Adam Mesh Trading
24 Straight Winners and Counting – See How
I’ve traded everything for over 20 years and I’ve never found anything that makes more sense or profits than trading options. I’ve put together a ‘Must Have’ Strategy List to use on your journey—and it’s yours FREE.
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Index Futures Net Changes and Settlements:
| Contract | Settlement | Net Change | +/-% |
| S&P 500 (ESU18:CME) | 2876.75 | +18.75 | +0.65% |
| DowJones (YMU18:CBT) | 25,792 | +121 | +0.46% |
| Nasdaq 100 (NQU18:CME) | 7495.75 | +71.25 | +0.95% |
| Russell 2000 (RTYU:CME) | 1726.80 | +9.20 | +0.53% |
Foreign Markets, Fair Value and Volume:
- In Asia 11 out of 11 markets closed higher: Shanghai Comp +1.89%, Hang Seng +2.17%, Nikkei +0.88%
- In Europe 12 out of 13 markets are trading higher: CAC +0.40%, DAX +0.49%, FTSE +0.19%
- Fair Value: S&P +0.70, NASDAQ +6.78, Dow +3.33
- Total Volume: 1.03mil ESU & 204 SPU traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes Chicago Fed National Activity Index 8:30 AM ET, and the Dallas Fed Mfg Survey 10:30 AM ET.
S&P 500 Futures: S&P Up 6 Out Of The Last 10 Sessions
Stocks jumped Friday, putting the S&P 500 on track to notch its first record close since January, after Federal Reserve Chairman Jerome Powell defended the central bank’s plan to raise interest rates gradually.
The S&P 500 futures made a low at 2856.25 on Globex Thursday night, and traded 2864.50 on Fridays 8:30 CT futures open. The first move after the bell was a rally up to 2869.25, followed by a pullback down the the vwap at 2864.75 at 9:15, and then another rally up to a new high at 2874.75. After a small pullback down to 2870.75, the futures stutter stepped back up to a lower high at 2876.25, and then started to drop when the MiM came online showing over $700 million to sell.
As the MiM dropped to $600 million to sell, the ES traded down to the 2873, and then rallied up to 2876. The benchmark futures went on to trade 2875.50 on the 2:45 cash imbalance reveal, as the final MiM showed over $900 million to sell, traded 2876.75 on the 3:00 cash close, and then went on to settle at 2876.75 on the 3:15 futures close, up +18 handles, or +0.65% on the day.
In the end, the ES did made a new high, but volume was only 982,000. In terms of the day’s overall tone, it remained firm, but as we all know, there is a lot of headline risk.
Daily HotSpots
HotSpots are times during the market trading session that for the past XX days have consistently moved in one direction or the other. These HotSpots are published each morning pre-market. The next day, a results post is also published and weekly a summary post.
CAUTION: This data is under development and provided only for research and teaching purposes
If you have questions about HotSpots you can contact us at info@mrtopstep.com.
Normal
Normal is a straight trading day count. A 5 day normal on a full-trading week would include Monday through Friday. A 5 day normal on a Monday holiday week would be the previous week’s Friday, skip Saturday, Sunday and holiday Monday and then Tuesday through Friday.
Early close days are considered non-trading in our normal count and are therefore skipped also.
| 08-27-2018 | 21-normal | Entry | Exit | Trade | Profit | Profit | |
|---|---|---|---|---|---|---|---|
| Contract | Direction | Time | Time | % | % | Points | HeatMap |
| CL_F | long | 1352 | 1400 | 86 | 0.01 | 0.74 | |
| CL_F | short | 1004 | 1024 | -81 | -0.02 | -1.20 | |
| ES_F | long | 1015 | 1037 | 81 | 0.01 | 28.75 | |
| ES_F | short | 1535 | 1555 | -90 | -0.01 | -38.75 | |
| NQ_F | long | 1017 | 1039 | 90 | 0.02 | 117.50 | |
| NQ_F | short | 1546 | 1555 | -86 | -0.01 | -75.75 | |
| YM_F | long | 1028 | 1039 | 81 | 0.01 | 207.00 | |
| YM_F | short | 1544 | 1556 | -95 | -0.01 | -274.00 |
Trading dates are:
[“2018-07-27″,”2018-07-30″,”2018-07-31″,”2018-08-01″,”2018-08-02″,”2018-08-03″,”2018-08-06″,”2018-08-07″,”2018-08-08″,”2018-08-09″,”2018-08-10″,”2018-08-13″,”2018-08-14″,”2018-08-15″,”2018-08-16″,”2018-08-17″,”2018-08-20″,”2018-08-21″,”2018-08-22″,”2018-08-23″,”2018-08-24”]
To read this chart using CL_F above, a Long from 13:52 until 14:00 ET has been profitable 86% of the time over the last 21 days.
| 08-27-2018 | 13-normal | Entry | Exit | Trade | Profit | Profit | |
|---|---|---|---|---|---|---|---|
| Contract | Direction | Time | Time | % | % | Points | HeatMap |
| CL_F | long | 1426 | 1434 | 92 | 0.02 | 1.06 | |
| CL_F | short | 1038 | 1100 | -92 | -0.02 | -1.34 | |
| ES_F | long | 0931 | 0941 | 92 | 0.01 | 22.50 | |
| ES_F | short | 1535 | 1555 | -100 | -0.01 | -30.25 | |
| NQ_F | long | 1025 | 1038 | 100 | 0.01 | 71.50 | |
| NQ_F | short | 1535 | 1552 | -92 | -0.01 | -91.75 | |
| YM_F | long | 1124 | 1142 | 92 | 0.01 | 145.00 | |
| YM_F | short | 1535 | 1554 | -100 | -0.01 | -316.00 |
Trading dates are:
[“2018-08-08″,”2018-08-09″,”2018-08-10″,”2018-08-13″,”2018-08-14″,”2018-08-15″,”2018-08-16″,”2018-08-17″,”2018-08-20″,”2018-08-21″,”2018-08-22″,”2018-08-23″,”2018-08-24”]
To read this chart using CL_F above, a Long from 14:26 until 14:34 ET has been profitable 92% of the time over the last 13 days.
| 08-27-2018 | 11-normal | Entry | Exit | Trade | Profit | Profit | |
|---|---|---|---|---|---|---|---|
| Contract | Direction | Time | Time | % | % | Points | HeatMap |
| CL_F | long | 1426 | 1442 | 91 | 0.01 | 0.98 | |
| CL_F | short | 1004 | 1024 | -91 | -0.02 | -1.01 | |
| ES_F | long | 1451 | 1516 | 100 | 0.00 | 12.25 | |
| ES_F | short | 1535 | 1555 | -100 | -0.01 | -24.00 | |
| NQ_F | long | 1017 | 1039 | 100 | 0.01 | 75.00 | |
| NQ_F | short | 1536 | 1552 | -91 | -0.01 | -79.50 | |
| YM_F | long | 1120 | 1143 | 91 | 0.01 | 174.00 | |
| YM_F | short | 1535 | 1552 | -100 | -0.01 | -245.00 |
Trading dates are:
[“2018-08-10″,”2018-08-13″,”2018-08-14″,”2018-08-15″,”2018-08-16″,”2018-08-17″,”2018-08-20″,”2018-08-21″,”2018-08-22″,”2018-08-23″,”2018-08-24”]
To read this chart using CL_F above, a Long from 14:26 until 14:42 ET has been profitable 91% of the time over the last 11 days.
| 08-27-2018 | 8-normal | Entry | Exit | Trade | Profit | Profit | |
|---|---|---|---|---|---|---|---|
| Contract | Direction | Time | Time | % | % | Points | HeatMap |
| CL_F | long | 1152 | 1203 | 100 | 0.01 | 0.64 | |
| CL_F | short | 1004 | 1024 | -100 | -0.02 | -1.19 | |
| ES_F | long | 0931 | 0941 | 100 | 0.01 | 18.00 | |
| ES_F | short | 1535 | 1555 | -100 | -0.01 | -19.75 | |
| NQ_F | long | 1026 | 1039 | 100 | 0.01 | 65.50 | |
| NQ_F | short | 1543 | 1559 | -100 | -0.01 | -37.25 | |
| YM_F | long | 0931 | 0941 | 100 | 0.01 | 159.00 | |
| YM_F | short | 1535 | 1552 | -100 | -0.01 | -183.00 |
Trading dates are:
[“2018-08-15″,”2018-08-16″,”2018-08-17″,”2018-08-20″,”2018-08-21″,”2018-08-22″,”2018-08-23″,”2018-08-24”]
To read this chart using CL_F above, a Long from 11:52 until 12:03 ET has been profitable 100% of the time over the last 8 days.
| 08-27-2018 | 5-normal | Entry | Exit | Trade | Profit | Profit | |
|---|---|---|---|---|---|---|---|
| Contract | Direction | Time | Time | % | % | Points | HeatMap |
| CL_F | long | 1137 | 1203 | 100 | 0.02 | 1.04 | |
| CL_F | short | 1336 | 1349 | -100 | -0.01 | -0.81 | |
| ES_F | long | 1126 | 1152 | 100 | 0.00 | 12.25 | |
| ES_F | short | 1536 | 1555 | -100 | -0.00 | -10.00 | |
| NQ_F | long | 1015 | 1036 | 100 | 0.01 | 60.25 | |
| NQ_F | short | 1430 | 1455 | -100 | -0.01 | -39.25 | |
| YM_F | long | 0932 | 0952 | 100 | 0.00 | 125.00 | |
| YM_F | short | 1526 | 1552 | -100 | -0.00 | -110.00 |
Trading dates are:
[“2018-08-20″,”2018-08-21″,”2018-08-22″,”2018-08-23″,”2018-08-24”]
To read this chart using CL_F above, a Long from 11:37 until 12:03 ET has been profitable 100% of the time over the last 5 days.
See all of today’s HotSpots here
Stock Traders Almanac September Strategy Calendar
[gview file=”https://mrtopstep.com/wp-content/uploads/2018/08/AIN_0918_20180823_September_Calendar_pdf.pdf”]
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As always, please use protective buy and sell stops when trading futures and options.
Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
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