May 31, 2013 Market Action

Very good range today and lots of opportunity to make
some great trades. See the chart and observe how price
moves between the support and resistance lines I had
drawn before the market opened up today. You can see
when support holds and resistance breaks where
the long opprotunities are. Then as support breaks
and is held as resistance you can see how the market
gives us shorting opportunities. 

Today was a great trading day and if you knew the setups
to look for at the support and resitance lines you would
have had a fantastic day. Don't delay get your copy of the
ebook and learn these setups ASAP.

May 30, 2013 Market Action

Today the market made a straight run in the early
going past through the initial resistance.
An overshoot of the the 1656 area brought the market
back down to the 1652 old resistance now turned support
for a move back up to test the 1656 area. The market
rejected that area and again bounced off of the 1652 support
area and continued to move up to just under the 1661 res
area before coming back down to the 1655 zone.

There were many good setups today and some real
nice trades off of what I call dynamic resistance
and support levels. I show you how to find these
dynamic levels in my ebook and DVD series. With fixed
areas and dynamic areas to trade off of, there is
no shortage of opportunity for you in this market.

May 28, 2013 Market Action

After a gap up open and run up to 1673.00 the market
came down and was pretty much in a down trend all day
until reaching the 164.00 area labeles as resistance
turned support on the gap up open.

Severl very good setups to trade today based on
my ebook setups. We had 123 top a couple of slinky
patters and some other setups which would have allowed
you to catch to catch some of the nice moves today
Don't delay get  your copy of the ebook now.

May 24, 2013 Market Action

Today the market opened up near the the 1638 support
area and made a small run to the 1642 support now resistance.
A failure there brought the market back down to break the
1638 area and it pushed down to the 1634.50 zone.
After moving sideways and holding that support zone
the market moved up to test the 1642.50 zone and
was able to break through making a run up to the 1646.25 area.
A pullback held the 1642.50 zone and the market made another run
at the highs and ending the day near the highs.

Nice trade opportunities today in trading with the
support and resistance zones. I can show you the setups and
how to find these zones and will find them for you until you
feel confident to come up with them on you own. Check out
the ebook and trading camp coming up. 

May 23, 2013 Market Action

Today the market opened up at the bottom suupport
zone and after just poking underneath a run up to
support zone number 2 which was now resistance held
the market back and a hold above the 1638.50 provided
a nice long opportunity for a break out to the 1652.00
area. The market found some footing near the 1644 area
and bounced back up to test the high of the day but
was rejected and we headed slightly off the high
for the remainder of the session.

Many Support and Resistance levels in paly today.
Learn how to trade around these areas and profit
in this great volatility we have been seeing these
past few days. Check out the ebook and DVD courses
for some great training on trading this market.

May 22, 2013 Market Action

Good action today from the news and we had a good range. There were some real nice last trapped setups today. I teach the setup in my ebook and walk you through it in the DVD course. I have attached a chart with some arrows pointing towards the areas where the opportunities occurred. Trading camp is coming up and if you have not signed up there are still a few spots open so take advantage of the opportunity to learn from a professional trader. I only do these once or twice a year.

May 21, 2013 Market Actions

Today the market opened up just at support and
after a small attempt to go up the market came
down and pierced through the support area. The market
moved pretty much sidways under the support area
before breaking it to the upside. With the hold
over the support area the market mades its way up to
to the resistance area 1673.00. A slight pullback and
a test of that area failed and the market pulled back
into the close.

Againt the market is respecting the s/r lines fairly
well and with the right knowledge and setups you
can take advantage of the opportunity the exists to make
profits.

May 17, 2013 Market Action

Today the market opened up above the initial resistance. That was the clue the the market may move higher. After the bounce from initial resitance now support the market moved up past the second resistance level and broke throuhg almost reaching the third resistance level. A pullback back down through the second resistance level and bounced again from the 1653 area. After some sideways action through lunch the market made a run above all resistance levels.

Some good trading opportunities came at the 1653 level and shorting up near the 1660 resistance area early.  After the run up there were some good slinky patterns for long trades. These are taught in my e-book and are excellent in trends. Pick up a copy today and learn to profit from the market moves.

May 16, 2013 Market Action

Today we opened at right at initial support and
bounced to the initial resistance. That level
was rejected and a move donw to support again followed
After a few pokes above resistance the market
could not make it through and we went sideways during
the lunce hour. anothe attempt to break the initial
resistance failed and the market came down through
initial support and finally down to the second support
level.

As you can see the market had trouble at resistance
levels today and offered some good opportunities for
trading.  Check out the chart below and see how
well the market respects the levels listed in the nightly
update.

May 15, 2013 Market Action

Today we opened at support and after the market was able to hold
above it for some time it was a clue that the market might go higher
A push through the initial resistance area fueled a rally right up
to the las fixed resistance area mentioned last night. There were a
few good opportunities to get long on that rally and make some points.
A retest of the 1654 area failed and the market broke down which gave
us an opportunity to get short down to the 1650 area where the market
bounced and moved up into the close.

Great trading today around the s/r areas. There were some classic "ebbok"
setups which if you had been trained to see them could have made you
some profit.  Check out the ebook and get on board to making some $$.

May 13, 2013 Market Action

Today the market poked under the initial support and quickly turned
up making its way to the first resistance area. A small pullback from
there to test the initial suport area was bought and a run through
the first resistance made its way to the second level at 1633.00. Some
profit taking there brought the market back downt o the 1630.00 level
where a small bounce failed and a breah of the 1630 was followed by some
sideways action.

There we some decent moves today around the support and resistance
numbers again. You can see from the chart below how the market
acted around the lines that I had drawn in before the open.

May 10, 2013 market action

The market opened up just under the 1625 area and managed to break through. What looked like a hold above the 1626 area was rejected near the 1629.50 area and the market broke down below the 1626.25 area. A test of that level gave us a good opportunity to get short for a move down to the 1620.00 support level. The market then bounce from the 1620.00 area up back to the 1626.00 level and went sideways for a while before running up to the 1629.50 area at the close.

You can see now the market respects the support and resistance lines through out the day. There were some decent opportunities for trades today even though  we had a mostly sideways day.


 

May 9th 2013 Market Action

The two sided action today gave us some real nice opportunities for trading. We had a nice run down after the stall in the morning and then a nice reversal to take out the high. But the best opportunity came in late in the day where we had a classic last trapped trade setup for a nice short that took the market down about 10 points. I have showed the area of the trade on the chart. You too can be profiting from these moves. I teach these setups in my ebook and other courses. Don't miss out and pick up a copy of the ebook and you will receive 2 weeks free to the nightly support and resistance news letter.

May 8, 2013 Market Action

Today the market opened just above initial support and a quick poke underneath was quickly rejected. That was the clue that we might see higher prices. The market moved up past the initial resistance and continued higher busting through the second resistance level at 1625.25. A small pullback held the old resistance now support and the market made a run for the 1628.00 resistance level. Another test of the 1625.25 support followed and the buyers came in againt o test the high. That was followed by some sideway action and the market came down to break the support at 1625 and test the 1622.25 area where the buyers came in again to take the market past the high for the day. On the chart I have outlined the best trading opportunities based on what I cover in my ebook. Check it out.

May 7, 2013 Market Action

Today the market opened up just above our first resistance area. It came down to tag it and made a run for the second resistance area. Selling hit the market there and a strong push down thru the 1615.00 area to the 1612 support zone. Buying came in at the initial support and the market busted through the 1615 resistance. A test of the 1615 resistance now support followed, which was a good place to get long for a move back up to the 1620 area. The market ended up breaking the next resistance at 1620 and then it turned to support and a test there was another spot to get long for a couple of points. Check out the chart below and notice where the arrows point to the way the market reacted to the support and resistance levels. Knowing the levels is one thing , and trading around the levels is another. The ebook shows you the setups I use to trade around the levels. Pick up a copy today.

May 6, 2013 Market Action

Today the market opened up right at the 1612 resistance area and quickly came down. It didn't quite make it to the 1608 area and ran back up to break through the 1612 resistance. A higher low followed which propelled the market to new highs for the day and then holding above the 1612 area. That was the clue we were going higher still and it setup a nice long opportunity for at least 2-3 points. Support and Resistance trading has worked in the past and will continue to work in the future. It is how I trade and I can show you how. Pick up a copy of the ebook and get two weeks free to the support and resistance numbers so you can trade like a pro as well.

May 2, 2013 Market Action

Today the market opened up at the 1583.00 area and although it poked below it was able to come back hold above of it for about 30 min. That was the cluse that we may see some bullish action and sure enought the market made a run to the next resistance area t 1589.50 in what was a trend change from yesterdays bearish action. The the market was able to bust through the 1589.50 area and ran up to the 1592.50 area where a pull back that held above the 1589.00 area gave a good opporutnity for a long trade that was good for about 3 points. Great opportunities again today trading around the support and resistance numbers published in the nightley newsletter. If you have not subscribed don't miss out any longer and get the ebook and the two weeks free of real time numbers.

May 1, 2013

The market opened up at the 1588 level listed as support but since we opened below that level it turns into resistance. The level was quickly rejected as the market fell to the 1583.00 support level. The market bounced from there to test the 1588 level which setup a short opportunity. The market then fell again breaking the 1583 level this time and then on a feeble bounce another shorting opporutinity came in the form of one of the setups taught in my ebook called the slinky. The short there was good too the 1579 support level for about 4 points. Later yet another shorting opportunity came after the bounce from 1579 which ended up breaching the low for a weak close on the day. Don't miss out on these moves. Today there were some good setups which could have easily made about 10 points on ES. Check out the website at www.tradestalker.com and pick up your copy of the ebook and 2 free weeks on the nightly real time newsletter with all the levels of support and resistance before the market open.