Market Alerts

Trading From Main Street's Market Alerts:

Market Alerts are triggers given primarily by Toni that key you into important upcoming or current events in the market. They may be support or resistance levels, an upcoming correction to the market trend or a pattern forming in the market.

The following shows a market alert in the context of an dicussion on an upcoming reversal:

If used correctly, they can be powerful triggers for trading opportunities or aids to assist you in exiting a position. Only the main support and resistance levels, patterns, or larger trend actions are alerted with market alerts. Follow-up will typically come after the alert to help you in identifying the reasons behind the alert and assist in utilizing it. If members ever have questions regarding any alert, they are encouraged to ask them.

The following is a sample day from June 24, 2003 showing market alerts in action. As you can see, only the pivotal levels and patterns were mentioned. We don't like to play guessing games with the market. It's our money on the line!

Market Alerts Sample

COMPLETE LIST OF MARKET ALERTS FOR JUNE 24, 2003

1) 09:39:38 *Market Alert*: 10:00 consumer confidence coming up
2) 09:45:47 *Market Alert*: market showing some resistance in here
3) 10:04:25 *Market Alert*: 15 min 200 sma resistance in the indices all sessions closing in
4) 10:19:37 *Market Alert*: NASDAQ hitting premarket lows support here
5) 10:21:35 *Market Alert*: ES 15 min 20 sma hitting intraday as support
6) 10:36:57 *Market Alert*: avalanche type pattern forming on the 5 min
7) 10:38:02 *Market Alert*: next support is the day's lows in the SP500
8) 11:04:25 *Market Alert*: 2 min bear flag in the indices (this pattern was discussed as a final indicator to start looking for a correction, not as a pattern to short)
9) 11:04:32 *Market Alert*: setting up here
10) 11:05:08 *Market Alert*: watch for reversal patterns off this flag
11) 11:18:57 *Market Alert*: getting that reversal coming in here (solid reversal patterns followed, setting up over lunch)
12) 11:27:08 *Market Alert*: 5 min 20 sma resistance in the ES hitting
13) 12:28:44 *Market Alert*: 1200 price resistance here on this mid-day correction with the 15 min 20 sma all sessions NQ
14) 12:49:50 *Market Alert*: 5 min 200 sma NQ coming up .. resistance 1202.3 (all sessions)
15) 13:14:43 *Market Alert*: 5 min 20 sma will be next market support
16) 14:04:48 *Market Alert*: look for a correction in here gang (trade alert from Brandon followed)
17) 14:25:09 *Market Alert*: 5 min 20 sma support
18) 14:25:28 *Market Alert*: larger time frame is still for more correction from the highs
19) 14:47:18 *Market Alert*: ES 15 min 20 sma support all sessions here
20) 14:53:46 *Market Alert*: getting a bit of a correction off the 15 min support in here
21) 15:13:12 *Market Alert*: 5 min 20 sma resistance here NQ/$compx
22) 15:30:52 *Market Alert*: price resistance at SP highs from mid-day here
23) 15:46:49 *Market Alert*: price support at prior lows here with 2 min 200 sma ES

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