Did you happen to notice these market calls highlighted in recent issues of The Pattern Trapper? If not, you might want to take a closer look.    On the other hand, if you've found the trading methodology    used by The Pattern Trapper to be a bit overwhelming, you can learn how to use these remarkably effective techniques by Clicking Here!

ORIGINAL SETUP

NEXT DAY MARKET ACTION

S&P; 500 The December S&P; contract has fired NR7 and Inside Day signals for today's trading. The NR7 signal is triggered when the range of the day's trading is the narrowest of the last seven days. It tells us that we're likely to have a breakout in store either today, or over the next few days. The Inside Day signal is fired when the day's trading occurs within the range of the prior day. A subsequent breakout of an Inside Day's range typically points the way of the next trend move. Both the larger and more immediate trends are to lower prices (chart at left). Cycle Indicators appear as if a short term cyclical top has recently been marked. The NR7/Inside Day signal combination tells us to stand prepared for a large impulse move in either direction. Trade the break of yesterday's 1051.80 high to 1032.50 low range with a stop and reverse on the opposite side as the entry. Price action relative to today's 1041.30 Daily Pivot level may provide clues for earlier entry.

ORIGINAL SETUP

NEXT DAY MARKET ACTION

T-Bonds The December T-Bond contract has fired 2 Day ROC Buy, 90-10 High Continuation, and Momentum Pinball Sell signals for today's trading. The 2 Day ROC Buy signal implies that today's principle trade direction should be to the upside. The 90-10 High Continuation signal is fired when the day closes within the top 10% of the day's range. It tells us that yesterday's late day move higher is likely to continue on into today. The Momentum Pinball Sell signal suggests that IF the first hour's low happens to be broken, the market is telling us something completely different than originally assessed, and we'd want to consider a short position. Cycle Indicators (chart at left) are moving into a region where short term cyclical tops often form, but the more immediate trend is to higher prices. Odds favor continued upside in today's early trading. Buy the break of yesterday's 104-20 high with a stop just below the 104-07 level of the Daily Pivot. Price strength above the DP may provide clues for earlier entry.

ORIGINAL SETUP

NEXT DAY MARKET ACTION

Soybean Oil The December Soybean Oil contract has fired 90-10 Low Continuation and Momentum Pinball Buy signals for today's trading. The 90-10 Low Continuation signal is fired when the day's trading closes within the bottom 10% of the day's range. It tells us that yesterday's late day move lower is likely to continue on into today. The Momentum Pinball Buy signal suggests that IF the first hour's high happens to be broken, the market is telling us something completely different than originally assessed, and we'd want to consider a long position. Cycle Indicators (chart at left) appear as if a short term cyclical top has recently been marked. Both the longer and more immediate trends are to lower prices. Odds favor further downside in early morning trade. Sell the break of yesterday's 16.31 low with a stop just above the 16.41 level of the Daily Pivot. Price weakness below the DP may provide clues for earlier entry.

The goal of the Pattern Trapper is to make these remarkably effective trading techniques as easily understood as possible. If you should ever have any questions about the newsletter, or the techniques used, please don't hesitate to ask. E-mail Bob Hunt at: RHunt@PatternTrapper.com or call at 952-892-5550