Tag "crude oil"

S&P 500 Futures Trading Outlook For April 27

Stock Market Futures Considerations For April 27, 2017 The S&P 500 (INDEXSP:.INX) finally took a breather yesterday. After rallying in the morning up to our targeted range, the index pulled back. See below for trading setups. Check out today’s economic calendar with a full rundown of releases. And note that the charts below…

S&P 500 Futures Trading Update: Bullish But Tired

Stock Market Futures Considerations For April 26, 2017 Bullish but tired would be my estimation of the price action here as the S&P 500 (INDEXSP:.INX) continues to press forward on shallow pullbacks. This should also be the order of the day. Check out today’s economic calendar with a full rundown of releases. And note…

S&P 500 Futures Trading Outlook For April 25, 2017

Stock Market Futures Considerations For April 25, 2017 The S&P 500 Index (INDEXSP:.INX) continues to rally higher as momentum builds.Holding above 2370 will be important as the market looks for another day of gains. Check out today’s economic calendar with a full rundown of releases. And note that the charts below are from…

S&P 500 Futures Update: Trading The Gap (April 24)

Stock Market Futures Considerations For April 24, 2017 Companies continue to report and hold earnings expectations (in general) which is giving the market some confidence. As well, markets are encouraged by Le Pen’s trailing results in France, even though she will be in the run off election. The S&P 500 (INDEXSP:.INX) is set…

COT Report Data (April 21): 3 Charts For Commodity Futures Traders

The following is a recap of the recent Commitment of Traders Report (COT) released by the CFTC (Commodity Futures Trading Commission) looking at Commitment of Traders data and commodity futures positions of non-commercial holdings as of April 18. Note that the change in COT report data is week-over-week. Excerpts of this…

U.S. Financial Markets Update: Investors In Holding Pattern

March was a month of anticipated change that did not happen. And the financial markets took note, with the S&P 500 (INDEXSP:.INX) stalling out in early March. Healthcare reform in the U.S. stalled before even reaching a vote.  Markets hesitated as a tax reform proposal, hopes for which had driven…

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…