This report was sent to subscribers on 1/19/10 6:00 p.m. Chicago time to be used for trading on 1/20/10. Everything is done by Howard Tyllas, no program or black box.
March S&P
After the close on 1/20/10: My pivot acted as resistance and was 1148.00, just 1.75 from the actual high, and my support was 1122.00, 3.25 from the actual low.
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|
1158.50 |
-------------1148.00 Pivot |
1137.50 |
1122.00 Long term uptrend line |
|
Trend |
5 day chart ......... Down |
Daily chart ......... Up |
Weekly chart ........ Sideways |
Monthly chart ...... Sideways 994.80 the 200 DMA |
ATR 12.40 Overbought 85% |

I continue to say "Bullish chart with bracket line (red), and uptrend line (green) is key support near 1107". Recent highs are pivotal.
You need not waste time to have confidence in these lines. As you can see with up and downtrend lines, you connect the lows to make uptrend lines, connect the highs to get the downtrend lines.
March S&P for 1/20/10:
In my daily numbers on Tuesday; my resistance was 1.00 from the actual high, my support was 4.25 from the actual low.
Who needs fundamentals when you have numbers like these?
S&P: Helpful numbers. I think we can get the buy stops just above 1150 and sell off from there.
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Howard Tyllas
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Disclaimer: No guarantee of any kind is implied or possible where projections of future conditions are attempted. Futures trading involve risk. In no event should the content of this be construed as an express or implied promise, guarantee or implication by or from Howard Tyllas, that you will profit or that losses can or will be limited in any manner whatsoever. No such promises, guarantees or implications are given. Past results are no indication of future performance.









