Tag Archives: S&P 500 Futures
S&P 500 Index & 30 Yr. Bonds
We’ve been talking about the Equity Indices being over baked on the upside since the beginning of May. So it took into the last week of May to give it up. Every technician on the planet has hold levels in … Continue reading
A.M. Look 6/5/13
Stocks.. Spu’s…we’re smack dab in the middle of a 25 point range. The downside breakout is 1620 sellers. Spu’s have to go 1631 bid to avoid lower. Nikkei…has to hold 12,940 Bonds… It’s all about Friday! FX… EUR/AUD… 136.86 is … Continue reading
Oil…Risk Indicators
WTI…93.65 +-10 ticks is resistance. 94.60 is the least risky place to try a short. USD/JPY…we’ve been looking for the Yen to run the stops back under parity (100). Yen did this and I do not wish to trade around … Continue reading
A.M. Look 6/3/13
Grains… Soybeans are leading this rally as they led the first wave up 2 weeks ago. Corn is still at resistance, however we expect this to give way to a rally to just over $7. JJG…will be a good way … Continue reading
Roller Coaster
The S&P 500 will take price action under 1653 to break and close under 1642 to confirm lower. 2998 is now the hold # for Nasd 100. A close under 2980 is needed for further downside. The only trade I … Continue reading
A.M. Look 5/28/13
A couple of closes above 1663.50 S&P 500 Futures, 3023.25 Nasd 100, 14.820 Nikkei are needed for more upside. All the equity indices are now at closing resistance. GOOG…price action over 880 will have managers looking to buy this instrument … Continue reading
S&P 500…Nikkei…GOOG…TM
The Equity indices have all hit there first support with Yen resistance at the same time this A.M. The Nikkei has to climb back over 14,770 tomorrow to trap short sellers and avoid an ORL week. S&P 500 Futures would … Continue reading
A.M. look 5/23/13
Spu’s …1628-30 is the first fib. Rally’s into the 50 ‘s the first time up should be sold. Nasd 100…2960 followed…2887 is the best level to look for a bounce.. SPY…a close today below 166.50 would have us looking for … Continue reading
Downside Tgt’s In the Indices
Spu’s …1628-30 is the first fibNasd 100…2960 followed…2887 is the best level to look for a bounce. The next set of sell stops are just below 2996. This is predicated on sustained price action below 1660 S&P 500 Futures and … Continue reading
Today’s Reversal levels for the Equity Indices
A close below these levels would be needed to signal a high for a sell off. Nasd 100…3008 SPU’s…1660 TFM…9931 Midcap..120770 SDS…38.62 (above) since this is a double short. The Midcap 400 is leading the profit taking. The Banking sector … Continue reading