Tag Archives: S&P 500 Futures
Midday Missive
IYT…141.15 is the 200 DMA, sustained price action over this level will give in the Indices a boost. GOOGL… has put n a daily double bottom@ 545. CAT… has been a leader. 95 is resistance and the closing upside pivot. … Continue reading
A.M. Look 10/14/14
Stocks… Spu’s….1903 is the 200 DMA, this will be pivotal all week. 1810 is possible with with early failure to hold. Nasd 100…3760 & 3700 are the two support levels ( bounce levels) Dax…8600 is the next targeted bounce level. … Continue reading
A.M. Look 10/10/14
Stocks… VIX…21.50 is the 200 Month mvg avg and the high of the volatility spikes over the past 20 months. This is the place to match up an interim low in the Spu’s for a bounce. Spu’s….1900-02 is the 200 … Continue reading
A.M. Look 10/8/14
Stocks… Spu/Bonds…the low yesterday matched the yearly uptrend line and cloud support. The spread either holds here or it takes a dive. SPU’s…the 200 DMA is @ 1903. The weekly support line we’ve held all year comes in at 1912 … Continue reading
A.M. Look 10/7/14
Stocks… SPU’s … the point & figure pattern shows a move back to 1928 is possible. Sustained price action above the high 60’s is needed to turn the pattern Bullish. IYT…closing below 148.25 would target 141 a test of the … Continue reading
A.M. Look 10/3/14
Stocks… SPU’s …need sustained price action back under 1928 to weaken. Everyone is looking at 1954 ish for resistance, however the Point & figure has room for a move as high as 1967, which would definitely screw the most amount … Continue reading
The late Show
Spu’s just corrected a full 100 points from the high. Bottom fishing is rampant with the Spu’s having just rallied 15 points off the low. The worst is over for now and traders will await tomorrow’s employment #. IWM elected … Continue reading
Midday Missive
The qtrly Equity Index charts are pretty ugly. I’m looking for 1875 +- a few in the Spu’s & 3800 Nasd 100. Closes over 1954 in the Spu is the only thing that will negate the targets. USD/JPY….is trying to … Continue reading
A.M. Look 10/1/14
Stocks… IWM…put in an ORL month. Russell continues to be the dog with fleas. 107.44 is the next set of macro sell stops. If these get elected look for another 8% down. SPU’s…sustained price action and a close under 1954 … Continue reading
A.M. Look 9/30/14
Stocks… IWM…ran the monthly ORL stops below 109.86. Sustained price action and a close below this level opens the door to 107.44 ( the qtrly ORL #). Spu’s…1958.50 filled my downside objective for this move. Price action and a close … Continue reading