03/28/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 28 / 2011

(Published Since 1996)

...............................................

Dateline: 6:16 pm eastern time, 3/28/2011

The ES opened a bit higher and rallied to the 1315.00-
1315.50 major zone before pulling back to 1313.50. A bounce
back to test the 1315.25 level was sold, and when the
1313.50 level broke the ES pulled back to just under 1310
and then bounced back. That bounce was to the 1312.50 level,
right at the updated resistance, and it pulled back again.
With the Sell signals given last Friday, it was noted that
the market should go into the minus column, and when the
1310 level broke/ held it triggered a sharp drop. After
breaking through the 1308.50-1307.50 "target" that 1307.50
turned into resistance on a bounce and then the downside
continued to the 1302 level given just before the close.

The market acted very timid on Monday before the break down,
as buyers backed off for fear of buying at a top. When the
sentiment shifted, the exit door was certainly crowded. This
does not look like it's just a pause in a strong uptrend.
The ES dropped 13.25 points off of its high at the 1315.25
major resistance. If that area is seen again, odds are good
that trapped longs will be grateful to get out.

On Tuesday look for early weakness to be bought, especially
if the 1296.50-1295.75 area on the ES is tested and reversed
back up. If that happens in the first 30 minutes of stock
trading, then a bounce could be a decent one but set up a
shorting opportunity when the upside stalls/ reverses. A
bounce shouldn't be more than 7.50 ES points and fail
at/under the 1309.25-1309.75 area on the ES and the 2308.75-
2309.50 area on the NQ if the Friday high at 1315.25 was a
short term top.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1305.25-1306.00
1309.25-1309.75
1312.25-1312.50
1315.25-1315.50


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1302.00
1300.50-1300.00
1296.50-1295.75
1292.50-1292.00 *major


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2300.50-2301.50
2308.75-2309.50
2316.75-2318.00
2325.50-2326.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2294.75
2291.50-2290.50
2285.50-2284.50
2276.50-2275.50 *major

Click Here to Sign Up for a FREE Delayed Trial AND a BONUS,
My "Basic Guide to Support and Resistance Trading!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
************************************************

03/27/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 27 / 2011

(Published Since 1996)

...............................................


Dateline: 5:36 pm eastern time, 3/27/2011

The market got of to a shaky start last week as the ES
failed at the 1296 area and sold off to 1279.25 by Wednesday
morning. The market turned up and took out the 1296 area on
Thursday's gap up open at 1300 on the ES. That 1300 level
was sold on Thursday's open, and then a drop to the 1292.50
level on the ES and 12100 level on the Dow cash was held in
the morning. The market got its footing and the ES got back
over 1300 on Thursday afternoon. Then, on Friday the ES
rallied to the 1314.50-1315.50 resistance zone and failed,
then dropped to the 1308 support area before the close.

The market sentiment has gotten frothy as it approaches the
February highs. The VIX dropped 40% in the last 7 days, and
the Friday action by the VIX gave 3 of 5 possible sell
signals. A reversal by the VIX on Monday would be a heads-up
that sentiment is shifting, and the market would be
vulnerable for decent pullback at the least. Other short
term gauges are slightly overbought, while the intermediate
term indicators have a lot of catching up to do.

On Monday the market will be vulnerable unless there is a
move over the initial resistance zones, and it holds on a
pullback. If that happens in the early going, and the 1313
area is held on a pullback, it could give the market one
more run up towards the 1319.50-1320.50 area on the ES
before there is a decent pullback. On the other side of the
coin, if that 1313 area is not exceeded, and the initial
support is broken through, then a move towards the 1300 area
looks to be in the cards short term. A move back to that
area should be defended unless things are changing on the
bigger picture, so that could be seen as a very good place
for buyers to step to the plate. If not, then the 1296 area
will be key as it was the breakout/ transition zone on the
upside.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1312.50-1313.00 *key
1315.00-1315.50
1319.50-1320.50 *major
1324.25-1325.00


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1308.50-1308.00
1305.25
1300.50-1300.00 *strong
1296.00-1295.50
1292.50-1292.00 *major


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2325.00-2325.50 *key
2329.75-2330.50
2337.50-2338.25 *major
2345.25-2346.25


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2313.75-2312.00
2309.25
2301.00-2300.25 *strong
2292.50-2291.75
2285.50-2284.50 *major


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/24/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 24 / 2011

(Published Since 1996)

...............................................

Dateline: 6:45 pm eastern time, 3/24/2011

The 7.75 point gap up open on the ES was sold at 1300, and a
sell-off to 1292.50 updated support on the ES and 12100 on
Dow cash followed. That support held, and a trend up move to
the updated 1302-1303 area followed then stalled out. A test
of updated support at 1300.50 held and a pop up to 1304.75
occurred. Another drop held right at 1300 on the ES, and
after a test of the high failed, the pullback that followed
held the 1303 transition level and went to 1306.75 before
pulling back in the last half hour of trading.

On Friday we get GDP before the open, and the Michigan
Sentiment survey release 25 minutes after stocks open. The
Thursday action was a trend up day with a few hiccups but
there was a clear breakout above the 1296 resistance on the
ES on Thursday. Normally a trend day will be followed up by
a day of 2 sided action. Given that most internal gauges are
neutral, that makes it more likely. The thing that is
bothersome about being a buyer up here is the plunge by the
VIX. It closed almost 20% under its 10 day average close. If
it reverses, then I'll get several sell signals. It hasn't
reversed yet.

It looks like the 1303 area on the ES will be key on a
pullback on Friday. As long as that area is held, then no
damage is done and the market can move higher. Still, if
there is a good run-up (and there may be early if after
hours earnings keeps the futures up) and it runs out of
steam and stalls, expect a decent and tradable pullback.
Both sides should be in play, and a move up to round the
1314-1315 area would be a pretty big hurdle to clear. If
they melt-up towards the 1320 area, that would be the max
before a good sized pullback. Next week is the end of the
quarter, and we should get a decent pullback in front of the
"last 2 days of the month, first day of new month" upside
tendency.


June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1307.50-1308.25
1310.50
1314.50-1315.50
1320.50-1321.50

June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1303.25-1302.75
1300.50-1299.50
1296.00
1292.50-1292.00


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2316.50-2318.00
2322.00
2328.50-2329.50
2339.00-2340.50

June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2306.00-2305.00
2298.50-2297.50
2285.00
2273.00-2272.00

---------------------------


REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/23/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 23 / 2011

(Published Since 1996)

...............................................

Dateline: 6:45 pm eastern time, 3/23/2011

Folks, my apologies for not being able to update this
afternoon. A lightning strike about 70 feet from my office
window blew out Frontier's FIOS box, Invisible Fence's
circuit board, 2 garage door openers, and killed a goose.
Three pair of geese came by to join the mourning. Power and
PC's not affected, but was without a connection until 4pm.
Not a normal day. :-) Hopefully Thursday is less chaotic.
Thanks Ziad for your help this evening. On to the market...

After a lower open the ES made a double bottom at the
1279.25-1279.50 area and turned up. The ES broke/ held
1282.50 and reached 1289.00 shortly before 1pm. The pullback
held the 1286 dynamic support and the ES tested the 1295.75-
1296.25 zone with 40 minutes left, then buyers backed off
and the ES dropped from 1296.00 to 1291.25 by the close.

The SP500 Cash rejected the 1300 level for the third time
this week. That is the key resistance to clear and hold
above to avoid this being another run up before another good
sized drop in this trading range. In order to have a good
chance to do so, the 1289 area needs to hold on a pullback,
or quickly reverse if broken. If a pullback holds that area,
and the 1296 area on the ES (and 1300 on SPX) is cleared and
not rejected, then a push towards 1301.50-1303.00 could
occur, but would likely be reversed if it is reached.


June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1316.00-1318.00
1308.00-1309.00
1301.00-1303.00
1296.00-1297.00


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1291.00-1292.00
1287.25-1288.50
1285.00
1282.50-1282.00
1279.00-1278.50


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2325.00-2328.00
2305.00-2308.00
2290.00-2293.00
2775.00-2276.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2263.00-2264.00
2254.25-2255.25
2249.55
2242.00-2243.00
2230.50-2231.00



---------------------------


REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
************************************************

03/22/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 22 / 2011

(Published Since 1996)

...............................................

Dateline: 6:19 pm eastern time, 3/22/2011

We came into Tuesday expecting lower prices, and for bounces
to fail, and got just that. The ES popped up to 1294.75 in
the first 10 minutes (1295.50 was initial resistance, just
missed), then dropped to double bottom around initial
support at 1290.50 on ES and 2253.50 on NQ. A bounce stopped
1 tick under updated resistance at 1294.25 and reversed
again. A 6.00 point drop to the 1288.25 level was reached,
and 12000 on the Dow cash held too, and the ES bounced to
1293.00 and reversed again. It set up another shorting
opportunity and the market obliged as the ES fell 4.50
points to 1288.50 then bounced again. That was just 3.25
points, then a drop to 1287.50 followed. A bounce started at
2pm but that failed at 1290.75 and then was sold into the
close.

The market worked off most of the overbought readings from
Monday, except for the Vix dropping a bit more on Tuesday.
At the moment the market looks range bound, with limited
upside unless the ES can get over the initial resistance
areas and hold on Wednesday. Even then, something unexpected
needs to happen to spur another run up towards the 1295.75-
1296.25 area on the ES. Below, the ES still has a gap on the
daily chart at the 1285.00 level. A test of that area, if
held and/or quickly reversed, should give a bounce if the
market is not getting into trouble again.

On Wednesday the upside will be suspect unless the initial
resistance is cleared. If that is not cleared, then odds are
pretty good that we see that 1285-1284 area tested before
any attempt to get turned back around. If that occurs, then
the rebound back up would need to push back up over the
1290.50 area, and stick, to undo the damage that would be
done.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1


1290.75
1293.25-1293.75 key
1295.75-1296.25
1297.75-1298.50


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1


1288.00-1287.50
1285.00-1284.50 key
1282.00-1281.50
1276.75-1276.00


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1


2259.25
2263.50-2264.00 key
2267.50-2268.25
2271.00-2272.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1


2254.50-2253.75
2250.50-2250.00 key
2244.50-2243.50
2234.50-2233.50


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/21/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 21 / 2011

(Published Since 1996)

...............................................

Dateline: 5:39 pm eastern time, 3/21/2011

The ES gapped up more than 15 points and held the 1288 area
on a quick dip and continued moving higher to 1296.25 in the
first 40 minutes of trading. Then, for the rest of the day
the ES traded mostly between 1295.50 and 1291.75 until the
last 30 minutes. A drop from 1295.25 top of the range
stopped at 1290.50 with 30 minutes left, then a move back to
1294.75 was sold into settlement.

Since making a low last Wednesday the SP500 is up 41.50
points on a closing basis. The NYSE has had more than 2180
advancing issues for 3 days in a row. The 3 day thrust
oscillator reached +.80, which is a short term extreme.
Sentiment shifted fast, as the Vix dropped almost 16% on
Monday. The Nasdaq weakened in the afternoon, not confirming
the test of the highs by the blue chip averages. Lastly, the
1295.50-1296.25 area on the ES was rejected 4 times on
Monday, as buyers pull bids when the market stalls out. The
good news is that the 12000 level on the Dow cash was not
broken and bounced back into the close.

Expect the market to have trouble holding gains on Tuesday.
The 1296 level on the ES needs cleared to possibly squeeze
shorts and move towards the 1303-1304 area, but that would
be maximum upside for this move. On the downside, a drop to
the 1284.25-1282.50 zone on the ES should be key, and give a
good snap back rally in gear if a drop stalls/ reverses from
that area.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1295.50-1296.25
1297.75-1298.50
1303.50-1304.25

June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1290.50
1287.75-1287.00
1284.25-1282.50 key zone

June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2261.50-2262.00
2267.50-2268.25
2276.50-2278.00

June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2253.50
2244.50-2243.50
2234.50-2233.50 key


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/20/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 20 / 2011

(Published Since 1996)

...............................................

Dateline: 5:36 pm eastern time, 3/20/2011

The market started out will a selloff last week and it
lasted into Wednesday afternoon. The internal gauges and Vix
buy signals gave the market a reason to rally, and after
Thursday's gap up open the ES topped at 1274.50 and then
backed off. The pullback to 1261.50 area on the ES and 11700
on the Dow cash were held, and buyers took over again. On
Friday the ES gapped up 15.75 points and at the 1284.50
resistance, and that set up a selling opportunity as the ES
reached the 1277-1276 target on the way to 1275.00. We
called it a day, but did update late that 1272.50 was
support and the 1275.50-1276.50 zone was bounce resistance
that needed cleared/ held. That bounce topped at 1276.75 and
a drop to 1270.75 occurred around 3 pm. A bounce brought the
market back off its lows and the market held together to end
the week.

On Friday the market had trouble holding on to gains as the
high was made on the open and low made with an hour left to
trade. The volatility was still good, despite the range
contraction. The short term internal gauges that were so
oversold on Wednesday have returned back to neutral, so that
prop has been lifted. The intermediate term internal gauges
topped before price and still are looking bad. The market
still looks skittish, and given the damage done recently,
the upside should have a hard time holding gains.

On the flip side of the coin, on the deeper drops the market
has been able to find support, turn up and give a decent
bounce. This is what is expected this week. If the market
retreats back towards the 1262.50-1261.50 area on the ES and
11700 area on the Dow cash, and can hold and reverse from
around there, then it could set up a good trade on the long
side.

If the market rallies early instead, the ES needs to break
and hold over the 1276.75-1277.50 initial resistance to get
a move going to test the 11900 area on the Dow cash and
possibly the 1284.50-1285.00 area on the ES. If the market
can push further, then a move towards the 1293.25-1294.00
area on the ES is possible before another good sized selloff
sets up.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1276.75-1277.50
1280.25-1280.75
1284.50-1285.00
1288.50-1288.50
1293.25-1294.00


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1271.50-1270.75
1267.25-1266.50
1262.50-1261.50
1256.00-1255.25


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2227.00-2227.50
2233.50-2234.25
2242.50-2243.50
2248.00-2249.00
2256.50-2258.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2215.50-2214.50
2208.75-2207.75
2196.75-2195.75
2188.00-2186.50


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker'sTechnical Look

Hi Folks,

I recorded a look through my spreadsheet of internal
gauges to show why the market had reason to rally
on Thursday, and a quick comment on what they say
bigger picture. Take a look by going here:

http://www.youtube.com/watch?v=5uqKQ19i0_A

Good trading,
Mike


This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)

03/17/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 17 / 2011

(Published Since 1996)

...............................................

Dateline: 5:46 pm eastern time, 3/17/2011

Tonight's update is a short one due to prior commitment. The
market was up big to start the day but had good moves both
ways. For now, the early afternoon lows around 1261.50 on
the ES and 11700 on the Dow cash look like key support to
hold to avoid a bad end to the week. The Nasdaq futures NQ
looks vulnerable, and should lead the way on Friday. It's an
option expiration day, and with the recent damage done, it
should be hard to hold gains.

There will be no updates sent on Friday. I will try to
Instant message early, but will be taking off early, so the
next nightly update will be sent on Sunday night.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1272.00-1272.50
1276.00-1277.00
1283.75-1284.50


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1265.50-1265.00
1262.00-1261.50 [and 11700 area on Dow CASH]
1258.25-1257.50
1251.00-1250.50
1244.00-1243.50


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2230.75-2232.25
2243.25-2245.25
2252.50-2254.00

June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2220.25-2218.75
2214.00-2212.50
2208.25-2207.50
2200.75-2200.00
2187.50-2186.50


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/16/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 16 / 2011

(Published Since 1996)

...............................................

Dateline: 6:16 pm eastern time, 3/16/2011

The ES dropped under the 1268 support in the first 15
minutes but turned right back up just missed 1275 updated
resistance before backing off. The pullback held 1270.50
updated support and pushed to a high at 1276.00. A wedge
formed in the process, and the break was sharp as the ES
dropped to 1255.50 to match the Monday low area. A 7.50
point bounce failed at 1269.00 and a quick drop to test the
low followed. A bounce from 1256.25 stopped at updated
resistance at 1263.75, and that set up a short for a drop
to/ through the 1248-1247 target to 1243.25 low, then
reversed sharply. That bounce could not get over 1263 and
11700 on the Dow cash and hold, leading to another 11.75
point drop into the close.

The market doesn't look like it's out of trouble yet. There
were 2 Vix buy signals and the short term internal gauges are
very oversold. Another drop to the 1243.50-1242.50 zone on
the ES would need to be defended and aggressively bought to
begin to try to make a bottom. More important would be a
show of strength by getting over the 11700 area on the Dow
cash and the 1263-1264 area on the ES. The market remains
vulnerable unless those are cleared, then can hold on a
pullback.

That said, expect another volatile session on Thursday.
There are plenty of swings to trade, if things set up
especially at a good resistance or support area. We had
these swings of 4+ points on the ES on Wednesday:

1267.25
1276.00 +8.75
1255.50 -20.50
1269.00 +13.50
1256.25 -12.75
1263.75 +7.50
1243.25 -20.50
1262.75 +19.50
1251.00 -11.75

That equals 104.75 points of travel in the day's range.
Catch a good part of just one of those is a good day,
especially compared to the dull grind to the 1343 February
top.

If there is early strength on Thursday, it should be a short
under initial resistance. On a drop, the 1243-1242 area is
key on Thursday and must hold near there or we get another
decent sized drop and see the 1238.75-1238.00 area (or
lower) before that good reversal rally occurs.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1258.25
1262.75-1263.75
1267.75-1268.25
1274.50-1276.00


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1251.00-1250.50
1243.50-1242.50
1238.75-1238.00


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2214.50
2222.75-2223.75
2228.75-2229.75
2247.75-2249.50


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2200.75-2200.00
2187.50-2186.50
2181.00-2179.75


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/15/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 15 / 2011

(Published Since 1996)

...............................................

Dateline: 6:20 pm eastern time, 3/15/2011

The ES opened down 34.50 points on Tuesday, and after a 10
point bounce to 1265.25 failed, a drop to test the low was
bought and a trend up move was underway. The break/ hold
over 1265 kept the move going into the Fed release. After
the release there was a quick drop, then a reversal back up
started a choppy uptrend that lasted until just missing the
1284 resistance. With 20 minutes left in stock trading the
futures broke the 1280.50 trend support as the ES dropped
10.75 points into the close.

The market is not out of the woods yet, especially if the
initial support is not defended on Wednesday. The ES did
make a low at a logical support area, but it was over after
the open and the market moved higher most of the day.
Another shake-out should be in the cards before a good rally
could occur. That 1284 area was soundly rejected, so if it
is cleared there could be one more run up towards the
1287.50-1288.50 zone on the ES. That should be the maximum
upside (assuming there is enough strength to get over 1284
on the ES and 11900 on the Dow cash and not quickly reverse)
if there is more downside coming this week.

So, on Wednesday look for early strength that
stalls/reverses near the initial resistance for a good trade
on the short side. If the initial support is defended on a
pullback, the market should continue to stay in a 2-sided
trading range by bouncing back towards the 1277 area but
that should be it unless the ES is on its way to test
Tuesday's highs. If that 1269.00-1268.25 area is not
defended, then a drop towards the 1265.00-1264.50 area
should be in the cards easily, and possibly back to the 1258
area where the market should hold if it's not coming apart
again.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1283.75-1284.50
1287.50-1288.50
1293.00-1293.50


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1269.00-1268.25
1265.00-1264.50
1258.50-1257.50
1255.50-1255.00
1248.00-1247.25


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2268.50-2269.50
2273.00-2374.00
2278.75-2280.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2243.00-2241.50
2234.50-2233.50
2224.50-2223.50
2214.50-2233.75

Click Here to Sign Up for a FREE Delayed Trial AND a BONUS,
My "Basic Guide to Support and Resistance Trading!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/14/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 14 / 2011

(Published Since 1996)

...............................................

Dateline: 6:36 pm eastern time, 3/14/2011

The ES opened down 11 points and reversed up from just over
the 1289.00-1288.50 support zone, and after a pop and retest
of 1289.50 again, a rally to the updated resistance zone at
1294.50-1295.25 followed. Buyers backed off and a trend down
to a new low for the move at 1281.50, and then 1285 turned
into resistance on a bounce. The first rejection of that
area turned the ES down and it reached 1281.00 while the Dow
cash dipped just under 11900 and the move was reversed. That
1285 level was broken, and then held on a dip, and the
market was able to rally back into the close.

We had good volatility to start the week, and it should
continue the way things look. Once again the market was on
the ropes, about ready to get knocked down, but that 11900
area on the Dow cash (and also 2271.00-2269.25 zone on NQ)
were well bid, and gave the market a decent reflex rally
back. This action is fairly similar to the action seen
leading into the March 3rd high. At this time the indicators
are neutral to slightly oversold. The only "good" thing was
a close under the 50 day moving average, as that sparked a
rally last Friday. There was 1 Vix buy signal, but not
that's not enough to have a strong bias. One thing seems to
good odds, and that would be another test of the 11900 area
on the Dow cash finding buyers. If they get there again,
shorts should be happy to lock in profits and bulls should
want to see that area again to buy. If that is not defended,
then it could end with a mini melt down towards the 1272.50
area which would be very key to hold.

On Tuesday we get the FOMC Rate Decision at 2:15pm. The end
of day pattern was somewhat bearish, and the market did end
with uptrends so if there is early strength that should set
up a scalp at least on the short side. That's especially the
case if there is a run up towards the 1298.50-1299.25 zone
that stalls out. If there is weakness early instead, the
initial support areas are the first key areas to hold. The
NQ double bottomed on midday, and acted like there were
buyers waiting around the initial support areas late on
Monday. If the market tests those initial support areas, it
needs to reverse fast, otherwise the stair step higher will
start to crack and lead to more room to go on the downside.
After the Fed release, there usually is an up-down-up (or
vise versa) move in the first 15-20 minutes after the
release, and then a trend develops. If there happens to be a
trend move into the release, those have good odds of
reversing.

June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1293.00-1293.50
1298.50-1299.25
1303.25-1303.75
1306.50-1307.00
1311.50-1312.50


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1288.00-1287.50
1285.00-1284.50
1281.00-1280.00
1277.75-1277.00
1272.50-1271.50


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2293.25-2394.25
2298.75-2229.75
2306.25-2307.00
2312.25-2313.00
2319.50-2321.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2284.00-2282.75
2278.75-2378.00
2271.00-2269.50
2264.00-2263.00
2258.50-2258.00

Click Here to Sign Up for a FREE Delayed Trial AND a BONUS,
My "Basic Guide to Support and Resistance Trading!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
************************************************

03/13/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 13 / 2011

(Published Since 1996)

...............................................

Dateline: 5:36 pm eastern time, 3/13/2011

The lower open reversed up from just over the 1284.50-
1284.00 zone and rallied to 1293.00. A 6 point pullback to
1287 reversed and the ES formed a triangle pattern. The
break/ hold of the 1291.00 updated support started a run up
to the 1298 resistance. A dip reversed up from just under
new support at 1294 and went trend to 1303.25 high before
pulling back in the last hour.

At this juncture, the rally from the Friday morning lows
looks like a bounce in a new downtrend. This upcoming week
will be interesting as we have a Fed day on Tuesday and a
batch of economic data on Thursday. The market was really
volatile last week, and that should continue the way things
look. The move up on Friday showed a lot more bullish
emotion than the bearish emotion on Wednesday/ Thursday. The
Vix dropped 8% and the closing Trin was a minuscule .41 on
Friday.

So, as long as the initial support areas hold on a dip early
on Monday, it should set up a trade on the long side for one
more rally towards the 1306.50 area on the ES. If that
1306.50 area is rejected on further strength, then the down
trend can resume. If the 1306.50 area is not rejected, then
the 1311.50-1312.50 area could be seen. If a pullback does
not hold the initial support areas, then a test of the
1293.30-1292.50 area on the ES and 12000 on the Dow cash
will be key, pivotal areas to defend to avoid a bad day.
That will be seen as a second chance to buy if it's just a
pullback. Otherwise, the 1285 area would be in the cards.


June 2011 SP futures resistance
symbols: emini = esm1 / big contract =spm1

1303.25-1303.75
1306.50-1307.00
1311.50-1312.50


June2011 SP futures support
symbols: emini = esm1 / big contract =spm1

1298.50-1297.50
1293.30-1292.50
1289.00-1288.50
1285.50-1284.50


June 2011 Nasdaq futures resistance
symbols: emini = nqm1 / big contract = ndm1

2306.25-2307.00
2312.25-2313.00
2319.50-2321.00


June 2011 Nasdaq futures support
symbols: emini = nqm1 / big contract = ndm1

2294.50-2293.50
2287.25-2386.50
2279.50-2278.50
2269.25-2268.50

Click Here to Sign Up for a FREE Delayed Trial AND a BONUS,
My "Basic Guide to Support and Resistance Trading!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/10/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 10 / 2011

(Published Since 1996)

...............................................

Dateline: 7:06 pm eastern time, 3/10/2011

The 1308 area on the March ES was a make/ break area for the
market on Thursday, and the gap down below that on the open
just brought in more selling. All of the listed support was
cut through, and after an hour of trading the market bounced
back to test the open/ high areas. That move ran out of
steam, and the ES dropped 11.50 points to a slightly lower
low. A bounce back failed at dynamic resistance, and a drop
to test the lows followed. A bounce started with 30 minutes
left, but it was sold too and the market dropped to close
near the lows for the day.

The market was wound up tight, and the break of the 1308
level on the March ES was broken (and the bottom of the
triangle pattern) and the energy was released on the
downside. It's the first time the SP500 closed below its 50
day moving average since September 1th, 2010.

We get Retail Sales before the open on Friday. Aside from a
reaction from that, the volatility should continue.
Amazingly, only a couple of the short term indicators are
oversold here. Another down day might change that, but we'll
see.

On Friday, if there early weakness then be on alert for a
reversal back up in the first 40 minutes at the latest. A
bounce in the first 10-15 minutes should fail at the first
resistance levels if the market has lower to go. The major
support is around the 1275 area on the SP500 cash, and would
be around 1272.50 on the ES. If the market gets down there,
it would be back to back big down days, and would need an
almost instant turn around to avoid cascading towards the
1260 area. On top, if something sparks the market to rally,
then the 1300.50-1301.00 zone on the ES is a key hurdle. If
the market goes straight up (low odds) then the 1306.00-
1306.50 area on the ES would fill the gap, and also offer
strong resistance.


June 2011 SP futures resistance
symbols: emini = esh1 / big contract =spm1

1294.25 [first 15 minutes]
1296.50-1297.00
1300.50-1301.00
1302.25-1303.00
1306.00-1306.50


June 2011 SP futures support
symbols: emini = esh1 / big contract =spm1

1288.00-1287.50
1284.50-1284.00
1279.50-1278.50
1274.00-1272.50 -major


June 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndm1

2287.75 [first 15 minutes]
2291.50-2292.50
2296.75-2297.50
2300.75-2302.25
2306.25-2308.00


June 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndm1

2276.00-2275.25
2271.50-2270.50
2262.75-2261.50
2256.25-2254.50



---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/09/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 9 / 2011

(Published Since 1996)

...............................................

Dateline: 6:16 pm eastern time, 3/9/2011

The ES broke initial support and dropped to the 1312.50-
1312.00 support, bounced back to 1317.50 old support, and
then dropped again to test the low. The double bottom at
support made a good low, and the ES bounced to 1322.25. The
move stalled, then reversed back down to break 1312.50-
1312.00 zone and then quickly reversed back up again. A
rally back to 1321.50 was sold, and was rejected 2 more
times before selling off to 1315.00 by the close.

We get the Initial Claims data before the open on Thursday.
The market is still winding tight in a trading range. On
Wednesday the ES had a 12.00 point range from high to low,
but the market didn't lack volatility. These were the moves
of 4+ points on the ES on Wednesday:

1313.00
1317.50 +4.50
1313.25 -4.25
1322.25 +9.00
1311.50 -10.75
1323.50 +12.00
1317.25 -6.25
1321.50 +4.25
1316.50 -5.00
1321.50 +5.00
1315.00 -6.50

That equals 67.50 points of travel within the 12 point day
session's range, and shows a tightly wound market. With the
1321.00-1321.50 zone being rejected a number of times, a
move lower should occur early on Thursday. If the 1312.00-
1311.50 area is not reversed back up early on Thursday, then
momentum could get steam and the market should unwind to the
downside. It will take a break/ hold over 1321-1322 to get
anything going on the upside. Stay with selling bounces
unless that area is cleared and held on a pullback.

NOTE: I didn't realize until after doing the S/R work that
Thursday is rollover to September futures. I'll move to
those contracts on Thursday. My apologies.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1321.00-1321.50
1324.00-1324.50
1327.75-1328.25


March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1315.00
1312.00-1311.50
1308.50-1308.00
1302.00-1300.50


March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2327.50-2328.50
2332.50-2333.25
2344.00-2345.00


March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2311.25
2308.25-2307.50
2302.25-2301.25
2393.50-2392.50


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/08/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

3 / 8 / 2011

(Published Since 1996)

...............................................

Dateline: 5:46 pm eastern time, 3/8/2011

We came into Tuesday looking for a test of 1313.75 to be
sold, and a pop up to 1313.00 set up shorting opportunity as
the ES fell 7.00 points to 1306.00 in the first 30 minutes
of trading. The market reversed back up and the ES held
dynamic support on its way to 1319.00 and then churned.
After a dip, that was broken and it continued to hold new
support on the way to 1325.75. We looked for a short and the
drop went to 1319.50 updated support and reversed back up.
The bounce made a 1-2-3 top at the 1324-1325 sell zone, then
dropped 6 points to 1318.75 before the close.

Once again we had a good rally, but buyers back off when the
upside gets stretched and risk of being stuck long goes way
up. The averages all had inside days on Tuesday, and the
late drop is a "tell" for lower prices it appears.

On Wednesday, if the initial resistance is tested it should
set up a very good odds shorting opportunity. That 1324.00-
1324.50 area should be sold if tested early, ala Tuesday's
early action, for a quick drop at least. If that plays out
and the 1318.75-1317.75 zone is reached, another turn back
up should occur IF the market is going to stay range bound.
If the market dips down there and reverses, it should set up
a rally attempt if the market is still in decent shape, to
test the 1324 area possibly. However, if that area is not
defended, then the 1312.50-1312.00 zone should be in the
cards again before a bounce occurs. If buyers don't step in
there, it is back towards the 1308 area where it should be a
make/ break area for the market.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1324.00-1324.50
1327.75-1328.25
1331.75-1332.50


March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1318.75-1317.75
1312.50-1312.00
1308.50-1308.00
1304.50-1304.00


March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2344.00-2345.00
2352.50-2354.00
2359.75-2361.00


March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2331.00-2330.00
2324.00-2322.50
2313.50-2312.75
2307.00-2306.25

Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/07/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
3 / 7 / 2011
(Published Since 1996)
...............................................

Dateline: 6:36 pm eastern time, 3/7/2011

The ES gapped up on the open but stalled out at 1327.25
before dropping to fill the gap. A bounce then reached
1323.75 and reversed, and a trend down move to 1302.75
followed. That was just over the 1302 last support, and
having dropped 24.50 points on the ES and 65.00 points on
the NQ, the market had a relief rally to fail in the last 30
minutes of trading.

Once again we had the market get hit hard with selling, and
then come back with a late day decent sized rally. One of
these day the market is not going to find buyers stepping in
front of the selling and cause a big down day. The only
technical plus is the back to back days with a closing Trin
above 1.20. Since topping a couple of weeks ago, this
occurred twice and both times it led to big up days.

The way the market is acting, the upside still should have a
hard time holding. If the initial resistance is not sold on
a test, then the market is stronger than anticipated on
Tuesday. That area will be sold if the market is still weak.
On the other side of the coin, a drop to the initial support
areas must be held/ reversed or the market is back in
trouble again on Tuesday and the 1290's can be seen on this
leg down. The market is still range bound, so if the ES
doesn't get turned up from the 1304.50-1304.00 zone, the
1298.25-1297.50 area is possible on this leg down.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1313.75-1314.50 *key early
1319.50-1320.75
1324.00-1324.50 *strong
1327.25-1328.00

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1308.50-1308.00
1304.50-1304.00
1298.25-1297.50

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2334.00-2335.00 *key early
2344.50-2346.00
2355.00-2356.00 *strong
2365.25-2366.25

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2324.00-2322.50
2312.00-2311.25
2306.25-2305.50

Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.
www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/06/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
3 / 6 / 2011
(Published Since 1996)
...............................................

Dateline: 5:36 pm eastern time, 3/6/2011

The 1329 level on the ES was the key level to break/ hold on
a bounce to start a decent drop. We got exactly what we were
looking for as the lower open was bought, but the bounce
stalled right at 1329.00 and then started its move down. A
bounce from Thursday's 1319.25 low level reached the updated
key resistance at 1324.00-1324.50, and a double top there
gave another short just before a drop of 12.50 points to the
1311.50 level. A run up to 1316.25 failed, then it was right
back down to 1311.25 again. The market started a rally
around 2 pm, but it was early for such a move to stick and
after just poking over the 1317 target for that move, it was
right back to 1311.50 again. That kept the market in a
"comfort zone" and with 30 minutes left buying and shorts
covering gave a rally back to 1322.00 before the close.

The market had very good moves in both directions last week.
It looks like this should continue barring some extraneous
event happening. A trading range has developed, and as long
as that 1312.00-1311.25 zone on the ES and 2347.00-2346.50
zone on the NQ (and 12080 on the Dow cash) are held on a
pullback, the market will avoid any trouble. Holding on to
any gains though should not be a simple task, as there are
still buyers trapped around 1324 and 1329 on the ES. Those
are the hurdles to clear, and not reject, to get a good
rally going.

On Monday, if early weakness can hold the initial support on
a dip, the upside should continue and a run up to test or
break the initial resistance is likely. If the market opens
higher, around the zone on the ES and/or the 2366.50-2367.00
zone on the NQ and stalls/ reverses, then a decent sized
pullback can occur. If that is the case, and the market
drops through the Friday afternoon lows, then another push
towards the 1307.50-1306.50 zone is likely before a turn
around occurs again.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1321.75-1322.50
1324.25-1324.50
1328.50-1329.00
1332.50-1233.00

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1317.75-1317.00
1312.00-1311.25
1307.50-1306.50

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2362.50-2363.50
2366.50-2367.00
2372.00-2374.00
2378.25-2379.00

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2355.50-2355.00
2347.00-2346.50
2338.50-2337.50

Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.
www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/03/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
3 / 3 / 2011
(Published Since 1996)
...............................................

Dateline: 6:36 pm eastern time, 3/3/2011

The ES opened up 13.50 points and ran to 1325.50 before
pulling back to 1320.75. They turned right back up and the
1324 area on ES was cleared/ held 1324 on a dip and pushed
higher to 1329.00. Another small dip held updated support at
1326.50 and then the 1332.00 level was tested. A dip to
1329.00 new support held and the ES tested the 1332 again
before a small pullback into the close.

We get the employment data before the open on Friday. That
1332 area was the Tuesday morning gap up high, and was
turned away twice late on Thursday. That area needs cleared,
and held on a dip, to avoid a potential double top. Thursday
was a trend up day, and back to back trend days in the same
direction are rare.

That said, we should see two-sided action on Friday. As long
as the 1329 level holds the market will stay in uptrends and
try pushing higher. No harm is done as long as that holds or
is quickly reversed. If it is broken, then a drop towards
1324 area would hold if the market is avoiding trouble. On
the upside, if the 1331.50-1332.50 area is not rejected
again, then a move towards the 1334.75-1335.50 that stalls/
reverses could bring in selling. If the market gets there,
and doesn't reverse, it will be a surprise but then the
1338-1339 area would be likely on this leg up.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1331.50-1332.50
1334.75-1335.50
1338.50-1339.00
1343.00-1344.00

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1329.00
1324.50-1324.00
1320.75-1320.00
1314.00-1313.50

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2375.50-2376.00
2380.50-2382.00
2390.25-2391.50

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2370.25
2366.50-2365.50
2359.75-2358.00
2342.00-2341.00

Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.
www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/02/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
3 / 2 / 2011
(Published Since 1996)
...............................................

Dateline: 6:46 pm eastern time, 3/2/2011

NOTE: The Instant Messages sent intraday are a part of your
paid subscription. If you are one of those not taking
advantage of this, see the log from today, as lots of
guidance is given each day.
http://www.tradestalker.com/log.htm

On to the market...

The ES opened higher and ran up to the 1309.50-1310.00 zone,
which was a short, and pulled back to 1306.25. Another
bounce to 1309.50 was rejected, but the next dip held
updated support at 1306 and then took off to 1313.75.
Shortly after that, by Instant message I stated that a high
was in and the reversal took the ES down to 1301.50 by noon.
The ES turned up from 1301.50 and bounced back to the
1309.50-1310.00 zone again, setting up another pullback to
1304.00 when the Beige Book was released. Another test of
1309.50 failed, but another Instant Message stated:

"(Mar 02-14:32) Mike: 06 has to hold, if it can
hold, 12 area possible on breakout"

The 1306.00 level held and we got a rally to 1311.75, a dip,
then a pop to 1312.25 was rejected. Another Instant Message
stated:

"(Mar 02-15:14) Mike: small shorts up here" [1311
on ES then]

And a bit later this:

"(Mar 02-15:25) Mike: 09.50 key end of day, then
06 area"

The ES dropped to 1305.00 before bouncing back a bit into
settlement.

We get Retail sales in the morning. The market still acts
toppy and nervous. The ES and NQ both had inside days after
the Tuesday drubbing. At this point, with bounces not able
to stick, the short side should offer the better
opportunities. The ES and NQ would both need to clear the
initial resistance areas, and stick, to get out of trouble
and turn things around. Unless that happens, selling a
decent pop up on Thursday morning should be a good odds
trade.

On the bottom side, a drop that can hold/ reverse from the
1297.50-1296.50 zone on the ES should set up a snap back
rally. If that area is not defended, then the market will be
under pressure and the 1292.50-1291.50 zone could then be in
the cards. That is major short term support that must hold
to avoid a late week nose dive.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1312.50-1313.50
1316.50-1317.00
1321.50-1323.00

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1304.40-1304.00
1300.50
1297.50-1296.50
1292.50-1291.50 *major

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2339.00-2341.00
2346.50-2348.00
2354.75-2356.00

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2319.50-2318.25
2312.50
2308.50-2307.50
2296.75-2295.50 *major

Click Here to Sign Up for a FREE Delayed Trial AND a BONUS,
My "Basic Guide to Support and Resistance Trading!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

This publication's primary focus is trading the index
futures ($ES_F)and($NQ_F). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), (VIXY), and (DOG)

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

03/01/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
3 / 1 / 2011
(Published Since 1996)
...............................................

Dateline: 5:29 pm eastern time, 3/01/2011

The gap up open was reversed right away from 1332.50 on the
ES, setting up a shorting opportunity and the ES went trend
down to the 1317.50 level (1317.00 was support). A bounce
failed/ reversed at 1325.00 and a drop to the key The
1312.50-1310.00 area followed. A bounce from 1312.50 support
to 1316.75 failed (1317 was updated resistance) and set up
another entry before the market headed back down and reached
1305.50 by 2:40pm. The 1309 new resistance was rejected
twice, and the group was told that lows could be made at
1302-1302 or at the close. The break/ hold of 1307 sealed
that deal as the ES dropped to its 1300.75 low in the last
few seconds of futures trading.

For a change, there was no late day rebound as the bulls
have become accustomed to lately. at this juncture, a 1-2-3
type of top has formed. A test of the 1292.50-1291.50 area
would need to be quickly reversed, and rally with some
gusto, to avoid a melt-down type of move. For the market to
avoid trouble and get back into uptrends, both the 1309.50-
1310.00 area on the ES and the 2319.75-2320.50 zone on the
NQ (also 12100 on the Dow cash) will need to be cleared, and
then held on a pullback.

So, if the market opens lower, a bounce needs to start from
the 1298.00-1297.50 area on the ES to avoid a deeper
pullback. If that occurs, a bounce that stalls out near the
1304.50-1305.00 area should be sold if the market is going
lower. That would be the first hurdle for the market to
clear if it's not falling apart short term. A test of the
1292.50-1291.50 zone on the ES would need to be quickly
reversed, otherwise the downside could gather momentum and
break towards the 1282.50-1281.50 zone where the market must
catch a bid or collapse.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1304.50-1305.00
1309.50-1310.00 key
1316.75-1317.50

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1298.00-1297.50 key early
1292.50-1291.50 major
1288.50-1287.50
1282.50-1281.50

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2315.75-2316.25
2319.75-2320.50 key
2328.50-2330.00

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2306.50-2305.50 key early
2296.75-2295.00 major
2285.50-2284.50
2278.50-2277.50
---------------------------

REMINDER:
Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:
http://www.tradestalker.com/RBIchat.htm

---------------------------

Good Trading,
Mike Reed
Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.
www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

02/28/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
2 / 28 / 2011
(Published Since 1996)
...............................................

Dateline: 6:06 pm eastern time, 2/28/2011

The ES opened 5 points higher and then double topped at the
1327.50-1328.25 resistance before there was a pullback. The
ES held 1325 and then popped up to 1329.00 before reversing.
The stall set up a shorting opportunity and the ES dropped
to 1324.50 before bouncing. That bounce stopped right at the
1326.00 updated resistance and then rolled over and fell to
the key 1320-1319 zone. The ES turned up from 1319.25, and
having filled the gap on the daily chart buying/ shorts
covering turned the market back up. The ES rallied to
1324.25 again at 3 pm, then I stated that 1322.50-1322.25
needed to hold for a run to 1326.00. Although I personally
passed on that trade, the ES did hold that support and ran
up to 1326.25 where the ES stopped and dropped back to
1324.00 pivotal support with 10 minutes left in stock
trading. More buying came in there, and the market turned
back up and rallied into the close.

The market keeps recovering after every drop, especially in
the last 2 hours of trading. This action must continue,
otherwise the market will end up getting hit like last week.
Right now, as long as the ES holds the 1322.75-1322.00 zone,
the bulls are still in charge. If that area is not held,
then a break of the Monday lows is likely in the cards, and
maybe to 1312 again.

On the upside, bids have been pulled until the market
reaches lower levels so expect early strength to be sold
into. If the ES pops up to around the 1330 level and
stalls/reverses in the first 40 minutes of trading, then
that sets up a shorting opportunity to test that initial
support. If buyers don't step to the plate on a pullback to
that 1322.75-1322.00 area on the ES, then expect the 1317
area to be a key level to be defended. If that level is
reversed after an orderly pullback, a decent snap back rally
could occur. If that is not held, then the major support is
at the 1312.50-1312.00 zone, which should be seen as a good
reversal area if the market is not in the midst of a decent
sized selloff day.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1329.00-1330.00
1334.50-1335.00
1337.50-1338.50

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1322.75-1322.00
1319.75-1319.00
1317.00
1312.50-1312.00

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2356.75-2358.00
2365.75-2366.75
2374.50-2376.00

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2343.00-2342.25
2338.50-2337.50
2334.50
2328.75-2327.75

---------------------------

REMINDER:
Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:
http://www.tradestalker.com/RBIchat.htm

---------------------------

Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.
www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer
The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.
We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

02/27/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................

TradeStalker's

Support and Resistance Update

2 / 27 / 2011

(Published Since 1996)

...............................................


Dateline: 5:36 pm eastern time, 2/27/2011


The 8 point gap up open on the ES was a surprise on Friday
morning, so we waited for the upside to stall at the
1317.50-1318.00 area to short, and a drop from 1318.00 down
to the 1312.25 updated support area occurred. That led to a
break/ hold over 1317 and a move up to 1320.00 then churning
happened for 2 hours into the close.

The market finally has seen a return of volatility. Last
week the ES had 23 different swings of 4.75 points, or more,
intraday. After topping at 1343.00, the ES dropped 50.50
points to the 1293-1292 zone on Thursday, then got turned
back up. The market got very oversold, and the Vix reversed
back down after a huge jump mid-week, sparking more upside
in stocks and by Friday afternoon the market averages had
recouped a bit more than half of its losses.

From here, the market has worked off the oversold condition
and the upside appears limited. On Monday we get the Chicago
PMI 15 minutes into trading, and the Pending Home Sales at
10 am. If there is early strength, it should be reversed in
the first 40 minutes of trading. If the 1320 level on the ES
broken through, it needs to hold or a reversal occurs. On
the first pullback, the initial support is going to have to
hold, or the next support areas will be next and key to
hold. If the 1312 area is not defended, then a move back
towards the 1308 area is likely in the cards before buyers
see a reason to step back in.



March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1

1319.50-1320.25
1322.50-1323.50
1327.50-1328.25


March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1

1317.00
1312.50-1312.00
1308.50-1308.00
1302.50-1302.00


March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1

2348.25-2350.25
2355.50-2356.50
2364.50-2366.25


March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1

2343.75
2335.25-2334.50
2326.25-2325.25
2318.75-2317.75


---------------------------

REMINDER:

Real Time subscribers can view these updates, and also get
real time instant messages, on the web at this site:

http://www.tradestalker.com/RBIchat.htm


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2011 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************