Friday, July 17, 2015
Final #VX Futures Spread for Friday, July 17, 2015
Today, at the Close, we rolled our spread to LONG August SHORT December VIX Futures.
Thoughts and #CL_F Levels for Friday, July 17, 2015
CLQ5 finally
breaches below 51; now I will have
an eye out for a potential shakeout just below 51 in order to think bullish which means CLQ5 must first get through and hold back above 50.90-51.50 zone to confirm a shake otherwise
49.80 then 48.50-47.75 zone will be potential lower targets.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC
Thursday, July 16, 2015
Thoughts and #CL_F Levels for Thursday, July 16, 2015
The 51s support for CLQ5 remains key
for swing Long potential; however current bias is still more on the neutral
side while above 51s and below 53s but as I said earlier this
week everyday day that goes by above 51 I favor the swing Long
potential more and more.
If a breach and close below 51 I also think
downside could be limited to 48.50-47.75 zone so my interest in Shorting
CLQ5 will not come until higher levels.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Wednesday, July 15, 2015
Tuesday, July 14, 2015
#FXI Update Bias and Levels for Tuesday, July 14, 2015
Swing bias for #FXI
is now Short against 43.75. Yesterday I did get a first
entry for a new #FXI swing Short at the 43.20-43.75 target zone and the plan/strategy remains the same;
scale into #FXI Puts within the zone
and then out if above 43.75.
While below 43.75
the lower targets are at 41.85 then 40.90.
If stopped out just above 43.75
the next area to re-consider the Short
is at 45.05-45.90 zone.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC
Thoughts and #CL_F Levels for Tuesday, July 14, 2015
CLQ5 swing bias remains at neutral while above 51s but definitely starting to favor a new swing Long trade more and more each day that
goes by holding above 51. I did try
to front run a Long entry yesterday
against the 51.40 support level but
my order was just missed.
Today
I will look to do the same and scale into a Long within the 51.70-51.40 zone if reached and if so the
first upside target is at 52.85 then at 53.30-53.50 zone.
A
breach below 51.40 then if below 50.90 the 49.50-47.75 target zone will then be on the radar.
Ethan Premock
Futures & Options Strategist
Hamzei Analytics, LLC
Hamzei Analytics, LLC
