Tag Archives: S&P 500 Futures
SDS Trade Alert!!…Risk Off?
The energies act abominable after blowing off in the early A.M. Aussie and Euro both put in good highs which could hold for a while. You either sell the equity indices against today’s high or you look for an alternate … Continue reading
CADJPY | Daily Chart
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 excellent Risk barometer that has been highly correlated with the S&P 500. Watch for general mkt tone.
A.M. Look 6/7/12
Nasd (M)…2574 is Fib resistance…2571 is the weekly ORH level with stops above. Spu’s (M)..1322 Fib resistance ….1334.20 is the weekly ORH level with stops above. This is also a 50% re-trace of the entire move. 1345 would be the … Continue reading
A few levels to watch
Spu’s…1320 is the first 30% from last months high Nasd… 2560 is the same level. XLE.64.60-70 CAT…88.50 ECA…21.15-18…closing above tgt’s 21.90 MMM…84…then 84.50 IBM…by maintaining and closing over 192.90 the next tgt is 195.40 The rest of the day will … Continue reading
SSO ProShares Ultra S&P500 Chart
ETF traders….48.90-49.00 is your key hold level. 49.75-93 is closing resistance. This chart looks exactly the same as the Futures.
A.M. Look 6/6/12
Welcome to the Mid -Week Shuffle… Gold…could go as high as 1650 Platinum…stops are over 1674 Spu’s …1292.50 should be early support. 1300 is early resistance. Nasd…2496 is early support. 2527-24 is the 18day mvg avg. and the monthly close. … Continue reading
A.M. Look 6/5/12
OIL, Euro, Aussie & Spu’s all rallied to their upside pivots last night and failed. General Comments… We’ve gone from one end of the spectrum..rallying into resistance ( another rally to nowhere) through the Asian session right back to near … Continue reading
A.M. Look 6/4/12
Full Moon Trading Tonight, that means half the world has their Ouija Boards out and you should have your track shoes on. Spu‘s…the downside levels will remain static. 1252.60 is last years close. 1243 is the next meaningful Fib support. … Continue reading
A.M. Look 6/1/12
The past 2 unemployment reports have marked a high in the Stock Indices and a low in the Bond Futures. Unemployment Fridays always become big inflection points for the Gold & Silver, generally marking significant highs and lows on increased … Continue reading
A.M. Look 5/31/12
AUD/USD…the levels coming down are as follows…96.64…95.74 Fib support ( 1/2 way back for the past 2 years),then 93.91 which would match up with the eventual swing count tgt. Copper…32760-32840 followed by the 200 day @ 32200 EUR/JPY…97.01 is the … Continue reading