Tag Archives: S&P 500 Futures
A.M. Look 4/22/13
30 yr. Bonds…a close above 148.10 is needed for any attempt higher. 147.12 is Point & Figure support. Spu’s…1563 +- a couple is the qtrly pivot and short-term resistance. Nasd 100…2793 is the near resistance. 2800-10 remains our macro qtrly … Continue reading
A.M. Look 4/19/13
Vix…1820 is weekly resistance. 1542 is the 200 day and should bounce. 1462 is the lowest risk buy zone ( where you can sell the Spu’s the first time down) and make money. Spu’s…buy stops are 1553.50 leading to 1558-62 … Continue reading
Spu’s…Options Update…Trade Alert!
We’re Long the April 1530’s expiring tomorrow. We’re going to turn this into a Put spread by Selling the 1515 April Puts expiring tomorrow @ 310 or better.
Spu’s Trade Alert! Punt of the week.
We’re Buying the April 1530 Puts, which expire tomorrow, for 380.
Spu’s & Nasd 100
We’re looking at another opening range trade to the downside. Only price action over 1554 will hurt the shorts. The lower levels are static. Under the 1533 stops the high teens will be next. Nasd 100…there are 2757 resting weekly … Continue reading
Time Frame Trading
This capital flow can ebb in the next 20 minutes. Pressing direction at these levels is not wise. XLF…@ 18 is right on the 50 day mvg avg. Spu’s…1537-39 can trap directional players. Sell stops are @ 1533.75.
A.M. Look 4/17/13
Gold…needs to go 1365 sellers to go to the mid 1340’s. Resistance and the short term upside pivot remains at yesterday’s resistance of 1400. EURO…131.35 is the monthly ORH # , which makes it a pivotal level for the next … Continue reading
A.M. Look 4/16/13
Spu’s…need to maintain over 1556.50, yesterday’s break down level, to reverse up. Spu’s need to go 1548 sellers again and remain offered to achieve the 1530 1st macro support. 30 yr Bonds…147.18-21 will remain pivotal. This instrument still needs closing … Continue reading
Equity Indices…GDX…BAC
Spu’s…1562 +- a couple is the closing qtrly Pivot. Nasd 100…2810 +- a few. GDX…looks like it wants to test the long term stops under 27.15. BAC…needs to close over 12.30 for upside momentum. Once again investors were looking early … Continue reading
Oil…Position Update..
The next set of macro sell stops rest @ 89.87. We were taken out of our Long SSO shortly after the opening. We still have a 25% position in short 30 yr. Futures. After Lunch time In NYC we’ll revisit … Continue reading