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 Post subject: August 12th Thursday 2010 Emini TF ($TF_F) points +13.80
PostPosted: Thu Aug 12, 2010 3:09 pm 
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Trade Journal By M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)

Trade journals are crucial in preventing us traders from becoming complacent or content with our trading plan or the markets because without having the ability to review archives of past trading days in a forever changing market...we won't know it's time to adapt when change occurs in the markets because broker statements alone doesn't help us keep that edge in comparison to a trade journal. In addition, this public trade journal contains useful trading tips a few times per week to encourage readers to return for more information and to help ensure I myself don't forget the importance of basic concepts within my own trading plan. Further, there are market summaries from Youtube Bloomberg, CNNMoney and Yahoo Finance as a quick archive of what happened in the markets on a particular day of trading. Thus, if you're looking for trading tips and market summaries that can improve your trading and/or understanding of what happen on a particular day that involves more than just entry signals...consistently read this trade journal and the #FuturesTrades chat room logs where I post my trades in real-time from entry to exit (see link below) via my IRC user name wrbtrader.

Today's #FuturesTrades chat room logs is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=77&t=595

Quote:
Today's results are 4 wins : 1 loss (see above #FuturesTrades log). The big or hugh gaps at the open on the regular trading session are still having impact on the price action after 0930am est. Simply, the big price movement are occurring in the overnight trading session or pre-market trading session. Next, the rest of the trading day is involved in low volatility price action and when a directional price movement occurs...you really need to be prepared to trade because if you miss it...the price action that follows doesn't have any good trade opportunities. Thus, I have been getting fewer trade signals the past few weeks resulting in me taking more intuition trades just to keep the pace although overall I've taken less trades in comparison to prior weeks. Don't misunderstand, this needs to be in perspective because it is the summer trading session and currently some of the big players in the U.S. markets are going through their normal vacation duration (e.g. European traders). Therefore, I'm not going to expect an improvement in the trading environment until September.


FYI - You can ask me questions here at the forum or you can tweet me on twitter about any thing related to today's trading or related to your own trading.

Image@ http://twitter.com/wrbtrader


In addition, posted below are direct links about my trade methodology or trading approach that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body analysis).

Image WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm

Image Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm

Image Daily Trade Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=120&t=731

Trade Performance for Today: +13.80 points or $1,380 dollars in the ICE Russell 2000 Emini TF ($TF_F) Futures
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1 tick or 0.10 = $10 dollars and to find out more contract information about the Russell 2000 Emini TF...click here.
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Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries. gm

Stocks Pare Some Losses But End Lower
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By Julianne Pepitone, staff reporter
August 12, 2010: 4:37 PM ET

NEW YORK (CNNMoney.com) -- Stocks closed modestly lower Thursday but recouped earlier losses, as investors digested an unexpected rise in jobless claims and Cisco Systems' cautious outlook.

The Dow Jones industrial average (INDU) lost 59 points, or 0.6%, to end at 10,319.95.

The S&P 500 (SPX) fell 6 points, or 0.5%, to end at 1,083.61, and the Nasdaq (COMP) dropped 18 points, or 0.8%, to settle at 2,190.27.

Earlier in the session, the blue-chip Dow index sank as much as 110 points. But as the day wore on, all three indexes rebounded somewhat off their lows.

"We've taken a pretty big drop this week," said Steven Goldman, market strategist at Weeden & Co. "The market has gotte really oversold, so bargain hunters are coming in."

But stocks had still struggled to rebound after earlier downbeat data.

"Cisco's earnings were not good, and coupled with initial jobless claims, we have more signs that the recession is still upon us," said Joseph Saluzzi, co-head of equity trading at Themis Trading.

Also continuing to drag down the market was the Federal Reserve's statement from Tuesday, Saluzzi said. The central bank gave its most bearish outlook in more than a year, saying the economic recovery is weakening.

"People are paying a lot of attention to what the Fed says, so a negative outlook can really dampen the market for a few days," Saluzzi added. "Two doses of bad news this morning just exacerbates the concern."

Stocks tumbled Wednesday, with the three major indexes losing more than 2.5%, after a report showed the U.S. trade gap widened and foreign data cast doubt on overseas demand for American goods.

* Don't panic. Growth is still growth

Economy: Initial jobless claims jumped unexpectedly to 484,000 last week. That's the highest number in five months.

A separate report showed that import prices jumped 0.2% in July from the prior month, and were up 4.9% from a year earlier. The advance was led by higher fuel prices.

Export prices fell 0.2% during the month, but were up 3.9% from 2009.

Companies: Cisco Systems (CSCO, Fortune 500) posted a 79% jump in quarterly profit late Wednesday, but the tech bellwether's revenue missed Wall Street's expectations. The company's sales outlook was also a slight disappointment.
0:00 /4:50Cisco hiring amid uncertainty

Cisco CEO John Chambers emphasized that while he is confident in his company's ability to continue growing, concerns such as job creation and GDP growth still lurk, and the economy has been sending "mixed signals" to Cisco's customers.

Shares of Cisco ended down almost 10%, dragging down the tech sector.

General Motors posted its second straight profitable quarter Thursday, with earnings of $1.3 billion after the payment of dividends on preferred shares held by the U.S. Treasury. That was a stark turnaround from the $12.9 billion it lost in the year-earlier period, when the company went into bankruptcy.

The results help put GM in position to move ahead with the sale of shares to the public, that is needed to repay taxpayer assistance it received last year.

GM also said chief executive Ed Whitacre will leave his post Sept. 1, to be succeeded by another auto industry outsider, former Nextel Communications CEO Dan Akerson. He will be GM's fourth CEO in just under 18 months.

Federal regulators announced BP (BP) will pay a $50 million penalty in connection with the 2005 explosion at its Texas City refinery that killed 15 workers and injured 170 others. BP shares ended 1.1% lower at $38.38.
Anxiety hangs over world markets

World markets: Markets in Asia couldn't shake economic worries and extended losses. Japan's benchmark Nikkei index fell 0.9%. The Shanghai Composite tumbled 1.2% and the Hang Seng in Hong Kong ended the day down 0.9%.

European shares recovered from deeper losses earlier in the session to end mixed. Germany's DAX closed down about 0.3%, while the CAC 40 in France fell 0.2%. Britain's FTSE 100 turned up to end 0.4% higher.

Currencies and commodities: The dollar gained against the euro, the U.K. pound, and the Japanese yen.

Oil futures for September delivery fell $2.28 to settle at $75.74 a barrel.

Gold futures for December delivery rose $17.50 to settle at $1,216.70 an ounce.

Bonds: Prices for Treasurys were mixed, with the yield on the 10-year note rising to 2.73% from 2.72% late Wednesday. Bond prices and yields move in opposite directions. The U.S. sold $16 billion worth of 30-year bonds Thursday.

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Yahoo! Finance

4:30 pm : The stock market will head into Friday with a week-to-date loss of almost 4% after an ugly jobless claims report sent stocks on their third straight slide.

Initial jobless claims for the week ended August 7 totaled 484,000, which is not only a larger tally than the 465,000 claims that had been widely expected, but it also marks the highest weekly claims count since February.

Continuing claims eased to 4.45 million from 4.57 million, but the decline is mostly due to the expiration of jobless benefits among the unemployed.

Disappointment over the data drove the S&P 500 to an opening loss of more than 1% and below its 50-day moving average for the first time in about three weeks. The Dow also dropped sharply at the open, but it was quick to bounce up from its 50-day average.

A tepid revenue forecast from Cisco (CSCO 21.36, -2.37) overshadowed its better-than-expected bottom line and caused a barrage of selling in the tech sector, which sank 1.7%. That weighed heavily on the tech-rich Nasdaq, which lagged its counterparts all day.

Stocks managed to trim some of their losses as broader market participants eased up from their selling efforts. Despite several attempts, the S&P 500 was never able to break back above its 50-day moving average near 1088.

The stock market's lackluster action led to continued support for the relative safety of the dollar. In turn, the greenback gained 0.4% in its fourth straight advance, which has culminated in a week-to-date gain of about 2.6%.

Gold also garnered support. The precious metal settled pit trade with a 1.4% gain at $1216.70 per ounce.

Treasuries failed to build on recent gains. Specifically, the benchmark 10-year Note gave up 10 ticks, while the 30-year Bond fell about 15 ticks. This afternoon's $16 billion auction of 30-year Bonds attracted strong dollar demand of $44.3 billion and a bid-to-cover ratio of 2.8, which was actually below that of the prior auction. The auction also drew a yield of 3.95%, which is slightly above both the Bond's current yield and what had been widely expected.

Trading volume remains unimpressive as barely 1 billion shares traded hands on the NYSE. Volume on the NYSE has averaged just 955 million shares for the past 10 sessions.

Advancing Sectors: Telecom (+0.9%), Materials (+0.5%), Health Care (+0.4%)
Declining Sectors: Tech (-1.7%), Industrials (-0.8%), Financials (-0.6%), Energy (-0.5%), Consumer Discretionary (-0.4%), Utilities (-0.4%), Consumer Staples (-0.2%)DJ30 -58.88 NASDAQ -18.36 NQ100 -0.7% R2K -0.6% SP400 -0.6% SP500 -5.86 NASDAQ Adv/Vol/Dec 1040/2.20 bln/1561 NYSE Adv/Vol/Dec 1292/1.01 bln/1713

3:30 pm : The CRB Commodity Index closed with a modest gain today, despite the 2.5% sell off in the energy sector. Soft commodities, led by sugar, did post a 2% gain.

Sept crude oil futures shed 2.9% to close at $75.74 per barrel, extending its sell off to a third consecutive session. Concerns about the economy and bearish fundamentals once again pressured crude futures. Note that crude oil is now down ~9% from its three month highs, set on Aug 4, at $82.97. Sept natural gas closed lower by 0.5% to $4.29 per MMBtu.

Dec gold futures ended higher by 1.4% to $1216.70 per ounce while Sept silver closed up 0.7% to $18.07 per ounce. The flight to safety supported prices in the precious metals. DJ30 -53.81 NASDAQ -16.51 SP500 -5.25 NASDAQ Adv/Vol/Dec 1079/1.8 bln/1507 NYSE Adv/Vol/Dec 1337/733.7 mln/1642

3:00 pm : Trading volume remains unimpressive as fewer than 650 million shares have been traded so far on the NYSE. At the current pace of trade it is unlikely that share volume will be anything to boast about. Share volume on the NYSE for the past 10 sessions has averaged just 955 million shares, which is well below the 200-day average of 1.21 billion.

The depressed trading volume of the past couple of weeks comes as many investors opt to remain on the sidelines amid increasing uncertainty related to the path of economic recovery and the stock market's failure to extend its rally from early summer lows. DJ30 -58.73 NASDAQ -19.82 SP500 -6.49 NASDAQ Adv/Vol/Dec 946/1.66 bln/1637 NYSE Adv/Vol/Dec 1214/649 mln/1782

2:30 pm : Cisco (CSCO 21.54, -2.19) is the worst performing name in the S&P 500 this session. It is also the most actively traded name by volume in the broader market. Such weakness on strong volume has imbued other computer and information technology plays, like NetApp (NTAP 37.49, -3.68) and Juniper Networks (JNPR 25.75, -1.92), which are the next two worst performing names in the stock market. DJ30 -63.65 NASDAQ -20.86 SP500 -7.20 NASDAQ Adv/Vol/Dec 899/1.55 bln/1650 NYSE Adv/Vol/Dec 1175/597 mln/1812

2:00 pm : Stocks have rolled over in recent trade. The move has taken all three major indices to new afternoon lows.

Oil prices have come under increased pressure as well. In turn, the price of a barrel of crude oil now stands at $76.05, down 2.5%.

Despite oil's sharp decline and a broader market pullback, the energy sector has managed to keep its loss at 0.7%, which is slightly less than that of the S&P 500. DJ30 -77.95 NASDAQ -23.53 SP500 -8.25 NASDAQ Adv/Vol/Dec 848/1.44 bln/1671 NYSE Adv/Vol/Dec 1088/550 mln/1880

1:30 pm : Results from a $16 billion auction of 30-year Bonds were released at 1:00 PM ET. The auction attracted strong dollar demand of $44.3 billion, but its bid-to-cover ratio of 2.8 was below that of the prior auction. The auction also drew a yield of 3.95%, which is slightly above both the Bond's current yield and what had been widely expected.

The auction initially saw a negative response that sent Treasuries to session lows, they have since rallied back to trade with only slight losses.

Stocks haven't shown much of a reaction to the auction results. DJ30 -53.13 NASDAQ -17.89 SP500 -5.63 NASDAQ Adv/Vol/Dec 965/1.34 bln/1549 NYSE Adv/Vol/Dec 1244/509 mln/1719

1:00 pm : The stock market has recovered a bit from a negative reaction to the latest weekly jobless claims count, but it has had difficulty pushing back above its 50-day moving average.

Renewed selling sent stocks to an opening loss of more than 1%. The effort stemmed from disappointment of the 484,000 initial jobless claims that were filed for the week ended August 7. Not only was the latest weekly tally larger than expected, it was also the highest count in nearly six months.

The early mood was also hampered by Dow component Cisco's (CSCO 21.48, -2.25) tepid top line forecast and the subsequent downgrade of its shares by analysts at Oppenheimer. Cisco's better-than-expected quarterly earnings have been shrugged off.

Tech stocks have been sharply out of favor for the entire session. The sector is currently down 1.6%, more than double the loss of any other sector.

Despite the pessimistic start to today's session and the heavy drag of tech stocks, the broader market has managed to trim its loss. However, it has had difficulty extending the move above 1086, which is just a couple of points shy of the S&P 500's 50-day moving average.

While the broader market remains mired in the red, telecom and materials stocks have shown strength. The sectors are up 0.9% and 0.8%, respectively. Telecom has been led by integrated outfits, while the materials sector has been helped by agricultural names following some encouraging data and a 1.4% rise in gold prices to $1215 per ounce.

A 0.3% gain has the dollar up in its fourth straight advance against competing currencies, or up 2.6% week-to-date. Prior to that streak, the Dollar Index had fallen almost 10% from its June high to its August low.

Treasuries are down a few ticks at the moment. Participants await results from a 30-year Bond auction at 1:00 PM ET.DJ30 -28.15 NASDAQ -10.92 SP500 -2.84 NASDAQ Adv/Vol/Dec 1159/1.24 bln/1356 NYSE Adv/Vol/Dec 1401/470 mln/1544

12:30 pm : The tech sector, which is the heaviest by market cap, continues to weigh on trade with its 1.6% loss. The sector's weakness is underpinned by a lackluster outlook from Cisco Systems (CSCO 21.36, -2.37) and the stocks subsequent downgrade by analysts at Oppenheimer.

Elsewhere in the large-cap tech space, shares of IBM (IBM 128.27, -1.56), Apple (AAPL 252.22, +2.03), and Google (GOOG 493.28, +1.54) were assigned Outperform ratings by analysts at Wells Fargo, while analysts at Citigroup upgraded shares of eBay (EBAY 21.59, +0.34). DJ30 -41.40 NASDAQ -15.12 SP500 -4.55 NASDAQ Adv/Vol/Dec 1031/1.14 bln/1453 NYSE Adv/Vol/Dec 1275/435 mln/1661

12:00 pm : The major equity averages remain in the red, but they continue to chop along near their best levels of the day.

Meanwhile, materials stocks have jumped out to a strong lead over the broader market. The sector is now up with a 0.7% gain. CF Industries (CF 84.53, +2.60) is a leader amid positive agricultural data, while Newmont Mining (NEM 57.77, +1.73) is up sharply in response to a sharp rise in gold prices to $1215 per ounce. DJ30 -42.42 NASDAQ -14.59 SP500 -4.85 NASDAQ Adv/Vol/Dec 1098/1.05 bln/1354 NYSE Adv/Vol/Dec 1278/399 mln/1630

11:30 am : Stocks have had some difficulty pushing past the session highs that they set about 30 minutes ago. Resistance against the S&P 500 comes just a couple of points beneath its 50-day moving average in the 1087 zone.

Treasuries are in the red a bit. That has helped lift the yield on the 10-year Note up further from the 14-month low of 2.68% that it set in the prior session. As for foreign issues, the yield on 10-year Japanese debt is back below 0.99%, while the 10-year German Bund currently has a yield of 2.42% and Britain's 10-year Gilt offers a yield of 3.11%. DJ30 -31.41 NASDAQ -12.80 SP500 -3.47 NASDAQ Adv/Vol/Dec 1144/945 mln/1286 NYSE Adv/Vol/Dec 1343/358 mln/1549

11:00 am : The stock market has halved its loss. By improving their position materials stocks (+0.3%) and health care stocks (+0.1%) have joined telecom (+1.1%) in higher ground.

Though the general tone of trade remains downbeat, volatility is only up fractionally at the moment. That follows a 13.5% spike in the Volatility Index during the prior session's selloff. DJ30 -46.42 NASDAQ -17.01 SP500 -5.60 NASDAQ Adv/Vol/Dec 927/812 mln/1486 NYSE Adv/Vol/Dec 1008/309 mln/1862

10:35 am : Energy markets were mixed this morning, while precious metals remain higher despite strength in the US Dollar Index.

Sept crude oil has been in negative territory all session long. Right near the open, crude put in new session lows of $76.05 per barrel and is trading just above that level in current trade at $76.43 per barrel, down 2.0%.

September natural gas was gaining momentum around 8:00am ET and pushed to new session highs of $4.36 per MMBtu. However, following this move, the energy component fell sharply, moving into the red and new session lows of $4.29 per MMBtu. Ahead of inventory data, natural gas was just below the unchanged line. Following the data, which showed a build of 37 bcf versus consensus, which called for a build of 36 bcf, natural gas fell to new session lows of $4.26 per MMBtu and is now 1.1% lower at $4.28 per MMBtu.

Precious metals have been strong all morning. December gold hit morning highs of $1218.50 and is currently trading at $1216.60 per ounce, up 1.5%. September silver pushed to highs of $18.08 per ounce this morning and is currently 1% higher at $18.08 per ounce.DJ30 -71.97 NASDAQ -26.88 SP500 -9.41 NASDAQ Adv/Vol/Dec 701/607.6 mln/1666 NYSE Adv/Vol/Dec 708/243.8 mln/2110

10:00 am : The broader market remains mired in negative territory, but telecom has managed to climb to a 0.6% gain amid strength in Dow components AT&T (T 26.70, +0.15) and Verizon (VZ 29.91, +0.35). Telecom currently represents the only major sector in higher ground.

Early weakness is most pronounced among tech stocks. The sector is down 1.8% after Dow component Cisco (CSCO 21.50, -2.23) disappointed investors last evening with a tepid revenue forecast for its first fiscal quarter of 2011. The stock was subsequently downgraded by analysts at Oppenheimer.

Advancing Sectors: Telecom (+0.6%)
Declining Sectors: Tech (-1.8%), Industrials (-1.2%), Utilities (-1.0%), Consumer Discretionary (-0.9%), Consumer Staples (-0.7%), Consumer Discretionary (-0.6%), Financials (-0.3%), Health Care (-0.2%), Materials (-0.1%)DJ30 -65.54 NASDAQ -24.98 SP500 -8.61 NASDAQ Adv/Vol/Dec 714/380 mln/1578 NYSE Adv/Vol/Dec 680/162 mln/2080

09:45 am : For the first time in about three weeks the S&P 500 has opened trade below its 50-day moving average. Meanwhile, the Dow opened right at its 50-day moving average. Both indices are trying to trim their opening losses, but weakness generally remains widespread.

Amid the more pessimistic tone of recent sessions market participants are seeking safety. That has helped drive gold prices up 1.4% to $1214.20 per ounce in the face of a stronger greenback, which has found support of its own and trades with a 0.3% gain against competing currencies.

Treasuries are flat in the early going. Strong support in the prior session sent the yield on the benchmark 10-year Note to a new 14-month low of about 2.68%. DJ30 -59.26 NASDAQ -26.21 SP500 -8.93 NASDAQ Adv/Vol/Dec 668/272 mln/1576 NYSE Adv/Vol/Dec 605/118 mln/2121

09:15 am : S&P futures vs fair value: -14.70. Nasdaq futures vs fair value: -32.30. The stock market has fallen in four of the past five sessions, including a 2.8% drop yesterday, but sellers do not appear to have exhausted their efforts. Instead, stocks look like they are poised for an opening loss of more than 1%. On top of the disappointing data of recent days, the mood this morning has been hampered by the worst weekly initial jobless claims count since February. Amid a growing sense of uncertainty on the part of investors, the dollar continues to find favor. The greenback is up another 0.4% against a basket of competing currencies after a 1.8% surge in the prior session. Treasuries are up slightly so that the yield on the benchmark 10-year Note is back to the 14-month intraday lows that were logged yesterday. Coming up at 1:00 PM ET are results from an auction of 30-year Bonds.

09:05 am : S&P futures vs fair value: -12.40. Nasdaq futures vs fair value: -29.00. Futures for the S&P 500 continue to come under pressure. Europe's major bourses have also moved a leg lower, such that Germany's DAX is now down 0.6%. Its consumer goods plays are under the most pressure - as a group they are down 2.1%. In contrast, telecom plays are up 2.2%, collectively. In a similar situation, France Telecom is a leader on the CAC, but that hasn't kept the French Index from falling to a 0.9% loss amid sharp weakness in financials. The financial sector is down 2.3% at the moment. In Britain, the FTSE is down 0.4% after it had sported a modest gain less than an hour ago. Banking outfit Barclays (BCS) has been a drag, but telecom plays like Vodafone and health care holdings like GlaxoSmithKline (GSK) have provided some support. As for data, eurozone industrial production dropped 0.1% in June, but an increase had been widely anticipated. Additionally, Greece was brought back into focus with news that its second quarter GDP fell a sharper-than-expected 1.5%. The euro continues to slump against the greenback. With a 0.4% loss it is now down for the fourth straight session. Yesterday the euro fell 2.4% to log its worst single-session loss in more than one year.

In Asia, Japan's Nikkei fell 0.9% as a broad-based selling effort sank every sector except utilities, which staged a 0.6% gain. The Japanese yen has continued to back off of the multiyear high that it set earlier this week. It was last quoted at 85.5 yen per dollar. As for data, Japan consumer confidence for July came in at 43.3, down a bit from the prior month. Hong Kong's Hang Seng surrendered 0.9% as tech stocks sank 3.5%. Telecom was a standout with a 2.2% gain as China Mobile spiked amid reports about teaming up with Xinhua to provide a web search engine. Mainland China's Shanghai Composite fell 1.2% in a broad-based slide. Energy plays PetroChina (PTR) and China Petroleum (SNP) were among the heaviest drags.

08:35 am : S&P futures vs fair value: -10.50. Nasdaq futures vs fair value: -25.00. Stock futures started to extend their morning slide shortly before the release of the latest jobless claims count, but they have since taken an even deeper dive with the report's release. Initial jobless claims for the week ended August 7 totaled 484,000, which is more than the 465,000 claims that had been widely expected. It also marks the highest initial claims count since February. Figures for the prior week were revised slightly higher to reflect 482,000 initial claims. In turn, the four-week moving average now stands at 743,500, a near six-month high. As for continuing claims, they eased to 4.45 million from 4.57 million, but the decline is mostly due to the expiration of jobless benefits among the unemployed. Separately, import prices for July increased 0.2% month-over-month after a 1.3% monthly decline in June.

08:05 am : S&P futures vs fair value: -7.00. Nasdaq futures vs fair value: -18.00. The S&P 500 has fallen 3.4% over the course of the past two sessions and appears ready to extend that slide as stock futures encounter a moderate selling effort this morning. Asia's major market averages logged losses overnight amid a mild consumer confidence reading from Japan. Action in Europe is mixed at the moment, despite a surprise decline in eurozone industrial production during June and a worse-than-expected GDP reading out of Greece. Meanwhile, the euro is down another 0.4% against the greenback after it plummeted 2.4% in its worst loss in more than a year yesterday. As for earnings, Dow component Cisco (CSCO) was out last evening with its latest earnings results, which featured a better-than-expected bottom line. However, a tepid outlook for the tech giant's top line has its shares down more than 7% in premarket trade. Early traders turn their attention to the latest weekly jobless claims tally at 8:30 AM ET. Import price data for July is also due at the bottom of the hour.

07:24 am : S&P futures vs fair value: -2.60. Nasdaq futures vs fair value: -10.80.

07:24 am : Nikkei...9212.59...-80.30...-0.90%. Hang Seng...21105.71...-188.80...-0.90%.

07:24 am : FTSE...5265.31...+20.10...+0.40%. DAX...6150.11...-4.10...-0.10%.

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries. gm

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
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