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)

9 January 2019 – Oil power upwards, indices continue its volatilities

Indices
Dow Transportation closed at 9583.25 with a bullish marubozu candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 168.98. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Buy. 

Dow Industrial closed at 23879.12 with a small doji candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 208.89. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Buy. 

Russell 2000 closed at 1438.8068 with a small bullish marubozu candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 15.87. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 6600.6944 with a small spinning top candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 81.623. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 closed at 2584.96 with a small spinning top doji candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 26.43. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Metals and Commodities
WTI Crude oil futures (CL) closed at $52.16 per barrel with a bullish marubozu candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 2.87. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Gold futures (GC) closed at 1294.7 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 14.1. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

Agriculture (DBA) ETF closed at 17.31 with a spinning top doji candle above its 8 EMA, 21 EMA,50 SMA and below its 200 SMA. Daily trading range was 0.25. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy.    

Commodities (DBC) ETF gapped up and closed at 15.41 with a small bullish candle above its 8 EMA, 21 EMA and below its 50 SMA and 200 SMA. Daily trading range was 0.33. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.   

Bonds
Bond futures (/ZB) closed at 145’28 with a small bullish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.5625. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.  

High Yield bond ETF (HYG) gapped up and closed at 83.83 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.55. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Currency
The dollar index ($DXY) closed at 95.141 with a big bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 0.804. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.      

EUR/USD closed at 1.1541 with a big bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.0121. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. It is in a daily and weekly Squeeze.

USD/JPY closed at 108.15 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 1.03. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell. 

6S (Swiss Franc) – closed at 1.033 with a big bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.009. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.  

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

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping upwards showing more gainers than losers. Volume Acc/Dis is sloping upwards and showing accumulation. Skew is at 117.01. Vix is at 19.98 and Vix Futures is at 20.80.   

The Week Ahead
Market Sentiment is bullish and there are plenty of optimism that there will be a trade deal between China and USA. Skew is normal. Vix and Vix futures are still elevated above 19 and 20 respectively and trending down. It is telling us that the market is prepared for pullbacks. Oil has been rather bullish for more than a week now and has now reached its 50 SMA which will delay it. The prognosis is for a bullish market but with caution.

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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