Oil & Natural Gas

S&P 500 Futures Trading Outlook For June 24

S&P 500 Futures Trading Outlook for June 24, 2016  (ES_F) The EU Referendum (Brexit) surprised the market with a Britain vote to exit the EU. The currency markets are roiling as the British Pound falls in the wake of the news. And global stock markets are trading lower. S&P 500…

S&P 500 Futures Trading Outlook For June 21

S&P 500 Futures Trading Outlook for June 21, 2016 (ES_F) – In S&P 500 futures trading, the charts continue to bounce showing higher lows, and a push to resistance for a second day. For lunar and cycle folks, today is the summer solstice. We will see the most sunlight of the…

S&P 500 Futures Trading Outlook For June 20

S&P 500 Trading Outlook for June 20, 2016 (ES_F) – S&P 500 futures continue to bounce showing higher lows, and a push to resistance. Traders have settled into a presumed failure of the EU referendum for Britain leaving on Thursday. Volatility should be high this week, particularly currencies. Support levels…

S&P 500 Futures Trading Outlook For June 14

S&P 500 Futures Trading Outlook for June 14, 2016  (ES_F) Charts dipped yesterday and that dip has held as we begin Tuesday, and the FOMC meetings begin. As a reminder, all classes of options expire this week. This environment usually sends us into at least one day of big volatility….

Natural Gas Golden Cross: Should Traders Care?

Natural Gas traders are eyeing an event not seen since December 2013 – a natural gas golden cross. A golden cross is when the shorter-term 50-day moving average crosses above the longer-term 200-day moving average. The Energy Information Agency (EIA) provides daily Natural Gas pricing data going back to 1997….

S&P 500 Futures Trading Outlook For June 13

S&P 500 Futures Trading Outlook for June 13, 2016 Stock market futures are quiet into the beginning of an FOMC week and options expiration week for all the major classes of options. This environment usually sends us into at least one day of big volatility. And the EU referendum on…

S&P 500 Futures Update: Can Bulls Keep The Momentum?

S&P 500 futures outlook for June 8, 2016 – ES_F –Breakout formations grinding higher this morning after a day of consolidation at these breakout levels, and momentum continues to hold higher levels, but is now flattening. Overall, patterns still look bullish, with the best behavior of removing at targets above…

S&P 500 Trading Update: Will Lower Support Levels Hold?

Today’s trading outlook looks at S&P 500 futures, Nasdaq futures, and Crude Oil futures  for June 3, 2016. Focusing on S&P 500 futures, we see that the market moved higher into the employment numbers. My thought is that if the number is a negative surprise, the dip will be into support…

S&P 500 Futures: Trading Outlook For June 2

S&P 500 futures trading outlook for June 2, 2016 The ES_F has held steady with buyers coming in at higher support levels near 2084. Supply above 2099 keeps us from advancing at this time and price action continues to squeeze. Above 2099, we would have moved sellers out of the…