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)

8 March 2016 – Market reversal

Once again, our indicator has shown itself to be accurate in predicting market turns. In this case, it indicated a short term market top and that was what happened to the market with over-enthusiastic buying.

Dow Transportation dropped on market open and range traded at its lower range for most part of the day and a sell-off in the last hour of trading. It lost 207.65 points and closed with a bearish Marubozu candle. Pivot momentum has reversed downward. Short term volumetric buying pressure is at 85%.

Dow Industrial range traded throughout the day within a 148 points range to close with a small spinning top doji candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 93.85%. The Dow Industrial is in its monthly Squeeze.

Russell 2000 sold off on market open with couple of hours of small pullbacks about midday before resuming its selling. It closed with a big bearish Marubozu candle. Pivot momentum remains upward. Short term volumetric buying pressure is at 89.3%.

Nasdaq 100 range traded in the first hour after market open before pushing higher. It range traded at its high during midday before selling off and closed with a low closing spinning top doji candle. Pivot momentum has reversed downward. Short term volumetric buying pressure is at 86.8%.

S&P 500 dropped on market open and traded downward for the first hour. It reversed upward but could not break new high and sold off in the afternoon session to close with bearish Marubozu candle. Pivot momentum remains upward. The volumetric buying pressure is at 91.27%. The S&P 500 is in a monthly Squeeze.

Vix closed up at 18.67. Skew is within a normal range at 123.53.

Oil (/CL) futures traded down $36.59 per barrel. Gold (/GC) futures is down at 1255.6 an ounce. Silver (SLV) ETF is at 14.62.

Junk bonds ETF (HYG) is down slightly at 80.40. Bonds ETF (TLT) made gains at 129.98. Biotech (IBB) ETFs lost ground and closed 260.13. Semiconductor ETF (SOXL) closed down at 22.71.

The USD/JPY is trading south at 112.65 which has put pressure on the market.

Market sentiment has turned slightly bearish. Market breadth continues to slope upward. The Dow Transportation and Russell 2000 moved south throughout the day which brought down the other indices.

The prognosis is that the market is undergoing a small pullback from over-enthusiastic buying. This takes out the late buyers which tends to be the retail players.

 

To YOUR wealth!

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