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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)

17 February 2016 – More than a rebound. Upward trend continues

The market continued its upward momentum with solid convictions.

Dow Transportation gapped up on market open and had a strong upward momentum in the first hour and half. It then range traded for the rest of the week and closed with a bullish Marubozu candle in a trend continuation candle pattern. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%. Its next resistance target is at 7652.8. Support and resistance are at 6792.32 and 7652.8 respectively.

Dow Industrial gapped up on market open and traded upward for the rest of the day. It closed with a bullish Marubozu candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%. Fractal support and resistance are at 15503.01 and 16485.84 respectively. The Dow Industrial is in a daily and monthly Squeezes.

Russell 2000 gapped on market open and traded upward for the first hour and half. It then range traded for the rest of the day and closed with a bullish Marubozu candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 72.95%. Fractal support and resistance is at 943.1 and 1037.27.

Nasdaq 100 gapped up on market open and continued trading upward throughout the day. It closed with a bullish Marubozu candle in a trend continuation candle pattern. Pivot momentum is upward. Short term volumetric buying pressure is at 100%. Fractal support and resistance has changed to 3888.78 and 4301.63.

S&P 500 gapped up on market open and traded upward for the rest of the day. It closed with a bullish Marubozu candle in a trend continuation candle pattern. Pivot momentum remains upward. The volumetric buying pressure is at 100%. Fractal support and resistance are at 1810.1 and 1947.2. The S&P 500 is in a monthly Squeeze and just exited its daily Squeeze.

Vix has dropped to 22.31 as the S&P 500 rises.

Oil (/CL) futures is now trading at $33.50 per barrel. Gold (/GC) futures remains at 1209.5 an ounce. Silver (SLV) ETF remains at 14.54.

Junk bonds (HYG) made small gain and closed at 77.42. Bonds ETF (TLT) weakened as equity market rally and closed at 129.31. Semiconductor (SOXL) ETF made gains and closed at 19.48. Biotech (IBB) ETFs made gains as well and closed at 266.32.

The USD/JPY has doji candles for the last couple of days and is trading sideways at 114. EUR/USD is trading sideways at about 1.1137.

Market sentiment is bullish. Market breadth is sloping slightly upward. The indices continue to trade upward as oil prices continues to rally. The USD/JPY continues to stabilise.

The prognosis is that the market continues to be volatile. The upward momentum is expected to hold for this week.

 

To YOUR wealth!

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