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_______The Pattern Trapper FREE! Weekly_______ Report for Wednesday, July 14, 2004
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The Pattern Trapper FREE! Weekly Report identifies important conditions and significant price levels for trading the S&P;, Dow Jones, Nasdaq, and T-Bond futures markets (both pit and electronic contracts) on Thursday of each week and is released on other days when market conditions warrant. It is delivered via e-mail on the evening before the targeted trading day. To register to receive this free report Click Here!
The FREE! Weekly Report is an abbreviated version of daily Pattern Trapper Futures Trading Newsletter. To see a sample issue of the full newsletter Click Here! To register for a two week free trial Click Here! To learn how you can incorporate Pattern Trapper methods into your own trading routine Click Here! | September S&P; 500 (SPU4/ESU4)_Most Recent Trading Day With Pivot System ______Historical Volatility & Narrow Range Days _S&R; Levels and 5, 15, and 30 Minute 20EMAs._____Expect range expansion when HisVol is low. ______
Pivot System S&R; Levels Used to determine relative value. Signficant shifts in market psychol- ogy often occur near these levels.
R3_1119.70 R2_1117.87 R1_1116.03 DP_1114.17 S1_1112.33 S2_1110.47 S3_1108.63 | | Range Projections This market will tend to trade within the Normal High/Low Range levels noted below. If they are exceeded, use the Extended levels.
Extend High:_1117.46 Normal High:_1116.05 Normal Low: _1112.35 Extend Low: _1110.94 |
Pattern Signals Fired for Today's Trading in the September S&P; 500 (SPU4/ESU4) A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
NR7 with an Inside Day - Trading range narrowest of last 7 days and within range of the prior day. Range expansion and a pickup in volatility is likely. Aggressive traders can trade the break of the prior day 1116.00 high and 1112.30 low levels. Conservative traders should wait for the first retracement after the initial breakout move.
2 Day ROC Sell Signal - Short term swing patterns identify today as a sell day. |
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September Dow Jones (DJU4/YMU4)_Most Recent Trading Day With Pivot System ______Historical Volatility & Narrow Range Days _S&R; Levels and 5, 15, and 30 Minute 20EMAs._____Expect range expansion when HisVol is low. ______
Pivot System S&R; Levels Used to determine relative value. Signficant shifts in market psychol- ogy often occur near these levels.
R3_10274 R2_10258 R1_10243 DP_10229 S1_10214 S2_10200 S3_10185 | | Range Projections This market will tend to trade within the Normal High/Low Range levels noted below. If they are exceeded, use the Extended levels.
Extend High:_10253 Normal High:_10242 Normal Low: _10213 Extend Low: _10201 |
Pattern Signals Fired for Today's Trading in the September Dow Jones (DJU4/YMU4) A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
NR7 with an Inside Day - Trading range narrowest of last 7 days and within range of the prior day. Range expansion and a pickup in volatility is likely. Aggressive traders can trade the break of the prior day 10245 high and 10216 low levels. Conservative traders should wait for the first retracement after the initial breakout move.
2 Day ROC Sell Signal - Short term swing patterns identify today as a sell day. |
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September Nasdaq 100 (NDU4/NQU4)_Most Recent Trading Day With Pivot System ______Historical Volatility & Narrow Range Days _S&R; Levels and 5, 15, and 30 Minute 20EMAs._____Expect range expansion when HisVol is low. ______
Pivot System S&R; Levels Used to determine relative value. Signficant shifts in market psychol- ogy often occur near these levels.
R3_1458.00 R2_1450.00 R1_1442.00 DP_1435.50 S1_1427.50 S2_1421.00 S3_1413.00 | | Range Projections This market will tend to trade within the Normal High/Low Range levels noted below. If they are exceeded, use the Extended levels.
Extend High:_1446.79 Normal High:_1441.25 Normal Low: _1426.75 Extend Low: _1421.21 |
Pattern Signals Fired for Today's Trading in the September Nasdaq 100 (NDU4/NQU4) A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
NR4 Signal - Today's trading range is the narrowest of the last four days. Range expansion and a pickup in volatility is likely. Aggressive traders can trade the break of the prior day 1443.50 high and 1429.00 low levels. Conservative traders should wait for the first retracement after the initial breakout move.
2 Day ROC Sell Signal - Short term swing patterns identify today as a sell day.
Low Breakout Continuation Setup - Multi-daypattern setup indicates that if the prior day's 1429.00 low is taken out there is good likelihood of continuation for the rest of the day. |
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September US T-Bond (USU4/ZBU4)_Most Recent Trading Day With Pivot System ______Historical Volatility & Narrow Range Days _S&R; Levels and 5, 15, and 30 Minute 20EMAs._____Expect range expansion when HisVol is low. ______
Pivot System S&R; Levels Used to determine relative value. Signficant shifts in market psychol- ogy often occur near these levels.
R3_108-12 R2_108-06 R1_107-31 DP_107-23 S1_107-16 S2_107-08 S3_107-01 | | Range Projections This market will tend to trade within the Normal High/Low Range levels noted below. If they are exceeded, use the Extended levels.
Extend High:_108-06 Normal High:_108-01 Normal Low: _107-18 Extend Low: _107-12 |
Pattern Signals Fired for Today's Trading in the September US T-Bond (USU4/ZBU4) A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
2 Day ROC Sell Signal - Short term swing patterns identify today as a sell day.
Momentum Pinball Buy Signal - A break of the first hour high is cause to become bullish. |
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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.
All materials are copyright © 2004 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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