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 Post subject: November 22nd Monday 2010 Emini TF ($TF_F) points +7.40
PostPosted: Mon Nov 22, 2010 9:08 pm 
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Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Only Trading (no indicators)

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Quote:
A good trading day for me on small position size per trade. However, I did stop early in the pm trading session around 1341pm est to work further with some fee-base clients concerning issues involving intermarket analysis, changes in volatility and the impact of price momentum on trade management after entry. Yet, reviewing hindsight charts after the market regular session close I see that I missed a nice Long signal around 1434pm est.

Trade Performance for Today: +7.40 points or $740 dollars in the ICE Russell 2000 Emini TF ($TF_F) Futures.
1 tick or 0.10 = $10 dollars and to find out more contract information about the Russell 2000 Emini TF...click here.

In addition, today's #FuturesTrades chat room logs provides details about each trade from entry to exit along with commentary as the trade traversed...all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=83&t=684

Also, posted below are direct links to information about my trade methodology and trading plan (there's a difference between the two) 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/bar analysis).

Image WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=119. However, you must join the TSL Support Forum to access the free study guide. To register...click here.

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

Image Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=125&t=825

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Image Market Summaries

The below summaries by Bloomberg, CNNMoney and Yahoo! Finance helps me to do a quick review of the fundamentals, FED actions, global economics that had an impact on today's price action. Simply, I'm a strong believer that many variables causes key changes in supply/demand and volatility that's arguably just as important as my technical analysis.

Image CNNMoney.com - Bank Worries Drag Down Stocks
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By Julianne Pepitone, staff reporter
November 22, 2010: 4:55 PM ET

NEW YORK (CNNMoney.com) -- Bank stocks took a beating Monday after reports of a Wall Street insider trading probe, holding stocks back despite news of Ireland's bailout.

The Dow Jones industrial average (INDU) slipped 25 points, or 0.2%, to end at 11,178.58. The index was down as much as 149 points earlier. The S&P 500 (SPX) lost 2 points, or 0.2%, to close at 1,197.84. The Nasdaq (COMP) added 14 points, or 0.6%, to end at 2,532.02.

The declines were broad-based, with 22 of 30 Dow components ending in the red. Bank of America (BAC, Fortune 500) was the Dow's biggest loser, dropping 3.1%. Other bank shares -- including Citigroup (C, Fortune 500), JPMorgan (JPM, Fortune 500) and Wells Fargo (WFC, Fortune 500) -- also ended sharply lower.

Goldman Sachs (GS, Fortune 500) was the S&P 500's laggard, with shares tumbling 3.4% following a weekend report that investigators are looking at possible insider trading allegations tied to the firm's dealings in transactions including a health-care merger.

Separately, reports said federal investigators raided the offices of several hedge funds Monday as part of a wide insider-trading probe.

Trading could be choppy this week, with many market participants taking time off ahead of the Thanksgiving holiday. Trading volume was on the light side Monday, but still within normal range. Below average trading volume can contribute to volatility. All U.S. markets will be closed Thursday.

* Stock portfolio makeover: Buy, hold or sell

Investors were in "a holding pattern" Monday with no economic news on tap, said Alan Lancz, president of Alan B. Lancz & Associates. But the rest of the week brings a full plate of economic indicators: a revised reading on U.S. economic growth, housing data and durable goods orders, as well as personal income and spending figures.

Eyes on the Emerald Isle: On Sunday, Irish Prime Minister Brian Cowen formally requested substantial financial assistance from the European Union and the International Monetary Fund. The group is now working to hammer out final details of a rescue package worth tens of billions of dollars.

* Video - Ireland braces for more cuts

"In the morning, it looked like a rally on thoughts that Ireland will be in better shape now," Lancz said. "But we really don't have a catalyst on the upside during this short week."

Stocks eked out gains Friday, ending a volatile week with a whimper. The volatility was driven by nervousness over China's efforts to temper bank lending and the potential bailout for Ireland.

World markets: European stocks ended lower. Britain's FTSE 100 dropped 0.9%, the DAX in Germany lost 0.3% and France's CAC 40 fell 1.1%.

Asian markets finished mixed. The Shanghai Composite fell 0.2% and the Hang Seng in Hong Kong lost 0.4%, while the Japan's Nikkei gained 0.9%. China's economic planning body said Monday it would work to keep domestic prices stable. To achieve that goal, they'll increase subsidies for the low-income bracket in accordance with price hikes.

Companies: Netflix (NFLX) shares jumped to end 8.8% higher after the company announced a streaming-only video service for $7.99 a month. The streaming plus DVD rental service price will increase to $9.99 a month.

* Video - Airlines hope for happy holidays

Green Mountain Coffee (GMCR) announced late Friday that it will restate earnings for the last three fiscal years and the first three quarters of the current fiscal year, because of accounting errors. Shares surged more than 18% Monday after the company said those issues had been resolved.

Novell (NOVL) shares closed 6.6% higher after the software maker said it had agreed to be bought by Attachmate for $2.2 billion.

After the close of trade, Dow component Hewlett-Packard (HPQ, Fortune 500) posted fiscal fourth-quarter earnings of $1.33 per share. Sales rose 8% to $33.3 billion, topping analysts' forecasts of $32.8 billion. Shares rose 1% in after-hours trade.

Currencies and commodities: The dollar weakened against the euro, the Japanese yen and the British pound.

Oil for January delivery fell 24 cents, or 0.3%, to settle at $81.74 a barrel.

Gold futures for December delivery turned around from earlier losses and added $5.50 to settle at $1,361.70 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury rose, pushing the yield down to 2.81% from 2.88% late Friday.

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Image Yahoo! Finance - Market Update

4:15 pm : A loss of excitement for Ireland's financial aid request left the stock market to drop more than 1%, but technical support provided a base for a rebound that helped the broader market slash its loss and the Nasdaq Composite stage a nice gain.

Officials from Ireland announced during the weekend a request for financial aid from the European Union as part of an effort to sturdy its tenuous financial state. Nothing official has been put forth, but most estimates point toward a plan that will feature something on the order of 100 billion euros.

Global participants initially reacted to the announcement by boosting the euro and giving European bourses a strong start to the week, but attention was quickly diverted to the persisting problems of Portugal and Spain. That left Europe's equities to roll over and the euro to drop against the dollar.

At its overnight low the dollar was down 0.7%, but it swung to a gain of about 0.4% at its session high. It gave up part of that gain so that at the close of trade it was only up 0.2% against a basket of competing currencies. The dollar's rebound from its overnight low and the recognition that ineffective fiscal practices continue to trouble countries in the EU periphery caused stocks to come under a broad wave of selling. The effort took both the Dow and the S&P 500 down more than 1%.

Just as was the case in Europe, financials were the weakest performers and undermined broader market action. At its low the financial sector was down more than 2%, but it finished with a 1.4% loss. Goldman Sachs (GS 161.05, -5.62) was one of the hardest hit, no thanks to news of trading probes at a couple of hedge funds.

The financial sector was helped by a broader market rebound that began after support for the S&P 500 held in the 1184 to 1186 area.

Tech, the largest sector in the S&P 500 by market weight, provided a helping hand in the move. The sector showed leadership as it worked its way to a 0.6% gain. Most of that move was owed to strength in semiconductor stocks like SanDisk (SNDK 42.57, +2.59), which set a three-month high after an analyst upgrade, and Broadcom (BRCM 44.17, +0.95), which hit a four-year high after it announced a definitive agreement to acquire Gigle Networks for approximately $75 million.

The afternoon climb helped volatility cool, such that the Volatility Index was up just 3% at the close after it was up more than 10% during the day.

Trading volume was lackluster on the NYSE. Though some key economic releases in coming days will likely attract some participation, overall share volume in coming days will likely lack due to the holiday shortened week -- U.S. markets will be closed Thursday in observance of Thanksgiving and Friday will be a half day.

Treasuries saw some seesaw action as well today. The benchmark 10-year Note ran into some pressure after results from an auction of 2-year Notes showed a bid-to-cover ratio of 3.70, dollar demand of $129.5 billion, and an indirect bidder participation rate of 38.3%. For comparison, the average for the past three auctions holds a bid-to-cover ratio of 3.44, dollar demand of $123.9 billion, and indirect bidder participation of 36.1%.

Advancing Sectors: Tech (+0.6%), Consumer Discretionary (+0.3%), Utilities (+0.2%), Materials (+0.2%)
Declining Sectors: Financials (-1.4%), Energy (-0.4%), Telecom (-0.3%), Industrials (-0.3%), Consumer Staples (-0.1%)
Unchanged: Health CareDJ30 -24.82 NASDAQ +13.90 NQ100 +0.7% R2K +0.4% SP400 +0.7% SP500 -1.88 NASDAQ Adv/Vol/Dec 1336/1.85 bln/1303 NYSE Adv/Vol/Dec 1520/917 mln/1453

3:30 pm : It was a mixed session for commodities, as energy (+0.2%), grains (+0.2%) and precious metals (+1.3%) all ended higher and soft commodities (-0.1%), livestock (-0.2%) and industrials (-0.9%) all finished lower.

Dec gold futures closed higher by 0.7% to $1357.80 per ounce, while Dec silver rallied for 1.9% to end at $27.46 per ounce. Both metals bounced off of their session lows, set in mid-morning trade, to recoup some gains from overnight trade.

Dec natural gas ended higher by +2.6% to $4.28 per MMBtu. Forecasts for colder-than- average temps pushed natural gas prices to their best levels since mid-Aug. Dec crude oil finished lower by 0.3% to $81.74 per barrel. DJ30 -48.02 NASDAQ +7.60 SP500 -4.69 NASDAQ Adv/Vol/Dec 1166/1.5 bln/1475 NYSE Adv/Vol/Dec 1431/621.5 mln/1523

3:00 pm : The stock market is at its best level since this morning, but it still has a ways to go before it can make a play at positive territory.

Financials continue to hamper broader market trade. The sector is down 1.6%, which is more than double the loss of the next worst performing sector (energy, -0.7%). Weakness is widespread within the financial sector, but investment banks and brokerages are in the worst shape as they grapple with a 3.3% loss. Goldman Sachs (GS 159.83, -6.84) is one of the worst in the bunch as it drops to a loss of more than 4% amid news of trading probes at a couple of hedge funds. DJ30 -49.19 NASDAQ +6.80 SP500 -4.51 NASDAQ Adv/Vol/Dec 1117/1.38 bln/1505 NYSE Adv/Vol/Dec 1403/574 mln/1535

2:30 pm : The Nasdaq Composite recently returned to positive territory, though only for a moment as it is now back at the neutral line.

Semiconductors are back to playing leader for the Nasdaq. The group had been up more than 1% in the early going, then gave it all up before mounting a rebound that now has the sector back to a 0.5% gain. Within the Philadelphia Semiconductor Index, SanDisk (SNDK 42.09, +2.11) and Broadcom (BRCM 43.88, +0.66) are primary leaders.

Treasuries have reclaimed gains, too. The benchmark 10-year Note was recently up just 10 ticks, but it has since jumped up to a 21-tick gain. The move has taken the Note's yield back toward session lows of 2.80%. DJ30 -82.04 NASDAQ -0.88 SP500 -8.20 NASDAQ Adv/Vol/Dec 1015/1.28 bln/1607 NYSE Adv/Vol/Dec 1187/530 mln/1750

2:00 pm : Stocks have continued their gradual climb up from session lows. The slow pace of the move has left both the Dow and the S&P 500 with sizable losses, but the relative modesty of the Nasdaq's overall slide has made it easier for the tech-rich index to make its way back toward the neutral line.

The stock market's recovery-in-process comes even though the dollar remains at its session high with a 0.4% gain. The dollar is up only slightly more than 1% for the year. DJ30 -98.12 NASDAQ -4.00 SP500 -9.46 NASDAQ Adv/Vol/Dec 962/1.18 bln/1651 NYSE Adv/Vol/Dec 1088/486 mln/1831

1:30 pm : The stock market is up just a couple of points from its session low. Meanwhile, Treasuries have further pared their gains.

The benchmark 10-year Note is now up just 10 ticks and the 30-year Bond is up only eight ticks. The slip comes in the wake of results from an auction of 2-year Notes. The auction produced a bid-to-cover ratio of 3.70, dollar demand of $129.5 billion, and an indirect bidder participation rate of 38.3%. For comparison, the prior auction brought about a bid-to-cover ratio of 3.43, dollar demand of $120.1 billion, and an indirect bidder participation rate of 40.0%. The average for the past three auction holds a bid-to-cover ratio of 3.44, dollar demand of $123.9 billion, and indirect bidder participation of 36.1%. DJ30 -116.55 NASDAQ -11.25 SP500 -11.65 NASDAQ Adv/Vol/Dec 792/1.09 bln/1819 NYSE Adv/Vol/Dec 894/450 mln/2045

1:00 pm : An overnight announcement that Ireland has asked the European Union for financial aid initially bolstered a bullish bias among global participants, but enthusiasm has since crumbled and left stocks to slide.

Ireland has yet to settle on specifics of its plan sturdy its finances, but estimates point toward something close to 100 billion euros. The announcement drove the euro higher and helped the major European bourses open with big gains. However, as attention shifted back to the problems that face Portugal, Spain, and their ilk, the euro dropped against the dollar and Europe's equities rolled over.

Those same themes caused the stock market to open in the red. Financials, now down 1.8%, have been a drag since the start. Financials and assorted banking plays were also among Europe's hardest hit issues.

Early strength among tech stocks had helped the broader market pare its losses in the early going and even took the Nasdaq Composite into positive ground. Semiconductor plays had sported some of the strongest gains. However, the tech sector's strength subsided as the dollar extended its advance. Tech stocks are now down 0.5% as a group.

After it was down as much as 0.7% the dollar is now up 0.4% for the day. Its advance to a session high has corresponded with a drop by stocks to their session low. The S&P 500 had attracted some support along the 1190 line, but that gave way to renewed selling that sent the broad market index down to the 1184 and 1186 zone.

There hasn't been any data to trade on and corporate news has been minimal. Due at any moment are results from an auction of 2-year Notes. DJ30 -128.17 NASDAQ -13.23 SP500 -12.73 NASDAQ Adv/Vol/Dec 783/1.02 bln/1825 NYSE Adv/Vol/Dec 848/412 mln/2078

12:30 pm : Treasuries have eased back a bit from their session highs. The dip comes ahead of results from an auction of 2-year Notes at the top of the hour.

Stocks have slipped in recent trade, too. Both the broad-based S&P 500 and the blue chip Dow Jones Industrial Average are down at least 1% to fresh session lows. The Nasdaq Composite hasn't quite returned to the depths that it set in the early going, but its slide is quickly gaining momentum. DJ30 -127.58 NASDAQ -9.92 SP500 -12.44 NASDAQ Adv/Vol/Dec 787/907 mln/1792 NYSE Adv/Vol/Dec 943/362 mln/1976

12:00 pm : Volatility has picked up with this session's broader market selling. In turn, the Volatility Index, often euphemistically dubbed the Fear Gauge, is up more than 6%. Still, such a sizable puts it up only 8% from the multimonth low that it set this past Friday.

Amid the general decline in volatility over recent weeks, the S&P 500 has put together a 0.8% gain so for November. That would mark a downturn from the 3.4% monthly gain recorded for October and the 7.5% monthly gain recorded for September. DJ30 -81.41 NASDAQ +0.84 SP500 -6.91 NASDAQ Adv/Vol/Dec 967/812 mln/1585 NYSE Adv/Vol/Dec 1129/318 mln/1744

11:30 am : The S&P 500 recently made a modest bounce off of the 1190 line, but it has yet to make a truly meaningful move as broader market selling pressure persists.

Part of that pressure stems from strength in the dollar, which is up 0.4% against a basket of competing currencies.

Treasuries have been strong for most of this morning. That has the yield on the benchmark 10-year Note down to 2.82%, which isn't quite to last week's low of 2.76%. DJ30 -81.28 NASDAQ -1.06 SP500 -7.37 NASDAQ Adv/Vol/Dec 940/740 mln/1580 NYSE Adv/Vol/Dec 1061/285 mln/1805

11:00 am : After staging a nice bounce in the early going, stocks are back under pressure. Losses have become somewhat steep in the Dow and S&P 500, but the Nasdaq Composite has managed to limit its slide.

Financials continue to underperform. The sector is at a session low and down 1.6%. Among the sectors more notable laggards, Goldman Sachs (GS 160.22, -6.45), Regions Financial (RF 5.31, -0.19), and Morgan Stanley (MS 24.75, -0.87) are all down markedly. Only a handful of names have staged gains; CB Richard Ellis (CBG 18.67, +0.12) and Public Storage (PSA 97.90, +0.84) are atop the short list. DJ30 -90.59 NASDAQ -3.85 SP500 -8.30 NASDAQ Adv/Vol/Dec 868/630 mln/1619 NYSE Adv/Vol/Dec 937/240 mln/1909

10:35 am : Commodities are mixed this morning as the dollar index remains near the unchanged line.

December crude oil hit session highs overnight at $82.87 per barrel, but reversed and fell into the red, hitting fresh session lows of $81.36 per barrel in recent trade. Crude is now 0.7% lower at $81.37 per barrel.

December natural gas also fell into the red from recently hit session highs of $4.24 per MMBtu. Near the top of the hour, nat gas hit new session lows of $4.13 per MMBtu and remains in the red, currently down 0.4% at $4.15 per MMBtu.

Precious have been trending lower from the overnight session, but remains in positive territory is morning trade. January gold is just above the unchanged line at $1354.50 per ounce, while December silver is 0.8% higher at $27.39 per ounce.

In industrial commodities, cotton futures extended sharp losses recently seen. This morning, cotton fell the exchange limit, losing 4.9% to $1.11715, a level not seen in a month. It has recovered a portion of its losses and is now down 2.9% (or 3.52 cents) at $1.1963/lb.DJ30 -66.26 NASDAQ +3.09 SP500 -5.80 NASDAQ Adv/Vol/Dec 1108/478.8 mln/1309 NYSE Adv/Vol/Dec 1187/174.8 mln/1592

10:00 am : The Nasdaq Composite has pushed into positive territory so that it now sports a modest gain. The Dow and S&P 500 are still in the red, although their losses have been trimmed.

Semiconductors have given a strong boost to the tech-rich Nasdaq. Collectively, semiconductor stocks and semiconductor equipment stocks are up 1.1%. Within the group, SanDisk (SNDK 42.71, +2.73) is a primary leader. The stock is at a three-month high following news of an analyst upgrade.

Advancing Sectors: Tech (+0.4%), Consumer Discretionary (+0.4%), Materials (+0.3%), Health Care (+0.1%)
Declining Sectors: Financials (-0.9%), Energy (-0.6%), Telecom (-0.4%), Industrials (-0.2%), Utilities -0.2%), Consumer Staples (-0.2%)DJ30 -23.08 NASDAQ +10.12 SP500 -1.32 NASDAQ Adv/Vol/Dec 1143/295 mln/1132 NYSE Adv/Vol/Dec 1418/115 mln/1301

09:45 am : The broader market has pared its opening loss, but it is still in the red. Weakness, though generally moderate, is widespread.

Of the 10 major sectors, consumer discretionary stocks represent the only sector that has managed to muster any kind of a gain. The sector is up fractionally at the moment, thanks to a 0.5% bounce by shares of retailers. Retailers remain one of this year's best performing groups; they are up more than 18% year to date.

Financials are presently under the most pressure. The sector has already shed 1.0% amid weakness among investment banks, specialized finance plays, and diversified financial services outfits. DJ30 -50.85 NASDAQ -3.35 SP500 -4.82 NASDAQ Adv/Vol/Dec 836/205 mln/1381 NYSE Adv/Vol/Dec 948/83 mln/1709

09:15 am : S&P futures vs fair value: -4.80. Nasdaq futures vs fair value: -7.30. News of Ireland's request for financial aid boosted both the euro and European equities overnight, but they have since rolled over as the dollar regains support amid recognition that countries in the EU periphery continue to face relative financial insecurity. The weakened tone has taken stock futures into the red, such that a firmly lower start to the week is expected after the S&P 500 finished last week only a hair above the neutral line. Corporate news is limited, something that will likely continue this week due to the Thanksgiving holiday, and there has been no data of consequence today. However, data will likely pick in coming days as revisions to third quarter GDP are released and data on existing home sales, durable goods orders, personal income and spending, weekly jobless claims, and new home sales are posted.

09:00 am : S&P futures vs fair value: -4.20. Nasdaq futures vs fair value: -6.00. Stock futures continue to trail fair value. Commodities have faired only slightly better, though, as the price of oil is flat at $82 per barrel in the first few moments of pit trade and natural gas prices are up 1.8% to $4.24 per MMBtu. Gold prices are up fractionally to $1353.30 per ounce, according to the continuous contract, and silver prices are up 0.3% to $27.25 per ounce, according to the December contract.

08:30 am : S&P futures vs fair value: -3.70. Nasdaq futures vs fair value: -5.30. Stock futures have retreated into the red since displaying overnight strength on the back of news that Ireland requested during the weekend financial aid from the European Union. No official details are out, but the bailout is widely expected to be on the order of close to 100 billion euros. According to a statement from the EU, the play may possibly be supplemented by bilateral loans. The UK and Sweden have already indicated that they are ready to consider such support. The euro had spiked on news of the bailout, but it has since retreated amid a rebound by the dollar. The euro is now down 0.3% against the greenback, mostly because global participants recognize the persistent uncertainty pertaining to Portugal and Spain's finances. Action among European equities has soured, too. Germany's DAX had been up about 0.9% shortly after its open, but it has since drifted down to a 0.3% loss. Deutsche Bank (DB) and Commerzbank have been two of the heaviest drags. BMW and Volkswagen have provided support, though. France's CAC has fallen to a 0.7% loss after it had been up 0.9% at its session high. Financial outfits BNP Paribas and Societe Generale have fallen sharply, but Renault has shown resilience. Britain's FTSE was also up 0.9% at its session, though pressure has become so intense that it is now down 0.9%. Banking plays HSBC (HBC), Lloyds Group (LYG), and Standard Charter have hurt overall action with their losses. GlaxoSmithKline (GSK) and AstraZeneca (AZN) have shown relative strength, however.

In Asia, action was generally mixed as Japan's Nikkei gained 0.9%. Kyocera (KYO) and Fast Retailing led advancing issues, which outnumbered decliners by more than 4-to-1. Honda Motor (HMC) was among the weaker performers. Mainland China's Shanghai Composite slipped 0.2% even though advancing issues outnumbered decliners by more than 2-to-1. Weakness among PetroChina (PTR), Bank of China, and China Life Insurance proved far too heavy to be offset by gains among the likes of Inner Mong Bao and Ping An Insurance. Hong Kong's Hang Seng shed 0.4%. HSBC, Sun Hung Kai Properties, and Industrial & Commercial Bank of China weighed most heavily on trade. China Mobile provided some support, though. Monday marked the first session of trade in China since the reserve requirement was raised among banks late last week.

08:00 am : S&P futures vs fair value: -0.50. Nasdaq futures vs fair value: +2.00. Stock futures are flat after rolling over in overnight trade. The action comes after Ireland announced that in an effort to sturdy its financial conditions it has applied for financial aid from the European Union. Specifics of the plan have yet to be hammered out, but current estimates suggest that the plan will be something on the order of 95 billion euros. The announcement initially spurred the euro higher and cut down the dollar, but the two currencies have since returned to the neutral line as global participants turn their attention to the likes of Portugal and Spain. No major corporate announcements are out this morning and no economic data of consequence will be released today, but results from an auction of 2-year Notes are due at 1:00 PM ET.

06:21 am : S&P futures vs fair value: +3.10. Nasdaq futures vs fair value: +8.00.

06:21 am : Nikkei...10115.19...+92.80...+0.90%. Hang Seng...23524.02...-81.70...-0.40%.

06:21 am : FTSE...5742.22...+9.20...+0.20%. DAX...6866.11...+22.60...+0.30%.

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/bar analysis)
Price Action Only Trading (no indicators)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

Phone: +1.708.572.4885
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