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)

12 July 2018 – UpTrend continues

Indices
Dow Transportation closed at 10488.62 with a doji candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 116.66. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and falling slope. Market direction – Buy. It is in a weekly Squeeze.

Dow Industrial closed at 24924.89 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 137.07. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction – Buy. It is in a weekly Squeeze.

Russell 2000 closed at 1690.277 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 13.17. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

Nasdaq 100 closed at 7366.2502 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 94.55. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 closed at 2798.29 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 17.69. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

Metals and Commodities
WTI Crude oil futures (CL) closed at $70.35 per barrel with a small doji candle below its 8 EMA and 21 EMA and above its 50 SMA. Daily trading range was 2.01. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

Gold futures (GC) closed at 1247.7 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 7.4. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell.

Agriculture (DBA) ETF closed at 17.40 with a small bullish marubozu candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.1712. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell.

Commodities (DBC) ETF closed at 17.0 with a small high closing doji candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.2. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

Bonds
Bond futures (/ZB) closed at 145’14 with a small hammer candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.4375. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Neutral.

High Yield bond ETF (HYG) gapped up and closed at 85.61 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.21. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy. It is in a weekly Squeeze.

Currency
The dollar index ($DXY) closed at 94.828 with a small bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.299. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

EUR/USD closed at 1.167 with a small doji candle intertwined between its 8 EMA and 21 EMA and below its 50 SMA. Daily trading range was 0.0045. Intermediate Cycle is negative and rising slope. Short Cycle is positive and falling slope. Market direction: Neutral.

USD/JPY closed at 112.53 with a big bullish candle above its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.7129. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. It has exited its daily Squeeze. Market direction: Buy.

6S(Swiss Franc) – closed at 1.0031 with a bearish candle intertwined with its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 0.008. Intermediate Cycle is negative and flat. Short Cycle is negative and falling. Market direction: Neutral. It is in a daily Squeeze.

Relative Strength – Sectors</b On a monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLU, XLV, XLK and XLY.

On a 3-monthly lookback, the relative strength order of the ETFs that are outperforming the S&P 500 are XLK, XLY, XLV and XLU respectively.

Market Internals
Market sentiment is bullish. Market breadth is sloping upwards showing more gainers to losers. Accumulation/ Distribution is sloping upwards showing nett accumulation. Skew is at 138.22. Vix is at 12.58 and Vix futures is at 13.35.

The Week Ahead</b3
Market internals continue to show strength. Vix and Vix futures have come down indicating the expectation of less volatility now and in the short term. Skew is normal. Dow Industrial and Russell 2000 is not participating in the latest rally. This might be an indication that the rally might be short term. The prognosis is for the rally to continue.

Futures Summary(Daily chart):
ES – Intermediate Cycle – Positive/Rising. Current – Positive/Rising. Market direction – Buy.
NQ – Intermediate Cycle – Positive/Rising. Current – Positive/Rising. Market direction – Buy.
YM – Intermediate Cycle – Negative/Rising. Current – Positive/Rising. Market direction – Buy. Weekly Squeeze.
GC – Intermediate Cycle – Negative/Falling. Current – Negative/Falling. Market direction – Sell.
CL – Intermediate Cycle – Positive/Falling. Current – Positive/Falling. Market direction – Sell.

To YOUR wealth!

Would you like to learn to trade stocks, Options or Futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948. If you have been an unsuccessful trader and need personal tutorship, we can provide you with personal coaching to take you to be a profitable trader.


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