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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)

9 February 2016 – Market is coiled

It was a volatile day with large movement in the indices.

Dow Transportation continued its grind upward from market open and close with a small spinning top doji candle. It has been trading below its 7000 level for a couple of weeks now. Pivot momentum remains upward. Short term volumetric buying pressure is at 100.0%. Fractal support and resistance are at 6655.86 and 7069.16 respectively. The index is in a daily Squeeze.

Dow Industrial range traded for the most part of the day with a final short rally towards the end of the day. It closed with a small doji candle in an otherwise sideway momentum for the last three weeks. Pivot momentum remains downward. Short term volumetric buying pressure is at 97.24%. Fractal support and resistance are at 15960.66 and 16485.84 respectively. The Dow Industrial is in a daily and monthly Squeeze.

Russell 2000 range traded on market open and closed with a small doji candle below its 21 EMA. It is the weakest of the five indices. Pivot momentum remains downward. Short term volumetric buying pressure is at 0% which mean a strong selling pressure. Fractal support and resistance are at 958.47 and 1037.27. The index is in a daily Squeeze and is poised to break out to the downside.

Nasdaq 100 range traded throughout the day with swings up and down. It closed with a small spinning top doji candle below its 21 EMA at 3947.8. Pivot momentum remains downward. Short term volumetric buying pressure is at 16.35% which means strong sell-side pressure. Fractal support and resistance are at 3787.23 and 4301.63 respectively. The index is in a daily Squeeze.

S&P 500 gapped down on market open and then rallied in the first forty minutes after market open. It was sold off and range traded for the rest of the day and closed with a spinning top doji candle below its 21 EMA. Pivot momentum remains downward. The volumetric buying pressure is at 70.15%. Fractal support and resistance are at 1812.29 and 1940 respectively. The S&P 500 is in a daily and monthly Squeezes.

Vix has increased to 26.54 showing increased fear in the marketplace.

For commodities, oil (/CL) price dropped to $28.31 per barrel. Gold (/GC) continues to show strength and is trading at 1189.7 an ounce. Silver (SLV) traded sideways.

Junk bonds (HYG) continues to sell-off. The Semiconductor (SOXL) and Biotech (IBB) ETFs continue to face selling pressure.

All the indices are in a daily volatility compression coiled to breakout in either directions.

Market sentiment is neutral. Market breadth has turned downward. The indices face strong selling pressure and are coiled in Squeezes. The prognosis is that the market is poised for big moves in either direction.

 

To YOUR wealth!

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