 _________The Pattern Trapper
___________ High Probability Futures Trading |
_Web Site: www.PatternTrapper.com_________E-Mail: Support@PatternTrapper.com_________Phone: 952-892-5550
____ Subscribe________ Trading Course________ Indicator Packages________ Home
_______The Pattern Trapper FREE! Weekly_______
Report for Thursday, May 13, 2004
|
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! |
June S&P; 500 (SPM4/ESM4)_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_1124.30
R2_1115.77
R1_1107.23
DP_1091.27
S1_1082.73
S2_1066.77
S3_1058.23 | | 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:_1120.31
Normal High:_1110.95
Normal Low: _1086.45
Extend Low: _1077.09 |
Pattern Signals Fired for Today's Trading in the June S&P; 500 (SPM4/ESM4)
A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
Wide Range Upside Reversal Signal
Yesterday's action likely marked a significant short term turning point with more upside to follow.
90-10 High Continuation Signal - Look for morning follow through on the strong close. |
|
June Dow Jones (DJM4/YMM4)_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_10280
R2_10204
R1_10129
DP__9984
S1__9909
S2__9764
S3__9689 | | 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:_10247
Normal High:_10163
Normal Low: __9943
Extend Low: __9859 |
Pattern Signals Fired for Today's Trading in the June Dow Jones (DJM4/YMM4)
A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
Wide Range Upside Reversal Signal
Yesterday's action likely marked a significant short term turning point with more upside to follow.
90-10 High Continuation Signal - Look for morning follow through on the strong close.
Momentum Pinball Sell Signal - A break of the first hour low is cause to become bearish. |
|
June Nasdaq 100 (NDM4/NQM4)_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_1462.00
R2_1447.67
R1_1433.33
DP_1405.67
S1_1391.33
S2_1363.67
S3_1349.33 | | 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:_1456.04
Normal High:_1440.00
Normal Low: _1398.00
Extend Low: _1381.96 |
Pattern Signals Fired for Today's Trading in the June Nasdaq 100 (NDM4/NQM4)
A pattern recognition technique which identifies today's most likely scenario based on recent price activity.
Wide Range Upside Reversal Signal
Yesterday's action likely marked a significant short term turning point with more upside to follow.
90-10 High Continuation Signal - Look for morning follow through on the strong close. |
|
June US T-Bond (USM4/ZBM4)_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_105-11
R2_104-31
R1_104-19
DP_104-12
S1_104-00
S2_103-25
S3_103-13 | | 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:_104-24
Normal High:_104-17
Normal Low: _103-30
Extend Low: _103-22 |
Pattern Signals Fired for Today's Trading in the June US T-Bond (USM4/ZBM4)
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.
Low Range Close Signal - 80-85% chance that today's low will be less than yesterday's. |
|
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. |
____ Subscribe________ Trading Course________ Indicator Packages________ Home
|