TradeStalker's RBI Update 04/05/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 5 / 2010

(Published Since 1996)

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

Dateline: 6:20 pm eastern time, 4/5/2010

The gap up open was sold on Monday and the ES dropped 4
points from 1178.50 to 1174.50 (right at the 1174.75-1174.00
support zone) and turned right back up. That lead to a good
rally, as the ES made a new high for the year at 1183.75
about 90 minutes into the trading day. That turned into the
top of a narrow 2.75 point range between that 1183.75 high
on top and 1181.00 on the bottom as the market traded
sideways after the first 90 minutes of trading.

On Tuesday we get the Fed Minutes from the March 16th
meeting at 2pm. The last 2 up days had very strong breadth
but the advance came on light volume. If the market puts
together one more decent day on the upside, then the odds of
a reversal will be pretty high. In fact, the way the move
stalled out after 90 minutes of rally on Monday could set up
for an early shake-out on Tuesday. For now however, as long
as the initial support areas are held, the trends are up and
the market should stay in decent shape a bit longer.

So, on Tuesday look for early strength to set up a trade on
the short side. If there is a pop up open and the ES
reverses from the 1184.50-1186.00 zone in the first 40
minutes of trading, then a decent pullback should occur. If
that plays out, but the initial support is held on a
pullback (on the ES and NQ, along with 10950 on the Dow
cash), then the upside could get going once again and the
market should at least try to test the early highs. If the
market traces out this pattern and a bounce stalls/ reverses
from a test of the early highs, then that could be the
reversal that starts a decent sized drop. If the market
pulls back, but then can push through to take out early
highs on Tuesday without rejecting them, then one more day
of decent upside action is likely before the market stops to
digests the recent gains at best.

CLICK HERE FOR FREE TRADING VIDEOS!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2010 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). However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), 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.
*************************************************

TradeStalker's RBI Update 02/28/10

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

TradeStalker's

R.B.I. Trader's Update

2 / 28 / 2010

(Published Since 1996)

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

Dateline: 5:26 pm eastern time, 2/28/2010

The ES opened at the 1103.50-1104.25 initial resistance area
on Friday and quickly dropped 4.50 points to 1099.00 and
turned back up. A second reversal from 1103.50 then led to a
7.50 point drop from 1103.75 to 1096.25 before reversing
again. That was 12 points of opportunity just from initial
resistance in the first 35 minutes of trading. The market
reversed course and a rally to 1106 followed. However, the
pullback to 1102.00 was just over the 1101.50 updated
support (along with 1814 on the NQ) and the ES popped up 3
points to a lower high at 1105.00. That was a spot to
reverse from long to short and a pullback then held just
over 1102.50 updated support. Then in the last hour we were
looking to short a reversal from the 1107-1108 area. The ES
popped up to 1106.50 and quickly reversed, and then it
dropped to the 1102.25 level (at the 1102.50-1102.00
support/target) at 4 pm and firmed into the close.

The market was hit very hard on Thursday morning but those
deep drops have all been reversed lately. The market is in
good shape as long as that continues. However, if that "buy
the dip, I'll get 'em back" thinking is dented, the downside
could snowball right back down to test that 1085.00-1084.50
zone.

The internal gauges are in neutral territory, however the
market is again becoming very complacent. The Vix dropped to
19.50 on Friday, and should it drop a bit more and then
reverse, that would give some sell signals.

If the market cannot hold the initial support areas on
Monday, or at least quickly reverse back up if broken, then
the trends are turned back down. If those areas are broken
then a trip back to the 1096.75-1096.00 area on the ES would
need to find good buying come back in, otherwise the drops
won't be seen as buying opportunities, and the downside
could gather steam. On the other side of the coin, if the ES
pops up to the 1107.50-1108.50 area and does not reverse,
then we could see the upside pick up steam as shorts scamper
for cover. A rally up to the 1110.50-1111.00 area on the ES
should be met with selling unless the market is going into a
melt-up type of move. That is doubtful at this time.



March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1106.50
1107.50-1108.50
1110.50-1111.00
1114.50-1115.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1103.00-1102.50
1100.00-1099.50
1096.75-1096.00
1090.75-1090.00
1087.50
1085.00-1084.50


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1823.25
1826.25-1827.25
1833.25-1834.00
1838.50-1839.25


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1817.75-1817.25
1814.00-1812.75
1808.50-1807.50
1799.00-1798.00
1793.50
1789.50-1788.50


March 2010 Dow futures resistance
symbols: emini = ymh0

10343
10390-10395
10419-10421
10435-10439


March 2010 Dow futures support
symbols: emini = ymh0

10320-10316
10292-10288
10261-10257
10215-10212
10194
10171-10167


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

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) 2010 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's RBI Update 02/24/10

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

TradeStalker's

R.B.I. Trader's Update

2 / 24 / 2010

(Published Since 1996)

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


Dateline: 6:46 pm eastern time, 2/24/2010

We were looking for early strength to be sold and then the
first decent pullback to set up a buying opportunity on
Wednesday. The ES popped up to 1102.00 in the first 15
minutes of trading, then reversed and dropped 8.25 points to
1093.75 just before 10:30am. The move reversed from there
and shot almost straight up 11+ points to 1105.00 before a
pullback. A pop up to 1105.50 was reversed, leaving a
potential double top, and just after 2pm while the ES was at
1104 an instant message was sent stating:

(Feb 24-14:02) mike: i'[m] getting small short up here.
(Feb 24-14:03) mike: nq has a wedge type pattern (Feb
24-14:05) mike: if 1101 breaks, a push to 97.50-96.50
would be possible

After that the updated support at 1098.50 held and the
updated resistance at 1102.00-1102.50 was sold, but then the
ES broke and held 1102 on the way to 1104.25 by the close.

On Thursday we have Initial Claims before the open. The ES
had an inside day, as the market made good swings in both
directions. The end of day move up made another wedge type
of pattern, so a break of the initial support areas would
need to be quickly reversed to avoid another test of the
1099.00-1098.50 zone on the ES. If the market slips under
that area on Thursday, and does not quickly find buyers to
reverse that downtrend, then we could see the move pick up
some steam. If the ES drops back towards the Wednesday low
area at 1094.50-1093.75 it would need to reverse right away,
otherwise there is something not right and the market could
unwind towards the 1089.00-1088.50 area on the ES. IF the
market gets hit that hard, it must reverse from that zone,
otherwise the 1079.50 could be seen, which was the high for
the week ending 2/12 and low for the week ending 2/19.

Still, unless a break of the 1099.00-1098.50 area occurs,
the trends are up and the pullbacks should hold. A move back
towards the 1108.00-1108.50 area, and possibly a move
towards the 1110.50-1112.00 zone could be tested before a
selloff occurs. Both sides should be in play again on
Thursday, with the pops to new highs being sold when the
move stalls out, and also the pullbacks to be bought as long
as the 1099.00-1098.50 area on the ES and 1806.50-1805.75
area on the NQ are defended.


March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1105.00-1105.75
1108.00-1108.50
1111.00-1112.00 **strong
1114.50-1115.00
1117.50-1118.50

March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1102.00
1099.00-1098.50
1094.50-1093.75
1092.50
1089.00-1088.50


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1818.00-1819.00
1822.25-1823.25
1828.50-1830.00 **strong
1833.25-1834.00
1837.75-1838.50

March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1810.00
1806.50-1805.75
1800.50-1799.50
1792.50
1786.00-1785.00

March 2010 Dow futures resistance
symbols: emini = ymh0

10376-10379
10390-10395
10402-10406 **strong
10435-10439
10462-10467

March 2010 Dow futures support
symbols: emini = ymh0

10343
10321-10317
10286-10281
10251
10238-10235


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

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) 2010 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's RBI Update 02/22/10

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

TradeStalker's

R.B.I. Trader's Update

2 / 22 / 2010

(Published Since 1996)

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

Dateline: 6:26 pm eastern time, 2/22/2010

The ES popped up to 1111.00 (key resistance was 1111.00-
1112.00) in the first 5 minutes and that was sold and a 7.50
point drop to the 1103.50 updated support occurred in the
first 30 minutes on Monday. The market turned back up and a
tricky stair-step move up to 1110.25 fizzled out with about
45 minutes left in stock trading. With the ES at 1109.50 and
the NQ at 1821, I sent an instant message stating:

(Feb 22-15:29) Mike: Wedge like pattern forming,
the NQ is toppy, I'm small short that up here for
a decent drop.

Not long after that we got a decent drop as the ES rolled
over and dropped to 1104.75 while the NQ reached 1814.25
just before stocks closed. Buying/ short covering came in
after stocks closed and the futures bounced to settle above
fair value.

All of the gyrations on Monday pretty much erased the
overbought status the market was in. There still is a good
deal of complacency, however. The late day dumping of stocks
wasn't a surprise, but the way the futures bounced right
back was surprising. It looks like the 1104.00-1103.50 area
on the ES should continue to be good support. As long as
that area is defended, then the market will hold together
and likely give more 2 sided action. Otherwise, if that area
is broken and not quickly reversed, then the trends on all
but a weekly timeframe will roll over and things will be
changing.

We get the Consumer Confidence number 30 minutes into the
day on Tuesday. If the market opens lower, then a reversal
back up sets up a trade on the long side. If that plays out,
a 3rd attempt to get through the 1111-1112 area should be
under way. If the market gets back up there, it will need to
push through and then not reverse. The market reversed there
twice in the last 2 trading days, so if the SP500 cash can
get back over the 1114.84-1115.49 area and avoid being sold
from that zone, the upside should extend towards the
1117.50-1118.50 zone on this leg up before a decent reversal
back down occurs.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1108.00-1108.50
1111.00-1112.00 **strong
1115.00
1117.50-1118.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1104.50-1103.50
1098.75-1098.00 **key
1093.75-1093.00


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1821.50-1822.00
1828.50-1830.00 **strong
1833.00
1837.75-1838.50


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1815.50-1814.50
1810.50-1809.50 **key
1803.25-1802.25


March 2010 Dow futures resistance
symbols: emini = ymh0

10375-10378
10402-10406 **strong
10439
10462-10467


March 2010 Dow futures support
symbols: emini = ymh0

10350-10346
10322-10319 **key
10267-10262


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

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) 2010 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's RBI Update 02/21/10

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

TradeStalker's

R.B.I. Trader's Update

2 / 21 / 2010

(Published Since 1996)

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


Dateline: 5:26 pm eastern time, 2/21/2010


The market opened lower but the ES turned up from just over
the 1098.25-1097.75 support zone and rallied 5.75 points to
1104.50 before going into a tight range. When 1104 was
broken, that area held on a dip and the ES ran up to the
last resistance at the 1110.50-1112.00 zone. Off of a high
at 1111.00, the ES pulled back to the 1107-1106 key support.
The 1106.50 level was the pullback low and a bounce to
1108.75 followed. The failure to clear the 1109.50 updated
resistance sent them to 1105.00 with 45 minutes left in the
trading day. They ran right up to 1109.50 and then dropped
right back down to 1105.25 before the close.

Most, but not all, of the short term gauges have come out of
oversold territory. The short term breadth indicators are
giving divergence, while the short term volume ratios are
still overbought. However, some things are at spots where
major turns have come in the past. The 5 day RSI on the Vix
reached 17.3, and is also 15% below its 10 day average
close. These numbers on the Vix haven't been that stretched
since the October 19th, 2009 high where a drop of 61 SP500
points (on a closing basis) started. The ranges are
shrinking just as the SP500 cash is getting close to the
1114.84-1115.49 area that was a transition on the downside.

That said, at the moment it still looks like the upside is
limited short term. The ES did pull back from the 1110.50-
1112.00 zone on Friday, and it also reversed at the updated
1109.50 level in the final minutes of trading. Early last
week the market closed several days at its highs, however
the upside had trouble holding on to its gains on Friday. It
didn't seem to like the altitude around the 1111 level on
the ES. If there is a drop back to the 1093-1092 area, and
it reverses, that could make a decent low if the market
heads lower on Monday.

Look for early strength to set up a shorting opportunity on
Monday. If that plays out, then the first decent drop needs
to hold the late Friday lows, otherwise the 1098.75-1098.00
area on the ES should be a good test of the market's
strength, or lack there-of. If that area is not defended,
then a test of the 1093.00-1092.00 area should set up a
rally attempt unless the market is in a breakdown mode. If
the ES is able to push through the 1111.00-1112.00 and not
reverse, then the 1114.84-1115.49 area on the SP500 cash
needs to be pushed through and held to keep this upside move
from failing.



March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1109.50 **key early
1111.00-1112.00 **strong
1117.50-1118.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1105.50-1105.00
1098.75-1098.00 **key
1093.00-1092.00 **major
1089.00-1088.50
1086.75-1086.25
1079.50 crashette support


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1823.50 **key early
1828.50-1830.00 **strong
1836.25-1838.00


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1818.50-1818.00
1812.50-1811.50 **key
1803.25-1802.25 **major
1795.25-1794.50
1792.50-1791.50


March 2010 Dow futures resistance
symbols: emini = ymh0

10405 **key early
10421-10426 **strong
10470-10474


March 2010 Dow futures support
symbols: emini = ymh0

10366-10362
10322-10319 **key
10267-10262 **major
10214-10210
10182-10179


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

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) 2010 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's RBI Update 02/07/10

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

TradeStalker's

R.B.I. Trader's Update

2 / 7 / 2010

(Published Since 1996)

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

Dateline: 5:26 pm eastern time, 2/7/2010

The ES popped up to 1064.00 on Friday, (key resistance was
at 1063.75-1064.25) and then they dropped 11.75 points to
1052.25 (we had support at 1052.25-1051.50). From there, the
ES rallied back to 1063.00 and fizzled, setting up another
short. After a 12+ point drop to a 1050.25 low, I gave new
resistance at 1056.75 and that was nailed before the 16.00
point trend-down move to 1040.75 on the ES and 1044.50 on
the SP500 Cash. That was just over the major support at the
1044-1042 area, the ES bounced to the 1048.00 updated
resistance. From 1048.00, a 3.50 point drop to 1044.50
reversed and when 1048 was cleared, I sent an I.M. saying
that the ES was good over 1047.00, which held just before a
sprint to 1064.00 resistance... quite a day to end a wild
week.

The market got hammered last week. However, on Friday the
market made a low at a logical support area, and with the
market being very oversold, the ES rallied back 23.25
points. There were other key areas broken on the way to the
Friday lows, so it's too soon to say that a bottom is in
place. The market is still somewhat oversold, so it will be
important for the market to hold over the initial support
areas if there is early weakness. If they do not, then a
drop should hold the 1048.00-1047.50 area on the ES if it is
going to keep from getting hit hard again. If the 1044-1042
area on the SP500 cash breaks, and the market doesn't
quickly reverse back to the upside, then the downside could
gather some momentum. There is a big cluster of numbers at
the 1022-1021 area on the ES if panic hits the market on
Monday.

The futures settled well under fair value, so the initial
resistance that was met twice on Friday is the first hurdle
for the market to clear. If the upside isn't reversed at the
initial resistance areas, then the ES could go for the
1069.50-1070.25 zone before having trouble. So, look to sell
early strength when the upside stalls/ reverses. Then, if a
pullback can hold the initial support, the up-trends will
remain intact and the market should head back up. If the
initial support is not held, then the 1048.00-1047.50 area
is about as far as a normal pullback should go without
breaking back down. If that is the case, the major area at
the Friday lows must be defended, otherwise a second panic
selloff in the last 3 days could hit the market.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1063.75-1064.25
1069.50-1070.25
1073.50-1074.00
1078.25-1079.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1056.25-1055.50
1051.00
1048.00-1047.50
1040.75-1039.50 MAJOR
1032.00-1031.50
1022.00-1021.00 Panic major area


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1748.25-1749.00
1753.50-1754.50
1758.25-1759.00
1765.50-1766.00


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1737.00-1736.00
1727.00
1723.50-1722.50
1712.00-1710.75 MAJOR
1700.75-1699.75
1690.50-1689.50 Panic major area


March 2010 Dow futures resistance
symbols: emini = ymh0

9977-9982
10029-10034
10056-10060
10099-10103


March 2010 Dow futures support
symbols: emini = ymh0

9909-9905
9866
9848-9846
9798-9791 MAJOR
9714-9709
9623-9618 Panic major area


CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2010 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

TradeStalker's RBI Update 02/02/10

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

TradeStalker's

R.B.I. Trader's Update

2 / 2 / 2010

(Published Since 1996)

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

Dateline: 5:56 pm eastern time, 2/2/2010

The early game-plan was to short early strength, then beware
of a reversal from the 1084.50-1084.00 key support area. The
ES popped up to the 1088.50-1089.00 zone and reversed,
dropping from 1089.00 to 1084.75 (1084.50-1084.00 pivotal
support) in 5 minutes and then turned back up. The bounce
stalled and reversed from 1088.50 and then dropped to the
1084.75 support again. The ES rallied 13 points to the 1097-
1098 resistance zone shortly after noon. Two small pullbacks
from 1097.00 followed, but the 1094.50 updated support held,
setting up a bounce to 1099.50 just before 2 pm. A pullback
to 1095.50 was reversed and a sprint to a 1101.50 high
occurred, and then selling took the market lower into the
close.

The 2 day rally has turned the short term internal gauges
from very oversold to modestly overbought. If there is one
more day of decent action, that would stretch the indicators
into overbought territory nearly across the board. The
sentiment sure turned bullish fast, and if the Vix drops a
bit more and then reverses, that will give some sell
signals.

The ES didn't like it over 1100 on Tuesday afternoon, and
reversed from just above that level. The ES settled about 3
points under fair value, so if there is a pop up to the
1099.50-1100.50 area that reverses early on Wednesday, that
should set up a good shorting opportunity. If that plays
out, or if the ES reverses from a bit higher up early in the
day near the 1103.50-1104.00 area, then the initial support
at the 1095.50-1094.75 area on the ES will need to be
defended, or quickly reversed if broken. The pullbacks have
been setting up good buying opportunities, reversing as soon
as the downside momentum fizzles and prices turn back up. So
that area should hold if the market is still in good shape.
If there is a decent sized pullback/ selloff, then a test of
the 1080.50-1079.75 area would need to reverse quickly,
otherwise we are having another technical breakdown and the
downside could gather some steam.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1099.50-1100.50
1103.50-1104.00
1106.75-1107.50


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1095.50-1094.75
1091.50-1091.00
1088.50-1088.00
1084.50-1084.00
1080.50-1079.75


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1774.00-1774.50
1778.75-1779.50
1784.25-1786.00


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1765.00-1764.25
1758.75-1758.00
1751.75-1751.00
1748.50-1747.75
1742.50-1741.75


March 2010 Dow futures resistance
symbols: emini = ymh0

10247-10252
10274-10278
10302-10309


March 2010 Dow futures support
symbols: emini = ymh0

10212-10209
10183-10180
10164-10161
10125-10121
10105-10103


CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2010 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

TradeStalker's RBI Update 01/28/10

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

TradeStalker's

R.B.I. Trader's Update

1 / 28 / 2010

(Published Since 1996)

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

Dateline: 6:06 pm eastern time, 1/28/2010

The ES opened higher then reversed from 1 tick over the
1096.75-1097.50 resistance, and it drop to the 1085.25-
1084.50 support zone and bounced. The updated resistance at
1090 was rejected and the move was trend down to 1074.25
before lunch-time trading. The break / hold over 1081 kept
the new uptrend intact to 1085.25. Old support turned
resistance, and the reversal set up a drop to 1078.50. The
rally from there took the ES to the 1088.50-1089.50 updated
resistance, reversing fast from 1088.75, and then dropped to
1078.25 in the final minutes of trading.

The market has been giving good moves in both directions,
and that should continue. The old 1082-1081 support area was
broken, yet the downside has not accelerated just yet.
Instead, the downside reverses and we end up with a good
rally. Then, per usual of late, the market gets stretched
too far and longs take profits while shorts jump on-board
and press the market lower.

Although the internal gauges are back into oversold
territory, it still isn't time to be aggressive on the long
side. The market has a reason to rally, but even if it does,
it would need to get through the Thursday highs and not
quickly reverse as has been the case. The market was sold
early on Thursday, bounced nicely, then dropped pretty hard
to end the day. So, a similar pattern could occur on Friday.

Look for early strength to set up a shorting opportunity as
soon as upside momentum stalls and the market begins to roll
over. That could set up nicely if there is an early pop that
reverses from just under or at the 1088.50-1089.00 zone on
the ES. If that plays out, then beware of a reversal back up
from either a test of the 1078.50-1078.00 zone, or the
1073.50-1073.00 area if no reversal occurs at the initial
support areas. If those areas are not held, then we could
see a drop into the 1060's before there is an oversold
bounce.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1083.50-1084.00
1088.50-1089.00
1092.50-1093.00
1097.50-1098.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1078.50-1078.00
1073.50-1073.00
1068.00-1067.00


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1780.00-1780.50
1786.00-1786.50
1795.75-1796.75
1804.00-1805.00


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1769.00-1768.50
1760.00-1759.25
1752.00-1750.50


March 2010 Dow futures resistance
symbols: emini = ymh0

10092-10096
10136-10139
10167-10172
10211-10214


March 2010 Dow futures support
symbols: emini = ymh0

10051-10045
10005-9999
9978-9972

CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2010 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

Today's Trading Recap: 01/15/10

HOW OUR DAY WENT:

We came into Friday looking for the
1144.00-1143.50 zone to be key. The ES opened below that
zone, bounced up to 1144.00, and then reversed and dropped
sharply. We locked in some profits at the 1133.00-1132.50
zone, which gave a small bounce, but it was trend-down to
the 1127.75 recent low. A bounce from 1127.50 reversed at
the 1130.75 updated resistance and pulled back 2 points to
1128.50 before the last hour rally.

Good Trading,
Mike Reed
TradeStalker.com

During the day our subscribers are updated frequently in our
Instant Messenger Room. Each evening the log is uploaded,
CLICK HERE to read the log.

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

TradeStalker's RBI Update 01/12/10

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

TradeStalker's

R.B.I. Trader's Update

1 / 12 / 2010

(Published Since 1996)

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

Dateline: 6:16 pm eastern time, 1/12/2010

The market gapped down on Tuesday, and the ES fell to
1132.50 and and reversed. That was 2 ticks over the 1132.00-
1131.25 support which set up a scalp on the long side. Then
the move reached the updated resistance at 1137.75 to the
tick, filling the gap and then was rejected 2 more times. We
expected bounces to fail, and that action set up a great
short with a tight stop. The move was good for 10 points on
the ES as it reached 1127.75 shortly after 1pm. A bounce
back off that low just missed the 1133 level, reaching
1132.25 before heading back down. A reversal off of 1128.50
occurred with 20 minutes left in stock trading and then the
market rallied into the close.

The market was about to finish the day on a weak note, but
out of the blue buying came in and once again and propped
the market back up. The action off of the 1146.25 high on
Monday still looks like it was the start of a correction.
However, as long as the 1129.00-1128.50 area on the ES is
defended on a pullback, nothing bad will happen. If there is
a drop through that area, but it reverses back up from the
1126.00-1125.00 zone, then a bounce like the late Tuesday
rally is likely. If that area is broken, then a bigger
picture top is likely in place, and a move back under
1109.50 is likely in the cards.

We get the Fed's Beige Book on Wednesday at 2pm. The futures
settled above fair value so higher prices are expected on
the open if they hold over night. If there is early weakness
on Wednesday, look for a reversal from near initial support
to set up a trade on the long side. If that plays out,
beware that as soon as the upside loses momentum, the market
could pull back pretty fast. We should get another 2-sided
trading day, so buy the dips that reverse, and/or short the
run-ups as soon as the upside stalls out.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1135.00
1337.75-1138.50
1143.75-1144.25
1146.50-1148.00

March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1132.50-1131.50
1129.00-1128.50
1126.00-1125.00
1123.00-1122.50

March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1866.50
1871.00-1872.00
1876.25-1877.50
1886.00-1886.50

March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1859.50-1859.00
1855.25-1853.75
1850.00-1849.50
1846.00-1844.50

March 2010 Dow futures resistance
symbols: emini = ymh0

10595
10615-10619
10649-10653
10682-10686

March 2010 Dow futures support
symbols: emini = ymh0

10568-10565
10537-10534
10501-10498
10482-10479

CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2010 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

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's RBI Update 01/06/10

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

TradeStalker's

R.B.I. Trader's Update

1 / 6 / 2010

(Published Since 1996)

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

Dateline: 6:26 pm eastern time, 1/6/2010

The ES popped up to the 1132.50 on the open (1132.50-1133.00
initial resistance) and quickly dropped to 1129.75 (1130.00-
1129.50 initial support) before bouncing back. Per the 2nd
intraday update, the rest of the day was "a choppy day with
new highs sold and the pullbacks are bought. The 1135.50
high was 1 tick under important resistance and the market
backed off as expected before the close.

The market might have higher to go, but the risk/reward up
here doesn't look very favorable at the moment. The very
short term internal gauges are overbought, with my RBI
Oscillator just turning from Sell territory. Along with
that, my 3 day thrust oscillator at +.60 (normal overbought
is +/- .50). Also, the sentiment is very bullish, and as a
contrary indicator that's not a great backdrop for higher
prices. In addition to that, the Vix made back-to-back new
52 week lows on Tuesday and Wednesday. If the Vix reverses
and closes up on Thursday it could give a number of sell
signals.

That said, the market really hasn't done anything wrong just
yet, and still has an outside chance to rally towards the
1141-1143 area on the ES. It looks like the upside should be
okay as long as the 1131.50-1130.75 area is defended, along
with the 10560 level on the Dow cash. If those areas are not
held, or quickly reversed if broken, then the bounces are
not likely going to stick. In fact, if the market does put
together a rally but it stalls out in new high ground, it
should set up at least a scalp on the short side the way the
market has been acting.

We get the Initial Claims before the open on Thursday, and
on Friday we get the Employment data before the open, so
another two-sided day is expected. The short side should
give the "easier" opportunities if there is a pop to around
the Wednesday highs, or a bit higher. On a pullback, expect
a bounce to occur unless the initial support areas are
broken and not quickly reversed.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1135.50
1136.50-1137.00
1141.00-1143.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1131.50-1130.75
1128.00
1126.00-1125.00
1122.00-1121.25


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1890.25
1894.00-1894.50
1900.50-1904.50


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1873.25-1872.25
1869.25
1864.50-1864.00
1858.50-1857.50


March 2010 Dow futures resistance
symbols: emini = ymh0

10544
10554-10558
10611-10616


March 2010 Dow futures support
symbols: emini = ymh0

10494-10490
10478
10461-10455
10425-10421

CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2010 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

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.
*************************************************

Today's Trading Recap: 12/18/09

HOW OUR DAY WENT:

The early strength was reversed at the
1099.00 level on the ES - right at the 1098.50-1099.00
resistance zone - and then dropped 10.50 points to 1088.50,
just 2 ticks over the 1088.00-1087.00 support/ target.
That set up a reversal pattern and the ES rallied to
1096.50 updated resistance. A pullback then held our
updated 1093.00 support and reversed and rallied into
the close.

Good Trading,
Mike Reed

TradeStalker's RBI Update 12/14/09

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

TradeStalker's

R.B.I. Trader's Update

12 / 14 / 2009

(Published Since 1996)

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

Dateline: 6:26 pm eastern time, 12/14/2009

A gap up open was sold at the 1108.50-1109.00 resistance
zone on Monday, and after locking in partial profits at
1105.50 I sent an instant message saying:

(Dec 14-10:05) Mike: 1104.00 a better support,
symmetry there

That was our 2nd target, and the ES reached 1104.00 exactly
before bouncing back. With that for a first hour low the
market crept higher into early afternoon. The ES reversed
from 1110.25, then broke the channel that had formed. A
bounce then to 1108.75 was reversed and a drop to 1106.50
was turned back up. The market spent the rest of the day
churning and ended the day about in the middle of the tiny
daily ranges.

We get the PPI before the open on Tuesday. The SP500 cash
made a new high close for the move, so there must be instant
follow through buying if the market is going to break out of
this range on the upside. A break and hold over the 1109.50-
1110.25 area on the ES is needed for that to occur. However,
the market has reached a short term overbought status, and
any kind of breakout / break down is probably on hold until
Wednesday's Fed release.

On Tuesday look for early strength to be sold, unless the
initial resistance areas are exceeded and not quickly
reversed. If that plays out for a trade on the short side,
and then there is a decent pullback, then that should set up
a buying opportunity if the ES tests the 1104.00-1103.50
area and then turns back up. If that area is not held, or
quickly reversed, then the 1100.50-1099.75 area is key
support on Tuesday. If tested, the move needs to quickly
reverse to avoid potential trouble and maybe another trip to
the bottom of this range.

March 2010 SP futures resistance
symbols: emini = esh0 / big contract =sph0

1109.50-1110.25
1114.00-1115.00
1118.50-1119.00


March 2010 SP futures support
symbols: emini = esh0 / big contract =sph0

1106.50-1106.00
1104.00-1103.50
1100.50-1099.75
1096.00-1094.75


March 2010 Nasdaq futures resistance
symbols: emini = nqh0 / big contract = ndh0

1808.50-1809.00
1815.50-1816.25
1822.00-1823.00


March 2010 Nasdaq futures support
symbols: emini = nqh0 / big contract = ndh0

1802.00-1800.75
1798.50-1797.25
1793.50-1792.50
1787.00-1786.00


March 2010 Dow futures resistance
symbols: emini = ymh0

10451-10456
10512-10518
10547-10552


March 2010 Dow futures support
symbols: emini = ymh0

10424-10421
10412-10410
10397-10394
10354-10350

During the day our subscribers are updated frequently in our
Instant Messenger Room. Each evening the log is uploaded,
CLICK HERE to read the log.

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2009 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

TradeStalker's RBI Update 12/07/09

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

TradeStalker's

R.B.I. Trader's Update

12 / 7 / 2009

(Published Since 1996)

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


Dateline: 7:19 pm eastern time, 12/7/2009


The market opened higher on Monday and continued to be
strong until about 20-30 minutes into the day. The move
fizzled out after reaching 1110.25, then pulled back to
1105.50 where the market found decent buying come in. The
bounce back to test the 1110 level on the ES and 1794 level
on the NQ didn't stick, as those levels were quickly
rejected, and with the upside losing momentum the market
started to roll over. The move picked up steam and the
averages all fell to new lows for the day. The 1100.00 level
on the ES held and the market was able to bounce back into
the close.

The market continues to have trouble holding on to its
gains, but the market has also been able to come right back
after selling off. This trading range has gone on for quite
some time now, and the volatility bands on the daily close-
only chart are tighter than they have been in over a year.
As stated in the Sunday night update, this kind of
compression is usually followed by a nice sized directional
move. A close over 1111 or under 1091 on the SP500 cash is
needed to break the current range.

On Monday the futures settled over fair value one again,
factoring in a higher open for stocks. We had inside days
for the futures on Monday, so beware that a move out of the
Monday ranges will have good odds or reversing. For now,
look for the bounces that stall/reverse to set up shorting
opportunities, and then for a test of the Monday lows to
potentially set up a double bottom. If the 1100 level on the
ES is broken, and not quickly reversed, then it must stay
over the 1095.50-1095.00 double bottom area from last Friday
to avoid a trip back towards the high 1080's again. On the
upside, if the market can get back over the initial
resistance and not reverse, then we could revisit the
1112.25-1113.00 area where the market should either reverse
once again, or find more buying come back in and possibly
run the ES back towards the 1119.50-1121.00 area before the
market finds the upside difficult.

** Each evening we are going to try to upload the instant
messenger log for that day. You can go here to read the log:
http://www.tradestalker.com/log.htm **


December 2009 SP futures resistance
symbols: emini = esz9 / big contract =spz9

1105.75-1106.75
1109.50-1110.25
1112.25-1113.00
1115.50-1115.75
1119.50-1121.00


December 2009 SP futures support
symbols: emini = esz9 / big contract =spz9

1100.50-1100.00
1098.75-1098.25
1095.50-1095.00
1088.25-1087.50


December 2009 Nasdaq futures resistance
symbols: emini = nqz9 / big contract = ndz9

1787.50-1788.50
1793.50-1794.00
1798.00-1798.50
1802.00-1803.50
1807.75-1808.50


December 2009 Nasdaq futures support
symbols: emini = nqz9 / big contract = ndz9

1779.75-1779.00
1774.00-1772.75
1768.75-1768.00
1759.00-1757.75

December 2009 Dow futures resistance
symbols: emini = ymz9

10409-10413
10433-10436
10452-10456
10490-10494
10521-10529

December 2009 Dow futures support
symbols: emini = ymz9

10352-10348
10334-10331
10302-10297
10244-10240

Want to SAVE 25% on a subscription to our service?
Offer good only until December 15th:
CLICK HERE FOR MORE INFORMATION

Good Trading,
Mike Reed
TradeStalker.com

Copyright (c) 2009 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

Today's Trading Recap: 11/18/09

HOW OUR DAY WENT:

To start the day, our game-plan was to
get short if there was early strength near the Tuesday
high. The ES reversed from 2 ticks over Tuesday's 1109.00
high, dropping 8.75 points from 1109.50 to 1100.75. The
ES rallied to 1108.00, and members were told that 1104
had to hold the low would tested, and after breaking that
1104 the ES went to 1101.25 for a test of the low. The
bounce off of that level reversed at the updated 1105.50-
1106.00 resistance and pulled back to 1103.00 with an
hour left in trading.

Good Trading,
Mike Reed
TradeStalker.com

TradeStalker's RBI Update 09/27/09

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

TradeStalker's

R.B.I. Trader's Update

9 / 27 / 2009

(Published Since 1996)

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


Dateline: 5:26 pm eastern time, 9/27/2009


The market opened lower on Friday but then turned back up
from the 1041.50-1041.00 support zone on the ES and rallied
to the 1048.50-1049.00 resistance zone. The move reversed,
and a persistent trend down move to the 1038-1037
support/target zone occurred. After a brief poke under that
support, the market reversed around 1 pm and then a decent
rally followed. However, the rally lost steam after the ES
reached 1044.75 and then a little 1-2-3 top was made after
the ES reversed from 1043.75 and it dropped 4.50 points to
1039.25 before the close.

The market dropped for 3 days in a row, starting with the
key reversal day on Wednesday. This has put a number of
short term internal oscillators into oversold status. My 3
Day Thrust oscillator is at -.70 (a normal extreme is +/-
.50) and my RBI oscillator is also in extreme oversold
status. Also, the 4 day volume ratio is down to .33, which
is very compressed.

That said, the market has reason to put together a decent
bounce. If it cannot bounce enough to relieve the oversold
status, then it is in poor shape and we should get a deeper
selloff into Tuesday. If the market can put together a
decent rally, it will set up another sizable drop as long as
last week's highs are not exceeded.

On Friday the market had trouble getting over the 1044.00-
1144.75 area on the ES and the 1700.25-1701.00 on the NQ.
Both of those areas were sold into, and must be exceeded and
not quickly reversed to get another push higher in gear. If
that occurs, just beware that when the upside momentum
stalls out, a decent pullback should follow. On the
downside, the market turned up quickly from the 1036.25 low
and probably trapped some late shorts, so that area must be
defended if the market is going to avoid more trouble. If it
is not quickly reversed, then the pressure may be on for a
move towards the 1030.50-1029.50 zone on the ES to see if
the market will either snap back, or fall apart.

December 2009 SP futures resistance
symbols: emini = esz9 / big contract =spz9

1044.00-1144.75
1048.50-1049.00
1054.50-1055.00
1057.25-1058.00
1061.50-1063.00 **major


December 2009 SP futures support
symbols: emini = esz9 / big contract =spz9

1039.00-1038.25
1036.25-1035.75
1030.50-1029.50
1022.00-1021.00


December 2009 Nasdaq futures resistance
symbols: emini = nqz9 / big contract = ndz9

1700.25-1701.00
1708.50-1709.00
1717.75-1719.25
1722.75-1724.50


December 2009 Nasdaq futures support
symbols: emini = nqz9 / big contract = ndz9

1692.50-1691.75
1688.75-1687.75
1681.25-1679.75
1672.50-1671.50


December 2009 Dow futures resistance
symbols: emini = ymz9

9646-9650
9671-9675
9722-9727
9745-9748


December 2009 Dow futures support
symbols: emini = ymz9

9593-9590
9576-9573
9522-9518
9448-9443


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

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


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


Good Trading,
Mike Reed

Copyright (c) 2009 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's RBI Update 08/25/09

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

TradeStalker's

R.B.I. Trader's Update

8 / 25 / 2009

(Published Since 1996)

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

Dateline: 6:02 pm eastern time, 8/25/2009

Early strength was a short on Tuesday as the ES popped up to
1031.00 and then dropped 4.50 points to the new 1026.50
support. That set up a trade on the long, and the ES
sprinted to the 1038.00-1038.50 resistance. The move
fizzled, setting up a shorting opportunity, and the ES fell
from 1038.00 to the updated 1026.50 support again. A rally
from 1026.50 reversed from 1035.50, and then the ES fell to
1026.75 before bouncing. We were looking for a new low as
long as 1031 wasn't exceeded, and a bounce stalled at
1030.00 before falling to a new low at 1024.75. The ES
bounced back, but the move reversed from 1030.50 and the
market sold off into the close.

The market has been very resilient, however the way that the
market has acted so far this week, a top (for a few days
anyway) looks to be forming. The early strength hasn't been
able to hold, and the late selloffs are bearish. A trading
range, at best, is in the cards at the moment. The ES will
need to get over the initial resistance, and not quickly
reverse, to get out of potential trouble on Wednesday. If
double bottoms are not made by dipping and reversing from
the 1025.00-1024.50 area on the ES, then the 1021.25-1020.50
would need to be reversed to avoid falling back towards the
1014.75-1014.00 area. A drop to that area must turn around
quickly, otherwise a bigger correction could be underway.

September 2009 SP futures resistance
symbols: emini = esu9 / big contract =spu9

1030.00-1030.50
1035.00-1035.50
1038.00-1038.50


September 2009 SP futures support
symbols: emini = esu9 / big contract =spu9

1025.00-1024.50
1021.25-1020.50
1017.50-1017.00
1014.75-1014.00
1007.75-1007.00 **strong


September 2009 Nasdaq futures resistance
symbols: emini = nqu9 / big contract = ndu9

1643.00-1644.00
1648.25-1649.00
1655.00-1655.50


September 2009 Nasdaq futures support
symbols: emini = nqu9 / big contract = ndu9

1635.00-1634.50
1627.75-1627.25
1624.00-1623.50
1620.50-1620.00
1610.50-1608.75 **strong


September 2009 Dow futures resistance
symbols: emini = ymu9

9562-9565
9599-9602
9615-9620


September 2009 Dow futures support
symbols: emini = ymu9

9514-9511
9477-9472
9446-9442
9408-9404
9350-9346 **strong

CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed

Copyright (c) 2009 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

TradeStalker's RBI Update 07/22/09

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

TradeStalker's

R.B.I. Trader's Update

7 / 22 / 2009

(Published Since 1996)

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

Dateline: 6:07 pm eastern time, 7/22/2009

The ES opened down 8 points on Wednesday, and the move was
reversed from the get-go. The ES rallied 10 points to the
954.00-954.50 initial resistance area, and a double top was
made. The ES fell to the 947.75 support and bounced again,
and after breaking out of a triangle pattern the ES ran up
to 956.75. A double top was made there, and then the market
went into a choppy trend down move into the close.

On Thursday we get Initial Claims before the open, and then
the Existing Home Sales 30 minutes into the trading day. The
market action on Wednesday was the first real sign of
weakness in quite some time. Volatility should be returning.
The action was two-sided and a bit tricky as the ES had a
number of swings intraday. The ES made these moves intraday
on Wednesday:

944.50 -9.50
954.50 +10.00
947.75 -6.75
953.50 +5.75
949.25 -4.25
956.75 +7.50
950.75 -6.00
954.25 +3.50
948.25 -6.00

The weight of the evidence from the daily indicators says a
short term top should be in place. The Nasdaq looks
especially vulnerable if there is a selloff.

On Thursday the market would need to get over the initial
resistance areas and not quickly reverse, to get back into
uptrends. Even if that occurs, the bounces will have trouble
holding. If there is early strength, the move should set up
a very good shorting opportunity, especially if the move is
rejected from the initial resistance areas. If the market
opens lower, a rebound should occur in the first 45 minutes
of trading. If it stalls out under the 952 level on the ES
and 1560 on the NQ, then the market is weak and there is
more to come on the downside.

September 2009 SP futures resistance
symbols: emini = esu9 / big contract =spu9

953.75-954.25
956.50-956.75
963.50-964.00


September 2009 SP futures support
symbols: emini = esu9 / big contract =spu9

948.25-947.75
944.75-944.25
940.25-939.25
937.25-937.00
933.00-932.75


September 2009 Nasdaq futures resistance
symbols: emini = nqu9 / big contract = ndu9

1564.75-1565.25
1570.50-1571.25
1576.75-1578.50


September 2009 Nasdaq futures support
symbols: emini = nqu9 / big contract = ndu9

1556.75-1555.50
1549.50-1548.75
1542.50-1542.25
1536.50-1535.50
1525.50-1524.50


September 2009 Dow futures resistance
symbols: emini = ymu9

8864-8868
8902-8907
8974-8978


September 2009 Dow futures support
symbols: emini = ymu9

8818-8816
8791-8788
8766-8762
8732-8728
8708-8702

CLICK HERE for FREE Trading Articles and Videos!

Good Trading,
Mike Reed

Copyright (c) 2009 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

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

TradeStalker's RBI Update 07/01/09

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

TradeStalker's

R.B.I. Trader's Update

7 / 01 / 2009

(Published Since 1996)

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


Dateline: 6:02 pm eastern time, 7/01/2009


The market opened higher on Wednesday and after getting to
928.25 on the ES the move fizzled and there was a small
pullback to 924.00. The market traded sideways for awhile,
but unable to get a bounce to hold, buyers backed off and
selling took over as the ES fell to what started as initial
resistance to begin the day. The ES reached 917.75 with 5
minutes left in stock trading, just above the 917.50-917.00
target, and then firmed into the close.

Thursday is the last trading day for the week. We get the
Employment data before the open, which everyone seems to be
waiting for. The pattern on the daily chart looks ominous,
and if the 909.00-908.25 area that was nailed on Tuesday is
tested, and not held, it will put the market under pressure
from a bigger picture viewpoint.

The daily internal gauges are in neutral still, but the Vix
gave a couple repeat sell signals at Wednesday's close.
Also, the end-of-month plus first 2 days of the new month
upside bias is now over. That is where the bulk of most
months gains are made, and now that timeframe has gone away.


On Thursday, the market needs to get over the initial
resistance areas, and hold them on a pullback, to get a good
rally in gear. If that occurs, then watch the 931.50-932.50
area for a reversal / shorting opportunity. If there is
follow through weakness, and the 917.75-916.75 area is
broken and not quickly reversed, then a drop towards the
909.00-908.25 area would need to hold. If that area is
tested, and unable to hold, then a drop to the low 900's or
high 890's on the ES is likely on this leg down.

**NOTE: There will not be any intraday updates emailed on
Thursday. The next update will be sent on Sunday night, July
5th. Enjoy a safe Independance Day Holiday! **

September 2009 SP futures resistance
symbols: emini = esu9 / big contract =spu9

922.75-923.25
927.75-928.25
931.50-932.50

September 2009 SP futures support
symbols: emini = esu9 / big contract =spu9
917.75-916.75
913.25-912.75
909.00-908.25
902.50-901.50

September 2009 Nasdaq futures resistance
symbols: emini = nqu9 / big contract = ndu9

1485.50-1486.00
1496.25-1497.00
1502.50-1504.00

September 2009 Nasdaq futures support
symbols: emini = nqu9 / big contract = ndu9
1478.25-1477.75
1472.75-1471.75
1466.75-1465.75
1460.75-1459.75

September 2009 Dow futures resistance
symbols: emini = ymu9

8475-8479
8524-8529
8561-8566

September 2009 Dow futures support
symbols: emini = ymu9
8438-8434
8373-8368
8337-8334
8286-8282


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

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


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


Good Trading,
Mike Reed

Copyright (c) 2009 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.
*************************************************

Today's Trading Recap: 06/19/09

HOW OUR DAY WENT:
The market gapped up and the ES reached
923.00 and stalled about 15 minutes into the
day, just under the 923.50-924.00 resistance, and then
reversed. Updated support was at 917.50 and the ES
reversed from 917.75 and bounced back to 922.75 and
stalled. Making double top at resistance set up a very
good reward/risk short. Members in the Instant message
room were guided on the entry, initial stop, and where
to lock in profits / trail a stop.

A GREAT way to end our week !

Good Trading,
Mike Reed
TradeStalker.com

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