NEUTRAL TRANSITION - SP500 Index

The Dec'09 SP500 contract bounced back on its feet and is flirting with a positive turn in momentum. The MKT is in a NEUTRAL TRANSITION technical posture with a bias to the plus side with all trading above the 1083.50 Inflection Pivot. If the contract is going to rotate higher it will not spend much if any time below here. If so the Index shifts back into a weak neutral posture targeting the Holiday low area at 1068-1067.

A breach of 1098.25 is a sign of strength that gives the TRANSITIONAL outlook credibility putting the recent highs at 1112.25 in jeopardy targeting 1124 and 1130.25 on any new advance.

JS

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 FREE Trial.

BULL TREND CORRECTION TECHNICAL STATE - GOLD, NAT GAS, 10YR T-NOTE, 5YR T-NOTE, Aussie$, DRG and IIX Sector Index

Today I'm going to focus on MKTs that are in a BULL TREND CORRECTION technical state. A MKT in this position has an underlying positive trend but has produced a negative signal against that trend. This is a dynamic technical state with opportunity on both sides of the trade equation.

By developing a strategy to trade this state and apply only in MKTs that are producing negative signals against a positive trend or a BULL TREND CORRECTION, you not only improve your chances of a successful trade but also have a more satisfying trade experience as your strategy is align with your expectation.

* Practical Application review for Sep 21,2009 BULL TREND CORRECTION MKTs click here http://www.jsservices.com/recaps/JSSReviewUTC92109.wmv

For today, November 30 2009 - The following MKTs are in a BULL TREND CORRECTIVE state:

GC = GOLD Jan'10 - 1158.9 Inflection Pivot
NG = NAT GAS Jan'10 - 4.809 Inflection Pivot
TY = 10YR T-NOTE Mar'10 - 119-04 Inflection Pivot
FV = 5YR T-NOTE Mar'10 - 116-297 Inflection Pivot
DA = Australian Dollar Dec'09 - 9179 Inflection Pivot
DRG = Pharmaceutical Sector Index - 307 Inflection Pivot
IIX = Inter@tive Internet Sector Index - 22511 Inflection Pivot

The MKTs presented are "technically" in play, in a BULL TREND CORRECTIVE state, providing opportunity of both sides of the MKT. In this trend position it is more likely that the MKT is going to move than not. Typical scenarios are either 1. Downside follow through on the negative signal, 2. Positive reversal and resumption of the underlying Bull Trend or 3. Sideways neutral digest. By using the Inflection Pivot as a sentiment guide, [Bull Trend resumption above, Negative Correction Below] you can optimize your strategy performance and capitalize on this technical signal state.

Good Trading

JS

Strategy Based Trading is a methodology that focuses on the applied strategy verses a specific market and looks to align strategies with markets whose current technical behavior matches the strategies criteria. Please review the following CME sponsored tutorial for a complete overview of this approach.

STRATEGY BASED TRADING Reviewhttp://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

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 FREE Trial.

CRUDE OIL - BEAR TREND ACCELERATION Signal

The Jan'10 CRUDE OIL produced a negative signal yesterday and is currently in a BEAR TREND ACCELERATION technical state.

The price points to focus on are the 75.32 Support Pivot and the 78.11 Inflection Pivot.

75.32 is the confirmation failure point for the current market structure. A break under this price point signals further losses with 73.46 the immediate target.

78.11 is the session Inflection Pivot. This is the market over under level and the high point for any positive squeeze today. If the negative signal is going to play out and positive surge will top out below here. Notable resistance at 77.18 is also expected to provide a reaction as a gauge of any positive push. Accept REVERSAL signals here.

Good Trading

JS

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 FREE Trial

Recap:Nov 23, 2009 - SP500, DOW Futures, FTSE100

As a practical application recap of yesterday's BULL TREND CORRECTION signals I will go over the performance for each market presented.


SP500 Dec'09 1095.50 Inflection Pivot


The Index started teh week in a negative corrective signal which remained in force below the 1095.50 Inflection Pivot. During Sunday evening's session the level was tested and then violated early Monday. The violation negated the negative signal and confirmed a resumption of the underlying positive trend providing a nice buy opportunity. This is a perfect example of a REVERSAL opportunity in the BULL TREND CORRECTION technical signal.

DOW Futures Dec'09 10349 Inflection Pivot
The DOW provided a similar opportunuty breaking out above it's Inflection Pivot in the early Monday hours. This is why I like this signal state so much. It is dynamic and provides a great opportunity to get back on the underlying trend and favorable prices. Here even coming in at the regular session the violation of the 10412 JS Services initial target level provided a nice pop up to the 2nd target.

FTSE100 Dec'09 5313 Inflection Pivot

The FTSE100 was the best opportunity as its REVERSAL buy signal happened during the regular session and was combined with an Upside Pivot [UP] breakout signal attaining the 2nd Upside Target [UT2] in the session.


This is the Strategy Based Trading approach at work. Our expectations where for the MKT to key off the session Inflection Pivot to confirm or deny the negative technical corrective signal. Once the Inflection Pivot was breached market sentiment shifted back to the underlying posiitve trend producing a fresh buy opportunity.

The charts presented show JS Services Price Map overlay. Sign up for a Complimentary FREE Trial


Good Trading

JS

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

BULL TREND CORRECTION Signals for : SP500, DOW Futures, FTSE 100

The Strategy Based Trading approach is the focus on the applied strategy and aligining our strategy criteria with the market's underlying technical state.


Today we are going to focus on MKTs that have produced a negative signal against an underlying positive trend or a BULL TREND CORRECTION signal state. A dynamic technical state with opportunity on both sides of the market.


The question, is this negative signal going to follow through or is this just a 1 day event and the underlying positive momentum is going to resume. The price point that answers this question and determines this "sentiment shift" is the session Inflection Pivot. This is the price point that defines the technical state from being a negative "corrective"posture below that price point to a positive BULL TREND position above that price point.


Trading below the session Inflection Pivot is negative keeping the CORRECTIVE SELL signal in play and the MKT vulnerable. Trading above this price point is an indication that the negative vulnerability of the MKT is reduced and there is a better chance that the underlying positive momentum is going to resume.


For November 23, 2009 the following MKTs are in a BULL TREND CORRECTIVE state and the Inflection Pivot that determines the contiuation of the sell signal or a reversion to the underlying positive trend.


EQUITY FUTURES [DEC09]


SP500 1095.50

Dow Futures 10349

FTSE100 5313


Draw a line on your intra-day chart at these levels. Look for opporunty in the direction of the price bias. Executing at or near these price points will provide the best risk / reward. SELL FADE and BUY BREAKOUT should be considered as entry strategies at these levels.


Good Trading.


JS


Strategy Based Trading is a methodology that focuses on the applied strategy verses a specific market and looks to align strategies with markets whose current technical behavior matches the strategies criteria.STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html


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 FREE Trial

NAT GAS - BEAR TREND CORRECTION

The Dec'09 NATURAL GAS contract bounced off support producing a positive corrective signal and is currently in a BEAR TREND CORRECTIVE technical state. Expectations are for the MKT to remain vulnerable to the downside with all trading below the 4.446 Inflection Pivot. This is the high point for any positive action today if the underlying negative momentum is going to keep the sellers engaged. A breach of this resistance and the MKT transitions into a digestive trade with 4.713 the high point for any new consolidation. Expect no follow through. Only above this price point does the technical structure shift targeting 5.170 and 5.271.




A break under 4.192 and the BEARS are back probing lower with 4.002 and 3.865 the initial targets for any resumption of the negative momentum. 3.663 is the extended target.

Good Trading

JS

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 FREE Trial.

NAT GAS - BEAR TREND ACCELERATION Signal

The Dec'09 NATURAL GAS contract has produced negative signal and is in a BEAR TREND ACCELERATION technical state. This signal should accelerate the current downside momentum if valid. The question, is does this signal have potential or was yesterday's negative action just a 1 day event. The price point to key off that keeps the MKT in an aggressive sell posture is the session Inflection Pivot. This is the price point that defines the technical state from being an aggressive sell posture below that price point to a potential reversal or digestive trade above that price point.



In the NAT GAS Z'09 for today 4.332 is the Inflection Pivot




BEAR TREND ACCELERATION technical state is an excited state. The MKT is fearful, almost in a panic. Any positive turn out of that state will be a big “relief” and buyers will scramble to “re balance” sometime sparking a sharp advance. If the MKT continues to hold negative structure emotional selling is expected to continue.



NAT GAS Dec'09 for November 19, 2009
Technically the MKT is in a BEAR TREND ACCELERATION position and is vulnerable to the offer. Any positive corrective action is expected to be short lived with only one upside "stop squeeze" if the negative momentum is going to play out. Any held strength and repeated probe higher is a sign that the trade will turn digestive. This does not take away from the negative bias but does limit the profit potential for any new sales in the session.


On the SELL side accept FADE, REVERSAL and BREAKOUT strategies below the previous sessions high point. BREAKOUT strategies should just "go", so do not risk much. FADE strategies are recommended over REVERSAL strategies as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.



On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above the previous session high are a long shot, so risk less and go for more. Any BUY FADE should have confirmation and are not recommended if the integrity of the previous session high is intact. After a break in the negative structure confirmed support levels can be used for short term reactions using aggressive position management.


Note: The MKT is in an aggressive sell posture. If the previous session high is intact its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the previous session high is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears.



Good Trading


JS


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 FREE Trial.

NAT GAS Z'09 - Signal Review

On Monday the Dec'09 NAT GAS contract produced a positive corrective signal that put the market in a BEAR TREND CORRECTIVE state for Tuesday. The Blog identified 4.722 as the Inflection Pivot that would confirm or deny that signal. Confirm the positive signal as the start of a new transitional rally or deny as a "dead cat" bounce.

As expected the signal was a false positive rejecting from the 4.722 Inflection Pivot. Below is the session performance with JS Services R LEVEL identifying the session Inflection Pivot. Note how the Price Map as a whole defined the market structure for the session.

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 FREE Trial.

Good Trading

JS

NAT GAS Z'09 - BEAR TREND CORRECTION Signal

Strategy Based Trading is a methodology that focuses on the applied strategy verses a specific market and looks to align strategies with markets whose current technical behavior matches the strategies criteria.

Today I'm going to go over a BEAR TREND CORRECTION technical state. MKTs in the BEAR TREND CORRECTIVE technical state will typically have sharp corrective rallies against the underlying negative momentum. The MKT has been in an underlying negative trend and has produced a positive signal against the trend. Question, is the positive signal going to following through in a transitional trade or revert back to a BEAR TREND mode.

The session Inflection Pivot will define the session behavioral state confirming or denying the positive signal. Above the Inflection Pivot the Transitional trade is in play for a strong corrective buy opportunity. Below the Inflection Pivot the contract is vulnerable to a return to the negative trend.

For today, November 17, 2009 - The following MKT is in a BEAR TREND CORRECTIVE state:

NAT GAS Z'09 - 4.722 Inflection Pivot

Technically the MKT is in a NEUTRAL CORRECTIVE state producing a positive signal against a negative trend. Opportunity exists on both sides of the MKT however the threat of the return of the negative momentum must be respected as a good probability.

On the SELL side accept BREAKOUT, FADE and REVERSAL strategies off major inflection points with the expectation that the negative momentum is going to resume. REVERSAL strategies are recommended over a FADE, which should have at least 1 if not 2 challenges to its integrity before executing a short sale against it. BREAKOUT strategies can risk a little more if current events and other MKTs of confluence confirm a negative posture with the expectation that the negative trend is going to resume. If not a better approach would be to FADE a positive "squeeze" reaction after a negative breakdown as the neutral technical position can keep the trend sideways.

On the BUY side avoid FADE strategies until after the previous session high point or major resistance has been taken out to confirm a break in momentum. Until then a better opportunity will be a REVERSAL strategy but only off the 1st major support level. 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 CORRECTIVE signal any weakness is just a "head fake " before it follows through. BUY BREAKOUT strategies can be profitable but they are aggressive and should look to take profits and potentially REVERSE short at resistance targets. The trade is corrective and the eventual play is a resumption of the negative momentum.

For an overview on ENTRY strategies please review the following link http://www.jsservices.com/education/sbt/CME_EntryStrategies5min.wmv

Note: The MKT is in a corrective position with the potential to produce a sharp short covering rally, a messy sideways digest or a resumption of the negative trend. 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. If you have > 3 losses consider reversing strategy.

JS

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 FREE Trial.

EUREX BUND - Neutral Negative Shift

Strategy Based Trading is a methodology that focuses on the applied strategy verses a specific market and looks to align strategies with markets whose current technical behavior matches the strategies criteria. Please review the following CME sponsored tutorial for a complete overview of this approach.

STRATEGY BASED TRADING http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

Today I'm going to go over a NEUTRAL NEGATIVE SHIFT technical state. A MKT in this position has no underlying directional bias and has produced a negative signal within a sideways digestive trade. Expectations should be for the negative signal to remain in force below the session inflection pivot targeting the digestive support extreme.

NEUTRAL NEGATIVE SHIFT

NOV 16, 2009

EUREX BUND Z'09 - 12161 Inflection Pivot

DEC'09 EUREX BUND - Technically the MKT is in a NEUTRAL DIGESTIVE position with a negative bias. Opportunity exists on both sides of the MKT but selling strength is the better opportunity.

On the SELL side accept FADE, BREAKOUT and REVERSAL strategies off major inflection points. SELL BREAKOUT strategies should just "go" and not look back, so keep risk parameters tight. 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 just "hangs around" 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 or against the previous session high point targeting the opposing digestive support. Above the previous session high point enterying after the 2nd or 3rd press into an area is recomended over stepping in front of the initial challenge.

On the BUY side BREAKOUT strategies 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 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 is in neutral so "sloppy" conditions with "false signals" should be anticipated. Have a plan for any squeeze. Don't get stubborn however if the MKT starts to hold structure and gets into trend mode as the contract may just be expanding its digestive parameters producing a one way trade into the close and new extreme.

For an overview on ENTRY strategies please review the following link
http://www.jsservices.com/education/sbt/CME_EntryStrategies5min.wmv

Good trading.

JS

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 FREE Trial.

EuroFX Z'09 - Negative Signal needs confirmation

The DEC'09 EUROFX posted a big negative signal but will need to trade under the 14810 Inflection Pivot to confirm a sentiment shift. Key off this price point for the session bias. A failure here and expectations are for further losses targeting 14630 on any downside follow through. A false breakdown that cannot sustain a failure from 14810 is expected to produce a nice positive REVERSAL signal with 14978 targeted.

If we do not get a play into the 14810 level expectations will be for a difficult trading environment with 14978 and 15062 the high points for a new digestive trade.

Good trading.

JS

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

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 FREE Trial.

BULL TREND ACCELERATION Signals

The US Equity Indices continued to climb higher but may be in for a reality check today. The Nasdaq100 is pressing into the extreme but the MidCap400, SOX, XBD and the DAX have produced fresh positive signals. These along with a few other markets are technically "in play" after producing a BULL TREND ACCELERATION signals.

The following markets have produced a positive signal and will continue to work an aggressive buy posture above their session Inflection Pivot.

BULL TREND ACCELERATION

NOVEMBER 12, 2009 - MKT - Inflection Pivot

MidCap400 Z'09 - 690.30

DAX Z'09 - 5611

SOX - Semiconductor Sector Index - 31300

XBD - Broker Dealer Index - 11686

Japanese Yen Z'09 - 9432

EURGBP - FOREX - 8995

Soybeans F'10 - 957-6

Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the Inflection Pivot price bias. Executing at or near these price points will provide the best risk / reward. If the MKT cannot follow through on its signal and produces a REVERSAL signal at its Inflection Pivot, a sharp counter signal move should be expected.

Good trading.

JS

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

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 FREE Trial.

BULL TREND ACCELERATION SIGNALS

The US Equity Indices are on fire producing another positive technical signal adding fuel to the fire. These along with a few other markets are technically "in play". Today we continue to track BULL TREND ACCELERATION signals.

The following markets have produced a positive signal and will continue to work an aggressive buy posture above their session Inflection Pivot.

BULL TREND ACCELERATION

NOVEMBER 11, 2009

MKT - Inflection Pivot
SP500 Z'09 - 1069.25
ND100 Z'09 - 1752.25
Dow Futures Z'09 - 10139
Canadian$ Z'09 - 9432
Mexican Peso z'09 - 7455
BOBL Z'09 - 115.46

Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the Inflection Pivot price bias. Executing at or near these price points will provide the best risk / reward. If the MKT cannot follow through on its signal and produces a REVERSAL signal at its Inflection Pivot, a sharp counter signal move should be expected.

Good trading.

JS

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html


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 FREE Trial.

BIG POSITIVE -BULL TREND ACCELERATION SIGNALS

Today was positive all around with not MKTs that we are covering producing a negative signal. We did however get more than a few positive signals. Below are MKTs that have produced a major positive signal are in a BULL TREND ACCELERATION technical state. Expectation is that the signal is going to follow through as long as the signal is in line with the MKTs Inflection Pivot. So BULL TREND ACCELERATION should hold above their session Inflection Pivot if the signal is going to remain valid.



The strategies presented are in line with JS Services Strategy Based Trading approach, which looks to align the markets current technical state with your applied strategy criteria.

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html
For November 10, 2009

BULL TREND ACCELERATION
The markets below have produced a major positive signal which should follow through today if valid. Key off the session Inflection Pivot for an indication of the market structure and confirmation that the aggressive positive signal is in play.

Equity Indices Dec'09 Inflection Pivot
DAX - 5546

EuroSTOXX - 2799

FTSE 100 - 513.20
MidCap400 - 678.10

ETF

XAL -24.85
BTK - 889.65
DJU - 372
XOI - 1090
OSX - 197.00

Interest Rate
BOBL - 115.33

Energy
Heating Oil - 20407

FOREX
AUDJPY - 82.93

Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the price bias. Executing at or near these price points will provide the best risk / reward. If the MKT cannot follow through on its signal and produces a REVERSAL signal at its Inflection Pivot, a sharp counter signal move should be expected.

Good trading.

JS

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 FREE Trial.

TREND ACCELERATION SIGNALS for NOV 9, 2009

Today I'm going to show MKTs that are in a trend acceleration state or a BULL TREND or BEAR TREND ACCELERATION. MKTs that have produced a major negative signal are in a BEAR TREND ACCELERATION state and MKTs that have produced a major positive signal are in a BULL TREND ACCELERATION technical state. Both states are similar in the the expectation is that the signal is going to follow through as long as the signal is in line with the MKTs Inflection Pivot. So BULL TREND ACCELERATION should hold above and BEAR TREND ACCELERATION markets should hold below their session Inflection Pivots.



For November 9, 2009

BULL TREND ACCELERATION
The markets below have produced a major positive signal which should follow through today if valid. Key off the session Inflection Pivot for an indication of the market structure and confirmation that the aggressive positive signal is in play.


Currencies Futures Dec'09

JAPANESE YEN - 11038
AUSTRALIAN DOLLAR - 9102

Interest Rates Dec'09
US 10YR T-NOTE - 118-160

EQUITY ETF
SPY - SP500 Depository Receipts - 107.53
QQQ - NASDAQ 100 Tracking Stock- 41.97
RLX - Retail Sector Index - 389.00
IIX - Inter@ctive Internet Sector Index - 217.00

BEAR TREND ACCELERATION
The markets below have produced a major negative signal which should follow through today if valid. Key off the session Inflection Pivot for an indication of the market structure and confirmation that the aggressive negative momentum is in play.

Interest Rate Dec'09
BUND - 12089


Commodities Jan'10
SOYBEANS - 975-4

Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the price bias. Executing at or near these price points will provide the best risk / reward. If the MKT cannot follow through on its signal and produces a REVERSAL signal at its Inflection Pivot, a sharp counter signal move should be expected.

Good trading.

JS

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

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 FREE Trial.

BEAR TREND ACCELERATION REVIEW - SWISS FRANC Z'09

NOV 4 2009 REVIEW

On Nov 4th 2009 the Swiss Franc Dec'09 futures contract was in a BEAR TREND ACCELERATION technical state.

The Inflection Pivot that defined that technical state was defined as 9767.

Expectations are that if the negative signal is going to follow through the MKT will remain below the price point. A rise above this price and sentiment shifts.

A BEAR TREND ACCELERATION technical state is an excited state. The MKT is fearful, almost in a panic. Any positive turn out of that state will be a big “relief” and buyers will scramble to “rebalance” sometime sparking a sharp advance.

This is what played on in the SWISS FRANC Z’09 yesterday. The MKT could not follow through on its technical signal and after a breach in the negative structure a sharp rally was produced.

The Inflection Pivot defines structure to the current technical state. In BEAR TREND ACCELERATION it is the turning point from “aggressive sell” to “buy”. The market produced a negative signal. The signal was false and a counter positive reaction from the false negative signal should be expected.

This is the power of strategy based trading, aligning your expectations with the MKTs current technical state. Your expectation in a BEAR TREND ACCELERATION technical state is that the MKT is going to “fall out of bed”. If this does not play out and the signal is “invalid” a counter positive reaction should be expected. The price point that defines this sentiment shift is what I call the Inflection Pivot.

Hope this helps.

Good trading.

JS

If you would like to receive JS Services Inflection Pvot analysis as a chart overlay like below please contact me at info@jsservices.com. Sign up for a Complimentary FREE Trial.

SWISS FRANC Z'09 Price Map Chart Overlay Nov 4, 2009 performance

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

SWISS FRANC Z'09 - BEAR TREND ACCELERATION

The focus remains on MKTs that have produced a major negative signal or BEAR TREND ACCELERATION signal. This is a negative signal that should accelerate the current downside momentum if valid.

For November 4, 2009 only the Swiss Franc Dec'09 futures have produced a BEAR TREND ACCELERATION signal.

Swiss Franc Z'09 9767 Inflection Pivot



The question, is does this signal have potential or was yesterday's signal just a 1 day event. The price point to key off that keeps the MKT in an aggressive sell posture is the 9767 Inflection Pivot. This is the price point that defines the technical state from being an aggressive sell posture below that price point to a potential reversal or digestive trade above that price point.

If the MKT is bad it should hold below 9767 and press the 9697 initial support level. If we are in for a digestive session the contract will stabilize here. A held failure confirms yesterday's negative signal targeting 9627 on any release. 9487 is the current extreme.


A held rise above 9767 takes the edge off the currency for a difficult trade up to 9802 with the potential of going as high as 9837 in the session. No follow through is expected. Only above 9837 does sentiment shift projecting the MKT up to 9977.

Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the Inflection Pivot bias. Executing at or near these price points will provide the best risk / reward.


JS


STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html


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 FREE Trial.

The Strategy Based Trading approach is the focus on the applied strategy over a specific market.



Again today we are going to focus on MKTs that have produced a major negative signal BEAR TREND ACCELERATION. This is a negative signal that should accelerate the current downside momentum if valid.



The question, is does this signal have potential or was yesterday's signal just a 1 day event. The price point to key off that keeps the MKT in an aggressive sell posture is the session Inflection Pivot. This is the price point that defines the technical state from being an aggressive sell posture below that price point to a potential reversal or digestive trade above that price point. Trading below the session Inflection Pivot has the MKT in an aggressive sell posture and the BEAR TREND ACCELERATION signal in play. Trading above this price point is an indication that the negative vulnerability of the MKT is reduced and there is a better chance of a sharp positive push or a firm digestive trade.



If the negative signal is good you should expect the market to hold negative structure. If not may be time for a turn.



November 3, 2009



Below are the MKTs that have produced a BEAR TREND ACCELERATION signal and the Inflection Pivot that determines the continuation of the sell signal or not.



EQUITY FUTURES [DEC09]



MidCap400 667.30



FOREX



EURCHF 15118



Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the price bias. Executing at or near these price points will provide the best risk / reward.



If the current price is above the Inflection Pivot in this technical state, market sentiment is saying "prove it to me that the negative signal is valid". If the MKT cannot break under the Inflection Pivot the likely hood that the negative signal was just a 1 day event is high with the potential for a counter signal rally.



If the Inflection Pivot is above the current price then the negative signal is still in play "up" to that price point. Any lower sales are not "wrong" unless the MKT is above the Inflection Pivot and sell signals below this point should be taken.



JS


STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html



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 FREE Trial.

BEAR TREND ACCELERATION Signals: SP500, ND100, DOW Futures, DAX, FTSE100

The Strategy Based Trading approach is the focus on the applied strategy over a specific market.

Today we are going to focus on MKTs that have produced a major negative signal BEAR TREND ACCELERATION. This is a big negative that should accelerate the current downside momentum if valid. The question, is does this signal have potential or was yesterday's signal just a 1 day event. The price point to key off that keeps the MKT in an aggressive sell posture is the session Inflection Pivot. This is the price point that defines the technical state from being an aggressive sell posture below that price point to a potential reversal or digestive trade above that price point.



Trading below the session Inflection Pivot or what JS Services calls its REVERSAL LEVEL or R Level has the MKT in an aggressive posture and the BEAR TREND ACCELERATION signal in play. Trading above this price point is an indication that the negative vulnerability of the MKT is reduced and there is a better chance of a sharp positive push of firm digestive trade.


November 2, 2009

Below are the MKTs that have produced a BEAR TREND ACCELERATION signal and the Inflection Pivot that determines the continuation of the sell signal or not.


EQUITY FUTURES [DEC09]


SP500 1033.25
Dow Fut 9850
Nasdaq100 1710.75
DAX 5612.0
FTSE100 5102



Draw a line on your intra-day chart at these levels. Look for opportunity in the direction of the price bias. Executing at or near these price points will provide the best risk / reward.

If the current price is above the Inflection Pivot in this technical state, market sentiment is saying "prove it to me that you're bad". If the MKT cannot break under the Inflection Pivot the likely hood that the negative signal was just a 1 day event is high with the potential for a counter signal rally. If the Inflection Pivot is above the current price then the negative signal is still in play "up" to that price point. Any lower sales are not "wrong" unless the MKT is above the Inflection Pivot and sell signal below this point should be taken.

JS

STRATEGY BASED TRADING Review http://progressive.powerstream.net/008/00102/edu/interactive/js_services/strategy_based_trading/index.html

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 FREE Trial.