PPDT - PP-XLF = 14.70 - 9/20 Monday

[kryptos2009]

Here is the PP Daily Thread (PPDT) data.


XLF PP=14.70
MP=14.77 R1=14.84 MP=14.89 R2=14.93 MP=15.04 R3=15.16 MP=15.27 R4=15.39
MP=14.66 S1=14.61 MP=14.54 S2=14.47 MP=14.35 S3=14.24 MP=14.12 S4=14.01
O=14.6 H=14.78 L=14.55 C=14.76

FAS PP=22.30
MP=22.44 R1=22.57 MP=22.79 R2=23.00 MP=23.35 R3=23.70 MP=24.05 R4=24.40
MP=22.09 S1=21.87 MP=21.74 S2=21.60 MP=21.25 S3=20.90 MP=20.55 S4=20.20
O=22.64 H=22.73 L=22.03 C=22.14

FAZ PP=13.04
MP=13.16 R1=13.28 MP=13.36 R2=13.43 MP=13.63 R3=13.82 MP=14.02 R4=14.21
MP=12.97 S1=12.89 MP=12.77 S2=12.65 MP=12.46 S3=12.26 MP=12.07 S4=11.87
O=12.86 H=13.2 L=12.81 C=13.12

SPY PP=112.61
MP=112.82 R1=113.03 MP=113.31 R2=113.58 MP=114.06 R3=114.55 MP=115.03 R4=115.52
MP=112.34 S1=112.06 MP=111.85 S2=111.64 MP=111.15 S3=110.67 MP=110.18 S4=109.70
O=113.04 H=113.15 L=112.18 C=112.49

SPG PP=94.92
MP=95.37 R1=95.82 MP=96.08 R2=96.33 MP=97.03 R3=97.74 MP=98.44 R4=99.15
MP=94.67 S1=94.41 MP=93.96 S2=93.51 MP=92.80 S3=92.10 MP=91.39 S4=90.69
O=94.85 H=95.42 L=94.01 C=95.32

GS PP=151.34
MP=151.73 R1=152.11 MP=152.68 R2=153.25 MP=154.20 R3=155.16 MP=156.11 R4=157.07
MP=150.77 S1=150.20 MP=149.82 S2=149.43 MP=148.47 S3=147.52 MP=146.56 S4=145.61
O=152.11 H=152.47 L=150.56 C=150.98

JPM PP=40.38
MP=40.57 R1=40.76 MP=41.12 R2=41.47 MP=42.01 R3=42.56 MP=43.10 R4=43.65
MP=40.03 S1=39.67 MP=39.48 S2=39.29 MP=38.74 S3=38.20 MP=37.65 S4=37.11
O=41.03 H=41.08 L=39.99 C=40.06

MS PP=26.62
MP=26.74 R1=26.85 MP=27.04 R2=27.22 MP=27.52 R3=27.82 MP=28.12 R4=28.42
MP=26.44 S1=26.25 MP=26.14 S2=26.02 MP=25.72 S3=25.42 MP=25.12 S4=24.82
O=26.96 H=27 L=26.4 C=26.47

C PP=3.97
MP=3.99 R1=4.00 MP=4.02 R2=4.04 MP=4.08 R3=4.11 MP=4.15 R4=4.18
MP=3.95 S1=3.93 MP=3.92 S2=3.90 MP=3.87 S3=3.83 MP=3.80 S4=3.76
O=4 H=4.02 L=3.95 C=3.95

VIX PP=22.07
MP=22.29 R1=22.50 MP=22.75 R2=23.00 MP=23.46 R3=23.93 MP=24.39 R4=24.86
MP=21.82 S1=21.57 MP=21.36 S2=21.14 MP=20.67 S3=20.21 MP=19.74 S4=19.28
O=21.65 H=22.56 L=21.63 C=22.01

UUP PP=23.58
MP=23.61 R1=23.64 MP=23.66 R2=23.68 MP=23.73 R3=23.78 MP=23.83 R4=23.88
MP=23.56 S1=23.54 MP=23.51 S2=23.48 MP=23.43 S3=23.38 MP=23.33 S4=23.28
O=23.54 H=23.62 L=23.52 C=23.6

FROM: www.econoday.com

Economic Events & Analysis - 9/20/2010 Monday


10:00 AM ET Housing Market Index
11:00 AM ET 4-Week Bill Announcement
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month 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.

[ask2lern]

Thanks Kryptos …………… Here are the pivots……….…hope everyone has a great day …………………GLTA


GOLD

R4 1305.97
midpoint 1300.97
R3 1295.97
midpoint 1290.97
R2 1285.97
Midpoint 1283.40
R1 1280.83
midpoint 1278.40

PP 1275.97

midpoint 1273.40
S1 1270.83
midpoint 1268.40
S2 1265.97
midpoint 1260.97
S3 1255.97
midpoint 1250.97
S4 1245.97

SILVER

R4 21.73
midpoint 21.57
R3 21.41
midpoint 21.25
R2 21.09
midpoint 21.02
R1 20.94
midpoint 20.86

PP 20.77

midpoint 20.70
S1 20.62
midpoint 20.54
S2 20.45
midpoint 20.29
S3 20.13
midpoint 19.97
S4 19.81

IMW

R3 67.48
R2 66.24
R1 65.73

PP 65.00

S1 64.49
S2 63.76
S3 62.52



TNA

R4 49.06
midpoint 47.89
R3 46.71
midpoint 45.54
R2 44.36
midpoint 43.87
R1 43.38
midpoint 42.70

PP 42.01

midpoint 41.52
S1 41.03
midpoint 40.35
S2 39.66
midpoint 38.49
S3 37.31
midpoint 36.14
S4 34.96

TZA

R4 35.01
Midpoint 34.16
R3 33.30
midpoint 32.45
R2 31.59
midpoint 31.09
R1 30.58
midpoint 30.23

PP 29.88

midpoint 29.38
S1 28.87
midpoint 28.52
S2 28.17
midpoint 27.32
S3 26.46
midpoint 25.61
S4 24.75

SDS

R3 32.06
R2 31.00
R1 30.76

PP 30.47

S1 30.23
S2 29.94
S3 29.41

………………………..GLTA

[ask2lern]

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

Financials key for market to break out
September 20, 2010 Mon 4:03 AM CT


There are no changes to levels from Friday morning. Markets simply moved in too small a range at the end of the week for anything to have advanced near resistance or declined toward support.

Bulls will be looking for fresh catalysts, particularly for the S&P 500, to see if it can be broken out successfully.

The fly in the ointment for the S&P 500 is a moribund financial sector that is sliding down gradually on a year-to-date basis. That weakness has kept any significant rally from gaining traction.

For a breakout to have staying power, that will need to change.

Nasdaq 100 (NDX)

First support is at 1939.77. First resistance is at 1964.10.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $47.68. First resistance is at $48.32.

S&P 500 (SPX)

First support is at 1115.71. First resistance is at 1128.77.

For the Standard & Poor's Depository Receipts (SPY) first support is at $111.80. First resistance is at $113.18.

Russell 2000 (RUT)

First support is at 645.82, the 200-day moving average. First resistance is at 672.16.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $64.58. First resistance is at $67.27.

[ask2lern]

From www.optionmonster.com

Housing data tops economic calendar
September 20, 2010 Mon 3:45 AM CT


There is only one item on the economic calendar for today, and that is the NAHB Housing Market Index at 10 a.m. ET.

The forecast calls for a rise to 14 from the previous reading of 13. The range of potential values for the report is fairly wide.

At the low, a bearish reading of 11 is forecast. That would be a negative surprise for markets, which are expecting to see some improvement. At the high end, a more bullish reading of 15 is estimated.

The SPDR S&P Homebuilders ETF, along with its underlying, may be active on this report. Banks with large mortgage exposure such as Bank of America, Citigroup, JP Morgan, and Wells Fargo may also react to the number, particularly if it comes in closer to one of the extremes.

By: Bryan McCormick

[abdogman]

Thanks Kryptos and Ask for the nmbrs and info

Good Morining Gang.....GLTA!

back for the open

[deadmoney95]

Good morning everyone. I lurked a great deal over the last two weeks and am so grateful for this thread. Thanks to all of you for your kind wishes in advance of the wedding and honeymoon, both of which were wonderful.

Carl F:

Today's range estimate is 1121-33. The ES is headed for 1140 and higher.

[abdogman]

xlf 14.63 on 1m

[abdogman]

macd pos on1m xlf fas
BB's spreading slowly on 1m xlf fas faz
xlf 14.645 on 1m

[abdogman]

macd just neg on 1m xlf fas
xlf 14.62 on 1m

[abdogman]

macd back pos on 1m xlf fas
xlf 14.65 on 1m

[ccash04]

Sept 20, 2010 8:31:50 GMT -5 deadmoney95 said:

Good morning everyone. I lurked a great deal over the last two weeks and am so grateful for this thread. Thanks to all of you for your kind wishes in advance of the wedding and honeymoon, both of which were wonderful.

Carl F:

Today's range estimate is 1121-33. The ES is headed for 1140 and higher.

Congrats DM, glad it was great and double congrats on the opex winner! Unfortunately, but in typical fashion my MU got taken to the woodshed days before opex.

[abdogman]

NAHB September Housing Market Index 13 vs 14 Briefing.com consensus; August 13

[ccash04]

Seems like every monday now is a mutual fund monday but in bonds

This makes sense as money is still flowing out of stocks into bond funds

[abdogman]

macd pos on 1m xlf fas now
xlf 14.69 on 1m

[abdogman]

xlf 14.705 on 1m

[ccash04]

tlt pulling back below 102 now, im rooting for a meaningful reverse.. equities doing well this morning.

[abdogman]

xlf 14.72 on 1m

[ccash04]

and its a POMO day! woo lets go 1140!

[natsalilfly]

good morning all - TNA just overtook early morning leader DRN

[abdogman]

macd on 1m xlf fas rolling over to 0/0
xlf 14.69 on 1m

[abdogman]

BB's narrowing slowly on 1m xlf fas faz ......aud/jpy

[ccash04]

GOOG looks like its under heavy accumulation.

[ccash04]

Well on its way to putting in a nice looking reversal candle if this keeps up..

[abdogman]

BB's on vix 1m tight
macd slightly neg on 1m xlf fas
xlf 14.675 on 1m

[brosin]

Morning PPDTers

If you have not read my FOMC stuff (bumped and newly posted today), please do. We are at a very 'pivoty' spot historically speaking here today. I would not be starting new positions here and would be looking to be cautious on both sides.

On one hand, you have the Fed Funds Rate action playing out perfectly in the markets with a strong start to the week. On the other hand, you have an FOMC meeting tomorrow where we typically see tops without fail.

Tough call. I am bullish but very cautious.

[natsalilfly]

financials are lagging - if FAS can catch up with the other 3x's I would feel like this breakout has more staying power

[cosmic]

Sept 20, 2010 9:29:50 GMT -5 brosin said:

Morning PPDTers

If you have not read my FOMC stuff (bumped and newly posted today), please do. We are at a very 'pivoty' spot historically speaking here today. I would not be starting new positions here and would be looking to be cautious on both sides.

On one hand, you have the Fed Funds Rate action playing out perfectly in the markets with a strong start to the week. On the other hand, you have an FOMC meeting tomorrow where we typically see tops without fail.

Tough call. I am bullish but very cautious.

Interesting dilemma. You need a chart of FFR and FOMC meetings - might help clarify.

[abdogman]

macd pos last 5 mins on 1m for xlf fas
BB's spreadinjg slowly 1m xlf fas on upper band
xlf 14.71 on 1m

[brosin]

Sept 20, 2010 9:37:52 GMT -5 cosmic said:

Sept 20, 2010 9:29:50 GMT -5 brosin said:

Morning PPDTers

If you have not read my FOMC stuff (bumped and newly posted today), please do. We are at a very 'pivoty' spot historically speaking here today. I would not be starting new positions here and would be looking to be cautious on both sides.

On one hand, you have the Fed Funds Rate action playing out perfectly in the markets with a strong start to the week. On the other hand, you have an FOMC meeting tomorrow where we typically see tops without fail.

Tough call. I am bullish but very cautious.

Interesting dilemma. You need a chart of FFR and FOMC meetings - might help clarify.

I've posted some and the sticky in the blog for FOMC meetings tracks the dates, tops, moves, etc. It is pretty extensive...

[crumbdon]

Sept 20, 2010 9:36:01 GMT -5 natsalilfly said:

financials are lagging - if FAS can catch up with the other 3x's I would feel like this breakout has more staying power

So true, fly. I have been watching closely this morning, ready to dump my FAS, but the last 30 mins show fins starting to catch up. If they climb on board, we could have a really snazzy short-covering rally today.