Bonus Trade: Buy S&P500 Emini Futures at 2010 for target 2045

Hello Folks, here’s a Bonus Trade for all our website visitors.
Background Notes: The S&P500 has been correcting relentlessly this week from 2100 to below 2010. The Index is oversold in the near term, and is poised for an upmove at the first opportunity, which may come today or on Monday. The Index is not suitable for short selling at current levels, as shorts may want to cover rapidly once the upmove starts, to protect their windfall profit this week. The 90 point correction this week creates a long trade opportunity as follows:

Specific Trading Opportunity: Buy S&P500 Emini Futures (ES) at 2010 for target 2045. 2010 is the current market price. This is not a day trade and needs holding for 5 days. The target 30 points upside is possible in the coming week by next Friday. This trade is for aggressive traders who can take volatility. The Stop Loss for this trade is 1997 on S&P500 Emini Futures (ES).

Please Note: Even if the Stop loss is hit, traders should get back in the trade once S&P500 Futures come back above 2002. This reversal trade is not to be missed. The upside probability is high, and such a trade comes along once a quarter, and must be taken with both hands.

Bonus Trade: Buy S&P500 Emini Futures at 2085 for target 2095

Trade Update: 17 August 2015:
S&P500 Emini Futures have hit both our upside targets: 2095 and 2100.
Today’s Range: 2074.95 – 2100.45
10 points profit booked today on 2085 buying from last Thursday.
One more successful trade completed. Thanks to the S&P500 Index.

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Hello Folks, here’s a Bonus Trade for all our website visitors.
Background Notes: The S&P500 showed amazing strength today by recovering nearly 40 points from its day lows to close in green! That’s a lot of work done in one day, and it establishes strong buying interest at 2050-2060 level, which was getting tested regularly for last couple of weeks. Today’s emphatic upmove from deep lows will ensure that 2060 is respected a strong support in the coming days. This creates a long trade opportunity on Thursday (Aug 13, 2015) as follows:

Specific Trading Opportunity: Buy S&P500 Emini Futures (ES) at 2085 for target 2095. This 10 points upside is clearly visible after today’s move. Larger traders can hold some contracts for 2100 also because that is the next target after 2095. These price targets may come by end of Thursday or by end of Friday. As mentioned across our website, we will trade with price targets, even if it means carrying positions overnight.

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.

S&P500 Futures Trading – 20July2015

Hello Friends, good morning! Today is a tricky day, and we need to be careful because 10-20 points downside can open up rapidly below 2026 on S&P500 Index (spot). It is better to initiate new long positions only above 2030 on S&P500 Index (spot). The Emini Futures Trading Strategy for this week is to buy on dips near 2110 for higher levels of 2120-2130 on on S&P500 Index (spot). The absolute stop loss on long trades is 2100 on S&P500 Index (spot).

S&P500 Becomes a Buy today at 2076

The S&P500 index has given a fresh Buy Signal today with a closing at 2076 (spot). The immediate reliable target is 2100 (spot), with a stop loss of 2067 (spot) on closing basis. This target should come within July. So this presents an opportunity to make 20-25 points on the Emini Futures this month. We are sharing this trade as a bonus for our regular website visitors.

Traders Please Note: It pays to trade the S&P500 Emini Futures with S&P500 spot price levels because the long term charts are available for S&P500 index, even though the S&P500 Emini Futures maybe trading at a discount or premium. Its true that Emini Futures tend to have a larger daily high-low band because of gap ups and gap downs, and pre-market trading which tend to extrapolate trends from other markets.

Trading with S&P500 Emini Index (spot prices) will help us keep our sanity over long term, even if we miss a few points here and there. Always watch the S&P500 index level to see daily, weekly closing.