02/14/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

2 / 14 / 2011

(Published Since 1996)

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

Dateline: 6:06 pm eastern time, 2/14/2011

The ES opened lower and bounced 3.50 points from the
1325.75-1325.25 support to the 1328.75 resistance, then
dropped 4.25 points to a lower low at 1324.50 around 11 am.
A turn around from that level took the ES up to 1329.50, and
then it went sideways in a 1.50 point range for about 2
hours. At 2:47 pm they broke out above 1329.50 and that
carried the ES to 1330.25 before pulling back almost 2
points. A bounce to test that 1330.25 level was rejected,
and the ES tested the 1328.50-1328.00 updated key support
before running up to 1331.25. After stocks closed the
futures turned down and the ES settled under that 1328.50-
1328.00 zone.

The market was weak early, and then rallied back to new 52
week high ground yet again on Monday. The way the day ended
though looked telling. The SP500 cash would double its 2009
low at 666.79 by reaching 1333.58 and it reached 1332.96
intraday on Monday. The ES nearby contract made a low at
665.75, and that is up 100% at 1331.50. The Monday high on
the ES was 1331.25. After reaching those highs in the last
half hour on Monday, the futures dropped in the last 30
minutes to settle well off of their highs. Hopefully you
weren't trapped buying a potentially important top on
Monday.

So far the Nasdaq 100 is the only average to clear its 2007
high. The Nasdaq Composite was about 60 points shy, and the
Dow and SP500 are a long ways away still. That divergence is
not healthy. Along with the price action on Monday, the Vix
gave a sell signal at Monday's close as the sentiment is
making a subtle shift from overly complacent.

Lately early weakness gets reversed in the first 40 minutes
and then the market rallies back to make a higher high. On
Tuesday, we could see the same action early, however if
there is a test of the Monday highs that stalls/ reverses,
it would set up a gift for a shorting opportunity. At this
juncture, all rallies are suspect as the 1320.50-1320.00
area will be key on a move lower. If that area is tested, it
must be quickly reversed to get a decent bounce underway.
However, if that area does give a bounce, don't expect it to
hold as things could get a bit ugly if the ES fails at/
under the 1328.25-1328.75 area on a bounce attempt.

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

1328.25-1328.75
1331.75-1333.00
1338.25-1339.00


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

1325.25-1324.50
1323.50
1320.50-1320.00
1317.50-1317.00
1313.25-1312.50


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

2382.50-2383.25
2387.50-2388.50
2396.75-2398.00


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

2377.00-2376.50
2371.50
2366.75-2365.75
2359.50-2358.50
2351.00-2349.50

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

02/13/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

2 / 13 / 2011

(Published Since 1996)

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

Dateline: 5:36 pm eastern time, 2/13/2011

The lower open reversed 20 minutes in and it was trend up to
1320.50 level on the ES, then updated support at 1318.50
held and a run to 1327.00 followed. We got short near
1324.50 and rode it to new support/ target at 1320.50 where
the pullback held and then turned back up. The 1325 level
held the market down for a bit, then the ES broke out and
went to the 1328.25-1328.75 resistance by 2:45 pm. A small
dip was bought, but the ES double topped at 1328.75 and
pulled back 3 points before the close.

The market is getting crazy acting. It is starting to act a
lot like 1987 and 1999. Both of those years were the 3rd
year in the Presidential cycle, and the market was
invincible. Another 12 years later in 2011, it's the same
price action (except not at *record* highs this time) but
for different reasons. I'm just sayin...

Anyhow, last week the market rallied early in the week,
dropped into Thursday morning at the 1308 support zone, and
then rallied all the way back to new 52 week highs, reaching
the 1328.75 resistance on the ES on Friday. This move has
momentum, but is getting a bit frothy. In any case, the 1320
area had been good overhead resistance, and now it will take
a break back under the 1320.50-1320.00 zone to have a
reversal. Actually, if the market is going to stay in a good
uptrend, the 1325.75-1325.25 initial support would need to
be held.

On the top side, the ES did make a little double top at the
1328.75 resistance level. A small short position was taken
there, but the way the market is acting, that should be
covered if there is early weakness on Monday. If that
1328.25-1328.75 area is exceeded, then a move to the
1332.50-1333.00 area on the ES would be next.

Lately the market has been weak early, and then is able to
get footing and rally again. Since Friday was basically a
trend up day, look for early strength to be sold, and then
if the first decent pullback gets its footing over the
1320.50-1320.00 area on the ES, it should set up another
rally attempt. However, if the 1320.50-1320.00 area on the
ES is not held, then things could be changing short term and
bounces will likely fail under the 1325.00-1325.50 area or
lower if the market is rolling over.

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

1328.25-1328.75
1332.50-1333.00
1338.25-1339.00


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

1325.75-1325.25
1323.50
1320.50-1320.00
1317.50-1317.00
1313.25-1312.50


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

2380.00-2380.50
2386.00-2386.50
2396.75-2398.00


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

2375.00-2374.50
2371.50
2366.75-2365.75
2359.50-2358.50
2351.00-2349.50


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

02/10/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

2 / 10 / 2011

(Published Since 1996)

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

Dateline: 6:16 pm eastern time, 2/10/2011

The ES opened almost 8 points lower and bounced from the
1308.50-1308.00 major area and then rallied back to the 1317
area before pulling back. The 1313.50-1312.50 area held on a
pullback, and a move to 1319.50 followed, but the move
didn't stick and the ES pulled back to the 1314.50 updated
support. Another run up failed at 1318.50, but the 1315.25
level on the ES and the 12200 level on the Dow cash were
reversed and a sprint to a 1320.50 high was followed. A wild
ride up promptly reversed, and another drop to 1315.25
occurred then the ES ran back up to 1319.50 before the
close.

The market was able to rally off of the 1308.50-1308.00 area
on the ES on Thursday, which is the good news. The bad news
is that the 1320 area was rejected again. Also, the Nasdaq
futures, which rallied back nicely from its early low at
2340.00, have had all sorts of trouble pushing through the
2363-2365 area. That area has been rejected 8 times over the
past 2 days.

So, things look to be changing short term and bounces should
have trouble getting to, let alone holding, over the 1320
level on the ES and 2365 on the NQ. On the downside, the
initial support will need to be quickly reversed to avoid
trouble on Friday. If the market gets down there early and
reverses, then a good snap back rally could occur. However,
even if that happens, the market will set up a better
shorting opportunity as soon as upside momentum stalls.

If the initial support is broken and held instead of
reversing back up, then a trip back to the 1308 area will
probably be in the cards. That area would need to be quickly
reversed, and leave a double bottom on the charts, to get a
decent rally in gear. If that area is not held, then the
1304.00-1303.50 would be next, and would be key to hold to
avoid seeing the 1298-1297 area again.

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

1320.00-1320.50 *key
1322.75-1323.50
1328.25-1328.75
1332.50-1333.00


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

1315.25-1314.50 *key
1311.25-1310.50
1308.50-1308.00 *major
1304.00-1303.50
1298-1297


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

2364.50-2365.00 *key
2368.50-2369.50
2374.75-2376.00
2384.00-2385.00


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

2355.00-2354.50 *key
2349.50-2348.50
2340.50-2339.50 *major
2330.25-2328.75

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

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)

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

02/08/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

2 / 8 / 2011

(Published Since 1996)

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

Dateline: 5:36 pm eastern time, 2/8/2011

The ES opened at the 1317 resistance and dropped to the
1313.50-1312.50 support in the first 40 minutes of trading,
and then ran up from 1313.00 to 1320.50 shortly after noon.
A pullback to updated support at 1317.00 followed, then a
run up to 1320.75 occurred. A dip back to the updated
support at 1318.50 was reversed and the ES bounced to
1321.25. A dip held 1320.00 new support in the last 30
minutes and reached a 1322.25 high (just under the 1322.75-
1323.50 zone) before the close.

This move up has been relentless, and will continue unless
the ES breaks back under 1320 and holds there on a bounce.
We had early weakness get reversed on Tuesday and the move
was basically trend up. Back to back trend days are not
common.

Wednesday should be a more 2-sided affair. If there is early
strength, it should reverse in the first 20-40 minutes and
then see how the ES handles the 1320 area. If that is
defended, the melt up move can continue. If it's not held,
then the 1317 area should be a key, pivotal, area on a
deeper pullback. If that is broken, then odds will be better
for a bounce to fail.

NOTE: A HEADS UP, I will be away on Wednesday from 1pm until
late, so there will not be a Wednesday night update.

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

1322.75-1323.50
1325.50-1326.00
1328.25-1328.75
1332.50-1333.00

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

1320.00
1318.50-1318.00
1317.00-1316.50
1313.00-1312.50
1308.50-1308.00


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

2364.00-2364.50
2368.50-2369.50
2374.75-2376.00
2384.00-2385.00


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

2358.00
2356.25-2355.50
2350.75-2350.00
2344.00-2343.00 key
2336.75-2335.50

CLICK HERE FOR FREE TRADING VIDEOS!

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

Basic Rules to Day Trading

Written by: Mike Reed/TradeStalker.com

Everyone trades a little differently. The internet abounds with advice on day trading. The trading method outlined below is MY personal approach to trading. This method has worked for me for the last 27 years, and has helped me to avoid big draw downs since the mid 1980's. My style of support and resistance trading has helped me to make a good living trading.

My advice on day trading takes some time to learn because it's based on tape reading and getting a "feel" for the market. This is *not* about a fast, easy formula to "get rich quick" while you sweat out every trade. Instead, this is about developing confidence and trading consistently without fear and without big draw downs. My advice below is for anyone wanting to learn day trading, or even those of you who have been day trading support and resistance, but are not seeing consistent profits.

Here are My 10 Basic Rules to Day Trading:

Rule #1 - Practice exiting trades at break-even, using a one-tick target, a two or three tick soft stop (mental stop) and a 1.5 point hard stop. Never *allow* the market hit your hard stop. Exit by moving your target toward your hard stop, not by moving your hard stop towards your target. With time, all of this must become a reflex. You won't always be able to keep your losses down to 2 ticks, but only on rare occasions should you find yourself letting the market hit your hard stop. ("Rarely" means only about once every 50-100 trades after you get the hang of it.)

Even though your entries won't be good enough in the beginning to make a profit trading these tight soft stops, your entries will gradually improve until you turn the corner and become profitable.

Learn exits and entries separately. Don't let the one influence the other.

Taking losses this way takes dedication and discipline, so stick with it. It's the key to confident trading. If you never take large losses (and rarely medium size ones), the fear of loss pretty much goes away, and your confidence grows. Especially after your entries improve enough to support a "scalping" type exit strategy.

Rule #2 - Every trade *in all market conditions* begins as a scalp. Let me clarify this: if you're in a choppy market and you're looking to get small gains, like a point or so, manage your initial hard and soft stops *exactly* the same way you would in a quick trend or any other type of market. That means keeping losses as close to 2 ticks as possible, taking lots of break even trades and exiting every time the market doesn't give you *instant gratification* (within a minute or so).

No matter what the market is doing, you must demand that it moves in your favor right after you enter, otherwise you get out as close to break even as possible. This means you'll be closing a lot of trades near break-even within the first minute. This is the foundation of learning to trade for consistent gains.

Rule #3 - Don't worry about the commissions on break-even trades. If you do, you'll hold on to losing positions, begging them to turn around for you. This is called *hoping.* In this business, this type of *hoping* is the kiss of death. Your money-making trades must move your way in the first minute or less. When trades don't act right in the first minute, most of them will hit your hard stops.

So don't get hung up on the fact that your broker loves you. Who cares if he/she makes a living?

Your concern is *limiting losses*. I care more about this than anything else in trading. (Well-timed entries make my tight soft stops possible, so they're almost as important as the exits.)

Rule #4 - Practice your entries until your timing is so good that you can *reasonably expect* the market to go your way immediately, before it goes more than 2 ticks against you. This is not easy at first, but if you stick with it, you'll get it.

Rule #5 - Practice fading the emotional extremes on your entries. (Fading means entering in the opposite direction of the market's last move.) When an extreme NYSE-Tick (often above 1000 or below -1000) occurs at the same time the market accelerates into a support or resistance area, look for a price stall or reversal and fade the move. Fade the emotion.

Rule #6 - Rarely, if ever, *chase* the market on your entries. Wait for a pullback to get onboard a trend.

I favor shorts over longs... I can get out of a short position quicker than I can get out of a long position. I don't know why. I like to say that I "see gravity better than helium." In the rare strong-trending markets where I may chase an entry, it's going to be a down trend, not an uptrend. I don't trust up trends enough to chase them. Maybe it's just a personal quirk and maybe not. I honestly don't know.

But it's interesting to note that most (not all) professional traders I've met are Bears and prefer short positions over longs. You should give it some thought and find out which direction works better for you. Are your losses bigger on shorts or longs? Specialize in one direction and trade the other direction only when things are looking real good.

Rule #7 - Never let a gain turn into a loss. This will mean getting out of most trades a little (or a lot) too soon. You just have to live with it. Swing for home runs (greed) will ruin your trading. There is no mechanical formula that I know of, (such as, "move your stop to break even after you get 3 ticks gain") that will work. You have to develop a feel for how the market is acting at the moment, and use your feel to reduce your target or advance your hard stop. This comes with experience.

Rule #8 - Develop a feel for the big picture movements of the market, not just the intraday action. Use the end-of-day market internals to analyze the market's mood and develop a daily bias.

Rule #9 - Practice does *not* make perfect. Only *perfect practice* makes perfect. I learned this in my younger years, pursuing a professional baseball career. Perfect practice will keep your losses smaller than your gains in the trading business.

There are a lot of things involved in perfect practice. When you get tired, or when the phone rings, or whatnot, *don't trade*. Always, *always* exit trades exactly the way I've outlined above on every trade in every market condition. Always *wait* for your pitch, the well-timed setup for entering. Don't practice sloppy entries just because you're bored. Only perfect practice will help you. Anything else just amounts to practicing bad habits.

Rule #10 - Get a mentor. I traded for 6 years before I learned to keep my losses small. My trading turned around immediately after I met my mentor and talked to him on the phone for one week. Is there any serious profession that you can learn without a mentor? Maybe there is, but I don't know of any. It's certainly not trading.

If you are looking for experienced, honest, professional, and consistently accurate advice on day trading, TradeStalker's Support and Resistance Updates are for you. I write a market newsletter each day, giving my "game plan" for the next trading day. I'm as specific as possible including Support and Resistance levels that I will be buying and selling against, which provides *you* with great trade set ups nearly everyday.

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 2011 Mike Reed/TradeStalker.com

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)

02/07/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

2 / 7 / 2011

(Published Since 1996)

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

Dateline: 5:46 pm eastern time, 2/7/2011

The ES gapped up on the open, and after a small dip to
1312.50 new support about 20 minutes in, it was trend up to
1320.00. The move stalled and when the 1317.25 level broke
and then held 1317.25 on a bounce, a drop to 1313.25
occurred in the last hour. A bounce back to that 1317.25
level occurred before pulling back into the settlement.

The market keeps making higher highs, but the action on
Monday looked a bit toppy. A move up will need to break/
hold over the initial resistance areas, not reject those
areas, to avoid a decent pullback on Tuesday. The Vix
reversal gave 1 sell signal on Monday. Lately the short term
overbought/ oversold indicators have done a good job at
turns.

So, look for early weakness to be bought on Tuesday,
especially if the initial support is held/ reversed early.
If that plays out, the first decent bounce should be a good
shorting opportunity as soon as an early bounce stalls out.
If that's not at the 1317 area then the Monday highs could
get a test before a reversal occurs.

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

1316.50-1317.25
1319.50-1320.50
1322.75-1323.50


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

1313.50-1312.50
1308.50-1308.00
1305.50-1304.50
1298.00-1297.50


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

2350.00-2350.50
2359.00-2360.50
2368.50-2369.50


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

2341.50-2340.50
2336.75-2335.50
2332.25-2331.50
2325.50-2324.50

CLICK HERE FOR FREE TRADING VIDEOS!

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

02/06/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
2 / 6 / 2011
(Published Since 1996)
...............................................

Dateline: 5:26 pm eastern time, 2/6/2011

The ES popped up and reversed from 1306.00 (the 1305.50-
1306.50 zone) on the open on Friday, and dropped 6 points to
the 1300.50-1299.75 zone. A bounce off of 1300.00 failed at
1306.25, again, and then an 8+ point drop to the 1298.00-
1297.50 key zone followed. From 1298.00, the ES rallied back
to 1305.75 shortly after 1 pm, then a dip to updated key
support at 1304 followed. The market bounced right back and
the ES reached the 1308.00-1308.50 resistance zone at the
close.

The market has been pulling back in the morning, and then is
able to come right back and rally to new highs. The support
and resistance areas have been acting as magnets and/or
turning points all of the way up. On Friday the ES was able
to get over the 1306 prior high, after failing there on four
or five occasions, and moved on up to the next resistance at
the 1308.00-1308.50 zone. There was good movement both ways.
These were the swings of 4 or more ES points on Friday:

Price CHANGE
1306.25
1300.00 -6.25
1306.00 +6.00
1298.00 -8.00
1308.25 +10.25

For this move to keep its steady trend up, then a pullback
should stay over the 1305.50 area and then push on to new
highs again. If that is the case, then we could see the
1312-1313 area before the move is over. Otherwise, if the
initial support areas are not held, then just below are the
Friday afternoon lows at the 1304.00-1303.50 zone. If a
pullback is not able to hold that area, then the upside pace
is broken and a trip down towards the 1298 area could be in
the cards again.

So, on Monday look to sell early strength in the first 20-40
minutes of trading, and then if the first pullback is able
to hold the 1304.00-1303.50 zone then the upside can
continue and at least test the 1308 area again. However, if
that 1304 area is not held, then the bounces should fail as
the market makes a trip back towards the 1298 area. If that
occurs, especially early, then the market should come back
and rally strong and if things are not changing. If the
market gets down there and isn't able to snap a right back,
then the market might be in for a rough day.

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

1308.00-1308.50
1312.00-1313.00
1318.00-1318.50

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

1305.50
1304.00-1303.50
1298.00-1297.50
1292.25-1291.50

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

2338.75-2339.50
2344.75-2345.50
2352.75-2354.00

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

2334.50
2332.25-2331.50
2325.50-2324.50
2317.50-2316.50

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

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

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

TradeStalker's

Support and Resistance Update

2 / 3 / 2011

(Published Since 1996)

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

Dateline: 6:28 pm eastern time, 2/3/2011

The ES opened at the 1298.00-1297.50 support and bounced to
1301.50 resistance, then dropped to 1298.00 again. A pop to
1301.25 was rejected and unable to hold 1300, the market was
sold hard until reaching the 1292.25-1291.50 support zone.
The ES rallied back to 1300.50 and stalled out, however the
pullback held the 1298.50-1298.00 updated support and there
was a break out to the upside. The move reached 1305.75
(1305.50-1306.50 key resistance) and then pulled back to
updated support at 1303.50 by the close.

The internal gauges are at/ near turning points, and at
these levels the Friday action should be telling for the
short to intermediate term health of the market. On one side
of the coin, the intermediate term internal gauges are
trying to turn up. At the same time, short term gauges are
nearing overbought areas, and the sentiment has gone from
overly bearish to overly bullish. The ES has finally
overcome the 1300 level, and now needs to hold this area.

The early Friday action will be about the Employment report.
The trends are up, but the market hasn't been able to get
through the 1306 area twice now. If that area is cleared,
and not rejected, then a mini melt up towards the 1312.00-
1313.00 area is not impossible. If that was to happen, it
would set up the easiest shorting opportunity in a long
time. In fact, there will likely be selling into any further
strength up here as the reward/ risk is not great on new
longs up here.

So, if that 1306 area on the ES is rejected again, then
a pullback would need to hold over the 1300.50-1299.75 zone
on the ES, or 1298 at the worst. As long as the market keeps
its "buy the first good pullback" mode and holds that area,
then the market remains unharmed. However, if that area is
not defended, then something is changing and a deeper drop
could occur. The low on Thursday was at the 1292.25-1291.50
zone, and that is major now on the short term.

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

1305.50-1306.50 *key
1308.00-1308.50
1312.00-1313.00 *major


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

1303.00
1300.50-1299.75
1298.00-1297.50 *strong
1292.25-1291.50 *major
1288.50-1287.50


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

2325.50-2327.75 *key
2332.25-2333.00
2338.75-2340.00 *major


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

2320.50
2317.50-2317.00
2312.50-2311.50 *strong
2296.50-2295.50 *major
2291.00-2290.25

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

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

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

TradeStalker's

Support and Resistance Update

2 / 2 / 2011

(Published Since 1996)

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

Dateline: 5:56 pm eastern time, 2/2/2011

After trading at the 1298.00-1297.50 support just before
stocks opened, the ES bounced from 1299.25 on the open and
rallied 5 points to 1304.25 after an hour of trading. We
covered shorts/ puts from 1305 area on the open, and pretty
much stood aside the rest of the day. It turned out that the
whole day was inside of the first hours trading range, with
a late drop testing the low.

We had an inside day on Tuesday, as the market digested the
Monday gains. The bounces couldn't stick, but still the
market refused to fall apart. Most indicators are back to
neutral now.

On Wednesday early weakness should set up a trade on the
long side as long as the initial support is held. However,
if that plays out, beware that when the upside stalls out it
should set up a better shorting opportunity. The market
hasn't liked the thin air over 1304 on the ES and the 2326
on the NQ for very long. The way the market acted late in
the day on Tuesday showed how eager longs were to cover. If
the ES stays under 1300, instead of reversing back up
through it, then there could end up being a sizable drop in
the works.

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

1301.50
1305.50-1306.50 *key
1308.00-1308.50
1312.00-1313.00 *major


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

1302.00-1301.50
1298.00-1297.50
1292.25-1291.50
1288.50-1287.50
1284.50-1283.75 *major


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

2320.00
2327.50-2328.25 key
2332.25-2333.00
2338.75-2340.00 *major


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

2215.25-2314.50
2304.50-2303.25
2296.50-2295.25
2291.00-2290.25
2286.50-2285.75 *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.
************************************************

02/01/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

2 / 1 / 2011

(Published Since 1996)

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

Dateline: 5:56 pm eastern time, 2/1/2011

The ES gapped up 8+ points and kept going in trend up mode
to the updated 1305.50-1306.50 zone. A pullback held at
1302.00, and a bounce to a high at 1306.00 occurred with 8
minutes left in stock trading. That was rejected and a
pullback towards 1302 occurred after stocks closed. We
bought a small position in put options when the ES was at
1305 and will hold those overnight.

The Vix gave a number of buy signals that I didn't trust
coming into Tuesday trading, and the signals proved to be
correct. Now, for the first time in months, my RBI
Oscillator poked into sell mode and I'll not ignore that.
Tuesday was a trend up day, and back to back trend moves are
rare so Wednesday should be a two-sided affair at best. The
rallies should have trouble holding, but a decent sized
pullback should find buyers below, especially if the 1298-
1297 area on the ES is tested and held.

So, on Wednesday look to sell early strength if there is
some to set up a good odds shorting opportunity. If that
plays out, then a pullback towards the 1298 area should hold
if the market is going to have 2 sided action. If that area
is not defended, then a move back to the lower 1290's is
likely before a bounce can occur. If the market opens lower
and turns up from support, then a test of the 1306 area
could still occur but will be sold unless the market does
the unusual.

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

1305.50-1306.50 *key
1308.00-1308.50
1312.00-1313.00 *major


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

1302.00-1301.50
1298.00-1297.50
1292.25-1291.50
1288.50-1287.50
1284.50-1283.75 *major

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

2327.50-2328.25 *key
2332.25-2333.00
2338.75-2340.00 *major

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

2319.00-2318.00
2212.00-2310.50
2296.50-2295.25
2291.00-2290.25
2286.50-2285.75 *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

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)

01/31/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

1 / 31 / 2011

(Published Since 1996)

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

Dateline: 5:56 pm eastern time, 1/31/2011

The ES opened up 5+ points and in the 1277.50-1278.50 zone
and dropped 3.50 points to the 1274.50 updated support and
bounced back. That bounce failed at 1277.50 and a low at
1273.25 was made. After the 1278 area was broken, it turned
support and the ES rallied to 1283.75 before pulling back. A
bounce then failed at 1283.00, setting up a shorting
opportunity, and the ES pulled back to 1277.50 before
reversing back up. The last hour was back to the upside as
the ES reached its 1283.75 high just before the close.

Normally the last day of the month and the first trading day
of the month has an upside bias. The Vix reversed a bit, and
gave a short term buy signal but I'm not sure I trust that
just yet. The ES found support around the 1278 area, but
bounces were not easily held on Monday. The ES made an
inside day, and acted range-bound on Monday.

On Tuesday, early strength should be sold and then if the
1278 area is defended on a pullback then the damage can be
undone. If that area is not held, then a move to test last
Friday's lows could be in the cards. With the ISM Index
release 30 minutes into the day, a trading high/ low should
be made in that timeframe and last into the lunchtime
trading if the market action is going to be a volatile two
sided day.

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

1283.75-1284.50
1287.50-1288.50 key
1291.50-1292.25


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

1280.50-1279.75
1278.00-1277.50 pivotal
1273.25-1272.50
1267.50-1266.50 major


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

2285.75-2286.50
2290.25-2291.00
2295.25-2296.50


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

2276.50-2275.50
2268.75-2267.50
2256.00-2254.50
2248.50-2246.75

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

01/30/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

1 / 30 / 2011

(Published Since 1996)

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


Dateline: 5:36 pm eastern time, 1/30/2011


We were expecting a pullback to 1288 at least, and got a lot
more! The pop up open reversed from just over the key
resistance and then went straight to 1283.25 before a small
bounce. The update stated "This is a crashette day" and
although it wasn't *that* bad, we stayed with shorts. After
the early low at the 1272.50 updated support (we covered
shorts just over that), I updated stating that "It looks
like the 1279.50-1280.50 area should offer resistance" and
the bounce reached 1279.25 and then reversed. That was a
nice re-entry on the short side and another 7 point drop to
1272.00 followed. A bounce double topped at 1278 and rolled
over, and it looked like there was a chance for a low with
about 20 minutes left. With 18 minutes left the ES bounced
off of 1271.00 new low to 1274.50 updated resistance before
plunging to 1270.50 at the close.

The 12,000 area on the Dow cash and 1300 area on the SP500
Cash were reversed on Thursday, and then again in the first
20 minutes on Friday. That was the maximum upside before a
pullback, and the market came unglued on Friday as the SP
futures and the Nasdaq futures dropped 29.00 and 71.50
points, respectively, off of their early highs. That kind of
move is not one that the market will come roaring right back
from and zoom up to new highs.

The market is short term oversold and sentiment really
shifted to bearish in a hurry. The Vix jumped 24% to close
over 20 on Friday, after being as low as 15.92 in the
morning. A reversal by the Vix will be needed to take a bit
of pressure off, but volatility should be back in a good way
now. The new VIXY had a nice 7 dollar move on Friday.

There should be more downside coming, as long as bounces do
not break over the 1277.50-1278.50 area on the ES and the
2275.50-2276.00 zone on the NQ and then hold those zones on
a pullback. Those would be the first hurdles to overcome on
a bounce. If those are exceeded, then one more move towards
the 1282 area on the ES would be possible. However, if those
are not exceeded/ held then odds are still good that we will
next test the 1258 area, which is the low area for the year
and an old breakout area on the way up. If the market can
hold there, then a decent bounce back can occur. If the
market gets down there, and cannot hold, then we could see
another 10 points or more cut from the SP500 cash and
futures before the selling gets a respite.



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

1274.50
1277.50-1278.50
1281.75-1282.50
1287.25-1288.00


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

1270.50
1267.50-1266.50
1263.00-1262.00
1258.50-1257.50
1252.50-1251.50


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

2270.00
2275.50-2276.00
2284.75-2286.50
2295.25-2296.50


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

2264.00
2259.00-2258.00
2252.50-2250.50
2238.75-2237.50
2228.50-2227.50

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

01/27/11 TradeStalker's E-Mini Futures Support and Resistance Updates

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

TradeStalker's

Support and Resistance Update

1 / 27 / 2011

(Published Since 1996)

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


Dateline: 6:12 pm eastern time, 1/27/2011


The 1292.00-1291.25 support zone on the ES was bought on the
open (1292.00 early low) and the 1297.75-1298.50 resistance
zone was reached and rejected (1298.00 early high). After a
pullback, a pop up reversed the 1296.50 level setting up a
short and a drop to 1290.75 followed. After turning up, the
1293.50-1294.00 area was broken and held on a dip and the ES
went back up to test the 1296.50 level, again. After a dip,
one more push up to 1298.25 was rejected in the last 15
minutes and the ES dropped to 1295.00 before the close.

The 1297.75-1298.50 area on the SP Futures has looked like
the maximum upside since the rally from the 1277 level
started last week. It was rejected early on Thursday, and
then again in the final minutes of trading. The SP500 cash
reached 1301 intraday on Thursday, and there is symmetry at
that level on the cash index. The Dow is working on its 9th
straight weekly gain, something that last happened 16 years
ago in 1995, and it would have to lose 118 points to close
down for the week.

So there is some reason to expect a pullback, at least,
short term. If the initial support areas are held and
reversed early, then a snap back bounce is likely. However,
a bounce will fail to hold over 1296.50 if it acts like it
did on Thursday. The better reward / risk trade at this
juncture is a short if the initial, key, resistance is
tested again and the move stalls/ reverses. If that occurs
and the market then turns back down, it should be the start
of a move to the 1288 area if there is no sign of holding
the 1293.50 area. If that 1288 area is tested, the bulls
need to defend that or the market may be in for a little
break down.


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

1297.75-1298.50 key
1301.00-1301.50
1305.50-1306.50


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

1294.00-1293.50 key
1288.25-1287.50 major
1283.00-1282.50


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

2328.50-2329.25 key
2333.75-2334.50
2339.50-2340.25


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

2318.00-2317.50 key
2312.50-2311.50 major
2299.50-2298.50


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) 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 ($ES_F)and($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.
*************************************************

01/26/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
1 / 26 / 2011
(Published Since 1996)
...............................................

Dateline: 5:26 pm eastern time, 1/26/2011

The gap up open was sold from the 1290.50-1292.00 resistance
and the pullback to 1288.25 to fill the gap stalled before
turning up and running to 1296.00. A pullback held the
1291.00-1290.50 new support area and rallied back to 1296.50
and was rejected. A pullback held 1293.00 and popped back up
to test/ reject 1296.50 one more time then pulled back into
the close.

The market should pull back towards the 1288 area on the
ES at least as long as the 1296.50-1298.00 area on the ES is
not exceeded now. That area was rejected on Wednesday, and
should be hard to get through and not reverse.

On the down side, the market has had a good bid on the
deeper drops as soon as the downside stalls out. IF that
continues, and the market firms up after a decent sized
pullback occurs (especially on a test of the 1288 area on
the ES), then beware of yet another rally attempt. However,
if the ES cannot defend that area, then the trends reverse
and a top on Fed day may be in place.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1
1294.50-1295.00
1297.75-1298.50
1301.00-1301.50

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1
1292.00-1291.25
1288.25-1287.50
1283.00-1282.50
1277.50-1276.50

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1
2317.50-2318.25
2323.50-2324.25
2330.25-2332.50

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1
2313.00-2312.50
2308.00-2307.50
2299.50-2298.50
2293.50-2292.50

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

01/25/11 TradeStalker's E-Mini Futures Support and Resistance Updates

.................................................
TradeStalker's
Support and Resistance Update
1 / 25 / 2011
(Published Since 1996)
...............................................

Dateline: 6:36 pm eastern time, 1/25/2011

The lower open reversed from 1282.00 and spiked up to
1288.50 again before reversing and dropping to the 1278.50-
1278.00 support zone before noon. A 1-2-3 bottom at that
area (see "Read the Greed") started a bounce to 1284.75
(updated resistance was 1284.00-1284.50) and it stalled out
before another drop to a new low at 1277.00. A pop to
1280.50 updated resistance was sold, and a drop to test the
lows followed. A reversal took the ES over 1280.50, which
turned into support on a dip, and then moved on up to
1285.25 with about 30 minutes left in stock trading. A
pullback held the updated support at 1282.50-1282.00 and ran
up to test the 1288 area again at the close.

The market is in a trading range and the bottom and top were
tested on Tuesday. The Vix buy signals worked after the
market had a deep pullback. However, the market has not held
gains and if there is yet another reversal from that 1288
area then we could repeat the Tuesday action and have more
two-sided action. If that's the case there should be
opportunity on both sides. The ES and NQ both made good
moves both ways. the ES made these swings of 4 points or
greater:

1282.00
1288.50 +6.50
1282.50 -6.00
1286.50 +4.00
1278.25 -8.25
1284.75 +6.50
1277.00 -7.75
1288.25 +11.25

The volatility at these levels should continue. We get the
New Home Sales number 30 minutes into the day on Wednesday,
and then the Fed decision on interest rate policy around
2:15 pm eastern time. For now the market is in an uptrend so
look for early strength to be sold in the first 40 minutes
of trading, and then a pullback to the 1283.00-1282.50 zone
on the ES needs to be defended on a pullback. If there is a
trending move going into the Fed release, it should be
reversed. In any case, after the release expect a quick up
and down move (or vice versa), and then the market should
find a trend and go that direction until the last 30 minutes
or so.

March 2011 SP futures resistance
symbols: emini = esh1 / big contract =sph1
1288.00-1288.75
1290.50-1292.00
1294.50-1295.00
1297.75-1298.50

March 2011 SP futures support
symbols: emini = esh1 / big contract =sph1
1283.00-1282.50
1277.50-1276.50 (11900 on Dow cash) *major
1274.50-1274.00
1268.25-1267.50

March 2011 Nasdaq futures resistance
symbols: emini = nqh1 / big contract = ndh1
2302.25-2303.50
2309.50-2310.50
2318.50-2319.25
2323.50-2324.25

March 2011 Nasdaq futures support
symbols: emini = nqh1 / big contract = ndh1
2293.50-2292.50
2282.50-2281.50 *major
2279.25-2278.50
2267.00-2265.75

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

TradeStalker's E-Mini Futures Support and Resistance Updates 01/24/11

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

TradeStalker's

Support and Resistance Update

1 / 24 / 2011

(Published Since 1996)

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

Dateline: 6:56 pm eastern time, 1/24/2011

The lower open at the 1279.00-1278.50 initial support gave a
move up to the 1282.75-1283.25 initial resistance zone, then
dropped back to the 1279.00 level and bounced again. The
bounce failed at 1281.75 but a third pullback to 1279.00-
1278.50 held and the 1282.75-1283.25 zone was tested again.
The 1280.50 level held and the breakout took the ES to the
1287.50-1288.25 key resistance before buyers backed off. A
break of the 1285.50 updated support led to a drop to
1283.75 updated support and then ran up 6 points in the last
hour to new highs for the day by the close.

the oversold rally on Monday erased many of the short term
oversold extremes that were present. however, the Vix
reversal from a 20 day high on Monday gave several buy
signals on Monday's close. we'll see about that, as we get
the Consumer Confidence release 30 minutes into trading on
Tuesday. At these levels, the market should take a poor
number as an excuse to sell stocks. If that's what happens,
then the last hour lows from Monday will need to be defended
to avoid a potential 1-2-3 type of top on the daily charts.

So, on Tuesday look for early strength to set up a shorting
opportunity if the initial resistance areas are reached and
rejected. If the market obliges and there is a pullback that
holds the initial support areas, then the uptrend can
continue and set up a trade on the long side. If the initial
support isn't held, then the 1284.00-1283.50 zone on the ES
needs to hold or a reversal of trends will occur. If the
market does get hit with a decent sized pullback, then the
1278.50-1278.00 zone would be a major area to hold to avoid
a topping pattern.


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

1290.50-1292.00
1294.50-1295.00
1297.75-1298.50

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

1286.50
1284.00-1283.50
1281.00-1280.50
1278.50-1278.00
1274.50-1274.00

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

2299.50-2301.00
2309.50-2310.50
2318.50-2320.25

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

2294.50
2292.50-2291.75
2287.00-2286.25
2279.25-2278.50
2267.00-2265.75

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

TradeStalker's E-Mini Futures Support and Resistance Updates 01/23/11

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

TradeStalker's

Support and Resistance Update

1 / 23 / 2011

(Published Since 1996)

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

Dateline: 5:36 pm eastern time, 1/23/2011

The market gapped up on Friday (8.75 points on the ES) and
the ES reached its 1287.75-1288.25 zone (1288.00 high) while
the NQ reached the 2299.00-2300.50 zone (2299.75 high) and
the market rolled over and went trend down until around
noon. Our 1280.25 level to cover shorts was reached (about 7
ES points, and 23 NQ points) as the ES found support at
1279.00 and started a choppy move higher. Updated resistance
at the 1282.50-1283.00 area was rejected all afternoon, and
was a re-short as the ES fell to test the 1278.25 level,
which started as initial resistance for the day before a gap
up open, just before stocks closed.

The oversold rally happened on Friday's open, and then the
market spent the day giving back gains. The Dow made a new
52 week high by popping over 11900, but the Nasdaq futures
were trend down all day, losing 34 points from high to low.
There are some short term oversold indicators still.
However, the Dow making a new high without the Nasdaq going
with it leaves the market suspect on bounce attempts.

On Monday look to get short if there is early strength and
the move reverses from the initial resistance areas. If that
area is rejected, and then the initial support will need to
be defended on the first pullback in order to avoid a trip
to the 1274.50-1274.00 zone. If they hold and reverse from
that zone, then a decent rebound could occur. If the market
gets back down there, and buyers don't step to the plate and
turn the market back up quickly, then another push lower
towards last week's 1267.50 low (or lower) is likely in the
cards.

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

1282.75-1283.25
1287.50-1288.25
1291.00-1292.00


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

1279.00-1278.50
1274.50-1274.00
1268.00-1267.50
1265.00-1264.50


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

2277.75-2278.75
2290.50-2291.75
2299.50-2301.00


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

2266.00-2265.75
2258.75-2257.75
2248.50-2246.75
2242.00-2240.50

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

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), 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 E-Mini Futures Support and Resistance Updates 01/20/11

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

TradeStalker's

Support and Resistance Update

1 / 20 / 2011

(Published Since 1996)

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


Dateline: 6:12 pm eastern time, 1/20/2011


The ES opened lower and reached the 1270.75 support about 8
minutes into trading, and then a bounce to 1278.00 followed.
That set up a shorting opportunity and the market went trend
down to the 1268.50-1268.00 zone (a 1267.50 low) and bounced
again just before noon. The 1274 area turned pivotal, and
once that was overcome the ES rallied to 1280.25 (right at
the 1280.00-1280.50 initial resistance). That was rejected
and a dip to 1278.00 followed, but it didn't hold and a drop
back to the 1274.00 level occurred in the last 30 minutes of
trading and then the market firmed into the close.

The intermediate term gauges are looking worse, but short
term the market is a bit oversold. The 1274 area on the ES
was pivotal on Thursday, along with 11800 on the Dow cash.
As long as that is held early, then the market can try
to move a bit higher, maybe back to test or break the
1280.00-1280.50 area. That would be key on the upside. If
the market cannot push through those Thursday afternoon
highs and stick, the market will remain vulnerable for more
on the downside.

So, look for the initial support areas to be key in the
early going if there is weakness. As long as those areas are
defended, then a move back towards the 1280's is possible
before the bids dry up and the market pulls back again. If
there is early strength first, then look for a shorting
opportunity if the 1277.50-1278.25 initial resistance is
reversed. If it's not, then the 1280.00-1280.50 area would
be next, and then a dip would need to hold 1278 to avoid a
reversal, and decent sized drop once again. If the ES breaks
under that 1274 area again, and cannot turn back up, then
another air pocket drop could occur.



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

1277.50-1278.25
1280.00-1280.50
1283.00-1283.75
1287.75-1288.25


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

1274.50-1274.00
1272.50-1271.50
1268.00-1267.50
1265.00-1264.50


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

2287.50-2288.50
2293.50-2294.50
2299.00-2300.50
2311.00-2312.25


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

2279.00-2278.00
2274.50-2273.50
2267.50-2266.50
2260.50-2359.50


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

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's E-Mini Futures Support and Resistance Updates 01/19/11

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

TradeStalker's

Support and Resistance Update

1 / 19 / 2011

(Published Since 1996)

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

Dateline: 6:16 pm eastern time, 1/19/2011

The market opened lower on Wednesday, under initial support
zones, and the ES dropped to 1286 support before bouncing.
The ES rejected the 1288.00-1288.50 zone and dropped to
1281.75 before another small bounce. That failed at 1283.50-
1284.00 updated resistance and the trend down move then
finally reached the 1276 target on the way to 1275.00. With
less than 30 minutes left in stock trading, the market found
buyers/ shorts covering and bounced back into the close.

The market finally broke down and put a dent in the upside
momentum. However, after a 20 point drop on the ES from
1295.00 to 1275.00, the move down lost some steam late on
Wednesday and ran up in the last 25 minutes of trading. That
could be because there are a lot of economic releases out on
Thursday. We get the Initial and Continuing Claims before
the open, and then the Existing Home Sales, Leading
Indicators and Philly Fed releases 30 minutes into the day.

On Thursday look for early strength to set up a shorting
opportunity, especially if the initial resistance is not
cleared/ held. If that plays out and the Wednesday lows are
broken by just a just a little bit and then reversed, then a
decent rebound could occur. Still, it would fail to break
and stay over the 1280 area if the market is weak. If that
initial resistance is cleared, and then can hold on a dip,
then one more push towards the 1283.50 area could be in the
cards (or towards the 1287.75-1288.25 zone at the most)
before the downside starts again.

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

1280.00-1280.50
1283.00-1283.75
1287.75-1288.25


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

1275.00-1274.50
1271.75-1270.75
1268.50-1268.00
1265.00-1264.50
1262.00-1261.50


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

2302.00-2303.50
2311.00-2312.25
2316.00-2317.00


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

2293.00-2291.50
2288.25-2287.50
2284.00-2283.25
2279.50-2279.00
2274.50-2273.50

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), 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 E-Mini Futures Support and Resistance Updates 01/18/11

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

TradeStalker's

Support and Resistance Update

1 / 18 / 2011

(Published Since 1996)

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

Dateline: 5:46 pm eastern time, 1/18/2011

The ES popped up to 1290.50 on the open on Tuesday, and then
dropped to 1286.50 before turning back up. Not able to stay
under 1287 for very long, the bids came back in and the
market started a grinding move to the upside. The 1291.75
resistance was rejected after 2 pm, but just a small dip to
1289.50 was reversed quickly and after the 1291.00 early
high was broken and held, the futures made a run to new
highs right at their close.

The earnings reports after the close were well received so
there should be follow through buying on Wednesday. The ES
is closing in on the 1300 area, and if the NQ can keep its
bid, the ES should get pulled up with it, and possibly
attempt to reach the 1297.50-1298.50 zone.

However, should the market pop up early and then reverse
(especially from 1297.50-1298.50) and not defend the initial
support areas, a top of some sort should be in place. After
9 straight up days to new 52 week highs by the Nasdaq
futures, the market will be pulling back/ selling off soon.
If there is early strength that reverses the initial
resistance areas, it should be a good reward/ risk
opportunity on the short side for a pullback towards the
initial support areas, at least.

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

1297.50-1298.50
1300.50-1301.50
1305.50-1306.50


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

1292.75-1292.50
1291.00
1289.50-1288.50
1286.50-1286.00


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

2335.75-2337.50
2342.50-2344.25
2352.50-2353.50


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

2327.50-2326.75
2323.50
2318.75-2317.75
2310.75-2308.75

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), 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 E-Mini Futures Support and Resistance Updates 01/17/11

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

TradeStalker's

Support and Resistance Update

1 / 17 / 2011

(Published Since 1996)

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

Dateline: 4:36 pm eastern time, 1/17/2011

The lower open on Friday was reversed, and after breaking/
holding the 1278.50 level the move was trend up to the top
of the recent range. We did buy a small put position, but
traded around that with the ES as all the dips were to a new
updated support (1284.50, then 1287.00 as the last support)
on the way to 1290.00 by the close.

The market is in a melt up mode, despite technical extremes.
The pullbacks are relatively small, then it's back to the
upside. This is flabbergasting that the market refuses to
pull back even a little, and is turning into a mania that
likely ends soon. The market has gone up for eight straight
weeks, and without having anything more than a pullback of
one-third of one percent. That's 1/3 of 1% if numbers look
different, but amazing how ever you look at it.

In any case, the stair step higher will continue unless the
1287.00 level on the ES is broken, then held as resistance
on a bounce. Even then, the 1284.50-1283.50 zone should also
be important, as it was the old high area from 2 weeks ago.
So, there is good support to defend below. On the upside,
the ES could try for a test of the 1300 area before coming
back down, possibly hard for the first time in months, if
the 1291.75-1292.50 area is not rejected up here.

On Tuesday look to sell early strength that stalls/reverses
from initial resistance in the first 40 minutes at the
latest. If that plays out, and then the first decent
pullback holds near the 1287.00 area, cover and get long for
a continuation of the uptrends. If there is no hint of
holding the 1287 area, then the 1284.00 area could be a
magnet before a bounce occurs. If they get down there, the
market should rally back and not stall/ reverse from the
1287 area to avoid further downside. If that break/hold under
the 1287 area is what happens, then the major support is now
at the 1277-1276 area on the ES.

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

1290.00
1291.75-1292.50
1294.00
1297.50-1298.50
1301.00-1302.00


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

1287.50-1287.00
1284.50-1283.50
1280.50-1280.00
1277.50-1276.75 Major
1273.00-1272.25

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

2323.00
2325.50-2326.50
2330.50
2337.50-2338.50
2342.25-2344.00


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

2317.50-2316.75
2312.50-2312.00
2306.25-2303.75
2298.50-2296.50 Major
2285.00-2283.50

CLICK HERE FOR FREE TRADING VIDEOS!

Good Trading,
Mike Reed
TradeStalker.com

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), and (DOG)

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's E-Mini Futures Support and Resistance Updates 01/13/11

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

TradeStalker's

Support and Resistance Update

1 / 13 / 2011

(Published Since 1996)

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


Dateline: 6:16 pm eastern time, 1/13/2011


A quick update late last night stated that an early rally
would be a short, and also gave the 1279-1278 area on the ES
and the 2298-2296 zone on the NQ being key. The ES dropped
to 1277.75 and NQ to 2298.00 and reversed in the first hour,
then rallied into early afternoon. The move stalled out at
1283.00 and then reversed and drifted to 1276.25 on the ES
and the 2298-2296 zone on the NQ at 3:30 pm. A short
covering rally took the market back to test the highs but
just missed and the futures backed off into the close.

The market got good earnings after the bell and should open
higher on Friday if the CPI and Retail Sales numbers are not
bad. The Michigan Sentiment survey 25 minutes into trading
could be a market mover too. The market hasn't had a decent
pullback of even 10 points on the ES since 1/4 and 1/7 at
the 1258 area. Some good odds shorts set up along the way,
but they don't give much downside before bouncing back. The
melt-up move should last another day, or part of one anyhow.

On Friday there should be follow through buying so if there
is early weakness it sets up a buying opportunity for a
rally back to a new high for the move or higher. If the
market opens higher, a reversal from the 1284.50 area on the
ES should only cause a small pullback of 3-4 points at most
if the move up is going to continue. If there is a drop of 4
ES points or more, then a chance of testing the Thursday
lows would be possible. The 1276 area on the ES, the 2296
area on the NQ and the 11700 level on the Dow cash will all
be defended if the market is going to stay away from trouble
and stay in trend up mode.



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

1284.00-1284.50 *key
1286.75-1288.00 *major
1291.75-1292.50
1299.00-1301.00


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

1279.00-1278.50
1274.50-1274.00 *key


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

2309.50-2311.00 *key
2315.50-2316.25 *major
2322.50-2324.00


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

2300.75-2300.25
2294.00-2292.50 *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.
*************************************************