Tag Archives: S&P 500 Futures
A.M. Look 5/29/18
It’s getting cheaper to go to Europe this summer. FBTP opened and broke 9K/ a contract. Spu’s have finally put in the reversal on the Long-term P&F. Spu/Bonds are trading @ its 50 DMA Spu/Dax…(bottom chart) hit its 50 DMA … Continue reading
Daily Market Intelligence 5/29/18
Daily Market Intelligence 5-29-18
A.M. Look 5/25/18
Putin is speaking about raising Oil production. The Long term P&F put in its first relief reversal in 10 dollars marking a near term top. Energy names will be under pressure with an ORL week ( topping pattern) in crude. … Continue reading
Daily Market Intelligence 5/25/18
Daily Market Intelligence 5-25-18
A.M. Look 5/24/18
S&P 500 Futures are caught in a range. The P&F shows a retreat as low as 2716 would not change the pattern. Spu/Bonds are at daily momentum resistance. This simply means that buying strength should be avoided. Nasd/Bonds are slightly … Continue reading
Midday Missive
Barring something out of the FOMC minutes I remain in buy the break mode. So far the Spu’s just don’t want to give us a shot at the 2700 level. If you don’t see a break after 1 P.M. CDT … Continue reading
A.M. Look 5/23/18
Here we are gaping gaps. Spu’s…2700-2703.50 is the lower gap. There will be resting sell stops @ the level since this is also the weekly ORL#. The long-term P&F will see a reversal with a 2696 print. Chartists would like … Continue reading
Daily Market Intelligence 5/23/18
Daily Market Intelligence 5-23-18
Daily Market Intelligence 5/22/18
Daily Market Intelligence 5-22-18
A.M. Look 5/18/18
Short-term traders…the only thing you can do today is get yourself into trouble. Spu’s are 20 points either side of nowhere. Midcap & Russell have been outperforming the S&P & Dow. Price action has been compressing. Late day U.S. Equity … Continue reading