EminiForecaster Blog and Update History

Accurate Stock Market Forecasts for the Emini SP and other Futures

Archive for December, 2009

EMF Offical Forecast

The official EminiForecaster forecast for the trading week ending January 1st is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php.

There are no changes to the forecast. We expect the market to rise all week next week.

This week is also a holiday week so expect the markets to be thin. The holiday
schedule for regular trading hours is the same as this week.

Key levels for next week are 1125 and 1132 to the upside. To thedownside we are seeing the 1114 and 1110 areas as key.

As always, manage risk as a top priority.

Wishing you the very best in this wonderful holiday season!

Rob, Vadim & Staff

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending January 1st is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php. (click Next Week)

We expect the market to rise all week next week.

Next week is a holiday week so expect the markets to be thin. The holiday schedule for regular trading hours is he same as this week.

Key levels for the remainder of the week are 1125 to the upside. To the downside we are seeing the 1114 area as key.

As always, manage risk as a top priority.

Wishing you the very best in this wonderful holiday season!

Rob, Vadim & Staff

Sunday Forecast

The Official EminiForecaster forecast for the trading week ending December
25th 2009 is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php. (click Next
Week)

There are no changes to the forecast. We expect the market to decline all
week next week.

Next week is a holiday week so expect the markets to be thin. The holiday
schedule is as follows:

CME Group Equity Products:
Thursday, Dec 24 -- 1215 CT - Early CME Globex close for trade date
Thursday, Dec 24 Friday, Dec 25 -- CME Globex is closed Sunday, Dec 27 --
1700 CT - Regular CME Globex open for trade date Monday, Dec 28

Key levels next week are 1105 and 1112 to the upside. To the downside we
are seeing 1089 and 1081 as key. We have been in a 40 point trading range
going back over a month and stand in about the middle of that range.

As always, manage risk as a top priority.

This is a very special holiday time of the year for many around the
world.

Wishing you the very best in this wonderful holiday season!

Rob, Vadim & Staff

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending December 25th 2009 is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php. (click Next Week)

We expect the market to decline all week next week.

Next week is a holiday week so expect the markets to be thin. The holiday schedule is as follows:

CME Group Equity Products:
Thursday, Dec 24 — 1215 CT – Early CME Globex close for trade date Thursday, Dec 24 Friday, Dec 25 — CME Globex is closed Sunday, Dec 27 — 1700 CT – Regular CME Globex open for trade date Monday, Dec 28

Option expirations are tomorrow so beware of additional volatility.

For the rest of this week, key areas are 1090 on the downside and 1105 on the upside.

As always, manage risk as a top priority. We will have more on Sunday.

Wishing you the very best,

Rob, Vadim & Staff

Thursday Forecast

The tentative EminiForecaster forecast for the trading week ending December
18th 2009 is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php. (click Next
Week)

We expect the market to continue its ascent into at least Tuesday AM
(December 15th) area. We also have a secondary up cycle which looks to end
on or about the close of (Friday) the 18th. It may be a bit early to tell
which of these cycles we are on at this juncture, so we will revisit this
on Sunday if we need to. For now, we are suggesting the uptrend into next
Friday (per the forecast). Next week is also options expiration so we will
likely see some shifting around the end of the week next week where we are
seeing these two cycles diverge.

Today we have rolled to the March contract officially, but rolling is not
imperative right now, so roll at your leisure in the coming days before the
volume on the December contract fades too much.

We have been in a consolidation mode on The ES contracts for close to a
month now, with a range of about 40 points or so. This period has been
loaded with gaps, range expansions and well timed government reports. Thus,
we are still in a bull consolidation mode, but will be on the alert for
breaks from this area defined by 1115 on the upside and 1073 on the
downside (March contract).

On initial glance, we are seeing option pricing shit to more expensive
puts, if this remains true, we will have to consider that we are in a bull
market, so in the coming days we will also keep an eye on this.

For the rest of the week, key areas are 1080 on the downside and 1114 on
the upside (we are currently at the 1097.75 area).

As always, manage risk as a top priority. We will have more on Sunday.

Wishing you the very best,

Rob, Vadim & Staff

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending December 18th 2009 is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php. (click Next Week)

We expect the market to continue its ascent into at least Tuesday AM (December 15th) area.  We also have a secondary up cycle which looks to end on or about the close of (Friday) the 18th. It may be a bit early to tell which of these cycles we are on at this juncture, so we will revisit this on Sunday if we need to. For now, we are suggesting the uptrend into next Friday (per the forecast).  Next week is also options expiration so we will likely see some shifting around the end of the week next week where we are seeing these two cycles diverge.

Today we have rolled to the March contract officially, but rolling is not imperative right now, so roll at your leisure in the coming days before the volume on the December contract fades too much.

We have been in a consolidation mode on The ES contracts for close to a month now, with a range of about 40 points or so. This period has been loaded with gaps, range expansions and well timed government reports. Thus, we are still in a bull consolidation mode, but will be on the alert for breaks from this area defined by 1115 on the upside and 1073 on the downside (March contract).

On initial glance, we are seeing option pricing shit to more expensive puts, if this remains true, we will have to consider that we are in a bull market, so in the coming days we will also keep an eye on this.

For the rest of the week, key areas are 1080 on the downside and 1114 on the upside (we are currently at the 1097.75 area).

As always, manage risk as a top priority. We will have more on Sunday.

Wishing you the very best,

Rob, Vadim & Staff

EMF Official Forecast

The official EminiForecaster forecast for the trading week ending December 11th 2009 is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php.

There are no changes to the forecast. We expect the market to continue its decline into the Wednesday AM (December 9th) area and to rise from there.

We have seen some covering of recent gaps /lapses on our 10 minute chart, however we have done so fairly violently while engulfing ranges of previous days. Therefore, beware of expanding ranges that increase risk.

Key levels for the coming week are 1119 to the upside and 1085 and 1095 to the downside.  These numbers are stated in terms of the December contract but. the contract will roll to March this week (March is about 4-5 points below December, so the adjustment can be made by simple subtraction_.

As always, manage risk as a top priority.

Wishing you the very best,

Vadim, Rob & Staff

EMF Tentative Forecast

The tentative EminiForecaster forecast for the trading week ending December 11th 2009 is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php. (click Next Week)

We expect the market to continue its decline into the Wednesday AM (December 9th) area and to rise from there.

We began to see a downward range expansion today consistent with our forecast. We have seen considerable tightening of the daily ranges lately as many believe the bear market is behind us.  We believe this is, of course a set-up for some declines of some magnitude and at some point. Gold continues its ascent and the dollar continues struggling against other currencies. Much more could be said for the bearish viewpoint. All this is based on a slightly larger time scale than we typically trade on, but it is always good to know what might be brewing on the next higher time frame to what we trade.

We are seeing a lot of gaps, as previously mentioned and entered one this afternoon on good momentum at or about the 1102 area on the December contract. This set’s up more-or-less a magnet price at the 1093 area. Therefore we expect some downside tomorrow as well.  From there the 1085 area should provide some basic support.  To the upside, we see 1110 as key.

As always, manage risk as a top priority. We will have more on Sunday.

Wishing you the very best,

Vadim, Rob & Staff