Tag Archives: CME Group Futures
GOOG…NASDAQ 100 Futures
505-506.50 Google is a very significant pivot area. We rallied 120 points off this level…here we are again! Closes under this level can precipitate another leg down in the Indices. Watch for market tone!
SPU/BONDS…General Price Action…GS
The first question: is today’s high in the Bonds and the Low in the S&P it? We know that it was a great place for a reaction trade, the Bonds will now try to seek out an eventual 138 print ( which … Continue reading
Price Action SPU/BONDS
Day Traders… I am personally in no mood to bottom pick, however I would pay attention to the 1150 level in the Spu and 139.18 in the 30 Yr bonds to see if any contra trend trades are generated off those levels … Continue reading
A.M. Look 8/18/11
The Board is all Risk Off this a.m. For now I will be content to watch for a bit to see if there will be a low risk spot to participate a little later in the day. Model Trading Portfolio…Current Positions … Continue reading
A.M. Look 8/17/11
Today will be another very technical day of trading the stock indices and the bonds. In currency land the Swiss Franc is of most interest. Last night it made another attempt to breech 80 USD/CHF. Closing over this level would signal … Continue reading
A.M. Look 8/16/11
I have no great ideas this a.m., just a couple general observations: USD/CHF looks to need back over 79 USD/CHF ( app 126.75 futures) for the board to have a risk on footing. AUD/USD & EUR/CHF highs yesterday were both … Continue reading
S&P 500 Futures…SSO
I was looking for that last final squeeze up over 1198 futures. So far no cigar. If you have not already taken your profits, I recommend doing so within the next 30 minutes.
S&P 500 Futures…SSO…AUD/USD
Any price action over 1197.75 today will be used to liquidate the rest of our longs. That’s right, although we may rally a further 20 points I am taking the money! 105.05-25 Aussie should prove troublesome the first time up as … Continue reading
General Price Action S&P 500
It’s been a long long week with unlimited opportunity from both sides of the market. The present price action leaves me nonplussed. Longer Term Investors can leave a small piece of your longs on with the trailing stops if you … Continue reading