Gm everyone HAppy new year…

Typical gap down where people take profit to puch taxes another year end of 2014  from our top buy zone 1848 ES.

Key CL AND EURO at key support this am.

Trade safely OTM credit spreads…or small directionals

Watch AAPL need to hold 555-540-534 now key

Gm similar to yesterday SEE WEEKLY VIDEO AND NOTES

1) perfect call on GOOG retracement toward 1107-1100 . Then watch for some support

2) AAPL KEY SUPER SUPPORT 447-433

3) ES and spy not worth it unless we touch ES 1848 for a decent retcement and unless you have winners

MOST HEDGE FUNDS WE CONSULT FOR USE 4-5points ES and I PREFER 20-40cents SPY options stops.

4) CL key now at 98.55-98.85 for support

5) EURO SAME key support 1.3745

HAPPY NEW YEAR …REFLECT prepare yourself,  PROPER SIZES ON EVERY TRADE , ENOUGH SPACES TO TRADE EXTREMES FROM THE ZONES, ALWAYS TRADE IN THE MAIN TREND, WAIT FOR RIGHT SHIFT OF MOMENTUM AND PROPER RETEST LOWER HIGHS OR CLUSTERS WITHIN THE TREND, strategies, diversify accounts and PAY YOURSELF DAILY…see you Thursday..

Marc

Gm Weekly Action video for members ready below with Notes :

Es key resistance 1849 support 1834-1831

* AAPL key support 555-560 then 533-545 Resistance 565 to 589

* Euro 6 E key support here at 1.3720

* CL key support 99.85

(Note next get together next week week Tuesday Jan 7th) Trade safely here with low volume it is very easy to manipulate a 49 ES touch or a retracement 1816-1824. Still holding SPY longs 178 and 180 calls January from the FOMC runners and the AAPL

Spreads see previous posts and Video AAPL jan CREDIT SPREADS 525-520/530-535

Gm everyone hope you had a great Christmas if no a good Holiday so far….see new numbers below refresh at 8:15am est

All is happening as a continuation of the FOMC trades which I still have runners on SPY and AAPL spreads see below if you missed THAT KEY VIDEO WATCH IT AGAIN AND AGAIN AND AGAIN HERE ALL WAS THERE

http://www.daytradingzones.com/blog/4kspyfomc

We will be back Monday with the weekly video. January 7th for the Chart Blast. the bottom line is ES is slowly drifting toward 1850 and has mentioned on the previous videos it is all about having runners run for max profits and OTM spreads that allow you to make money while you enjoy your vacation and take advantage of daily time decay on low volume weeks like now…this strategy has been told again and again since December 3-4th see all members blog pots.

I still hold SPY call jan runners from Video above

AAPL spreads

and FXE euro longs see position below image since before 12/20 posted on the members blog debit spreads and credit spreads see previous posts.

Reminder: There is no Daily Analysis this week for the holdiays.

The Blueprints will resume again on Monday 30th.

Have a great break!

The DayTradingZones Team

Gm everyone same all grinding we need to make new highs asap be very careful of a quick retracement toward the 1797-1791 within the next few days ideally on ES we need a double top before it happens….to me NO TREND REVERSAL till below 1786 they may pull back but bulls in command so long we hold 1786-1780. Looking a weekly chart it is scary how far this market has gone up be careful over the next weeks that we end up being suckers into longs at top of a 5 year move.

**WATCH CL if stays above the top of the range 98.85 strong

**Watch for the 1.36 Euro rebound which I call yesterday I started taking a very small position on FXE 135-140 debit spreads call March 2014

** AAPLE GOT TO HOLD MY supports of 532-539 now …we took some spreads credit at 520-525 Jan 2014 and some took 525/530 above dangerous NOW AAPLE need to catch up otherwise the tape is telling us something especially with 556-560 big resistance now…

NOTE : We will be OFF NEXT WEEK it is time for EVERYONE TO UNPLUG I may be able to do the analysis Friday the 27th but count this as the only week of the year to STOP WATCHING and just use your phone to manage position or even BETTER NO POSITION BE FLAT GO ENJOY THIS CHRISTMAS -HOLIDAY WEEK……take care Marc

Gm thank you all for the great feedback on yesterday game plan on ES/SPY we crushed it
if you have not done so watch this video from the FOMC an whatis next
http://www.daytradingzones.com/blog/4kspyfomc

I am pretty done for the year at this point I carry some SPY 22-29 days to go for january with time mostly 177-179 calls and many AAPL OTM as indicated in yesterday game plan 525-520/535/540.

We will do the analysis till Monday included and then back on December 30th/31st time frame for the next analysis.
This is time after tomorrow lunch to let go and enjy your families.
‘
Watch here the euro at 1.3620-1.3540 for a long rebound.
AAPL key support again 33-38 area.

GM everyone all eyes on the fed the gap down on AAPL proves my point December 10 Jan 15th very dangeorus they are killing traders here doing directional if you read all past day after day feedback I give from what I DO i said dangerous use OTM it is crucifix ranges…AAPL proves it this am and proves what I have done in it since the big profits and the webinar feedback i gave last night OTM credit spreads 535-540 i may be tested but not hurt that is the key in trading not getting hurt and maximizing profits on each trades not the number of trades.

BE VERY CAREFUL OF SPIKES AT THE 2pm FOMC anouncement they will kill you with stops loss best stay away till tomorrow or as always the best defense is small sizes especially in options. THE KEY TODAY IS ES 1760-1767 support must hold and resistance 1793-1799 in between dangerous use the rule of 1/3 to make sure the stats are in your side.

*** The market must make higher lows for longs now I would stay away and see what AAPL does around 540 it is the key area i talked about.
*** be careful google at 78 and 84 resistance. READ ALL POSTS since MONDAY and keepn an eye on the euro 1.37 area support.
AVOID the crude in this range read yesterday. SAFER WAIT THURSDAY AM TILL THE DUST SETTLES<>

GM again game plan since last week FOMC decision tomorrow last biggie of the year. Since the December 3rd we said this is not a good time to trade directional because you get hurt here w stops losses it is typical of a mid December mid January time frame ALL EYES ON THE ROUND NUMBERS RESISTANCE 1800 ES and DOW JONES 16,000 retest.

Expect ping pong especially when the FOMC decision comes out. Best is wait for the important support DTZ 1770-1773 to be test again and initiate OTM credit spreads on the SPY or very small SPY directional longs my problem is that we start having lots of resistance at ES 1799-1809 and the market has already got a big move for the past few years so be careful especially nobody knows the taper reaction typically on Thursday the market settles from the decision but many PROS want to get out of town for Christmas so expect by Friday 12 noon markets with light volume do be done till next year even better mid January.. BOTTOM LINE FOR ME I STAY MAINLY IN CASH NOW small on everything and very few trades 1-2 per day top.

** CL and 6E are completely frozen here waiting for the FOMC a spike down on the 6e to DTZ support will be a buy for me as fas as the CL be careful it is in the range 96-98.85

** AAPL if we can hold the 540-550 area would look to a new high re test possible around or at earnings this I play with OTM credit spreads around 535-540 the big money we already did it.

** GOOG and AMZN may try to test round numbers resistance but be careful to chase here all should be very careful in small sizes OTM for protection no directional options on these you will get crucified unless small sizes.

SEE YOU TONIGT FOR THE OPTIONS SPECIAL LAST BLAST WE WILL TAKE SOME EXAMPLES IF YOU ARE ADVANCED IN OPTIONS YOU MAY PASS IF YOU IMPORTANT REFRESH COME 4:15pm est regsiter below

https://www2.gotomeeting.com/register/542529890

GM everyone well the 1760 area right on from last week the thing WHO watched their intra night action..that is why use your cell or anything to see what happens around the key weekly numbers THIS 1760 was the biggie all last week in the analysis.
this gap is solid on the ES to hold the key 1772 now problem lots of resistance toward 1793-1799.

Don’t forget to register for tomorrow’s Live Chart Blast 4.15pm est here:
https://www2.gotomeeting.com/register/542529890

Watch CL rebound to resistance 97.85-98.55
6E all eyes on a potential new high above 1.3830

NEW Support and Resistance uploaded see below numbers