Tag Archives: S&P 500 Futures

The Late Show

FB…98 was resistance. This was a big miss by me today as the low of the day was the 200DMA. It needed to prove itself above 98 for higher which it is doing as i write. AAPL…needs above 101 COP…this … Continue reading

Day Traders

Spu’s 1986 looks to be pivotal The hourly bars are turning up. FYI..UVXY shares are not available to short!!!

A.M. Look 1/14/16

Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading

A.M. Look 1/14/16

Stocks… Use yesterday’s ORL #’s for initial resistance. Only sustained price recovery over these levels will lead to a meaningful short covering rally. Nasd 100…4236.50QQQ…104.08Spu’s …1899 Bonds… 30 Yr. ..You’re going to get reactions off the Fib extensions as you … Continue reading

Market Mayhem

Pattern Alerts…Potential ORL days

Nasd 100…4236.50 QQQ…104.08 Spu’s …1899 Sustaining below these levels late is seriously negative. You’re going to see panic selling

Midday Missive

Equities…yesterday’s buyers are today’s sellers. 1916-18 is a trap level for shorts this time of day. We’ll need to see if there will be another late day bot driven rally. The metals have been telling a Risk off scenario. Silver… … Continue reading

A.M. Look 1/13/16

Stocks… Spu’s…the target for this rally is 1973. This is the exit zone. Spu’s are having an oversold bounce. Nasd 100..4400 +- a couple is resistance NOV… has one of the cleaner patterns in the Oil patch with room for … Continue reading

A.M. Look 1/12/15

Stocks… Spu’s… Nasd 100.. AAPL… The Indices and AAPL are flashing oversold and trying to turn up for a mid week bounce. I’m not reading anymore into it than it’s attempting an oversold bounce into Options expiration Friday. Last night’s … Continue reading

A.M. Look 1/10/16

Stocks… Spu’s…near term resistance is last night’s high of 1928.50. Holding above 1937.50 late day is needed for a mid week rally. AMZN…is coming into support on the weekly charts. This is a bounce zone the first time down. GOOGL…shows … Continue reading