|
Post by ask2lern on Dec 21, 2010 6:47:12 GMT -5
HAPPY WINTER!!
Morning Gang!! here are the pivots……….…hope everyone has a great day ………GLTA
XLF
R3 15.76 R2 15.65 R1 15.60
PP 15.54
S1 15.49 S2 15.43 S3 15.32
SPY
R3 126.33 R2 125.41 R1 125.01
PP 124.49
S1 124.09 S2 123.57 S3 122.65
GOLD
R3 1409.93 R2 1396.73 R1 1391.77
PP 1383.53
S1 1378.57 S2 1370.33 S3 1357.13
SILVER
R3 30.79 R2 30.01 R1 29.69
PP 29.23
S1 28.91 S2 28.45 S3 27.67
IWM
R3 80.12 R2 79.24 R1 78.78
PP 77.36
S1 77.90 S2 77.48 S3 76.60
TNA
R3 76.62 R2 74.28 R1 73.10
PP 71.94
S1 70.76 S2 69.60 S3 67.26
TZA
R3 16.87 R2 16.34 R1 16.07
PP 15.81
S1 15.54 S2 15.28 S3 14.75
SDS
R3 25.02 R2 24.65 R1 24.45
PP 24.28
S1 24.08 S2 23.91 S3 23.54
………………………..GLTA
|
|
|
Post by ask2lern on Dec 21, 2010 6:49:02 GMT -5
From www.optionmonster.com .......................................GL Late-day selloff leaves indexes flatDecember 21, 2010 Tue 3:21 AM CT The flattening effect continued to assert itself yesterday, with the indexes ending not far from where they had closed on Friday. The positive earnings news from Adobe and Jabil Circuit may help the Nasdaq 100 today. So far though, good or bad news has been difficult for either bulls or bears to make stick. The S&P 500 briefly edged above resistance yesterday, but that move did not hold. The Russell 2000 moved closer to resistance. Levels have not changed significantly as a result of the end-of-day selloff. Volume is already at holiday levels. Nasdaq 100 (NDX)First support is at 2208.87, 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 $54.31. 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 ask2lern on Dec 21, 2010 6:50:43 GMT -5
From www.optionmonster.com ................................GLTA Key retail reports dominate calendarDecember 21, 2010 Tue 3:14 AM CT There are just two reports scheduled for release today, the ICSC/Goldman Store Sales and Redbook Store Sales numbers. As a reminder, this back-loaded week will see a lot more reports than usual tomorrow and Thursday. The big report of the day for tomorrow will be GDP. The ICSC/Goldman Store Sales report will be released at 7:45 a.m. ET. There are two parts to the report, the week-over-week and the year-over-year changes. Most traders focus on the year-over-year number because it is a better indicator of the longer-term trend. The last week-over-week reading came in at 0.8 percent. The year-over-year change was 3.1 percent. Stronger-than-expected positive numbers would be seen as bullish, while negative numbers would be bearish. Redbook Store Sales will be reported at 8:55 a.m. ET. As with the ICSC-Goldman report, there are two components to watch. One is the more volatile month-over-month comparison, and the other is the year-over-year change, which shows the broader trend best. The last month-over-month change was -0.1 percent. The previous year-over-year number came in at 2.5 percent. Negative numbers in either series would be bearish. (By: Bryan McCormick
|
|
|
Post by abdogman on Dec 21, 2010 7:59:03 GMT -5
Good Morning Gang.......Ask ,thx for nmbrss and info ......GLTA....BFTO!
|
|
|
Post by deadmoney95 on Dec 21, 2010 9:26:33 GMT -5
Morning everyone. A little reading:
Carl F:
March S&P E-mini Futures: Today's range estimate is 1242-1252. Support remains at 1225 and 1250 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:
Right after the open Monday morning the SPX cleared the OEW 1240 pivot range when it hit 1248. A pullback followed to SPX 1242 and then the market started making new bull market highs. It appears Minor wave 1 ended at SPX 1247, and Minor wave 2 at SPX 1233. Intermediate wave five, barring an irregular Minor wave 2, should now be in Minor wave 3 with the next target the OEW 1261 pivot, and then the OEW 1291 pivot. The post-FOMC meeting pullback lasted two days and was only 14 SPX points. This is similar to the action after the Sept. 21st FOMC meeting. Then the market completed Minor wave 1 of Intermediate wave three at SPX 1149, pulled back to SPX 1123 in two days, and then started Minor wave 3. Best to your trading, shopping, and holidays!
Federal Funds Rate is 0.21
|
|
|
Post by abdogman on Dec 21, 2010 9:33:36 GMT -5
xlf 15.64 on 1m
|
|
|
Post by abdogman on Dec 21, 2010 9:36:50 GMT -5
macd + on 1m iyr drn fas xlf
iyr 55.05 drn 52.34 fas 26.29 xlf 15.641
on 1m
|
|
|
Post by abdogman on Dec 21, 2010 9:41:57 GMT -5
macd on 1m drn is neg now and iyr moving toward 0/0 macd on xlf fas still +
|
|
|
Post by abdogman on Dec 21, 2010 9:46:24 GMT -5
macd neg last 5m's on 1m drn and last 4m's on 1m iyr
macd neg now on 1m xlf
iyr 55.06 drn 52.35 fas 26.39 xlf 15.66
|
|
|
Post by abdogman on Dec 21, 2010 9:53:08 GMT -5
macd still neg on 1m iyr drn macd still + on 1m fas macd waffling on 1m xlf
iyr drn on 1m sideways PPs xlf 15.69 fas 26.52
on 1m
|
|
|
Post by abdogman on Dec 21, 2010 10:04:24 GMT -5
macd neg on 1m iyr drn fas xlf
iyr 54.94 drn 52.08 fas 26.42 xlf 15.68
on 1m
|
|
|
Post by abdogman on Dec 21, 2010 10:13:52 GMT -5
Bb's narrowing on 1m iyr drn fas xlf macd appx 0/0 on 1m iyr drn macd neg on 1m fas xlf
|
|
|
Post by abdogman on Dec 21, 2010 10:20:16 GMT -5
macd + on 1m iyr drn fas and xlf Bb's spreading on 1m iyr fas xlf ,they are on top band
iyr 55.01 drn 52.14 fas 26.51 xlf 15.70
on 1m
|
|
|
Post by kryptos2009 on Dec 21, 2010 10:22:40 GMT -5
Here is the PP Daily Thread (PPDT) data. XLF PP=15.54 MP=15.57 R1=15.60 MP=15.63 R2=15.65 MP=15.71 R3=15.76 MP=15.82 R4=15.87 MP=15.52 S1=15.49 MP=15.46 S2=15.43 MP=15.38 S3=15.32 MP=15.27 S4=15.21 O=15.56 H=15.6 L=15.49 C=15.54 FAS PP=25.85 MP=25.98 R1=26.10 MP=26.21 R2=26.32 MP=26.56 R3=26.79 MP=27.03 R4=27.26 MP=25.74 S1=25.63 MP=25.51 S2=25.38 MP=25.15 S3=24.91 MP=24.68 S4=24.44 O=25.94 H=26.08 L=25.61 C=25.87 FAZ PP=10.23 MP=10.28 R1=10.32 MP=10.37 R2=10.42 MP=10.52 R3=10.61 MP=10.71 R4=10.80 MP=10.18 S1=10.13 MP=10.09 S2=10.04 MP=9.95 S3=9.85 MP=9.76 S4=9.66 O=10.2 H=10.33 L=10.14 C=10.22 SPY PP=124.49 MP=124.75 R1=125.01 MP=125.21 R2=125.41 MP=125.87 R3=126.33 MP=126.79 R4=127.25 MP=124.29 S1=124.09 MP=123.83 S2=123.57 MP=123.11 S3=122.65 MP=122.19 S4=121.73 O=124.64 H=124.9 L=123.98 C=124.6 SPG PP=96.44 MP=96.98 R1=97.51 MP=97.83 R2=98.14 MP=98.99 R3=99.84 MP=100.69 R4=101.54 MP=96.13 S1=95.81 MP=95.28 S2=94.74 MP=93.89 S3=93.04 MP=92.19 S4=91.34 O=95.43 H=97.06 L=95.36 C=96.89 GS PP=165.53 MP=166.48 R1=167.42 MP=168.10 R2=168.78 MP=170.41 R3=172.03 MP=173.66 R4=175.28 MP=164.85 S1=164.17 MP=163.23 S2=162.28 MP=160.66 S3=159.03 MP=157.41 S4=155.78 O=163.74 H=166.9 L=163.65 C=166.05 JPM PP=39.97 MP=40.11 R1=40.25 MP=40.40 R2=40.55 MP=40.84 R3=41.13 MP=41.42 R4=41.71 MP=39.82 S1=39.67 MP=39.53 S2=39.39 MP=39.10 S3=38.81 MP=38.52 S4=38.23 O=39.83 H=40.27 L=39.69 C=39.95 MS PP=26.27 MP=26.33 R1=26.39 MP=26.46 R2=26.52 MP=26.65 R3=26.77 MP=26.90 R4=27.02 MP=26.21 S1=26.14 MP=26.08 S2=26.02 MP=25.90 S3=25.77 MP=25.65 S4=25.52 O=26.27 H=26.4 L=26.15 C=26.26 C PP=4.71 MP=4.73 R1=4.74 MP=4.76 R2=4.78 MP=4.81 R3=4.85 MP=4.88 R4=4.92 MP=4.69 S1=4.67 MP=4.66 S2=4.64 MP=4.60 S3=4.57 MP=4.53 S4=4.50 O=4.73 H=4.74 L=4.67 C=4.71 VIX PP=16.35 MP=16.64 R1=16.92 MP=17.18 R2=17.43 MP=17.97 R3=18.51 MP=19.05 R4=19.59 MP=16.10 S1=15.84 MP=15.56 S2=15.27 MP=14.73 S3=14.19 MP=13.65 S4=13.11 O=16.22 H=16.86 L=15.78 C=16.41 UUP PP=23.24 MP=23.27 R1=23.29 MP=23.32 R2=23.35 MP=23.40 R3=23.46 MP=23.51 R4=23.57 MP=23.21 S1=23.18 MP=23.16 S2=23.13 MP=23.07 S3=23.02 MP=22.96 S4=22.91 O=23.2 H=23.29 L=23.18 C=23.24 FROM: www.econoday.comEconomic Events & Analysis - 12/21/2010 Tuesday7:45 AM ET ICSC-Goldman Store Sales 8:55 AM ET Redbook 11:30 AM ET 4-Week Bill Auction 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 abdogman on Dec 21, 2010 10:23:31 GMT -5
iyr 55.11 drn 52.39 fas 26.588 xlf 15.72
on 1m
|
|
|
Post by Rich on Dec 21, 2010 10:24:44 GMT -5
transports finally green....
|
|
|
Post by abdogman on Dec 21, 2010 10:37:17 GMT -5
macd neg now on 1m iyr fas xlf .....1m drn moving toward 0/0 from + BB's narrowing on 1m xlf fas and slightly on iyr
iyr 55.10 drn 52.46 fas 26.59 xlf 15.715
on 1m
|
|
|
Post by deadmoney95 on Dec 21, 2010 10:37:26 GMT -5
Carl F update: 3.bp.blogspot.com/_sL6ril9lDkw/TRDGCRNrw6I/AAAAAAAACeQ/M9RVkgXO3qM/s1600/101221%2B1020%2Bam.jpgHere is a 30 minute bar chart showing the past two weeks of day session e-mini trading. I think the 1253 level is strong resistance because the March 2008 low was 1253 and was followed by a 200 point rally in the S&P. This chart illustrates two other reasons for expecting resistance at 1253. First, the upper channel line of the rising, green dash trend channel I have drawn now stands at 1252. Secondly, a rally from the December 16 low which matches the size of the rally from the December 8 low (blue dash rectangles) would stop at 1256. So these shorter term calculations also suggest a top near 1253. I think the drop from 1253 will be 20-25 points and that it will be followed by another rally to or a little above that top. But I also think that a drop of 50-75 points from the 1250-60 zone will start in January. The S&P is likely to trade above the 1300 level by the beginning of April.
|
|
|
Post by Rich on Dec 21, 2010 10:37:40 GMT -5
long bidu.....
anybody have any dramamine?
|
|
|
Post by cosmic on Dec 21, 2010 10:50:17 GMT -5
lol Rich - I know that feeling. I'm still holding the X puts.
Ok, did a SQNM transaction. Bought 6000 @ 7.24, sold the Jan 22 7.50's for .36.
|
|
|
Post by abdogman on Dec 21, 2010 11:09:36 GMT -5
macd + on 1m iyr drn macd neg on 1m fas xlf
iyr 55.14 drn 52.58 fas 26.63 xlf 15.73
on 1m
|
|
|
Post by cosmic on Dec 21, 2010 11:18:00 GMT -5
Sold X Puts for around 10% gain.
|
|
|
Post by Rich on Dec 21, 2010 11:22:11 GMT -5
nice trading, you're probably the only person to make money on the short side.
|
|
|
Post by cosmic on Dec 21, 2010 11:23:22 GMT -5
It looks like I avoided a trainwreck with that position. Those puts are back to 2.08. I bought them at 2.00. I wish I'd sold them at 2.40 lol.
|
|
|
Post by Rich on Dec 21, 2010 11:29:14 GMT -5
yes, no more shorting allowed until it turns
watch clinton for clues ;D
|
|
|
Post by abdogman on Dec 21, 2010 11:31:04 GMT -5
macd + on 1m iyr drn fas xlf
iyr 55.20 drn 52.65 fas 26.64 xlf 15.725
on 1m
|
|
|
Post by Rich on Dec 21, 2010 11:32:04 GMT -5
you gotta like the iyr here
|
|
|
Post by abdogman on Dec 21, 2010 11:38:12 GMT -5
Doing Dogs and Lunch ......back as usual ....GLTA!!
|
|
|
Post by ask2lern on Dec 21, 2010 12:03:23 GMT -5
A video on the VIX discussing trades and tomorrow VIX expiration..............VIX go KABOOOOOOOOOOOOOMMMMMMM then? ? ;D.........GL
|
|
|
Post by Rich on Dec 21, 2010 12:13:33 GMT -5
bidu options decay faster than a peeled banana in the noon day sun
|
|