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:
What is Inside Edge?
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.
