PPDT - 09/22/2011 Thursday - PP-XLF = 12.13

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=12.13
MP=12.24 R1=12.35 MP=12.58 R2=12.81 MP=13.15 R3=13.49 MP=13.83 R4=14.17
MP=11.90 S1=11.67 MP=11.56 S2=11.45 MP=11.11 S3=10.77 MP=10.43 S4=10.09
O=12.55 H=12.58 L=11.9 C=11.9

FAS PP=12.05
MP=12.33 R1=12.60 MP=13.15 R2=13.70 MP=14.53 R3=15.35 MP=16.18 R4=17.00
MP=11.50 S1=10.95 MP=10.68 S2=10.40 MP=9.58 S3=8.75 MP=7.93 S4=7.10
O=13.1 H=13.15 L=11.5 C=11.5

FAZ PP=62.74
MP=65.63 R1=68.52 MP=69.99 R2=71.45 MP=75.80 R3=80.16 MP=84.51 R4=88.87
MP=61.28 S1=59.81 MP=56.92 S2=54.03 MP=49.67 S3=45.32 MP=40.96 S4=36.61
O=57.15 H=65.66 L=56.95 C=65.6

SPY PP=117.89
MP=118.62 R1=119.34 MP=120.70 R2=122.05 MP=124.13 R3=126.21 MP=128.29 R4=130.37
MP=116.54 S1=115.18 MP=114.46 S2=113.73 MP=111.65 S3=109.57 MP=107.49 S4=105.41
O=120.23 H=120.6 L=116.44 C=116.63

SPG PP=114.89
MP=116.34 R1=117.78 MP=120.42 R2=123.06 MP=127.15 R3=131.23 MP=135.32 R4=139.40
MP=112.25 S1=109.61 MP=108.17 S2=106.72 MP=102.64 S3=98.55 MP=94.47 S4=90.38
O=119.91 H=120.17 L=112 C=112.5

GS PP=99.47
MP=100.35 R1=101.22 MP=102.90 R2=104.58 MP=107.14 R3=109.69 MP=112.25 R4=114.80
MP=97.79 S1=96.11 MP=95.24 S2=94.36 MP=91.81 S3=89.25 MP=86.70 S4=84.14
O=102.81 H=102.83 L=97.72 C=97.86

JPM PP=31.02
MP=31.40 R1=31.77 MP=32.49 R2=33.21 MP=34.30 R3=35.40 MP=36.49 R4=37.59
MP=30.30 S1=29.58 MP=29.21 S2=28.83 MP=27.73 S3=26.64 MP=25.54 S4=24.45
O=32.23 H=32.45 L=30.26 C=30.34

MS PP=14.28
MP=14.53 R1=14.77 MP=15.25 R2=15.72 MP=16.44 R3=17.16 MP=17.88 R4=18.60
MP=13.81 S1=13.33 MP=13.09 S2=12.84 MP=12.12 S3=11.40 MP=10.68 S4=9.96
O=15.12 H=15.23 L=13.79 C=13.82

C PP=26.19
MP=26.53 R1=26.86 MP=27.54 R2=28.21 MP=29.22 R3=30.23 MP=31.24 R4=32.25
MP=25.52 S1=24.84 MP=24.51 S2=24.17 MP=23.16 S3=22.15 MP=21.14 S4=20.13
O=27 H=27.53 L=25.51 C=25.52

VIX PP=35.70
MP=37.32 R1=38.94 MP=39.76 R2=40.57 MP=43.00 R3=45.44 MP=47.87 R4=50.31
MP=34.89 S1=34.07 MP=32.45 S2=30.83 MP=28.39 S3=25.96 MP=23.52 S4=21.09
O=33 H=37.32 L=32.45 C=37.32

UUP PP=21.94
MP=22.04 R1=22.14 MP=22.19 R2=22.24 MP=22.39 R3=22.54 MP=22.69 R4=22.84
MP=21.89 S1=21.84 MP=21.74 S2=21.64 MP=21.49 S3=21.34 MP=21.19 S4=21.04
O=21.89 H=22.05 L=21.75 C=22.03

FROM: www.econoday.com

Economic Events & Analysis - 09/22/2011 Thursday


Weekly Bill Settlement

8:30 AM ET Jobless Claims
9:45 AM ET Bloomberg Consumer Comfort Index
10:00 AM ET FHFA House Price Index
10:00 AM ET Leading Indicators
10:30 AM ET EIA Natural Gas Report
11:00 AM ET 3-Month Bill Announcement
11:00 AM ET 6-Month Bill Announcement
11:00 AM ET 2-Yr Note Announcement
11:00 AM ET 5-Yr Note Announcement
11:00 AM ET 7-Yr Note Announcement
1:00 PM ET 10-Yr TIPS Auction
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply


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!!!!!

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


GOLD


R3 1868.53
R2 1830.23
R1 1805.87

PP 1791.93

S1 1767.57
S2 1753.63
S3 1715.33


SILVER

R3 42.98
R2 41.46
R1 40.59

PP 39.94

S1 39.07
S2 38.42
S3 36.90


IWM

R3 74.21
R2 72.03
R1 70.59

PP 69.85

S1 68.41
S2 67.67
S3 65.49




TNA

R3 49.66
R2 44.18
R1 40.53

PP 38.70

S1 35.05
S2 33.22
S3 27.74



TZA

R3 59.85
R2 53.85
R1 51.85

PP 47.85

S1 45.85
S2 41.85
S3 35.85


SDS

R3 26.90
R2 25.32
R1 24.79

PP 23.74

S1 23.21
S2 22.16
S3 20.58


SSO

R3 47.25
R2 44.29
R1 42.31

PP 41.33

S1 39.85
S2 38.37
S3 35.41

…………………………..GLTA

[ask2lern]

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

Index will face important test today

The indexes took a beating late yesterday after the Fed's announcement. Whether this proves to be a true move or a head-fake will have to wait for today's session.

For now the bears have control of the tape. And in all likelihood, it will require breaking some key levels in the various indexes to change the minds of the bulls.

The Nasdaq 100 once again held up best technically, while the Russell 2000 was the worst performer by far as it fell 3.7 percent. The S&P 500 also saw heavy selling, ending down more than 2.9 percent.

Some smaller indexes took even heavier losses. One in particular to keep eyes on is the Dow Jones Transportation Average, which ended with a staggering loss of more than 5.2 percent.

All this activity changed levels significantly. For the S&P 500 it has created an interesting situation where a large-scale potential bearish "flag" pattern could trigger below the 1150 area.

While that seemed like a distant target at the start of today, it is just a little more than 1 percent down from yesterday's close. The index made it nearly all the way down to the last support on the list I posted yesterday morning.

Today's support for the S&P 500 is at 1162.52, then at 1150.70 and 1136.07 thereafter. Resistance is at 1186.20, its 10-day moving average, and then at 1202.09.

As for the weakest of the three indexes we follow each day, the Russell 2000 took out all of its support levels. It has an active bearish flag of its own in progress that could have substantial downside unless it reverses back higher today.

The Russell 2000 has support at 661.94, then at 651.34 and 639.85. Resistance is at 681.43, then at 692.91, its 10-day moving average, and 718.59 thereafter.

Nasdaq 100 (NDX)
First support is at 2198.58. First resistance is at 2284.66

For the PowerShares QQQ (QQQ) first support is at $54.03.First resistance is at $56.08.

[ask2lern]

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

Jobs, housing, consumer data on tap

There are four reports on the economic calendar today and none scheduled for tomorrow. That will mean that we have two basic forces at work today.

The first will be the post-Fed reaction by Asia and Europe, while the second will be new data from the economic releases. The combination of the two will likely set the tone for how the week ends.

At 8:30 a.m. ET, Jobless Claims will be reported. Expectations are for little change from the prior week, with claims seen at 420,000. Estimates range from a bullish 408,000 to a bearish 435,000. Because that range is quite small, there is always a chance of a surprise break at either end that would produce a large market response.

At 9:45 a.m. ET the Bloomberg Consumer Confidence Index will be reported. Economists do not make forecasts for this index, but the last reading came in near its lows for the year at -49.3. A larger negative reading would be very bearish, while one at or above -47 would probably be seen as somewhat bullish, given the persistent downtrend.

At 10 a.m. ET the FHFA House Price Index data will be released. The consensus forecast calls for a gain of 0.2 percent. Expectations range from a bearish gain of just 0.1 percent to a bullish increase of 0.5 percent.

The Conference Board's Leading Indicators Index will also come out at 10 a.m. ET. Consensus calls for no change in the month-over-month figures. The range of forecasts is from a bearish drop of -0.3 percent to a bullish gain of 0.4 percent.

[cosmic]

Wow the /DX is up 1.22 -

[Clinton SPX]

good morning, damn look at them futures. wish I didnt cover anything yesterday

[timber]

i added to my fas short after market last night

[Clinton SPX]

you know if i didnt take any profits futures would be +300 right now

[Clinton SPX]

ben just turned on the euro buy robot

[Clinton SPX]

punk better let me cover down here

[Clinton SPX]

crude is down 6%

Im gonna have a shitty day

[timber]

world wide stimulas package

[Clinton SPX]

OK i covered all my shorts

[Clinton SPX]

betting on a gap fil later today, hope i didnt screw myself

[ask2lern]

grassosteve Steve Grasso
watch this level 1135 in the $SPX , then its 1120 and the ultimate test i have been calling for .....1101,, bounce levels 1142 1156 1165
11 minutes ago Favorite Retweet Reply

[timber]

wow fas getting murdered so is tna

[Clinton SPX]

bought a little oil here will buy again if it double bottoms

[Clinton SPX]

come on mr market lets gap fil

[Clinton SPX]

Ford is green
weeeeeee

[rex]

Capital One...the credit card bank is green too! Wonder why..Hehehehe. Poor, stupid consumers are going to rack up the CC debt.

[Clinton SPX]

wow my TGC just popped, hope that holds

[Clinton SPX]

market sure got boring, good for the bulls

[Clinton SPX]

wow SSN is -9%

[Clinton SPX]

9 min till EU closes

[Clinton SPX]

OK France is done tanking for the day, can we rally now?

[Clinton SPX]

Im still feeling bullish here

[Rich]

yeah the guy on the horse with the black robe and sickle tipped us off

[timber]

in the midst of a depression coming up on cnbc

[Rich]

where's Hammond at?

I wonder what he thinks about the flag break

[timber]

that is peter schiff.....he is almost sure of another qe