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February, 8 2011

Morning Brief by Anthony Crudele


Yesterday we closed below my resistance at 131750 and have spent little time above it. I will be looking for some
sellers to surface today if we cannot sustain trade above 131750. I will be selling rallies looking to trade back down to
131100 or even 130500. We left 2 single ticks yesterday at 130975-130950 so I will wait and not be an aggressive buyer
at my pivot of 131100 until I see some buying come in because they may possibly fill in those single ticks. I put in a chart
today to show those single ticks. The average trading range is 1470 so if the overnight high is not violated at 131975
that would put us at 130500 which is also my support. I will be an aggressive buyer if we reach 130500 today.

S&P Cash Top of Value 131875


E-Mini Daily E-Mini Weekly
Weekly
Bottom of Value 131400
• 133000 • 134325 • 135710
• 132375 • 132400 • 131435 Point of Control 130675
• 131750 • 130475 • 127150 High Volume Bar 131825
• 131100 Pivot • 128550 Pivot • 122860 Pivot
• 120500 • 126625 • 118570 Prior Day’s 131575
Settlement
• 129875 • 124700 • 114284
Average Trading 1470
• 129225 • 122800 • 109996
Range

10 Day Moving Average 129870 Prior Day High 132000


20 Day Moving Average 129157 Prior Day Low 130600
50 Day Moving Average 126185 Weekly High 132000
200 Day Moving Average 114840 Weekly Low 130600

Yearly High 2-7-2011 132000


Yearly Low 1-13-2011 125525
2010 Closing Price 125300
2011 Opening Price 125600
February, 8 2011

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