Tag Archives: S&P 500 Futures
S&P 500 Futures
1258 is the Point_&_Figure resistance matching 1261 Fib resistance. Traders playing from the long side should lighten up here.
S&P 500 ….Price Action
The market acts horrific.. New shorts will be initiated on new lows. You’ll see these new shorts getting trapped all day. Day- Traders, be patient for the small pops. Until you get price action back above 1254 the shorts are … Continue reading
A.M. Look 8/3/11
Now for this week’s episode of the mid-week shuffle. We just had one monster break to unchanged on the year in the S&P. The average big move in the SPU is 80-100 points. We just got the FULL MONTY! Today, … Continue reading
A.M. Look 8/2/11
It’s a risk off world. The major indices are in a tug of war with the DJI & Nasd seeing a relative safety bid ( they’re maintaining above their respective 200 day mvg avg’s) and the SPU,Russell and Midcap all failing. The big … Continue reading
30 Yr. Bond Futures…TBT…SPU/BONDS
129.09 is the 2/3rds fib on the short swing.. The bigger area is 129.15 ish ( this is where we sold the Bonds last fall for the trade down to 122)… The board is still showing Short stocks/Long Bonds…. The … Continue reading
S&P 500 Futures
As you can see from this pattern..it is not a pretty picture! Attempting an outside reversal lower day… A close today is needed above 1279 minimally for the stocks to remain on a firm footing. It would be better if … Continue reading
Day Traders…SPU
That was quick…That low has the potential to hold at 1275… Opening range traders just got a 30 point move…take the money and run! Why…EUR/CHF came to close to 110.50 tgt matching 142.50 EURO USD/JPY has to close the day … Continue reading
A.M. Look 7/29/11
It’s the last day of the Month: The overnight low in the Spu was app the 200 day mvg avg. ( 1282 ish), NASD shows value at 2295-2310 first time down…I would still like to see AAPL print 378-80 to … Continue reading