Tag Archives: Spu
S&P 500 Futures
1176.70 will become pivotal support the first time down today. A weekly close (Tomorrow) over 1206.75 is needed for an outside reversal week to the up. In the meantime trade what you see…you’ll get your opportunities both ways again today. … Continue reading
A.M. Look 5/24/11
Be patient today and wait to trade on your own terms. 141.60 ish Euro seems a low risk level to try and sell today with a tight stop. It is a little early to tell whether or not the Spu … Continue reading
Teaching Moment
Not being one to put out my % of nice winners or wine about my losers I have no problem admitting a mistake. I am human and we all make them, it’s part of trading! If someone tells you different … Continue reading
OIL…SPU…Gold
Oil is in a big range between 95.75 and 100.80. I should have left well enough alone this week. Right now the miners and the oil are keeping the indices buoyant. My strategy is to take the small loss in the SPU for … Continue reading
A.M. Look 5/9/11
The commodities are all back with a vengeance since the opening bell last night. Trading should be viewed as technical for the next couple of weeks. Focus on buying any good “big break” where you can manage your downside. Keep … Continue reading
SPU
Right about now everyone should be thoroughly disgusted with the fact I wet myself at the high of the day in the index and took the money.( yes we all do it) The stock indices are all failing. The big … Continue reading
S&P 500 Futures…Spu
We are closing the short side of this trade out @ the market.
Pre Unemployment Patterns…Risk Off
These levels do not change so please keep them. I will not re-visit these in the a.m. The crude just gave back 50% @ 99.40 of this years move and still going. I’ll start looking another 4 dollars lower for … Continue reading
Time Frame Trading
You have a double bottom in the Spu @ 1332 matching a very big level in OXY of 105.44….These need sustained price action back under to follow through, don’t get caught short in the hole. The end of this directional … Continue reading
Metals…S&P 500 Futures…Spu
We’re long Gold and Silver Etf’s ( GLD & SLV) against our short Aussie. I would need to see the Silver back above 38.25 in the futures to hold onto this leg. There is massive selling of the Euro and … Continue reading