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Trades for 09/28/2007 Friday

Globex> Support 1540; resistance 1546

06:30> Stop 1546, short after 7:00 report, target 1537-36.

07:42> Possible closing 38.50-41.50.

08:50> Support 1536, buy side after 10:00, target 42-43

11:00> Try short side after 11:45

12:05> Stop 1539.25, short side, target 1533; support 1533-32

[Result: Low 1533, high 1545.50, close 1540.00]

 

Trades for 09/27/2007 Thur.

Globex> Support 1533, buying bias, target 43-44

06:30> Support 1436, buying bias.

08:00> Short resistance 42-43, target 38-37.

11:30> Support 1436, buying bias.

[Result: Low 1535.75, high 1544.50, close 1544.50]

Trades for 09/26/2007 Wed.

05:30> Support 1532, buying bias, target 41-42

08:30> Resistance 1542, short side.

09:15> Resistance 1542; short side.

09:30> Resistance 1539.25, short side.

10:50> Stop 1530, reverse to buy side at 31, target 1535-36.

12:00> Stop 1536.50, short side. (stopped out)

12:45> Resistance 39.50, short side.

[Result: Low 1528.50, high 1531.50, close 1536]

Trades for 09/25/2007 Tue.

06:30> Side line

07:40> Support 1524, buy side, target 1530.50; resistance 1532.50, short side for target 24-23

08:00> Resistance 1532.50; support 1522. Possible closing 1529.

09:30> Support 1522.

[Result: Low 1518.75, high 1531.50, close 1529]

Trades for 09/24/2007 Mon.

06:30> Resistance 1542.50, short side.

09:00> Support  43; sup 36

11:00> Resistance 37, 34.50, short side.

111:30> Resistance 1534 short side, target 28

[Result: Low 1528.00, high 1542.72, close 1531.50]

Trades for 09/21/2007 Fri.  (Quadruple Witching Day)

Globex> Agg stop 1532, short side. (stopped out)

06:30> Resistance 44, short side; Support 34-35, buy side.

08:30> Support 35, buy side

09:30> Support 37; resistance 42

10:00> Support 39; resistance 44

11:00> Resistance 42.25, short side, target 37-36.50 destined.

12:00> Try to short near 44 or 42 or 41 area. Closing above 1541 is impossible.

12:48> Market should close near day session low.

[Result: Low 1528.50, high 1544, close 1534.50 ]

Trades for 09/20/2007 Thur. 

06:30> Resistance 1540, short side. (stopped out)

07:30> Support 33, 35, buy side; Resistance 43, 45, short side.

08:00> Resistance 1542-41, short again, target 1537-36; just stay short before 10:15

10:30> Support 1533, buy 1534, target 38-39. (1/2 profit above 35.50, 1/2 breakeven)

11:36> Resistance 1534-35, short side, target 1529.

[Result: Low 1528.75, high 1542.25, close 1531.25]

Trades for 09/19/2007 Wed. 

06:30> Support 1533.50; resistance 1552. (Agg stop 1544, short side stopped out)

08:55> Resistance 1548.50, target 1544-43; 43 violation = 38.

10:00> Support 37.50; resistance 1548.50, 1554. 

12:00> Support 38.50; resistance 1548.50

[Result: Low 1531.50, high 1552, close 1541.25]

Trades for 09/18/2007 Tue.  (FOMC 0.5% rate cut) PPI better

05:30> Support 1490, buying bias, target 1505-07.

06:30> Support 1492, buying bias, target 1505-07.

08:00> Support 1496-97, buying bias, target  1505-07; if rate cut 0.5%, target 1510

11:20> Support 1505, 1510, buying bias, target 1535-37 not ruled out . MOC up closing.

12:00> Support 1515, buying bias, target 1535-37.

[Result: Low 1485, high 1534.25, close 1533.25]

Trades for 09/17/2007 Mon 

Globex> Resistance 1501; support 1485-86; it will repeat last Friday's

06:30> Resistance 1493.75, short side, target 1485 (stopped out)

07:40> Stop 1492.50, short again, target 84.50

09:30> Short 1492, target 89-88 and support 1487 for buy side.

[Result: Low 1485, high 1497.50, close 1489.75]

Trades for 09/14/2007 Fri   (Retail sales report bad.)

Globex> Resistance 1501; support 1485-86

05:00> If report is bad, agg stop 1493, shorting bias, target 1484.

06:30> Resistance 1493, short side, target 1484. (stopped out)

07:30> Side line.

[Result: Low 1485.75, high 1500, close 1497.75]

Trades for 09/13/2007 Thursday   (December contracts traded)

Globex> Good closing on Wednesday. Thursday bullish. Support 1483.00; resistance 1499.

06:30> Support 1487 buy side; resistance 1499, short side scalping and reverse.(short side stopped out)

09:00> Support 1495, buy side, target 1503 before 10:30

10:00> Support 1494-95, buy side, target 1503 befor 10:30

[Result: Low 1484.25, high 1504.25, close 1498.25]

Trades for 09/12/2007 Wednesday  

06:30> Ressistance 72, 75, short side. (short side stopped out)

08:00> Agg stop 1472, buy isde, target 1479.50 and reverse to short.

09:45> Short after 9:50-10:00 for target 1472.

11:00> Agg stop 1474.75, buy side, target higher high.

[Result: Low 1465.75, high 1481.25, close 1476.25]

Trades for 09/11/2007 Tuesday  

Globex> Resistance 1460 short side. (stopped out)

06:30> Stop 1458, buy side.

06:51> Stop 1460, buying bias, target 1466, 1470

10:00> Support 1461-62, buy side, target 1470-73

11:15> Before 11:00 1462-1467 for consolidation.

11:00> Support 1465, buy side, target 1471-73.

11:28> Do NOT try to short.

[Result: Low 1453.25, high 1474.50, close 1473]

Trades for 09/10/2007 Monday  

Globex> Resistance 1467, 62, short side, next target 1440

06:30> Resistance 1466, short first, then reverse to long; first target gap filling 58.50.

07:30> Resistance 1452-53, short side, target 1442-40. Agg stop 1450.

10:30> Resistance 53, 57, support 1446.

11:00> Support 1447, resistance 1459. (Short side stopped out.)

[Result: Low 1440.75, high 1465.50, close 1453.75]

Trades for 09/07/2007 Thursday (NFP -4k vs +130k)

05:31> Stop 1478, shorting bias, target 1466-65.

06:57> Resistance 1467, short 1466 (MA), target 1466-65.

07:33> Just hold the short for target 1456-57. Target 1450 also valid.

08:50> Side line and try to short again after 10:00. Resistance at 1462, 1467.

10:01> Resistance 1467, let's short again.

11:07> Stop trailing 1462-63, just hold the short for target 1452-50 and do NOT cut profit short.

12:02> Short again 1456 and 1458 at 12:15, target 1451-50.

12:15> Just hold the short and do not cut profit short.

12:24> Do not worry, just hold the short, 1452.50 low will be broken in next 10 mins !!

12:30> SA cover short at 52-50 and BA cover most of short, trailing 1455 violation = everyone go flat.

[Result: Low 1450.25, high 1480.25, close 1459.75]

Trades for 09/06/2007 Thursday

Globex> Support 1468, 1472; resistance 1482, 1488.

06:30> Resistance 1482, try short side first, target 1473-1472, then reverse to buy side. Possible closing range 0480-81 for today.

06:55> Do not reverse to buy side.

07:59> Agg stop 77.75, short side risking 0.50, target 1472. (Stopped out)

08:30> Support 1475, buy side, target 1483 before 9:30.

09:48> Side line.

Final hour> We favor short side tomorrow for sure target 1460-1456...

[Result: Low 1469.75, high 1484.25, close 1479.75]

Trades for 09/05/2007 Wednesday

Globex> Agg stop 1493, short side.

06:30> Resistance 1485, shorting bias, target 1472, 1468.

09:00> Resistance 1478.50, shorting bias, target 1472, 1468.

11:00> Resistance 1475.50, short side, target 68.

12:30> Resistance 1476, short side. (stopped out)

[Result: Low 1468.50, high 1489.25, close 1477]

Trades for 09/04/2007 Tueday

Globex> Still buying bias one more day.

06:30> Resistance 1489, short scalping; Support 1478, buying bias, target 1492. (short side scalping stopped out)

07:00> Support 1478-80, buying bias, target 1492

07:34> This 1492 target is destined... sure target.

08:00> Support 1484, buying bias, target 93

11:45>  Support 1487, buying bias, target 1493 and 1498 not ruled out; target 502 for tomorrow.

12:44> This 1499.25 is good enough. It is repeating last Friday's final hour sell off for target 1489.

[Result: Low 1468.50, high 1499.25, close 1489.75]

Trades for 08/31/2007 Friday

Globex> Support 1459-60, buying bias, target 1470 (1480)

06:30> Support 1470, buying bias, target 1482-83

07:30> Support 1468, buying bias, target 1483 (stopped out by 1 tick)

08:58> Support 1474.50, buying bias, target 1483

11:00>  Support 1474.50, buy pull-back again, target 1484-85; possible closing 1483 or 1475.

[Result: Low 1461.25, high 1484.75, close 1474]

Trades for 08/30/2007 Thurday

Globex> Agg stop 1468, short side, target 1452. Our favor... weak in the morning and testing 1450-52 and reverse up

06:30> Support 51; resistance 62-64.

07:00> Support 1457, buying bias, target 1471, 80.

10:30> Support 1461.75, buy side. (Stopped out)

11:30> Side line.

[Result: Low 1452.50, high 1471.50, close 1462]

Trades for 08/29/2007 Wednesday

06:30> Support 1437, buy side, target 1450, 55, 60

08:30> Support 1442, buy side, target 1450, 55, 60

10:00> Support 1445, buy side, target 1455, 60

11:00> Support 1447.50, buying bias, target 1458

11:25> How about closing eyes and buy here...(1451.50)

12:27> Stop 1457.75, buy side, target 1464, 68.

12:47> Stop 1462, buy side, target 1468

[Result: Low 1434.75, high 1467.25, close 1465]