Sunday, February 24, 2008

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.