During the last 5 trading days, volume in S&P500 index put options has lagged volume in call options by 35% as investors make bullish bets in their portfolios. This is among the lowest levels of put buying seen during the last 2 years, indicating extreme greed on the part of investors (doesn’t sound good to me because my contra indicator says, this is walking on thin ice till we cross 2135, the previous lifetime high). How long will this upmove last? We will see based on the selling resistance faced at 2120. Technically, this is a Buy zone. 2100 has just been crossed. If it can hold, then 2120, 2135, 2150 can come. Stop Loss on every long trade is 2085. If you want to a very safe trade, then you will have to wait for 2135 to be crossed on closing basis. The Stop loss on those trades would be 2120.
Category Archives: Bonus Trades
S&P500 Trading Update – 18Nov2015
The S&P500 index has overcome its recent weakness today with a big green day, and has moved from Sell zone into Buy zone. Today’s closing is 2083, and 2100 can come in the near future. Long trades can be taken up now with 2067 as stop loss.
Bonus Trade: Emini S&P500 Futures have 50-70 points upside this week
Trade Update Sep 12, 2015: This was a successful trade. The index moved up by 60 points. S&P500 hit a high of 1988 on Sep 9, 2015 while our target was 1981. The gap up on Sep 8 was a clear indication of upmove. Traders could capture this upmove in parts, which is the best we can do on in such rapid moves. And it was good decision to regularly book profits because the index fell back to 1940 in the following 2 days, giving opportunity to buy again.
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S&P500 index Last week closing (Sep 04, 2015): 1921
Potential upside target this week (Sep 11, 2015): 1981
Stop Loss on this long trade: 1911
S&P500 Emini Futures Trading Strategy is to buy on dips
and book profit at every 10-20 points gain.
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Bonus Trade: Buy S&P500 Emini Futures at 1900 for target 1945
Trade Update: 11.00 am US EST, Aug 27, 2015: Both targets of 1945 and 1965 have been hit this morning. The stop loss of 1900 was hit yesterday morning, but the second attempt was successful in getting the big trade in our bag. Please read below for trade details.
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10.00 am US EST, Aug 26, 2015:
Hello Folks, here’s the next Bonus Trade for all our website visitors.
Buy S&P500 Emini Futures above 1900 for target 1945, with 1890 as stop (all three numbers are S&P500 Index spot price, not ES futures value, which may fluctuate more). Current value of S&P500 index is 1901. 45 points gain, with 10 points risk, is very good risk-reward ration. This is high reliability trade after 5 days of large falls. This is not a day trade and may need holding for 2-3 days, though the upside target of 1945 could come by end of today also.
Please Note: If stop of 1890 is hit, then you have to get back into this trade when 1900 is crossed again. This trade is for active traders who can take volatility. This reversal trade is not to be missed. The ongoing large volatility in markets is giving big trades.The upside probability is high, and such a trade comes along once a quarter, and must be taken with both hands. Large traders can buy more contracts, and hold some contracts for 1965 target, after selling a majority at 1945.
Bonus Trade: Buy S&P500 at 2080 for target 2090
Hello Folks, here’s a Bonus Trade for all our website visitors.
11:30 am US EST: Buy Emini Futures at S&P500 (spot price) between 2080-2083 for target 2089-2091. 10 points upside clearly visible. This price target may come today or it may come tomorrow. As mentioned across our website, we will trade with price targets, even if it means carrying positions overnight.
Update: 13:30 am US EST: This trade has moved very smoothly to hit our upside target of 2090 S&P500 (spot price) within 2 hours (though we were prepared to hold till eod tomorrow), and we have booked 10 points profit at 2091 S&P500 (spot price). The trade moved really well. Thank you S&P500!
Background Notes: The S&P500 index has taken support at 2070 today and is bouncing back after 5 days of non-stop fall losing about 65 points from the high of 2130. So, we can expect a bounce back back of 10-20 points least before further fall resumes or new uptrend starts, which we can’t say yet. Stay Tuned. Stay Alert. Keep positions light till 2100 is crossed.