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)

7 September 2018 – A pullback and a rest for the indices


Indices (Weekly chart)
Dow Transportation closed at 11347.54 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 197.51. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Dow Industrial closed at 25916.54 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 267.73. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Russell 2000 closed at 1713.1799 with a bearish marubozu candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 34.155. Intermediate Cycle is positive and rising. Short term cycle is positive and falling. Market direction:- Buy. Fractal Bias – Bullish.

Nasdaq 100 closed at 7430.2607 with a big bearish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 242.46. Intermediate Cycle is positive and rising. Short term cycle is positive and falling. Market direction:- Buy. Fractal Bias – Bullish.

S&P 500 closed at 2871.68 with a bearish candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 36.06. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy. Fractal Bias – Bullish.

Metals and Commodities (Weekly charts)
WTI Crude oil futures (CL) closed at $67.86 per barrel with a bearish candle below its 8 EMA and on its 21 EMA and above its 50 SMA. Weekly trading range was 4.54. Intermediate Cycle is positive and falling slope. Short term cycle is positive and falling slope. Market direction:- Neutral. Fractal Bias – Bearish.

Gold futures (GC) closed at 1201.8 with a spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 17.6. Intermediate Cycle is negative and falling. Short term cycle is negative and falling. Market direction:- Sell. Fractal Bias – Bearish.

Agriculture (DBA) ETF closed at 17.10 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.319. Intermediate Cycle is negative and falling. Short term cycle is negative and falling. Market direction:- Neutral. Fractal Bias – Bearish.

Commodities (DBC) ETF closed at 17.15 with a bearish candle below its 8 EMA and 21 EMA and above its 50 SMA. Weekly trading range was 0.45. Intermediate Cycle is positive and falling slope. Short term cycle is negative and falling slope. Market direction:- Neutral. Fractal Bias – Bearish.

Bonds (Weekly charts)
Bond futures (/ZB) closed at 142’16 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 1.7812. Intermediate Cycle is negative and rising slope. Short term cycle is negative and falling slope. Market direction:- Sell. It is in a Squeeze. Fractal Bias – Bullish.

High Yield bond ETF (HYG) gapped down and closed at 85.70 with a bearish candle below its 8 EMA, 21 EMA and its 50 SMA. Weekly trading range was 0.3. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Neutral. It is in a Squeeze. Fractal Bias – Bearish.

Currencies (Weekly charts)
The dollar index ($DXY) closed at 95.339 with a spinning top doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.8659. Intermediate Cycle is positive and rising slope. Short term cycle is positive and falling slope. Market direction:- Neutral. Fractal Bias – Bullish.

EUR/USD closed at 1.1554 with a low closing spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.0128. Intermediate Cycle is negative and falling slope. Short term cycle is negative and rising slope. Market direction:- Neutral. Fractal Bias – Bearish.

USD/JPY closed at 111.05 with a doji candle above its 8 EMA and above its 21 EMA and 50 SMA. Weekly trading range was 1.1419. Intermediate Cycle is positive and rising. Short term cycle is positive and falling. Market direction:- Neutral. It is in a monthly Squeeze. Fractal Bias – Bullish.

6S (Swiss Franc) closed at 1.0327 with a doji candle above its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 0.0129. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy. It is in a daily and weekly Squeeze. Fractal Bias – Bullish.

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

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping downwards showing more losers than gainers. Volume Acc/Dis is sloping downwards showing distribution. Skew is at 145.87. Vix is at 14.88 and Vix futures 15.45.

The Week Ahead
Market internals are weakening. Vix is now above 14 and Vix futures is above 15 and both have risen which means that market participants are hedging for more volatility. Skew is elevated. The prognosis is that the market is bracing itself for more volatility and pullback.

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>