Tag Archives: S&P 500 Futures

A.M. Look 9/21/21

Yesterday’s Spoo low is confirmed on the 100X3. It will take all new weakness under yesterday’s low to break anywhere. The first assault on the Friday-Monday Pit breakdown gap has so far failed. The probe was close to the .618 … Continue reading

Daily Market Intelligence 9/21/21

Daily Market Intelligence 9:21:21

A.M. Look 9/17/21

Spoo 240 Minute charts show that yesterday was a dating game. Russell 200 DMA is 2200.55 This is still a one-day time-frame at a time board. Use trailing stops. Gold’s breakdown against Platinum seems to have ebbed with the spread … Continue reading

A.M. Look 9/15/21

It’s all energy going into inventories today. Natty has a general resistance area ranging from 5.51-58 with higher targets. It’s Wednesday!! Many will be shutting down early for the Holiday. Will yesterday’s low in Russell @ its 200 DMA put … Continue reading

Daily Market Intelligence 9/15/21

Daily Market Intelligence 9:15:21

Daily Market Intelligence 9/14/21

Sept Grains expire. Canadian Dollar expiry Oil needs to sustain for an upside breakout. Natgas had a big upside day which would not be something I’d chase. I have room for 5.50 but I would not recommend the chase. Spoo…simply … Continue reading

A.M. Look 9/13/21

This week will be more about the art of trading. September Spoo will need a 4487.50 print to confirm Fridays low. 4492.75 ish is cloud resistance on the 25X3 pnf The spread is running app 9.5 points. All the charts … Continue reading

Daily Market Intelligence 9/13/21

Daily Market Intelligence 9:13:21

A.M. 9/9/21

Spoo stopped in no particular place other than into mvg average support. Same for Nasd. Dow Futures held its 50 DMA, which I find more compelling for risk management. Gold is gaining on Platinum. Maybe a sign of weakening industrial … Continue reading

A.M. Look 9/8/21

Spoo/Bond ran into a long-term target level. Spoo failed to fill it’s pit gap yesterday. The level is still in play. A pressure relief reversal was put in last night. 4450 print is needed to signal a major retrench in … Continue reading