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)

22 February 2016 – Big Pre-market moves

The pre-market made a big move upward and the cash market was subdued.

Dow Transportation had a big pre-market move but the cash market session was subdued. The index range traded throughout the day and broke through its resistance at 7383.16 and closed with a bullish Marubozu candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%. New support and resistance are at 6794.32 and 7652.8 respectively.

Dow Industrial had a big pre-market move and range traded in the cash session. It broke above its resistance at 16485.84 and closed with a bullish Marubozu candle on the 50 SMA and above its 21 EMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%. New support and resistance are at 15503.01 and 17750.02 respectively. The Dow Industrial has exited its daily Squeeze but is still in its monthly Squeeze.

Russell 2000 had a big gap up on market open and range traded for the rest of the day. It closed with a bullish Marubozu candle above its 21 EMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 91.3%. Support and resistance remain at 943.1 and 1037.27.

Nasdaq 100 had a big gap up on market open and range traded for the rest of the rest of the day. It closed with a bullish Marubozu candle above its 21 EMA. Pivot momentum is upward. Short term volumetric buying pressure is at 100%. Support and resistance are at 3888.78 and 4301.63.

S&P 500 had a big gap up on market open and range traded throughout the day. It closed with a bullish Marubozu candle above its 21 EMA. Next target is 50 SMA. Pivot momentum remains upward. The volumetric buying pressure is at 99.9%. Support and resistance are at 1810.1 and 1947.2. The S&P 500 is in a monthly Squeeze.

Vix has dropped to 19.38.

Oil (/CL) futures made a big move and is trading at about $33.29 per barrel. Gold (/GC) futures closed at 1209.4 an ounce. Silver (SLV) ETF closed at 14.43.

Junk bonds (HYG) is trading higher at 78.31. Bonds ETF (TLT) closed at 130.94. Biotech (IBB) ETFs made small gain and closed at 263.62. Semiconductor ETF (SOXL) made small gain and closed at 20.35.

The USD/JPY traded higher at 112.98 which help the market.

Market sentiment continues to be bullish. Market breadth is sloping upward. Key resistances are above and the indices have to break through to move higher. If oil prices continue on its upward move, then it is likely the market will follow.

The prognosis is that the market continues to trend higher. The market is correlated with the oil market and it is the place to watch on the market direction.

 

To YOUR wealth!

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