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.