Tag Archives: S&P 500 Futures
A.M. Look 1/10/12
Spu’s…Mid Oct was the last time we saw these levels in the index. 1288-89 was the old high with 2408 in the Nasd. We were looking to get out of our longs around the 1319-25 level on that swing, which … Continue reading
Gold & Silver, EURJPY critical level | A.M. Look 1/4/12
Metals….all new strength is needed over 1628-30 in the Gold and $30 Silver to start another leg up. I think this will be a day trade until Friday at this point. We’ve seen 3 swan dives after unemployment #’s since … Continue reading
Risk Commodities, Risk Management A.M. Look 1/3/12
We are in the ” Trading what’s in front of us business” and translating that into returns. So we’ll just let the board unfold and do the same things that made us successful last year and the prior 37 years. … Continue reading
A.M. Look 12/16/11
Today is our last scheduled update into year end. We will be leaving for client meetings in Asia, returning just before year end. A big thank you to my clientele, you still make it enjoyable to stare at the screen … Continue reading
A.M. Look 12/15/11
Today is the last day for Dec. Stock Index Futures to trade. This day in September the close was 1204 in the S&P 500 expiring futures. Yesterday’s comments for Day Traders should be reviewed! Utilization time! We were looking for … Continue reading
A.M. Look 12/14/11
EUR/GBP…This cross looks to be headed for 82. Dollar Index….80.43 is the Oct. high .By maintaining prices over 79.27, this looks to be breaking out on a qtrly chart. Meaning a stronger U.S. Dollar. SPU’s…The March contract still looks like it … Continue reading
EURO…SPU
130.60 Euro is the 2/3rds fib coming back for the past 2 years..( big level) Only a couple of closes below here will give lower tgt’s. Point & Figure Chart shows new price action under 1228.50 March S&P 500 Futures … Continue reading
A.M. Look 12/13/11
So far the Spu’s held right where they needed to @ 1221.50 for another bounce. Confirmation of the level was given by the commensurate matching levels in the Aussie, AUD/JPY, EURO and OIL all holding macro support levels yesterday into … Continue reading
AUD/JPY….Spu’s
78.00 is an important level. Closing below this area is negative Equities. Price action below 78 AUD/JPY shows 77.30 ish as the next significant area. SPU’s…The technical levels have not changed! At this point I would look for a test … Continue reading