted above the lack of clarity and Moody's downgraded caused it to give up gains. The currency is once again trading just above the 1.32 area and continues to show signs of weakness. Market participants were looking for further clarification of the stability fund but details will continue to be debated in the coming months. It would appear that Germany is holding its ground on allowing the current EUR 750 bln package to be expanded and also shot down the idea of a joint bond sale in the region. The only real news to come out of the region the past two days was the ECB expanding its capital base in order to account for a possible Spain bailout and the announcement of a swap facility between the ECB and the BoE. The German IFO survey came in slightly higher than expected and was up month over month but investors continue to view this as a sign of further divergence between Germany and the rest of the EU.
A poor consumer confidence number and the Ireland downgrade has rocked the pound this morning. Sterling has fallen below the key 1.5580-1.5600 level and sets up the 1.55-psyche level and 200 sma (1.5383) as the next key support areas. The BoE announced jointly with the ECB that it would open up swap lines to provide Ireland the ability to access pounds if necessary. In addition, the BoE's Adam Posen made some pretty dovish commentary on inflation, lowering expectations of a rate hike coming anytime soon.
The yen is hanging around the 84 level as it looks for direction. Some headline risk has passed but with quadruple witching and continued light volume it may be a few weeks before a distinctive trend takes place. (FOREX, BONDX)
|
|
|
Post by abdogman on Dec 17, 2010 10:09:19 GMT -5
macd on 1m iyr drn fas xlf + now
|
|
|
Post by abdogman on Dec 17, 2010 10:10:55 GMT -5
BB's narrowing on 1m fas xlf
|
|
|
Post by abdogman on Dec 17, 2010 10:18:20 GMT -5
macd neg on 1m iyr drn fas xlf
iyr 53.90 drn 48.93 fas 25.42 xlf 15.45
on 1m
|
|
|
Post by abdogman on Dec 17, 2010 10:22:04 GMT -5
macd on 1m fas xlf is + macd on 1m iyr drn still neg
|
|
|
Post by abdogman on Dec 17, 2010 10:27:10 GMT -5
macd on 1m iyr drn moving toward 0/0 from neg
|
|
|
Post by abdogman on Dec 17, 2010 10:29:01 GMT -5
eur/usd on 1m getting close to 1.3199
|
|
|
Post by abdogman on Dec 17, 2010 10:31:09 GMT -5
eur/usd on 1m getting close to 1.3199 it's thru on 1m
|
|
|
Post by abdogman on Dec 17, 2010 10:31:57 GMT -5
macd neg on 1m iyr
|
|
|
Post by abdogman on Dec 17, 2010 10:36:03 GMT -5
eur/usd on 1m getting close to 1.3199 it's thru on 1m 5m just confirmed break
|
|