Tag Archives: S&P 500 Futures
Midday Missive
Spu’s would require a 2624-25 print to rollover on the long-term P&F The 25X3 held. All new strength higher on the day is needed after FOMC minutes @ 1:00 P.M. CDT for another attempt at unchanged on the year. Weekly … Continue reading
A.M. Look 4/11/18
Oil..67 is near term resistance with 69 being 50% retrace for this decade. Given its Wednesday, I would not be chasing Oil strength. I’d rather use the strength to collar positions in the Oil service sector by buying Puts and … Continue reading
Daily Market Intelligence 4/11/18
Daily Market Intelligence 4-11-18
A.M. Look 4/10/18
XI gave a great speech last night that was roundly embraced as he portrayed himself as the adult on the world stage. Oil is trading right at closing resistance. The Longer-term P&F charts in the Spu & Nasd show potential … Continue reading
A.M. Look 4/9/18
Both the Nasd 100 & Spu show consolidation patterns in widening ranges. The weekend headlines were divided between those that took a long view and perceived Trump tweets as meaningless bluster, and those that remain skeptical. It’s a level trade. … Continue reading
Daily Market Intelligence 4/9/18
Daily Market Intelligence 4-9-18
A.M. Look 4/6/18
Last night’s Globex low in the Indices is support. Indices must close above these levels to avoid another trip to the cellar over the next few weeks. So far the technical levels have held. MU…looks to retest 46.98,January 2018 high, … Continue reading
Daily Market Intelligence 4/6/18
Daily Market Intelligence 4-6-18
A.M. look 4/5/18
We’re seeing pattern follow through in the names, Indices and the spreads. Spu’s & Nasd 100 have hit their projected targets. I’m a buyer of Spu’s @ 2619. In the meantime let the day set up and look for a … Continue reading
Daily Market Intelligence 4/5/18
Daily Market Intelligence 4-5-18