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)

29 Feb 2016 – Blue Ice failure in the indices

It was a bullish start pre-market and it looked like a recovery was on the way from the weekend sell-off but it was not to be.

Dow Transportation sold off and found support at 7357 in the first two hours of trading. It rallied upward to 7421 and met resistance and sold off in the afternoon and closed with a small bearish Marubozu candle. It is trading above its 50 SMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 81.6%.

Dow Industrial range traded in the first two hours of trading and rallied in mid-morning session. It met resistance and sold off in the afternoon and closed below its 50 SMA with a bearish inverted hammer candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 65.1%. The Dow Industrial is in its monthly Squeeze.

Russell 2000 traded upward on market open and met resistance at the 50 SMA. It sold off in late morning and throughout the day and closed with a bearish inverted hammer candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 94.7%.

Nasdaq 100 traded upward on market open and met resistance at 4263.31. It sold off in late morning and continued selling off throughout the day to close with a bearish inverted hammer candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 72.4%.

S&P 500 range traded in the first two hours after market open before rallying upward through its 50 SMA. It met resistance and sold off in the afternoon session and closed sandwiched between its 50 SMA and 21 EMA with a bearish Marubozu candle. Pivot momentum remains upward. The volumetric buying pressure is at 57%. The S&P 500 is in a monthly Squeeze.

Vix has gained and closed at 20.55.

Oil (/CL) futures made small gain to $33.64 per barrel. Gold (/GC) futures gained and is trading at 1244.8 an ounce. Silver (SLV) ETF closed at 14.20.

Junk bonds (HYG) is trending upward and closed at 80.08 above its 50 SMA. Bonds ETF (TLT) is up slightly at 130.98. Biotech (IBB) ETFs lose further ground and closed at 254.09. Semiconductor ETF (SOXL) was about even and closed at 21.16.

The USD/JPY traded lower which correlated with the general market and is trading at about 112.36.

Market sentiment remains bullish. Market breadth continues to slope upward. The indices traded higher and is largely above their 21 EMA but failed at the 50 SMA. Volumetric buying pressure in the indices is losing strength.

The prognosis is that the market is pulling back from its recent bullish action. We should see further pullback if it is to surge further upward.

 

To YOUR wealth!

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