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)

6 June 2019 – Bulls are resting

Indices
Dow Transportation closed at 10077.54 with a bearish marubozu candle above its 8 EMA and below its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 158.14. Long Cycle is negative and rising slope. Intermediate Cycle is negative and rising slope. Short Term Cycle is positive and rising slope. Market direction – Sell.

Dow Industrial closed at 25720.66 with a small bullish marubozu candle above its 8 EMA, 21 EMA, 200 SMA and below its 50 SMA. Daily trading range was 282.25. Long Cycle is negative with rising slope. Intermediate Cycle is negative and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy. 

Russell 2000 closed at 1503.5384 with a small spinning top doji candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 17.77. Long Cycle is negative and rising slope. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Sell. 

Nasdaq 100 closed at 7275.9267 with a small bullish candle above its 8 EMA, 200 SMA and below its 21 EMA, 50 SMA. Daily trading range was 91.64. Long Cycle is negative and rising slope. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Sell.

S&P 500 (SPX) closed at 2843.49 with a small bullish candle above its 8 EMA, 21 EMA , 200SMA and below its 50 SMA. Daily trading range was 29.65. Long Cycle is negative and rising slope. 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 $53.18 per barrel with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 2.13. Long Cycle is negative and falling slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell. RSI is 29.3.

Gold (/GC) closed at 1339.5 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 12.9. Long Cycle is positive and rising slope. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Commodities (DBC) ETF closed at 15.12 with a big bullish candle below its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range was 0.267. Long Cycle is negative and falling slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell. RSI is 37.7.    

Bonds
Bond futures (/ZB) closed at 153’23 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 1.219. Long Cycle is positive and rising. slope. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.

High Yield bond ETF (HYG) closed at 85.88 with a small bullish candle above its 8 EMA, 21 EMA, 200 SMA and below its 50 SMA. Daily trading range was 0.39. Long Cycle is negative and rising slope. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Currency
The dollar index ($DXY) closed at 96.99 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range was 0.568. Long Cycle is negative and falling slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell.    

EUR/USD closed at 1.1274 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 0.0108. Long Cycle is positive and rising slope. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy. It has exited its daily Squeeze.

USD/JPY closed at 108.38 with a doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 0.533. Long Cycle is negative and rising slope. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising 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, XLU, XLK, XLF, XLP and XLI.

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

Market Internals
Market Sentiment is bullish. Market Breadth is sloping upwards showing more gainers to losers. Volume Acc/Dis is sloping upwards and showing accumulation. Skew is at 113.89. Vix is at 15.93 and Vix Futures is at 16.50.   

The Week Ahead 
The indices had a mixed closed. Dow Transportation and Russell 2000 which are the market leaders closed below its yesterday’s close. Market Sentiment is bullish and market internals are showing bullish signals. Skew is normal. Vix is below 16 and Vix futures is below 17. The prognosis is for continuing volatility and we could 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.


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