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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)

29 January 2016 – A Japanese booster to the market

The market had a rocket lit underneath it when the Bank of Japan adopted negative interest rates for excess reserves placed at the bank.

Dow Transportation traded sharply upward on market open and a had a brief pause late morning before continuing on its way. It continued trading sharply upward and closed with big bullish Marubozu candle. Pivot momentum reversed upward. MPM is still showing nett selling pressure. Daily fractal support and resistance are at 6403.31 and 7013.8 respectively.

Dow Industrial shot up on market open and continued its run upward to close with a big bullish Marubozu candle above its 21 EMA. Pivot momentum remains upward. MPM is still showing nett selling pressure. Fractal support and resistance are at 15450.55 and 16593.52 respectively. The Dow Industrial is in a monthly Squeeze.

Russell 2000 shot up on market open and paused in late morning trading. It continued on its way upward in the lat two hours of trading and closed with a big bullish Marubozu candle. Pivot momentum has reversed upward. MPM is showing nett selling pressure. The index broke above fractal support at 1021.84 and closed at 1035.38. New fractal support and resistance are at 958.47 and 1160.38.

Nasdaq 100 shot up on market open and continued trading strongly upward. It broke above its fractal resistance at 4268.11 and closed at 4279.17 with a big bullish Marubozu candle. Pivot momentum has reversed upward. MPM is showing nett selling pressure. New fractal support and resistance are at 3992.91 and 4359.5 respectively.

S&P 500 shot upward on market open and continued with the upward momentum throughout the day. It broke through fractal resistance at 1908.85 and closed with with a big bullish Marubozu candle at 1940.24. Pivot momentum remains downward. MPM is showing nett selling pressure. New fractal support and resistance are at 1812.28 and 1950.33 respectively. The S&P 500 is in a monthly Squeeze.

Vix has dropped to 20.20. Oil continues to make steady gains and trading above $33 per barrel. Gold has strong buying pressure to hold steady and these two commodities are holding up the market for now.

Market sentiment is rather bullish. Market breadth is showing a positive slope upward. The indices have broken to the upside and the catalyst for the breakout was the BoJ announcement of negative interest rate. Market will remain volatile.

 

To YOUR wealth!

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