This report was sent to subscribers on 3/4/10 5:00 p.m. Chicago time to be used for trading on 3/5/10. Everything is done by Howard Tyllas, no program or black box.
Do yourself a favor and get your numbers after the market is closed to be used for the next session trading. Ask yourself how much would it have been worth to read my comments and get my numbers 14 hours before today's open outcry?
April (Comex) Gold
After the close on 3/5/10: My resistance was 1143.20 FG, just 2.10 from the actual high, and my support was 1125.90, just 1.60 from the actual low.
Results for 3/5/10 were:
Grains: My soybean resistance was $.02 1/4 from the actual high and my support was $.01 3/4 from the low, and my corn resistance was $.00 3/4 from the actual high, and my support was $.01 from the actual low.
Crude Oil: My resistance was 0.37 from the actual high; my support was 0.10 from the actual low.
S&P: My resistance was .50 from the actual high; my support was 5.75 from the actual low.
Gold: My resistance was $2.10 from the actual high; my support was $1.60 from the actual low.
Euro: My resistance was 0.13 from the actual high; my support was 0.33 from the actual low.
Bonds: My resistance was 6 from the actual high; my support was 9 from the actual low.
Nat. Gas: My resistance was .020 from the actual high; my support was .066 from the actual low.
Cattle: My resistance was .27 from the actual high; my support was .05 from the actual low.
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".
Sign up For Free 1 Day Trail of Daily Numbers & Trade Ideas
1148.00 |
1143.30 FG Resistance |
-------------1134.60 Pivot |
1125.90 Support |
1112.10 |
|
Trend |
5 day chart ....... Up from last week same day |
Daily chart ..........Sideways |
Weekly chart ........ Up |
Monthly chart ...... Up $1039.00 is the 200 DMA |
ATR 18.30 Overbought 78% |
Bracket line is pivotal now, uptrend line (green) above the market is resistance near $1160, uptrend line below the market supports near $1108.
April (Comex) Gold for 3/5/10:
Pick your spots and play with a known risk.
This is how you make money, wait for a formation or trend line, if it works you get a good reward, if not, your losses are minimal and you have a clear picture where you are wrong and right.
In my daily numbers on Thursday; my resistance was $1.90 from the actual high my pivot acted as support and was $4.60 from the actual low.
Gold: Spot on resistance and accurate support. Sellers were rewarded Thursday, and I have the same trade ideas for today.
April (Comex) Gold for 3/4/10:
Gold: Spot on numbers! Same thoughts.
April (Comex) Gold for 3/3/10:
Gold: Helpful numbers. Lost the flip. The $1144 bracket line will serve as resistance, after that the bulls target a retest of $1170. I would play it again from the short side with a buy stop at $1145.10 to protect.
April (Comex) Gold for 3/2/10:
Gold: Helpful numbers at best. Market went about 1/2 way to support and resistance looking for direction. I said yesterday to flip a coin, flip it again and I call.... down!
April (Comex) Gold for 3/1/10:
Gold: Spot on resistance, helpful support. Flip a coin. I would sell at resistance levels with a protective buy stop not risking much. I can see the market trading between the all time high price of $1229 basis April (made on 12/3/09), and the low of the run this year at $1044.50 (made on 2/5/10) for the remainder of this year.
April (Comex) Gold for 2/26/10:
Gold: Spot on numbers! Chart has been bearish since the all time high was made. I want to sell rallies.
April (Comex) Gold for 2/25/10:
Gold: Spot on numbers! I had a bearish bias and that proved to work out. I have more of a negative bias now and the bears will take control with a close below the downtrend line.
April (Comex) Gold for 2/24/10:
Gold: Accurate numbers. I want to trade using the numbers and have a slightly negative bias.
Want to know what I think for tomorrow?
The 9 markets now covered daily are Soybeans, Corn, Crude oil, S&P, Euro FX, 30 yr TBond, Gold, and Natural Gas and 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
HowardTyllas Daily Numbers & Trade Ideas $ 199.00
HowardTyllas A Weekly Newsletter $479.00 Yearly
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.
