Believe it or not, the Dow Jones Industrial Average has been range-bound for a month. While Tantrum Tuesday (after a three-day weekend) might not be the best day to act, an upswing later in the week could be a good setup.
Over this US holiday weekend, Ether has been bouncing around the bottom of its trend channel. One mean-reversion strategy could be to scale in to ETHUSD contracts every 4h candle at this point in the channel, with the intention of scaling out when Ether retakes the mean line.
The 2022 growing season for soybeans is still a good way off. Keep an eye on currently falling prices. Consider going long when prices move back up into the trend channel.
One might not think so, what with rates across the board jumping over the past several sessions. Adventurous traders could send a canary down the coal mine by shorting the receding 30-year here with a tight stop. An adventurous spread would add the still-advancing 2-year long.
If the 4-hour Ether futures chart puts in a red candle next, we'd consider selling current-month contracts with a price target of USD 1870 and stop loss of 2850. CME margin for the micro Ether futs is under 100 per contract, so with even a modestly sized account you could sell multiple contracts and take profits all the way down.
Traders who don't think Ford Motor is headed to oblivion could try writing some weekly puts just OTM, and then writing calls when / if assigned. High implied volatility could make this a good play if $F bounces around 18 for a while.
Looks like we could see a rebound if the current candle stays green. Enter around 1789, 16 TS.
During last week's turbulence, the gentle Eurodollar was anything but. Even so, we would not be averse to wading into the September contract on a green candle with a TS of .05. Ideas on the U24 will be saved for another post.
If the world is about to reel from a shortage of fertilizer, then why is March corn dumping this AM? Not suggesting to sell corn here. Rather watch for a long entry point in a TF that matches seasonal rise tendencies.
Our account is showing a good profit after shorting the Russell 2000 index at 2:00 Thursday afternoon and again at the same time on Friday. Validating our view, the R2K cratered in the last two hours of both days' sessions. To expect Two O'Clock Charlie to deliver such a bomb every day from now on would, of course, be ridiculous. This chart shows two technical...
If you've been watching VIX trend higher, check out VXST—the 9-day VIX—which usually trails VIX but at this writing is higher. (Current VXST isn't available on TV; you can find it on StockCharts or elsewhere.) As of close of markets Friday 21 January 2022, the whole VIX structure was in backwardation. The VXST:VIX ratio was at 1:07, which can be interpreted as...
Per Bloomberg , you can count on the SP500 to rebound tomorrow if the past 19 months are any indication. (If it rebounds today all bets are off.)
Have the lows stopped getting lower? If so, can the highs get higher? Entering long at 3399 stop, OSO 3077 stop.
GBPUSD drifted lower Monday but is setting up to rise into the 30-day trend channel. Watching for a green 4-hour Heikin Ashi candle to go long this pair. On a 1.364 entry, could set SL at 1.360 and set TP at 1.372 (around the mean line); or set a trailing SL of .004.
Not expecting interest on the 2-year note to tank, but will try to clip off a bit of the regression toward the mean. Entered at 1.082; ready to pull out on the first 4-hour green candle. A longer-term play could be SL at 1.093 and TP at 1.015.
Got in last Thursday evening at 1.740. Out this morning at 1.821. Netted USD 79.09 on USD 231 margin.
There've been rumblings of a yield curve inversion. Will believe it when I see it, but won't be beneath shorting 2-year T-note interest tomorrow if it turns in a red 4-hour HA candle. On a 1.08 short entry, would look at a TP of 1.02 and a SL of 1.10. Stay tuned.