Blog

TradingPub Mid Day Report

Site Administrator | October 13, 2011

Responsive image

Sometimes time can just get away from you if you know what I mean...  Here is our first official "Mid Day" report 🙂

The SP's started their downtrend last night but have bounced back after testing the 85-87 area.  The first real rally of the day failed right up again at the 1204 area which is an area we have pointed out as important in previous reports this week.  As far as a pat on the back goes, we mentioned the importance of the 1216-1220 area in yesterday's report (published in the am) and we saw the SP's go right up to 1216.25 and hit a brick wall.  We can't tell you when that will happen but we can tell you that the market has a memory and that numbers that were important last night, yesterday, last week or last month are going to continue to be important today so do your homework and remember these numbers!

We also take a look at the swiss franc and an important area we are watching there is the 1.12 area.  That market was absolutely destroyed over the past month and looks to be trying to base in this area.  The 1.12 area should provide a pivotal test.  Click the link below to view the TradingPub Report:

 

Be sure to join us for our next event which is a TradingPub.com Special Double Header Educational Event on Trading Psychology and Support and Resistance Trading:

CLICK HERE TO JOIN THE DOUBLE HEADER!

Cheers,

The TradingPub
“Trade, Talk, Learn – Cheers to Success”
Follow us on Twitter

Disclaimer:  Past performance is not indicative of future results.  Futures trading involves substantial financial risk. Please consult your personal financial advisor before using this information for your own trading purposes.Sometimes time can just get away from you if you know what I mean...  Here is our first official "Mid Day" report 🙂

The SP's started their downtrend last night but have bounced back after testing the 85-87 area.  The first real rally of the day failed right up again at the 1204 area which is an area we have pointed out as important in previous reports this week.  As far as a pat on the back goes, we mentioned the importance of the 1216-1220 area in yesterday's report (published in the am) and we saw the SP's go right up to 1216.25 and hit a brick wall.  We can't tell you when that will happen but we can tell you that the market has a memory and that numbers that were important last night, yesterday, last week or last month are going to continue to be important today so do your homework and remember these numbers!

We also take a look at the swiss franc and an important area we are watching there is the 1.12 area.  That market was absolutely destroyed over the past month and looks to be trying to base in this area.  The 1.12 area should provide a pivotal test.  Click the link below to view the TradingPub Report:

 

Be sure to join us for our next event which is a TradingPub.com Special Double Header Educational Event on Trading Psychology and Support and Resistance Trading:

CLICK HERE TO JOIN THE DOUBLE HEADER!

Cheers,

The TradingPub
“Trade, Talk, Learn – Cheers to Success”
Follow us on Twitter

Disclaimer:  Past performance is not indicative of future results.  Futures trading involves substantial financial risk. Please consult your personal financial advisor before using this information for your own trading purposes.