Leap Year

For Friday,

Volume over Thursday continues to develop lower and lower in the eMini S&P - a pop up to 1363 area on low volume looks like a great opportunity to sell. When the market trades more at lower prices, take the hint - sell the rallies.

Upcoming Reports:
Friday:
Personal Income and Outlays 7:30 CT
NAPM-Chicago 8:45 CT
Consumer Sentiment 9:00 CT

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Fri, 29 Feb:

For Thursday

I will be holding TradeMaven Software Training Thursday at 4:30 ET/3:30 Central.

Come and join us at 4:30 ET at www.trademaven.omnovia.com/tmaven -
no password will be needed at that time.

For Thursday,
We might be getting a bit of a reversalin the eMini S&P - market volume is collecting lower since it returned to the 1375 area Wednesday afternoon. If we break lower sell rallies - if not look for the market to challenge Wednesday highs.


Upcoming Reports:
Thursday:
GDP (preliminary) 7:30 CT
Jobless Claims 7:30 CT
EIA Natural Gas Report 9:30 CT

Friday:
Personal Income and Outlays 7:30 CT
NAPM-Chicago 8:45 CT
Consumer Sentiment 9:00 CT

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Thurs, 28 Feb:

For Wednesday

Wednesday we will continue our training classes with the explanation of the 3-2-1 Method of the TradeMaven Inside Edge at 4:30 ET/3:30 Central.

Come and join us at 4:30 ET at www.trademaven.omnovia.com/tmaven -
no password will be needed at that time.

For Wednesday,
The upward trend continued today in the eMini S&P and volume is still favoring higher prices - a pullback to the 1375 area on low volume will be a good buy point. - the retracement is likely to occur on news - becarefull when trading in front of the reports - New Home Sales is most likely to have a bearish effect - no big surprise there...JK


Upcoming Reports:
Wednesday:
MBA Purchase Applications 6:00 CT
Durable Goods Orders 7:30 CT
New Home Sales 9:00 CT
EIA Petroleum Status Report 9:30 CT

Thursday:
GDP (preliminary) 7:30 CT
Jobless Claims 7:30 CT
EIA Natural Gas Report 9:30 CT

Friday:
Personal Income and Outlays 7:30 CT
NAPM-Chicago 8:45 CT
Consumer Sentiment 9:00 CT

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Wed, 27 Feb:

Tuesday is Market Profile Day!

Tuesday we will give an encore of our Market Profile Class at 4:30 ET/3:30 Central.

Come and join us at 4:30 ET at www.trademaven.omnovia.com/tmaven -
no password will be needed at that time.

For Tuesday,
Monday afternoon saw fast buying followed my a market favoring higher prices -
1369.25 was the high of the 20th in the eMini S&P - so if this is going to turn into a bull trend - 1369 is going to be the key buy level -


Upcoming Reports:
Tuesday:
Producer Price Index 7:30 CT
Consumer Confidence 9:00 CT

Wednesday:
MBA Purchase Applications 6:00 CT
Durable Goods Orders 7:30 CT
New Home Sales 9:00 CT
EIA Petroleum Status Report 9:30 CT

Thursday:
GDP (preliminary) 7:30 CT
Jobless Claims 7:30 CT
EIA Natural Gas Report 9:30 CT

Friday:
Personal Income and Outlays 7:30 CT
NAPM-Chicago 8:45 CT
Consumer Sentiment 9:00 CT

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Tuesday, 26 Feb:

A Big Week

TradeMaven will Be holding plenty of training events this week:
Tuesday we will give an encore of our Market Profile Class at 4:30 ET/3:30 Central.

Wednesday we are giving an overview if the TradeMaven Inside Edge Program. I wil also be giving software familiarization training on Thursday.

Come and join us at 4:30 ET each day at www.trademaven.omnovia.com/tmaven -

no password will be needed at that time.

For Monday,
Friday's last minute counter trend rally was not because there was a lot of buying - there were very few market participants - the majority of the market favors lower prices for the eMini S&P - so follow the trend DOWN, sel the rallies against the resistance numbers below.

thanks
Josh

Upcoming Reports:
Monday:
Existing Home Sales 9:00 CT

Tuesday:
Producer Price Index 7:30 CT
Consumer Confidence 9:00 cT

Wednesday:
MBA Purchase Applications 6:00 CT
Durable Goods Orders 7:30 CT
New Home Sales 9:00 CT
EIA Petroleum Status Report 9:30 CT

Thursday:
GDP (preliminary) 7:30 CT
Jobless Claims 7:30 CT
EIA Natural Gas Report 9:30 CT

Friday:
Personal Income and Outlays 7:30 CT
NAPM-Chicago 8:45 CT
Consumer Sentiment 9:00 CT

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Monday, 25 Feb:


Disclaimer: There is a risk of loss in futures and options trading. Past performance is not necessarily indicative of future results. TradeMaven Inside Edge and this information is offered for educational purposes only. Neither TradeMaven Group nor any of its affiliates recommend or endorse specific trades. Trading based on TradeMaven Inside Edge opr this information is conducted at the discretion and risk of the individual trader.

For Friday

Weak economic news has the S&P's accumulating volume at lower prices - so sell a rally to the 1345 area on low volume -


From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Friday, 22 Feb:



Disclaimer: There is a risk of loss in futures and options trading. Past performance is not necessarily indicative of future results. TradeMaven Inside Edge and this information is offered for educational purposes only. Neither TradeMaven Group nor any of its affiliates recommend or endorse specific trades. Trading based on TradeMaven Inside Edge opr this information is conducted at the discretion and risk of the individual trader.

Sweet Home Chicago

TradeMaven will be holding Market Profile training at 4:30 ET/3:30 Central.

Our Inside Edge Moderator Charlie Cochran will be giving this class, So if you have seen my class before you will definately be seeing something new. If you met us at the New York Trader's Expo you won't want to miss it!

Come and join us at 4:30 ET at www.trademaven.omnovia.com/tmaven -
no password will be needed at that time.

For Thursday,
The Traders Expo was a really great time - give me a call for the R-rated Version. :) I am however, glad to be home.

Throughout Wednesday afternoon the volume for the S&P emini was concentrated higher - a market favoring higher prices will tend to move in that direction - buying on a low volume dip to the 1350 area seems like a good trade - Do not take it if the move is accompanied by decent volume. Check out the disclaimer below.

Upcoming Reports:
Thursday:
Export Sales 7:30 CT
Jobless Claims 7:30 CT
Philly Fed 9:00 CT
EIA Gas Storage 9:30 CT


From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Thursday, 20 Feb:

Disclaimer: There is a risk of loss in futures and options trading. Past performance is not necessarily indicative of future results. TradeMaven Inside Edge and this information is offered for educational purposes only. Neither TradeMaven Group nor any of its affiliates recommend or endorse specific trades. Trading based on TradeMaven Inside Edge opr this information is conducted at the discretion and risk of the individual trader.

At the Trade Show

I will be at the Traders Expo in New York starting tomorrow.

The Numbers will return for Wednesday Feb 20th.

Thanks
Josh

For Thursday

For Thursday


Upcoming Reports:
Thursday:
International Trade 8:30 ET
Jobless Claims 8:30 ET
EIA Natural Gas Report 10:30 ET

Friday:
Empire State Mfg Survey 8:30 ET
Import and Export Prices 8:30 ET
Treasury International Capital 9:00 ET
Industrial Production 9:15 ET
Consumer Sentiment (p) 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Thursday, 14 Feb

For Wednesday

Retail sales are expected to come in lower than expected tomorrow which will not be friendly toward the eMini S&P. After reaching it's high today the market returned to the 1345 area that started the rally.

The market may lose some ground early tomorrow, but the market profile still has volume skewed to the upside. Lets see if the market support will hold at 1342.

thanks
Josh


Upcoming Reports:
Wednesday:
MBA Purchase Applications 7:00 ET
Retail Sales 8:30 ET
EIA Petroleum Status Report 10:30 ET

Thursday:
International Trade 8:30 ET
Jobless Claims 8:30 ET
EIA Natural Gas Report 10:30 ET

Friday:
Empire State Mfg Survey 8:30 ET
Import and Export Prices 8:30 ET
Treasury International Capital 9:00 ET
Industrial Production 9:15 ET
Consumer Sentiment (p) 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Wednesday, 13 Feb 2007:

Open House Last Day

Tuesday is the LAST day of the TradeMaven Inside Edge Chat Room OPEN HOUSE, and the first day of class for the new students.

TradeMaven Inside Edge is a comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures.

Click on this link to join the room: www.trademaven.omnovia.com/tmaven. - No password is needed.

TradeMaven 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.

Get Educated, Get Connected, Get Experience... ...Take the Trade!


Upcoming Reports:
Tuesday:
ICSC-UBS Store Sales 7:45 ET
Redbook 8:55 ET
Treasury Budget 2:00 ET
Bank Reserve Settlement
Bank Reserve Settlement

Wednesday:
MBA Purchase Applications 7:00 ET
Retail Sales 8:30 ET
EIA Petroleum Status Report 10:30 ET

Thursday:
International Trade 8:30 ET
Jobless Claims 8:30 ET
EIA Natural Gas Report 10:30 ET

Friday:
Empire State Mfg Survey 8:30 ET
Import and Export Prices 8:30 ET
Treasury International Capital 9:00 ET
Industrial Production 9:15 ET
Consumer Sentiment (p) 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Tuesday, 12 Feb 2007:

Open House Day 5

Our Free Trial week of the TradeMaven Inside Edge Program continues Monday Morning!

TradeMaven Inside Edge is a comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures.

Click on this link to join the room: www.trademaven.omnovia.com/tmaven.

TradeMaven 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.

Get Educated, Get Connected, Get Experience... ...Take the Trade!

Posted by Charles Cochran:

Treasury Bond - Shows you the power of a dealer community that is underwater and long cash Bonds. Thursday’s hard sell off reversed Friday after finding buyers OVN. The buying developed when there was no follow through selling in the OVN session. A quiet sideways eMini S&P market made it easier for the Dealers to cover some of Thursday’s shorts further supporting Bonds. After lunch 118-28+, the auction point was touched too. The market can trade through 119-00 easily w/some help from the news. May have just retested the bottom of the bracket yesterday and it held. No news to drive Monday’s trading. Market shoud take its clues from the weekend news.

F1 Comments: Market recovered quickly after Thursday’s sell off. Was the bottom of the bracket just tested and held? Is a retest of 120-00 next? Should get our answers next week. Market’s bias remains a trading range/bracket.

F2 Comments: Talk about treacherous markets. Thursday’s market was off 3 points and Friday’s up about 2 points from Thursday’s lows. If 119-00 can change from resistance to support on Monday, it will be easy to retest 120-00. The answer will be based on which side of 119-00 the market builds volume next week. No news to drive Monday’s trading. Expect the ES’s reaction to the weekend news to be the feature and drive the Bond’s early direction. If ES is lower, we want to buy the 118-17/21 area. If the ES is higher, OK to sell 118-27/31. Sunday’s OVN session should help clear up which direction we trade from on Monday.

F3 Comments: Analysis was to be a seller above 118-03. IF 117-20 held as support, OK to turn buyer.

Upcoming Reports:

Tuesday:

ICSC-UBS Store Sales 7:45 ET
Redbook 8:55 ET
Treasury Budget 2:00 ET
Bank Reserve Settlement
Bank Reserve Settlement

Wednesday:
MBA Purchase Applications 7:00 ET
Retail Sales 8:30 ET
EIA Petroleum Status Report 10:30 ET

Thursday:
International Trade 8:30 ET
Jobless Claims 8:30 ET
EIA Natural Gas Report 10:30 ET

Friday:
Empire State Mfg Survey 8:30 ET
 Import and Export Prices 8:30 ET
Treasury International Capital 9:00 ET
Industrial Production 9:15 ET
Consumer Sentiment (p) 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Monday, 11 Feb 2007:

Open House Day 4

Day 4 of the TradeMaven Inside Edge begins Friday, Feb 8th at 7am Central.

Click on this link to join the room: www.trademaven.omnovia.com/tmaven.

no password is needed.

The following is a sample of the daily research provided by TradeMaven Inside Edge mentor Charles Cochran:

What a day…Bonds are boring…not lately. Lots of opportunity, but commensurate risk too. Pays to be on right side..pays to have risk buttoned up too. Got the auction scenario and levels for sell right today. Covered our shorts way too early. Such is life. Met business plan easily and as for other…would rather not talk about it. The 30 Y auction was weak and we could see it as we moved into the auction window. No lift, no buying. And just at auction time the Fed’s Dallas Governor, Fisher said that inflation was the concern and that the Fed shouldn’t cut rates again. That double punch too the Bond to 117-01 before its close at 117-18. Those that missed the sell today, should be looking for a place to hit the bids tonight.

F1 Comments: The market’s bias has changed to downtrend from trading range. The Bond moves in 3-5 points. Think the market will find sellers on rallies.

F2 Comments: The analysis was to be a seller into the 20Y auction at 119-27/31. The day’s high was 119-30. Recommended covering at 119-13/17. No comments please. The idea that it was easier to attract buyers of the auction through lower prices held true. And the fact that they weren’t attracting buyers set the stage for a hedge at auction time. The hedge was established and the market hit 117-01 before the selling was over. Think we will have a shot at a short one time tomorrow. If 117-01 holds, then EOW short covering is likely. See two sell zones at 117/27 OB and then 118-03 OB. If 117-01/06 holds, will cover. If 117-01/06 does hold, OK to play from the long side in anticipation of EOW short covering.

F4 Comments: Analysis was to sell 119-27 OB. Multiple selling opportunities throughout the session.

Upcoming Reports:
Friday:
Wholesale Trade 10:00 ET

Open House Day 3

Day 3 of the TradeMaven Inside Edge begins Thursday, Feb 7th at 7am Central.

Click on this link to join the room: www.trademaven.omnovia.com/tmaven.

no password is needed.

The following is a sample of the daily research provided by TradeMaven Inside Edge mentor Charles Cochran:

Today’s market traded about as expected. The idea was to get short at 120-08/12 and 119-31 OB. Both levels were hit giving our clients a chance to sell the edge of the market. The Productivity new was higher than forecast as it usually is when the job market is contracting. The Treasury auction dynamics favored a lower market too and that is what happened. Our #2 and #3 support points did slow and then stop the selling at 119-07. One of those days when everything TIE touched worked. Tomorrow’s news is limited. Think the focus will be the 30Y auction tomorrow. That favors one more dip lower and if the dealers play their script one more time a recovery into auction time.


F1 Comments: Market did stop at the current bracket, 120-00+. It also found buyers below 119-08 today, which stopped the market in the top half of the bracket. Easy to trade higher and move into a higher trading range. Easy to break 119-00 and trade back to the bottom of the bracket at 118-00-. Color me “cornfused”. Market’s bias remains a bracket.



F2 Comments: Market has been a sale since rejection at 120-16/20. The market did move to 119-08 before recovering to close off the day’s low at 119-16. Can make a case for either side of the market early in tomorrow’s session. For the bears a Fed Governor’s late comments today about inflation puts in question the Fed’s willingness to cut rates further. For the bulls the Fed has said that they would cut rates again to make sure the US doesn’t enter a recession caused by the banks. Put this together and you have a trading range for the first part of tomorrow’s session. By the close I think the bulls will win given some help from the ES, which closed weak. W/some help from the ES, buy zone is 119-09/13 for now. Sell zone remains 119-27/31.



F3 Comments: Analysis was to sell strength. Multiple sell signals throughout the session.










Upcoming Reports:
Thursday
Jobless Claims 8:30 ET
Pending Home Sales Index 10:00 ET
Consumer Credit 3:00 ET

Friday:
Wholesale Trade 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Thurday, Feb 7th:

Open House Day 2

Day 2 of the TradeMaven Inside Edge begins Wednesday, Feb 6th at 7am Central.

Click on this link to join the room: www.trademaven.omnovia.com/tmaven. no password is needed.

The following is a sample of the daily research provided by TradeMaven Inside Edge mentor Charles Cochran:

The Bond even after rejecting prices above 120-16 did finish the day higher than yesterday. The close was not strong. I can make the case that the top of the bracket held, or that the bottom of the P also held, and the market is poised to retest resistance. The day’s news was very bullish w/the steep fall in the ISM Service Index. If it weren’t for the 2nd Qtr Treasury Refundings and the 10 and 30Y auctions, I would make a straight buy call. While I think the market is pointed higher, the auction could delay my anticipated rally. Some news tomorrow, preliminary-Productivity could cause a quick move, but think the auction will quickly take over. The key for our early morning trade is what the ES does overnight.

F1 Comments: Two scenarios for the Bond’s F1 chart. The market is in a bracket and poised to trade higher. Of the top of the bracket held and the Bond will retest 118-00 before the issue is settled. Market’s bias is a trading range.

F2 Comments: The market rallied off the surprisingly weak ISM Services number and did hit 120-20, the LV# on the screen. As per the theory LV#’s are support/resistance and 120-20 stopped the market. The Bond eventually pulled back and hit 119-25, the HV#, as per the theory. Even with a very bullish number, the Bond sold. The ES was weak too. So what could explain the weakness in the Bond. This week’s Quarterly Treasury refunding is the market’s focus. Their usual ploy is to run the market down to bump up the coupon, then reverse in front of the 10 or 30Y auction. We will see. Preliminary Productivity is expected at 1.0%. The OVN session will help. The ES’s direction will also help with the trade in the morning. If the ES is sideways to lower, want to buy early weakness. First area of interest is 119-25 OB. If we open lower than that, my next area of buying interest is 119-17 OB. If the ES is higher, may take a sale at 119-31 OB to get in. Best sell area is 120-08/12, but may not get there.

F3 Comments: Analysis was to be a buyer. After the 2nd failure at 120-16, a sell became a viable trade too.

Upcoming Reports:
Wednesday:
MBA Purchase Applications 7:00 ET
Productivity and Costs 8:30 ET

Thursday
Jobless Claims 8:30 ET
Pending Home Sales Index 10:00 ET
Consumer Credit 3:00 ET

Friday:
Wholesale Trade 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Wednesday, Feb 6th:

Open House

Day 1 of the The TradeMaven Inside Edge Open House; come and stop by!

TradeMaven Inside Edge is a comprehensive education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TIE 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.

Join us Tuesday morning at 7am Central at www.trademaven.omnovia.com/tmaven

For Tuesday:
Despite other news the economy is very wary. There will be a mix of bullish and bearing reports including earnings reports that are going to keep volatility up.
I am still optimistic and bullish - but cautious

Upcoming Reports:
Tuesday:
ISM Non-Mfg Survey
10:00 ET

Wednesday:
MBA Purchase Applications 7:00 ET
Productivity and Costs 8:30 ET

Thursday
Jobless Claims 8:30 ET
Pending Home Sales Index 10:00 ET
Consumer Credit 3:00 ET

Friday:
Wholesale Trade 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Tuesday, Feb 5th:

GooHeyWaitAMinuteoogle

The TradeMaven Inside Edge Chatroom will be having a FREE trial week starting Tuesday, Feb 5 and Ending on the 12th.

TradeMaven Inside Edge is a comprehensive education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TIE 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.

Join us Tuesday morning at 7am Central at www.trademaven.omnovia.com/tmaven

and see a full demonstration of our methodology.

For Monday:
Google is VERY concerned that if Microsoft takes over Yahoo the freedom of the internet will be in peril - so, they are advocating the government regulate Microsoft (again) from creating a monopoly which would certainly be stiff competition for Google. Can you spell IRONIC? Google ads are big business - I am not sure I swallow the "openness and innovation" aruments of Google's lawyer -

But for us it means bloodthirsty speculation and news other than stimulus packages (hehe) and housing credit uncertainty which tends to make speculators no so speculative.

Things are looking up for the S&P's and the volatility and opportunities will be GREAT!

Upcoming Reports:
Monday:
Challenger Job-Cut Report 7:30 ET
Factory Orders 10:00 ET

Tuesday:
ISM Non-Mfg Survey
10:00 ET

Wednesday:
MBA Purchase Applications 7:00 ET
Productivity and Costs 8:30 ET

Thursday
Jobless Claims 8:30 ET
Pending Home Sales Index 10:00 ET
Consumer Credit 3:00 ET

Friday:
Wholesale Trade 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Monday, Feb 4th: