Tag Archives: CME Group Futures
S&P 500
Sell another 25% @ the market. We know the 1186 level is big. I thought after last nights attempt lower that we would try to rally to the unchanged level on the week of 1197. We could still see that … Continue reading
S&P 500…General Game Plan
Longer Time Frame Investors.. Break your existing holdings into two pieces. The first piece will be exited in the mid to high 1190’s. The second piece will be exited around 1215. This will have us out of all our longs. … Continue reading
A.M. Look 8/12/11
Today will be another price action day. The overnight low in the Spu was a natural retest to the downside from a major technical resistance level. So far the re-test held. Now we will wait to see how the market … Continue reading
Recap…Sellers Remorse
Major resistance is major resistance…Since my clientele have differing goals..here goes. Long term private wealth guys were looking for a low risk area to bottom fish..They do not wish to be in and out….that is why we only took half … Continue reading
S&P 500…SSO
Just a reminder we will be taking 50% of our profits off the table by the close! I will leave it up to you to see if we get one more push up in the last 30 minutes of NYSE … Continue reading
General Price Action…Stocks
We’re going into the end of this capital flow in the next few minutes. Those wishing to be extremely conservative should take 25% of your longs off. The afternoon can be a whole new ball game. The market will need … Continue reading
S&P 500 Futures…SSO
1178- 1185 is still the major resistance level in the Futures, with a close over 1186 being positive. We will sell 50% of our long positions no matter what instruments we’re involved in based off this S&P Level!!!!!!!!!!! Place your … Continue reading
SSO…S&P 500 Futures…RISK ON
I am going to give it a go for Risk On. Buy the SPU or the SSO with a stop below today’s low.
A.M. Look 8/11/11
The price action is pretty grim for the stock bulls. This weeks SPU low of 1097 is a 30% correction from the 2008 low. We could of course hold here, however my interest gets peaked 80-100 points lower in the … Continue reading
General Market Price Action..S&P 500 Futures
Everything is a big day trade with 15-20 point swings now the norm.. Bigger swings will be app. double that, with 80 points being a big standard deviation move. Always pay for your trades and do not lose money.