Tag Archives: S&P 500 Futures

A.M. Look 7/18/12

Welcome to the Mid-Week Shuffle… Copper…347 will be a pivotal level for tone on the Risk paradigm General Comments… Euro continues to be the easier short on rallies for the Risk Off crowd. Markets in general are winding up for … Continue reading

Luncheon Strategy?

Spu’s…just as a close below 1343 is viewed as negative (ORL), a close above 1352 puts in an ORH day. Closing strength over 1357 is needed for higher prices. Nasd 100…2562.50 is the Pit ORL…2585 is the Pit ORH.. Now … Continue reading

The Big 3…Spu..Nasd 100…EWZ… Pattern Alert! + Euro

All three are attempting ORL days. EUR/USD…needs a close below 121.75 Watch the levels late day and how they react against yesterday’s lows on any rally intra day! These are Risk Off Patterns…               … Continue reading

A.M. Look 7/17/12

Oil… 86.60 is support…89 – a couple is a potential double top. Gold & Silver…both need higher for breakouts to the upside. General Comments… Have fun trading Ben’s testimony. I’m not sure why anyone would think the Fed would be … Continue reading

A.M. Look 7/16/12

Soybeans…(X) Nov. we’re looking for a 16.30 print. Sustaining over 16.50 could lead to another dollar up. Corn…7.55 will be pivotal. Natgas…closing above 2.95 or under 2.70 is needed for a breakout. Cotton…put in an ORH week by closing over … Continue reading

Things to watch end of day…

CAT…a close over 80.80 AAPL..closing back over 605-6 Would screw the most amount of people. Oil…price action over 86.40 would lend support to the indices. The end of the capital flow going into London’s close saw the reversal. Unlike yesterday … Continue reading

A.M. Look 7/12/12

Spu’s…as long as the Spu’s don’t close back over 1341 the board will trade Risk Off. Closing today under 1333 will be negative and have us looking for another 40 points of downside. 1324.50 Spu matching Nasd 2540 can be … Continue reading

A.M. Look 7/11/12

Welcome to the Mid-Week Shuffle… Oil…83.00 +- 10 ticks is a key Fib level which we failed to reach yesterday. The oil never acted as bad as the Equity indices yesterday. 85.20 ish looks to be the top of value … Continue reading

Russell & Midcap 400 Pattern Alert!

The Midcap @ the 18 day and the Spu printing 1333 is all I need to see for now. It’s late in the day so beware the Bots! CYA time! Tighten up your risk parameters.

S&P 500 & Nasd 100 Pit …Pattern Alert!

A close today below 1341.20 SPU puts in an ORL daily pattern. A close today below 2591.00 Nasd 100 puts in an ORL daily pattern This is a price negative pattern.