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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)

11 March 2016 – Market continues its upward climb

The market was trading sideways and with the ECB announcement of more money printing, it brought in the bulls. Add in the previous week good job report, the market has turned bullish. On the global front, the South American economy is in a near depression state. China market looks to be stabilising and we could even see a turnaround in the Shanghai Stock Index. It closed at 2810.31 on Friday and it needs to climb above 3000 to show that it is back in business.

Dow Transportation climbed in pre-market trading and continued trading upward from market open. It closed with a bullish Marubozu candle within a morning star pattern above its 50 SMA which is pointing downward. Pivot momentum remains upward. Daily volumetric buying pressure is at 100% which means that the market has moved upward with volume support.

On the weekly chart, it closed with a bullish hammer candle next to a bullish candle. Next target is the weekly 50 SMA. It is now trading at 17.3% below its peak. Weekly volumetric buying pressure is at 100%.

Dow Industrial had a big move upward during pre-market hours. It grind its way upward during market hours and closed with a bullish Marubozu candle above its 200 SMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%.

On the weekly chart, it closed with a bullish hammer candle above the previous week bullish candle just below its 50 SMA. It closed at 6.2% below its peak. The Dow Industrial is in its monthly Squeeze.

Russell 2000 had a big move pre-market and continued trading upward till the end of the day. It closed with a big bullish Marubozu candle above its 50 SMA with the next target being the 200 SMA. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%.

On the weekly chart, it closed with a big bullish candle above its weekly 200 SMA and on its 21 EMA. Next target is the 50 SMA. It closed at 16.2% below its peak.

Nasdaq 100 sold off in the first hour after market open and then reversed upward. It staggered its way upward to close with a bullish Marubozu candl. Pivot momentum remains upward. Short term volumetric buying pressure is at 100%.

On the weekly chart, it closed with a bullish hammer candle above the previous week’s high. Next target is the weekly 50 SMA. It is now trading at 8.2% below its peak.

S&P 500 had a big move upward pre-market and it is also the start of the new futures contract. It continued trading upward throughout the day and closed with a bullish Marubozu candle above its 200 SMA. Pivot momentum remains upward. The volumetric buying pressure is at 100%. The S&P 500 is in a monthly Squeeze.

On the weekly chart, it closed with a bullish candle above its previous week’s high. Next target is the weekly 50 SMA. It is now trading at 5.7% below its peak which was at 2134.72.

Vix closed down at 16.50 as the market moves upward. Skew remains at 128.99.

Oil (/CL) futures gained and is at $38.49 per barrel. Gold (/GC) futures is down at 1251.1 an ounce. Silver (SLV) ETF is at 14.72. Oil continues to trend upward which has helped the market move upward.

Junk bonds ETF (HYG) gapped upward to close at 82.14. Bonds ETF (TLT) is down at 127.36. Biotech (IBB) ETFs is up at 261.94. Semiconductor ETF (SOXL) made small gain and closed at 24.98.

The USD/JPY is remains at 113.794.

The week ahead
Market sentiment continues to be bullish after the ECB announcement of more money printing. Market breadth continues to slope upward.

The prognosis is that the market remains strong with volumetric support. Market sentiment and market breadth continue to show bullish intent. The market is moving upward with volume supporting it.

 

To YOUR wealth!

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