Tag Archives: S&P 500 Futures
Midday Missive
Full Moon Trading..it’s going to be stupid. Spu..25X3 Medium -Term Point & Figure..shows a double top @ last nights high. Price action under 2564 is needed to turn down. Nasd … Continue reading
Midday Missive
More stock rotation! Three card Monte continues to be the game. Just a big grind waiting for another catalyst. Spu’s…P&F resistance on the short-term chart is 2576-77. Bears need not give it more than that. The FTSE chart below is … Continue reading
A.M. Look 11/2/17
Spu’s would need a print in the low 2550’s for a reversal on the medium-term Point & Figure. This is a typical mid-week shuffle. The Plungers are making the rounds. Yesterday it was Robert Prechter calling for a 1929 type … Continue reading
Daily Market Intelligence 10/31/17
Daily Market Intelligence 10-30-17
Midday Missive
Long end of the curve…10’s & 30’s ..Yields are still lower on the year. 2 & 5 yr Yields are higher on the year. Engulfing Bull patterns in the U.S. rates should keep traders from selling Futures. When Bonds are … Continue reading
The Late Show
Spu’s put in a reversal on the medium term P&F. That only took 25 days. The long-term P&F needs a print into the very low 2530’s for a reversal. Nasd 100…just achieved a … Continue reading
Midday Missive
Spu’s..2552 is initial mvg avg support matching 12 in the VIX.There are a lot of Financial names struggling.CMA,GS,NTRS,KEY,LUK,MS,NAVI,PFGOne would reasonably expect this flow to continue into London’s close. Pay attention to what you’re involved with.This is just a prelude to what … Continue reading
A.M. Look 10/25/17
30 Yr. Bonds…150.09 is unchanged on the year. I don’t want to lose sight of the fact that after 17 point rally and break in the futures, they are back to where they started. Spu’s..need a close under 2560.50, last … Continue reading
Daily Market Intelligence 10/24/17
Daily Market Intelligence 10-24-17
Midday Missive
USD/JPY has come close enough to one of those scene of the crime levels that it is ripe for short-term price rejection ( an oversold bounce)Ditto with the 30 yr. Bond futures. Indices will not be the feature. Financials and … Continue reading