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DATA Morning Call
Empowering active trading and investment through proper technical analysis.
DATA Morning Call is a subscription based daily service that is entirely focused on futures trading in the e-mini S&P 500 contract Morning Call reveals exactly where we will be buying or shorting and exactly where we will be booking profits. By focusing on learning how to contain or mitigate risk and at the same time increase probability of outcome it is possible to trade with a higher percentage of reward. This can be learned and it is the mission of the Direct Access Trading Academy to teach you to be a low risk/high return trader that specializes in one particular product and masters that product before trading any additional product. Click on education to learn more.
A proficient trader with a cash account may be able to average a 1% profit per week or better. Properly margined futures accounts may experience even greater returns. All this with the added safety of trading an index! To learn more join us in the DATA chat room by clicking on real-time chat or call us any time at 941-364-3600.
Trade with Knowledge! -Burr Jennings
* Please read the disclaimer at the bottom of this page!
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Tuesday - Friday Morning Calls suspended this week while moving to a new website.
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Monday, April 21st No Significant Economic Announcements Today *Check this weeks economic calendar by clicking on: www.econoday.com
*Chart above represents the Fib Grid and Pivot (short red line) from YESTERDAY'S market The Fib Grid and Pivot Points below represent TODAY'S session
S&P 500: As suggested in Fridays DATA Morning Call, Wednesday and Thursdays strength continued with a strong gap up at the open that ultimately rallied through the February high before relaxing in to the close. Today it is likely that strength continues as long as trading with support above the confluence of the upper .214 and S1 at 1382.50 with 1398.25 as an ultimate profit target. Above 1398.25 and further ascent is likely to be a struggle and in-fact a good shorting opportunity as the S&P is overcooked at the current level. A gap up at the open is also a short opportunity as long as trading with resistance below the open with Fridays low of 1385.00 as a minimum profit target and a gap fill to Thursdays close at 1372.25 as an ultimate target. Trade with Knowledge! Burr Jennings ______________________________________________________________________ D i s c l a i m e r It should not be assumed that the methods, techniques, or indicators presented in DATA Morning Call will be profitable or that they will not or cannot result in losses. Past results are not necessarily indicative of future results. DATA Morning Call is not a solicitation for the purchase or sale of securities, options or futures and is offered as an educational resource only.
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