TradeStalker's E-Mini Futures Support and Resistance Updates 10/25/10

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

TradeStalker's

Support and Resistance Update

10 / 25 / 2010

(Published Since 1996)

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


Dateline: 5:23 pm eastern time, 10/25/2010


The ES gapped up 6 points on Monday, as the 1185.50-1186.50
resistance turned support on the gap up and the ES reached
the 1193.00 overnight high before pulling back. I stated
"That might be a high for the morning if 1191.50 is not
exceeded" and the bounce stopped right at 1191.50 before
rolling over. A trend down move to 1182.50 followed, and
then a bounce to 1186.75 was reversed and another pullback
followed. The 1183 area was holding on drops, but after a
bounce to 1188.25 was reversed, the market dropped to new
lows for the day as the ES filled the 1181.50 gap on the
daily chart in the last 5 minutes of stock trading.

On Tuesday we have the Consumer Confidence number at 10am,
and it could cause a reversal like on Monday if the market
goes higher. The daily chart is a reversal pattern, and
bounces obviously did not stick on Monday. The market isn't
far from breaking down either. The Friday afternoon low
areas need to be defended, otherwise the downside can gather
some steam.

Look for a shorting opportunity if there is early strength
that reaches and stalls or rejects the initial resistance
areas. If a pullback is not reversed from the 1176.75-
1176.25 area on the ES and the 2097.50-2096.50 area on the
NQ, along with 11110 on the Dow cash, then the market is
breaking down short term. A bounce from those areas however
saves the market from rolling over and could start a decent
bounce.



December 2010 SP futures resistance
symbols: emini = esz0 / big contract =spz0

1185.50-1186.00 early short
1188.00-1188.50 strong
1192.50-1193.00 major
1198.50-1199.00

December 2010 SP futures support
symbols: emini = esz0 / big contract =spz0

1181.50-1181.00
1179.50-1179.00 must hold
1176.75-1176.25 key
1172.50-1172.00
1167.50-1167.00


December 2010 Nasdaq futures resistance
symbols: emini = nqz0 / big contract = ndz0

2116.50-2117.25
2121.00-2121.50
2128.75-2130.00

December 2010 Nasdaq futures support
symbols: emini = nqz0 / big contract = ndz0

2106.25-2015.50
2101.50-2101.00
2097.50-2096.50
2087.50-2086.75
2078.50-2077.75


December 2010 Dow futures resistance
symbols: emini = ymz0

11145-11151
11170-11174
11120-11125

December 2010 Dow futures support
symbols: emini = ymz0

11104-11097
11083-11079
11062-11060 11110 Dow Cash
11053-11050
11014-11010


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

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 E-Mini Futures Support and Resistance Updates 10/24/10

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

TradeStalker's

Support and Resistance Update

10 / 24 / 2010

(Published Since 1996)

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

Dateline: 5:26 pm eastern time, 10/24/2010

The ES popped up on the open on Friday and poked just 1 tick
over the 1180.00-1180.50 zone, and that set up a shorting
opportunity, especially when 1180 was reversed again. A 5+
point drop to 1175.50 happened in the first 40 minutes of
trading, then sideways chop followed. The 1179.00-1179.50
was scalp short resistance and 1176 area was support all
afternoon for those who hung around. That 1179.00-1179.50
updated resistance was rejected 6 times while dips held the
updated 1176 area. At the 4 PM close for stocks, the ES
finally took out that 1179.00-1179.50 zone and ran them up
to the high before settlement.

Most of the intermediate term indicators have turned down,
so the internals need to improve quickly or a good sized
drop could be coming. The sentiment is getting overly
bullish on the short term. The short term gauges relieved
the oversold status they were in on Tuesday.

The market had a narrow range day on Friday, and after
bumping its head against the 1179.00-1179.50 area all day,
the ES took that out and rallied into the close. That area
needs to hold on a dip on Monday to keep the uptrends
intact. If that bounce off of 1179.50-1179.00 occurs and the
market bounces back towards the 1186 area from last week,
expect a decent pullback to begin. If the 1179.50-1179.00
area is not held, then a high can be in place short term.
That's the case if the 1176 area from Friday is not
defended. A break of that area would make a bounce back
towards 1178-1179 area a shorting opportunity.

NOTE: I'm having a trading camp this week. I'll do my best
to update during the day, but most will be via instant message
until Thursday.


December 2010 SP futures resistance
symbols: emini = esz0 / big contract =spz0

1181.50-1182.00
1185.50-1186.50
1189.50-1190.50


December 2010 SP futures support
symbols: emini = esz0 / big contract =spz0

1179.50-1179.00
1176.75-1176.25
1172.50-1172.00
1167.50-1167.00


December 2010 Nasdaq futures resistance
symbols: emini = nqz0 / big contract = ndz0

2104.75-2106.50
2111.50-2112.50


December 2010 Nasdaq futures support
symbols: emini = nqz0 / big contract = ndz0

2101.50-2101.00
2098.00-2097.50
2087.50-2086.75
2078.50-2077.75


December 2010 Dow futures resistance
symbols: emini = ymz0

11108-11111
11138-11145


December 2010 Dow futures support
symbols: emini = ymz0

11083-11079
11062-11060 (11110 Dow Cash)
11053-11050
11014-11010


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

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 E-Mini Futures Support and Resistance Updates 10/21/10

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

TradeStalker's

Support and Resistance Update

10 / 21 / 2010

(Published Since 1996)

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


Dateline: 6:56 pm eastern time, 10/21/2010

The market opened higher on Thursday and rallied up to the
1185.75-1186.50 resistance zone and then stalled out. After
topping at 1186.25 the ES pulled back 10 points to 1176.25
before there was a bounce. That bounce made it to updated
resistance at 1179.50-1180.25 which allowed for a good
second entry and the market went trend down into 2:00 PM.
The ES then reached 1167.25, which happen to be a .618
retracement from the 1155.50 low from Tuesday to the 1186.25
high for the day. Buyers stepped to the plate and the market
rallied back 1177.50 on the ES and then traded sideways into
the close.

There is nothing on the economic docket at all on Friday, so
stocks are on their own path. The market ended the day with
a bounce, but forming a rising wedge pattern in the process.
It looks like the 1174 area on the ES needs to hold to avoid
a break lower, and that would make a bounce that follows a
good shorting opportunity.

The market has been turned away enough already at higher
levels, especially on crossing down through the 1180 level
on the ES. Although there was a bullish tone early on
Thursday by breaking/ holding the 1179 level on the ES, the
bid dried up at the 1185.50-1186.25 area and the sharp drops
that follow are normally topping action. We still have a
potential 1-2-3 top forming on the daily chart, and that
could be confirmed if the Friday close is under the 1160
area on the SP500 Cash.

So, don't expect the upside to stick on further strength. A
test of the Thursday lows was at a logical support area, so
if 1174 breaks and that 1167 area is tested we could get
another decent bounce. However, a break of that would mean
bad news for Friday as the lows for the week could be in the
cards.



December 2010 SP futures resistance
symbols: emini = esz0 / big contract =spz0

1177.00-1177.50
1180.00-1180.50
1185.50-1186.50


December 2010 SP futures support
symbols: emini = esz0 / big contract =spz0

1174.00
1172.50-1172.00
1167.50-1167.00
1159.25-1158.50


December 2010 Nasdaq futures resistance
symbols: emini = nqz0 / big contract = ndz0

2088.00-2088.75
2091.50-2092.50
2103.50-2104.50


December 2010 Nasdaq futures support
symbols: emini = nqz0 / big contract = ndz0

2082.00
2077.75-2077.00
2066.75-2065.75
2060.50-2059.50


December 2010 Dow futures resistance
symbols: emini = ymz0

11097-11111
11114-11117
11160-11165


December 2010 Dow futures support
symbols: emini = ymz0

11071
11058-11053
11017-11013
10937-10933


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

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

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Webinar Recording: How to Use the VIX to Time the Market

Hi Everybody,

Saturday's Webinar on How to Use the VIX was recorded.

To access the recording, just go to the link below. On that
page you will see a peach colored button that reads,
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http://www.tradestalker.com/free-day-trading-videos.htm

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Enjoy your evening!

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TradeStalker.com

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)

Free $VIX Webinar: Tomorrow, Saturday-July 24th

Important Reminder...

Webinar Tomorrow - Saturday, July 24th 11:00am-12:00pm EST

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To Your Success,

Julie
TradeStalker.com

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)

Webinar: Using the VIX to Time the Market

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registered today because Space is Limited!

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To Your Success,

Julie
TradeStalker.com


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)

Video: Trade Set Ups Working in Other Markets

Hi Everybody,

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http://www.tradestalker.com/EuroStoxxFR

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

To Your Success,

Julie
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)

Trading Video: "Bounce Back/Return to Last Trapped"

"Bounce Back/Return to Last Trapped"

Back a few weeks ago I recorded a good example of one of
my trade set-ups. Here is the link to watch the video below. Enjoy!

http://www.tradestalker.com/1105/

Good Trading,

Mike
TradeStalker.com

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)

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To Your Success,

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TradeStalker.com

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)

E-Mini Support and Resistance Trading Plan

Here's my Trading Plan for Tomorrow, Tuesday, July 6th.

CLICK HERE TO VIEW TRADING PLAN

Good Trading,
Mike Reed
TradeStalker.com

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)

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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)

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TradeStalker's RBI Update 04/21/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 21 / 2010

(Published Since 1996)

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

Dateline: 6:59 pm eastern time, 4/21/2010

We came into the day looking to get short if we had early
strength, and especially if the 1207.50-1208.50 zone on the
ES and the 2037.75-2038.25 on the NQ were reached. The ES
bounced to 1207.50 and the NQ reached 2037.75 and with
direct hits on key resistance the market reversed 30 minutes
into trading. A bounce off of 1202.25 was feeble, and from
1206.00 they broke that 1202 key support and dropped to
1198.25 before noon. The ES bounced back to updated
resistance at 1204.50-1205.00, then dropped again. Bottom
wasn't found until 90 minutes left, but with stocks closing
on an upswing, the futures headed down again into the close.

The technicals continue to get worse, despite a higher close
by all the indexes but the SP500. Also, the price action is
not able to stick. The break of the 1202 level changed the
market's character to bearish on Wednesday. Also, the back
and forth action gave one Vix Sell signal on Wednesday.

The after the close earnings has the market trading lower as
this is typed. The market will be a short on bounces, even
though there should be some rally attempts. We'll see about
that intraday on Thursday. This appears to be the start of
something bigger, and if we don't see signs of capitulation
(like the last one day drop) then it could carry on for more
than just a day or so.

We get the PPI before the open on Thursday, and then
Existing Home Sales 30 minutes into the day. Lately all of
the sell-offs have been reversed, and probably will be again
on Thursday. If there is an early drop, a counter trend
bounce should occur as shorts take profits. Then, the first
decent bounce should set up a better odds shorting
opportunity. It will probably be better to wait for the
first bounce to fizzle out to get short, rather than get too
involved on the long side up here. If there is a bounce back
that stalls/ reverses from around the initial resistance
zones, then that should be sold if the downside is going to
stay intact.

June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1202.50-1203.00
1205.00
1207.50-1208.50


June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1195.00
1194.00-1193.50
1188.50-1188.00
1182.75-1182.00
1178.00-1177.50


June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2029.50-2030.00
2033.75
2037.75-2038.50


June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2019.25
2018.25-2017.50
2007.50-2007.00
1998.50-1997.75
1993.50-1992.50


June 2010 Dow futures resistance
symbols: emini = ymm0

11071-11074
11086
11097-11101


June 2010 Dow futures support
symbols: emini = ymm0

11017
11000-10996
10963-10959
10918-10914
10886-10882

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

Today's Trading Recap: 04/21/10

HOW OUR DAY WENT:

We came in to the day looking to get
short if we had early strength, and especially if the 1207.50-
1208.50 zone on ES and 2037.75-2038.25 on NQ were reached. The
ES bounced to 1207.50 and the NQ reached 2037.75 -- direct hits
on key resistance -- and the market reversed 30 minutes in to
trading. The intraday updates and instant messages gave more
guidance as we tackled a volatile day very well.

CLICK HERE FOR FREE TRADING VIDEOS!

Good Trading,
Mike Reed
TradeStalker.com

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)

TradeStalker's RBI Update 04/20/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 20 / 2010

(Published Since 1996)

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

Dateline: 6:25 pm eastern time, 4/20/2010

The gap up open was sold on Tuesday, then the first pullback
held just over the Monday high of 1196.50. After tagging
1197.00 3 times, the market turned back up about an hour
into the trading day. The rally stopped after a poke over
1204.50 resistance was rejected, but the 1202 level was
quickly reversed and a move up made a double top at
resistance. That gave a small pullback to 1202.00 support,
and the futures closed at their highs while stocks dropped
into the close.

There was a gap left on the daily chart at 1196.50 on
Tuesday. After the close, the futures are higher on Apple's
earnings and another gap up will occur if the market opens
higher on Wednesday. Odds of the gap filling on the daily
chart are very good on Wednesday, so if there is early
strength it should offer a nice shorting opportunity as soon
as the upside stalls out (especially if that's from the
1207.50-1208.50 area). That should happen within the first
40 minutes at the latest.

Then, as long as a pullback holds the 1202.00-1201.50 area,
the upside should remain intact. If shorting early strength
plays out, and a pullback turns up from near the 1202.00-
1201.50 area (or higher) around 90 minutes into the day,
then it could be a low and start a good rally. However, if
that 1202.00-1201.50 area is broken, then the market
character is changing and it should have a hard time
recovering so the bounces would turn into shorting
opportunities.


June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1207.50-1208.50 **key early
1210.50-1212.00
1217.50-1218.00

June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1202.00-1201.50 **must hold
1197.00-1196.50
1194.00-1193.50

June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2037.75-2038.25 **key early
2040.50-2041.50
2048.75-2049.50

June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2019.50-2018.75 **must hold
2008.00-2007.00
2000.25-1999.50

June 2010 Dow futures resistance
symbols: emini = ymm0

11090-11094 **key early
11128-11134
11162-11168

June 2010 Dow futures support
symbols: emini = ymm0

11058-11055 **must hold
11027-11023
11000-10996

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

Today's Trading Recap: 04/20/10

HOW OUR DAY WENT:

The gap up open was sold, then the first
pullback held just over the Monday high of 1196.50. After
tagging 1197.00 3 times, the market turned back up. The rally
stopped after a poke over 1204.50 resistance was rejected,
but the 1202 level was quickly reversed and a move up made a
double top at resistance. That gave a small pullback to
1202.00 support, and the futures closed at their highs while
stocks dropped into the close.

CLICK HERE FOR FREE TRADING VIDEOS!

Good Trading,
Mike Reed
TradeStalker.com


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)

TradeStalker's RBI Update 04/19/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 19 / 2010

(Published Since 1996)

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


Dateline: 6:24 pm eastern time, 4/19/2010

A lower open was bought on Monday, and a bounce back to the
1193.00-1193.50 resistance zone on the ES and 2016.00-
2016.50 resistance zone on the NQ occurred. The move stalled
out, and when the 1189.50-1189.00 zone on the ES was broken
the downside gathered momentum as they fell to 1179.75 by
noon. A bounce to the updated resistance at 1185.00-1185.50
stalled, then a dip to 1181.00 was quickly reversed. With a
"rising W" pattern on the charts, the upside got in gear.
After breaking through the 1185.00-1185.50 zone, the ES
dipped to 1185.75 and then headed back up and rallied into
the close.

The panic selloff from Friday carried over on Monday, but
due to the technical condition noted last night, the market
was able to rally back starting in the afternoon and closed
the day at its highs. Once again, however, the market closed
higher while there was more declining stocks than advancing
stocks. That has been going on for some time, and is not
good for the intermediate term.

On Tuesday, look for early strength to set up a shorting
opportunity if the ES reverses from near the 1199.50-1200.50
zone in the first 30 minutes or so. If that plays out, then
beware that as long as a pullback holds above the 1190.50-
1190.00 area on the ES, the market will not be in trouble
yet and should be able to bounce back. It will take a break
back under that zone to turn the trends back down for now.
If it's tested and quickly reversed, then no damage is done.
If the 1190.25 level is not quickly reversed, then it could
result in another rush to get out.


June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1196.50
1199.50-1200.50 **key, good short
1203.50-1204.50
1209.75-1210.50

June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1190.50-1190.00
1188.00-1187.50
1185.00-1184.50
1181.00
1178.50-1177.50
1171.50-1171.00

June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2016.50
2021.50-2022.50 **key, good short
2028.25-2029.00
2037.00-2037.75

June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2004.75-2004.00
1996.50-1996.00
1992.75-1992.00
1986.25
1983.50-1982.50

June 2010 Dow futures resistance
symbols: emini = ymm0

11047
11058-11062 **key, good short
11097-11101
11132-11134

June 2010 Dow futures support
symbols: emini = ymm0

11017-11013
10998-10994
10974-10971
10943
10923-10919

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

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 04/18/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 18 / 2010

(Published Since 1996)

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


Dateline: 5:27 pm eastern time, 4/18/2010


We came in to Friday expecting a decent sized drop,
potentially to the 1192.50-1191.50 zone. The ES had a gap
down open, and that was bought and the ES bounced to 1206.00
and stalled/ reversed. That was at the updated resistance
and then the ES dropped to 1200.00 and bounced back. A
double top at 1206 resistance gave us the drop to the
1192.50-1191.50 zone before any kind of bounce occurred. We
stayed with the short side, and the ES dropped to 1184.50
before reversing with a bit of gusto. After getting to
1193.50, the ES pulled back and then reversed from just
under the 1188.50 support, but made a double top at 1193.50
before the close.

The volatility surely picked up on Friday. The breakdown
appears to be the start of something more on the downside.
The only fly in the ointment is that, just 1 day off of a
new high for the year, there were signs of panic selling
that normally shows up near lows. The Vix closed up 15% on
Friday, after having been about 23% higher intraday. Also,
the closing Trin was at 3.15.

This should set up some two-sided action on Monday. The
intraday chart pattern looks vulnerable, and the daily and
weekly charts don't look good either. If the market can
bounce back a bit and test the highs, then a lot of bearish
divergences will be even more pronounced than they were
coming in to Friday. At this juncture, the odds of that
happening do not look good.

On Monday we get the Leading Indicators at 10am. If the
market pops up and tests the initial resistance (or pokes
over and reverses) it should set up a good shorting
opportunity for a drop of about 10 ES points off of whatever
the early high is. On the down side, the initial support
looks like it must hold or the Friday lows will be tested/
broken before an attempt to turn back up.


June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1193.00-1193.50
1199.50-1200.50
1199.50-1200.50
1209.75-1210.50

June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1188.50-1188.00
1182.75-1182.00
1178.00-1177.50
1171.50-1171.00

June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2016.00-2016.50
2024.50-2025.50
2032.25-2033.00
2037.00-2037.75

June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2007.50-2007.00
1998.50-1997.75
1993.50-1992.50

June 2010 Dow futures resistance
symbols: emini = ymm0

11004-11008
11048-11052
11097-11101
11132-11134

June 2010 Dow futures support
symbols: emini = ymm0

10963-10959
10918-10914
10886-10882

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

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

Today's Trading Recap: 04/16/10

HOW OUR DAY WENT:

We came in to Friday expecting a decent
sized drop, potentially to the 1192.50-1191.50 zone. The ES
had a gap down open, and that was bought and the ES bounced
to 1206.00 and stalled/ reversed. The ES dropped to 1200.00
and bounced back, but double top at 1206 resistance gave us
a re-entry just before the Goldman news and the ES dropped
13.50 points to the 1192.50-1191.50 zone before any kind of
bounce occurred. Members were told to stay with the short
side, and the ES dropped 13 points from 1197.75 to 1184.50
before reversing with a bit of gusto. After getting to 1193.50,
a pullback reversed from just under the 1188.50 support, but
made a double top at 1193.50 before the close. The volatility
picked up, meaning more opportunities ahead.

CLICK HERE FOR FREE TRADING VIDEOS!

Good Trading,
Mike Reed
TradeStalker.com


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)

TradeStalker's RBI Update 04/15/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 15 / 2010

(Published Since 1996)

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


Dateline: 6:44 pm eastern time, 4/15/2010

Early weakness was bought on Thursday and the ES rallied to
the 1210.50 resistance level. The move stalled out there,
then broke down and dropped 6 points to 1204.50. That was a
bit over the 1203.50 support, and the market bounced back to
test its highs. With the ES making a double top at the
1210.50 resistance while the NQ did the same at its 2036.50-
2037.50 resistance, another drop followed and then the
market firmed into the close.

The market is acting a bit toppy, and despite closing at new
highs for the year the breadth on the NYSE was negative.
Sentiment is getting frothy. The 10 day put/call ratio for
index options reached .45, the lowest level in more than 18
months. The Vix did not make a lower low despite closing
higher on Thursday. At the least, it looks like volatility
should pick up.

The market has been able to bounce after every pullback/
selloff lately. However, the 1210.50 level on the ES and
2037.75 level on the NQ were rejected twice on Thursday. I'm
sure that late longs would like to see that price again to
get whole, and those looking to short see that as a good
resistance to sell against. IF those are exceeded, and then
held on a pullback, it could cause a last gasp rally towards
the 1229-1233 zone. That appears to be a long shot at this
time.

If the market bounces early on Friday, it should set up a
very good shorting opportunity if the initial resistance at
the 1209.75-1210.50 zone on the ES and/or 2037.00-2037.75
zone on the NQ is tested and the move stalls out. If that
plays out, then a pullback needs to near the 1192.50-1191.50
zone on the ES. If that zone is broken, then odds that a top
of some sort being in place goes up, and the bounces will
not stick. If the market drops back to that area, but holds
and turns back up, then another decent rally should follow.
On the top side, if the initial resistance is broken and
held, then it could cause a final melt-up towards the 1229-
1233 zone.


June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1209.75-1210.50
1212.00-1212.50
1217.50-1218.00

June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1206.50-1205.50
1200.50-1199.50
1096.00-1195.50
1192.50-1191.50

June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2037.00-2037.75
2040.75-2041.50
2046.75-2048.00

June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2030.50-2029.50
2024.50-2024.00
2016.00-2015.00
2006.00-2005.25

June 2010 Dow futures resistance
symbols: emini = ymm0

11099-11104
11122-11125
11174-11178

June 2010 Dow futures support
symbols: emini = ymm0

11072-11068
11012-11009
10982-10978
10955-10951

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

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 04/14/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 14 / 2010

(Published Since 1996)

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


Dateline: 6:54 pm eastern time, 4/14/2010

The ES gapped up on the open on Wednesday, and then after 20
minutes of trading the reversal occurred. It lead to a 4.50
point drop to 1196.00, and the 1195.50-1196.25 initial
resistance zone then turned into support as the ES turned
back up. That was the start of a grind higher and the ES
made it to the top side of the 1202.50-1204.00 zone before
pulling back. The The 1201.50-1200.50 area was good support
and it held on the drop, then the market rallied again to
close at new highs for the year.

The market has closed up 8 out of the last 9 days and just
keeps pushing higher. At this juncture, there looks like
about 1-2% of upside potential but much more on the
downside. The upside has been relentless, and the sentiment
is way too bullish at this point. The next decent sized move
should come on the downside, but if it's just another day or
two of selloff and the ES doesn't break the 1192.50-1191.50
zone, then no damage done and the rally could have another
leg up. However, if this move reverses from under 1208 and
breaks that 1192.50-1191.50 zone, then things will be
changing.

On Thursday, if the market opens slightly higher and
reverses from around the 1207.50-1208.50 zone on the ES,
then a decent drop should occur. If that plays out, but the
pullback holds near the 1203.50 level and turns back up,
then the rally continues. If that support is not held then
the test of the 1200.50-1199.50 zone would need to be
quickly reversed, otherwise the downside could gather steam.
The market should not get that far if it remains in good
shape. If the downside does happen to gather momentum, then
beware that the 1192.50-1191.50 zone should be rock solid
support and should be bought if tested and held.


June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1207.50-1208.50
1210.50
1212.00-1212.50

June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1203.50
1200.50-1199.50
1096.00-1195.50
1192.50-1191.50

June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2026.75-2028.00
2031.50
2036.50-2037.50

June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2020.25
2016.00-2015.00
2010.00-2009.25
2001.00-1999.50

June 2010 Dow futures resistance
symbols: emini = ymm0

11072-11078
11098
11122-11125

June 2010 Dow futures support
symbols: emini = ymm0

11048
11012-11009
10982-10978
10955-10951

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

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 04/13/10

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

TradeStalker's

R.B.I. Trader's Update

4 / 13 / 2010

(Published Since 1996)

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


Dateline: 7:10 pm eastern time, 4/13/2010

The ES opened lower, bounced to 1192.50 about 25 minutes
into trading then stalled out. That strength was sold and
the ES rolled over and fell 7.50 points to the 1185.00-
1184.50 support zone. The 1188.00-1188.50 zone was broken
and then it held on a pullback, and it was a stair-step
higher to test the Monday high at 1195.75. A 123 pattern was
made and the ES dropped to 1192.50 new support at the close.

After the close earnings reports has the market trading
higher as this is written. If that carries over into
Wednesday morning, it should set up a decent short in the
first 20-40 minutes. It would be an "easier" short if the ES
reverses from near the 1198.50-1199.50 zone on the ES. If
that plays out, then look for the 1192.50-1191.50 zone for
pivotal support. A turn back up from that area will keep the
rally alive. A break and hold under that area would start a
transition to the downside.

NOTE: I will be away until early afternoon on Wednesday. The
first intraday update will be sent when I return.


June 2010 SP futures resistance
symbols: emini = esm0 / big contract =spm0

1195.50-1196.25
1198.50-1199.50
1202.00-1204.00

June 2010 SP futures support
symbols: emini = esm0 / big contract =spm0

1192.50-1191.50
1188.50-1188.00
1185.00-1184.50 **key


June 2010 Nasdaq futures resistance
symbols: emini = nqm0 / big contract = ndm0

2010.50-2011.00
2014.75-2016.00
2019.75-2020.50

June 2010 Nasdaq futures support
symbols: emini = nqm0 / big contract = ndm0

2001.00-1999.50
1991.00-1990.00
1985.25-1984.25 **key


June 2010 Dow futures resistance
symbols: emini = ymm0

10987-10991
11001-11006
11041-11045

June 2010 Dow futures support
symbols: emini = ymm0

10955-10951
10934-10930
10892-10888 **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) 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.
*************************************************