Tag Archives: NASDAQ 100 Futures
A.M. Look 8/19/11
Risk Off is still in full swing. I do not expect any change in that footing today. New lows or highs in any instrument are not to be chased or pressed for direction!! Nasd 100 Futures…2030 ish is the big Fib … Continue reading
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!
8/9/11
Last night’s lows in the Oil came very close to completing a 50% re-trace from the 2008 low of $33. Aussie…102.88 will become pivotal.. The SPU & NASD will continue to be highly volatile….SPU/BOND spread was almost enticing last night … Continue reading
NASDAQ 100 Futures
2192 is the big closing level from last qtr when the stops were elected below, and then rallied. We’re trying to put in another qtrly pattern similar to last qtr which was rejected in a big way. That # is … Continue reading
Stocks… S&P 500
That was a nice rally to nowhere in the SPU..We’re caught between 1237-48 for the moment. Investors who bought OXY and AAPL should use a break-even stop SPU starts heading south, we’ll see the 1188 area.
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 8/2/11
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
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.
A.M. Look 7/29/11
It’s the last day of the Month: The overnight low in the Spu was app the 200 day mvg avg. ( 1282 ish), NASD shows value at 2295-2310 first time down…I would still like to see AAPL print 378-80 to … Continue reading
The Late Show…Position Adjustments
AAPL …396.27 has my full attention…it was up closer to 400 in pre-market after earnings..however, price rejection here can put in a short term double top. A 20-25 dollar break would be healthy for this instrument. NASDAQ 100 Futures is … Continue reading