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Posts Tagged Under: Emini-S&P500

Chart Analysis and News for the Futures Market: Week of 12-11-2016

 

The Following analysis is the opinion of Optimus Futures www.optimusfutures.com

Consumer confidence hit significant highs last week as the positive effects of the post-election sentiment was still in full swing. Next week, the FED may make an important decision on interest rates, but a rate hike is already priced in by now. The most important fact about the central bank event will be what Yellen has to say about future policies. If the FED expects inflation to pick up significantly, they might raise interest rates faster than anticipated, which could be negative for stocks.

The S&P Emini closed last week at a historic 2060 which was close to the absolute high, indicating significant strength. Price is now in uncharted terrain and traders need to follow momentum and the general market sentiment. The FED decision could be a key event. To the downside, 2210 is a critical support area.

The CBOE

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Chart Analysis and News for the Futures Market: Week of 11/27/2016

 

Last week saw another strong, bullish, risk-on week across the different asset classes with the S&P Emini climbing to new all-time highs and closing above the 2200 mark. The post-election rally has been the primary driver for the past 3 weeks and investors keep piling into equities; about $1 Trillion has been added to equity values since the election. The market is still focusing on Trump’s plans to cut taxes and boost fiscal spending which will likely lead to an increase in corporate profits. The following analysis is the opinion of optimus Futures, LLC.

The Emini closed very bullish on Friday, all the way at the high of the candle signaling a lot of strength. Price is now moving into uncharted terrain which can bring difficulties if traders are looking for technical confluence. But it is all about the momentum at this stage. A dip and a retracement back into

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Chart Analysis and News for the Futures Market: Week of 11/13/2016

 

The US election is now behind us and with the unexpected Trump victory, it is time to assess how the markets view the new presidency and what they expect going forward. At the same time, earnings season is almost over and 76% of all companies beat their earnings estimates and 56% surpassed revenue projections.

The markets are currently focusing on Trump’s plans to increase US infrastructure spending which boosted stock index futures, the Dollar, Copper and the DOW advanced to historic highs. From a macro perspective, the economy seems to be in good shape and if the trust in the Trump presidency keeps up, it’s likely to see price continue its rally. The following is Optimus Futures, LLC analysis and opinion.

From a technical perspective, we can see how the S&P 500 E-Mini found immediate resistance at the 2100 level after price shot up from the initial election overreaction panic.  Obviously, the

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Deciphering Order Flow – Understanding The Mechanism That Moves Price

 

To understand the mechanism that moves the price up or down we have to learn the interplay between the Depth of Market on one side and Market Orders on the other hand. This interplay is the Order Flow. We used SierraChart Trading Platform for the illustration.

The Current Price is the last price in which a trade took place. This last trade could have taken place either at the Best Bid Price or at the Best Ask Price. Those two terms will make sense in a minute once we understand what the Depth of Market is.

The Depth of Market is the total Size of limit buy or sell orders that are placed at each price. It is often called Liquidity, Limit Orders, Passive Orders or The Book. Take a look at figure #1.

Order Flow Figure #1:  The Emini-S&P500 DOM ( Sierra Chart charting and trading platform.)

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