479.97Open479.97Pre Close1 Volume0 Open Interest5505.00Strike Price48.00KTurnover156.97%IV-0.01%PremiumNov 14, 2024Expiry Date480.38Intrinsic Value100Multiplier0DDays to Expiry0.00Extrinsic Value100Contract SizeEuropeanOptions Type0.9474Delta0.0003Gamma12.29Leverage Ratio-41.9160Theta0.0580Rho11.64Eff Leverage0.2149Vega
S&P 500 Index Stock Discussion
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ *]We continue to stay bullish as price is holding above 6000 support level. We expect the price to push towards 6050 resistance level. Technical indicators are leaning towards a bullish scenario.
Alternatively: A 4 hour candlestick closing below 6000 support level would open next drop towards 5940 support level.
$USD (USDindex.FX)$(4 Hour Ch...
DJIA: 43,958.19 (+0.11%)
Nasdaq-100: 21,036.16 (-0.16%)
Eurostoxx: 4,740.34 (-0.09%)
U.S. crude futures: 68.43 (+0.46%)
Wall street saw a mixed performance on Wednesday, on the back of consumer price index (CPI) data, which rose 0.2% month-on-month in October, being within estimates. The Dow Jones and S&P 500 got off to a good start early in the session before giving back some gains to close sli...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded up 2 bps, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.11%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.21%.
MACRO
The Consumer ...
My name is Kevin Travers; here is the news about animal spirits moving markets today.
$JetBlue Airways (JBLU.US)$ climbed 14% after a Bloomberg report that $American Airlines (AAL.US)$ a...
Meanwhile, it looks like it’s a 50-50 call for Powell to cut rate in December.
Interesting…
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Trump Media & Technology (DJT.US)$ $Palantir (PLTR.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Advanced Micro Devices (AMD.US)$ $Amazon (AMZN.US)$ $Super Micro Computer (SMCI.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $Alphabet-A (GOOGL.US)$ $Palantir (PLTR.US)$ $Apple (AAPL.US)$
If we draw a trendline from October 2007 and connect it to December 2021, we can clearly see that the market has been forming a rising wedge right up into that MAIN resistance. As I have shared before, if the giant cup and handle pattern plays out then the market will likely see ~6160 on SPX, maybe touch 6200 in a blowoff, but if that resistance line holds we will see a massive rejection.
I have sh...
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