Tag Archives: Spu
Position Update… SDS
We have a small position “Long SDS”.. We know of lot of you have decided to stay on the sidelines. We want everyone to be on the same page as us, with no surprises in the A.M. as to phantom … Continue reading
Index Futures…Pattern Alert…Pit Sessions
A close below 1182.50 Chicago Pit session is needed for the Coup De Grace. 1182.50, 1176 then 1171 are levels that will react like the 1197.50-1206.50 on top. In other words, new shorts are unlikely to get rewarded at those … Continue reading
SDS…S&P 500 Futures…Risk Off
This has been a big trading market all year. There is no reason to think it won’t continue. That being said, you have to take your shots at the 6-8% trades when they avail themselves. That means selling the rallies … Continue reading
A.M. Look 11/29/11
In two years, this is a first for me…I’ve placed yesterday’s comments below. The levels have not changed. The game is still day trading the spread “Long Spu’s /Short 30 Yr. Bond”, while matching up your levels in the currencies … Continue reading
SDS…S&P 500 Futures…Timing
21.72-21.33 corresponds to the Futures level in the S&P 500 of 1197.50-1206.50. You’ve got an hour left in this capital flow. Then, short term guys can start looking for possible contra-directional moves in the equity indices.
A.M. Look 11/28/11
SPU…The big zone on top is 1197.50-1206.50. Expect price rejection the first time up. Bears…this is a good spot to try a short with limited risk. ( sell them before you buy them at this area) Aussie…100.50-60 should line up … Continue reading
A.M. Look 11/23/11
SPU’s..1171-1166 is a significant level. Generally areas like this are directional ( Bear) traps the first time into the zone. However closing below a level like this is quite Bearish. 1153 is the next Fib level. There is a very … Continue reading
Spu’s
Today’s End Game…. A close over 1197.30 @ 3:15 Pit session “Chicago”… This would put in a daily outside reversal pattern to the upside, trapping all the Bears again. The pattern foreshadows a “Risk ON” signal …possibly, with follow through … Continue reading
A.M. Look 11/22/11
Dealers choice…The board is shaping up to be a back and forth day trade. Trade what you see, pay attention to your time frames and take your money. Model Trading Portfolio…Current Holdings No positions Our view is that the rest … Continue reading