Tag Archives: S&P 500 Futures
A.M. Look 10/25/18
Spu’s …so far the bounce was 5 points shy of putting in a reversal. I need to see a close over 2700 for stabilization. Nasd 100 could rally back to its 200 DMA @ 7077 on good AMZN earnings. AMZN…1678 … Continue reading
Daily Market Intelligence 10/25/18
Daily Market Intelligence 10-25-18
The Late Show
My current bias would be to look for failed 30 + point rallies in the Spu’s to sell Selling weakness is not a good idea. Nasd 100 closing under 6987.50 is negative. Spus..that same # is 2698.50. Failing to hold … Continue reading
Daily Market Intelligence 10/24/18
Daily Market Intelligence 10-24-18
S&P Qtrly
Spu’s Qtrly sell stops are @ 2698.50. I would look for these to get elected. Nasd 100 ran the stops before the 400 point rally Sustained and closing price action under those ORL levels will elect another big swing down. … Continue reading
A.M. Look 10/23/18
Spu’s have retested their previous low. Spu/Bond is into potential cloud support and bounce level. Nasd 100 P&F has not put in a high probability low yet. There is no short covering at present. You’d typically start seeing those rallies … Continue reading
Daily Market Intelligence 10/23/18
Daily Market Intelligence 10-23-18
A.M. Look 10/22/18
China led rally. SHCOMP showed pattern follow through into resistance That was not before the Spu’s looked to have bottomed early and put in a lower low before the rebound. 2791 is P&F resistance. Nasd 100 bottomed just below its … Continue reading
A.M. Look 10/19/18
The general game plan is to buy before you sell against SPU 200 DMA into 2769-72 Spu’s will need a print into 2804 to turn up on the long-term Point & Figure Nasd 100..use last night’s low @ 7135. SHCOMP … Continue reading