The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too – buying strength and selling weakness. Before you place your next trade, be sure to consult the Trend Trader.

The Trend Trader for FuturesNeal Weintraub: Pivot Point analysis is merely a tool and should be used with other technical indicators. It can be used to enter a trade, or exit a trade and when combined with average true range is a powerful money management tool. Once you enter a trade, you are no longer a trader, you are a risk manager and should monitor your trades on a weekly or daily basis depending on volatility. When you enter a trade assume you are wrong and let the market prove you are right. This will diminish the hubris and arrogance that is common to many traders. Please use these Pivot Points as a guide to better trading.

dot_clear.gif

The Trend Trader for Futures
dot_clear.gifFor Trading On Thursday, October 22, 2009

Presented by the Pattern Trapper – www.PatternTrapper.com – 952-892-5550
dot_clear.gifTrend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here! 
dot_clear.gif

INDICES Close Change 3×1 7×5 Minor
Trend
Major
Trend
Trend Reading
 dot_clear.gifS&P 500 – Dec ESZ9 1078.00 − 11.50 1087.36 1079.42 ArwDwn.gif ArwDwn.gif Bearish
 dot_clear.gifDow Jones – Dec YMZ9 9901 − 99 9977 9897 ArwDwn.gif ArwUp.gif Neutral
 dot_clear.gifNasdaq – Dec NQZ9 1753.25 − 5.00 1753.67 1734.17 ArwDwn.gif ArwUp.gif Neutral
 dot_clear.gifRussell – Dec TFZ9 602.50 − 11.30 613.00 613.77 ArwDwn.gif ArwDwn.gif Bearish
INTEREST RATES
 dot_clear.gifUS T-Bond – Dec ZBZ9 119-25 − 0-27 120-02 119-25 ArwDwn.gif ArwDwn.gif Bearish
 dot_clear.gifUS T-Note – Dec TYZ9 118-01 − 0-20 118-09 118-09 ArwDwn.gif ArwDwn.gif Bearish
CURRENCIES
 dot_clear.gifUS Dollar Index – Dec DXZ9 75.110 − 0.620 75.538 76.007 ArwDwn.gif ArwDwn.gif Bearish
 dot_clear.gifAustralian Dollar – Dec ADZ9 0.9243 + 0.0056 0.9201 0.9090 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifBritish Pound – Dec BPZ9 1.6598 + 0.0219 1.6426 1.6150 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifCanadian Dollar – Dec CDZ9 0.9583 + 0.0052 0.9609 0.9668 ArwDwn.gif ArwDwn.gif Bearish
 dot_clear.gifEuroFX – Dec ECZ9 1.5013 + 0.0074 1.4945 1.4846 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifJapanese Yen – Dec JYZ9 1.0991 − 0.0034 1.1023 1.1073 ArwDwn.gif ArwDwn.gif Bearish
 dot_clear.gifSwiss Franc – Dec SFZ9 0.9944 + 0.0054 0.9886 0.9792 ArwUp.gif ArwUp.gif Bullish
LIVESTOCK
 dot_clear.gifFeeder Cattle – Nov FCX9 96.225 + 1.025 95.589 94.467 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifLive Cattle – Dec LCZ9 87.075 + 0.925 86.483 85.317 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifLean Hogs – Dec LHZ9 53.675 + 0.800 53.667 53.867 ArwUp.gif ArwDwn.gif Neutral
 dot_clear.gifPork Bellies – Feb PBG0 81.500 + 1.050 81.100 82.433 ArwUp.gif ArwDwn.gif Neutral
GRAINS
 dot_clear.gifCorn – Dec CZ9 398^2 + 13^6 387^6 376^4 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifWheat – Dec WZ9 542^4 + 25^0 523^0 500^6 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifSoybeans – Nov SX9 1008^4 + 26^0 993^2 986^2 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifSoybean Meal – Dec SMZ9 298.7 + 6.2 296.6 299.5 ArwUp.gif ArwDwn.gif Neutral
 dot_clear.gifSoybean Oil – Dec BOZ9 38.56 + 1.09 37.69 36.55 ArwUp.gif ArwUp.gif Bullish
ENERGY
 dot_clear.gifCrude Oil – Dec CLZ9 81.37 + 2.25 79.70 76.91 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifHeating Oil – Nov HOX9 2.1053 + 0.0580 2.0573 1.9766 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifNatural Gas – Nov NGX9 5.100 − 0.061 5.014 4.703 ArwUp.gif ArwUp.gif Bullish
METALS
 dot_clear.gifGold – Dec GCZ9 1064.5 + 5.9 1059.0 1055.7 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifSilver – Dec SIZ9 17.825 + 0.267 17.629 17.602 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifCopper – Dec HGZ9 3.0360 + 0.1040 2.9521 2.8290 ArwUp.gif ArwUp.gif Bullish
FOODS & FIBER
 dot_clear.gifOrange Juice – Nov OJX9 117.00 + 0.50 116.27 114.03 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifSugar – Mar SBH0 24.04 + 0.45 23.99 23.16 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifCocoa – Dec CCZ9 3384 + 51 3327 3203 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifCoffee – Dec KCZ9 144.30 + 2.50 142.82 139.82 ArwUp.gif ArwUp.gif Bullish
 dot_clear.gifCotton – Dec CTZ9 68.38 + 1.15 67.45 66.91 ArwUp.gif ArwUp.gif Bullish

Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in trading futures, forex. ETFs, and stocks. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results. All materials are copyright © 2009 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.