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)

4 June 2019 – Market reverses to the mean

Indices
Dow Transportation closed at 10083.76 with a bullish marubozu candle above its 8 EMA and below its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 329.44. Long Cycle is negative and falling slope. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Sell.

Dow Industrial closed at 25332.18 with a bullish marubozu candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 523.99. Long Cycle is negative with falling slope. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Sell. 

Russell 2000 closed at 1508.5613 with a big bullish marubozu candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 38.66. Long Cycle is negative and falling slope. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. 

Nasdaq 100 closed at 7166.7474 with a bullish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 191.77. Long Cycle is negative and falling slope. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell.

S&P 500 (SPX) closed at 2803.27 with a big bullish candle above its 8 EMA, 200SMA and below its 21 EMA, 50 SMA. Daily trading range was 60.04. Long Cycle is negative and falling slope. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell.    

Metals and Commodities
WTI Crude oil futures (CL) closed at $52.95 per barrel with a doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.55. Long Cycle is negative and falling slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.

Gold (/GC) closed at 1330.2 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 3.1. Long Cycle is positive and rising slope. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Commodities (DBC) ETF closed at 15.17 with a small bullish candle below its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 0.115. Long Cycle is negative and falling slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.   

Bonds
Bond futures (/ZB) closed at 153’08 with a big bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 1.6875. Long Cycle is positive and rising. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

High Yield bond ETF (HYG) closed at 85.50 with a big bullish marubozu candle above its 8 EMA, 200 SMA and below its 21 EMA, 50 SMA. Daily trading range was 0.86. Long Cycle is negative and falling slope. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. 

Currency
The dollar index ($DXY) closed at 97.127 with a spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 0.34. Long Cycle is positive and falling slope. Intermediate Cycle is positive and falling slope. Short Cycle is negative and falling slope. Market direction: Sell.    

EUR/USD closed at 1.1251 with a spinning top doji candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.005. Long Cycle is negative and rising slope. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. It is in a daily Squeeze.

USD/JPY closed at 108.13 with a spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.519. Long Cycle is negative and falling slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. 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 XLB, XLK, XLU, XLF, XLI, XLI and XLY.

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

Market Internals
Market Sentiment is rather bullish. Market Breadth is sloping downwards showing more losers to gainers. Volume Acc/Dis is sloping upwards and showing accumulation. Skew is at 112.74. Vix is at 16.97 and Vix Futures is at 17.05.   

The Week Ahead 
The indices closed higher as the market rebounded from its oversold position. Market Sentiment has switched to rather bullish and market internals are showing mixed signals. Skew is normal. Vix is below 17 and Vix futures is below 18. The prognosis is for continuing volatility and selling pressure.

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>