Tag Archives: CME Group Futures
Gold & Silver…Pattern Alert
We’ve put in outside reversal days to the downside, now we have to see if an outside reversal week is in the cards. Gold has to close below 1736.25 and Silver 39.11 Pit session! The all session #’s are 1730.50 … Continue reading
8/24/11
We traded 1160 in the S&P 500 Futures and rejected the level the first time up. This is exactly the price action I’ve been looking for since late last week. This dance will now continue with new highs into the … Continue reading
Risk On?
I’ve been flipping through the chart patterns of many well known names. CAT,OXY,FCX,BHP,DIG,DE to name a few. For the most part all these patterns are very similar to the S&P 500 Futures. The Spu has gotten the stops over yesterday’s … Continue reading
AAPL
Let’s focus on the here and now. AAPL and the Nasd 100 futures have been trading in tandem the past couple of weeks. We Identified the 355 level as good support matching 2030 area in the Nasd 100 Futures. Presently … Continue reading
Punters Alert…(BAC)
I am going to place an order to buy some BAC ” Bank Of America” @ $2.60. I’m fishing for a double bottom off the 2009 low. Don’t bet the farm but it’s worth a shot. If you aren’t equipped … Continue reading
AAPL…Nasdaq 100
General price action: As long as AAPL keeps holding 355 the Nasd 100 futures looks to hold the 2030 area. We’ve been down there 3 times and held. All the Indices price action stinks! AAPL is the beneficiary of a … Continue reading
S&P 500 Futures…U.S. Dollar…SPU/BONDS
So far it’s been an opening range trade. Sustaining above this level (low 40’s)…1160.50-1182 is the area that crushes the longs again and will provide Bears with a place to look for reversals and selling opportunity. If we see these … Continue reading
A.M. Look 8/19/11
Risk Off is still in full swing. I do not expect any change in that footing today. New lows or highs in any instrument are not to be chased or pressed for direction!! Nasd 100 Futures…2030 ish is the big Fib … Continue reading