S&P Futures Nikkei +166 Hang Seng +45 Gold
7:30am Futures FTSE +20 Techmark +2 DAX +12 Dow +5 S&P+0.7 Nasdaq -1.5
News Headlines:
In the U.S. Commerce Department issues Business Inventories for July at 1230 GMT. Economists expect a median fall of 0.2 percent, versus a rise of 0.1 percent in June. Production figures from the world's largest economy are due out at 1315 GMT and are expected to show a rise of 0.2 percent, versus a gain of 0.5 percent in July. Sweden has decisively rejected the European Union's single currency Astra Zeneca launch's its top new drug hope Crestor in the crucial U.S. market on Monday, London's Times newspaper said, without citing sources.BP Shell Oil prices hit their lowest level in four months on Friday as a powerful hurricane in the Atlantic looked likely to pass to the north of U.S. Gulf oil and gas installations.Telewest agreement on restructuring is likely to be posted to creditors over the next two months, a source close to the talks said on Friday. Aegis Group media advertising said it had agreed to buy Belgian research business Censydiam Group for up to 8.75 million euros Whitbread possibly wants to buy Premier Lodge The average house price rose by nearly 15 percent in the year through July with the average price of a property in July was 156,273 pounds, up 14.6 percent from a year earlier. The new monthly index, which is being compiled on an experimental basis by the office of the deputy prime minister, is based on the price of 25,000 properties sold each month. United Kingdom F)inals (I)nterim  United States (Click Flag) All  Times GMT Europe & World All  Times GMT Mon 15th Sep Reporting Company Updates Financial Data Enterprise (I), Ulster Television (I), Vanco (I), Wilmington Group (F)     13.30 2nd Quarter Current Account -$138bn exp. 13.30 Sep Empire State Manufacturing Survey 15.0 exp. 13.30 July Business Inventories 0.1% exp. 14.15 Aug Industrial Production 0.3% exp. 14.15 Aug Capacity Utilisation 74.6% exp. Europe: Thales (I), JC Decaux (I) Good Trading!      david@FTSEDOW.com     www.FTSEDOW.com Pivot Calculator

Thanks croc

- like the change in layout - it makes it easier to read for people like me whose eyesight is not so good!

morning
Updated 9/12 for Monday's market.
Key DOW Levels for 9/15
UP Above 9,500
DN Below 9,375

Sloping Range
Dow drops at Open, recovers remainder of session.

From prior commentary, "...the 9,500 level is the 50% Retracement point of the move that occurred from the highs of the 8th to yesterday's lows. This pattern could push the index back down toward the lower trend line..."
The Dow opened the session weak this morning and pulled back down to the major lower trend line that we've been monitoring in the Daily Chart. The line held, though, and the Dow proceeded to reverse up off it, making back all of the early losses to end the day higher by 12 points.

The index continues to indicate that the overall uptrend is still in tact. Looking at the 60 Minute Chart shows that the Dow has formed a large downward-sloping consolidation at the highs of the recent two-week upmove. This type of consolidation typically indicates strength and a likely upside break. A break through 9,500 will confirm such a move.

Otherwise, a break below 9,375 will cause a solid break of the major lower trend line and push the index shaply lower. Watch this line carefully to the downside.

Short Term Dow

Short term, the Dow has formed a tight consolidation at the highs of the 1 Minute Chart from 9,460 to 9,490. Watch this range for a break to indicate direction Monday morning.

Medium Term Dow

In the medium term, we barely triggered Shorts this morning at 9,383, which resulted in a 10 point loss. No other trades were triggered and we are now out of the market. Watch 9,500 up, and 9,375 down Monday, with 10 point stops.

NASDAQ & S&P

The NASDAQ and S&P each opened the session weak this morning, but both indices were able to gain ground by day's end. Both indices are holding beneath short term resistance, which we will watch Monday. *

Summary

The Dow reversed sharply off the morning lows today and rallied up to the upper boundary of the large, downward-sloping consolidation that has formed in the 60 Minute Chart. An upside break through 9,500 will likely spark a solid push higher, while a downside break below 9,375 will indicate weakness.

Excellent, tons of really useful information, potential to save hours of searching, it's all here at a glance...Well done!

Morning all
Welcome b.barwick

Morning all. Thanks Croc - great layout. Thanks TP for Dow info. Nice sunny morning in North wales but going to South Wales (Cardiff) for a 2 day break so hope it's nice there as well. Only small positions open. Have a good trading week everyone.

Morning all, late for work again!

Friday afternoon I sneaked a look at TWT and decided to be rash again and boughts a few shares! (Every time I buy TWT I tell myself they are not going to go bust just yet!) I'm now into profit, so I'll just put a stop loss (in case they don't hold) and a limit sell (in case they do!)

Between April and August I was doing the same with CS. (Managing to increase my stake overall by just under 100%) but after selling the last lot in August they carried on up - so TWT replaced it as my very quick buy & sell share. It looks like it is finally coming down a bit, so I will go back to it as I feel happier trading CS. over TWT!

LW, best of luck with TWT!
Very quiet market, watching ..

Short TWOD Nice chart ..

Scalped a bit from KESA @ Mytravel shorts. Closed Logica long flat.