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)

31 October 2018 – Another up day in a down trend

Indices
Dow Transportation closed at 10191.18 with a bearish inverted hammer candle on its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 194.74. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial gapped up and closed at 25115.76 with a bullish inverted hammer candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 461.91. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1511.4127 with an inverted hammer candle on its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 19.695. Intermediate Cycle is negative and rising. Short Cycle is negative and rising. Market direction: Sell. Fractal Bias – Bearish.

Nasdaq 100 gapped up and closed at 6967.0957 with an inverted hammer candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 220.386. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias – Bearish.

S&P 500 closed at 2711.74 with an inverted hammer candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 54.06. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias – Bearish.

Metals and Commodities
WTI Crude oil futures (CL) closed at $64.86 per barrel with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 2.19. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Gold futures (GC) closed at 1216.1 with a big bearish candle below its 8 EMA, 21 EMA and 200 SMA and above its 50 SMA. Daily trading range was 11.6. Intermediate Cycle is positive and falling. Short Cycle is positive and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Agriculture (DBA) ETF closed at 17.41 with a spinning top doji candle below its 8 EMA, 21 EMA and 200 SMA and above its 50 SMA. Daily trading range was 0.14. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Commodities (DBC) ETF closed at 16.96 with a bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.25. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Bonds
Bond futures (/ZB) closed at 138’10 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.719. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Neutral. Fractal Bias – Neutral. It is in a Squeeze.

High Yield bond ETF (HYG) closed at 84.35 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.365. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias- Bearish.

Currency
The dollar index ($DXY) closed at 97.105 with a bullish ‘rolling pin’ candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.325. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. Fractal Bias – Bullish. It is in a Weekly Squeeze.

EUR/USD closed at 1.1310 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.0057. Intermediate Cycle is negative and falling. Short Cycle is negative and falling. Market direction: Sell. Fractal Bias – Bearish.

USD/JPY closed at 112.93 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.582. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. Fractal Bias – Bullish.

6S (Swiss Franc) – closed at 0.9958 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.006. Intermediate Cycle is negative and falling. Short Cycle is negative and falling. Market direction: Sell. Fractal Bias – Bearish.

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

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

Market Internals
Market Sentiment is slightly bullish. Market Breadth has flattened with about equal gainers and losers. Volume Accumulation/Distribution is sloping upwards which means the market is in accumulation mode. Vix is at 21.23. Vix futures is at 20.15. Skew is at 117.64.

The Week Ahead
Market had an up day but there was late day selling which brought it down. We could be seeing a market turning. Skew is normal and Vix and Vix futures are both above 21 and 20 respectively. Market Internals are indicating that we could be seeing a market turning to the upside. The prognosis is for more volatility with potential up market.

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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