For Monday:
The FOMC meets this week and Unemploymnent Situation is on Friday; events you can't miss.
THe emini finally got above 1400 on a late rally friday afternoon. Most of the volume Friday had been concentrated at the low 1390's. The last hour of the market had seen accelerating volume at 1398. Buys the dips if we can start Monday off by rallying through the 1400 area low volume. If we can make it past that area we'll start a climb up to 1420.
From the TradeMaven Software, Volume Weighted Pivot, Support and Resistance for 28 April:
Upcoming Reports:
Tuesday
FOMC Meeting Begins
ICSC-UBS Store Sales 7:45 ET
Redbook 8:55 ET
Consumer Confidence 10:00 ET
Wednesday
ADP Employment Report 8:15 ET
GDP (advance)8:30 ET
NAPM-Chicago 9:45 ET
FOMC Announcement 2:15 ET
Thursday
Motor Vehicle Sales
Personal Income and Outlays 8:30 ET
Jobless Claims 8:30 ET
ISM Mfg Index 10:00 ET
Construction Spending 10:00 ET
EIA Natural Gas Report 10:30 ET
Money Supply 4:30 ET
Friday
Employment Situation 8:30 ET
Factory Orders 10:00 ET
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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.
