This report was sent to subscribers on 7/1/09 9:55 p.m. Chicago time to be used for trading on 7/2/09. Everything is done by Howard Tyllas, no program or black box.
September S&P
11:20 CDT: My support was 891.00, only 1.75 (7 ticks) from the actual low, and my pivot acted as resistance and was 917.75, 2.00 only (8 ticks) from the actual high.
Ask yourself, how well would I have traded if I had these numbers the night before to trade with?
Online Readers Please Note: Most services use at least 6 supports and 6 resistances for 1 session, what good does that do you, which number do you actually use? I use 1 or 2 support numbers and 1 or 2 resistance numbers. I did not cherry pick this market today, most of the markets I covered today had similar results. My subscribers have been praising me for the accuracy they consistently have shown, which is a confidence builder that leads them to rely on them as a valuable tool in their trading. This is also evident in the 90 to 100% renewal rate of existing customers. Some have been with me for 12 monthly renewals, most for more than 8 months.
Lastly, these are the same numbers I use to trade my CTA program, which earned 6.1% after my payout in the month of June 2009.
For the 12 month period ending March 31, 2009, the "Futures Flight" program is up 33.45%.
Do yourself a favor and subscribe to the same daily numbers I use trading an actual $1 million dollar fund account.
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940.75 FG |
928.25 |
--------------917.75 Pivot |
907.25 |
891.00 |
|
Trend |
5 day chart ......... Up |
Daily chart ......... Sideways |
Weekly chart ........ Down |
Monthly chart ...... Down 884.75 is the 200 DMA |
ATR 18.00 Overbought 80% |
September S&P Chart
"Major support is at the green bracket line at 871.00."Bulls need to dig in and hold ground here". They did, but now entering resistance levels, strong support at the 200 day moving average".
Last 3 weeks forming a minor head and shoulders formation, with the neckline being 926. Close above extends the rally to test 940.75 gap.
Comments for 7/2/09 Sept. S&P
In my daily numbers Wednesday my resistance was 2.00 from the actual high; my pivot acted as support and was 3.25 from the actual low.
S&P: I can see range bound trade today, and maybe an up day on Monday, but I would not be surprised if next week is a down week.
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