Tag Archives: S&P 500 Futures

A.M. Look 8/13/14

Stocks… Spu…1939-42 is resistance. 1952 is 50 DMA resistance.   Nasd 100…looks better than the broader market. 3910-15  is resistance and the closing upside pivot. Do not fade price action above 3920. Midcap 400…138600 is closing resistance.   DAX…9200 is … Continue reading

Midday Missive

The Miners are catching a bid with the European Equity sell off. GDXJ…is a low risk buy against 42.40 ABX…is breaking out to the upside as investors in Europe seek safe haven in the metals and the Miners. Both the … Continue reading

A.M. Look 8/12/14

Stocks… Spu…is caught between 1932 support & 1939 resistance. 1952 is 50 DMA resistance.   Nasd 100…looks better than the broader market. 3910-15  is resistance and the closing upside pivot. Do not fade price action above 3920. AAPL…sustained price action … Continue reading

A.M. Look 8/11/14

Stocks… Spu’s…1934 starts resistance with price action needed over 1937.50 for a run to 1952. Nasd 100…looks better than the broader market. 3910-15  is resistance and the closing upside pivot. AAPL…Friday’s low was a retest of the earnings report low … Continue reading

Friday Afternoon…the world loves Vladimir again!

SSO…I’m looking for this to trade up to 114.50 for a start. Closing over 115.50 is very Bullish. Spu’s…a close in the all session mini’s (EPU) over 1925.75 puts in an ORH day off a very oversold market. Look for … Continue reading

A.M. Look 8/8/14

Stocks… Spu’s…(Pit Session) put in an ORL day.  1874-57 is the low risk buy zone. SSO…104.25 is the 200 DMA. Nasd 100…3800-10 is support. A close over 3859 is needed for bottoming action.   VIX…14.80 is first support. Only a … Continue reading

Midday Missive

AAPL…96 is resistance NFLX…445 is resistance and the upside closing pivot. LCQ…Cattle is attempting an ORL day. 155.75 is mvg avg support. Weekly sell stops are @ 155.30 tgting 153.40. In short, the Spu/Bond Spread has yet to bottom. I’m … Continue reading

Midday Missive

The Italian 10 yr. Bond…. FBTPU4, which signaled the low in rates yesterday for all the major Bond markets, put in an ORL day and looks vulnerable to another 100 point drop with sustained price action below 127.45. Spu’s…put in … Continue reading

A.M. Look 7/30/14

Stocks… Nasd 100…3926 is daily support. Spu’s…holding 1958 keeps this Index on positive footing. A significant violation could see prices go into the low 1930’s. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of … Continue reading

A.M. Look 7/18/14

I will be traveling tonight into tomorrow. There will be no further updates this week. That will be me in a seat drinking away my sorrows for screwing up the Vix trade. Such is the nature of trading. Stocks… Spu’s…we … Continue reading