|
Post by ask2lern on Mar 7, 2012 7:29:26 GMT -5
Good Morning Gang Here are the pivots……….…hope everyone has a great day ……GLTA
GOLD
R3 1722.23 R2 1698.33 R1 1686.97
PP 1674.43
S1 1663.07 S2 1650.53 S3 1626.63
SILVER
R3 35.48 R2 34.16 R1 33.60
PP 32.84
S1 32.28 S2 31.52 S3 30.20
IWM
R3 81.34 R2 80.13 R1 79.44
PP 78.92
S1 78.23 S2 77.71 S3 76.50
TNA
R3 59.03 R2 56.48 R1 54.99
PP 53.93
S1 52.44 S2 51.38 S3 48.83
TZA
R3 22.76 R2 21.87 R1 21.50
PP 20.98
S1 20.61 S2 20.09 S3 19.20
SDS
R3 17.15 R2 16.89 R1 16.78
PP 16.63
S1 16.52 S2 16.37 S3 16.11
SSO
R3 55.03 R2 54.16 R1 53.69
PP 53.29
S1 52.82 S2 52.42 S3 51.55
…………………………..GLTA
|
|
|
Post by ask2lern on Mar 7, 2012 7:32:26 GMT -5
From www.optionmonster.com ..................GLTA Indexes break below support levelsThe major indexes fell through support levels yesterday as fears of a Eurozone economic contraction sent investors fleeing to the safety of the dollar. The S&P 500 and the Nasdaq 100 saw their worst declines of 2012, both dropping more than 1.5 percent at their lows. The Russell 2000 fell even more. The SPX took out previous support at 1360, finding a bottom at 1340.03 before closing slightly off the session low. It closed at 1343.36, down 1.54 percent on the day. The NDX traded down to the 2575.13 level shortly after the open, which ended up being the low of the day. It proved to be the stronger index, finishing the session off 0.99 percent to 2588.95. The RUT closed just off its low at 787.09, down 2.06 percent, breaking previous support of 795. The small-cap index has lost some 43 points in the last week. S&P 500Support is now 1340.03 (yesterday's low), then 1335.17. Resistance is now 1345, then 1347.48. Nasdaq 100Support is now 2575.13 (yesterday's low), then 2570.07. Resistance is now 2592.85, then 2605.59. Russell 2000Support is now 785.41 (yesterday's low), then 780. Resistance is now 789.68, then 792.05.
|
|
|
Post by ask2lern on Mar 7, 2012 7:34:22 GMT -5
From www.optionmonster.com .................GLTA Employment numbers lead calendarToday's economic calendar will focus primarily on the ADP employment numbers for February, as well as crude inventories. The first report of the day is MBA purchase applications, scheduled for 7:30 a.m. ET. There is no forecast for this mortgage data, which came in at -0.03 percent in its last reading. The Challenger job-cut report is also due at 7:30 a.m. ET. This release tracks layoffs that have been announced but not yet made, so it is often viewed as a leading indicator for employment. There is no forecast for this report, which showed a 38.9 percent gain in the last reading. The ADP employment number will be released at 8:15 a.m. ET. The consensus forecast calls for growth of 218,000 jobs for February. This report has has the highest probability of moving the futures in pre-market trading. Productivity and Costs is scheduled for 8:30 a.m. ET. A reading of 0.9 percent is expected for non-farm productivity, while 1.2 percent is forecast for unit labor costs. The Energy Information Administration, which provides weekly status report on oil supplies and demand, will come out at 10:30 a.m. ET. A draw down on crude inventories historically results in a rise in prices, while a build usually sends prices lower. A late-day release that has the potential to move markets in the last hour is consumer credit for January, set to be released at 3 p.m. ET. Analysts are expecting between $10 billion and $12.5 billion, compared with the previous $19.5 bilion.
|
|
|
Post by ask2lern on Mar 7, 2012 7:35:15 GMT -5
From www.optionmonster.com .......................GLTA SPX drop sends VIX surging above 20The CBOE Volatility Index finished the day up 15.62 percent to 20.87 as the S&P 500 was fell 21 points to 1343. The VIX came in off its high of 21.25 in the early afternoon as the SPX bounced off its low of 1340. The two indexes usually move inversely. The VIX futures were up across the board, though by diminishing percentages in later months. The March futures were up 11.4 percent to 22.45; the April futures were up 6.8 percent to 25.25; and the August futures were up just 0.7 percent to 28.80. The VIX-based exchange-traded funds and notes continue to show unusual activity. The iPath S&P 500 VIX Short-Term Futures (VXX) exchange-traded note was up 8 percent while the ProShares Trust Ultra VIX Short (UVXY) exchange-traded fund was up 15.6 percent, both expected returns. But the VelocityShares Daily 2X VIX Short-Term (TVIX) exchange-traded note, which should have a return in line with the UVXY, was up only 5.44 percent just when a pop would have been expected.
|
|
|
Post by kryptos2009 on Mar 7, 2012 8:15:26 GMT -5
Thanks Ask!!!!! Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. XLF PP=14.49 MP=14.54 R1=14.58 MP=14.65 R2=14.71 MP=14.82 R3=14.93 MP=15.04 R4=15.15 MP=14.43 S1=14.36 MP=14.32 S2=14.27 MP=14.16 S3=14.05 MP=13.94 S4=13.83 O=14.58 H=14.62 L=14.4 C=14.45 FAS PP=87.00 MP=87.69 R1=88.37 MP=89.46 R2=90.55 MP=92.32 R3=94.10 MP=95.87 R4=97.65 MP=85.91 S1=84.82 MP=84.14 S2=83.45 MP=81.67 S3=79.90 MP=78.12 S4=76.35 O=88.67 H=89.17 L=85.62 C=86.2 FAZ PP=26.62 MP=26.91 R1=27.20 MP=27.40 R2=27.59 MP=28.07 R3=28.56 MP=29.04 R4=29.53 MP=26.43 S1=26.23 MP=25.94 S2=25.65 MP=25.16 S3=24.68 MP=24.19 S4=23.71 O=26.16 H=27 L=26.03 C=26.82 SPY PP=134.85 MP=135.09 R1=135.33 MP=135.63 R2=135.92 MP=136.45 R3=136.99 MP=137.52 R4=138.06 MP=134.56 S1=134.26 MP=134.02 S2=133.78 MP=133.24 S3=132.71 MP=132.17 S4=131.64 O=135.35 H=135.43 L=134.36 C=134.75 SPG PP=137.18 MP=137.47 R1=137.75 MP=138.25 R2=138.75 MP=139.54 R3=140.32 MP=141.11 R4=141.89 MP=136.68 S1=136.18 MP=135.90 S2=135.61 MP=134.83 S3=134.04 MP=133.26 S4=132.47 O=137.34 H=138.19 L=136.62 C=136.74 GS PP=114.34 MP=114.96 R1=115.57 MP=116.52 R2=117.47 MP=119.04 R3=120.60 MP=122.17 R4=123.73 MP=113.39 S1=112.44 MP=111.83 S2=111.21 MP=109.65 S3=108.08 MP=106.52 S4=104.95 O=116.12 H=116.24 L=113.11 C=113.67 JPM PP=39.44 MP=39.60 R1=39.75 MP=39.97 R2=40.19 MP=40.56 R3=40.94 MP=41.31 R4=41.69 MP=39.22 S1=39.00 MP=38.85 S2=38.69 MP=38.31 S3=37.94 MP=37.56 S4=37.19 O=39.45 H=39.87 L=39.12 C=39.32 MS PP=17.46 MP=17.57 R1=17.68 MP=17.86 R2=18.04 MP=18.33 R3=18.62 MP=18.91 R4=19.20 MP=17.28 S1=17.10 MP=16.99 S2=16.88 MP=16.59 S3=16.30 MP=16.01 S4=15.72 O=17.77 H=17.82 L=17.24 C=17.32 C PP=32.28 MP=32.54 R1=32.79 MP=33.13 R2=33.46 MP=34.05 R3=34.64 MP=35.23 R4=35.82 MP=31.95 S1=31.61 MP=31.36 S2=31.10 MP=30.51 S3=29.92 MP=29.33 S4=28.74 O=32.76 H=32.95 L=31.77 C=32.12 VIX PP=20.79 MP=21.04 R1=21.29 MP=21.51 R2=21.73 MP=22.20 R3=22.67 MP=23.14 R4=23.61 MP=20.57 S1=20.35 MP=20.10 S2=19.85 MP=19.38 S3=18.91 MP=18.44 S4=17.97 O=20.57 H=21.24 L=20.3 C=20.84 UUP PP=22.22 MP=22.24 R1=22.25 MP=22.26 R2=22.26 MP=22.28 R3=22.30 MP=22.32 R4=22.34 MP=22.22 S1=22.21 MP=22.20 S2=22.18 MP=22.16 S3=22.14 MP=22.12 S4=22.10 O=22.23 H=22.24 L=22.2 C=22.23 FROM: www.econoday.comEconomic Events & Analysis - 03/07/2012 Wednesday7:00 AM ET MBA Purchase Applications 7:30 AM ET Challenger Job-Cut Report 8:15 AM ET ADP Employment Report 8:30 AM ET Productivity and Costs 10:30 AM ET EIA Petroleum Status Report 3:00 PM ET Consumer Credit 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 Clinton SPX on Mar 7, 2012 9:20:22 GMT -5
wow did oil just drop
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:34:56 GMT -5
guy on bloom trying to scare everyone on Greece
|
|
|
Post by jack on Mar 7, 2012 9:37:36 GMT -5
Sold my AAPL long: +79%
;D
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:42:16 GMT -5
Oil still dropping oh damn <sarc>
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:43:17 GMT -5
JPM looking solid so far
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:43:51 GMT -5
2 tails on Gold silver
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:44:36 GMT -5
come on mr market you can rally
|
|
|
Post by jack on Mar 7, 2012 9:44:44 GMT -5
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:46:11 GMT -5
JPM HOD go baby go
|
|
|
Post by jack on Mar 7, 2012 9:46:54 GMT -5
come on mr market you can rally Mr Market (the SPY) now at its 50ma(10min).....BELOW it.
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:47:09 GMT -5
now Jack you know I dont call wicks tails tails are always bullish (unless they dont confirm)
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:49:24 GMT -5
euro may ruin this though
|
|
|
Post by jack on Mar 7, 2012 9:50:13 GMT -5
now Jack you know I dont call wicks tails tails are always bullish (unless they dont confirm) I'm gonna write that down!
|
|
|
Post by timber on Mar 7, 2012 9:50:58 GMT -5
funny how it bounced off 1340 exactly just like they told me it would.....according to most we should get some more downside this month before heading up again....but im not shorting anything at the moment
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:51:36 GMT -5
JPM new HOD
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:52:50 GMT -5
topping tail is an oxymoron that I dont use
|
|
|
Post by jack on Mar 7, 2012 9:52:52 GMT -5
now Jack you know I dont call wicks tails tails are always bullish (unless they dont confirm) I'm gonna write that down! ....but I must say that I will miss using "topping tails"....reminds me of younger days somehow I guess...
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:53:43 GMT -5
JPM is gonnadrag this market up PPT in action
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:54:55 GMT -5
VIX LOD
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:55:28 GMT -5
and there go the algos JPM did it weeeeeeeeeeeeeeeeeeeeeeeeeeeeee
|
|
|
Post by jack on Mar 7, 2012 9:56:09 GMT -5
SPYs thru its 50ma10min
|
|
|
Post by Clinton SPX on Mar 7, 2012 9:58:54 GMT -5
transports blinking HOD good sign
|
|
|
Post by Clinton SPX on Mar 7, 2012 10:03:11 GMT -5
traders on Bloom saying super tuesday gave clarity. Really? so full of shit
|
|
|
Post by jack on Mar 7, 2012 10:04:16 GMT -5
Not much room for the $USD to lose before it (UUP) hits its 50ma(10min)....but I guess it could just cycle around here and still keep the Market happy.
|
|
|
Post by Clinton SPX on Mar 7, 2012 10:08:13 GMT -5
SPYs thru its 50ma10min bears pouncing must get over and confirm
|
|