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Marker Animations

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)

5 February 2016 – Market tanks

The jobs report came out and the market tanked. Is the US economy heading into a recession?

Dow Transportation range traded in the first hour before grinding downward for the rest of the day. It closed with a small bearish candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 84.55%. Fractal support and resistance are at 6644.17 and 7652.8 respectively. The index is in a daily Squeeze.

Dow Industrial grinded its way downward on market open. It closed with a small bearish Marubozu candle below its 21 EMA. Pivot momentum has reversed downward. Short term volumetric buying pressure is at 85.23%. Fractal support and resistance are at 15863.72 and 16510.98 respectively. The Dow Industrial is in a daily and monthly Squeeze.

Russell 2000 sold off on market open and traded downward throughout the day. It closed with a Marubozu candle below its 21 EMA. Pivot momentum remains downward. Short term volumetric buying pressure is at 0% showing strong selling pressure. Fractal support and resistance are at 958.47 and 1037.27. The index is in a daily Squeeze.

Nasdaq 100 sold off on market open and traded downward throughout the day. It closed with a bearish Marubozu candle at 4024.47. Pivot momentum remains downward. Short term volumetric buying pressure is at 30.1% which means increasing volumetric sell-side pressure. Fractal support and resistance are at 4111.93 and 4301.63 respectively. The index is in a daily and monthly Squeeze.

S&P 500 sold off on market open and continued trading downward for the rest of the day to close with a bearish Marubozu candle. Pivot momentum remains downward. Volumetric buying pressure is at 69.45% which means a weakening buying pressure. Fractal support and resistance are at 1872.7 and 1947.2 respectively. The S&P 500 is in a monthly Squeeze.

Vix has increased to 23.38. Oil pulled back slightly and is now trading at $31.00 per barrel. Gold continues to show strength and is trading at 1174.1 an ounce. With the exception of the Russell 2000, the rest of the indices are in Squeeze either in their daily or monthly charts or both.

Market sentiment has turned bearish. Market breadth has flattened. The indices are grinding upward and in their daily and monthly Squeezes. The S&P is forming a head and shoulder pattern. The prognosis is that the market is turning increasingly bearish. The weekly fractal resistance for the S&P 500 is at 1871.91 and if that is unable to hold, we will see the market heading substantially downward.

 

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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