Tag Archives: S&P 500 Futures

A.M. Look 12/11/12

Goog…there are weekly stops under 682 with 678 the first fib support. 665–670 is a higher probability level to look for a bounce. PCLN…619 was last qtr’s close. Below here we’re looking for the low 590’s. AAPL…nothing has changed. Closing … Continue reading

A.M. look 12/10/12

Euro…128.46 followed be 127.50 ish are the relevant support levels. 30 yr. Bonds..we placed orders to sell on Friday @ 152.14-17 (H).  Cancel these orders, however we will look to sell them at this level if and when they get … Continue reading

A.M. Look 12/7/12

Welcome to Pearl Harbor Day. Seriously, this is just another un-enjoyment day when my best work will be done with my trading mask and mail gloves on. Spu’s…1427-32 is resistance…Mid 90’s then the mid 80’s on the downside..the levels have … Continue reading

A.M. Look 12/6/12

AAPL…anywhere between 525-536 is potentially a bear trap today. Selling weakness into this area is not good risk management. Sustaining below 525 the acceleration can continue. NATGAS…3.47 has been support and the upside pivot for the past month. 3.72 is … Continue reading

A.M. look 12/5/12

Spu’s…need all new strength over 1414 or all new weakness under 1400. EUR/JPY ….106.91 is the key closing hold level. Euro…130.45 is the key closing hold level. Oil..89.00 will be early resistance. Sustaining above 89.50 will be the first sign … Continue reading

Matching up the next possible low

Goog…678-81 is the next support. Then look for it to travel in $10 increments. AAPL…563 +- a couple is the next level. BKX…it’s presently sitting on a 50% fib for this last swing ( 47.80 ish), which is a must … Continue reading

A.M. Look 12/4/12

Spu’s…price action back above 1414 will trap the new shorts from yesterday. Nasd 100 is holding around it’s 200 day. This needs some price separation from this zone for new direction. Gold…has filled out it’s downside on the long term … Continue reading

ORL…Pattern Alert!!

Spu’s…closing under1409.75 would once again be price negative. Nasd…the level here is 2267.25 which is also the 200 day Mvg avg.                                

CQG_IC_Chart_EP_US_Daily_Continuation.gif… SPU/BONDS

Spu/Bonds are hanging around the 200 day. 150.15 is a level in the Dec (Z) 30 yr. that does not go away. App 149.02 (H) today. Be mindful of early NYC trading going into late London (8:30-10:30 CDT) for directional … Continue reading

A.M. Look 12/3/12

Equity Indices…No change from last week. We expect to see some early positive flows (buying). This means the day will be a time frame trade and we’ll remain vigilant for changes in capital flows. Copper…365-8 is the resistance area, only … Continue reading