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 Post subject: June 8th Wednesday 2011 Emini TF ($TF_F) points +9.60
PostPosted: Thu Jun 09, 2011 12:02 am 
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Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)
Attachment:
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click on the above image to view today's trading summary

Trade Performance for Today: +9.60 points or $960.00 dollars in the Russell 2000 Emini TF ($TF_F) Futures.
Russell 2000 Emini TF Futures - 1 tick or 0.10 = $10.00 dollars and there's more contract information @ The ICE.
S&P 500 Emini ES Futures - 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup.

In addition, today's #FuturesTrades trading 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=91&t=888.

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/viewtopic.php?f=5&t=180.

Image Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our trade strategies with support prior to purchasing the Volatility Trading Report (VTR).

Image Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=138&t=1058

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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 - Dow, S&P Post Six-Day Losing Streak
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click on the above image to view today's price action of key markets

By Ben Rooney
June 8, 2011: 5:00 PM ET

NEW YORK (CNNMoney) -- Stocks fell Wednesday, with the Dow and S&P ending lower for a sixth consecutive session, as investors remain concerned about signs of an economic slowdown.

The Dow Jones industrial average (INDU) fell 22 points, or nearly 0.2%, to 12,049. The S&P 500 (SPX) dipped 5 points, or 0.4% to 1,279. The Nasdaq (COMP) sank 26 points, or 0.9%. to 2,675.

Shares of Alcoa (AA, Fortune 500) fell over 2%, making it the worst performing Dow stock. But the index was supported by Verizon (VZ, Fortune 500), which rose 1% after analysts at Oppenheimer upgraded the stock.

After the market closed, Texas Instruments (TXN, Fortune 500) lowered its outlook for second-quarter earnings and revenue. Shares of the technology company fell 4.5% in extended trading.

Oil prices jumped nearly 2% to settle near $101 a barrel after OPEC failed to reach an agreement on crude production levels.

The spike in crude prices lifted shares of energy producers Cabot Oil and Gas (COG), Apache Corp. (APA, Fortune 500) and Occidental Petroleum (OXY, Fortune 500), among others.

Exxon Mobil (XOM, Fortune 500) rose nearly 1%, after the company announced three new oil and gas discoveries in the Gulf of Mexico that could produce 700 million barrels of product.

* What are the miners trying to tell us - StockTwits

Credit card companies Visa (V, Fortune 500) and MasterCard (MA, Fortune 500) came under pressure after the Senate failed to delay rules capping fees that banks charge retailers to process debit card transactions by consumers.

Overall, the tone on Wall Street has been bearish as investors remain rattled by recent signs that the economic recovery has stalled.

"We've had a slew of bad news," said Abigail Doolittle, the founder of Peak Theory Research.

She said the market has shown some resilience and that stocks could bounce higher over the short term. But she was less optimistic about the bigger picture.

"Over the long term, the bad news will outweigh the good news, and that will pressure the S&P lower from here," she said.

* Those silly little banks - StockTwits

The economic gloom hanging over the market was reinforced late Tuesday by comments from Federal Reserve chairman Ben Bernanke, which killed a modest stock rally.

Economy: The Fed released the latest edition of its Beige Book, which describes economic conditions across the central bank's 12 districts.

The report showed that economic activity continued to expand at a moderate pace in most districts.

But growth slowed in at least four districts, while the Dallas Fed reported an acceleration in activity, according to the Beige Book.

Companies: Hovnanian (HOV) reported disappointing earnings results after the market close Tuesday, sending shares of the homebuilder about 12% lower Wednesday.

LDK Solar (LDK) shares fell more than 7% after the company issued a cautious outlook.

Shares of telecommunications company JDS Uniphase (JDSU) were down sharply. Retail clothing companies Abercrombie & Fitch (ANF) and Urban Outfitters (URBN) were also under pressure.

Currencies and commodities: The dollar rose against the euro and the British pound, but slipped versus the Japanese yen.

Gold futures for August delivery fell $2.70 to $1,536.00 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury edged up, pushing the yield down to 2.96% from 2.99% late Tuesday.

World markets: European stocks closed lower Wednesday. Britain's FTSE 100 shed 0.8%, the DAX in Germany dropped 0.6% and France's CAC 40 fell 0.5%.

The declines came amid reports that Moody's has determined the U.K.'s credit rating is at risk of being downgraded.

Asian markets ended the session mixed. The Shanghai Composite ticked up 0.2% and Japan's Nikkei added 0.1%, while the Hang Seng in Hong Kong slipped 0.9%.

Image

Image Yahoo! Finance - Market Update

4:30 pm : Pessimism continues to prevail. In turn, the major equity averages settled with various losses in the latest round of trade.

This session's slide marks an extension of the selling interest that has governed broad market trade in recent weeks. Economic growth remains the primary point of concern among market participants.

The lack of encouraging comments from Fed Chairman Bernanke was widely blamed for the prior session's late slide. Selling interest carried over amid word that the World Bank cut its forecast for 2011 economic growth to 3.2% from 3.8%. On that very topic, Germany and France, the two largest economies in Europe, both reported sharp declines in their respective total trade balances for April. Meanwhile, the Fed's latest Beige Book indicated that economic activity generally continued to expand since the last report, but a few Districts experienced some deceleration.

Warnings from analysts at Moody's that the United Kingdom's AAA credit rating could take a hit added to the dreariness of the day's headlines, but helped the greenback garner support from currency traders. The Dollar Index was up about 0.5% at the end of the trading day. It is still down more than 6% this year, though.

Despite the dollar's strength, oil prices spiked from a morning loss to a gain of more than 2%. The energy component closed pit trade with a 1.7% gain at $100.74 per barrel. Oil's climb came in response to OPEC's decision to leave production targets unchanged. A surprisingly large draw in weekly oil inventories helped support oil's move higher.

Higher oil prices helped energy stocks trade with strength this session, although its gains waned into the close. As a group, energy stocks were up more than 1% at their session high, but they settled with a 0.4% gain.

Financials and tech stocks came to be the heaviest drags on broad market trade. Financials fell 0.9% while tech turned in a 0.8% loss. Widespread weakness among tech issues undercut the Nasdaq Composite, which trailed its counterparts for just about the entire session. Ciena (CIEN 20.29, -3.92) was one of the poorest performing issues among tech-related plays; its precipitous drop to a multi-month low came in response to an earnings miss and downside guidance. Weakness in the tech space has also led the Nasdaq Composite to underperform its counterparts today.

With stocks stuck in a funk, Treasuries continued their ascent. Buying in the space drove down the yield on the benchmark 10-year Note to a new 2011 low near 2.95%. Today's auction of 10-year Notes drew a bid-to-cover of 3.23, dollar demand of $67.8 billion, and an indirect bidder participation rate of 50.6%.

Advancing Sectors: Energy (+0.4%), Telecom (+0.2%), Utilities (+0.1%), Health Care (+0.1%)
Unchanged: Consumer Staples
Declining Sectors: Materials (-1.0%), Financials (-0.9%), Tech (-0.8%), Consumer Discretionary (-0.8%), Industrials (-0.8%)DJ30 -21.87 NASDAQ -26.18 NQ100 -0.7% R2K -1.2% SP400 -1.0% SP500 -5.38 NASDAQ Adv/Vol/Dec 679/2.09 bln/1920 NYSE Adv/Vol/Dec 784/1.01 bln/2217

3:30 pm : July crude oil settled higher by 1.7% to $100.74 per barrel. Today's gains were driven by news that OPEC had disbanded its meeting with no adjustment being made to their output production level. Heading into the meeting this week, there was heavy speculation that the cartel would raise that level, the only question was how much. Inventory data, also released today, helped crude push to its best levels at $101.89. July natural gas finished up 0.3% to $4.85 per MMBtu.

It was a somewhat uneventful session for precious metals, which spent most of the day chopping around the flat line. Both metals pushed higher in morning trade in the wake of crude oil's surge, but eventually moved back toward the flat line. August gold finished lower by 0.3% to $1539.40 per ounce, while July silver ended down 0.9% to $36.72 per ounce. DJ30 -42.84 NASDAQ -30.11 SP500 -7.07 NASDAQ Adv/Vol/Dec 734/1.6 bln/1828 NYSE Adv/Vol/Dec 909/709.6 mln/2076

3:00 pm : Stocks have managed to move up from session lows as they head into the final hour of today's trade. Overall action remains unimpressive, though.

Financials have become a burden for the broad market after they traded with moderate strength this morning. The sector was last quoted with a 0.7% loss as shares of specialized finance plays come under stiff pressure. DJ30 +0.26 NASDAQ -20.96 SP500 -2.45 NASDAQ Adv/Vol/Dec 750/1.47 bln/1802 NYSE Adv/Vol/Dec 1011/605 mln/1963

2:30 pm : Stocks are sitting near session lows, but the dollar has managed to stretch a little higher so that it now leads a collection of competing currencies by 0.5%.

Meanwhile, Treasuries continue to sport solid gains. An auction today of 10-year Notes saw fairly modest demand as it drew the second lowest dollar-demand total for the past six sales. Specifically, the auction drew a bid-to-cover of 3.23, dollar demand of $67.8 billion, and an indirect bidder participation rate of 50.6%. For comparison, the prior auction drew a bid-to-cover of 3.00, dollar demand of $72.0 billion, and an indirect bidder participation rate of 42.7%. An average of the past six auctions results in a bid-to-cover of 3.15, dollar demand if $69.3 billion, and an indirect bidder rate of 51.2%. DJ30 -23.65 NASDAQ -24.93 SP500 -4.96 NASDAQ Adv/Vol/Dec 736/1.33 bln/1817 NYSE Adv/Vol/Dec 924/535 mln/2038

2:00 pm : Stocks recently descended to fresh session lows. The move took the Nasdaq to a loss of almost 1%, but the Dow continues to limit its loss. The disparity between the two averages comes as tech stocks drag down the Nasdaq while integrated energy giants Exxon Mobil (XOM 81.15, +1.15) and Chevron (CVX 100.33, +0.86) provide support to the Dow.

The Fed just released its latest Beige Book. It indicated that economic activity generally continued to expand since the last report, though a few Districts indicated some deceleration. Some slowing in the pace of growth was noted in the New York, Philadelphia, Atlanta, and Chicago. Manufacturing activity continued to expand in most parts of the country. DJ30 -23.08 NASDAQ -26.28 SP500 -4.83 NASDAQ Adv/Vol/Dec 747/1.20 bln/1783 NYSE Adv/Vol/Dec 930/480 mln/2031

1:30 pm : The Dollar Index has held steady to a 0.4% gain today. Most of its strength is owed to a drop by the euro, which was last quoted with a 0.6% loss at $1.460. Weakness in the euro comes in the wake of word from the World Bank that economic growth in many European countries remains constrained and data that indicate declining trade balances in both Germany and France. Britain's sterling pound is also down today; it was last quoted with a 0.2% loss at $1.640 following a warning from analysts at Moody's that the United Kingdom's AAA credit rating could take a hit.DJ30 +4.69 NASDAQ -16.52 SP500 -1.34 NASDAQ Adv/Vol/Dec 857/1.09 bln/1640 NYSE Adv/Vol/Dec 1082/430 mln/1870

1:00 pm : Trade has been choppy all session. The lack of direction comes amid ongoing concerns about economic growth and renewed weakness among several major overseas markets.

Following the prior session's weak finish, which came after Fed Chairman Bernanke failed to offer encouraging commentary about the pace of economic growth, most overseas markets moved lower. News that World Bank has cut its 2011 economic growth forecast by 60 basis points to 3.2% gave creedence to concerns over the recovery. Accordingly, both Germany and France reported drops in their respective total trade balances during April.

The uninspiring headlines haven't done too much damage to stocks, though. That's likely because stocks have already suffered in recent sessions, leaving them to extend five straight weekly losses.

Energy stocks have been a source of broad market support, however. The sector is up 1.2% in conjunction with higher oil prices, which are up a heady 2.6% to $101.65 per barrel following news that OPEC will not make any changes to production targets in the near term. News of a greater-than-expected draw in weekly inventories has helped keep prices propped up.

Tech stocks have cut their losses, collectively, but the sector continues to be a relative drag on broad market trade. Its 0.4% loss has been led by Ciena (CIEN 20.56, -3.65), which has dropped precipitously following the firm's earnings miss and downside guidance. Weakness in the tech space has also led the Nasdaq Composite to underperform its counterparts today.

Meanwhile, shares of blue chip McDonald's (MCD 81.39, +0.25) have rallied back from an opening loss. The company announced that its global sales grew by 3.1% during May. Action in competitor Yum! Brands (YUM 54.16, +0.01) has been more mixed.

Amid the market's generally chop, Treasuries have continued to attract buying interest. In turn, the yield on the benchmark 10-year Note is down to a 2011 low -- it was last quoted at 2.96%. Results from an auction of 10-year Notes are due at any moment.

The only item on the economic calendar is the Fed's latest Beige Book. It will be posted at 2:00 PM ET.DJ30 +16.61 NASDAQ -11.51 SP500 +0.61 NASDAQ Adv/Vol/Dec 851/998 mln/1619 NYSE Adv/Vol/Dec 1043/395 mln/1893

12:30 pm : Energy stocks sprinted out to a gain of about 1.5% this morning, but the sector has since surrendered some of that. It now trades with a 0.9% gain for the day. The sector's pullback comes despite a spike in oil prices following news that OPEC will make no change to production and data that indicate the latest weekly inventory report had a greater-than-expected draw. Oil now trades with a 2.6% gain at $101.65 per barrel after it had been in the red this morning.

The energy sector continues to attract support from the likes of Occidental Petroleum (OXY 103.16, +2.16) and Range Resources (RRC 54.10, +1.14). Apache (APA 120.30, +2.40) is also a top performer. Halliburton (HAL 47.73, -0.37) and Hess (HES 74.38, -0.15) have been weak, however. DJ30 +3.44 NASDAQ -15.19 SP500 -1.22 NASDAQ Adv/Vol/Dec 905/910 mln/1564 NYSE Adv/Vol/Dec 1081/350 mln/1843

12:00 pm : The dollar index is back at its best levels of the session, pushing to 73.95. Strength in the greenback corresponds to the euro slipping back towards its worst levels of the session. The single currency currently trades 1.4575 as markets wait on further developments regarding a Greek restructuring/re-profiling. It should be noted that Greek CDS spreads hit a record 1474 bps this morning as European authorities attempt to kick the can further down the road.

Meanwhile, the pound currently hovers 20 pips above its worst levels of the day near 1.6350 with its 50-day moving average continuing to provide support in the vicinity. Both the European Central Bank and Bank of England will opine tomorrow and announce their interest rate decisions.

Outside of Europe, the yen lingers below 80.00 per dollar after breaching that level last night, and the inability to recapture that level in short order will be problematic as Japan attempts to recover from the recent natural disasters. A move back towards the March record of 76.46 will have the Bank of Japan and Ministry of Finance on high alert.

The Australian dollar has slipped back below its 50-day moving average, trading down close to 100 pips near 1.0620. The level serves as critical support with a breakdown leading to a possible retest of 1.02. DJ30 +3.67 NASDAQ -11.93 SP500 -0.65 NASDAQ Adv/Vol/Dec 799/787.8 mln/1616 NYSE Adv/Vol/Dec 902/309.9 mln/1976

11:30 am : The major market averages are lower with the Nasdaq leading the decline, down 0.6%. Losses in the S&P and Dow are more muted with both trading just fractionally below the flat line.

Shares of McDonald's (MCD 81.21, +0.07) have rebounded from this morning's gap lower, now trading up 0.2% after the company announced May global sales grew at 3.1%. The company said sales in Asia/Pacific, Middle East, and Africa saw the strongest growth, climbing 4.3%. Competitor Yum! Brands (YUM 53.90, -0.25) has failed to piggyback the news.DJ30 -11.09 NASDAQ -16.95 SP500 -2.38 NASDAQ Adv/Vol/Dec 816/663.6 mln/1575 NYSE Adv/Vol/Dec 987/265.8 mln/1849

10:55 am : Stocks have fought off a recent flurry of selling pressure, but they continue to trade in mixed fashion overall. Unlike its counterparts, the Nasdaq Composite has been unable to poke into positive territory. Its relative weakness comes as tech plays like Akamai (AKAM 30.79, -0.58) and NVIDIA (NVDA 17.84, -0.22) encounter concerted selling. General weakness among tech issues has the sector down 0.4%, which is actually about half of the loss that it had traded with while at its session low.DJ30 +9.69 NASDAQ -7.12 SP500 +0.46 NASDAQ Adv/Vol/Dec 727/460 mln/1611 NYSE Adv/Vol/Dec 923/195 mln/1863

10:35 am : Crude surged following OPEC's meeting, which concluded with no deal to boost oil supply, and rose over $2/barrel to new session highs of $101.30/barrel. Then ahead of inventory data, crude oil was trading around $100.70/barrel. Following the data, which showed a draw of 4.84 million barrels versus consensus which called for a draw of 1.4 mln barrels, crude sees a mixed reaction after initially popping higher. Crude is currently up 1.6% at $100.65/barrel.

Natural gas has been in the red all session and is currently down 0.3% at $4.81. However, natural gas is 15.6% higher from where it was on May 19.

Strength in the dollar index, which is up 0.3% at 73.77, is helping keep precious metals in negative territory this morning. Gold moved back up to the unchanged line just under an hour ago, but is now 0.3% lower at $1538.70/oz. Silver is down 1.3% at $36.58/oz.DJ30 -0.98 NASDAQ -11.99 SP500 -1.31 NASDAQ Adv/Vol/Dec 786/360.2 mln/1523 NYSE Adv/Vol/Dec 998/149.7 mln/1764

10:00 am : After dancing near the neutral line in the first few minutes of the session, stocks have started to slide. The dip hasn't been too deep, though; in fact, the Dow is now down with only a narrow loss.

Tech stocks, which collectively represent the largest sector by market weight, are suffering the most. As a group tech stocks are down 0.7%. Ciena (CIEN 21.19, -3.02) is one of the worst performers in the tech space following the firm's earnings miss and downside guidance. DJ30 -16.31 NASDAQ -15.74 SP500 -3.46 NASDAQ Adv/Vol/Dec 625/180 mln/1524 NYSE Adv/Vol/Dec 866/80 mln/1848

09:45 am : The major equity averages are mixed in the first few minutes of morning trade, but energy stocks are off to a strong start. The energy sector's sprint ahead to a 1.5% gain comes after oil prices rallied from a modest loss in early pit trade to a 1.7% gain at $100.75 per barrel in response to word that OPEC will not make a move at its current meeting. Weekly oil inventory data are due at 10:30 AM ET.DJ30 +6.02 NASDAQ -3.82 SP500 +1.05

09:15 am : S&P futures vs fair value: -3.90. Nasdaq futures vs fair value: -6.30. Stock futures have steadily improved their position with the approach of the open, but the cash market is still expected to start with a moderate loss. Weakness comes amid ongoing concerns about economic growth after Fed Chairman Bernanke failed to offer encouraging commentary about the outlook in a speech yesterday. In a similar vein, the World Bank has cut its economic forecast for 2011, simultaneously making note that growth in Europe remains constrained. Two of Europe's largest economies -- Germany and France -- both reported for April disappointing trade data. Subsequent losses among the major bourses of Europe have further perpetuated selling interest, as has a weaker euro, which has helped drive the dollar higher. Still to come today is the latest tally for weekly oil inventories (10:30 AM ET) and the Fed's latest Beige Book (2:00 PM ET).

09:05 am : S&P futures vs fair value: -2.90. Nasdaq futures vs fair value: -5.50. Commodities are generally weak this morning. Crude oil prices are down 0.5% to $98.55 per barrel in the first few minutes of pit trade. Weekly oil inventory data are due at 10:30 AM ET. Meanwhile, natural gas prices are essentially unchanged at $4.78 per MMBtu. Among precious metals, silver prices are down by 2.1% to $36.25 per ounce. Gold is down 0.5% to $36.29 per ounce. The action comes amid a stronger dollar, which was last quoted with a 0.4% gain against a basket of major foreign currencies.

08:35 am : S&P futures vs fair value: -3.40. Nasdaq futures vs fair value: -7.30. Action in Europe is weak today. Data out of the region hasn't helped; eurozone GDP for the first quarter increased by 0.8%, as had been posted in the preliminary report. The World Bank, which cut its global growth forecast for 2011, stated that growth is constrained in many European countries. That may be considered by some to be more of an acknowledgement than an original assessment. Among the continent's major bourses, Germany's DAX is down 1.1% at the moment. Deutsche Bank (DB) has been a drag, as has Commerzbank AG, even though the stock was actually upgraded to Buy by analysts at ING. The country's trade balance for April totaled 10.9 billion euros, which is down markedly from the 18.8 billion euro balance recorded for the prior month. France's trade deficit for April came in at 7.1 billion euros, which is a greater deficit than the 5.9 billion euro deficit that had been recorded for the prior month. The country's primary equity market measure, the CAC, is currently off by 0.8%. All 40 of its components are in the red - Alcatel Lucent (ALU) is in the worst shape as it contends with a loss of almost 4%. The United Kingdom's FTSE has fallen to a 0.9% loss amid widespread weakness throughout the region and reports that analysts at Moody's cautioned that the United Kingdom could lose its top-notch AAA credit rating. Only a handful of names, including Barclays (BCS), Lloyds Group (LYG), and AstraZeneca (AZN) have managed to muster gains. Metals and mining plays Xstrata and BHP Billiton (BHP) are in some of the worst shape.

Many major Asian averages closed lower, but Japan's Nikkei closed 0.1% for the better. Financials were a source of support after analysts at JP Morgan upgraded the space. Mitsubishi UFJ Financial Group (MTU) was a leader. In contrast, Tokyo Electric Power Co. tumbled again. Reports suggest that the Japanese government may close nuclear plants. China's Shanghai Composite managed to gain 0.2% in the face of ongoing concerns about interest rate increases. Aluminum Corp of China was a top performer; it surged the 10% daily limit in response to reports about rare earth joint ventures. Hong Kong's Hang Seng fell 0.9%, which made for its fifth consecutive loss. It now trades at a 12-week low. HSBC (HBC) was a heavy drag after it agreed to pay $62.5 million to investors who lost money in the Bernie Madoff ponzi scheme.

08:05 am : S&P futures vs fair value: -5.50. Nasdaq futures vs fair value: -11.00. A weak finish to the prior session has carried over into this morning's premarket trade. In turn, stock futures point to a lower start for the session. In the backdrop is a downwardly revised 2011 forecast for global growth from the World Bank. Trade data from both France and Germany has also proven disappointing. In response, the euro has moved lower against the greenback, while many of the major bourses abroad have retreated. Today's calendar features a weekly oil inventory tally at 10:30 AM ET. Results from an auction of 10-year Notes are due at 1:00 PM ET. The Fed's latest Beige Book will be posted at 2:00 PM ET.

06:47 am : [BRIEFING.COM] S&P futures vs fair value: -8.20. Nasdaq futures vs fair value: -13.00.

06:47 am : Nikkei...9449.46...+6.50...+0.10%. Hang Seng...22661.63...-207.00...-0.90%.

06:47 am : FTSE...5807.55...-57.10...-1.00%. DAX...7015.23...-88.00...-1.20%.

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 Trading (no technical indicators)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

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