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~~~~~~~~~~~~~

Price has trended higher during the overnight session up
to our target area at 1120.75 - 1122.75 and is moving
sideways. Price could push a bit higher to 1122.75 and
then retrace but we expect a retracement from this level
unless the internals open strongly and retain their
strength. In this case, price could continue higher
right from the opening.

That price is trending higher during the overnight session
suggests manipulation due to the lower participation,
making controlling the market easier. This is not
unprecedented during major political years but leaves us
trading choppy conditions for the most part.

Price may again trade sideways at this level for much of
the day. Retracement targets are at 1115.50 - 1116.50,
1113.50 - 1114.00, and 1109.00 - 1109.50.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
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This is the last week for the Yahoo Groups S&P 500 Pre-opening
Commentary. You can read this online from our blog at
http://www.DaytradersBulletin.com/open

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~~~~~

Price pushed up above yesterday's high during the
overnight session and has now push quickly below
that level. This typically sets up a reversal
day. Usually the reversal occurs at the opening
of the regular trading session but not in this
case.

The retracement targets here are at 1111.00 - 1113.00,
1107.50, 1104.50 and 1101.50 with 1111.00 - 1113.00
being a possible reversal level back up.

We will wait for a setup.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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This is the last week for the Yahoo Groups S&P 500 Pre-opening
Commentary. You can read this online from our blog at
http://www.DaytradersBulletin.com/open

The blog is an Atom feed. If you have blogging software here
is the subscribe url:
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~~~~~

Price has moved essentially sideways during the
overnight session and can move in either direction
from this setup.

On a move above 1112.50 the targets are at 1113.75
- 1114.25 and 1115.50. On a push below 1107.75 the
targets are at 1106.75 and 1105.50. Price could
consolidate between 11108.00 and 1110.50 during the
early price action. Expect a reduced range day today.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
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This is the last week for the Yahoo Groups S&P 500 Pre-opening
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http://www.DaytradersBulletin.com/open

The blog is an Atom feed. If you have blogging software here
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~~~~~

Price action during the overnight session pushed
down to make new lows at 1102.75, achieving our
conservative target. Price subsequently bounced
strongly and has pushed up to the 1107.75 level
and backed off. Price has drifted lower to
support at the 1106.50 level and will likely push
higher.

Additional target higher are at 1107.75, 1109.25
and 1110.75. On a push below 1106.50, the targets
become 1104.75 - 1105.25, 1102.75, 1101.50 and
1099.75.

Price can push in either direction from this setup
and we will likely wait for the opening range to
be established before trading.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
   Real-Time Trade Signals for the S&P 500
      http://www.daytradersbulletin.com
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The overnight session has moved sideways between
1107.00 and 1109.50. This sets up a possible
consolidation zone at those levels. A retracement
to 1110.50 - 1111.50 would likely give us a short
entry at that level for a reversal back to the
lows or targets 1103.00 - 1105.50 where a strong
reaction or reversal could set up.

We will likely wait for the early opening range
to be established before entering.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
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Price action pushed up to our minimum retracement
level overnight at 1113.00 - 1114.75 and then
pushed lower to retest the lows and make slightly
lower lows at 1111.50.

Additional targets lower are at 1110.25, 1108.75
- 1109.25, and 1102.25 - 1104.00.

On a push up the targets are at 1113.25 - 1113.75
and 1115.00. On a push above 1115.00 the big target
is 1117.50 - 1117.75 which is a big focus of many
targets and resistance. This level would likely
reverse price or cause a big reaction.

Expect lower momentum and likely early choppiness.
We will wait for the early range to form before
entering.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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Price action has pushed much lower from yesterday's
close, back to Monday's closing price at 1122. This
structure suggests that an intermediate formation has
nearly been formed, meaning we could see another trip
back up to 1130.50 - 1131.50.

We were expecting a move lower today but it appears
much if not all of the move lower occurred during the
overnight session.

Price made a low just minutes ago at 1122.00. There are
a number of support levels between 1122.00 and 1119.50.
We could have a consolidation day at this area followed
by a push back up or price could reverse sharply back up
from this level. A good retracement level here is
1124.00 - 1124.50 and 1125.00 - 1125.50 where a
short may set up.

There is a possibility of a move down to 1113.00 - 1113.50
but this is unlikely unless the larger symmetry of this
price action is broken, something we would like to see
because of the likely increase in volatility that would
occur. We will wait for the early opening range to be
established because we are expecting some noise here.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

The overnight session has pushed strongly higher, making
1127.00 which is a likely target area. A move back down
here would likely retest the 1120 area lows. If a
consolidation pattern forms (which is most likely)
would push higher testing 1130.50 - 1132.00. The
1129.00 - 1129.50 resistance and target level would
have to be exceeded first.

The high area would then be a short entry. A move higher
still targets 1134.25 - 1134.75 and 1138.50. Much will
depend on whether the internals support this 3.50 point
gap on the opening.

Price remaining above 1126.50 early on will be a positive
for the market. Today is FOMC day with the announcement
coming at 1:15 PM Central. Expect periods of extended
consolidation mid-day.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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Price has pushed down during the overnight session
to retest Friday's lows at 1124.50. A move lower
targets strong support at 1119.00 - 1120.50. The
current lows at 1124.25 also represent strong
support as this is the 62% retracement level of the
push up from 1120.00 level and we could consequently
have a good bounce or reversal at the current
1124.25 level.

Price can go either way. Much will depend on the
early internal indicators. A bounce here would
target 1126.50 - 1127.75 where price should turn
lower. A push higher and the highs would likely
be retested.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com

After a shallow retracement, the overnight
session has pushed to new highs above yesterday's
1127 high. Price has met our initial target
exactly at 1128.25 and has pushed a bit lower.

Our other target up here is 1129.75 and price
could push to this level if we have a strong
opening but we epxect likely continuation lower
initially. There is support at 1126.25 and at
multiple levels below so any selloff will likely
have multiple bounces. We will wait for the early
opening range to be established. Hopefully the
move lower if one develops will not get away from
us.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price has cycled sideways during the overnight
session, making a high at the 1124.00 resistance
level and then moving lower to retest the lows.
Price is having a difficult time moving below
strong support at the 1119.00 - 1120.00 level
and we could consequently have additional
consolidation between 1119 and 1124.

An early move up to 1124 could be a good shorting
area. A move above 1124.00 - 1125.00 will indicate
relative strength in the market. We will wait for
the early opening range to be established before
trading.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

The overnight session pushed up to the 1129.50
level, double topped and has since pushed lower
to support. Price found support at the 1126.00
area which is just above our 1125.50 level and
bounced. There is overhead resistance here at
1127.75 and price may not be able to get above
this level if we are going lower today. Staying
below this level is a negative for the market.

Ideally we would short the 1127.75 level after
price pushed lower but this may be difficult. A
move higher that finds support at 1127.75 would
likely be a buy though the market looks weak
here. Much will be decided by the internals and
how strongly they open.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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The overnight session has pushed sideways below
resistance at 1128.50 and above support at
1126.00. awe will want to short a push below
1126.00 with a tight stop just above that level.
On a move below 1123, the targets become 1121.50 -
  1122.00 and 1119.50 - 1119.75. On a move above
1128.50, the targets are at 1130.25 - 1132.25 and
1134.75.

We could have another trending day today that could
exceed our targets. We will wait for the early
opening range to form before trading unless a low
risk setup presents.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price has pushed up during the overnight session
to exceed Friday's high of 1125.50 by making
1127.00. Price has paused here. Our initial
target for this move up is 1126.75 - 1127.50.

Price may push lower from here as if the high
target was met or could pusy back to this level
after the opening. On a push above 1127.50 the
target becomes1131.00 - 1132.00. Targets for
retracements lower are at 1121.00, 1119.50, and
1118.00. We will wait for the early range to be
established before entering.

Good Trading,
Charles Holt, S&P Trader & Mentor

---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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Price pushed lower during the overnight session
down to the 1115.75 level and has bounced from
there up to yesterday's close. A move up to
1121.50 is a short if price makes it that high.
Price may not be able to push above 1120.50
however which sets up a higher risk trade. This
is setting up now and will likely be executed
before the regular session opening.

We will wait for the early range to be established
before entering if we miss this setup. We are
using a longer-term chart today and will likely
have fewer trades.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price action has moved sideways during the overnight
session at about the center of yesterday's range.
This typically indicates indecision in the market.
Expect the market to remain between 1118.50 and 1122.00
early in the session.

The market is very oversold here long-term and we could
see a move lower today. We will wait for the early
price range to form this morning before trading.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price has pushed up 5 points during the overnight
session and is retesting our resistance level at
1120.00 - 1121.25. Price will react lower here
and retrace or push to new highs.

The targets higher are at 1123.50 - 1124.75 and 1126.00.
On a  retracement the targets become 1116.50 - 1117.50
and 1113.50. Price can move in either direction at the
1120.00 - 1121.25 highs or consolidate.

We will wait for the early range to be established
before trading.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price has formed a consolidation between 1112.75
and 1119.00 during the overnight session. The
Employment reports release formed a large spike
bar precisely between the overnight low and
yesterday's high suggesting a breakout range.We
may want to short the recent puch to retest
yesterday's high on a setup. We will likely wait
for the early trading range to be established
before trading.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price cycled at the 1107.50 resistance level
during the night session. Price can push in
either direction here. We will wait for a setup.
A move above 1109.75 will target the 1113.25 -
1114.75 level where we will want to get short for
a longer term hold. We will wait for the early
range to be established before entering.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

The overnight session has pushed sideways and has
only slightly exceeded our conservative target at
1105. A push higher will take price to the next
target at 1008.00. Price can push in either
direction from here...we will wait for the early
range to be established.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price action cycled sideways during the overnight
session and has pushed slightly higher later in
the session. We have several targets for this
retracement higher: expect to see 1101.50,
1102.25 - 1102.50 or 1103.25 - 1103.75 as the
retracement level.

This is a broad band and extends even a bit higher.
There are resistance elements at each of these
levels as well so locating this retracement level
may be difficult unless price reached the 1103.75
- 1104.75 level which is a likely shorting area.

We will wait for the early range to be established
and may take a long on a setup if at a low enough level.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

The overnight session has pushed down to 1104.25
and has bounced a bit and retraced. This could be
the beginning of a move to retest the highs or
exceed the highs. Our targets higher are at
1111.25 - 1111.75 and 1115.25 - 1114.50. The
higher values are the likely turning area and a
low risk short entry area.

Failure at 1106.25 - 1107.25 is also a short entry
on a setup. Targets lower are at 1100.50 - 1102.00
and 1095.50 - 1096.00.

We will wait for the early range to be established
before trading unless a low risk setup presents.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price as cycled sideways at yesterday's highs in
about a 2 point range during the overnight session.
Price can move in either direction from this
consolidation. Caution is urged here because of the
fast moves higher and lower. We will wait for a setup.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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Price action consolidated overnight at the highs
and is likely forming a triangle that could
become a rectangular consolidation. Expect a
continuation of this consolidation this morning.

We will want to trade the first reaction after a
breakout. Patience is called for with this type
of setup. The recent pattern has been for price
to consolidate after a trending day such as
yesterday. We could consequently have a
relatively narrow 5 to 7 point range today.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price has pushed up to retest the highs of yesterday.
Resistance here is at 1100.25 to 1103.25. All of our
internal measures are at an extreme as well as our
momentum and overbought indicators.

We expected for price to open substantially down this
morning. This push back to yesterday's highs is likely
a gift. We want to short at a low risk level and hold
the short longer-term today. We may be forced to use a
larger than usual stop of 2.00 to 2.25 points.

Good Trading
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

The overnight price action has pushed to slightly
higher highs of 1101.50 and backed off. We could
see a push up to the 1102.25 - 1103.25 area which
is a focus of many targets and resistance. Price
action could go imto consolidation here or chop
higher to our target area. The consolidation
could form between 1098.00 and 1100.50.

Volume is of little help here as the late increase
in volume during the overnight session is heavy in
both price directions. Expect choppy price action
early unless we have a selloff.

We will likely wait until the early range is established
before trading.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price action has pushed down to 1078 during the
overnight session and bounced, setting up a low
risk short entry on a push up to the 1081.00 -
1081.50 level. We want to short this area for a
likely move to 1077.00 - 1078.00, 1073.50 -
1074.50 or 1070.25 - 1070.75.

Should price push up above 1081.50 the targets
become 1082.50 - 1083.50 and 1086.50 - 1087.00.
If price does not retrace to the 1081 level,
entry will be more difficult to determine...we
must wait for our trade.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com

The overnight session pushed down to our support
level at 1075.50 and pushed higher to new highs
and has stalled at our resistance level at 1084
and retraced a bit. A move above 1084 targets
1088.00 - 1089.50. Retracement here will target
1080.00 - 1080.75, 1078.75, and 1074.75 -
1075.50. We could have an early consolidation at
these highs...we must wait.

Good Trading,
Charles Holt, S&P Trader & Mentor
---------------------------------------

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
     http://www.daytradersmentor.com

Price remains within our consolidation at 1060 to
1068. Price has pushed up during the overnight
session to 1067.25 and has dropped a bit. We
could see an early attempt to push higher.
Caution is urged here because of the noisy nature
of this consolidation. Symmetry suggests a push
higher early this morning. Reversal targets
higher are at 1068.25 - 1069.25 and 1073.75.

Good trading,
Charles Holt, S&P Trader & Mentor

D A Y T R A D E R ' S   B U L L E T I N
  Real-Time Trade Signals for the S&P 500
     http://www.daytradersbulletin.com
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