So the Fed cut rates by 25 basis points today - time will tell if this will boost our economy - still more news due out this week:
Jobless Claims and Personal Income will be released 7:30 am followed by ISM Manufacturing Index at 9am (these time are Central) - these reports plus Unemployment Friday will keep the markets moving and give us a look at how the markets will trend for the last two months of the year.
Market Profile Training Tomorrow in the Inside Edge Room at 3:30 pm Central - I'll go over everything from using the Profile to how I come up with my pivot levels - don't miss it -
http://www.trademaven.omnovia.com/tmaven
password: trademaven
Pivot Levels and Support and Resistance for Nov 01, 2007:
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A comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TradeMaven’s Inside Edge features the necessary analytics and execution information in one place to speed up your decision process, keep you on the right side of the market, and eliminate so much of the noise that surrounds trading today. This unique forum is the brainchild of Charles Cochran – a trading pro who has spent the last 15 years fine-tuning a proven methodology that eliminates extraneous information and concentrates on the market activity that matters: the market activity that foretells the market's next move.
