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Esfutures

$SPY : Grinding higher on low vol even as #WTI tanks$S{Y 500 managed a minor breakout yesterday above the April high as it slowly grinds it way up to the 0.618 retrace tgt of 293. There is immediate resistance at gap above but $ES futures are again trading about .33% higher from yesterdays close. $SPY is now above its 50-day MA and if it takes out the gap resistance then 293 target remains viable. $WTI June futures contract crashed by 25% yesterday. Currently $WTI is trading down another 20% from yesterday. Small Caps (iShares Russell 2000 ETF (NYSE:IWM)) rocketed up 3.96% yesterday, by far the greatest out performance in indices. When #OIL gets in gear with the equity indices bullishness $IWM small caps will likely outperform $SPY substantially.
AMEX:SPYLong
by insyyte
S&P 500 fut. - possible near end of correctionLooking at the H4 chart of the futures contracts on the US S&P 500 stock index, we may see a potential correction pattern. The last rebound on the US stock market reached about 50 percent of the first wave of declines that was triggered by the spread of the epidemic first in Asia and then on subsequent continents. According to the Elliott wave theory, the entire rebound looks like the ABC simple correction. Wave C could currently consist of five subwaves. Therefore, if the correction ends in the area of 50%, then there may be a return towards the lower limit in the upward channel. However, if the line through the lows were to be broken, another downward impulse could accelerate. ________ Daniel Kostecki, Chief Analyst Conotoxia Ltd. Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CME_MINI:ES1!
by Daniel_Kostecki
1
ES - SPX/SPY premarket analysis Hello traders, Description of the analysis: Currently there is considerable nervousness on the markets. The VIX index is at upper values of about 23 points, which is the area of resistance. In the analysis, I highlighted important support for a possible turnaround reaction. However, it will depend on how traders take the sentiment setting after the beginning of the trading session. Personally, I am cash in all my positions, waiting for the markets to calm down. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (700 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Join us today and get your Wall Street Way Jacob Kovarik
CME_MINI:ES1!
by Jacob_Kovarik
$SPX500 #ESfutures #TradingSometimes after a great deal of TA the underlying direction is not clear enough to trade off of. What a week, and what an FOMC meeting. Jerome Powell is certainly improving his communication. Some catalyst news concerns this week primarily are: The G20 Osaka Summit will be held from June 28 to 29, 2019 in Japan. (Thursday/Friday) Revisions to last months unemployment numbers Building Permits June 25th New Home Sales (m/m -6.9% while forecast is 2.2%) Consumer Confidence June 25th (current forecast of 131.1) Overall the trend remains bullish, and we may see a pump into G20 on hopium of Trump/Xi Trade deal - the idea they can actually hammer one out though would be rather shocking. Strategically if Trump wants equities to go gangbusters, which he does - he would not go for an actual tariff agreement because if he can get his interest rate hike, and then end the tariffs we are going to the moon. RSI/STOCH Oversold, but no trend reversal Bollingers Oversold Currently finished EOD exactly on Fib support EOD selloff resulted on strong short-term bearish momentum Bill Williams 3 Lines - Bearish Strong sell off, after morning pump sell off Luckily finished the day with each trade profitable today, was long but sold entry from yesterday in the late morning around 11 (had meeting and missed a great sell off opportunity 1st thing in the am) We can see here the sell off was flirting with statistically a very strong trend downward We can see here with the volume pricing as well that the price was oversold likewise Why did the afternoon sell off occur? Not sure, but I closed my final long at 3:45pm for a nice profit simply because I had just exited a meeting and didn't want to worry about position over the weekend. Why gamble with all this volatility? 5/24/2019 I posted this harmonic (link available below) So close, but ironically rallied at the earlier Fib Point Do as I say, not as I do! ;) Should have trusted the TA and stayed long the entire ride. Rather I kept entering leveraged long positions and then would exit. Finished this period with positive P/L, but left thousands in profits on the table - opportunity cost is frustrating. Displaced EMA wildly bullish MA Ribbon looks very bullish, a compression like that is interpreted typically as the start to a nice bull run Still looks like a great long opportunity after a minor pullback Bill Williams 3 Lines look very bullish Takeaway for the week - not in a position nor do I see any ideal setups right now. I think I may enter a long in the early side of the week, however this idea could adapt as soon as futures open at 7pm on Sunday. As usual guys, GL and make a million! ---www.ZenModeTrading.com---
OANDA:SPX500USD
by ZenMode
SPY - More downside still likely for SPY SPX ESSPX broke the short-term downtrend yesterday, but technicals didn't really confirm and we're seeing no follow-through today. We also saw pretty much an immediate reversal back to the support. We should bounce off support (looks like we are as I write this), but resistance is right up overhead. If we go back down and support doesn't hold, next stop would likely be back into the 2,700s, this time probably further down closer to 2,750-2,770.
AMEX:SPYShort
by marketmind3