Home Futures

0 26

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Seller

2) Range Extension                                      Seller

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Seller

ATTEMPTED DIRECTION: …Bearish

Comments:  This shows a bearish bias with a “trending” profile.

 

VOLUME & VALUE AREA:

1) Today’s ES volume compared to prior day & 5-day average

Today           (1.736 million) … HIGHER vs. the prior day

5-day Avg.   (1.262 million) … HIGHER vs. the average

2) Value Area: Overlapping-to-higher

       

3) VA Width: Wider

COMMENTS:  The VA placement was overlapping-to-higher and wider vs. the previous day’s VA with much better volume, which came in as it fell.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: HMI (housing) data will be released 30 min after the open. The Fed’s Beige Book will be released at 2 pm ET. The market set another record Tuesday but then dropped like a rock. Is it too high, or just resetting for Dow 30k?

 

(HVA)Support =     2785.00 to 81.50, 2757.50 to 56.00, 2747.75 to 46.00

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 48

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Buyer

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a bullish bias with a “trending” profile.

 

VOLUME & VALUE AREA:

1) Today’s ES volume compared to prior day & 5-day average

Today           (1.268 million) … LOWER vs. the prior day

5-day Avg.   (1.085 million) … HIGHER vs. the average

2) Value Area: Higher

       

3) VA Width: Narrower

COMMENTS:  The VA placement was higher but narrower vs. the previous day’s VA with lower volume.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released after the open. The market is still bullish, because it will open tomorrow.

 

(HVA)Support =     2747.75 to 46.00, 2743.00 to 40.00, 2726.50 to 23.75

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 61

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Buyer

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a bullish bias with a “trending” profile.

VOLUME & VALUE AREA:

1) Today’s ES volume compared to prior day & 5-day average

Today           (0.978 million) … LOWER vs. the prior day

5-day Avg.   (1.047 million) … LOWER vs. the average

2) Value Area: Higher 

3) VA Width: Wider

COMMENTS:  The VA placement was higher and wider vs. the previous day’s VA with lower volume.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish                                                                                                                              

POTENTIAL RESULTS: Business Inventories data will be released 30min after the open. The market is still bullish, because it will open tomorrow.

(HVA)Support =     2747.75 to 46.00, 2743.00 to 40.00, 2726.50 to 23.75

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 61

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a bullish bias with a “normal” profile.

 

VOLUME & VALUE AREA:

1) Today’s ES volume compared to prior day & 5-day average

Today           (1.234 million) … HIGHER vs. the prior day

5-day Avg.   (1.075 million) … HIGHER vs. the average

2) Value Area: Lower

       

3) VA Width: Unchanged

COMMENTS:  The VA placement was lower but unchanged vs. the previous day’s VA with better volume.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released after the open. Despite Wednesday’s weakness, the market is still bullish.

 

(HVA)Support =     2747.75 to 46.00, 2743.00 to 40.00, 2726.50 to 23.75

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 49

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Neither

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Mixed

Comments:  This shows no bias with a “normal” profile.

 

VOLUME & VALUE AREA:

1) Today’s ES volume compared to prior day & 5-day average

Today           (1.093 million) … HIGHER vs. the prior day

5-day Avg.   (1.040 million) … HIGHER vs. the average

2) Value Area: Higher

       

3) VA Width: Unchanged

COMMENTS:  The VA placement was higher but narrower vs. the previous day’s VA with better volume. This is normally bullish, but a good deal of the volume came in late when the ES was FALLING.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released after the open; however, James Bullard of the Fed will speak at 1:30 pm ET. Oil storage data comes out 60 min after the open.

It’s still trending higher, but slowing a bit.

 

(HVA)Support =     2747.50 to 46.25, 2742.75 to 40.00, 2726.50 to 23.75

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 49

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a bullish bias with a “normal variation” profile.

 

ATTEMPTED PERFORMANCE:

1) Today’s ES volume compared to prior day & 5-day average

Today           (0.852 million) … LOWER vs. the prior day

5-day Avg.   (1.221 million) … LOWER vs. the average

2) Value Area: Overlapping-to-higher

       

3) VA Width: Narrower

COMMENTS:  The VA placement was overlapping-to-higher but narrower vs. the previous day’s VA with lower volume.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No major economic data will be released after the open; however, Neel Kashkari of the Fed will speak at 10am ET. It’s still trending higher, but slowing a bit.

 

(HVA)Support =     2742.75 to 40.00, 2726.50 to 23.75, 2696.00 to 94.00

(HVA)Resistance = … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 63

Shares of Acorda Therapeutics (ACOR) rose +11.88% to close at 23.55 in trading on Friday due to speculation that the company may soon be bought out. The Wall Street Journal reported that Acorda is currently exploring a potential sale of the company, and the company is already facing strong competition from generic manufacturers, thus adding to the likelihood of a future sale. Keep an eye on ACOR for further developments to this story.

0 67

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Neither

2) Range Extension                                      Buyer

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Buyer

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a mildly bullish bias with a “normal” profile.

 

ATTEMPTED PERFORMANCE:

1) Today’s ES volume compared to prior day & 5-day average

Today           (1.121 million) … HIGHER vs. the prior day

5-day Avg.   (0.937 million) … HIGHER vs. the average

2) Value Area: Higher

       

3) VA Width: Narrower

COMMENTS:  The VA placement was higher but narrower vs. the previous day’s VA with higher volume.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: ISM Services and Factory Orders data will be released 30min after the open. Perhaps the market will never go down again, forever.

 

(HVA)Support =     2696.00 to 94.00, 2689.00 to 84.00, 2678.00 to 76.50

(HVA)Resistance = 2694.00 to 96.00 … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 73

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Buyer

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a bullish bias with a “normal” profile.

 

ATTEMPTED PERFORMANCE:

1) Today’s ES volume compared to prior day & 5-day average

Today           (1.058 million) … HIGHER vs. the prior day

5-day Avg.   (0.836 million) … HIGHER vs. the average

2) Value Area: Higher

       

3) VA Width: Wider

COMMENTS:  The VA placement was higher and wider vs. the previous day’s VA with higher volume.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: PMI Services, Nat Gas and Oil storage data will be released 15, 60, and 90-min after the open. It looks like the market insists on trading Dow 25,000 early in 2018; will it happen today?

 

(HVA)Support =     2696.00 to 94.00, 2689.00 to 84.00, 2678.00 to 76.50

(HVA)Resistance = 2694.00 to 96.00 … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

0 79

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Buyer

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Bullish

Comments:  This shows a bullish bias with a “normal” profile.

 

ATTEMPTED PERFORMANCE:

1) Today’s ES volume compared to prior day & 5-day average

Today           (0.950 million) … LOWER vs. the prior day

5-day Avg.   (0.695 million) … HIGHER vs. the average

2) Value Area: Overlapping-to-higher

       

3) VA Width: Narrower

COMMENTS:  The VA placement was overlapping-to-higher but narrower vs. the previous day’s VA with lower volume.

 

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: ISM Mfg and Construction Spending data will be released 30min after the open, with the FOMC Minutes at 2pm ET. It looks like the market insists on trading Dow 25,000 early in 2018.

 

(HVA)Support =     2689.00 to 84.00, 2678.00 to 76.50, 2672.00 to 70.00

(HVA)Resistance = 2694.00 to 96.00 … none

* Indicates important “chart levels” that are not HVAs.

Please use the pivot calculator in the “shared folder” for all of today’s pivots.

…  Follow @NoteFromThePit for important tradable news tweets!

 

IMPORTANT NOTICE: Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

 

DAY TRADING involves high risks and YOU can LOSE a lot of money. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical 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 or losses similar to these being shown.

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