Tag Archives: S&P 500 Futures
A.M. Look 11/30/12
USD/INR…Indian (Rupee) is putting in an ORL week, meaning the Rupee is bottoming and now starting to gain strength. I’m mentioning this because India is traditionally one of the largest buyers of precious metals for personal consumption. A strong Rupee … Continue reading
A.M. Look 11/29/12
Spu’s,Nasd,Russell,& Midcap…all put in ORH days. Resistance… Spu’s…1427-32 Nasd…2700-15 Russell…815-19 Gold, Silver, Platinum & Copper…Yesterdays lows were all good. They held their general support zones Oil…is still trading in a five dollar range and held the bottom of the range … Continue reading
SP_-_S&P_500_(Pit)_Daily_Continuation.gif
Everybody will be looking at the wrong chart today. The Pit only chart, which is a chart from the NYSE U.S. session will be the key. 1394 will be pivotal early. By not trading this price shortly after the 8:30 … Continue reading
A.M. Look 11/28/12
Full Moon Trading with the mid-week shuffle XLF… (Financials) put in an ORL day. Follow through to the downside is needed below 15.60 to trust the pattern. KBE… (Banks) same as above. This needs sustained price action under 23 for … Continue reading
A.M. Look 11/26/12
Spu’s…1410.50-1415 is the area Bulls need to see acceleration over for more upside. AAPL…574.50-580 is resistance. Closes over 582 are needed for more upside. Copper…351+- a point will be a key hold level. 30 yr. Bonds…151.06-15 is still pivotal. General … Continue reading
A.M. Look 9/21/12
USD/JPY…our tgt for this swing is 120 (Z) +-25 points in the Futures. app 83.30 CAD/JPY….83.20-50 should match up with the straight USD/JPY around 83 AUD/JPY…remains firm by remaining over 84.50 GBP/JPY…133 is next. A good close over this level … Continue reading
A.M. Look 11/20/12
Oil…88.40-60 is where the acceleration took place yesterday and is now support. 90.45-85 is the next hurdle zone with Fib and mvg avg resistance. 30 yr…this is the key to today’s trade. By violating and remaining under 151, there is … Continue reading
Spu’s
Futures Traders…the likelihood of rallying 40 points to the 200 day and extending the first time up through 1380 is not a high probability. The market needs to breathe and back and fill first. Trade accordingly!
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A.M. look 11/19/12
USD/CAD…price action under 99.85 should help with a Risk On Board. ( App 100.10 Futures) OIL…86.65 will be a short term pivot. With a Risk on board, look for 88.60 and then 90. 30 Yr….150.15 should still be good hold … Continue reading