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Obviously, the downgrade news event of Portugal & Greece tanked the market. Lots of programmed trading also kicking in gear. Statistically, I've had very few, and I mean very few days in which I will see the market sell 15 pts below my low target. The only exception was the crash. We had...

Skewing based on opens not bad at this moment and my internal strength numbe is also in an appropriate range, above -40%, which I realize doesn't mean anything to you right now, as I've never explained it, but it's an ok number. Right now the low of the overnight should hold, but I'm still...

I'm attaching today's pic file for the most probable price points. If it doesn't show, I'll attempt posting it again immediately; sometimes it doesn't download on my first try. Only the lower cash S&P targets posted last night are currently viable: 1214.17 1209.53 1204.89 That bottom...

Once again, I don't see the attachment on my last post, so I'll try again.

I've attached a pic of my valuation study. The point of this is that we're getting into an overvalued situation. That does NOT mean that price action necessarily has to go lower from here. It has, however, historically shown prices, if moving higher, to go at a slower pace. If a market is...

InAndOut...I'm logging on to my webinar right now. If you're available, log in to your nextdaypricing account and hit the Trading link in the left hand toolbar and under that go to the Price Targets Webinar link which will bring up a GoToWebinar window. Just fill in the appropriate text boxes...

I have a separate study which gives me an overall valuation level of the market as a whole. We've crept up just above 1 standard deviation, so there is the potential for the beginning of a nearby (this week) moderate correction. For now, I've attached the prior pic, expaded a little to see it...

Comments about Friday and today: Prior to Friday's open I stated which were the relevant prices, which you see on the chart. And, as you can see, my two nearby prices were not ony hit, they, as I've stated in previous threads, once they're reached, can become their own P/R levels. Also, the next...

Sorry about running late. I was answering a post in another thread. Attached are today's relevant targets. I've already removed the irrelevant levels. Internals are again mediocre, but as previously stated, that's still a positive in this market. Reports at 10 ET so that may have some...

In the post I just made, I didn't see the graphic attached. I'll try again here.

I don't follow other items provided by The Exchange. They are a new company providing marketing for traders. Very good people. In any event, I'm posting over in the Journal under Trading for a Living. I'll answer this post, but I'm responding at this point only on my posts in that forum...

These targets are meant to be good approximations, as oftentimes the market will aggregate around the forecasts within a point or so, sometimes hanging for a good period of time, but mostly hitting and then moving away. As I've mentioned, these price points are completely detached from previous...

I thought it might be a good idea to attach my intraday chart of my price forecasts during the day from time to time. I had a little trouble yesterday attaching a chart, so hopefully the attachment should be at the bottom of this post for your review.

Forgot to give the rest of the down numbers: 1200.77 & 1195.99. My internals are mediocre, which is actually a positive, so I'm not expecting that even the 1200.77 is a challenge. The low number is off my board for today.

We all know how bad news can make the market take a sudden dive, but despite all the events of the past week, including the constant news in Greece, the market keeps following the old adage that it keeps going up until what...until it doesn't. My up numbers today for the cash S&P are 1213.55...

I attached a chart but I don't see either it or an icon leading to it. Tomorrow's cash S&P price levels are: 1223.11 1218.33 1213.55 1205.55 1200.77 1195.99 Today's relevant prices were: 1210.00 1206.93 1199.95 1192.98 Sorry about that. I'll try again.

I've been up since 2 a.m. so hopefully this will not ramble too badly. I've been in the industry for over 30 years as a professional trader and am quasi-retired but will never fully quit. I created a set of algorithms over the decades, one of which calcs tomorrow's most probable prices, both...

Crude is much more erratic, even moreso than currencies. I have an underlying valuation study that, when used in combination with the targets, is pretty effective, but you have to be watching it live, and I'm not prepared to provide that quite yet. I'm negotiating to make that a free site but...

I'll not be posting here after today. I'm switching to the Journal forum under Trading for a Living. I have a website on which I'll be posting the daily numbers, but I've got to make changes on it over the next week so that it's a permanent free site. I've got some discussions that have to...

schizo Normally I'm dealing with the cash S&P so I'll give you what I'm seeing relative to those numbers. My mid upper, what I usually refer to as my "most probable", is 13.68 today, and that was hit during the overnight. Right now the June contract is trading about 3.5 pts below cash...