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)

3 February 2016 – What a day for the bulls and bears!

It was a day of panic selling from the opening bell and a day of recovery when the price of oil reversed upward.

Dow Transportation sold off on market open with increasing panic selling in the first hour of trading. It lost about 130 points in an hour before the bulls stepped in and moved the market upwards for the rest of the day to close with a spinning top high closing doji candle. Pivot momentum has reversed upward. Short term buying pressure is at 100% showing strong buying support with volume. Daily fractal support and resistance are at 6644.17 and 7001.81 respectively.

Dow Industrial sold off on market open with increasing panic selling in the first hour of trading. It lost about 230 points in the first hour before the bulls stepped in to stem the panic. The index reversed higher for the rest of the day and closed with a bullish spinning top doji candle. Pivot momentum has reversed upward. Short term buying pressure is at 100% which means a strong buying support with volume. Fractal support and resistance are at 15863.72 and 16510.98 respectively. The Dow Industrial is in a monthly Squeeze.

Russell 2000 started with a slow sell-off and which picked up momentum in the first hour and half before buyers stepped in. It lost 20 points in an hour before reversing upward for the rest of the day and closed with a spinning top doji candle. Pivot momentum remains downward. Short term buying pressure is at 23% which means more selling pressure and no little buying pressure. Fractal support and resistance are at 958.47 and 1037.27.

Nasdaq 100 sold off in the first hour of trading, bounced and tested support in afternoon trading. The bulls stepped in and closed it hammer candle. Pivot momentum remains downward. Short term buying pressure is at 61% which means there are volume buying coming into the index. Fractal support and resistance are at 4111.93 and 4301.63 respectively.

S&P 500 dropped on market open as it catches up to the index futures. It range traded for the first two hours before grinded downward for the rest of the day and closed with bearish Marubozu candle. Pivot momentum has reversed down upward. Buying pressure is at 38% which means there is nett selling pressure. Fractal support and resistance are at 1872.7 and 1947.2 respectively. The S&P 500 is in a monthly Squeeze.

Vix remains at 21.67. Oil saved a panicked market when buyers came in and is now trading at $32.59 per barrel. Gold continues to soar with good volume support as investors seek the safety of gold in a volatile market.

Market sentiment has turned bullish. Market breadth has turned upward. The indices are trading sideways in a volatile market environment with big swings up and down. Short term buying pressure are shown in the indices with the exception of the Russell 2000. The indices have monthly Squeezes which are giving advanced warning of big moves ahead.

 

To YOUR wealth!

Note: We are using ViCS trading system to do our daily market analysis from here on. It is our latest research and development and we now introduced volume into our analysis on the price action.

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