TheStrategyLab.com Price Action Trading Support Forum

Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Business Hours: 8am - 5pm est (Mon - Fri)
questions@thestrategylab.com (24/7)
http://twitter.com/wrbtrader (24/7)


click on the above image to view today's performance verification

Price Action Trade Performance for Today: Emini TF ($TF_F) futures @ $520.00 dollars or +5.20 points, Emini ES ($ES_F) futures @ $0.00 dollars or +00.00 points, Light Crude Oil CL ($CL_F) futures @ $0.00 dollars or +0.00 points, Gold GC ($GC_F) futures @ $0.00 dollars or +0.00 points and EuroFX 6E ($6E_F) futures @ $0.00 dollars or +0.0000 ticks. Total Profit @ $520.00 dollars

Russell 2000 Emini TF Futures: 1 tick or 0.10 = $10.00 dollars and there's more contract information @ The ICE
S&P 500 Emini ES Futures: 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup
Light Crude Oil CL (WTI) Futures: 1 tick or 0.01 = $10.00 dollars and there's more contract information @ CMEGroup
Gold GC Futures: 1 tick or 0.10 = $10.00 dollars and there's more contract information @ CMEGroup
EuroFX 6E Futures: 1 tick or 0.0001 = $12.50 dollars and there's more contract information @ CMEGroup

Trade Log: All of my trades were posted real-time in the timestamp ##TheStrategyLab chat room. You can read today's price action trading information about my trades (e.g. time, price entry, contract size, price exit) as the trade traversed to its completion. Also, sometimes I'll post real-time trading tips involving WRBs, WRB Hidden GAPs, Key Market Events (KME), Tutorial Chapters 2 & 3, WRB Zones, Reaction Highs/Lows, Contracting Volatility or Expanding Volatility. Its all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=136&t=1931


Also, posted below are direct links to information about my price action trade methodology and trading plan (there's a difference between the two) that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body/bar analysis). I'm primarily a day trader because it suits my personal lifestyle but I do occasionally swing trade and position trade. Simply, my trade method is applicable for position trading, swing trading and day trading.

##TheStrategyLab Chat Room is free. Members and I use the chat room to post WRB Analysis commentary, real-time trades and to post anything else related to trading. The chat room helps me tremendously in my own trading because I use it to document (journal) general volatility analysis involving WRB Analysis so that I can easily review at a later date my thoughts as I interacted with the markets...info I can not get from my broker statements. Also, this is not a signal calling chat room where a head trader tells you when to buy or sell and I do not have the time/energy/resources to manage a signal calling chat room. Access instructions for chat room @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Price Action Analysis via WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718

Trade Signal Strategies via Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our price action trade strategies with support (answering your questions) prior to purchasing the Volatility Trading Report (VTR).

Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=250&t=2561

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Market Context Summaries

The below summaries by Bloomberg, CNNMoney, Reuters and Yahoo! Finance helps me to do a quick review of the fundamentals, FED/ECB/BOE/IMF actions or any important global economic events (e.g. Eurozone, MarketWatch.com) that had an impact on today's price action in many trading instruments I monitor during the trading day. Simply, I'm a strong believer that key market events causes key changes in supply/demand and volatility resulting in trade opportunities (swing points and strong continuation price actions) that reach profit targets. Thus, I pay attention to these key market events, intermarket analysis (e.g. Forex EurUsd, EuroFX 6E futures, Gold GC futures, Light Crude Oil (WTI) CL & Brent Oil futures, Eurex DAX futures, Euronext FTSE100 futures, Emini ES futures, Emini TF futures, Treasury ZB futures and U.S. Dollar Index futures) while using WRB Analysis from one trade to the next trade to give me the market context for price action trading before the appearance of my technical analysis trade signals. Therefore, I maintain these archives to allow me to understand what was happening on any given trading day in the past involving key market events to help better understand my trade decisions (day trading, swing trading, position trading)...something I can not get from my broker statements alone. Further, most financial websites remove (delete) their archives after a few years to make room for new content. Therefore, I maintain my own archives of the news content so that I have it available for me when financial websites no longer archives their content.


click on the above image to view today's price action of key markets

4:10 pm: [BRIEFING.COM] The stock market began the new trading week on an unassuming note with the key indices registering modest gains. The S&P 500 added 0.3% while Russell 2000 (+0.5%) outperformed.

Equity indices began the trading near their flat lines after the overnight session did little to change investor sentiment. China's Shanghai Composite stood out, soaring 2.3%, after it was confirmed that the Shanghai-Hong Kong exchange link will begin operating on November 17.

Domestically, the S&P 500 resisted some mild selling efforts during the opening hour, but was able to advance alongside the biotechnology group. The iShares Nasdaq Biotechnology ETF (IBB 295.20, +5.06) gained 1.7% while the health care sector (+1.0%) settled in the lead despite starting among the laggards. Dow component Merck (MRK 58.81, -0.53) lost 0.9% after reporting disappointing trail data, but that had little impact on the sector.

Like health care, the remaining countercyclical groups started in the red, but ended with gains. The consumer staples sector added 0.4% with Dean Foods (DF 16.40, +1.98) surging 13.7% after beating bottom-line estimates and guiding Q4 earnings above consensus.

Elsewhere, the six cyclical sectors ended mixed with respect to the market. Technology (+0.3%) struggled at the start, but was able to end in-line with the S&P 500 amid strength in chipmaker names. The PHLX Semiconductor Index settled higher by 0.8% with just four names registering losses.

Similarly, industrials (+0.5%) and financials (+0.5%) finished ahead of the market while consumer discretionary (-0.1%) and energy (-0.8%) spent the bulk of the session in the red.

The discretionary sector was sent to lows during morning action after President Obama said the Federal Communications Commission should regulate the internet like a utility. The news pressured internet service providers with Charter Communications (CHTR 146.62, -9.75), Comcast (CMCSA 52.95, -2.20), and Time Warner Cable (TWC 136.50, -7.10) losing between 4.0% and 6.2%.

Meanwhile, homebuilders prevented the sector from registering additional losses. The iShares Dow Jones US Home Construction ETF (ITB 24.79, +0.24) rose 1.0% with Toll Brothers (TOL 32.96, +0.74) jumping 2.3% after issuing strong guidance for the fourth quarter.

For its part, the energy sector started in the lead, but slid to the bottom of the leaderboard with crude oil adding pressure. The energy component fell 1.4% to $77.26/bbl. Greenback strength presented a headwind with the Dollar Index (87.81, +0.16) erasing its overnight loss to end higher by 0.2%.

Treasuries retreated throughout the session, sending the 10-yr yield higher by six basis points to 2.36%.

Participation was in-line with long-term averages as 700 million shares changed hands at the NYSE floor.

Investors did not receive any economic data of note and tomorrow's session will also be quiet on the economic front. Also of note, the bond market will be closed for Veterans Day.

Nasdaq Composite +11.4% YTD
S&P 500 +10.3% YTD
Dow Jones Industrial Average +6.3% YTD
Russell 2000 +1.4% YTD

3:35 pm: [BRIEFING.COM]

Oil remains at depressed levels, falling overnight on concerns that OPEC is not in any hurry to cut output. WTI hit its HoD of 79.85 in GLOBEX trading overnight, and then seems to have found a bottom for the session at of 77.31.
In electronic trade, Dec crude oil remains near its LoD
Natural gas gapped higher upon GLOBEX session open on Sunday hitting a high of 4.544 before trending downward. Weakness is due to the developing cold in gas consuming regions due to Typhoon Nuri, rather than a sustained change in weather patterns.
The dollar index continues to sit near its HoD (now +0.2%), which is helping weigh on commodities
Crude oil, natural gas, gold, silver and copper all remain trading near today's lows.
Dec gold lost -0.9% to $1159.30/oz, while Dec silver fell -0.4% to $15.65/oz

3:00 pm: [BRIEFING.COM] The S&P 500 trades higher by 0.3% with one hour remaining in the session. The benchmark index has respected a nine-point range throughout the day while afternoon action has been even more subdued.

Investors will receive nearly 50 quarterly reports after today's closing bell, which will be the last batch of that size for the third quarter. Casino operator Caesars Entertainment (CZR 11.60, -0.50) and technology name, Rackspace (RAX 37.22, -0.21), will headline today's list while homebuilder DR Horton (DHI 23.47, +0.34) will report its results tomorrow morning.

2:30 pm: [BRIEFING.COM] Equity indices continue holding modest gains, but the same cannot be said for the commodity market where copper, gold, oil, and natural gas all hover on their lows. Most notably, crude oil, which trades down 1.5% at $77.47/bbl has been unable to pull away from its morning low with a modest gain in the Dollar Index (87.80, +0.15) adding to the pressure.

As for metals, gold futures are lower by 1.4% at $1153.50/ozt, which has pressured mining stocks. The Market Vectors Gold Miners ETF (GDX 17.45, -1.19) has tumbled 6.3% to erase its sharp gain from Friday.

2:00 pm: [BRIEFING.COM] The S&P 500 (+0.2%) has backed away from its high, but sector standing remains little changed with health care (+0.7%) in the lead.

The countercyclical group lagged at the start of today's session, but was able to rally alongside biotechnology. For its part, the iShares Nasdaq Biotechnology ETF (IBB 293.18, +3.04) has inched away from its best level of the day, but remains higher by 1.1%. Including today's gain, the biotech ETF is now up 7.4% since the end of Q3 versus a 5.5% gain for the health care sector.

On the downside, the energy sector (-0.9%) was up more than 1.0% at the start, but the growth-sensitive group began slipping right after the opening bell.

1:25 pm: [BRIEFING.COM] Another day and another session where the stock market has simply refused to buckle to selling interest. The point gains for the major indices are modest in scope, yet that is little to quibble about given how far they have run from their mid-October lows.

We suspect, though, that there is a nagging sense the stock market is overbought, and due for a period of consolidation, that is holding back stronger buying efforts.

Separately, the Treasury market has caved to selling efforts and is unwinding most of what it gained on Friday following the October employment report. The yield on the 10-yr note dipped below 2.28% around 6:00 a.m. ET today, yet there has been a nearly straight selling line ever since and its yield is now pushing 2.35%.

A relatively weak $26 billion 3-year note auction didn't help matters. It drew a high yield of 0.998% on a 3.18 bid-to-cover ratio that trailed the prior 12-auction average of 3.34x.

1:00 pm: [BRIEFING.COM] At midday, the S&P 500 (+0.2%) holds a modest gain while the Russell 2000 (-0.1%) lags after slipping from its early high.

The first half of the Monday session has been relatively quiet with the benchmark index maintaining a ten-point range. The S&P 500 spent the first hour near its flat line, but rallied alongside the biotech group, and by extension, the health care sector (+0.7%). The iShares Nasdaq Biotechnology ETF (IBB 293.21, +3.07) is higher by 1.1%.

Like health care, the remaining countercyclical sectors trade ahead of the broader market despite starting the session in the red. In the consumer staples sector (+0.3%), Dean Foods (DF 16.45, +2.03) has spiked 14.2% after beating bottom-line estimates and guiding Q4 earnings above consensus.

Meanwhile, the six cyclical groups trade in mixed fashion. The industrial sector (+0.3%) has received significant support from transport stocks. The Dow Jones Transportation Average trades up 1.0% with all but two components holding gains.

Similar to industrials, the technology sector (+0.3%) has been able to stay ahead of the broader market while consumer discretionary (-0.3%) and energy (-0.4%) lag.

Notable losses among internet service providers have masked the outperformance of homebuilders. Comcast (CMCSA 52.83, -2.32) and Time Warner Cable (TWC 136.71, -6.89) hold respective losses of 4.2% and 4.8% after President Obama called for the internet to be regulated like a utility.

As for homebuilders, the iShares Dow Jones US Home Construction ETF (ITB 24.84, +0.29) has added 1.2% after Toll Brothers (TOL 33.28, +1.06) issued upbeat guidance for the fourth quarter.

Lastly, the energy sector was up more than 1.0% at the start, but has retreated alongside crude oil. The energy component is lower by 1.2% at $77.71/bbl.

Treasuries sit on their lows with the 10-yr yield up four basis points at 2.34%.

There was no economic data of note released today.

12:30 pm: [BRIEFING.COM] Recent action saw the S&P 500 (+0.2%) backtrack from its session high while the Russell 2000 (-0.1%) has dipped to a new low for the day.

Although the S&P 500 has backed off its high, the index remains supported by four of the five top-weighted sectors. Technology (+0.3%) trades ahead of the S&P 500 despite showing early weakness while financials (+0.2%), health care (+0.7%), and industrials (+0.4%) also display relative strength.

On the flip side, energy has widened its loss to 0.6% amid a 1.3% decline in the price of crude ($77.67/bbl). Including today's decline, the growth-sensitive sector is now down 3.4% since the end of the third quarter.

11:55 am: [BRIEFING.COM] The S&P 500 (+0.3%) remains just below its high, but the small-cap Russell 2000 (+0.1%) has returned near its session low.

For the time being, the retreat in the Russell has not lured money out of high-beta areas like biotechnology and chipmakers. The iShares Nasdaq Biotechnology ETF (IBB 294.10, +3.96) is higher by 1.4% while the PHLX Semiconductor Index trades up 0.7%. The continued strength in the two areas has the Nasdaq Composite (+0.4%) trading just ahead of the benchmark index.

Elsewhere, Treasuries remain on their lows with the 10-yr yield up four basis points at 2.34%.

11:25 am: [BRIEFING.COM] The key indices remain just below their highs with the Nasdaq Composite (+0.4%) trading ahead of the S&P 500 (+0.2%) thanks to relative strength in biotechnology (IBB +1.6%). Meanwhile, the benchmark index has had to face additional weakness in the two-commodity related sectors that led at the start.

The energy sector began the day with a gain just a shade over 1.0%, but steady selling since the start has the sector trading lower by 0.4% while crude oil has surrendered 0.7% ($78.12/bbl).

On the upside, the top-weighted technology sector (+0.3%) has climbed ahead of the market after showing relative weakness early. Chipmakers have shown strength with the PHLX Semiconductor Index up 0.7%.

11:00 am: [BRIEFING.COM] Equity indices have climbed to new highs after a brief dip into the red.

Countercyclical sectors struggled at the start, but all four defensively-oriented groups trade in the green at this time. Most notably, the heavily-weighted health care sector (+0.6%) has overtaken the remaining nine sectors. Biotechnology has contributed to the strength as evidenced by a 1.7% increase in the iShares Nasdaq Biotechnology ETF (IBB 294.90, +4.75).

Elsewhere, five of six cyclical sectors hold gains with the discretionary space (-0.1%) remaining in the red. Also of note, the energy sector (+0.2%) has continued retreating from its opening high with crude weighing down the sector. The energy component is now lower by 0.2% at $78.47/bbl.

Treasuries have inched down to fresh lows, pushing the 10-yr yield up to 2.33% (+3 bps).

10:35 am: [BRIEFING.COM]

The dollar index rallied off its overnight low in morning trade, which is pressuring commodities
WTI crude oil futures sold off in recent trade, falling as low as $78.13/barrel.
In current activity, Dec crude oil is -0.4% at $78.37/barrel.
Gold, silver and natural gas have slid lower this morning and are all sitting near today's lows.
Dec gold is currently -0.% at $1163.30/oz, Dec silver -0.7% at $15.61/oz, Dec nat gas +0.2% at $4.42/MMBtu

9:55 am: [BRIEFING.COM] The S&P 500 has dipped below its flat line amid a swift drop in the consumer discretionary sector (-0.7%).

The recent retreat can be traced to media and content provider names like Comcast (CMSCA 52.31, -2.84) and Time Warner Cable (TWC 134.09, -9.51). Both companies slumped to lows after President Obama called for the internet to be regulated like a utility.

On the upside, the energy sector continues holding the lead, but the sector has narrowed its advance to 0.8%. Meanwhile, crude oil is higher by 0.3% at $78.91/bbl. Like the sector, the energy component has ticked down from its high with the retreat taking place as the Dollar Index (87.56, -0.08) lifted off its session low.

9:40 am: [BRIEFING.COM] As expected, the major averages began the session on a quiet note. The S&P 500 hovers just above its flat line with five sectors showing opening gains.

All five early advancers represent the cyclical side of the market with energy (+1.1%) holding the lead while materials (+0.3%), consumer discretionary (+0.2%), and financials (+0.1%) have also shown some early strength. Meanwhile, the last cyclical sector-technology (-0.1%)-hovers alongside the four countercyclical sectors.

All four defensively-oriented groups hover in the red with consumer staples (-0.3%) sitting at the bottom of the leaderboard.

Treasuries hold losses with the 10-yr yield up one basis point at 2.31%.

9:15 am: [BRIEFING.COM] S&P futures vs fair value: -0.10. Nasdaq futures vs fair value: +4.20. The stock market is on track for a flat open as futures on the S&P 500 hover within a point of fair value. Index futures made a brief overnight appearance in the red, but were able to recover their losses amid relative strength in Asian equities. Most notably, China's Shanghai Composite surged 2.3% after it was confirmed that the Shanghai-Hong Kong exchange link will begin operating on November 17. Helping matters was the October trade surplus, which expanded to $45.41 billion from $31.00 billion (expected surplus of $42.00 billion) as imports rose 4.6% year-over-year (consensus 5.5%; previous 7.0%) and exports increased 11.6% (expected 10.6%; prior 15.3%).

Elsewhere, major European indices trade in the green, but are off their best levels of the day. In Spain, more than 80.0% voted in favor of Catalan secession, but the referendum had a symbolic tone after the country's Constitutional Court blocked the outcome.

Domestically, investors have received a few quarterly reports with consumer staples component Dean Foods (DF 16.23, +1.81) on track to open higher by 12.6% after beating bottom-line estimates and guiding Q4 earnings above consensus.

Treasuries are modestly lower with the 10-yr yield up one basis point at 2.31%.

8:57 am: [BRIEFING.COM] S&P futures vs fair value: -0.20. Nasdaq futures vs fair value: +4.00. The S&P 500 futures trade in-line with fair value.

Asian markets started the week on a mostly higher note. Equities in China (+2.3%) and Hong Kong (+0.8%) rallied after it was confirmed that the Shanghai-Hong Kong exchange link will begin operating on November 17.

In economic data:
China's trade surplus expanded to $45.41 billion from $31.00 billion (expected surplus of $42.00 billion) as imports rose 4.6% year-over-year (consensus 5.5%; previous 7.0%) and exports increased 11.6% (expected 10.6%; prior 15.3%). Separately, PPI fell 2.2% year-over-year (expected -2.0%; last -1.8%) and CPI was unchanged month-over-month (consensus 0.1%; prior 0.5%) while the year-over-year reading rose 1.6%, as expected
Australia's Home Loans fell 0.7% month-over-month (consensus -0.3%; prior -0.9%)

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Japan's Nikkei lost 0.6% after spending the bulk of the session in a narrow range near its low. Exporters struggled with Pioneer falling 7.5% and Olympus surrendering 1.4%.
Hong Kong's Hang Seng slumped from highs into the close, but still ended higher by 0.8%. Hong Kong Exchanges led with a solid gain of 4.5%. Property names underperformed as China Resources Land and China Overseas Land fell 4.1% and 0.9%, respectively.
China's Shanghai Composite spiked 2.3%, finishing on its high. Growth-sensitive names led with Luizhou Iron & Steel, China State Construction, and Dalian Port surging the limit, 10.0%.
India's Sensex settled just above its flat line. Tobacco name ITC finished in the lead, up 4.5%. Axis Bank and Hindalco Industries lagged, falling 1.8% and 2.6%, respectively.

Major European indices trade mostly higher with Great Britain's FTSE (+0.5%) pacing the advance. Over the weekend, more than 80.0% voted in favor of Catalonia seceding from Spain in a symbolic vote after the country's Constitutional Court blocked the outcome. In other news of note, reports out of Italy suggest 89-year old President Giorgio Napolitano may step down at year's end due to age-related issues.

Economic data was limited:
Eurozone Sentix Investor Confidence ticked up to -11.9 from -13.7 (expected -6.9)
Italy's Industrial Production fell 0.9% month-over-month (consensus 0.2%; prior 0.2%) while the year-over-year reading declined 2.9% (last -0.7%)

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Germany's DAX is higher by 0.2% with Lanxess and K+S in the lead. The two producers of basic materials are both up near 2.2%. Financials lag with Commerzbank down 1.5% and Deutsche Bank lower by 1.2%.
In France, the CAC has added 0.2% amid strength in growth-sensitive names. Cie de St-Gobain, Technip, and Solvay are up between 1.2% and 1.8%. Financials also lag with BNP Paribas, Credit Agricole, and Societe Generale down between 0.8% and 1.6%.
Great Britain's FTSE leads with a gain of 0.5%. Staple stocks outperform with Marks & Spencer Group, Tesco, and WM Morrison Supermarkets holding gains between 1.9% and 3.5%.
Italy's MIB is lower by 0.2% amid weakness in financials. Banca di Milano Scarl, UBI Banca, and Banco Popolare have given up between 2.5% and 3.8%.

8:28 am: [BRIEFING.COM] S&P futures vs fair value: +0.90. Nasdaq futures vs fair value: +6.00. U.S. equity futures remain near their highs as the quiet morning continues. Investors received a few quarterly reports this morning, but the Q3 reporting period has started to wind down. Nearly 450 S&P 500 components have reported their results already with a fair share of retailers remaining on the schedule.

In the consumer staples sector, Dean Foods (DF 15.62, +1.20) holds a pre-market gain of 8.3% after beating bottom-line estimates and guiding Q4 earnings above consensus. Elsewhere, technology component 3D Systems (DDD 36.00, +1.53) is on course to open higher by 4.4% after reporting in-line with its warning from October 22.

8:02 am: [BRIEFING.COM] S&P futures vs fair value: +0.80. Nasdaq futures vs fair value: +5.70. U.S. equity futures hover near their pre-market highs amid upbeat action overseas. The S&P 500 futures trade one point above fair value. Global equities received an overnight boost after it was reported that the Shanghai-Hang Seng trading link was approved to begin operating next week. In addition, China reported better than expected trade figures for October.

Domestically, pre-market action has been very quiet with several listings on the move after reporting earnings. Meanwhile, Treasuries are little changed with the 10-yr yield at 2.29%.

Today's session will be free of notable economic data.

In U.S. corporate news of note:

Gogo (GOGO 15.80, -0.84): -5.1% after missing bottom-line estimates.
Merck (MRK 58.00, -1.34): -2.3% after the company reported disappointing trail data.
WhiteWave Foods (WWAV 38.00, +1.07): +2.9% after beating estimates and guiding Q4 earnings below consensus.

Reviewing overnight developments:

Asian markets ended mostly higher. China's Shanghai Composite +2.3%, Hong Kong's Hang Seng +0.8%, and Japan's Nikkei -0.6%.
In economic data:
China's trade surplus expanded to $45.41 billion from $31.00 billion (expected surplus of $42.00 billion) as imports rose 4.6% year-over-year (consensus 5.5%; previous 7.0%) and exports increased 11.6% (expected 10.6%; prior 15.3%). Separately, PPI fell 2.2% year-over-year (expected -2.0%; last -1.8%) and CPI was unchanged month-over-month (consensus 0.1%; prior 0.5%) while the year-over-year reading rose 1.6%, as expected
Australia's Home Loans fell 0.7% month-over-month (consensus -0.3%; prior -0.9%)
In news:
Markets in China and Hong Kong rallied after it was confirmed that the Shanghai-Hong Kong exchange link will begin operating on November 17.

Major European indices trade higher across the board. Germany's DAX +0.3%, France's CAC +0.3%, and Great Britain's FTSE +0.5%. Elsewhere, Spain's IBEX +0.3% and Italy's MIB is flat.
Economic data was limited:
Eurozone Sentix Investor Confidence ticked up to -11.9 from -13.7 (expected -6.9)
Italy's Industrial Production fell 0.9% month-over-month (consensus 0.2%; prior 0.2%) while the year-over-year reading declined 2.9% (last -0.7%)
Among news of note:
More than 80.0% voted in favor of Catalonia seceding from Spain in a symbolic vote after the country's Constitutional Court blocked the outcome.
Reports out of Italy suggest 89-year old President Giorgio Napolitano may step down at year's end due to age-related issues.

8:00 am: [BRIEFING.COM] S&P futures vs fair value: +1.00. Nasdaq futures vs fair value: +6.00.

8:00 am: [BRIEFING.COM] Nikkei...16,780.53...-99.90...-0.60%. Hang Seng...23,744.70...+194.50...+0.80%.

8:00 am: [BRIEFING.COM] FTSE...6,600.24...+33.00...+0.50%. DAX...9,323.51...+31.30...+0.30%.

Special thanks to Bloomberg, CNNMoney, Reuters and Yahoo! Finance for their market summaries.

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader

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