morning brief 8-6

7/31/2019 Morning Brief 8-6

1/13

Morning Brief

8.6.12

www.eminiexecutors.com (312) 356-3810

Written by Anthony Crudele

13

23.0023.0023.00

Top of Value

(TOV)

1390.00

Bottom of Value

(BOV)

1381.00

TPO Point of

Control (POC)

1361.75

High Volume Bar

(HVB)

1388.00

Prior Days

Settlement (Gap)

1389.00

Average Trading

Range

16.94

10 Day Moving Average 1367.00 Prior Day High 1390.50

20 Day Moving Average 1358.50 Prior Day Low 1360.00

50 Day Moving Average 1340.05 Weekly High 1393.25

200 Day Moving Average 1321.94 Weekly Low 1387.25

150 Day Smooth Moving Average 1305.20

E-Mini Daily

1427.25

1410.00

1392.50

1375.25 Pivot

1357.75

1340.50

1323.00

E-Mini Weekly

1511.50

1458.75

1405.75

1352.75 Pivot

1300.00

1247.00

1194.25

S&P CashWeekly

1518.84

1464.59

1410.34

1356.09 Pivot

1301.85

1248.34

1193.50

Bulls in complete controlOver the past several weeks we have seen the bulls and bears battling it out for control of this market. As

of Friday the bulls have taken complete control. The Indices are now ALL back above their 50 day moving averages and the VIX sits

on their recent lowsbullish action. The Transports have been lagging the rest of the Indices, but after Fridays rally they closed

above their 50 day moving average. They are still below their 200 day moving average at 5,093 so that is still a hurdle for them to

get through, but as long as they remain above their 50 day moving average at 5,080 I think that bulls will have enough ammo to push

them through their 200 day. With the bulls now in complete control the question is can they sustain it and can they take us higher

from here? At this point I do not see why notAll of the technicals point up and I think that the bulls next objective will be hunting

for the highs of the year in all of the Indices. Obviously bad news coming from Europe or the Middle East are things that could derai

this rally, but if that doesnt happen then I think that bears remain in hibernation. Today I will be initially looking to see how we

trade around resistance at 1392.50if we are sustaining trade below it I will be biased to the short side looking for us to fill in the

gap at 1389.00 and test Fridays high volume bar at 1388.00 where I will be a scalp buyer. Failure to hold that area I will be biased to

the short side and be looking for us to potentially test the Market profile single ticks below 1383.75-1381.75where I will look to be

a buyer in that area. IF we fail to hold the area of the single ticks I will then be looking for a possible test of support at 1375.25

where I will look to be a buyer (we also have a set of single ticks at 1377.50-1377.00 where I will be a scalp buyer). If we cannot

sustain trade below 1392.50 I will then be biased to the upside and be looking for a possible test of resistance at 1410.00it may be

a slow grind up. Have a great day!
http://www.eminiexecutors.com/


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Morning Brief

8.6.12


Monthly High 1393.25

Monthly Low 1349.25

Yearly High 1419.75

Yearly Low 1259.75

2011 Closing Price 1252.502012 Opening Price 1274.75

E-mini S&P Daily Support and Resistance


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Morning Brief

8.6.12


CHART INFORMATION S&P CASH

Moving Averages; Black (10 day), Blue (20 day), Green (50 day), Pink(200 day),Purple(150 day

smooth avg.). Horizontal Lines; Blue (High of the year), Red (Low of the year), Green (Unchanged for

the year, Light Blue (Highs/Lows of importance).

S&P cash


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Morning Brief

8.6.12


CHART INFORMATION E-MINI S&P



the year, Turquoise (Globex gaps), Light Blue (Highs/Lows of importance).

E-mini S&P


5/13

Morning Brief

8.6.12


On August 3rd

we left single ticks from 1383.75-1381.75 and 1377.50-1377.00.


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Morning Brief

8.6.12


On August 3rd

we left single ticks from 1366.75-1366.00.


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Morning Brief

8.6.12


On July 26th

we left single ticks from 1346.25-1345.00, 1343.25-1342.00, and 1338.00-1336.75.


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Morning Brief

8.6.12


On a daily market profile we left single ticks from 1144.50 1141.50.


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CHART INFORMATION DOW INDUSTRIALS




Dow Industrials


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Morning Brief

8.6.12


CHART INFORMATION DOW TRANSPORTS




Dow Transports


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Morning Brief

8.6.12


CHART INFORMATION E-MINI NASDAQ




E-mini NASDAQ


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Morning Brief

8.6.12


CHART INFORMATION VIX




VIX


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Morning Brief

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morning brief 8-6

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