PPDT - 09/27/2011 Tuesday - PP-XLF = 12.05

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=12.05
MP=12.21 R1=12.37 MP=12.45 R2=12.53 MP=12.77 R3=13.01 MP=13.25 R4=13.49
MP=11.97 S1=11.89 MP=11.73 S2=11.57 MP=11.33 S3=11.09 MP=10.85 S4=10.61
O=11.84 H=12.22 L=11.74 C=12.2

FAS PP=11.35
MP=11.73 R1=12.10 MP=12.31 R2=12.52 MP=13.11 R3=13.69 MP=14.28 R4=14.86
MP=11.14 S1=10.93 MP=10.56 S2=10.18 MP=9.60 S3=9.01 MP=8.43 S4=7.84
O=10.93 H=11.78 L=10.61 C=11.67

FAZ PP=63.58
MP=64.95 R1=66.31 MP=68.77 R2=71.23 MP=75.06 R3=78.88 MP=82.71 R4=86.53
MP=61.12 S1=58.66 MP=57.30 S2=55.93 MP=52.11 S3=48.28 MP=44.46 S4=40.63
O=66.41 H=68.51 L=60.86 C=61.38

SPY PP=115.21
MP=116.32 R1=117.43 MP=118.03 R2=118.63 MP=120.34 R3=122.05 MP=123.76 R4=125.47
MP=114.61 S1=114.01 MP=112.90 S2=111.79 MP=110.08 S3=108.37 MP=106.66 S4=104.95
O=114.61 H=116.4 L=112.98 C=116.24

SPG PP=112.78
MP=113.59 R1=114.39 MP=114.84 R2=115.28 MP=116.53 R3=117.78 MP=119.03 R4=120.28
MP=112.34 S1=111.89 MP=111.09 S2=110.28 MP=109.03 S3=107.78 MP=106.53 S4=105.28
O=113.03 H=113.67 L=111.17 C=113.5

GS PP=97.96
MP=99.44 R1=100.91 MP=101.80 R2=102.69 MP=105.05 R3=107.42 MP=109.78 R4=112.15
MP=97.07 S1=96.18 MP=94.71 S2=93.23 MP=90.86 S3=88.50 MP=86.13 S4=83.77
O=96.19 H=99.73 L=95 C=99.14

JPM PP=31.14
MP=31.73 R1=32.32 MP=32.66 R2=32.99 MP=33.92 R3=34.84 MP=35.77 R4=36.69
MP=30.81 S1=30.47 MP=29.88 S2=29.29 MP=28.37 S3=27.44 MP=26.52 S4=25.59
O=30.06 H=31.81 L=29.96 C=31.65

MS PP=14.28
MP=14.61 R1=14.94 MP=15.10 R2=15.26 MP=15.75 R3=16.24 MP=16.73 R4=17.22
MP=14.12 S1=13.96 MP=13.63 S2=13.30 MP=12.81 S3=12.32 MP=11.83 S4=11.34
O=13.94 H=14.61 L=13.63 C=14.61

C PP=26.31
MP=26.78 R1=27.25 MP=27.52 R2=27.78 MP=28.52 R3=29.25 MP=29.99 R4=30.72
MP=26.05 S1=25.78 MP=25.31 S2=24.84 MP=24.11 S3=23.37 MP=22.64 S4=21.90
O=25.44 H=26.84 L=25.37 C=26.72

VIX PP=40.46
MP=41.18 R1=41.90 MP=43.34 R2=44.78 MP=46.94 R3=49.10 MP=51.26 R4=53.42
MP=39.02 S1=37.58 MP=36.86 S2=36.14 MP=33.98 S3=31.82 MP=29.66 S4=27.50
O=40.99 H=43.34 L=39.02 C=39.02

UUP PP=22.22
MP=22.25 R1=22.28 MP=22.33 R2=22.37 MP=22.45 R3=22.52 MP=22.60 R4=22.67
MP=22.18 S1=22.13 MP=22.10 S2=22.07 MP=22.00 S3=21.92 MP=21.85 S4=21.77
O=22.23 H=22.32 L=22.17 C=22.18

FROM: www.econoday.com

Economic Events & Analysis - 09/27/2011 Tuesday


7:45 AM ET ICSC-Goldman Store Sales
8:55 AM ET Redbook
9:00 AM ET S&P Case-Shiller HPI
10:00 AM ET Consumer Confidence
10:00 AM ET Richmond Fed Manufacturing Index
10:00 AM ET State Street Investor Confidence Index
11:30 AM ET 4-Week Bill Auction
12:30 PM ET Dennis Lockhart Speaks
1:00 PM ET 2-Yr Note 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!!
Good Morning Gang
Here are the pivots……….…hope everyone has a great day ……GLTA


GOLD


R3 1715.43
R2 1665.35
R1 1647.27

PP 1615.63

S1 1597.37
S2 1565.73
S3 1515.83


SILVER

R3 35.99
R2 32.94
R1 31.89

PP 29.89

S1 28.84
S2 26.84
S3 23.79


IWM

R3 70.11
R2 67.91
R1 67.14

PP 65.71

S1 64.94
S2 63.51
S3 61.31




TNA

R3 42.60
R2 39.12
R1 37.91

PP 35.64

S1 34.43
S2 32.16
S3 26.88



TZA

R3 61.25
R2 56.02
R1 52.62

PP 50.79

S1 47.39
S2 45.56
S3 40.33


SDS

R3 27.78
R2 26.24
R1 25.25

PP 24.70

S1 23.71
S2 23.16
S3 21.62


SSO

R3 44.01
R2 41.71
R1 40.91

PP 39.41

S1 38.61
S2 37.11
S3 34.81

…………………………..GLTA

[ask2lern]

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

Rebound neutralizes bearish patterns

The indexes staged a major rebound yesterday that neutralized some bearish aspects of the S&P 500 and Russell 2000 charts. The lift rendered inactive bearish patterns in those two indexes, though that status could change this week depending on how stocks behave.

We are still dealing with some rather large price ranges that are nowhere near normal conditions. The outcome was simply a positive one yesterday versus the strong downtrend of last week.

Levels have changed for each index with additional resistance levels in place and previous resistance becoming support. You will also notice that several moving averages are re-entering the picture, this time as resistance levels.

Last week's declines were sharp enough to push prices well below moving averages. That is an indication of how far prices have yet to go for any sort of technical damage to be repaired.

For the Nasdaq 100, first support is at 2225.40, then 2212.84, and 2151.18. First resistance is at 2236.39, its 50-day moving average. On a breakout above that moving average, next resistance is at 2255.47, its 10-day moving average, and then at 2291.89, its 200-day moving average.

In the case of the S&P 500, support is at 1150.70, then 1131, and 1114.52. Resistance is at 1178.85, its 10-day moving average. On a breakout above that moving average, resistance is at 1210. 19, its downtrending 50-day moving average.

The Russell 2000 has support at 661.94 and then at 634.71, the low of last Thursday's session, and at 624.52. Resistance is at 684.19, its 10-day moving average, and then at 701.55. The Russell tends to exhibit greater volatility, so we need to give it more latitude.

[ask2lern]

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

Retail, housing, consumer data on tap

The economic calendar picks up pace marginally today with the weekly retail sales reports, the S&P Case-Shiller home prices, and the Conference Board's consumer confidence 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 change came in at -1.2 percent, and the year-over-year reading was 3.4 percent. Stronger-than-expected positive numbers would be seen as bullish, while negative numbers would be bearish.

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 number, and the other is the year-over-year change, which shows the broader trend best.

The last month-over-month change was zero, whileeport's year-over-year data showed a gain of 4.1 percent. Negative numbers in either series would be bearish.

At 9 a.m. ET, the S&P Case-Shiller Home Price Index data comes out. The forecast for the month-over-month change is for a gain of 0.7 percent on an unadjusted basis and 0.1 percent on a seasonally adjusted basis.

Estimates for the unadjusted change range from a bearish -0.9 percent to a bullish 1 percent. On an adjusted basis, expectations range from a bearish -0.5 percent to a bullish 0.5 percent.

The Conference Board's Consumer Confidence Index will be released at 10 a.m. ET. Most economists expect a slight uptick to 46 from last month's 44.5. Estimates range from a bearish 40 to a bullish 49.

[rex]

What's frustratingly curious is that yesterday all the asian and Europian markets were all up 3-4 %, yet we were only up 2-2.3%, and they have much bigger problems than we have. Now, today I see them all up 3-4% again and we'll be lucky to get 2.3% probably. If we just split the difference for how they're doing today...3.5%, the S&P should close at 1202. Anyone else notice that?

[Clinton SPX]

Long SPXU - shorting the market here

[Clinton SPX]

shorting fins here also

[Clinton SPX]

added to fin short

[crumbdon]

Sept 27, 2011 8:57:57 GMT -5 Clinton SPX said:

added to fin short

I'll say a prayer for you.

JK- you should be OK soon, but you might end up wishing you'd waited a little longer before you started it.

GL, man.

[Clinton SPX]

Spy gapped up into the 20ma on the daily an obvious resist. Ill reshort when it hits the 50ma if it ever gets there. I dont think it will

[Clinton SPX]

AMZN is red

[Clinton SPX]

bulls are sneaking out the back door

[maxi]

Yeah something unusual about today. I am laying low for the rest of the week I think.

[Clinton SPX]

airlines XAL lighting the LOD

[Clinton SPX]

transports and soxl HODs

[crumbdon]

Sept 27, 2011 9:21:16 GMT -5 maxi said:

Yeah something unusual about today. I am laying low for the rest of the week I think.

It feels like one of those Guided days, where The Hand is in control.

Every time the profit-taking begins, The Hand magically appears to gently lift things back up.

[Clinton SPX]

BBL taking rabbit to the vet

[crumbdon]

Sept 27, 2011 9:39:35 GMT -5 crumbdon said:

Sept 27, 2011 9:21:16 GMT -5 maxi said:

Yeah something unusual about today. I am laying low for the rest of the week I think.

It feels like one of those Guided days, where The Hand is in control.

Every time the profit-taking begins, The Hand magically appears to gently lift things back up.

"One Hand to Rule Them All..." LOL

[Beau999]

Sept 27, 2011 9:59:17 GMT -5 Clinton SPX said:

BBL taking rabbit to the vet

Is that "code" for something?

[Beau999]

Sept 27, 2011 10:01:24 GMT -5 crumbdon said:

Sept 27, 2011 9:39:35 GMT -5 crumbdon said:

It feels like one of those Guided days, where The Hand is in control.

Every time the profit-taking begins, The Hand magically appears to gently lift things back up.

"One Hand to Rule Them All..." LOL

"And in the Darkness, bind them!"

[jack]

Sept 27, 2011 10:09:02 GMT -5 Beau999 said:

Sept 27, 2011 9:59:17 GMT -5 Clinton SPX said:

BBL taking rabbit to the vet

Is that "code" for something?

Back before lunch? Dunno about rabbits but I know he's got a Smurf!

fastopia.proboards.com/index.cgi?board=saloon&action=display&thread=83&page=6

(see Sept 21, 2011 post)

[jack]

Sept 27, 2011 10:09:02 GMT -5 Beau999 said:

Sept 27, 2011 9:59:17 GMT -5 Clinton SPX said:

BBL taking rabbit to the vet

Is that "code" for something?

THIS from the guy who can't hold onto his nuts? lol

Welcome aboard beaux - ALREADY you've left a mark

[crumbdon]

Big Banks pulling back a little off their highs, especially BAC. Can't tell yet if this is the end of today's run, or if Mr. Market is backing up a little to get a run at it now. Hmmm....

[Clinton SPX]

Adding to my short

[rex]

Sept 27, 2011 11:18:18 GMT -5 Clinton SPX said:

Adding to my short

Congrats if the rabbit died!!!

[Clinton SPX]

Get ready for the race to the exits

[im2buzzi]

AAPL red now too.

[Clinton SPX]

Dont be mean to the little guy. He sits next to me while I trade at home

Attachments:

[Clinton SPX]

BBL gotta run

[rex]

Sept 27, 2011 11:45:28 GMT -5 Clinton SPX said:

Dont be mean to the little guy. He sits next to me while I trade at home

Cute lil thing. My Dog sits next to me.