We Are Here!

Marker Animations

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)

13 July 2018 – Trade Disputes and the uptrend continues


Indices (Weekly chart)
Dow Transportation closed at 10546.41 with a doji candle below its 8 EMA, 21 EMA and above its 50 SMA. Weekly trading range was 307.26. Intermediate Cycle is positive with falling slope. Short term cycle is negative and falling slope. Market direction:- Sell.

Dow Industrial closed at 25019.41 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 524.78. Intermediate Cycle is positive and flat. Short term cycle is positive and flat. Market direction:- Buy. It is in a weekly Squeeze.

Russell 2000 closed at 1687.08 with a small spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 29.3. Intermediate Cycle is positive and rising. Short term cycle is positive and falling. Market direction:- Buy.

Nasdaq 100 closed at 7375.82 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 167.51. Intermediate Cycle is positive and rising. Short term cycle is positive and rising. Market direction:- Buy.

S&P 500 closed at 2801.31 with a bullish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 36.02. Intermediate Cycle is positive and rising. Short term cycle is positive and rising. Market direction:- Buy.

Metals and Commodities (Weekly charts)
WTI Crude oil futures (CL) closed at $70.58 per barrel with a bearish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 5.47. Intermediate Cycle is positive and falling. Short term cycle is positive and falling. Market direction:- Buy.

Gold futures (GC) closed at 1241.8 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 30.7. Intermediate Cycle is negative and falling. Short term cycle is negative and falling. Market direction:- Sell.

Agriculture (DBA) ETF closed at 17.36 with a big bearish marubozu candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.59. Intermediate Cycle is negative and falling. Short term cycle is negative and falling. Market direction:- Sell.

Commodities (DBC) ETF closed at 17.03 with a bearish candle below its 8 EMA and 21 EMA and above its 50 SMA. Weekly trading range was 0.81. Intermediate Cycle is positive and falling. Short term cycle is negative and falling. Market direction:- Sell.

Bonds (Weekly charts)
Bond futures (/ZB) closed at 145’23 with a small candle above its 8 EMA and 21 EMA and below its 50 SMA. Weekly trading range was 0.938. Intermediate Cycle is negative and rising. Short term cycle is positive and rising. Market direction:- Buy.

High Yield bond ETF (HYG) closed at 85.61 with a bullish candle above its 8 EMA and below its 21 EMA and 50 SMA. Weekly trading range was 0.42. Intermediate Cycle is negative and rising. Short term cycle is negative and rising. Market direction:- Neutral.

Currencies (Weekly charts)
The dollar index ($DXY) closed at 94.677 with a bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 1.528. Intermediate Cycle is positive and rising. Short term cycle is positive and rising. Market direction:- Buy.

EUR/USD closed at 1.1687 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.0177. Intermediate Cycle is negative and falling. Short term cycle is negative and rising. Market direction:- Bearish.

USD/JPY closed at 112.40 with a big bullish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 2.453. Intermediate Cycle is positive and rising. Short term cycle is positive and rising. Market direction:- Buy.

6S (Swiss Franc) closed at 1.0036 with a bearish candle bearish its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.022. Intermediate Cycle is positive and falling. Short term cycle is negative and rising. Market direction:- Sell.

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

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping upwards showing more gainers and losers. Market Volume is sloping downwards showing distirbution. Skew is at 142.48. Vix is at 12.18 and Vix futures 13.06.

The Week Ahead
Market internals is maintaining strength. Vix is below 13 and Vix futures is just above 13 indicating there is expectation of some near term volatility. Skew is above 142 which is the threshold for a quick pullback in the indices. The prognosis is for a quick pullback early next week.

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

Stocks Buy Watchlist
.

Penny Stocks BreakOut
.

 

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.


Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>