Tag Archives: S&P 500 Futures
SPU/BONDS
Per Langer’s A.M. matrix..1305 SPU & 12312-14 Sep 30 yr. (30% Fib retrace on the year) will be pivotal for the rest of the day. New strength in the S&P above 1305 and all new weakness below 123.12 is needed … Continue reading
Recap…Food For Thought
We’ve been bailed out by Greece? Truly frightening! Matches….the importance of matches! We try to paint a picture to illuminate the best set ups. Today you saw that, both the Bund and U.S. 30 Yr., achieved their near term tgt’s. The Sek … Continue reading
A.M. Look 6/20/11
A close today under the following levels in the Futures can lead to another swing down in prices: 1259 S&P, 2185 NASD,777.20 (also the 200 day) Russell,922.80 Midcap 400 ( with 200 day app 913). The bigger levels coming down … Continue reading
A.M. Look 6/17/11
I am getting that risk on feeling..Let’s keep it simple today.. Sep SPU holding above 1270 is positive…closing above 1274 and we’re doing the retraces back up. Nasd the #’s are 2200 for positive and a close above 2216, we … Continue reading
Recap
When markets are trying to top or bottom price action is generally violent. Couple that with the qtrly chart patterns in play, and it’s a game only for the professionally nimble day trading flippers. We were looking for this kind of … Continue reading
The Big Game
let me just touch on this one more time. The Stock indices have just come down to their respective “Qtrly” outside reversal #’s and held. These are Monster levels!! Closing below these numbers would be cataclysmic at month end. In … Continue reading
Trailing Stops S&P 500 Futures…SDS
The lows in the currencies and the Equity indices (highs in the Bonds) are good for now.. Let’s use a 1268 (SEP S&P Futures) intraday trailing stop on the remainder of any outstanding positions. ETF traders…if you want to pick … Continue reading
SPU/BONDS
Pay attention to this game!! The June 30 year just got the stops above the previous double top of 127.19. The S&P and Nasd 100 Futures are at big levels… Pressing the short side of the stocks indices or buying … Continue reading
Recap..
A point someone brought up late today was that I had no position in the NASD.. That’s correct..However, many of you do have on all or some of the correlated trades whether it was short the Midcap,Russell,OIL, long dollars ect., … Continue reading