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.
Identifying MARKET STATE, STRUCTURE and STRATEGY solutions
Tuesday, November 10, 2009
Monday, November 9, 2009
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.
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.
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 - 513.20MidCap400 - 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.
Sunday, November 8, 2009
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.
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.
Thursday, November 5, 2009
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
Tuesday, November 3, 2009
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.
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.
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.
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.
Sunday, November 1, 2009
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
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.
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