Oil & Natural Gas

S&P 500 Futures Trading Update: Bulls Testing Major Resistance

Stock Market Trading Considerations For April 21, 2017 Renewed hope in the tax plan and a strong showing from corporate earnings (75% of the reporting companies beating expectations) created an environment that allowed the S&P 500 (INDEXSP:.INX) to bounce into higher resistance. But how sustainable is this rally? Read more…

S&P 500 Futures Trading Outlook For April 20, 2017

S&P 500 Futures Trading Considerations For April 20, 2017 The edges of the range continue to deliver the best reversal trades intraday on the S&P 500 (INDEXSP:.INX). However, traders need to remain caution on these edges as they can stretch a bit before reversal, as they did yesterday in both the…

S&P 500 Futures Trading Outlook For April 19

Stock Market Futures Trading Considerations For April 19, 2017 The S&P 500 Index (INDEXSP:.INX) held support in a battle against longer time frames – this shows that our range still remains intact. Key levels to watch are in the trading section on ES.  Gold and the 30-year bonds have been running…

S&P 500 Futures Outlook: Key Trading Levels For April 18

S&P 500 Futures Trading Considerations For April 17, 2017 The S&P 500 (INDEXSP:.INX) bounced right where we expected (see yesterday’s post). But there’s a lot of work to do.  Buyers still need to be disciplined and understand that the support range below needs to hold. Check out today’s economic calendar with a…

Market Futures Trading Outlook For April 12, 2017

The Volatility Index (INDEXCBOE:VIX) and volatility futures are on the rise. This has caused the S&P 500 (INDEXSP:.INX) charts to whipsaw around. That said, prices were bought once more at its lower edges of congestion and lower highs are holding… for now. Trading ranges did expand – but with damp momentum, we are…

S&P 500 Futures Trading Outlook For April 10, 2017

Stock Market Futures Trading Considerations For April 10, 2017 The S&P 500 (INDEXSP:.INX) and other futures trading indexes continue to look very congested into the holiday shortened week ahead.  A reminder that markets are closed for Good Friday. Check out today’s economic calendar with a full rundown of releases. And note that the…

S&P 500 Futures Trading Outlook For April 6, 2017

Stock Market Futures Trading Overview For April 6, 2017 Things unraveled quickly across the stock market yesterday. Moving into today, traders will be watching key support levels on the S&P 500 (INDEXSP:.INX), Nasdaq (INDEXNASDAQ:.IXIC), and crude oil. Below is a recap of each futures contract and trading charts. Check out today’s economic…

3 COT Report Charts For Commodities Traders

The following is a recap of the March 31 Commitment of Traders Report (COT) released by the CFTC (Commodity Futures Trading Commission) looking at Commitment of Traders data and futures positions of non-commercial holdings as of March 28. Note that the change in COT report data is week-over-week. Excerpts of this…

Energy Sector (XLE): Odds Favor A Rally Here!

The table below looks at the performance of the major S&P 500 sectors over the past 5 years. One sector stands out… and for the wrong reason. The Energy Sector ETF (NYSEARCA:XLE) has been a notable laggard (-1.42%). It has lagged the S&P 500 (NYSEARCA:SPY) by nearly 70% over that 5 year period. So here’s…

S&P 500 Futures Trading Outlook For March 30

Stock Market Futures Trading Considerations For March 30, 2017 Higher lows continue to form on the S&P 500 (INDEXSP:.INX) in a grind towards resistance (for now). Momentum is drifting so traders will have to remain disciplined and focused into quarter end. Check out today’s economic calendar with a full rundown of releases.  And…