Tag Archives: CME Group Futures
S&P 500 Futures
1258 is the Point_&_Figure resistance matching 1261 Fib resistance. Traders playing from the long side should lighten up here.
S&P 500 ….Price Action
The market acts horrific.. New shorts will be initiated on new lows. You’ll see these new shorts getting trapped all day. Day- Traders, be patient for the small pops. Until you get price action back above 1254 the shorts are … Continue reading
A.M. Look 8/3/11
Now for this week’s episode of the mid-week shuffle. We just had one monster break to unchanged on the year in the S&P. The average big move in the SPU is 80-100 points. We just got the FULL MONTY! Today, … Continue reading
Russell 2000 Index
The Horizontal line @ 76660 represents the long term stops
TBT…Risk Off
It looks like we will be in Risk Off mode for a while. The 30 yr. Futures could rally another 5-6 full points which will give you a 26 handle on the TBT ETF. SELL THE LONG TBT @ THE … Continue reading
A.M. Look 8/2/11
It’s a risk off world. The major indices are in a tug of war with the DJI & Nasd seeing a relative safety bid ( they’re maintaining above their respective 200 day mvg avg’s) and the SPU,Russell and Midcap all failing. The big … Continue reading
Risk On?…TBT Trade Alert!
I am going to buy 30% of a full position in the TBT @ the market The real risk is one dollar. To that end we will start small.
YCS…Short Yen Futures…Long USD/JPY
ETF guys can nibble going long YCS with a 30 cent stop. It’s currently trading around 13.86..The stop is below 13.50 intra day. Pro-Traders…timing and trade location are as previously discussed.
NASD…The Matinee
2321,Nasd 100 Futures, becomes a key hold level for equities the rest of the afternoon. This is last qtr’s close and a major pivot for macro traders.
30 Yr. Bond Futures…TBT…SPU/BONDS
129.09 is the 2/3rds fib on the short swing.. The bigger area is 129.15 ish ( this is where we sold the Bonds last fall for the trade down to 122)… The board is still showing Short stocks/Long Bonds…. The … Continue reading