Daily Support & Resistance and Economic Data to be Released, October 22nd 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 1167.25 2051.50 11014 688.10 12926 12528
Support 2 1172.00 2066.00 11053 692.70 13025 12602
Support 1 1175.00 2076.00 11077 695.60 13109 12610
Resistance 1 1186.25 2104.75 11164 709.50 13129 12621
Resistance 2 1189.50 2118.00 11213 711.70 13210 12628
Resistance 3 1196.75 2133.00 11289 719.70 13230 12707
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 1273.7 21.36 3.695 79.90 1.3763 .7634
Support 2 1300.7 22.21 3.720 80.72 1.3819 .7706
Support 1 1315.6 23.16 3.752 81.11 1.3850 .7740
Resistance 1 1334.0 23.37 3.850 81.87 1.4042 .7795
Resistance 2 1343.0 23.65 3.868 82.49 1.4100 .7802
Resistance 3 1360.0 24.15 3.880 83.10 1.4156 .7861

Updated: 22-Oct-10 07:55 ET

This Week’s Calendar

Date ET Release For Actual Briefing.com Consensus Prior Revised From
Oct 25 10:00 Existing Home Sales Sep NA NA 4.25M 4.13M NA
Oct 26 09:00 Case-Shiller 20-city Index Aug NA NA NA 3.18% NA
Oct 26 10:00 Consumer Confidence Oct NA NA NA -0.5% NA
Oct 26 10:00 FHFA Home Price Index Aug NA NA 1.4 -0.7 NA
Oct 27 7:00 MBA Mortgage Applications 10/22 NA NA NA -10.5% NA
Oct 27 8:30 Durable Orders Sep NA NA 0.8% 4.13M -1.3%
Oct 27 8:30 Durable Orders – ex transporation Aug NA -0.2% 4.25M 2.0% NA
Oct 27 10:00 New Home Sales Sep NA NA 297K 288K NA
Oct 27 10:30 Crude Inventories 10/23 NA NA NA 0.667M NA
Oct 28 8:30 Initial Claims 10/23 NA NA NA 452K NA
Oct 28 8:30 Continuing Claims 10/16 NA NA NA 4441K NA
Oct 29 8:30 GDP-Adv. Q3 NA NA 2.4% 1.7% NA
Oct 29 8:30 Chain Deflator-Adv. Q3 NA NA NA 1.9% NA
Oct 29 8:30 Employment Cost Index Q3 NA NA 0.5% 0.5% NA
Oct 29 9:45 Chicago PMI Oct NA NA NA 60.40 NA
Oct 29 9:55 Michigan Sentiment – Final Oct NA NA 68.0 67.9 NA

22. OCT. 2010    Today´s Highlighted Earnings Releases

SYMBOL COMPANY EVENT TITLE EPS ESTIMATE EPS ACTUAL PREV. YEAR ACTIVITY DATE/TIME (ET)
HON Honeywell Q3 2010 Honeywell Earnings Release $ 0.62 n/a $ 0.80 22-Oct BMO
SLB Schlumberger Q3 2010 Schlumberger Earnings Release $ 0.70 n/a $ 0.65 22-Oct 6:00 AM
DOV Dover Corporation Q3 2010 Dover Corporation Earnings Release $ 0.90 n/a $ 0.58 22-Oct 7:00 AM
EXC Exelon Corporation Q3 2010 Exelon Corporation Earnings Release $ 1.10 n/a $ 0.96 22-Oct
VZ Verizon Q3 2010 Verizon Earnings Release $ 0.54 n/a $ 0.60 22-Oct 7:30 AM
KEY KeyCorp Q3 2010 KeyCorp Earnings Release $ 0.03 n/a -$ 0.52 22-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 Broker   | Futures Exchange  

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