February, 15 2011

Morning Brief by Anthony Crudele

The S&P has almost officially doubled since the March lows in 2009. What does this mean to traders? As far
as I am concerned, it means nothing. It just shows the true strength of this rally. I am bearish today because
we failed at resistance two days in a row at 1330.75. I believe that we should fill in the single ticks below
from 1320.25 to 1319.25 before we go higher again. We have some numbers today that could move this
market so I will be patient and trying to sell rallies leaning on 1330.75. If trade holds above 1330.75 we could
easily rally up to 1341.25.

S&P Cash Top of Value 132925

E-Mini Daily E-Mini Weekly
Weekly
Bottom of Value 132600
• 135000 • 136525 • 134750
• 134125 • 134125 • 133544 Point of Control 132850
• 133075 • 131775 • 132670 High Volume Bar 132725
• 132050 Pivot • 129425 Pivot • 131144Pivot
• 131025 • 127075 • 129943 Prior Day’s 132775
Settlement
• 129975 • 124725 • 128744
Average Trading 1040
• 128950 • 122375 • 127550
Range

10 Day Moving Average 131670 Prior Day High 133125

20 Day Moving Average 130130 Prior Day Low 132450
50 Day Moving Average 127387 Weekly High 133125
200 Day Moving Average 115325 Weekly Low 132450

Yearly High 2-14-2011 133125

Yearly Low 1-13-2011 125525
2010 Closing Price 125300
2011 Opening Price 125600
February, 15 2011

Source: CQG Inc. 2011 All rights reserved worldwide.