Sunday, April 20, 2008

Day 5 of the OPEN HOUSE

Monday and Tuesday are the last days of the TradeMaven Inside Edge OPEN HOUSE.

In this Chatroom you will be shown revolutionary new trading software that replicates internal market information, once only available to those standing on the trading floor. This software forms the basis for a new methodology based on the actions of the market's three major components: Volume, price, and time. The Inside Edge methodology integrates each of the component's activity into two screens that yield the market's direction, its edges, and when to enter and exit the trade in real-time! Let us show you how to make trading your business.

Join me in the TradeMaven Chatroom starting at 8:30 am ET
No password is necessary - Click here to enter!

For Monday -
It's all about selling pressure and where it comes in - if there is weak buying as we approach 1403 - the sellers will enter the market driving the price down to to the 1368 area. its all about the volume - and now the volume looks like it's building higher. buy the pull backs on low volume if the trend continues to go higher.

From the TradeMaven Software, Volume Weighted Pivot - Support - Resistance Numbers for 21 April:


Upcoming Reports:
Tuesday
ICSC-UBS Store Sales 7:45 ET
Redbook 8:55 ET
Existing Home Sales 10:00 ET
State Street Investor Confidence Index 10:00 ET

Wednesday:
EIA Petroleum Status Report 10:30 ET

Thursday:
Durable Goods Orders 8:30 ET
Jobless Claims 8:30 ET
Help Wanted Index 10:00 ET
New Home Sales 10:00 ET
EIA Natural Gas Report 10:30 ET

Friday
Consumer Sentiment 10:00 ET