Friday’s Trading Levels
Friday, July 30th, 2010 Posted in Uncategorized | No Comments »Good Morning, Wow has this week/month flown by! It's hard to believe that today is already the last day of July. But truth be told, it was a great month for equity index futures. ES U10 and TF U10 are ...
Thursday’s Trading Levels
Thursday, July 29th, 2010 Posted in Uncategorized | No Comments »Good morning This morning the Government release this week's Jobless Claims. Initial Claims fell 7000 to 457K vs 460K expected. Continuing Claims were 4.56 million vs 4.50 million expected. This isn't really having an effect on markets. Equity index futures are up ...
Tuesday’s Trading Levels
Tuesday, July 27th, 2010 Posted in Uncategorized | No Comments »Good Morning Traders If you take a look at the Weekly Pivots that I posted yesterday, you'll notice that equity index futures are all trading above their respective Pivots and above their Second Resistance (R2). We know two things from ...
Trading Levels for the Day and Week Starting July 26th
Monday, July 26th, 2010 Posted in Uncategorized | No Comments »Good Morning All Welcome back to another week of trading with Pivot for Profits. Equity markets will have little to key on this morning following a tremendous rally last week. However New Homes Sales Data is due out at 9:00 CST. This report ...
Trading Levels for the Week Starting July 19th
Monday, July 19th, 2010 Posted in Uncategorized | No Comments »Good Morning Traders Please excuse my absence but I was struck with a medical condition that makes it painful for to sit, stand or lie on my back. Although still recovering, I should be back full time this week. Nothing ...
Friday’s Trading Levels
Friday, July 9th, 2010 Posted in Uncategorized | No Comments »Good Morning Below you'll find my trading levels for today. I'm including my Weekly Levels to illustrate the following comments. If you have questions or suggestions, feel free to contact me directly via email at ruria@manducatrading.com or toll free at ...
Thursday’s Trading Levels
Thursday, July 8th, 2010 Posted in Uncategorized | No Comments »Good morning Traders Isn't this summer heat great?! I'm sure they think so on the east coast. Yesterday I noted some signs that there could be a "modest intraday rally in equities". Well it wasn't so modest and when the buy ...
Commentary and Trading Levels
Wednesday, July 7th, 2010 Posted in Uncategorized | No Comments »Good morning I hope you all enjoyed the Fourth of July weekend. Mine was great! Yesterday, index futures had a strong opening but fizzled towards the end. For those of you who are in contact with me, I sent you and ...
Trading Levels for the Week of June 28th
Monday, June 28th, 2010 Posted in Uncategorized | No Comments »Good morning Traders Equity index futures closed well below last week's Weekly Trading Levels. This is bearish sign for stocks coming into this week , putting pressure on the current reversal in downtrend that I had noted earlier. In terms of ...
Tuesday’s Trading Levels and Monday’s Trade Idea Recap
Monday, June 21st, 2010 Posted in Uncategorized | No Comments »Monday morning I provided you with trading levels that I don't always publish, the 3rd levels of resistance for ES U10 and TF U10. Those levels were 1124.50 and 679.00 respectively. I suggested that these areas would be good areas ...