Tag Archives: S&P 500 Futures
Spu’s…Trade Alert!
Remaining and closing above 1519 is positive. Sustained price action below 1515 is needed for this to show any signs of weakness. My thought process was that if it were to give up the ghost it would happen over the … Continue reading
A.M. Look 2/19/13
Oil…by maintaining below 95.70 (H) we’re looking for 93. April oil becomes front month tomorrow and the #’s will line up differently. Copper…weekly support comes in between 365-366. 360 is the key monthly level with stops below. Silver…30.66 is mvg … Continue reading
Spu…Trade Alert!
We’re buying the March 1500 Puts for app 11 Dollars or as best you can
S&P Put Spread… Trade Update & Alert
We need to see a 1515 print in short order to stay with this trade. Since we’re off to meetings this A.M. we can’t watch. If the Spu’s don’t start moving down in the first few minutes of trading..EXIT! Only … Continue reading
A.M. Look 2/13/13
Oil…buy stops are 98.25. With inventories today you could see these elected. Look for this to move in 80 cent increments. 30 yr….are at the lower end of the recent trading range with the daily ranges close to a point. … Continue reading
S&P 500 Trade Alert!
We’re BUYING the 1510/1500 Feb Put Spread that expires Friday. The cost is app $2.25
Spu…Price Action
As long as the Spu remains above 1508 there is nothing for the Bulls to worry about. Under 1508 the shorts will try again. IBM…201.29 …then expect a test of 202.20-50 AAPL…This is the same technical picture as IBM…look for … Continue reading
A.M. Look 2/8/13
Spu’s…1512 bid gets it going. USD/JPY …92.19 (108.47 Futures)…91.30 (109.52 Futures) is the First big Fib back on the year. CAD/JPY…92.14 is support EUR/JPY…122.55 is first Fib support. Anything under 123 the first time down can bounce. GBP/JPY…144.95 is first … Continue reading
SDS…Trade Alert!
SDS…48.36 is the daily ORH# The weekly # (meaning tomorrow’s close) is 49.00 This level matches up with 1500 in the Spu.. We will honor this chart pattern on a “closing” basis. With a close above 48.36 we will go … Continue reading
A.M. Look 2/7/13
Spu’s…maintaining above 1512 would have traders looking for another 20 points. Closing below 1490 would be a short term pattern breakdown. 30 yr….buy stops rest above 144. Sell stops 142.20 Oil.. minor buy stops above 97.05 will lead to 97.50 … Continue reading