OUR TRADES FOR

March, 2009

= Direction Accuracy 

We risk 1 point from the stop
 
03/31 Tuesday   
 

Globex> Stop 792, short side. (stopped out)

Opening> Stip 787.50, buying bias.

09:00> Stop 790.50, buying bias, target 804, 814

11:30> Stop 798, buy side target 813

11:35> There is a profit taking timing at 11:50

12:35> Resistance 802, short side, target 792-791 sure target.

 Range: G-L 783, G-H 793.75; D-L 789.50; D-H 807, Close 790.50
03/27 Friday   
 

Globex> Support 823.50, buy side. (stopped out)

Opening> Support 812, buy side; Resistance 825 short side.

Midday> Resistance 823, short side.

Afternoon> Resistance 821, short side.

 Range: G-L 813.50, G-H 830; D-L 808.75; D-H 822, Close 815.50
03/26 Thursday   
 

Globex> Support 780, still buying bias, target 828-830

Opening> Stop 823, short scalping to target 813-812; then reverse to buy side with 812 stop.

09:45> Stop 816, still buying bias, target 828-830.

11:45> Stop 816,  still buying bias, target 82-830

 Range: G-L 807, G-H 822; D-L 811; D-H 830.50, Close 827.25
03/25 Wednesday   
 

Globex> Main trend is still up, short side for scalping only. Resistance 808, short side.

Opening> Stop 812, short side. (stopped out)

09:26> Resistance 818, short side, target 808-807. Breakout pivot at 807 for target 802. Use 801 stop for buy side target 807; 808 is short side trailing. (buy side 1/2 profit and 1/2 stopped out)

11:15> Stop 803, short side target 792.

11:40> Support 783 for buy side.

11:56> It is just a correction for 30 pts or 40 points, correction target 790, 78x; after correction it will go new higher high.

 

 

 Range: G-L 801.25, G-H 810.25; D-L 787; D-H 823.50, Close 808.25
03/23 Monday   
 

Globex> Resistance 790.50 for shorting

06:15> Stop 775 for buy side; 790.50 resistance for short scalping,

06:30> Agg stop 787, short scalping, target 780-778. (1/2 profit, 1/2 stopped out)

11:00> Stop 791.50, buy side, target MOC high or 820-823 (sure target)

 

 

 Range: G-L 765.50, G-H 790.50; D-L 780.50; D-H 821, Close 817.75
03/20 Friday   
 

Globex 1:30PM > Resistance 783, short side ,target 772; Support 770, buy side.

First correction target is 771; 2nd correction target 760.

06:30> Resistance 788, shorting bias, target 780, 773.

 

 

 Range: G-L: 771, G-H 785; D-L 761.50; D-H 785.50, Close 763.50
03/19 Thurday 
 

Globex> Resistance 793, 795 for shorting; Support 777, buy side

06:30> Resistance 802-803, try to short higher high (yesterday's high) for target 791.50 (gap filling)

07:15> Short bounce again with 795 resistance for target 782.

10:30> Resistance 790.50 for shorting.

12:00> Resistance 788, shorting bias.

 

 Range: G-L 783.50, G-H 800.25. D-L 777.25; D-H 801.50, Close 780
03/18 Wednesday  FOMC (to print more money)
 

Globex> Support 760, buy side, target 788-790

06:30> Support 758, buying bias, target 788-790

11:10> FOMC, we favor buy side with 770 stop for spike-up.

 

 Range: D-L 762; D-H 800.75, Close 791.50
03/17 Tuesday 
 

Globex> Support 748, buying bias, target 766, or testing Monday's high 671.50 one more time.

06:30> Agg stop 49.50 for buy side, target gap filling; Stop

06:42> Stop 48, buying bias, target 766. (Stopped out)

06:53> Stop 74, buying bias, target 766.

07:02> Stop 46, 48, 50, buying bias, target 766.

09:30> Support 754, buying bias.

11:30> Stop 755.25, buyinng bias.

11:40> Support 758.50, buying bias, target 769

12:30> Stop 762, buy side, MOC high target (773-775)

 

 Range: G-L 749.50, G-H 759.25. D-L 746; D-H 776.75, Close 775.75
03/13 Friday 
 

Globex> IF 740 intact by midnight, then support 740, buying bias, target 757, 770

06:30> Expected trading range 740-760 or 742-765

 

 Range: G-L 754.50, G-H 758.25. D-L 739; D-H 755.75, Close 755
03/12 Thursday    (Trading June contract from today)
 

Globex> Support 705 (June contract) for buying bias, target 747 (sure target as said on Monday, Tuesday)

Range:

G-L 708, G-H 729. D-L 710.50; D-H 750, Close 748.50

   
03/10 Tuesday   
 

Globex> Monday's close is above ths 674 pivot. Not bearish. Monday's pull back is nothing but for double bottom testing. We do not want to short at low, still favor buy side.

06:25>  Resistance 694 for short side target 684 with agg stop 691; then support 680 for reversing to buy side. (1/2 profit and 1/2 stopped out)

06:32> Today will be MOC up and it will be short traders' nightmare.

08:00> Support 700, buy side, target 713, 718

09:30> Support 702, 705 buying bias, target 722, 728

11:00> Support 706, buying bias, target 718, 722.

12:00> Higher high before 12:45.

Final hour> Target 747 is a sure target in this week

Range:

G-L 673.75, G-H 692. D-L 690.25; D-H 721.75, Close 715.75

   
03/09 Monday    Market will rally at least 3~4 weeks
 

Globex> Support 674 for buy side. (stopped out)

06:25> Try buy side first with 670 support.

06:34> Stop 674, buying bias, target 688

07:00> Stop 680, buy side, target 688.

08:00> Stop 682, buy side, (stopped out 1 pt)

09:00> Stop 693, shorting bias.

10:42> Stop 80.75 or 84.50 for short side.

12:39> Sstop 63.25, buy side (stopped out)

 

Range:

G-L 670.75, G-H 694.25. D-L 672.00; D-H 694.75, Close 675.75

   
03/06 Friday    (We called 666 bottom 2 weeks ago.)
 

Globex> Try to reverse to short at around midnight if it is testing 92-93. Short side target is 668-667; if this 688 is intact by midnight, it will be stop for shorting.

Resistance 693 for short side; Support 666 for buy side.

06:25> IF it opens below 690.50 then short with 90.50 stop for gap filling first target .(1/2 profit, 1/2 stopped out)

06:53> Stop 693 buy side. (stopped out)

06:56> 692 violation = shorting bias again. Timing after 6:55 for shorting.

07:05> Stop 693, shorting bias, target 667.

12:03> Stop 665.75-666.00 try to buy again.

12:13> There is a strategy... buying lower low 1 tick it will bounce to 12;45.

 

Range:
G-L 678, G-H 694.25. D-L 665.75; D-H 699.25, Close 688.25
   
03/04 Wednesday   
 

Globex 4:10PM> Support 683, buy side, target 693, 698

06:30> Stop 712.25 or 709 for shorting bais after opening target 698 and reverse to buy side with 696 support.

09:30> Stop 702.25, buying bias, target 716.50 and 723

12:00> Stop 725, try to short after 12:15 for target 718

12:39> BA can hold short with trailng for target 714 or hold it for Globex, 15 points plunge is possible.

 

Range:
G-L 683.50, G-H 708.25. D-L 699; D-H 723.75, Close 708.
   
03/03 Tuesday   
 

Globex> Support 700, buy side, target 712-714

06:04> Stop 715, short side, target  705.50.

06:30> Gap filling 705.50 for sure; 700 breakout for target 693

07:30> Stop 709.25, shorting 708.25, target 693 and support 692 for reversing to buy side.

11:15> Support 700 for target 708.50;

11:30> Timing 11:45 for buy side profit taking sell off and 12:00 resistance 711 for shorting, target 700-768.

12:30> Resistance 700, try to short 12:55.

 

Range:
G-L 703.50, G-H 715.25. D-L 689.50; D-H 712, Close 689.50
   
03/02 Monday   
 

Globex> Last Friday's closing was bearish, target 700 is valid

06:30> Stop 726, short side, target 712, 703.

10:00> Stop 701.50, buy side for target 711-712; Resistance 715 for short side again, target 700-698

 

Range:
G-L 713.50, G-H 723.50. D-L 698.50; D-H 724.25, Close 705
   
02/27 Friday   
 

Globex> Support 750, buy side for target 755, 758; if this 758.50 is intact by midnight, then reverse to short side after midnight for target 740

05:30> Support 726 for buy side.

Midday> Resisatnce 750 for short side.

Final 30 mins> Resistance 750 for short side.

Final 15 mins> Resistance 743 for short side, target 733.50.

Range:
G-L 750, G-H 755.50. D-L 729; D-H 751, Close 733
   
 
xx/xx  
 

Globex>

06:30>  

[Range: Low  , High  , Close ]

   
 
 

©1999~2009 SP500guru.com All rights reserved. Unauthorized access is prohibited.