The Trend Trader helps to identify the current trend status of your favorite stocks. 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 StocksNeal 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.

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The Trend Trader for Stocks
dot_clear.gifFor Trading On Tuesday, October 20, 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! 
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   In alphabetical order by symbol Close Change 3×1 7×5 Minor
Trend
Major
Trend
Trend Reading
 AA – Alcoa Inc 14.07 + 0.03 14.16 14.17 ArwDwn.gif ArwDwn.gif Bearish
 AXP – American Express Company 35.74 + 0.79 35.20 34.94 ArwUp.gif ArwUp.gif Bullish
 BA – Boeing Co 53.45 + 0.26 52.53 52.59 ArwUp.gif ArwUp.gif Bullish
 BAC – Bank of America Corporation 17.16 − 0.10 17.55 17.65 ArwDwn.gif ArwDwn.gif Bearish
 CAT – Caterpillar Inc 57.85 + 3.28 55.21 53.81 ArwUp.gif ArwUp.gif Bullish
 CSCO – Cisco Systems 24.25 + 0.23 24.19 24.03 ArwUp.gif ArwUp.gif Bullish
 CVX – Chevron Corporation 77.66 + 0.85 76.73 75.65 ArwUp.gif ArwUp.gif Bullish
 DD – Dupont(E.I.)Denemours 34.62 + 0.52 34.35 33.80 ArwUp.gif ArwUp.gif Bullish
 DIS – Disney (Walt) Co 29.87 + 0.47 29.33 29.09 ArwUp.gif ArwUp.gif Bullish
 GE – General Electric 15.84 − 0.24 16.25 16.27 ArwDwn.gif ArwDwn.gif Bearish
 HD – Home Depot Inc 27.63 + 0.37 27.30 27.37 ArwUp.gif ArwUp.gif Bullish
 HPQ – Hewlett-Packard 48.47 + 0.10 48.11 47.78 ArwUp.gif ArwUp.gif Bullish
 IBM – Intl Business Machines Corp 123.06 + 1.42 124.10 123.83 ArwDwn.gif ArwDwn.gif Bearish
 INTC – Intel Corp 20.41 + 0.23 20.43 20.49 ArwDwn.gif ArwDwn.gif Bearish
 JNJ – Johnson & Johnson 61.16 + 0.70 60.74 61.11 ArwUp.gif ArwUp.gif Bullish
 JPM – JPMorgan Chase & Co 45.98 − 0.08 46.40 46.02 ArwDwn.gif ArwDwn.gif Bearish
 KFT – Kraft Foods’A’ 27.21 + 0.18 26.82 26.72 ArwUp.gif ArwUp.gif Bullish
 KO – Coca-Cola Co 54.79 − 0.22 54.93 54.87 ArwDwn.gif ArwDwn.gif Bearish
 MCD – McDonald’s Corp 59.28 + 0.50 58.59 58.19 ArwUp.gif ArwUp.gif Bullish
 MMM – 3M Co 76.32 + 0.30 76.43 75.82 ArwDwn.gif ArwUp.gif Neutral
 MRK – Merck & Co 33.73 + 0.52 33.28 32.98 ArwUp.gif ArwUp.gif Bullish
 MSFT – Microsoft Corp 26.36 − 0.14 26.42 26.24 ArwDwn.gif ArwUp.gif Neutral
 PFE – Pfizer, Inc 17.98 + 0.21 17.73 17.44 ArwUp.gif ArwUp.gif Bullish
 PG – Procter & Gamble 57.79 + 0.35 57.42 57.55 ArwUp.gif ArwUp.gif Bullish
 T – AT&T Inc 26.00 + 0.30 25.82 25.80 ArwUp.gif ArwUp.gif Bullish
 TRV – The Travelers Companies Inc 48.80 + 0.13 48.56 48.55 ArwUp.gif ArwUp.gif Bullish
 UTX – United Technologies 65.44 + 0.55 64.72 63.67 ArwUp.gif ArwUp.gif Bullish
 VZ – Verizon Communications 28.96 + 0.06 28.99 28.97 ArwDwn.gif ArwDwn.gif Bearish
 WMT – Wal-Mart Stores 51.89 + 0.67 51.17 50.70 ArwUp.gif ArwUp.gif Bullish
 XOM – Exxon Mobil 73.62 + 0.50 72.98 71.97 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.