US 10YR T-NOTE Z'09 - RESILIENT

-The Dec'09 10YR T-NOTE bounced back on its feet and will keep a higher hope above the 117-105 Inflection Pivot. Keep your dancing shoes on. This roll is shaping up to be messy and more of the same is expected. A held breach of 118-02 is needed to confirm yesterday's positive signal putting the 119-10 and 119-185 targets in play.

A rebuke from the 118-02 and sentiment can quickly turn. Think big. A break under 117-105 is needed to negate the positive signal targeting 116-195 for any negative turn of events. Be patient. No follow through is expected. 115-115 is the extended target for any reversal from the current levels.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.

EUREX BUND - Scare Tactics

The DEC'09 EUREX BUND slipped lower and is threatening a major sentiment shift. 12108-12091 is the high point for any positive reaction today if the contract is going to keep yesterday's edge. Look for FADE and REVERSAL opportunities off both Inflection Pivots. A he;d trade under 12021 has the MKT probing lower down to 11986. If the contract is going to stabilize it will here. If not things have the potential to come unglued with 11845 the extended target for any event.

Key off the 12056 Directional area today or an indication of the session tone. If the MKT is going to stay hard pressed it will struggle to maintain a trade above here. A rise above 12056 sets up a challenge to the 12108-12091 resistance inflection band. Expect a reaction. A breach of 12108 and negates the negative signal targeting 12161 on the initial surge. Work any held trade. 12214 and 12305 are the extended targets.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.

US 30yr T-Bond - Negative Signal Needs Confirmation

The DEC'09 US 30YR T-Bond is on the defensive and threatening to roll over. A held trade below 119-14 keeps the contract on the defensive pressing support at 118-06. If the MKT is going to stabilize it will here. If not a play for the 116-30 and 116-23 support area is expected in the session. Use caution. Negative sentiment has the potential to feed on itself, putting the 114-09 level in play. 112-145 is the current extreme.

A rise above 119-24 is needed to take the edge off for a price move up to the 120-18 Inflection Pivot. Keep it tight. This is the high point for any buying if the negative momentum is going to turn the bias. A breach of 120-18 removes the negative threat putting new move highs up to 122-28 back on the menu. Expect more stop and go action.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.

USDJPY - TRYING TO MAKE A DIFFERENCE

The USDJPY is trying to save face and will need to sustain a trade above the 9269 Inflection Pivot to maintain its composure. A held failure here is a sign of weakness that puts the MKT on the defensive down to 9195 and 9174 on any negative turn. Stay nimble. A positive reaction is expected. Don't fight any sustained weakness at these levels however as the an acceleration to the downside is expected targeting 9047 and 8971.

A held trade above 9310 will give the buyers something to work with up to the 9343 resistance pivot. If the rally is going to fizzle it will here. A held breach is expected to spark a little excitement targeting 9416 on the initial move. Work any positive structure. 9650 and 9751 are the extended targets for any short term sentiment shift.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.

SP500 - DRAMA DAY

The Sep'09 SP500 contract posted a negative BULL TREND CORRECTIVE signal which will keep the MKT on its toes with all trading below the 1001 Inflection Pivot. If the index is going to roll over it will not spend much time if any above here. A held failure from 990 is a sign of weakness that gives the Bears something to sink their teeth into targeting 979 and the 968-962.50 support band on any negative follow through. Expect reactions off support and accept all positive REVERSAL signals. A break under 962.50 and things have the potential to get emotional with 921 and 889.50 the current extremes.

A rise above 1001 has the potential to spark fresh interest up to 1024.50 in the session. Be patient and expect a rejection back into a digestive trade. Only above 1024.50-1027.75 is the aggressive buy campaign back in gear targeting 1067 on any sustained advance.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.

EuroStoxx U'09 - Weaker than the Rest

The Sep'09 EuroStoxx took a tumble and will need to sustain a trade below the 2733 Inflection Pivot to keep an edge. If so expectations are for further losses down to 2683. Be patient. This is the low point for any false negative. Jump on any positive REVERSAL signals off this support inflection. A held break under 2683 is a sign of weakness that puts the 2587 target in play. 2481 is the current extreme.

A rise above 2733 puts the negative signal in question for a test of the 2779 resistance pivot. Keep it tight. If the enthusiasm is going to wane it will fizzle here. If so expectations are for the sessions range to contain the MKT into Friday. A breach of 2779 is a fresh positive bringing back the buyers for a charge up to 2864. 2966 is the upper extreme.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.

DOW Futures - Negative Corrective Signal

The DOW Futures posted a BULL TREND CORRECTIVE signal that will keep the MKT in a questionable position below the 9577 resistance pivot. If the negative signal is going to follow though any positive push today will exhaust below here. If so expectations are minimally for a re-test of 9426 support pivot if not lower. A breach of 9577 puts the aggressive buy campaign back into gear putting the 9769 and 9898 resistance targets in play.

Ky off the 9479 Inflection Pivot for an indication o the session's tone. A held trade above here keeps the MKT's legs under it up to 9577. A dip under 9479 and the Bears try to sink their teeth in pressing support at 9426. Be patient. It's make or break. A failure from 9426 is needed to confirm yesterday's negative signal targeting 9249 on any corrective sell off. 9094 is the current extreme.

JS

This post supports JS Services Strategy Based Trading approach. For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/.The Inflection Pivot levels are available as a chart overlay on the following platforms; Ninja trader, Strategy Runner and eSignal. Sign up for a Complimentary Trial.