Tag Archives: volatility

Bonus Trade: Buy Emini Futures for 40-50 points upside

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Bonus Trade update 06-Jan-2016: Please note the following.
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If 1980 stop is hit, then buy back your futures when 1985 is crossed on the upside, with Stop at 1980 once again. In any case, you must have futures long above 1993 (i.e, above 2000 on S&P500 index)
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Date: 04-Jan-2015
Hello Folks, the buy signal is visible now. The futures are at 1993 currently. Here is our bonus trade of Jan 2016, for all regular visitors of our website.
Bonus Trade#1: Jan 2016
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Buy at: 1993
Target: 2043
Stop: 1980
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Traders can also take profit at 2013 and 2023, so that they can buy back again at lower levels, within the above trading range. The S&P500 index and futures have recovered very nicely from day lows, and are showing buying strength. The and risk-reward for a long trade is favorable at current levels, as good as it can get. Thanks.

S&P500 needs to close above 2055 for upmove

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Lots of whipsaws have been taking place in the S&P500 (SPX). There is enough fear on the trading floor thinking “what if” the US Fed begins to sound more hawkish than ever before in the context of interest rate hike. However, our view is that US Fed will be “patient” in any interest rate hike. The current market volatility of gap ups and gap downs is to be expected till the Fed’s notes are in the open. Technically, the S&P500 (SPX) needs to stay and close above 2055 for upmove to play out with a target of 2150, a new lifetime high. This will have to coincide with a dovish Fed stance.

sp500-chart-2068-17mar2015

#ratehike  #usfed #dowjones #nasdaq