Tag Archives: NASDAQ 100 Futures
SDS…Pattern Alert
A close tomorrow over 15.44 puts in an ORH week. We would view this as confirming a top in the indices. Sell rallies the rest of the day in the equity indices..NASD 2750 is the level to manage your shorts. … Continue reading
EURO…QID…Trade Alert!!!
SELL the EURO @ the market using a 30 point stop. BUY 1/2 position back in the QID…”Long QID=Short Nasd”
A.M. Look 4/4/12
Currencies… Euro…131.50 is the downside pivot, only sustained and closing action through this zone will lead to more downside. AUD/USD…102.64 is support. The downside pivot is 102.00 same as above. USD/JPY…needs sustained price action under 82.00 USD/JPY ( over 122 … Continue reading
A.M. Look 4/2/12
Nasd 100 Futures…a close above 2775 will have us close out our Long QID trade. This can still trade the 2839 Fib level. Spu’s…needs price action & closes back under 1400 to be negative. 30 Yr. Bonds…need some sustained action … Continue reading
A.M. Look 3/30/12
It’s Qtr end. We are not going to initiate anything new today. We have a small position, Long the QID (Short Nasd 100 Futures). For Now, we will leave the stop alone. The Long TLT/30 Yr. Bonds has been working … Continue reading
QID…Trade Alert!!!… w/ Stop
Buy the QID ( Double Short Nasd) @ the market! We’re using a 29.75 stop on this trade… Depending how you view it, I either was either premature or very late. Nevertheless, it’s a cheap look at picking a high. … Continue reading
A.M. Look 3/29/12
AUD/JPY…has been a good short term barometer of stock strength. 8500 is the 50 day. watch for general market tone. USD/JPY… along with the YEN crosses are doing re traces from the beginning of Feb. , 122 ( M Futures … Continue reading
Nasd 100 Futures
We’re not going to honor the ORL daily pattern in the Nasd 100 today. Given Friday is the Qtr’s end, and we think you could see some residual positive capital flows into early Monday, we’ll wait until tomorrow to determine … Continue reading
Nasd 100 Futures Pattern Alert
2775 is the # that matters for the rest of the day. As long as we hold it the Nasd will remain firm. Only sustained price action and a close below 2775 would lead to profit taking. A close below would put … Continue reading
A.M. Look 3/27/12
Nasd 100 Futures..In the 3/2/12 A.M. Look we said, “We wouldn’t be surprised to see a 2800 Nasd”. In fact, they look to be on a mission to print 2839, a move 10 years in the making. This is a … Continue reading