FRED

Futures (ES, NQ, GC, CL) – 28 June 2017

28 June 2017

Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)

Futures (ES, NQ, GC, CL) – 27 June 2017

27 June 2017

Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)

Futures (ES, NQ, GC, CL) – 23 June 17

23 June 2017

Daily status of the futures of Gold (GC), WTI Crude (CL), Nasdaq 100 (NQ) and S&P 500 (ES)

Options – 18 December 15 Monthly Income – Bull PUT on SPX

Update

14 December 2015

We closed this CALL credit spread and bought it back for $0.05. Overall, it was a small profit to be redeployed for the next trade.

8 December 2015

We sold a monthly CALL credit spread at 2135/2145 for $1.10. The total Return-on-Risk for this new trade is 1.10/8.90 = 12.36 % excluding transaction cost. The PUT credit spread was closed for $1.75.

27 November 2015

We sold a monthly PUT credit spread at 2015/2005 for $1.15. The total Return-on-Risk for this new trade is 1.15/8.85 = 13.00 % excluding transaction cost. Expiration is at 9:30 am, 18 December 2015 (EST)

Options – 21 August 15 Monthly Income – Bull PUT on SPX

Update

21 August 2015

This PUT credit spread expired worthless. The Settlement price was 2015.47.

13 July 2015

We sold a monthly PUT credit spread at 1980/1970 for $1.30. The total Return-on-Risk for this new trade is 1.30/8.70 = 14.94 % excluding transaction cost. Expiration is at 9:30 am, 21 August 2015 (EST)

Options – 17 July 15 Monthly Income – Bull PUT on SPX

Update

13 July 2015

We closed this trade by buying it back for $0.05. Option expiration is this coming Friday morning.

15 June 2015

We sold a monthly PUT credit spread at 1980/1970 for $1.30. The total Return-on-Risk for this new trade is 1.30/8.70 = 14.94 % excluding transaction cost. Expiration is at 9:30 am, 17 July 2015 (EST)

Options – 18 June 15 Monthly Income – Bear Call on SPX

Update

5 June 2015

We closed this trade by buying it back for $0.05. Option expiration is another 2 weeks away.

18 May 2015

We sold a monthly CALL credit spread at 2185/2195 for $1.05. The total Return-on-Risk for this new trade is 1.05/8.95 = 11.7 % excluding transaction cost. Expiration is at 9:30 am, 19 June 2015 (EST)

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Background
I am Jeff Toh and founder of the Academy of Stocks, Options, Futures and Forex. I am a Chartered Market Technician (CMT) with over 30 plus years of investing experience. Over the years, I have invested in mutual funds and stocks and traded in options, stocks and futures. I was an engineer in the telecommunications and broadcast industry for about 27 years since graduating from the University of Canterbury, New Zealand in 1986. One of my majoring subject was Expert Systems which has evolved and grown into Artificial Intelligence (AI, 爱) which I have utilised it in my trading systems.

Over the years, I have maintained an interest in AI (爱) and has seen its tremendous progress. Now, with the same dedication that I have spent over the nearly 3 decades in engineering and management, I am pioneering the use of algorithmic and AI (爱) in trading the global stocks, futures and forex market especially in the Asian region.

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17 May 2019 – A Down Week, Trade War is On!


Indices (Weekly chart)
Dow Transportation closed at 10491.85 with a spinning top doji candle below its 8 EMA, 50 SMA and on its 21 EMA and above its 200 SMA. Weekly trading range was 427.84. Intermediate Cycle is positive with rising slope. Short term cycle is positive with falling slope. Market direction:- Buy.     

Dow Industrial closed at 25764.00 with a spinning top doji candle below its 8 EMA, on its 21 EMA and above its 50 SMA, 200 SMA. Weekly trading range was 735.12. Intermediate Cycle is positive and falling slope. Short term cycle is positive and falling slope. Market direction:- Sell.   

Russell 2000 closed at 1535.7632 with a bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Weekly trading range was 52.72. Intermediate Cycle is negative and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.      

Nasdaq 100 closed at 7503.6796 with a bullish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 323.38. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.         

S&P 500 closed at 2859.53 with a spinning top doji candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Weekly trading range was 90.72. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.

Metals and Commodities (Weekly charts)
WTI Crude oil futures (CL) closed at $62.87 per barrel with a spinning top doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 3.18. Intermediate Cycle is negative and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.

Gold futures (GC) closed at 1277.4 with a low closing spinning top doji candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Weekly trading range was 29.6. Intermediate Cycle is positive and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell.   

Bonds (Weekly charts)
Bond futures (/ZB) closed at 149’21 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Weekly trading range was 1.81. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.         

High Yield bond ETF (HYG) closed at 85.94 with a spinning top doji candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 0.81. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.         

Currencies (Weekly charts)
The dollar index ($DXY) closed at 98.013 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 1.006. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy. It is in a Squeeze.

EUR/USD closed at 1.1158 with a bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 0.0108. Intermediate Cycle is negative and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell.       

USD/JPY closed at 110.04 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 1.171. Intermediate Cycle is negative and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell.    

Relative Strength – Sectors
On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLV, XLU, XLK, XLP, XLY and XLB respectively.

On a 3-monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLP, XLY, XLF and XLU respectively.

Market Internals
Market Sentiment is bearish. Market Breadth is sloping downwards showing more losers than gainers. Volume Acc/Dis is sloping upwards showing accumulation. Skew is at 118.69. Vix is at 15.96 and Vix futures 16.02.

The Week Ahead
The week closed with bearish candles in the indices. SKEW is normal. Vix is below 16 and Vix futures is below 17. Market internals are showing mixed signals. Market sentiment is bearish. The prognosis is for strong selling pressure in a volatile market.

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16 May 2019 – Executive Order to Stop Hua Wei

Indices
Dow Transportation closed at 10605.61 with a bullish marubozu candle above its 8 EMA, 50 SMA, 200 SMA and below its 21 EMA. Daily trading range was 182.71. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25862.68 with a bullish marubozu candle above its 8 EMA, 200 SMA and below its 21 EMA, 50 SMA. Daily trading range was 309.61. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and rising slope. Market direction – Sell. 

Russell 2000 closed at 1557.2392 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 18.90. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7580.1423 with a bullish candle above its 8 EMA, 50 SMA, 200 SMA and below its 21 EMA. Daily trading range was 124.265. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2876.32 with a bullish marubozu candle above its 8 EMA, 50 SMA, 200 SMA and below its 21 EMA. Daily trading range was 41.19. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

Continue reading 16 May 2019 – Executive Order to Stop Hua Wei

15 May 2019 – Plenty of Bulls

Indices
Dow Transportation closed at 10475.08 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 168.15. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25648.02 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 382.95. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1548.2713 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 20.58. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7503.2456 with a big bullish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 170.322. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2850.96 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 43.6. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

Continue reading 15 May 2019 – Plenty of Bulls

14 May 2019 – Small recovery in indices

Indices
Dow Transportation closed at 10454.97 with a bullish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 223.09. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25532.05 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 363.97. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1543.0584 with a bullish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 24.84. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7401.8837 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 124.893. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2834.41 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 40.67. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

Continue reading 14 May 2019 – Small recovery in indices

13 May 2019 – China retaliates, market falls

Indices
Dow Transportation closed at 10305.85 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 372.24. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25324.99 with a bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 719.86. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1523.0012 with a huge bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 52.72. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7324.1322 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 282.887. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2811.87 with a bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 79.97. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

Continue reading 13 May 2019 – China retaliates, market falls

10 May 2019 – Weekly Review – Trade War is On


Indices (Weekly chart)
Dow Transportation closed at 10602.19 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 585.9. Intermediate Cycle is positive with rising slope. Short term cycle is positive with falling slope. Market direction:- Buy.     

Dow Industrial closed at 25942.37 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 1035.09. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.   

Russell 2000 closed at 1572.9928 with a bearish candle below its 50 SMA, on its 8 EMA and above its 21 EMA, 200 SMA. Weekly trading range was 72.23. Intermediate Cycle is negative and rising. Short term cycle is positive and rising. Market direction:- Buy.      

Nasdaq 100 closed at 7586.5311 with a bearish candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 418.975. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.         

S&P 500 closed at 2881.40 with a bearish candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 120.25. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Buy.

Continue reading 10 May 2019 – Weekly Review – Trade War is On

9 May 2019 – On the eve of Trade War

Indices
Dow Transportation closed at 10627.37 with a hammer candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 160.7. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25828.36 with a hammer candle below its 8 EMA, 21 EMA, 50 SMA and above 200 SMA. Daily trading range was 449.94. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1570.0567 with a hammer candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 28.125. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7582.7464 with a bullish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 144.84. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2870.72 with a hammer candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 43.02. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

Continue reading 9 May 2019 – On the eve of Trade War

8 May 2019 – Trade Uncertainties

Indices
Dow Transportation closed at 10638.22 with an inverted hammer candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 123.82. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25967.33 with a low closing spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA and above 200 SMA. Daily trading range was 228.69. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1574.9748 with a bearish marubozu candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 12.504. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7617.55 with a doji candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 85.07. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2879.42 with a doji candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 24.68. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Mrket direction: Sell.    

Continue reading 8 May 2019 – Trade Uncertainties

7 May 2019 – Market pullback on trade war fears

Indices
Dow Transportation closed at 10670.47 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 345.38. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 25965.09 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and above 200 SMA. Daily trading range was 648.77. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. 

Russell 2000 closed at 1582.3116 with a big bearish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 43.49. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Nasdaq 100 closed at 7640.1491 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 221.48. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2884.05 with a big bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 69.87. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Mrket direction: Sell.    

Continue reading 7 May 2019 – Market pullback on trade war fears

6 May 2019 – Trump pushes market off the cliff

Indices
Dow Transportation closed at 10902.01 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 201.87. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 26438.48 with a big bullish candle below its 8 EMA and above its 21 EMA, its 50 SMA, 200 SMA. Daily trading range was 471. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1614.9756 with a big high closing doji candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 29.53. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Nasdaq 100 closed at 7794.0929 with a big bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 182.805. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2932.47 with a big bullish candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 47.43. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Mrket direction: Sell.    

Continue reading 6 May 2019 – Trump pushes market off the cliff