The Trend Trader For Futures Trading on Friday, January 29, 2010 Thursday, January 28, 2010 by Bob Hunt of The Pattern Trapper

The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before you place your next trade, be sure to consult the Trend Trader.

The Trend Trader for Futures For Trading On Friday, January 29, 2010 Presented by the Pattern Trapper - PatternTrapper.com - 952-892-5550 Trend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here!  INDICES Close % Change 3x1 7x5 Minor Trend Major Trend Trend Reading S&P 500 - Mar ESH0 1079.20 − 1.40 1088.13 1108.08 Bearish Dow Jones - Mar YMH0 10062 − 1.30 10135 10316 Bearish Nasdaq - Mar NQH0 1770.50 − 2.13 1795.86 1827.67 Bearish Russell - Mar TFH0 605.50 − 1.85 611.49 625.60 Bearish INTEREST RATES US T-Bond - Mar ZBH0 118-05 − 0.16 118-13 118-07 Bearish US T-Note - Mar TYH0 117-23 + 0.04 117-25 117-20 Neutral CURRENCIES US Dollar Index - Mar DXH0 79.100 + 0.29 78.805 78.173 Bullish Australian Dollar - Mar ADH0 0.8909 − 0.03 0.8939 0.9040 Bearish British Pound - Mar BPH0 1.6128 − 0.23 1.6167 1.6213 Bearish Canadian Dollar - Mar CDH0 0.9378 − 0.21 0.9404 0.9548 Bearish EuroFX - Mar ECH0 1.3970 − 0.36 1.4038 1.4191 Bearish Japanese Yen - Mar JYH0 1.1121 + 0.01 1.1130 1.1055 Neutral Swiss Franc - Mar SFH0 0.9505 − 0.19 0.9540 0.9640 Bearish LIVESTOCK Feeder Cattle - Mar FCH0 98.525 + 0.05 98.633 99.400 Bearish Live Cattle - Apr LCJ0 89.200 + 0.25 89.256 90.642 Bearish Lean Hogs - Apr LHJ0 69.400 + 0.65 68.994 72.625 Neutral Pork Bellies - Feb PBG0 81.400 − 0.37 81.889 87.667 Bearish GRAINS Corn - Mar CH0 361^6 + 0.98 361^2 367^0 Neutral Wheat - Mar WH0 487^0 + 0.67 489^4 496^0 Bearish Soybeans - Mar SH0 931^6 + 0.30 935^4 955^4 Bearish Soybean Meal - Mar SMH0 281.6 + 0.11 282.9 288.4 Bearish Soybean Oil - Mar BOH0 36.15 − 0.47 36.37 36.84 Bearish ENERGY Crude Oil - Mar CLH0 73.64 − 0.04 74.04 76.01 Bearish Heating Oil - Mar HOH0 1.9290 + 0.12 1.9414 1.9866 Bearish Natural Gas - Mar NGH0 5.138 − 1.65 5.309 5.662 Bearish METALS Gold - Feb GCG0 1083.6 − 0.08 1089.9 1104.4 Bearish Silver - Mar SIH0 16.212 − 1.39 16.587 17.564 Bearish Copper - Mar HGH0 3.0980 − 3.86 3.2476 3.3613 Bearish FOODS & FIBER Orange Juice - Mar OJH0 143.30 − 1.95 144.15 136.22 Neutral Sugar - Mar SBH0 29.00 + 2.26 29.03 28.82 Neutral Cocoa - Mar CCH0 3260 − 0.24 3295 3422 Bearish Coffee - Mar KCH0 132.95 − 0.45 135.58 139.72 Bearish Cotton - Mar CTH0 69.14 − 0.13 69.55 71.41 Bearish

Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in trading futures, forex. ETFs, and stocks. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results. All materials are copyright © 2010 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.

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About the author

Bob Hunt is the creator of the Pattern Trapper On-Line Trading Course and the Pattern Trapper ADVANCED Short term Trading Strategies index mentoring program as well as the editor of the daily Pattern Trapper Futures Trading Newsletter. Bob has been an active independent trader since 1982. He began offering market analysis and trading advice to the public in 1999 with the inception of The Pattern Trapper.

Bob specializes in helping traders make sense out of market action by offering a perspective that makes them much more easily understood. The path to learning successful trading techniques starts with an understanding of price behavior. To begin to understand price behavior you must first learn how to create structure out of inherently un-structured market environments. The whole focus of the Pattern Trapper approach is to show traders how to create that structure - to teach them how to create "templates" for interpreting market behavior and spotting opportunity.

Bob is registered with the National Futures Association as a Commodity Trading Advisor.