Tag Archives: S&P 500 Futures
SDS…Bear Stance…Short S&P 500 Index
As of the close today, we’ll officially be short the S&P 500 with closes at present levels or lower. IF YOU GET ANY TYPE OF A RALLY LATER TODAY, YOU SHOULD TAKE THE OPPORTUNITY TO SELL SOME SPU’S AROUND 1363-4, … Continue reading
A.M. Look 3/5/12
The world is in profit taking mode since Lunch time in Asia last night. Yen…AUD/JPY..EUR/JPY..CAD/JPY..GBP/JPY.. crosses was where the action was last night. Yen Futures put in a double bottom pattern on a weekly chart right out of the gate, … Continue reading
A.M. Look 3/2/12
Stock Indices…are the tail end of the dog. The trade is terrible with the same grinding action. We have a weekly swan dive that is short lived. The opportunity is in the underlying instruments. Seemingly, everyday the dance partners change … Continue reading
Price Action…
Pain at the Pump… I am using new highs from the 9 A.M. # ( 1274 SPU) to close out our Long SDS position… 107.90 (AUD/USD) 107.70 H Futures for trailing stops the rest of the day EURO…The low is … Continue reading
A.M. Look 3/1/12
This portfolio is about as Risk Off as I get. Time will tell whether the patterns are true, or if we were just subjected to another 1 day wonder. In general, it takes a couple of days to change direction, … Continue reading
Spu’s…Portfolio Insurance…Euro
The Good news is I haven’t let myself get sucked into selling a break with the Europeans for the past 80 handles in the S&P. The bad news is that I did it today, and I did it Via the … Continue reading
Time Frame Trading…Trade Alert!!
We’ve just seen massive pukes across a lot of asset classes to major Support zones.. The Euro, by remaining under 133.90, looks like the most vulnerable instrument.. We need confirmation late in the day below 1364 in the Spu’s, however … Continue reading
Pattern Alert…Euro…Spu’s
EURO….a close below 133.89 puts in an ORL daily pattern SPU’s..a close below 1364.80 SPH puts in an ORL daily Pattern Gold just hit near term support @ 1720
A.M. Look 2/29/12
LTRO was a big yawn… The commodity currencies are leading the crosses this A.M. USD/CAD…a close under 99.06 USD/CAD is needed for an ORL week. ( over 100.90 H Futures). 99.29 USD/CAD ( 100.69 H Futures) is where the 50 … Continue reading
A.M. Look 2/27/12
Yen…missed the long -term sell stops in the Futures by 13 ticks @ 123.43,( 81.75 USD/JPY) just after the opening last night. Since the opening hour, the board has been in “Risk Off” profit taking mode. 80.30-40 USD/JPY needs to … Continue reading