Tag Archives: S&P 500 Futures
A.M. Look 12/28/18
The bulk of the charts all have the same pattern as the Spu’s. They are all poked out over their moving averages. Oil inventories are this A.M. A build could precipitate another small bout of Risk Off. From a trading … Continue reading
Daily Market Intelligence 12/28/18
Daily Market Intelligence 12-28-18
Midday Missive
Europe is putting in ORL days at the bottom of a move with oversold conditions. Do Not chase. This resulted in weakness in the U.S. Indices. Capital flows can change after London closes. EEM is the bottom chart. Last year … Continue reading
A.M. Look 12/27/18
Indices are retesting the ORH breakouts from yesterday. Spu…2434.50 Nasd 100…6123 If yesterday was a short -term bottom the Indices should hold these levels on a closing basis as well as see a late day rally. Macro resistance remains at … Continue reading
Daily Market Intelligence 12/27/18
Daily Market Intelligence 12-27-18
Midday Missive
Wednesday Highs! Rallies to nowhere. This is a renters market. Sell oversold rallies if you’re trading. Financials, exchanges & Oil all rallied to nowhere. Time Frame trading the rest of the day. Nasd 100…rallied into resistance Spu’s
A.M. Look 12/26/18
Spu’s…put in a reversal on the 50X3 P&F. 2394 is the top of value.(resistance) Nasd 100…put in a reversal on the 100X3 P&F. 6039 is the top of value.(resistance) The Indices are oversold even with this bounce. Given the new … Continue reading
Daily Market Intelligence 12/26/18
Daily Market Intelligence 12-26-18
Daily Market Intelligence 12/24/18
Daily Market Intelligence 12-24-18
Midday Missive
There was a surprising amount of trading in the cash settled Spu’s . The range is likely in for the rest of the day. I won’t be watching the late show. Monday is a half day with early closes. I’ll … Continue reading