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Tuesday, 8 April 2014

Buy S&P Futures @ 1834, Buy/Sell S&P Futures @ 1840

S&P Futures rebounded from 1834 again although it's not a strong support
It's also forming resistance @ 1840
1840 might become turning point around 10am EDT when US economic data decides if it becomes support or resistance

High risk:
Buy S&P Futures @ 1834 or below 1840 (as low as possible) if it stays above & goes higher

Buy S&P Futures @ 1840 if it stays above & goes higher
Sell S&P Futures @ 1840 if it stays below & drops further
All for 30 minutes expiration

April 7 2014 results

Previous signals:
S&P Futures dropped from 1890 to 1850 last Friday, possible support @ 1850 but still quite risky as it's too weak
Resistance formed @ 1860 but might be temporary

Look to buy S&P Futures @ 1850 if it stays above & goes higher, for 30 minutes expiration
Look to sell S&P Futures @ 1860 if it stays below & drops further, for 30 minutes expiration

Sell S&P Futures @ 1855 if it stays below & drops further, for 30 minutes expiration

New resistance formed @ 1855, stronger resistance still @ 1860

Results:
Buy S&P Futures @ 1850- win at higher risk
Sell S&P Futures @ 1860- invalid
Sell S&P Futures @ 1855- win
 
S&P Futures dropped below 1850 but rebounded temporarily
Stop buying after it dropped below 1850 but couldn't rebound again later
S&P Futures stayed below 1860, only reaching 1857 & dropped as new resistance formed at 1855
S&P Futures dropped sharply from 1855 to 1834 after breaking above 1855 temporarily



Monday, 7 April 2014

Sell S&P Futures @ 1855

Sell S&P Futures @ 1855 if it stays below & drops further, for 30 minutes expiration

New resistance formed @ 1855, stronger resistance still @ 1860

Buy S&P Futures @ 1850, Sell S&P Futures @ 1860

S&P Futures dropped from 1890 to 1850 last Friday, possible support @ 1850 but still quite risky as it's too weak
Resistance formed @ 1860 but might be temporary

Look to buy S&P Futures @ 1850 if it stays above & goes higher, for 30 minutes expiration
Look to sell S&P Futures @ 1860 if it stays below & drops further, for 30 minutes expiration


Buy S&P 500 @ 1890- invalid

Buy S&P 500 @ 1890 if it stays above & goes higher, for 30 minutes expiration

2nd possible support @ S&P 500's 1890 although slightly broken & risky

Result: invalid
S&P 500 failed to stay above 1890 the 2nd time & broke straight below 1890 therefore signal is invalid & risky as expected


Sell S&P Futures @ 1887- win

Previous analysis & signals:
S&P Futures broke above resistance 1887 after NFP but not supports found yet
Possible support @ 1887 if resistance turns into support

Look to sell S&P Futures @ 1887 if it stays below & drops further, for 30 minutes expiration
Look to buy S&P Futures @ 1887 if it stays above & goes higher, for 30 minutes expiration

Risk: S&P Futures might retest resistance @ 1887 & drop further first
Trading will be high risk today after NFP

Results:
Sell S&P Futures @ 1887- win
Buy S&P Futures @ 1887- invalid

Resistance @ 1887 remains as S&P Futures dropped back below 1887 & slightly above it to retest it & finally dropped further below
Avoid buying as resistance did not turn into support when it couldn't go even higher but dropped back below


Friday, 4 April 2014

Buy S&P 500 @ 1890

Buy S&P 500 @ 1890 if it stays above & goes higher, for 30 minutes expiration

2nd possible support @ S&P 500's 1890 although slightly broken & risky

Stock Market Analysis

S&P Futures broke above resistance 1887 after NFP but not supports found yet
Possible support @ 1887 if resistance turns into support

Look to sell S&P Futures @ 1887 if it stays below & drops further, for 30 minutes expiration
Look to buy S&P Futures @ 1887 if it stays above & goes higher, for 30 minutes expiration

Risk: S&P Futures might retest resistance @ 1887 & drop further first
Trading will be high risk today after NFP

Buy S&P Futures @ 1880- win, Sell S&P Futures @ 1887- win

Previous signals:
Buy S&P Futures @ 1880 if it stays above & goes higher, for 30 minutes expiration
Sell S&P Futures @ 1887 if it stays below & drops further, for 30 minutes expiration

Results:
Buy S&P Futures @ 1880- win
Sell S&P Futures @ 1887- win

S&P Futures dropped from 1887 to 1880 & rebounded back up
Stop buying after it broke below 1880 later


Thursday, 3 April 2014

Sell S&P Futures @ 1887

Sell S&P Futures @ 1887 if it stays below & drops further, for 30 minutes expiration