Tag Archives: S&P 500 Futures
A.M. Look 6/18/12
Currency Futures expiration @ 9:15 CDT….Canada Tuesday ….Bond Futures Wed. Spu’s…1349-52 is Fib resistance and a possible weekly double top area. 1333 is the pivot. Nasd…2571 is a fib match with the 100 day mvg avg. 2610 is the 50 … Continue reading
A.M. Look 6/15/12….W/ JJG & USD/JPY Trade Alert!
We were stopped out of our remaining SDS per the intra-day instructions yesterday. Spu’s..1333…Nasd.. 2540…will act as macro pivots going forward…Need a definition? Click on the glossary! Let’s take this one step further for you situational traders. Yesterday’s lows were … Continue reading
A.M. Look 6/14/12
Gold…1630 is still capping the rally. Platinum…1471 is near term support. 1506-10 is near resistance. General Comments… We reduced our SDS exposure ( Risk Off) by 50% yesterday mainly because I am not a fan of coin flips. Any involvement … Continue reading
SDS…Trade Alert!!
Sell 50% of your Long SDS On the opening… We’ll be using an Intra-Day stop based off the SEPT SPU’s of 1322.50 for the remainder. I do not see this as a high percentage time to be making big directional … Continue reading
A.M. Look 6/12/12
General Comments… I’ve spoken to many of my longer time frame clientele ( Private Wealth guys and Money Managers) over the past few days. Many of you are looking for the old holy grail of buy and hold low frequency … Continue reading
Day-Traders…30 Yr. Bonds
The June 30 yr.Bond point & Figure runs into resistance around 150.06…App 149.18 ish Sept. This level should dictate the next swing in the Spu/Bond Spread.. You’ll need consistent & sustained price action above this level for more follow through … Continue reading
SDS…Trade (STOP) Update
The SDS is currently trading at our original stop level. The SPU’s Point & Figure shows new strength is needed over 1331 for a run back up. We’ll use a day stop trigger of 1332 futures or app 16.25 ish … Continue reading
A.M. Look 6/11/12
We were stopped out of our remaining EUR/JPY on the opening last night. Date: June 7, 2012 7:22:56 AM CDT CAD/JPY & GBP/JPY…are both coming up to their respective 200 mvg avg’s. 124.07 GBP/JPY 77.96 CAD/JPY CAD/JPY is an … Continue reading
General Comments
The Equities are trying to change direction, they’ve been trying for the past 2 weeks. This week is the first clear indication that it might actually be happening. This is conceptual work that is a lagging indicator. There will be … Continue reading
A.M. Look 6/8/12….With EUR/JPY Trade Alert
Spu’s… closing below the 1308-09 level In (M) will be price negative. EUR/JPY…closing below 99.51 will be price negative the cross. Expect a test of the low 98 level for a starter. Copper…32780 is a level that can trap the … Continue reading