Mini Nasdaq 100 for Your Review for November 17th 2010
Mini Nasdaq 100 daily chart for your review, we “stopped” right on the first support level, next level if we can break lower is 2023:
Futures Trading Levels and Economic Reports for November 16th, 2010
The market feels to me as if it is either ready to pick up some more momentum to the downside or that this small correction ran its course and the trend up will resume…. I am looking at the following levels and price behavior around...
Continued Increased Volatility in Futures Trading Market for November 15th 2010
Wishing all of you a great weekend and a successful trading week ahead. Last two trading days we witnessed increased volatility, which usually provides for better day-trading ranges. Understanding ahead of time what is the risk you are willing to take, accepting this risk when...
Futures Trading Levels and Economic Reports for Novemeber 9th 2010
We started out the week with slow trading day and narrow range on stock index futures. I got a “small sell signal” on mini Dow, which I would like to see a bit more down move before acting on it, simply because volume was not...
Futures Trading Levels for November 8th, 2010
Have a great weekend! GOOD TRADING! TRADING LEVELS
Futures Trading Levels and Economic Reports for November 5th 2010
Some potential levels to watch on the way up and/or on pullbacks in the mini Russell WEEKLY chart below:
FOMC Sparks True Futures Market Reaction, November 4th 2010
FOMC came and gone. market had its normal volatile two sided action but finished on the highs. I have said this before, many times you can see the “true market reaction” the day after FOMC. Tomorrow and Friday (monthly un-employment figures) should be interesting and...
Volatile Moves Expected Following Election Results from Futures Trading Market on November 3rd 2010
A BIG 24 hours lay ahead….I suspect some volatility to hit the night markets as election results come out and then we jump right into FOMC tomorrow. FOMC tomrrow around 2:15 Eastern time. FOMC days have different characteristics than other trading days. If you have...
Daily Futures Day Trading Webinar and Futures Trading Levels for November 2nd 2010
Two day FOMC starts tomorrow along with preliminary election news. Should provide for some interesting action in the second part of the trading week. In between I still don’t see a longer term or a medium term swing trading set up I like, hence I...
Futures Trading Levels and Mental Tips for October 29th 2010
To be honest I don’t have any feel for the medium term outlook of stock indices. I do like some of the intraday set ups we get in different markets such as Crude, Euro and the Mini SP. We do have some reports tomorrow and...