EminiForecaster Blog and Update History

Accurate Stock Market Forecasts for the Emini SP and other Futures

Archive for January, 2011

Sunday Forecast

The official EminiForecaster forecast for the trading week ending February
4th is now posted.

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

There are no changes to the forecast. We expect the market to decline into
the Wednesday February 2nd area and then rise from there. Be cautious
however as we had a very large range day on Friday and it makes sense we
will see some retracement and or testing of Friday's low.  It is my
recommendation that you be tight on risk in the first couple days and look
to catch the up move coming off the mid week lows we are seeing in the
cycle.

We still expect resistance in the 1300 area and a near term low in the
1265-1268 area. If issues overseas appear to be worsening, we could see
lower action that could take us into the 1257 area.

As always, manage risk prudently.

Wishing you the very best,

Rob, Vadim & Staff

Thursday Forecast

The official EminiForecaster forecast for the trading week ending February
4th 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 into
the Wednesday February 2nd area and then rise from there.

As previously forecasted, it appears our cycling is back on track and we
are experiencing excellent forecasting at this time.

We did see the market testing near the 1300 area which continues to be a
key area of resistance. Keep an eye on this area going forward.

For tomorrow we are seeing support in the 1287 to 1290 area.

As always, manage risk prudently.

More on Sunday.

Wishing you the very best,

Rob, Vadim & Staff

Sunday Forecast

The official EminiForecaster forecast for the trading week ending January
28th is now posted.

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

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

As previously mentioned, the holidays can make it difficult to discern
cycles with the days off and low volume. It appears as though our
forecasting has gotten back on track from the holidays, so we should expect
some improved forecasting going forward.

We did see the market testing near the 1300 area before this descent. 1300
to 1312 should continue to be a resistance area in the near term. Support
is expected in the 1270 area.

As always, manage risk prudently.

Wishing you the very best,

Rob, Vadim & Staff

EMF Official Forecast

The official EminiForecaster forecast for the trading week ending January 21st is now posted.

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

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

We are nearing some expected near term highs and expect resistance in the 1300 area on the Emini S&Ps.

If in fact next week market is going to crack we expect increased volatility and larger range on the way down.

We have been quietly working on an intraday forecasting model and it is looking promising, right now the forecast requires a lot of interpretation by us in conjunction with what the market is doing. We are working on a tradable model that you can take and trade with it profitably most of the time. We will keep you updated. There are many opportunities on a weekly time frame as well as intraday. We excited about this project and it has been over a year in the works.

As always, manage risk prudently, next week we might see more trending and
range expansion than this current week as was mentioned before.

Wishing you the very best,

EMF Staff

Thursday Forecast

The tentative EminiForecaster forecast for the trading week ending January
21st is now posted.

http://eminiforecaster.com/members/membersblog/forecaster.php (click "next
week")

We expect the market to decline next week most of the week.

Current forecast is clearly not working out this week while the market
keeps making new highs.

If in fact next week market is going to crack we expect increased
volatility and larger range on the way down.

We have been quietly working on an intraday forecasting model and it is
looking promising, right now the forecast requires a lot of interpretation
by us in conjunction with what the market is doing. We are working on a
tradable model that you can take and trade with it profitably most of the
time. We will keep you updated. There are many opportunities on a weekly
time frame as well as intraday. We excited about this project and it has
been over a year in the works.

As always, manage risk prudently, next week we might see more trending and
range expansion than this current week as was mentioned before.

Wishing you the very best,

Rob, Vadim & Staff

EMF Tentative Forecast

The official EminiForecaster forecast for the trading week ending January 14th is now posted.

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

We expect the market to continue downward into the January 14th area as of this time.

We are seeing what we believe is portfolio adjustments this week so the market has been a bit choppy- Some of the quick downside we saw intraday today may be indicative of some more selling to come. Many are puzzled at how the market simply continues up day after day, week after week etc.
Goldman reported they did not have a single losing day in the last month in their proprietary trading.  It is nice to have complete control and information over the market you are trading.  JP Morgan only won on about 93% of the trading days.

The volume has gotten back to normal after the slow trading in December.

Key support and resistance areas we see for tomorrow are 1258 to 1260 area as well as the 1273 area.

More on Sunday.

Wishing you the very best,

EMF Staff