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)

3 May 2019 – Weekly Review: Low Unemployment, Jobs surge


Indices (Weekly chart)
Dow Transportation closed at 10958.89 with a bullish hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 351.75. Intermediate Cycle is positive with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy.     

Dow Industrial closed at 26504.95 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 509.03. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.   

Russell 2000 closed at 1614.022 with a bullish hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 47.57. Intermediate Cycle is negative and rising. Short term cycle is positive and rising. Market direction:- Buy.      

Nasdaq 100 closed at 7845.7292 with a dragonfly doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 179.31. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.         

S&P 500 closed at 2945.64 with a high closing doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 53.63. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.

Continue reading 3 May 2019 – Weekly Review: Low Unemployment, Jobs surge

2 April 2019 – Further pullback

Indices
Dow Transportation closed at 10787.64 with a big bullish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 189.38. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 26307.79 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 274.33. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1582.651 with a bullish candle on its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 21.46. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Nasdaq 100 closed at 7724.056 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 118.96. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2917.52 with a small spinning top doji candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 31.18. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.    

Continue reading 2 April 2019 – Further pullback

1 May 2019 – Beginning of a market turn?

Indices
Dow Transportation closed at 10661.57 with a big bearish candle below its 8 EMA, 21 EMA and above its 50 SMA, 200 SMA. Daily trading range was 194.47. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 26430.14 with a bearish marubozu candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 263.01. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1576.38 with a bearish marubozu candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 19.72. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7751.8469 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 101.294. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2923.73 with a small bearish marubozu candle below its 8 EMA and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range was 30.77. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 1 May 2019 – Beginning of a market turn?

30 April 2019 – Summer approaching, lacklustre market

Indices
Dow Transportation closed at 10847.02 with a bullish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 169.6. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 26592.91 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 194.57. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1591.2109 with a small bearish hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 19.387. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 7781.4557 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 112.97. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 (SPX) closed at 2945.83 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 24.11. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Continue reading 30 April 2019 – Summer approaching, lacklustre market

29 April 2019 – Grinding uptrend, Sell in May


Indices
Dow Transportation closed at 10807.46 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 109.17. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 26554.39 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 81.79. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1598.3563 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 11.26. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 7839.0383 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 38.88. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 (SPX) closed at 2943.03 with a small candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 10.17. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Continue reading 29 April 2019 – Grinding uptrend, Sell in May

26 April 2019 – Weekly Review – A Bullish week

Indices ( Weekly Chart )
Dow Transportation closed at 10881.77 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 345.94. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy.

Dow Industrial closed at 26543.33 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 385.68. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy. 

Russell 2000 closed at 1591.8157 with a bullish candle above its 8 EMA, 21 EMA 50 SMA and 200 SMA. Daily trading range was 39.57. Intermediate Cycle is negative and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 7826.6791 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 198.09. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 (SPX) closed at 2939.88 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 43.53. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 26 April 2019 – Weekly Review – A Bullish week

25 April 2019 – A pullback

Indices
Dow Transportation closed at 10845.62 with a bearish marubozu candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 265.22. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and falling slope. Market direction – Buy.

Dow Industrial closed at 26462.08 with a small bullish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 286.77. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Buy. 

Russell 2000 closed at 1575.6116 with a bearish candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 22.677. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7816.919 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 73.75. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 (SPX) closed at 2926.17 with a small candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 20.26. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 25 April 2019 – A pullback

24 April 2019 – A spluttering uptrend?

Indices
Dow Transportation closed at 11098.99 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 145.27. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy.

Dow Industrial closed at 26597.05 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 97.72. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy. 

Russell 2000 closed at 1588.1323 with a small inverted hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 10.68. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 7784.4126 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 43.46. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 (SPX) closed at 2927.25 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 10.78. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Continue reading 24 April 2019 – A spluttering uptrend?

23 April 2019 – UpTrend continues

Indices
Dow Transportation closed at 11003.09 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 74.39. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy.

Dow Industrial closed at 26656.39 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 192.4. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy. 

Russell 2000 closed at 1585.0931 with a big bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 27.54. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7810.7062 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 105.84. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.

S&P 500 (SPX) closed at 2933.68 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 28.34. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy.    

Continue reading 23 April 2019 – UpTrend continues

22 April 2019 – Is the market topping?

Indices
Dow Transportation closed at 10977.06 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 94.46. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy.

Dow Industrial closed at 26511.05 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 100.93. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy. 

Russell 2000 closed at 1560.0446 with a bearish candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 11.285. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7713.495 with a bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 61.44. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 (SPX) closed at 2907.97 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 13.16. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 22 April 2019 – Is the market topping?