Category Archives: Emini Futures Trading Strategy

Emini Futures Trading Update – 26Aug2016

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sp500-emini-futures-weekly-chart-26aug2016

Here is the weekly chart of S&P500 Emini futures. The current upside target is 2200. The 3 major support levels are marked in yellow. They are at: 2150, 2000, 1850. As you will observe, they are at a gap of 150 points each. We can hold long positions with 2150 as stop. Between 2150 and 2100, its a zone of indecision and we can avoid long or short trades. Below 2100, we can sell Emini futures for targets of 2020 with stop of 2120. If the index goes into a correction mode, we have to wait aside for the fall to stop and a green week to come, which will indicate larger buyers are stepping in. Only then, we can consider new long positions in Emini futures. Thanks.

 

Emini Futures Trading Update- 01Aug2016

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This is an actual email sent to subscribers on August 1, 2016.

Hello Folks, the futures are currently at 2163.
The S&P500 has been facing profit booking, but the upmove can start again
if corporate earnings play out well. The US Fed interest rate hikes are
now not seen become October, so that is a comfort factor for the market.

The base case for S&P500 index is to move higher towards target 2200.
But August has been volatile in recent years, bringing different reasons
every time. So we must be cautious. Downsides can emerge out of nowhere
and in such a case, long unwinding can rapidly take the S&P500 index back
to 2000-2050 levels. Continue reading →

S&P500 Futures Monthly Chart Analysis – 29July2016

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Following is the S&P500 Futures Monthly Chart over last 10 years from August 2017 to July 2016. The S&P500 index futures have been moving up firmly on the support of a long term trend line since March 2009. Like all trend lines, this trend line will also break one day, and open the way for larger downside. We don’t know when that will happen, so we have to trade with cautious, every time we bounce away from the trend line because there is a strong tendency to revert back to it, which is currently at 1900, or 265 point behind. sp500-futures-monthly-chart-29july2016

On the upside, 2200 is a reliable target, and it can come in August if some major bad news does not come. As mentioned previously on this website, our strategy for year 2016 has to been to stay long above 2000, and that has worked well, and we have 165 points gain on the positional trade, which has been done in several parts over last 4 months. August is a month of high volatility and we have to be cautious.

Emini Futures Trading Update- 06July2016

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Following is our email sent to subscribers on July 6, 2016.

Hello Folks, the futures are currently at 2086. They have recovered nicely from day low of 2066. However, selling pressure is visible on daily charts, and today’s lower level buying may not hold if fresh round of selling comes. At the same time, the V-shape recovery from lower levels after Brexit is impressive. It is possible that 2100 on futures will get tested again.

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Please note our Emini Futures Trading Strategy for this July month: The 2053 number in futures is still intact as the dividing line for positional long and short trades. Below 2053, we start a short trade with 2063 as stop. Above 2053, we start a long trade with 2043 as stop.
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* Traders with 1-2 contracts: There is no trade as of now for you.
* Traders with 5-10 contracts: You may buy 1-2 contracts at 2086 for target 2096, with Stop 2076. This tactical trade can play out by Friday. Thanks.

Emini Futures Trading Update – 30June2016

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Hello Folks, the futures are currently at 2088.
Our Trade#6 has its target of 2083 today afternoon, and therefore, this trade is closed, along with month-end today. We will start new set of trades from tomorrow, 1st July.

The v-shape recovery after Brexit reminds me of the v-shape recovery after the first Grexit news flow in 2011 and then the S&P500 went up further after emphatic bounce back. If S&P500 index goes above 2100 again, then we will see new highs in the coming weeks and 2250 will be our target.

Just like we have a standing trade, to go long above 2053, we will have a new standing trade above 2135, which will ensure that we are benefiting from the upmove. I will give the exact details of this trade once S&P500 index is at 2120 and nearing the previous highs. Thanks.

[Positional Trade Update]: Traders with multiple contracts who went long above 2053 (our automatic long trade), can now close their long positions today/tomorrow around 2083-2093 (current levels), and take out the 30-40 points profits. We will plan new positional trade for July from tomorrow. Thanks.

Wishing good luck and fortune to every sincere and disciplined Emini Futures trader out there. Thanks for visiting our website.