Dec'10 CORN Futures - TIME TO PLAY A CARD

Technically the MKT is in NEUTRAL TRANSITION and difficult trading conditions are expected. The MKT has produced an aggressive sell signal which should weigh on the MKT today if the signal is valid. If the integrity of the prior session's low remains intact a return to a sideways trend less trade is likely. Roll with any new weakness and leverage up if good risk parameters present themselves. The potential to get in at the beginning of a new move lower is real.

Key off the 371-2 Inflection Pivot as a trigger pointto confirm the sell signal. A held trade above this price puts the signal in question.

On the SELL side be more aggressive after the 371-2 level is taken out. Not that this is a pre-condition but should be noted as a confirmation of weakness. BREAKOUT strategies below 371-2 should just "go" so keep risk parameters tight. FADE into any positive reaction off an unsuccessful downside BREAKOUT after a resistance level is confirmed. Use a REVERSAL strategy to leverage up back under the original failure point. If the integrity of the previous session low remains intact, avoid REVERSAL strategies as expectations are that the "negative" signal is going to follow through it should do so straight away and any break in the negative momentum is a positive signal that the MKT is going to return to its neutral posture. FADE strategies are recommended early in the session or near the end. The negative signal will either play out from the get go or will weigh on the MKT in the latter stages of the trading session.

On the BUY side REVERSAL strategies can be executed off of major support levels at or near the previous session low point or at 371-2. Avoid this strategy on lower levels as any new weakness has the potential to be the beginning of a move. If the integrity of the previous session low remains intact FADE strategies can be accepted at or near this inflection point on the initial test with tight profit target objectives. If the MKT has already had a reaction off this support area avoid this strategy. Use BREAKOUT strategies above 382-2 as a signal to FADE a negative pull-back after a confirm break in the negative momentum at 376-6. Only take this trade if the previous session low point remains intact. Otherwise this will be a SELL REVERSAL opportunity.

Note: This is a dangerous emotional trading environment. You should expect the MKT reactions to go a little further that you expect in either direction so anticipate this in your position and risk management.

JS

Learn more about JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.

NASDAQ 100 Index Futures: FUN AND GAMES

Technically the MKT is in a NEUTRAL CORRECTIVE state producing a negative signal against a positive trend. Opportunity exists on both sides of the MKT however buying breaks above the 1880.50 Inflection Pivot is the best bet. 1880.25 is the low point for any weakness today if the underlying posiitve momentum is going to keep pace.

On the SELL side avoid FADE strategies until after the previous session low point or major support level has been broken to confirm a negative shift in momentum. Until then a better opportunity will be a REVERSAL strategy but only off the 1st major resistance level at 1913.50. This is a one shot trade using a low risk big profit target criteria. The idea is that if the MKT is going to follow through on its negative signal any stength is just a "head fake " before it follows through. SELL BREAKOUT strategies below 1880.50 can be profitable but they are aggressive and should look to take profits and potentially REVERSE long at support targets. The trade is corrective and the underlying positive tone must be respected.

On the BUY side accept BREAKOUT, FADE and REVERSAL strategies off major inflection points with the expectation that the positive momentum is going to resume. REVERSAL strategies are recommended over a FADE strategies off 1880.50, which should have at least 1 if not 2 challenges to the support integrity before executing a long off it. BREAKOUT strategies above 1913.50 can risk a little more if current events and other MKTs of confluence confirm a positive posture with the expectation that the Bull Trend is going to resume. If not a better approach would be to FADE a negative "squeeze" reaction after a positve breakout signal at 1897 as the neutral technical position can keep the trend sideways.

Note: The MKT is in a corrective position with the potential to move in either direction. Keep your opinions to themselves and focus on what the MKT is telling you it wants to do. Don't fight it, roll with it.

JS

Learn more about JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.

Eurex BUND Futures - VULNERABLE

Technically the MKT is in a BEAR TREND but in a DIGESTIVE posture. The MKT has produced a negative signal but has yet to confirm a shift into trend mode. Opportunity exists on both sides of the MKT but selling strength is the better opportunity below the 12849 Inflection Pivot. If the negative signal is oing to follow through this will be the high point for any positive push today.

On the SELL side accept FADE, BREAKOUT and REVERSAL strategies off major inflection points. SELL BREAKOUT strategies below 12808 and 12767 should just "go" with the expectation of a clean breakout signal into a new trend. FADE strategies after a negative breakdown signal are good opportunities as well but expectation should be for the MKT to quickly move back under the failed support. If the trade becomes laborous it is more likely a signal that more digestive action is coming and a retest of resistance should be expected. Be more aggressive with FADE and REVERSAL strategies at 12849 targeting the opposing digestive support at 12767.

On the BUY side BREAKOUT strategies above 12849 are aggressive and should be entered sooner [lower] than later [higher]. Expectations should be for the MKT to make its move early in the session and not look back, holding strucutre most of the day. If the MKT digests prior to making a positive move it is more likely a short squeeze to FADE. BUY FADE strategies off the 12767 support are aggressive and if they are going to work should do so on the initial test of support. Repeated tests or "confirmation" are more likely to give way to a lower trade. BUY REVERSAL strategies are recommended off the session initial major support only, as the MKT is vulnerable to a negative trend shift. The probability is to the downside today so don't get stubborn buying breaks.

Note: The MKT has produced a negative signal and is flirting with a turn for the worse. If it does not follow through on any new weakness a positive "reversal" is a likely outcome with a retest of the digestive resistance.

JS

Learn more about JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.

BRITISH POUND Futures - Searching for Resistance

Technically the MKT has produced a major positive signal into the upper extreme and will need to hold structure if it is going to avoid a drop back into a digestive trade.

Key off the 15035 Inflection Pivot as the potental exhaustive high point for any new interest today.

On the SELL side FADE signals are valid but REVERSAL strategies are a better option at 14916 and 15035. Have resting limit orders off support inflections and use aggressive position management to lock in any unrealized gains on any REVERSAL trade. BREAKOUT strategies at 14801 and 14686 are aggressive but do have the potential to profit from a quick negative move out of the extreme. Use tight position management for these strategies as any unrealized profits can be erased quickly by the underlying positive momentum.

On the BUY side accept FADE strategies off the 14686 support pivot after confirmation. The MKT is extended and may search for stops before it resumes its Bull move. REVERSAL strategies are a better option. The sharper the break, the better for an entry with the expectations that the MKT is going to revisit the recent move high. BUY BREAKOUT strategies above 14801 and 14916 may need to be "worked" as the MKT is extended and has the potential to produce some starts and stops, with 15035 the high point for any positive push. Only above here does the rally extend.

JS

Learn more about JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.

STRATEGY BASED TRADING TOOLS WEBINAR EVENT JUNE 22, 2010

Webinar Event – Market Structure vs. Market Madness

SIGN UP: http://www.traderkingdom.com/eventsdemo/details/133

The problem with technical analysis is that it is too subjective and is easily curve fitted to a market opinion. Having an objective resource is paramount to keeping you grounded to what the market “is” doing not what you “think” it’s going to do or “should” be doing.

JS Services provides an indicator that objectively defines the technical and behavioral structure of the market.

By incorporating hard objective structure to dynamic trading decisions you can improve your strategy selection by aligning your expectations and strategy criteria to the current technical state. This will allow you to better anticipate opportunity and provide higher confidence in trade execution.

Join John Slazas for a fast paced webinar event introducing JS Services Strategy Based Trading Tools, which define the framework of the market’s current technical state and are available as a complimentary resource on the Trader Kingdom website. John will demonstrate how to use JS Services Outlook to breakdown the technical structure of the market and show specific strategies to capture opportunity including position and size management.

Topics to be addressed include:

* What is JS Services complimentary offering on the Trader Kingdom website

* What is JS Services Technical Outlook and how does it define the markets technical and behavioral structure.

* Demonstrate how an objective trading tool that defines market structure removes the subjectivity of trading and allows you to develop strategies that anticipate opportunity and are in line with the markets technical state

* Show how to create strategies using JS Services Price Map analysis that is available on the Trader Kingdom website.

* Live examples of the current trading session demonstrating the techniques discussed using JS Services Price Map Chart Overlay Ninja Trader application.

The Strategy Based Trading approach is applicable to most trading styles [high frequency, intraday, swing and position] working best in liquid Futures, FOREX, Interest Rate and ETF markets.

John Slazas has over 25 years experience in the Futures and Options markets in such areas as trading, technical analysis, system design, publication, trade execution and clearing. He is the Founder and Chief Executive Officer of JS Services Research and Trading, LLC. The company was formed in 1984 as a full-service technical research company to provide trading strategies and support to exchange members and institutional trading houses.

BUND Futures -CORRECTIVE

Technically the MKT is in a NEUTRAL CORRECTIVE state producing a negative signal against a positive trend. Opportunity exists on both sides of the MKT however a held trade above the 12812 Inflection Pivot will keep the underlying tone positive. Only below this support does sentiment turn sour.

On the SELL side avoid FADE strategies until after the previous session low point or major support level has been broken to confirm a negative shift in momentum. Until then a better opportunity will be a REVERSAL strategy but only off the 1st major resistance level at 12880. This is a one shot trade using a low risk big profit target criteria. The idea is that if the MKT is going to follow through on its negative signal any stength is just a "head fake " before it follows through. SELL BREAKOUT strategies below 12812 can be profitable but they are aggressive and should look to take profits and potentially REVERSE long at support targets. The trade is corrective and the underlying positive tone must be respected.

On the BUY side accept BREAKOUT, FADE and REVERSAL strategies off major inflection points with the expectation that the positive momentum is going to resume. REVERSAL strategies are recommended over a FADE strategies, which should have at least 1 if not 2 challenges to the support integrity before executing a long off 12812. BREAKOUT strategies above 12880 can risk a little more if current events and other MKTs of confluence confirm a positive posture with the expectation that the Bull Trend is going to resume. If not a better approach would be to FADE a negative "squeeze" reaction after a positve breakout signal at 12846 as the neutral technical position can keep the trend sideways.

Note: The MKT is in a corrective position with the potential to move in either direction. Keep your opinions to themselves and focus on what the MKT is telling you it wants to do. Don't fight it, roll with it.

JS

Learn more about JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.

EURUSD - POSITIVE TRANSITION

Technically the MKT is in NEUTRAL TRANSITION and has produced a positive signal which should infleunce the MKT today if the signal is valid. If the integrity of the prior session's high remains intact it is less liekly to do so with the MKT returning to a sideways trade. Roll with any new strength and leverage up if good risk parameters present themselves. The potential to get in at the beginning of a new move higher is real.

The 12086 Inflection Pivot is the hurdle the MKT must hold above to confirm a sentiment shift.

On the SELL side REVERSAL strategies can be executed off of major resistance levels at or near the previous session high point. Avoid this strategy on higher levels as any new strength has the potential to be the beginning of a move. If the integrity of the previous session high remains intact FADE strategies can be accepted at or near this inflection point on the initial test with tight profit target objectives. If the MKT has already had a reaction off this resistance area avoid this strategy. Use a BREAKOUT strategy as a signal to FADE a positive pull-back after a confirm break in the momentum. Only take this trade if the previous session high point remains intact. Otherwise this will be a BUY REVERSAL opportunity.

On the BUY side be more aggressive after the previous session high has been taken out. Not that this is a pre-condition but should be noted as a confirmation of strength. BREAKOUT strategies should just "go" so keep risk parameters tight. FADE into any negative reaction off an unsuccessful upside BREAKOUT after a support level is confirmed. Use a REVERSAL strategy to leverage up after the MKT gets back above the original breakout point. If the integrity of the previous session high remains intact, avoid REVERSAL strategies as any break momentum is a negative signal that the MKT is going to return to its neutral posture. FADE strategies are recommended early in the session or near the end. The positive signal will either play out from the get go or will make its move in the latter stages of the trading session.

Note: This is a dangerous emotional trading environment. MKT reactions to go a little further that you expect in either direction so anticipate this in your position and risk management.

JS

Learn more about JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.