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Thursday, January 26, 2012
Thusday Morning S&P Futures Note
By Sell Puts
1/26/2012 07:45:00 AM
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5 min ES
Another day another new 2012 high.. this time we took out 1325 and traded 1327.
1320 is lower line in sand for support off the open.
Crude up 1.5% to over 101
Gold up over 1.3% to 1722.3
Euro up half a percent to 1.3168
Jobless claims spike to 377k for last week..
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PRE Apple EPS S&P 500 and Nasdaq Charts -
The ES held up fairly well throughout the session... 1363's were tricky but they held.. now 1365 support with 1371 resistance. 5 min ES ...
Gold broke multi-month uptrend. looking for 1500
soon.. this chart is a continuation from late 2011 annotations which pointed towards lower prices, especially if the (red) uptrend line we...
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still over the up trend at 1393.50-94.. though not by much..below we fall to 1390, the afternoon break out level... 1 min ES
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Post failure of 1370 played out as described below...1360 still the line in sand.. below 1355-1350 current ES chart below - check out Trad...
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