Tag Archives: NASDAQ 100 Futures

A.M. Look 8/8/12

Spu…1402 is the macro closing upside pivot. Nasd 100…2715 ish is the macro closing pivot. 30 yr. Bonds…148.12 is the closing downside pivot. SPU/BONDS…94.40-50 is near term resistance AUD/USD…105.72 is the macro closing upside pivot. AUD/JPY….83.25 is resistance…82.50 ish is … Continue reading

A.M. Look 7/24/12

ECA…put in an ORH day yesterday. This instrument needs closing action over 21.40 to confirm more up. AAPL…Those of you that bought the July 27 calls early yesterday should now have a free look going into today’s earnings. Spu’s & … Continue reading

A.M. Look 7/20/12

Copper…holding above 346 should be positive the board. Oil…could break back to the high 80’s and it would be meaningless. Spu’s…need sustained action under 1364 for any downside. General Comments… We’ve seen a little profit taking in the Oil and … Continue reading

QID…EPV Trade Alert!

We’re Buying the Ultra shorts @ the market. Stops will be written tomorrow.. Oil service names are trading @ or near their 200 day’s FFIV just rallied 10% in 2 days. We’re looking for a trade the other way. We … Continue reading

Luncheon Strategy?

Spu’s…just as a close below 1343 is viewed as negative (ORL), a close above 1352 puts in an ORH day. Closing strength over 1357 is needed for higher prices. Nasd 100…2562.50 is the Pit ORL…2585 is the Pit ORH.. Now … Continue reading

The Big 3…Spu..Nasd 100…EWZ… Pattern Alert! + Euro

All three are attempting ORL days. EUR/USD…needs a close below 121.75 Watch the levels late day and how they react against yesterday’s lows on any rally intra day! These are Risk Off Patterns…               … Continue reading

A.M. Look 7/17/12

Oil… 86.60 is support…89 – a couple is a potential double top. Gold & Silver…both need higher for breakouts to the upside. General Comments… Have fun trading Ben’s testimony. I’m not sure why anyone would think the Fed would be … Continue reading

A.M. Look 7/13/12

Oil…is trading @ the 50 day around 87. Sustaining above can lead to a test of 90. Weekly buy stops are around 89. Spu’s…I need to see a close over the low 1340’s moderately to be positive and a close … Continue reading

A.M. Look 7/12/12

Spu’s…as long as the Spu’s don’t close back over 1341 the board will trade Risk Off. Closing today under 1333 will be negative and have us looking for another 40 points of downside. 1324.50 Spu matching Nasd 2540 can be … Continue reading

A.M. Look 7/11/12

Welcome to the Mid-Week Shuffle… Oil…83.00 +- 10 ticks is a key Fib level which we failed to reach yesterday. The oil never acted as bad as the Equity indices yesterday. 85.20 ish looks to be the top of value … Continue reading