Tag Archives: S&P 500 Futures
Midday Missive
The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading
Midday Missive
The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading
A.M. Look 8/29/17
Spu’s 50X3 Point & Figure…shows a level that can be a Bear Trap. I’ve seen this many times when the P&F seems to want to continue with the direction and reverses first. SPU/BONDS…the last time we traded the 200 DMA … Continue reading
A.M. Look 8/25/17
If you’re short term trading today, Good Luck. It will be a Bot driven event. Euro…118.50 is resistance and the Point & Figure upside breakout level. Spu’s…Point & Figure medium-term resistance is @ 2459 ish. Sustained and closing price action … Continue reading
Daily Market Intelligence 8/25/17
Daily Market Intelligence 8-25-17
A.M. Look 8/24/17
We have a potential Wed-Thursday low in the Indices. This is important mid-week price action for the technical model to repair itself. It will still take another couple of weeks to confirm a directional change. I view the board as … Continue reading
Daily Market Intelligence 8/23/17
Daily Market Intelligence 8-23-17
Daily Market Intelligence 8/21/17
Daily Market Intelligence 8-21-17
A.M. Look 8/15/17
This pattern is similar to last Tuesday when the board went Risk on into the late London session before reversing. Given the P&F charts in the Spu’s & Nasd 100 will need work up here to sustain, it’s not a … Continue reading
Daily Market Intelligence 8/15/17
Daily Market Intelligence 8-15-17