Tag Archives: S&P 500 Futures
Risk Indicators…Platinum/Gold Qtrly gif.
This is a Risk Indicator which has been a big mover the first qtr of he past 2 years. We’ll go to the Tattoo parlor and have a reminder put on. Spu’s ..are 1/2 way back on the week. In … Continue reading
A.M. Look 1/29/13
Silver…31.22 is the short term resistance. Gold…1667-70 is daily resistance 30 yr. Bonds…needs above 144.02 for higher. Spu’s…need to get under 1489.50-90.50 for more downside. Yen Futures…anything close to 111 will be difficult +- 10 points. The Yen crosses all … Continue reading
A.M. Look 1/31/13
Spu’s…stillneed some sustained price action under 1490 for further downside. AUD/USD…needs under 103.80 to break further. (the futures are trading at a 35 point discount to cash) USD/INR…has been off our radar for a while. This is attempting an ORL … Continue reading
Equity Indices
Spu’s…need a close below 1491 for an ORL day. Russell..has a stranded close from yesterday and looks the most vulnerable. With tomorrow being month end we’ll soon see how willing investors are to book their profits.
A.M. Look 1/30/13
Oil…98.09-25 is resistance and the closing upside pivot. A couple of closes over this level will be needed for more upside. 30 yr….recovery over 144.02 is needed for a trad able low. Monthly stops are under 141.30. Euro…Eur/Aud…have all come … Continue reading
SP_US_Monthly_Continuation.gif
30 Yr…142.28 is the fib tgt we were looking for 3 weeks ago. We’re getting close… Spu/Bonds…are encroaching on a big monthly level.
Equity Indices…Pattern Alert!
SPU’s…1484.70 is today’s ORL# Nasd…..2705 Midcap…107760 Russell…89360 These are end of day ORL#’s Whether we put in a tradable top with a completion of this pattern or not, price action tomorrow below these levels will lead to some much needed … Continue reading
Spu…S&P 500 Futures
1474.50 was last years high. Day traders looking for a short should use a stop over the Globex high of 1476
A.M. Look 1/17/13
GS…by remaining over 139.20 this can seek 149 AAPL..511-515 is resistance with sustained action over 519 needed for higher. 498 is current support. AGQ…double long Silver has closed two days now over the 200 day. As long as this closes … Continue reading
A.M. Look 1/14/13
Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading