This report was sent to subscribers on 1/28/10 6:00 p.m. Chicago time to be used for trading on 1/29/10. Everything is done by Howard Tyllas, no program or black box.

March Crude Oil

After the close on 1/29/10: My pivot acted as resistance and was 75.26, just 0.44 from the actual high, and my support was 72.45, just 0.02 from the actual low.

Ask yourself, how well would I have traded this market if I had these numbers last night? Subscribe now! See for yourself why the second year of service had quadrupled my subscriber base.

We cannot post every market, if you are interested sign up for free & get "how I use my numbers".

 CLICK HERE:         For Sign up For Free 1 Day Trail of Daily Numbers & Trade Ideas

                                             Or Free Live one on one Farmer Hedging Program Webinar

I said "Crisscross of up and downtrend lines become resistance at $75, with long term uptrend line support coming in near $72". On Wednesday it indeed was perfect resistance, as well as  strong support at long term uptrend line.

Daily Numbers actual results for 1/29/10 were:

Grains: My resistance was $.04 3/4 from the actual high and my support was $.02 3/4 from the low in soybeans, and my resistance was $.01 3/4 from the actual high and my support was $.01 from the low in corn.

Crude Oil: My resistance was 0.44 from the actual high; my support was 0.02 from the actual low.

S&P:  My resistance was 6.00 from the actual high; my support was 4.25 from the actual low.

Gold: My resistance was $4.90 from the actual high; my support was $1.30 from the actual low. 

Euro:  My resistance was 0.04 from the actual high; my support was 0.40 from the actual low.

Bonds: My resistance was the EXACT actual high; my support was 3 from the actual low. 

Natural Gas: My resistance was .027 from the actual high; my support was .034 from the actual low.   

Cattle: My resistance was .07 from the actual high; my support was .22 from the actual low.

March Crude Oil for 1/29/10

I have been saying for months "What the equities market & the $ does from here, will help or hurt crude oil".          

 In my daily numbers on Thursday my pivot acted as resistance and was $0.77 from the actual high; my major support was $0.48 from the actual low.    

Crude Oil: Helpful numbers at best. It got close enough to that uptrend line near $72 to show you the reason I do not want to sell where I am suppose to buy, NEVER! I do not want to buy this market, but that does not mean that YOU cannot. If I am right and the market holds, you make money and you bet on that. Where I want to sell is where you can think about taking a profit, so even if we are on opposite ends of this market, we could both make or lose money depending on how we trade the market. I want to sell near $75 with a buy stop about $75.51 to protect.

March Crude Oil for 1/28/10

Crude Oil: The crisscross was solid resistance on Wednesday and the support line was close enough. I am looking at lower prices going forward but I do not want to sell just above the uptrend line support near $72. I would want to sell at resistance. How you trade it, your time frame, your risk reward, your way of managing risk, makes YOU the trader. When you have numbers and charts like mine to work with, it should improve your entry and exit on that given day you want to do so.

Want to know what I think for tomorrow? 

The 9 markets now covered daily are March soybeans, March corn, February crude oil, March S&P, March Euro FX, March 30 yr TBond, February gold, and February natural Gas and February cattle

My numbers usually are sent at least 12 hours (via your email) in advance of the next day open outcry session. Subscribers use them as best suited to their own needs and sometimes that involves the overnight trade.

Find out why my subscribers from Canada, China, Czech Republic, Germany, India, Lebanon, Switzerland, South Korea and the UK keep renewing this service.

HowardTyllas Daily Numbers & Trade Ideas cover 9 markets for less than $10 a day,

HowardTyllas Daily Numbers & Trade Ideas is designed to help you plan your trading strategies for the coming day.

$199.00 USD for each month, renewable monthly

           May Your Next Trade Be The Best                          

                     Howard Tyllas            

   Tel.1-312-573-2699, 1-312-961-4390

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.