Home Futures

0 30

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Seller

2) Range Extension                                      Seller

3) Public went home as a…                         Seller

4) Buying-Selling Tails                                Seller

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Bearish

Comments:  This shows a bearish bias with a “neutral” profile

ATTEMPTED PERFORMANCE:

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

Today           (1.167 million) … LOWER vs. the prior day

5-day Avg.   (1.332 million) … LOWER vs. the average

2) Value Area: Overlapping-to-lower

3) VA Width: Narrower

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish                                                                                                                          

POTENTIAL RESULTS: LEI data will be released 30min after the open.  The ES is very close to a new record high, so watch for early strength.

(HVA)Support =     2578.25 to 72.50, 2568.50 to 66.75 … none

(HVA)Resistance = 2580.00 to 83.00 … 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 63

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.

 

ATTEMPTED PERFORMANCE:

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

Today           (1.461 million) … LOWER vs. the prior day

5-day Avg.   (1.308 million) … HIGHER vs. the average

2) Value Area: Higher

       

3) VA Width: Unchanged

COMMENTS:  The VA placement was higher but unchanged 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; however, John Williams of the Fed will speak at 12:45 ET.

 

(HVA)Support =     2584.00 to 81.50, 2578.25 to 72.25, 2568.50 to 66.75

(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                                                   Seller

2) Range Extension                                      Buyer

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Both

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Mixed

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

 

ATTEMPTED PERFORMANCE:

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

Today           (1.868 million) … HIGHER vs. the prior day

5-day Avg.   (1.454 million) … HIGHER vs. the average

2) Value Area: Lower

       

3) VA Width: Wider

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: HMI data will be released 30min after the open. The data are all weak and should lead to lower prices soon.

 

(HVA)Support =     2568.50 to 66.75, 2555.75 to 53.00 … none

(HVA)Resistance = 2572.25 to 73.50, 2575.25 to 78.25, 2580.00 to 84.00

* 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                                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           (1.020 million) … UNCHANGED vs. the prior day

5-day Avg.   (1.285 million) … LOWER vs. the average

2) Value Area: Lower

       

3) VA Width: Wider

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: Business Inventories data will be released 30min after the open and Oil storage data 60min after the open. Surprisingly, the weakness persists.

 

(HVA)Support =     2568.50 to 66.75, 2555.75 to 53.00 … none

(HVA)Resistance = 2572.25 to 73.50, 2575.25 to 78.25, 2580.00 to 84.00

* 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 57

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Both

5) Open in Bull or Bear Range                    Buyer

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           (1.020 million) … LOWER vs. the prior day

5-day Avg.   (1.306 million) … LOWER vs. the average

2) Value Area: Overlapping-to-higher

       

3) VA Width: Unchanged

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released after the open. Before the open, however, this will affect the markets: Federal Reserve Chair Janet Yellen , European Central Bank President Mario Draghi, Bank of England Governor Mark Carney, and Bank of Japan Governor Haruhiko Kuroda to participate in panel discussion at the Central Bank Communications Conference in Frankfurt, Germany, with moderated Q&A.

 

(HVA)Support =     2578.25 to 76.75, 2573.50 to 72.25, 2568.50 to 66.75

(HVA)Resistance = 2580.25 to 83.50 … 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 51

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Both

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Neither

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Mixed

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

 

ATTEMPTED PERFORMANCE:

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

Today           (1.169 million) … LOWER vs. the prior day

5-day Avg.   (1.253 million) … LOWER vs. the average

2) Value Area: Inside

       

3) VA Width: Narrower

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released after the open. Last week saw some increased volatility to the downside, which makes one wonder if it will continue this week.

 

(HVA)Support =     2573.50 to 72.25, 2568.50 to 66.75, 2555.75 to 53.00

(HVA)Resistance = 2476.75 to 78.25, 2582.75 to 84.50 … 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 65

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Both

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           (2.191 million) … HIGHER vs. the prior day

5-day Avg.   (1.211 million) … HIGHER vs. the average

2) Value Area: Lower

       

3) VA Width: Wider

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: Consumer Sentiment data will be released 30min after the open. Yesterday’s volatility put in a possible reversal day because the value area was entirely lower & wider than Thur’s – with huge confirming volume. The wild card, however, is always that central bankers may choose to stop it at a moment’s notice.

 

(HVA)Support =     2573.50 to 72.25, 2568.50 to 66.75, 2555.50 to 51.75

(HVA)Resistance = 2477.50 to 78.25, 2581.75 to 84.50 … 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 66

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Both

5) Open in Bull or Bear Range                    Buyer

ATTEMPTED DIRECTION: …Bullish

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

 

ATTEMPTED PERFORMANCE:

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

Today           (1.026 million) … LOWER vs. the prior day

5-day Avg.   (1.022 million) … UNCHANGED 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, nat gas storage data comes out 60 min after the open. After a slightly higher ATH in the overnight session, the market will be very weak at the open.

 

(HVA)Support =     2578.25 to 76.75, 2573.50 to 72.25, 2568.50 to 66.75

(HVA)Resistance = 2582.75 to 84.50 … 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 67

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Seller

2) Range Extension                                      Seller

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Both

5) Open in Bull or Bear Range                    Neither

ATTEMPTED DIRECTION: …Mixed

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

 

ATTEMPTED PERFORMANCE:

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

Today           (1.126 million) … HIGHER vs. the prior day

5-day Avg.   (1.065 million) … HIGHER vs. the average

2) Value Area: Outside

       

3) VA Width: Wider

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No major economic data will be released after the open; however, oil storage data comes out 60 min after the open. Will we see the slow grind up continue to 2,600.00 Wednesday?

 

(HVA)Support =     2578.25 to 76.75, 2573.50 to 72.25, 2568.25 to 67.00

(HVA)Resistance = 2582.75 to 84.50 … 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 55

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 “neutral” profile.

 

ATTEMPTED PERFORMANCE:

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

Today           (0.754 million) … LOWER vs. the prior day

5-day Avg.   (1.042 million) … LOWER 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 MUCH lower volume.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No major economic data will be released after the open. There was no volatility Monday, so it may be on a slow grind to 2,600.00. Will it reach that number Tuesday? Janet Yellen will speak at 3pm ET and may create some vol.

 

(HVA)Support =     2578.25 to 76.75, 2573.50 to 72.25, 2568.25 to 67.00

(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.

CONNECT WITH US