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Daily Support & Resistance and Economic Data to be Released, October 12th 2010

 

Daily Support & Résistance Levels Mini-S&P 500 Futures
Dec. 10
Mini-Nasdaq 100 Futures
Dec. 10
Mini-Dow Futures
Dec. 10
Mini Russell 2000 Futures
Dec.10
30-year US Bond Futures
Dec. 10
10-Year US Note
Futures Dec. 10
Support 3 1146.00 1989.00 10770 675.90 13209 12607
Support 2 1150.50 2006.00 10851 680.00 13300 12625
Support 1 1155.50 2016.50 10897 684.00 13326 12703
Resistance 1 1165.00 2035.00 10984 696.90 13519 12722
Resistance 2 1171.25 2051.00 11010 701.60 13612 12727.5
Resistance 3 1174.75 2063.00 11115 707.40 12627 12810.5
Daily Support & Resistance Levels
Gold Futures
Dec.2010
Silver Futures
Dec. 2010
Copper Futures
Dec. 2010
Crude Oil Futures
Nov. 2010
Euro Curr.
Dec. 2010
Dollar Index
Dec. 2010
Support 3 1308.5 22.35 3.720 80.30 1.3667 .7705
Support 2 1326.0 22.86 3.750 80.88 1.3740 .7748
Support 1 1341.0 22.96 3.780 81.55 1.3767 .7773
Resistance 1 1356.0 23.31 3.800 82.48 1.3831 .7799
Resistance 2 1366.0 23.40 3.822 83.50 1.3864 .7817
Resistance 3 1375.0 23.67 3.867 84.43 1.3924 .7878

Updated: 12-Oct-10 7:59 ET

This Week’s Calendar

Click on a “Release” for Insight

Date ET Release For Actual Briefing.com Consensus Prior Revised From
Oct 12 14:00 Minutes of FOMC Meeting 9/21
Oct 13 07:00 MBA Mortgage Applications 10/08 NA NA -0.2%
Oct 13 08:30 Export Prices ex-ag. Sep NA NA 0.5%
Oct 13 08:30 Import Prices ex-oil Sep NA NA 0.3%
Oct 13 10:30 Crude Inventories 10/09 NA NA 3.09M
Oct 13 14:00 Treasury Budget Sep -$32.0B -$33.5B -$46.6B
Oct 14 08:30 Initial Claims 10/09 450K 450K 445K
Oct 14 08:30 Continuing Claims 10/02 4450K 4450K 4462K
Oct 14 08:30 PPI Sep 0.1% 0.2% 0.4%
Oct 14 08:30 Core PPI Sep 0.1% 0.1% 0.1%
Oct 14 08:30 Trade Balance Aug -$40.0B -$44.5B -$42.8B
Oct 15 08:30 CPI Sep 0.1% 0.2% 0.3%
Oct 15 08:30 Core CPI Sep 0.1% 0.1% 0.1%
Oct 15 08:30 Retail Sales Sep 0.2% 0.4% 0.4%
Oct 15 08:30 Retail Sales ex-auto Sep 0.1% 0.4% 0.6%
Oct 15 08:30 NY Fed – Empire Manufacturing Survey Oct 3.0% 5.75 4.10
Oct 15 09:55 Mich Sentiment Oct 67.0 68.5 68.2
Oct 15 10:00 Business Inventories Aug 0.4% 0.5% 1.0%

12. OCT. 2010 – Today´s Highlighted Splits

SYMBOL COMPANY EVENT TITLE EPS ESTIMATE EPS ACTUAL PREV. YEAR ACTIVITY DATE/TIME (ET)
INTC Intel Corporation Q3 2010 Intel Corporation Earnings Release $ 0.50 n/a $ 0.33 12-Oct
CSX CSX Corporation Q3 2010 CSX Corporation Earnings Release $ 1.04 n/a $ 0.74 12-Oct AMC
FAST Fastenal Q3 2010 Fastenal Earnings Release & September 2010 Sales Release $ 0.50 n/a $ 0.32 12-Oct BMO
VOXX Audiovox Corporation Q2 2011 Audiovox Corporation Earnings Release $ 0.00 n/a $ 0.04 12-Oct AMC
DIET eDiets.com, Inc. Preliminary Q3 2010 eDiets.com, Inc. Earnings Release n/a n/a n/a 12-Oct BMO
AIP.L AIR PARTNER Preliminary 2010 AIR PARTNER Earnings Release n/a n/a n/a 12-Oct BMO

Important Please Note:

Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits.. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Readers are urged to exercise their own judgment in trading!

Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.

IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCONTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Please read the FULL DISCLAIMER at the the end of this message. These are risky markets and it is important that you will be aware of all risks of trading futures and limitations of hypothetical trading.

Disclaimer:

1. Obviously in less liquid markets, fills from market orders may vary, but the stops should not be altered.

2. Final calculations do not include slippage.

3. The NFA requires us to state and I fully agree that “HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OF LOSSES SIMILAR TO THOSE SHOWN.”

4. These are NOT trading recommendations unless we discuss it together. They are intended only as potential trade ideas based on the market’s own performance in the past, but past performance is not necessarily indicative of future results. Futures trading involves substantial risk of loss.

5. For prospects who are not trading through me, you are receiving this as my way of trying to gain your business. Sooner or later I will reserve this service for CLIENTS ONLY. Also keep in mind, that only clients get the intraday alerts when and if they occur.

6. Each one of you is different. You have different risk tolerance, different account size and different trading experience. Unless we speak on a one on one basis, I recommend treating this e-mail as trade ideas only.

 

Tags: > > > > > > > > > Posted in: Future Trading News   | Futures Trading  

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