Tag Archives: S&P 500 Futures

A.M. Look 6/9/11

Posted on 06/09/2011

This morning shows 127.19 to be a level of great interest in the (M) 30 yr. Bond. Price rejection at this level could lead to a double top pattern on the weekly. Bonds are getting into overbought territory. If this happens … Continue reading →

A.M. Look 6/8/11

Posted on 06/08/2011

The Nasd will have a total breakdown with a Futures close below 2266. AAPL… 322- 324.80 will be another good market tell. This represents the last of the monthly support and the 200 day mvg avg. Only sustained price action … Continue reading →

A.M. Look 6/7/11

Posted on 06/07/2011

We had a swing and a miss in the Corn yesterday. At least it was over fast! Our plan is to keep selling the rallies in the equities. Currency traders should be very wary of selling any kind of weakness … Continue reading →

A.m. Look 6/7/11

Posted on 06/06/2011

First a BIG Thank you for the hospitality and warm welcome shown by the San Francisco Traders Association this past week. I should be able to focus by Thursday! We would also like to thank the Mad Hedge Fund Trader ( … Continue reading →

A.M. Look 6/3/11

Posted on 06/03/2011

It’s very early in my particular time zone, the markets still show a risk off stance going into the unemployment # this a.m. The S&P #’s written will be as previously stated. ( 1309 close is the focus). It’s either Risk On … Continue reading →

S&P 500 Futures…Euro..Aussie

Posted on 06/01/2011

1309 is the weekly ballgame in the futures. Closing and sustained price action under this level in all likelihood will lead to a trip to the lows of the year.This is a Friday closing level. Extreme care has to be … Continue reading →

NASD…SPU…BUND…

Posted on 06/01/2011

2347-2339 is the area in the NASD that can trap the shorts. The NASD will need all new weakness under 2339 for follow through from this level. SPU..The game here is again which chart is the correct chart to follow, … Continue reading →

A.M. Look 6/1/11

Posted on 06/01/2011

It’s the first of the month again, let’s see how much buying we get from the cost average crowd in the equity indices this a.m.,Specifically we want to watch the early time frames for reversals of capital flow into 9 … Continue reading →

Price Action

Posted on 05/31/2011

We’re in the low volume time of the day. 1333.50 is the retest of Fridays pit session high. Price action later in the day, when NYC comes back from lunch, below this level will be negative. Metals…My only comment on … Continue reading →

A.M. Look 5/31/11

Posted on 05/31/2011

Some of the futures traders were taken out of their short S&P500 futures positions early last night. ETF traders should leave there stops in place. 1346.25 S&P 500 Futures is going to be a key level to close over for … Continue reading →