For Tuesday

Erratic is the word being used to describe trading lately. I would expect that 4th quarter earnings will make the emini S&P's dip even lower. This will have to be balanced with the possibility of another rate cut by the fed - good trading days ahead - I'm still leaning toward the bearish side.

Tuesday afternoon we will begin the TradeMaven Inside Edge trial week. Charlie Cochran will be giving an hour introduction to the Inside Edge methodology. The 3-2-1approach to trading really makes the concepts of market profile easier to understand.

Join us at 3:30 pm Central at www.trademaven.omnovia.com/tmaven, (no password will be necessary after 3pm)

Volume Weighted Pivot Support and Resistance for Tuesday, Jan 8th: