Tag Archives: S&P 500 Futures
A.M. Look 6/27/12
USD/JPY…As shown on the point & figure is coming into Yen resistance ( App 126.30 ish in the Futures) AUD/JPY…80.15 will be pivotal for general market tone. Maintaining above ( it’s Risk ON). Oil…as previously stated 6/25/12, has a trad-able … Continue reading
SPU | S&P 500 (Pit) Daily chart (Continuation)
Which way will they go… 1318-20 or 1293-87? Equity Indices are hovering around steady to higher on the month. Before this week is over I wouldn’t be surprised to see both. Less is more!!!
A.M. Look 6/25/12
Oil …sustained price action over 81 is needs for a meaningful rally. USD/JPY…has a weekly double bottom in @ 80.63. App ( 12409-16 Futures)….Point & Figure support is app 79.62 USD/JPY ( 125.73 Resistance Futures) EUR/USD….is into Point & Figure … Continue reading
A.M. Look 6/22/12
Spu’s…we’ll look for a rally back to challenge the trend line break out on the point & figure to short into the 30’s USD/JPY…80.45 is overextended the first time up. a retest of 79.80 App 125.25 in the futures is … Continue reading
SSO | Closing Trade Alert!
We’re seeing a big dollar rally which is not presently being translated into the buying of high yielding stocks. Sell the SSO @ the market if long.
A.M. Look 6/21/12
Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading
SSO | Trade Alert!
We’re Buying 50% position in the SSO @ the market with a stop at today’s low.
A.M. Look 6/20/12
Welcome to the mid-week shuffle Yesterday saw us get filled on some more AUD/USD shorts @ 102 The current board is still Risk On. The most I’m looking for is a break in the Spu’s to the low to mid … Continue reading
Euro Bund (10yr) Daily Continuation Chart
The Bunds as well as the U.S. 30 yr. have come into support zones. The Spu’s @ 1357 Matching 2628 the first time up. The Aussie printed over 102 , which means we have increased our shorts. We are now … Continue reading
A.M. Look 6/19/12
30 Yr. Bond Futures…look like they need sustained price action 6-8 ticks over last nights highs to start another thrust up. Euro Stoxx…21320 is the 18 day mvg avg and support. 21847 is the 50 day and resistance. DAX….62550 is … Continue reading