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)

5 November 2018 – US Mid term election market

Indices
Dow Transportation closed at 10361.81 with a spinning top doji candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 207.03. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Buy. Fractal Bias – Bullish.

Dow Industrial closed at 25461.70 with a bullish engulfing candle above its 8 EMA, 21 EMA and 200 SMA and below its 50 SMA. Daily trading range was 245.88. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Buy. Fractal Bias – Bullish.

Russell 2000 closed at 1547.5116 with a doji candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 20.012. Intermediate Cycle is negative and rising. Short Cycle is negative and rising. Market direction: Buy. Fractal Bias – Bullish.

Nasdaq 100 closed at 6937.0894 with a dragonfly doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 105.49. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias – Bullish.

S&P 500 closed at 2738.31 with a bullish candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 26.33. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Bullish.

Continue reading 5 November 2018 – US Mid term election market

2nd November 2018 – Midterms election and volatility


Indices (Weekly chart)
Dow Transportation closed at 10366.32 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA and above its 200 SMA. Weekly trading range was 756.44. Intermediate Cycle is negative with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Dow Industrial closed at 25270.83 with a bullish harami candle below its 8 EMA, 21 EMA and above its 50 SMA and 200 SMA. Weekly trading range was 1,456.75. Intermediate Cycle is positive and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1547.9814 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA and above its 200 SMA. Weekly trading range was 95.53. Intermediate Cycle is negative and falling. Short term cycle is negative and falling. Market direction:- Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 6965.294 with a high closing spinning top doji candle below its 8 EMA, 21 EMA and on its 50 SMA and above its 200 SMA. Weekly trading range was 510.52. Intermediate Cycle is positive and falling. Short term cycle is negative and falling. Market direction:- Sell. Fractal Bias – Bearish.

S&P 500 closed at 2723.06 with a harami candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 153.01. Intermediate Cycle is positive and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Continue reading 2nd November 2018 – Midterms election and volatility

1 November 2018 – Volatility continues, Bulls are out and about

Indices
Dow Transportation closed at 10368.52 with a bullish candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 233.72. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Sell. Fractal Bias – Bullish.

Dow Industrial closed at 25380.74 with a bullish candle above its 8 EMA and 200 SMA and on its 21 EMA and below its 50 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 – Bullish.

Russell 2000 closed at 1544.9803 with a bullish marubozu candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 35.73. Intermediate Cycle is negative and rising. Short Cycle is negative and rising. Market direction: Sell. Fractal Bias – Bullish.

Nasdaq 100 closed at 7069.1712 with a bullish candle above its 8 EMA and below its 21 EMA, 50 SMA and on its 200 SMA. Daily trading range was 139.628. Intermediate Cycle is negative and rising slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias – Bullsh.

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 – Bullish.

Continue reading 1 November 2018 – Volatility continues, Bulls are out and about

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.

Continue reading 31 October 2018 – Another up day in a down trend

30 October 2018 – An Up day in a Down Trend

Indices
Dow Transportation closed at 10175.57 with a bullish marubozu candle on its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 293.75. Intermediate Cycle is negative and rising slope. Short Term Cycle is negative and rising slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial closed at 24874.64 with a big bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 490.99. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1506.6372 with a spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 32.363. Intermediate Cycle is negative and rising. Short Cycle is negative and rising. Market direction: Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 6810.1211 with a big bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 163.738. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

S&P 500 closed at 2682.63 with a big bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 50.09. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Continue reading 30 October 2018 – An Up day in a Down Trend

29 October 2018 – A Wild Day!

Indices
Dow Transportation closed at 9896.11 with a bearish ‘rolling pin’ candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 408.36. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial closed at 24442.92 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 918.35. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1477.306 with a spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 51.6263. Intermediate Cycle is negative and falling. Short Cycle is negative and falling. Market direction: Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 6713.9018 with a huge bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 394.44. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Sell. Fractal Bias – Bearish.

S&P 500 closed at 2641.25 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 103.31. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Continue reading 29 October 2018 – A Wild Day!

26 October 2018 – Market pullback, lousy week for indices


Indices (Weekly chart)
Dow Transportation closed at 9965.67 with a big bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 664.39. Intermediate Cycle is positive with falling slope. Short term cycle is negative with falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Dow Industrial closed at 24688.31 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 1,116.15. Intermediate Cycle is positive and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1483.8207 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 92.2. Intermediate Cycle is negative and falling. Short term cycle is negative and falling. Market direction:- Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 6852.4043 with a big bearish candle below its 8 EMA and 21 EMA and 50 SMA. Weekly trading range was 449.94. Intermediate Cycle is positive and falling. Short term cycle is negative and falling. Market direction:- Sell. Fractal Bias – Bearish.

S&P 500 closed at 2658.69 with a big bearish candle below its 8 EMA, 21 EMA and 50 SMA. Weekly trading range was 150.78. Intermediate Cycle is positive and falling slope. Short term cycle is negative and falling slope. Market direction:- Sell. Fractal Bias – Bearish.

Continue reading 26 October 2018 – Market pullback, lousy week for indices

24 October 2018 – Bonds and Indices declined

Indices
Dow Transportation closed at 9905.13 with a big bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 419.51. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial closed at 24583.42 with a big bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 773.04. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1468.6984 with a big bearish marubozu candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 59.25. Intermediate Cycle is negative and falling. Short Cycle is negative and falling. Market direction: Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 6789.1543 with a huge bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 341.2. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Bearish.

S&P 500 closed at 2656.10 with a huge bearish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 90.7. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Continue reading 24 October 2018 – Bonds and Indices declined

23 October 2018 – Down Trend continues, Late day rally

Indices
Dow Transportation closed at 10237.02 with a bearish “hammer” candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 371.42. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial gapped down and closed at 25191.43 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA and above its 200 SMA. Daily trading range was 548.62. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1526.5874 with a hammer candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 38.465. Intermediate Cycle is negative and falling. Short Cycle is negative and falling. Market direction: Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 7118.6745 with a bullish candle below its 8 EMA, 21 EMA and 50 SMA and above its 200 SMA. Daily trading range was 215.57. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Bearish.

S&P 500 gapped down and closed at 2740.69 with a bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 64.45. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Continue reading 23 October 2018 – Down Trend continues, Late day rally

22 October 2018 – Are the Indices bottoming?

Indices
Dow Transportation closed at 10435.76 with a doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 142.54. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and rising slope. Market direction – Sell. Fractal Bias – Bearish.

Dow Industrial closed at 25317.41 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 325.29. Intermediate Cycle is negative and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell. Fractal Bias – Bearish.

Russell 2000 closed at 1539.5014 with a low closing spinning top doji candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 15.58. Intermediate Cycle is negative and falling. Short Cycle is negative and falling. Market direction: Sell. Fractal Bias – Bearish.

Nasdaq 100 closed at 7141.2127 with a doji candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 104.82. Intermediate Cycle is negative and falling slope. Short Cycle is negative and rising slope. Market direction: Buy. Fractal Bias – Bearish.

S&P 500 closed at 2755.88 with a bearish candle below its 8 EMA, 21 EMA and 50 SMA. Daily trading range was 29.72. Intermediate Cycle is negative and falling slope. Short Cycle is negative and falling slope. Market direction: Sell. Fractal Bias – Bearish.

Continue reading 22 October 2018 – Are the Indices bottoming?