Tag Archives: S&P 500 Futures
A.M. Look 4/18/12
USD/JPY…81.88 is the weekly ORH #. A close over this level Friday leaves room for a large move up in this Dollar. Yen Futures line up slightly different with a close under 122.25 needed for the ORL. Sustained price action … Continue reading
Equity Indices
The current highs are short term overextended. It remains to be seen whether we can continue to rally from these levels in both the SPU (1388.50) potential double top from last week and NASD Futures (2730) level. We’ll wait for … Continue reading
Short Equity Indices…Position Update/ W Trade Alert!
We are Stopped out of our remaining short Spus’. A close above 2693 will have a close out the remainder of our Long Qid/Short Nasd
Spu…Pattern Alert
A close over 1375.25 Puts in an ORH all session day. Intra day price action over this level will have the shorts running for cover.
A.M. Look 4/17/12
Spu’s…after putting in a lower low last night at the end of Asian session,markets reversed in Europe. Sustained action over 1375 will be positive. NASD…same story, a lower low right into major Fib support “2650’s” General Comments… We tried the … Continue reading
Now What?/ Position Update…Trade Alert!
PCLN…AAPL have given the market the big flush. AAPL…595-600 will now act as the upside pivot. They don’t have to any more downside damage today. NASD…You should have lightened up at the levels based off the Futures not the ETF’s. … Continue reading
A.M. Look 4/16/12
EUR/JPY…is a key feature of the board. This cross put in a ORL day on Friday right into the 200 mvg avg and is following through to the downside. 104.40 ish…then 103.50 are the next support levels. As long as … Continue reading
A.M. Look 4/13/12
We’ve seen a contra-trend trade into resistance in the Spu’s,Aussie,Euro, and Yen Crosses as well as the the commensurate re-test lower in the Bunds & 30 Yr. Bonds over the past 2 sessions. Now What? Spu’s..let them be your guide … Continue reading
Price Action
Distance traveled…Spu’s gave you 20 points…anything into the 1386-88 will be overdone today, just as the low 1350’s were overextended on the downside Tuesday. EWZ…has hit near term resistance. new closing strength is needed over 63.57 for more upside. AUD/USD…104.40-50 … Continue reading
A.M. Look 4/12/12
Last night saw some corrections in the Yen crosses, with EUR/JPY retesting the 200 day @ 105.93 and rallying. AUD/JPY…had the better bounce, however both have come up app 20-30 ticks short of anywhere is particular. The feature has been … Continue reading