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)

8 March 2019 – Weekly Review – A strong pullback on Friday


Indices (Weekly chart)
Dow Transportation closed at 10116.86 with a bearish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Weekly trading range was 569.47. Intermediate Cycle is negative with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy.     

Dow Industrial closed at 25450.24 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 903.52. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.   

Russell 2000 closed at 1521.8843 with a big bearish candle below its 8 EMA, 50 SMA, on its 21 EMA and above its 200 SMA. Weekly trading range was 83.6. Intermediate Cycle is negative and rising. Short term cycle is positive and rising. Market direction:- Buy.      

Nasdaq 100 closed at 7015.69 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 265.22. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.         

S&P 500 closed at 2743.07 with a big bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 94.61. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.

Continue reading 8 March 2019 – Weekly Review – A strong pullback on Friday

7 March 2019 – Indices headed South …….

Indices
Dow Transportation closed at 10162.16 with a bearish candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 151.06. Intermediate Cycle is positive and falling slope. Short Term Cycle is negative and falling slope. Market direction – Sell.

Dow Industrial closed at 25473.23 with a bearish candle below its 8 EMA, 21 EMA and above its 50 SMA and 200 SMA. Daily trading range was 320.91. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1523.6287 with a bearish marubozu candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 15.36. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7026.8827 with a bearish candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA SMA. Daily trading range was 110.66. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.

S&P 500 (SPX) closed at 2748.93 with a bearish marubozu candle on its 200 SMA and below its 8 EMA, 21 EMA and above its 50 SMA. Daily trading range was 32.36. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.    

Continue reading 7 March 2019 – Indices headed South …….

6 March 2019 – Is this a pullback or …..?

Indices
Dow Transportation closed at 10261.16 with a bearish candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 87.6. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 25673.46 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 203.9. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1536.8203 with a big bearish marubozu candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 31.62. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7112.4677 with a bearish candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 57.7. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 closed at 2771.45 with a small bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 21.58. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.    

Continue reading 6 March 2019 – Is this a pullback or …..?

5 March 2019 – Indices on the way down?

Indices
Dow Transportation closed at 10314.08 with a bearish candle below its 8 EMA, 21 EMA, 200 SMA and above its 50 SMA. Daily trading range was 110.8. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 25806.63 with a doji candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 151.52. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1568.2835 with a bearish candle below its 8 EMA, 200 SMA and above its 21 EMA, 50 SMA. Daily trading range was 8.177. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7156.7851 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 57.61. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 closed at 2789.65 with a small bearish candle on its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 13.47. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell.    

Continue reading 5 March 2019 – Indices on the way down?

4 March 2019 – Down Transportation and Russell 2000 leading the indices downwards?

Indices
Dow Transportation closed at 10399.73 with a bearish candle below its 8 EMA, 200 SMA and above its 21 EMA, 50 SMA. Daily trading range was 229.94. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 25819.65 with a bearish candle below its 8 EMA and above its 21 EMA, 50 SMA and 200 SMA. Daily trading range was 544.43. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell. 

Russell 2000 closed at 1575.4367 with a bearish candle below its 8 EMA, 200 SMA and above its 21 EMA, 50 SMA. Daily trading range was 29.76. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Sell. 

Nasdaq 100 closed at 7150.8333 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 132.54. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 closed at 2792.81 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 49.22. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 4 March 2019 – Down Transportation and Russell 2000 leading the indices downwards?

1 Mar 2019 – Weekly Review – Indices end on high


Indices (Weekly chart)
Dow Transportation closed at 10462.32 with a bearish candle above its 8 EMA, 21 EMA, 200 SMA and below 50 SMA. Weekly trading range was 264.86. Intermediate Cycle is negative with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy.     

Dow Industrial closed at 26026.32 with a small spinning top doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 364.18. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.   

Russell 2000 closed at 1589.6401 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 31.496. Intermediate Cycle is negative and rising. Short term cycle is positive and rising. Market direction:- Buy.      

Nasdaq 100 closed at 7151.5721 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 116.32. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.         

S&P 500 closed at 2803.69 with a small bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 38.36. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.

Continue reading 1 Mar 2019 – Weekly Review – Indices end on high

28 Feb 2019 – Market internals are weakening

Indices
Dow Transportation closed at 10467.22 with a small bearish candle below its 8 EMA, 200 SMA and above its 21 EMA, 50 SMA. Daily trading range was 67.43. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 25916.00 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 132.65. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and falling slope. Market direction – Buy. 

Russell 2000 closed at 1575.5492 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 10.674. Intermediate Cycle is positive and falling slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Nasdaq 100 closed at 7097.53 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 44.0. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 closed at 2784.49 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 11.22. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 28 Feb 2019 – Market internals are weakening

27 Feb 2019 – Is the market turning?

Indices
Dow Transportation closed at 10491.91 with a small bearish candle below its 8 EMA, 200 SMA and above its 21 EMA, 50 SMA. Daily trading range was 115.01. Intermediate Cycle is positive and falling slope. Short Term Cycle is positive and falling slope. Market direction – Sell.

Dow Industrial closed at 25985.16 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 180.74. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and falling slope. Market direction – Buy. 

Russell 2000 closed at 1581.0517 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range was 11.4601. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy. 

Nasdaq 100 closed at 7117.0046 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 80.366. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 closed at 2792.38 with a small bullish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 20.63. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 27 Feb 2019 – Is the market turning?

25 Feb 2019 – Positive signs of trade agreement

Indices
Dow Transportation closed at 10585.00 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 92.36. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and falling slope. Market direction – Buy.

Dow Industrial closed at 26091.95 with a small inverted hammer candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 209.61. Intermediate Cycle is positive and rising slope. Short Term Cycle is positive and rising slope. Market direction – Buy. 

Russell 2000 closed at 1588.8055 with a small inverted hammer candle above its 8 EMA, 21 EMA, 50 SMA and its 200 SMA. Daily trading range was 13.295. Intermediate Cycle is positive and rising slope. Short Cycle is positive and rising slope. Market direction: Buy. 

Nasdaq 100 closed at 7115.4261 with a small bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 71.11. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.

S&P 500 closed at 2796.11 with a bearish candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range was 20.82. Intermediate Cycle is positive and rising slope. Short Cycle is positive and falling slope. Market direction: Buy.    

Continue reading 25 Feb 2019 – Positive signs of trade agreement

22 Feb 2019 – Trade talks near to conclusion


Indices (Weekly chart)
Dow Transportation closed at 10462.32 with a bearishtop doji candle above its 8 EMA, 21 EMA, 200 SMA and below 50 SMA. Weekly trading range was 177.42. Intermediate Cycle is negative with rising slope. Short term cycle is positive with rising slope. Market direction:- Buy.     

Dow Industrial closed at 26026.32 with a small doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 364.18. Intermediate Cycle is positive and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.   

Russell 2000 closed at 1589.6401 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 31.496. Intermediate Cycle is negative and rising. Short term cycle is positive and rising. Market direction:- Buy.      

Nasdaq 100 closed at 7151.5721 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 116.32. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.         

S&P 500 closed at 2803.69 with a small bullish marubozu candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Weekly trading range was 38.36. Intermediate Cycle is negative and rising slope. Short term cycle is positive and rising slope. Market direction:- Buy.

Continue reading 22 Feb 2019 – Trade talks near to conclusion