Tag Archives: CME Group Futures
A.M. Look 12/2/11
It’s good news week. It will be a price action trade for those playing. SPU…1251 will need to hold the first break “during the Pit Session” and then stay above to maintain strength throughout the day. 1262-66 shows early resistance. … Continue reading
SPU/BONDS
SPU/BONDS at a tough level! Crunch time for the spread…this is a pivotal spot for 2 figures either way. Pay attention to your time frames. Do not reach for trades.
A.M. Look 12/1/11
Reality Check,let me count the times we’ve seen these swings since Aug 1. I think we’re on our 11th swing of 8-10% moves in the Spu’s. If you added in the Bond side of the spread, most moves were closer … Continue reading
EURO…SPU
Euro…135.25 is near term resistance. Stops are resting over 135.70 which would tgt 136.10-20. SPU…1235 was a descent place to take a rest. Trade your time frames.
A.M. Look 11/30/11
The majority of you told me you were not playing in the equity indices or the SDS. Our position update was put out for consistency more than a desire to do anything. ETF traders have to be in or out, … Continue reading
Position Update… SDS
We have a small position “Long SDS”.. We know of lot of you have decided to stay on the sidelines. We want everyone to be on the same page as us, with no surprises in the A.M. as to phantom … Continue reading
Index Futures…Pattern Alert…Pit Sessions
A close below 1182.50 Chicago Pit session is needed for the Coup De Grace. 1182.50, 1176 then 1171 are levels that will react like the 1197.50-1206.50 on top. In other words, new shorts are unlikely to get rewarded at those … Continue reading
SDS…S&P 500 Futures…Risk Off
This has been a big trading market all year. There is no reason to think it won’t continue. That being said, you have to take your shots at the 6-8% trades when they avail themselves. That means selling the rallies … Continue reading
A.M. Look 11/29/11
In two years, this is a first for me…I’ve placed yesterday’s comments below. The levels have not changed. The game is still day trading the spread “Long Spu’s /Short 30 Yr. Bond”, while matching up your levels in the currencies … Continue reading
SDS…S&P 500 Futures…Timing
21.72-21.33 corresponds to the Futures level in the S&P 500 of 1197.50-1206.50. You’ve got an hour left in this capital flow. Then, short term guys can start looking for possible contra-directional moves in the equity indices.