Tag Archives: Spu
Pattern Alert SPU…S&P 500 Futures
Yesterday’s pit session low was 1280.80. A close under this level is needed to put in an outside daily reversal to the downside. BIG LEVEL!
A.M. Look 1/11//12
Crop report tomorrow…..grain and Grain names will be in play Spu’s…Our focus will be limited to 2 levels…1280 & 1259.. 1280 will be pivotal early. Gapping below for the pit session and failing to rally back over would be bearish.. … Continue reading
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
A.M. Look 1/5/12
We’re presently trading around the buy levels suggested yesterday in the Aussie and Canada. Currency traders can give it a go… Buy a small long position @ the market if you didn’t have resting orders. We’re keeping it small because … 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