PPDT - 09/13/2011 Tuesday - PP-XLF = 12.25

[ask2lern]

Good Morning Gang
Here are the pivots……….…hope everyone has a great day ……GLTA


GOLD


R3 1917.33
R2 1869.33
R1 1842.37

PP 1821.33

S1 1794.37
S2 1773.33
S3 1725.33


SILVER

R3 44.04
R2 42.25
R1 41.32

PP 40.46

S1 39.53
S2 38.67
S3 36.88


IWM

R3 71.33
R2 69.45
R1 68.76

PP 67.57

S1 66.88
S2 65.69
S3 63.81




TNA

R3 45.43
R2 42.15
R1 40.96

PP 38.87

S1 37.68
S2 35.59
S3 32.31



TZA

R3 56.81
R2 52.66
R1 49.99

PP 48.51

S1 45.84
S2 44.36
S3 40.21


SDS

R3 27.26
R2 26.09
R1 25.32

PP 24.92

S1 24.15
S2 23.75
S3 22.58


SSO

R3 43.37
R2 41.51
R1 40.87

PP 39.65

S1 39.01
S2 37.79
S3 35.93

…………………………..GLTA

[ask2lern]

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

Late reversal keeps indexes in green

Once again the indexes traded in wider-than-normal ranges yesterday, and not all of it went in the same direction.

While the day looked to begin quite deep in the red based on futures, the indexes never declined to those levels. The session began with a shallow dip followed by several failed rally attempts.

The indexes drifted toward lows late in the day and saw significant index declines, but in the last 20 minutes all the indexes reversed and closed on their highs of the day.

The Nasdaq 100 was the upside leader, posting a gain of 1.3 percent. The primary reason is that it was the semiconductor and tech stocks that held the leadership, which benefited the tech-heavy index.

Levels have not changed significantly for any of the indexes from where we began yesterday's session. After punching down to below support, the Nasdaq 100 ended closer to its next large resistance zone--similar to the behavior of the S&P 500 and the Russell 2000.

The S&P 500 loses one support level and one resistance level. Other than that, there are no changes. The Russell 2000 sees no adjustment.

In the case of the S&P 500, support is at 1155.47, then at 1140.47 and 1131.03. Resistance is at 1176.80 and its 10-day moving, 1190.11.

The Russell 2000 has support at 664.3, then at 650.01 and 639.85. Resistance is at 681.43, then at 702.28, its 10-day moving average, and 712.11.

Nasdaq 100 (NDX)
First support is at 2154.17. First resistance is at 2237.55.

For the PowerShares QQQ (QQQ) first support is at $52.98. First resistance is at $55.27.

[ask2lern]

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

Retail, trade, small-business data on tap

The National Federation of Independent Business will release its Small Business Optimism Index at 7 a.m. ET. Economists do not make forecasts for the report, but last month's index came in at 89.9.

A lower reading would indicate a decline in optimism by small-business owners, while a rise would break several months of persistent drops in the index.

At 7:45 a.m. ET, the weekly ICSC/Goldman Store Sales report will be released. There are two parts to the report, the week-over-week and year-over-year comparisons. 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 showed a loss of -0.7 percent. The year-over-year data in the previous report showed a gain of 2.7 percent. Stronger-than-expected positive numbers would be seen as bullish, while negative numbers would be bearish.

Import and Export Prices will be reported at 8:30 a.m. ET. Import prices are expected to drop by -0.8 percent, while export prices are expected to be flat. This would be disinflationary.

The range for import prices is from -2 percent to 0.2 percent. For export prices the range is also from -0.2 percent to 0.2 percent. The ideal would be for import prices to drop more than export prices; the most bearish outcome would be for import prices to rise while export prices drop, which would be an inflationary outcome.

The weekly 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 change while the other is the year-over-year comparison, which shows the broader trend best.

The last month-over-month change was a gain of 0.4 percent. The previous report's year-over-year data showed a gain of 4.9 percent. Negative numbers in either series would be bearish.

[Clinton SPX]

futures whipsaw mode

[Clinton SPX]

MUNICH (Dow Jones)--German Finance Minister Wolfgang Schaeuble Tuesday urged Europe's leaders to hold to the "European model" despite tensions surrounding the continent's debt crisis.

"I am deeply convinced that we should proceed with the European model" despite the current "difficulties" and "trouble with processes," Schaeuble said at a conference in Munich.

"We shouldn't just work at the national level," he said.

Schaeuble warned that Europe's leaders risk "making mistakes and blunders" if they lose sight of the "common goal".

"There is no German common good that is different from an Italian common good," he said.

[Clinton SPX]

DJ Coca-Cola Enterprises Raised To Buy From Neutral By UBS

[Clinton SPX]

The Federal Reserve has no liquidity operations scheduled for Tuesday.

[Clinton SPX]

LONDON (Dow Jones)--The European Union is planning a benchmark-sized 10-year bond, said one of the banks mandated to arrange the sale Tuesday.

The bond will be issued in connection with the joint European Union/International Monetary Fund aid package for Portugal.

[Clinton SPX]

Merkel: No Joint French-German Paper On Greece Today

[Rich]

Bloomberg had the ceo of the big French bank, Societe something or other.

He stressed over and over that they are extremely well capitalized...

hehehe

hahaha

hohoho

[Clinton SPX]

Sept 13, 2011 7:24:12 GMT -5 Rich said:

Bloomberg had the ceo of the big French bank, Societe something or other.

He stressed over and over that they are extremely well capitalized...

hehehe

hahaha

hohoho

for now

[ask2lern]

Hedgeye Hedgeye
As we look at today’s set up for the S&P 500, the range is 33 points or -1.83% downside to 1141 and 1.01% upside to 1174. $spy
8 minutes ago Favorite Retweet Reply

[Rich]

The American banks are refusing to loan to the European banks fearing the obvious.

everyday it gets worse

[maxi]

Oil is up 1.62. I posted some stuff below u guys might want to look at.
(not about oil)

[Rich]

big ole bear flag on the euro, 1.37 is strong resistance/support from the days of yore.

holding that would be bullish, must break thru first.

range over last several days 1.355 to 1.37

Looks like it's ready to tap that area again.

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=12.25
MP=12.38 R1=12.51 MP=12.58 R2=12.64 MP=12.84 R3=13.03 MP=13.23 R4=13.42
MP=12.19 S1=12.12 MP=11.99 S2=11.86 MP=11.67 S3=11.47 MP=11.28 S4=11.08
O=12.02 H=12.39 L=12 C=12.37

FAS PP=12.07
MP=12.42 R1=12.76 MP=12.95 R2=13.13 MP=13.66 R3=14.19 MP=14.72 R4=15.25
MP=11.89 S1=11.70 MP=11.36 S2=11.01 MP=10.48 S3=9.95 MP=9.42 S4=8.89
O=11.42 H=12.43 L=11.37 C=12.4

FAZ PP=63.06
MP=64.02 R1=64.97 MP=66.85 R2=68.73 MP=71.56 R3=74.40 MP=77.23 R4=80.07
MP=61.18 S1=59.30 MP=58.35 S2=57.39 MP=54.55 S3=51.72 MP=48.88 S4=46.05
O=66.65 H=66.81 L=61.14 C=61.22

SPY PP=115.83
MP=116.72 R1=117.60 MP=118.07 R2=118.54 MP=119.89 R3=121.25 MP=122.60 R4=123.96
MP=115.36 S1=114.89 MP=114.01 S2=113.12 MP=111.76 S3=110.41 MP=109.05 S4=107.70
O=114.47 H=116.76 L=114.05 C=116.67

SPG PP=115.16
MP=116.11 R1=117.06 MP=117.57 R2=118.07 MP=119.52 R3=120.98 MP=122.43 R4=123.89
MP=114.66 S1=114.15 MP=113.20 S2=112.25 MP=110.79 S3=109.34 MP=107.88 S4=106.43
O=114.06 H=116.16 L=113.25 C=116.06

GS PP=101.90
MP=102.96 R1=104.02 MP=104.57 R2=105.12 MP=106.73 R3=108.34 MP=109.95 R4=111.56
MP=101.35 S1=100.80 MP=99.74 S2=98.68 MP=97.07 S3=95.46 MP=93.85 S4=92.24
O=100.79 H=103 L=99.78 C=102.92

JPM PP=32.02
MP=32.42 R1=32.82 MP=33.03 R2=33.23 MP=33.83 R3=34.44 MP=35.04 R4=35.65
MP=31.82 S1=31.61 MP=31.21 S2=30.81 MP=30.20 S3=29.60 MP=28.99 S4=28.39
O=31.35 H=32.42 L=31.21 C=32.42

MS PP=14.98
MP=15.12 R1=15.25 MP=15.35 R2=15.45 MP=15.69 R3=15.92 MP=16.16 R4=16.39
MP=14.88 S1=14.78 MP=14.65 S2=14.51 MP=14.28 S3=14.04 MP=13.81 S4=13.57
O=14.95 H=15.18 L=14.71 C=15.05

C PP=26.66
MP=26.97 R1=27.28 MP=27.44 R2=27.59 MP=28.06 R3=28.52 MP=28.99 R4=29.45
MP=26.51 S1=26.35 MP=26.04 S2=25.73 MP=25.27 S3=24.80 MP=24.34 S4=23.87
O=26.25 H=26.98 L=26.05 C=26.96

VIX PP=40.12
MP=40.89 R1=41.65 MP=43.19 R2=44.72 MP=47.02 R3=49.32 MP=51.62 R4=53.92
MP=38.59 S1=37.05 MP=36.29 S2=35.52 MP=33.22 S3=30.92 MP=28.62 S4=26.32
O=42.56 H=43.18 L=38.58 C=38.59

UUP PP=21.95
MP=21.99 R1=22.02 MP=22.08 R2=22.13 MP=22.22 R3=22.31 MP=22.40 R4=22.49
MP=21.90 S1=21.84 MP=21.81 S2=21.77 MP=21.68 S3=21.59 MP=21.50 S4=21.41
O=21.94 H=22.05 L=21.87 C=21.92

FROM: www.econoday.com

Economic Events & Analysis - 09/13/2011 Tuesday


7:30 AM ET NFIB Small Business Optimism Index
7:45 AM ET ICSC-Goldman Store Sales
8:30 AM ET Import and Export Prices
8:55 AM ET Redbook
9:00 AM ET Ceridian-UCLA PCI
11:30 AM ET 4-Week Bill Auction
1:00 PM ET 10-Yr Note Auction
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.

[Clinton SPX]

Sept 13, 2011 7:35:38 GMT -5 maxi said:

Oil is up 1.62. I posted some stuff below u guys might want to look at.
(not about oil)

oil was up yesterday and dumb asses were still selling the drillers grrrrrrrr

[Clinton SPX]

Sept 13, 2011 7:31:36 GMT -5 Rich said:

The American banks are refusing to loan to the European banks fearing the obvious.

everyday it gets worse

This is good news in my mind.

[Clinton SPX]

can I put in a request for a down then up day?

[rex]

Sept 13, 2011 7:56:45 GMT -5 Clinton SPX said:

can I put in a request for a down then up day?

You're in the middle of one!

[Clinton SPX]

Attachments:

[Rich]

I have this real strong feeling that the bottom drops out today.

Which probably means the media is doing it's job.

Whenever I get this bearish I get my face ripped off

[Clinton SPX]

I got some shorts and I got some longs, the only thing I dont want is flat and it looks like thats what im gonna get

[ask2lern]

Does the 1 min chart for today look creepy on anyone Else's chart on SDS and IWM?..............I use etrade so I am wondering if it is the charts or not...........if not they better quit tinkering with them algos or they are going to break something.....................

[Clinton SPX]

shorted some fins here

[Clinton SPX]

adding to fin short

[Clinton SPX]

SPY sitting on the 200ma 10m lets see if a bull flag forms above this

[Clinton SPX]

no confirm above the 200ma

[Clinton SPX]

shorting some small caps

[Clinton SPX]

OK, Im betting on bull flag failure for spy. it just confirmed bearish under the 200ma.
hope it plays out