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Highest Potential Setups for Thursday, September 25, 2003
(Selected from market categories OTHER than the Indices or Interest Rates)

British Pound
The December British Pound contract has fired NR7 and 90-10 High Continuation signals for today's trading. The NR7 signal tells us that this market has recently entered a period of contraction with a likely breakout of the prior day's range in store either today, or over the next few days. The 90-10 High Continuation signal indicates that yesterday's late day move higher is likely to continue on into today. Cycle Indicators (chart at right) have moved into a region where short term cyclical tops often form, but the more immediate trend is to higher prices. The NR7 signal tells us to stand prepared for a large impulse move in either direction. Trade the break of yesterday's 1.6504 high to 1.6430 low range. If entered long, place a stop and reverse on the break of yesterday's low. If entered short, stop and reverse on the break of yesterday's high. Price action relative to today's 1.6477 Daily Pivot level may provide clues for earlier entry.

Wheat
The December Wheat 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 principal 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. Odds favor continued upside in today's early trading. Buy the break of yesterday's 354^0 high with a stop just below the 350^0 level of the Daily Pivot. Price strength above the DP may provide clues for earlier entry.


Pattern Signals, Pivot Levels, and Range
Projections for Thursday, September 25, 2003
The Pattern Signal links below are available to paid subscribers only. Each link provides a detailed discussion of the Signals triggered, the setup parameters required for them to fire, and a few techniques to best take advantage of the market information that they offer. Click here for a sample.
INDICES
Pattern Signals
Pivot System S&R

Range Projections
Normal/Extended
S&P; 500
Dec SPZ3
2 Day ROC Sell
90-10 Low Cont. & Rev
R3  1049.11     R2  1035.17     R1  1021.23
DP  1013.77
S1  999.83     S2  992.37     S3  978.43
  Hi    1018.00   1026.17
Low  996.60   988.43
Dow Jones
Dec DJZ3
2 Day ROC Sell
90-10 Low Cont. & Rev
R3  9729     R2  9617     R1  9505
DP  9443
S1  9331     S2  9269     S3  9157
  Hi    9480   9546
Low  9306   9240
Nasdaq 100
Dec NDZ3
2 Day ROC Sell
90-10 Low Cont. & Rev
R3  1442.99     R2  1407.83     R1  1372.67
DP  1354.83
S1  1319.67     S2  1301.83     S3  1266.67
  Hi    1364.00   1384.25
Low  1311.00   1290.75
Russell 2000
Dec RLZ3
2 Day ROC Sell
90-10 Low Cont. & Rev
R3  534.26     R2  524.92     R1  515.58
DP  510.92
S1  501.58     S2  496.92     S3  487.58
  Hi    513.25   518.60
Low  499.25   493.90

INTEREST RATES
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
US T-Bond
Dec USZ3
No Pattern Signals fired
R3  111-18     R2  110-31     R1  110-11
DP  109-15
S1  108-27     S2  107-31     S3  107-11
  Hi    110-16   111-02
Low  109-00   108-14
Full Session T-Bond        R3  111-23    R2  111-03    R1  110-13    DP  109-13    S1  108-23    S2  107-23    S3  107-06
US T-Note
Dec TYZ3
2 Day ROC Buy
Low Breakout Cont. Setup
R3  114-06     R2  113-27     R1  113-12
DP  112-24
S1  112-09     S2  111-21     S3  111-15
  Hi    113-15   113-28
Low  112-12   111-31
Full Session T-Note        R3  114-05    R2  113-28    R1  113-13    DP  112-23    S1  112-07    S2  111-17    S3  111-06

CURRENCIES
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
British Pound
Dec BPZ3
NR7
90-10 High Continuation
R3  1.6575     R2  1.6551     R1  1.6525
DP  1.6477
S1  1.6451     S2  1.6403     S3  1.6352
  Hi    1.6535   1.6563
Low  1.6461   1.6433
Canadian Dollar
Dec CDZ3
No Pattern Signals fired
R3  .7435     R2  .7414     R1  .7395
DP  .7364
S1  .7345     S2  .7314     S3  .7295
  Hi    .7401   .7420
Low  .7351   .7332
EuroFX
Dec ECZ3
No Pattern Signals fired
R3  1.65756     R2  1.65517     R1  1.65258
DP  1.64779
S1  1.64513     S2  1.64034     S3  1.63525
  Hi    1.65350   1.65633
Low  1.64613   1.64333
Japanes Yen
Dec JYZ3
NR4 Signal
R3  .9435     R2  .9434     R1  .9406
DP  .8986
S1  .8959     S2  .8926     S3  .8904
  Hi    .9021   .9044
Low  .8961   .8938
Swiss Franc
Dec SFZ3
High Breakout Cont. Setup
R3  .7435     R2  .7414     R1  .7395
DP  .7364
S1  .7345     S2  .7314     S3  .7295
  Hi    .7401   .7420
Low  .7351   .7332

LIVESTOCK
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
Feeder Cattle
Oct FCV3
2 Day ROC Sell
R3  101.149     R2  100.742     R1  100.083
DP  99.467
S1  98.808     S2  98.195     S3  97.656
  Hi    100.063   100.550
Low  98.787   98.300
Live Cattle
Dec LCZ3
2 Day ROC Sell
R3  74.435     R2  74.414     R1  74.395
DP  74.364
S1  74.345     S2  74.314     S3  74.295
  Hi    74.401   74.420
Low  74.351   74.332
Lean Hogs
Dec LHZ3
Momentum Pinball Buy
R3  58.435     R2  58.414     R1  58.395
DP  58.364
S1  58.345     S2  58.314     S3  58.295
  Hi    58.401   58.420
Low  58.351   58.332

GRAINS
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
Corn
Dec CZ3
High Breakout Cont. Setup
R3  229^3     R2  227^2     R1  225^3
DP  223^3
S1  222^0     S2  220^0     S3  218^3
  Hi    226^1   227^2
Low  222^1   221^0
Wheat
Dec WZ3
2 Day ROC Buy
90-10 High Continuation
Momentum Pinball Sell
R3  365^2     R2  361^0     R1  357^0
DP  350^0
S1  346^0     S2  339^0     S3  334^1
  Hi    358^2   362^3
Low  347^2   343^1
Soybeans
Nov SX3
No Pattern Signals fired
R3  669^2     R2  664^3     R1  658^3
DP  652^1
S1  646^1     S2  639^3     S3  634^2
  Hi    659^1   664^0
Low  646^3   642^0
Soybean Meal
Dec SMZ3
NR4 Signal
R3  201.12     R2  196.33     R1  194.87
DP  193.03
S1  191.57     S2  189.73     S3  185.53
  Hi    195.05   196.31
Low  191.75   190.49
Soybean Oil
Dec BOZ3
High Breakout Cont. Setup
R3  24.95     R2  24.70     R1  24.43
DP  24.09
S1  23.82     S2  23.48     S3  23.08
  Hi    24.46   24.69
Low  23.85   23.61

ENERGY
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
Crude Oil
Nov CLX3
Momentum Pinball Sell
R3  29.95     R2  29.70     R1  29.43
DP  29.09
S1  28.82     S2  28.48     S3  28.08
  Hi    29.46   29.69
Low  28.85   28.61
Heating Oil
Nov HOX3
Momentum Pinball Sell
R3  .7435     R2  .7414     R1  .7395
DP  .7364
S1  .7345     S2  .7314     S3  .7295
  Hi    .7401   .7420
Low  .7351   .7332
Natural Gas
Oct NGV3
Low Breakout Cont. Setup
Momentum Pinball Sell
R3  4.435     R2  4.414     R1  4.395
DP  4.364
S1  4.345     S2  4.314     S3  4.295
  Hi    4.401   4.420
Low  4.351   4.332

METALS
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
Gold
Dec GCZ3
NR7 Signal
90-10 High Continuation
R3  390.5     R2  390.0     R1  390.3
DP  390.9
S1  389.2     S2  389.8     S3  389.8
  Hi    390.6   390.9
Low  389.5   389.1
Silver
Dec SIZ3
2 Day ROC Buy
Low Breakout Cont. Setup
R3  546.1     R2  540.0     R1  535.5
DP  529.5
S1  525.0     S2  519.0     S3  514.0
  Hi    536.3   540.3
Low  525.8   521.7
Copper
Dec HGZ3
Low Hist. Vol with NR4
2 Day ROC Buy
Low Range Close
Low Breakout Cont. Setup
R3  83.95     R2  83.70     R1  83.43
DP  83.09
S1  82.82     S2  82.48     S3  82.08
  Hi    83.46   83.69
Low  82.85   82.61

FOODS & FIBER
Pattern Signals
Pivot System S&R
Range: Normal/Ext.
Orang Juice
Nov JOX3
NR7
90-10 High Continuation
R3  76.02     R2  75.78     R1  75.57
DP  75.18
S1  74.97     S2  74.58     S3  74.14
  Hi    75.65   75.88
Low  75.05   74.82
Sugar
Mar SBH4
High Breakout Cont. Setup
R3  6.35     R2  6.14     R1  6.95
DP  6.64
S1  6.45     S2  6.14     S3  6.01
  Hi    6.01   6.20
Low  6.51   6.32
Cocoa
Dec CCZ3
90-10 High Continuation
R3  1729     R2  1717     R1  1605
DP  1543
S1  1501     S2  1469     S3  1457
  Hi    1680   1646
Low  1506   1440
Coffee
Dec KCZ3
NR4 Signal
R3  74.45     R2  74.44     R1  74.35
DP  74.44
S1  74.35     S2  74.34     S3  74.95
  Hi    74.01   74.20
Low  74.35   74.33
Cotton
Dec CTZ3
High Breakout Cont. Setup
R3  68.45     R2  68.44     R1  68.35
DP  68.44
S1  68.35     S2  68.34     S3  68.95
  Hi    68.01   68.20
Low  68.35   68.33
Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in stock and futures trading. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results.

Terms and conditions: Use of The Pattern Trapper Newsletter is granted to the subscriber of record only. Any abuse of subscriber privileges will result in denied access without a refund. All materials are copyright © 2003 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.



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