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CISCO Futures
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Email dljones@cisco-futures.com



Day Market Review


..A part of the Trader Control Package
..Contains most of the day's reference points
..Shows the structure of the day's trading

Includes:

Price

Not priced separately. Comes as part of the Trader Control Package only.
Most of the Market Review reference points appear on the Visual Graphic.
                

Example of Day Market Review


                 MARKET REVIEW T-BOND (CBOT) DAY                              
                          U2 03 95                                            
                  CURRENT DAY 01 20 95   PREVIOUS 01 19 95                    
OPEN                              9924               10005                    
HIGH                              9931               10016                    
LOW                               9906               10000                    
CLOSE                             9906                9930                    
HIGH VAL PRICE (POC)              9919               10006                    
VALUE AREA               9928 -   9916      10009 -  10001                    
TPO`s, TOTAL                        89                  90                    
TPO`s, ABOVE POC                    43                  36                    
TPO`s, BELOW POC                    34                  43                    
TRADE FACILITATION FACTOR         3.42                5.29                    
SHAPE FACTOR                     10.71                8.82                    
ATTEMPTED DIR  U, D or blank         D                                        
VALUE AREA DIR  H, A, Z or L or bl   L                                        
                                                                              
Commentary on market direction:                                               
  Todays Point of Control is lower.                                           
  Todays attempted direction is down.     Yesterdays was unclear.             
  The Value Area direction is lower.                                          
                                                                              
       Shape-Distribution:  Minimum Distrib = 4 Prices, 1 TPO.                
            There is/are 1 Distribution(s) on this day.                       
            DIST#  HIGH   POC   LOW  POC-TPOs                                 
                1  9928  9919  9908     7                                     
                                                                              
                                                                              
           ACCUMULATION/DISTRIBUTION BY PERIOD                                
                                                                              
 The half-hour periods are:  yzABCDEFGHIJKLM                                  
 The first pd is 10 min; the rest are 30.                                     
                                                                              
The market was balancing (accumulating) for 10 half-hour period(s)            
from  3 to 12 (A to J).                                                       
The accumulation price region was   9928  9917.                               
                                                                              
NOTE:  The accumulation envelope was tilting downward. Thus there             
was downward distribution during the "accumulation" phase.                    
                                                                              
A DOWN distribution began in period 12 where the bracket envelope was         
  9917 and the low was  9910.  Next period low was  9909.                     
                                                                              
The market was balancing (accumulating) for  1 half-hour period(s)            
from 14 to 14 (L to L).                                                       
The accumulation price region was   9912  9910.                               
                                                                              
              HALF-HOUR AUCTIONS FOR THE DAY.                                 
                                                                              
          y   z   A   B   C   D   E   F   G   H   I   J   K   L   M           
                                                                              
  9931                3                                                       
  9930               21                                                       
  9929               47                                                       
  9928   13   1      38                                                       
  9927   57   4   5  16  13                                                   
  9926   47  38  41   9  42                                                   
  9925    5  60  49   2  50   8                                               
  9924    1  62  14   1  35  11                                               
  9923       47          21  11   9   2                                       
  9922        9           7  13  38   7                                       
  9921                       29  42  10                                       
  9920                       56  18   6          14   1                       
  9919                       71   6   8   9   8  37   8                       
  9918                       51      10  35  29  22   9                       
  9917                       12      21  42  20       7                       
  9916                               38  15           6                       
  9915                               24   1           5                       
  9914                                4               8                       
  9913                                               12   5                   
  9912                                               42  29   2               
  9911                                               53  64  13               
  9910                                               16  55  37               
  9909                                                   15  41               
  9908                                                       20   2           
  9907                                                       21               
  9906                                                       16               
                                                                              

** The names Overlay Profile, Rotation Profile and Rotation Index 
    are trademarks of CISCO 1989.  All rights reserved.

This report may not be reproduced or retransmitted without the express
written consent of CISCO.
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