Home Futures

0 116

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           (0.922 million) … HIGHER vs. the prior day

5-day Avg.   (1.041 million) … LOWER vs. the average

2) Value Area: Higher

       

3) VA Width: Overlapping-to-higher

COMMENTS:  The VA placement was overlapping-to-higher but unchanged vs. the previous day’s VA with lower volume, which normally is not very strong.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: Factory Orders will be released 30min after the open. There is no resistance b/c it’s at new ATHs, and although it is very slow, it just keeps going higher.

 

(HVA)Support =     2505.50 to 02.00, 2497.75 to 92.75 … none

(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 77

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                    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           (0.813 million) … LOWER vs. the prior day

5-day Avg.   (1.162 million) … LOWER 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, which normally is not very strong.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: PMI Services, ISM Services and Oil storage will be released 15, 30, and 60min after the open. Bullard & Yellen speak at 3 & 3:15pm ET. There is no resistance b/c it’s at new ATHs, and although it is very slow, it just keeps going higher.

 

(HVA)Support =     2505.50 to 02.00, 2497.75 to 92.75 … none

(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 70

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 variation” profile.

 

ATTEMPTED PERFORMANCE:

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

Today           (1.091 million) … LOWER vs. the prior day

5-day Avg.   (1.222 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 lower volume, which normally is not very strong.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No economic data is scheduled for Tuesday.  There is no resistance b/c it’s at new ATHs, and although it is very slow, it just keeps going higher.

 

(HVA)Support =     2505.50 to 02.00, 2497.75 to 92.75 … none

(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 86

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 variation” profile.

 

ATTEMPTED PERFORMANCE:

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

Today           (1.301 million) … HIGHER vs. the prior day

5-day Avg.   (1.303 million) … UNCHANGED 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 better volume.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: PMI Mfg, ISM Mfg, and Construction Spending data will be released 15 & 30min after the open. There is no resistance b/c it’s at new ATHs, but now that the Q is over, I wonder if we’ll see some profit taking Monday.

 

(HVA)Support =     2505.50 to 02.00, 2497.75 to 92.75 … none

(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 91

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Buyer

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Neither

5) Open in Bull or Bear Range                    Buyer

ATTEMPTED DIRECTION: …Bullish

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

 

ATTEMPTED PERFORMANCE:

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

Today           (1.077 million) … LOWER vs. the prior day

5-day Avg.   (1.241 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 less volume.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: Chicago PMI and Consumer Sentiment data will be released 15 & 30min after the open. Friday is the close of the month and the QUARTER, so there may be more window dressing ahead (higher $).

 

(HVA)Support =     2505.50 to 02.00, 2498.00 to 91.25 … none

(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.

0 102

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Seller

2) Range Extension                                      Both

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Buyer

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           (1.592 million) … HIGHER vs. the prior day

5-day Avg.   (1.245 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 better volume.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bullish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released after the open. With a brand new ATH one wonders: will the market go for more?

 

(HVA)Support =     2498.00 to 91.25 … none

(HVA)Resistance = 2502.00 to 05.50 … 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 92

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Neither

2) Range Extension                                      Seller

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Buyer

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           (1.111 million) … LOWER vs. the prior day

5-day Avg.   (1.178 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 = Bearish

                                                                                                                                

POTENTIAL RESULTS: Pending Home Sales & Oil storage data will be released 30 & 60min after the open. Later, Bullard of the Fed will speak at 1:30 ET.

 

(HVA)Support =     2497.25 to 91.25, 2486.00 to 84.50, 2478.00 to 75.25

(HVA)Resistance = 2501.25 to 05.50 … 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 99

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Buyer

2) Range Extension                                      Seller

3) Public went home as a…                         Buyer

4) Buying-Selling Tails                                Both

5) Open in Bull or Bear Range                    Seller

ATTEMPTED DIRECTION: …Mixed

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

 

ATTEMPTED PERFORMANCE:

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

Today           (1.498 million) … HIGHER vs. the prior day

5-day Avg.   (1.142 million) … HIGHER vs. the average

2) Value Area: Overlapping-to-lower

       

3) VA Width: Wider

COMMENTS:  The VA placement was overlapping-to-lower and wider vs. the previous day’s VA with better volume. This is bearish, but there was also a very strong close.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: New Home Sales & Consumer Confidence data will be released 30min after the open. Also, Brainard of the Fed will speak at 10:30 ET and Yellen at 12:45 ET.

 

(HVA)Support =     2497.25 to 91.25, 2486.00 to 84.50, 2478.00 to 75.25

(HVA)Resistance = 2501.25 to 05.50 … 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 92

 

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 “neutral” profile.

 

ATTEMPTED PERFORMANCE:

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

Today           (0.991 million) … LOWER vs. the prior day

5-day Avg.   (1.095 million) … UNCHANGED vs. the average

2) Value Area: Outside-to-lower

       

3) VA Width: Narrower

COMMENTS:  The VA placement was overlapping-to-lower but narrower vs. the previous day’s VA with lower volume. This is not very bearish.

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: No economic data will be released; however, Charles Evans of the Fed will speak at 12:40 ET and could move the market.

 

(HVA)Support =     2497.75 to 96.50, 2495.00 to 91.25, 2486.00 to 84.50

(HVA)Resistance = 2501.25 to 05.50 … 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 99

ATTEMPTED DIRECTION:        BUYER    or    SELLER

1) Rotation                                                   Seller

2) Range Extension                                      Seller

3) Public went home as a…                         Neither

4) Buying-Selling Tails                                Seller

5) Open in Bull or Bear Range                    Seller

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           (1.096 million) … UNCHANGED vs. the prior day

5-day Avg.   (1.116 million) … UNCHANGED vs. the average

2) Value Area: Outside-to-lower

       

3) VA Width: Narrower

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

Monthly Trend = Bullish

Weekly Trend = Bullish

Daily Trend = Bearish

                                                                                                                                

POTENTIAL RESULTS: PMI Flash data will be released 30min after the open. The FOMC  meeting is over and the announcement did not move the markets. Will there be a delayed reaction?

 

(HVA)Support =     2495.25 to 90.00, 2478.00 to 75.25, 2451.75 to 00.25

(HVA)Resistance = 2501.00 to 05.75 … 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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