407
i still have some spxu... plan to hold at least part of it unless spx makes a NEW high.... and CLOSES there,,,not just intraday penetration
404
Overall a very profitable day, took profits on all trades except the CMCSA loss.
The targets were hit within one cent.... the spx 1105 1103 1099 came just as i expected. :)
Shorts benefited
332
targets are being hit within one cent.....5312 hit in SH....1 cent from 5313 trgt...and stalled...is expected
327
projected: since no 1103, then spx 1105, 1103, 1099...prob contained ovre 1103
324
15min bear flag spx. 1105 spx suggested
315
possible headfake higher followed by close 1108 spx possible. 1108 to 1111 to 1106 to 1108. if it doesnt go up to 1111,,,could see selloff
307
SH overshot the target 5306 by one cent to 5308
256
UNH swing short is fantastic...down another 2.47% today.
spxu swing up 1.47%
249
loss: stopped out of cmcsa for now...can always reenter... loss of 1% on swing size pos
238
most stock indicators are worthless right now, just need to wait to see which way the rectangle breaks, support vs R
UNH swing short is fantastic...down another 2.47% today
229
TRADE: SH targets 5313, 5319, 5328, 5356 with a stall at each one. I know there are many, but thats the nature of daytrades / scalps (for me anyways).
1427
nervous SH could exit here breakevenn....i'll stay
1426
3min bear HS on spx...but with this chop could be meaningless
216
SH is closer to R than support...suggests poss breakout higher (lowr spx)
214
5306 SH suggested...last 5294
143
sh stop .84 give some room
141
to be clear: i have stops set on SH daytrade, but much lower stop on spxu swing... i plan to keep spxu, for now, even if SH stops are hit
123
cmcsa stop 1596
113
crouching tiger mid strength in SH (bear spx). expect 1106 spx. last 1108
104
hmm this SH stuff is not so great for daytrading... low vol causes unfriendly gaps on the 1 min charts.... this is why i like high vol stocks. the SH 1 min chart looks like a gold or silver daily chart....gaps galore
1256
cmcsa stop 1594
1255
SH stop 5286
1243
cmcsa swing is starting to misbehave... may exit this one with merited
1236
spx is confused now...some charts signals bullish, others bearish
1231
spx 15min recently is in a rectangle, with a poss bear desc triangle forming in the rect, which is inside a poss larger bear HS....
1223
cmcsa intraday bear wedge/rounded top
1223
spx 15min bear diverg too...but they can take awhile to take effect...can pop up before the diverg makes it go down
1222
15min spx looks like bear dbl top intraday,,,or bear HS
1207
if SH stalls at 5315 then i will take scalp profits there on a piece. and re-enter if merited. depends
1152
TRADE: SH targets 5213, 5319, 5328, 5356 with a stall at each one. I know there are many, but thats the nature of daytrades / scalps (for me anyways).
because SH is 1x, need to buy 2 or 3 as many shares to mimic the sds or spxu....
1138
sh has bull crouching tiger SH 5295
1126
TRADE CHANGE: using SH instead of sds.... sh 52.94 limit..filled..
1121
TRADE: sds 3655 scalp limit buy if filled.
1059
TRADE: SWING SHORT SPX: I have a swing short spx setup and signal, and early entry but a confirmed early entry setup. today is volatile and could whip around, so a wide stop would be required. Or a stop could be set over the high of day, but that might stop one out prematurely on a headfake move. If the SPX closes strong, then perhaps an exit from the short would be warranted. This is the first swing short pre-mature setup that i've had in awhile. One could short here at 1111, or wait for 1117, SPX last 1111. I have already shorted at 1114.
1052
i expect spx to stall at 1113 on this move up. last 1110
1043
bear divergences in cmcsa suggest down. normally i do not short stocks that gap up (shows strength) but the cmcsa charts seemed to justify a try short there.
1028
TRADE: SPXU targets 3726, 3748, 3757, 3765, 3774, 3785, 3847 with a stall at each one. Most impt ones are 3726, 3774, 3847
1020
cmcsa short is behaving... UNH short behaving. spxu is above the impt 37.26 R at 3732, only marginally so that does not count unless it sustains
1014
TRADE / History: i think that today could be like oct 21 when i shorted at 1099 (high was 1101, followed by nice decline). Entered again short today at 1114 (high so far 1117)... both times within a few points of a major high. Oct. 21 high 1101 fell to 1029 spx, or 72 points. A 72 point fall from 1117 would be 1045 (though that is not my official target, just for comparison)
1003
spxu is up 1% profit, scalpers would take profit, i'm holding
10:01
daytrade short cmcsa 1582....at R...could breakout higher...but shorting...as daytrade poss convert to swing
9:55
spxu is back around where i bought it at...nervouse spxu would exit here...i'm keeping it
9:51
TRADE: despite this upsurge in SPX, the UNH short at is behaving, down 0.42% while SPX up up 0.55%
8:59
Possible array of support/resistance for ES:
ES 1067 1075 1078 1084 1088 1096 1102 1104 1108 1116 1120 1125
Also, I believe that the 1067 was tested afterhours one session in ES, but was not tested yet in normal market hours (930-400) since the 1067 held. So 1067 is a hidden # from the SPX, that could cause SPX to gravitate to that when ES gets near 1075. That is, many will expect 1075 to hold, but a test of 1067 ES could come instead, and then bounce up.
8:41
TRADE: SWING, early entry:
Pre-market, I bought some spxu at 36.74. ES was around 1113 I think (was moving fast when I bought). Stops are wide, below 36.03, with a protective stop at 35 in case the market goes wild one day and I'm not trading at the time. I will raise the stop after observing market action. Reasonable stop would be 35.80 but I don't want to get taken out on a headfake move, so waiting on raising the stop up from 35. So, mentally budgeted for needing to take a loss around 36, with loss at 35 possible.
There is support for SPXU at 36.57 and 36.01 area. (exact numbers calculated later)
5:20AM
ES futures up 6.50 nicely now at 1114.50. They made a high last night of 1115.25, just .25 from the previous night's high at 1115.50.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Thursday, December 3, 2009
Wednesday, December 2, 2009
updated.... Short CMCSA
Wedn. 5:09 PM
For today, the UNH (chart below from earlier) worked well. CMCSA was not ready today for a trade.
CMCSA is in a sym triangle, which could break tomorrow. If it breaks lower, I might initiate a short position. Looking at the daily chart, this could be the early stages of a very large downtrend. But, for now, I'm just taking the swing targets on the way down, one at a time. Of course, this could decide to break higher tomorrow or in the coming days, if so, then a total re-eval is needed.
Notice the series of lower highs and lower lows, indicated by the small horizontal yellow lines. I did not put the lines on the exact price, to avoid clutter.
Here is an updated 60min chart.
Tuesday
Clearly CMCSA 60 min chart needs to settle down before shorting this. Idea only for now. If the 60min starts to turn down, then it will complement the daily and then look like a good short around 15.20 / 15.90. Also need to be cautious of possible Bull Falling Wedge 60min, but that still has downside and might convert to down channel.
UNH short might be better (see post below) ... will be looking at both in addition to the TZA.
Double click on chart to see full size.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
For today, the UNH (chart below from earlier) worked well. CMCSA was not ready today for a trade.
CMCSA is in a sym triangle, which could break tomorrow. If it breaks lower, I might initiate a short position. Looking at the daily chart, this could be the early stages of a very large downtrend. But, for now, I'm just taking the swing targets on the way down, one at a time. Of course, this could decide to break higher tomorrow or in the coming days, if so, then a total re-eval is needed.
Notice the series of lower highs and lower lows, indicated by the small horizontal yellow lines. I did not put the lines on the exact price, to avoid clutter.
Here is an updated 60min chart.
Tuesday
Clearly CMCSA 60 min chart needs to settle down before shorting this. Idea only for now. If the 60min starts to turn down, then it will complement the daily and then look like a good short around 15.20 / 15.90. Also need to be cautious of possible Bull Falling Wedge 60min, but that still has downside and might convert to down channel.
UNH short might be better (see post below) ... will be looking at both in addition to the TZA.
Double click on chart to see full size.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Possible SPX roadmap short term
Possible SPX roadmap short term (if rectangle does not break higher):
Down to 1102, up to 1108, down to 1084
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Down to 1102, up to 1108, down to 1084
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
wedn ramblings (and Tues eve ES futures)
4:02pm
I think Friday's close will be under 1108. But I am not willing to swing trade short. Will wait for tomorrow (Thurs). I also would not be surprised to see the weekly spx candle look similar to last week's (shooting star) tho that might be a tall order.
also, i saw selling today.... i saw what looked like distribution and profit taking,,, also these shoot star candles often mean that too
329
sold sso for profits at .83
318
pushed spx to 1106.50...held so far
[15:15:15] Chris: poss headfake to spx 1106 down, followed by up...
248
spx short term triple bulll diverg in 3min
246
chart pattern suggests possible 1112 spx but support must hold. i wouldnt be surprised to see spx close at 1108 though
239
1min bull W also for a mini pop spx...to 38ish sso
237
there is a crouching tiger sso if .77 is hurdled...but not as reliable in this whipsaw
210
for swing...no tza today, at least now...doesntlook like it will setup either but could change
205
sso stop set below lod of day
147
sso stall .84 expected
145
trying sso 3771 with tight stop
117
stopped out of 1172 tza for loss at .59.... still have the tza from 1130
114
this pattern in tza "usually" will pop up at least one more time, but i don't know if my .72 tza will get stopped out here... others could use a looser stop,
[13:08:07] Chris: UNH short is
behaving...last 2817
107
nervous tza from .72 could exit here at .70/.72.... i will wait ... stop still .59
1255
this tza is nerve racking now... it should bounce up again,,, i might exit the 1172 piece soon, keep the 1130 from earlier at breakeven. last 1168
1247
tza charts say it has unfinished biz on the upside, to me
1243
charts suggest 1105 ES will break, for now, to me. last is 1105
1241
also a nice bull diverg in tza
1236
among other things, tza is nearing a bull rsi fail swing...not confirmed yet so could turn down...in 10 and 15min
1230
trying a small piece
of more tza at .72....
riskier trade. momentum trade for breakout to 1214ish
1222
tza 1178 trgt hit...not much stall there yet
1221
stopped out of sso. took loss on that one. but tza is moving up and hedged against it, so no prob.
1212
asc triangle tza bullish suggests resolve higher in 21 min at 1234pm. target is 11.76,,, close to other targets below.
1210
poss spx HS forming 15min...unfinished. i'm trying to scalp the coil 3min and right shoulder 15min, before it breaks lower (if it does)
1203
sso has a coil in 3min that suggests breakout around 12.33 at curr velocity. if .93 breaks higher it could speed up.
if sso stays over .82, it is in coil. coil boundries about .82 and .92 for now
1154
sso targets 3797, 3817, 3831 with a stall at each one
1152
tza has a bull pennant 15min
1145
crouching tiger...medium strength not strong, for sso
1144
In sso at 37.88
stop on sso at 37.71....bought few shares to allow the stop here since i paid premium for this... my .85 wouldnt fill
1127
more tza at 1152 could work with tite stop...but im not buying now...still have mine from .30
1123
bulls need to step in here...the daily candle is a nasty shoot star...tho the wick is not that tall... per-market i suggested that we could get this type of day today.... bulls can reverse and form a green daily instead...lets see
1120
.61 tza hit...close to .63 next trgt
1118
ES testing very impt 1108 here...if it breaks should get a few points lower. then ES 1105 is impt
1113
152 prev target hit
right on nose, and stalled.... i'll hold
on longer for other targets
1112
stop .37 on 75% tza
1108
tza targets now 1152 57 63 78. stall at each one
1104
scalpers would take 1.2% profit here in tza. i will hold most tza...not selling here
1103
here is the expected 1148...last 1146
1059
stop moved in tza to .33 for 75%...breakeven. will keep 25% tza
1035
tza stop .22 would be tite, safe...stop set there for 75%
1034
tza targets 1138 1147 to start. i expect stalls at each tza target
1033
crouching tigetr in tza is 50% complete.....not there yet, could easily turn either way
1032
mental stop at tza .23.....may sell there in stead of .17
1022
trying some tza at 11.30. stop .17 for now. early entry
1022
UNH stop move to breakeven on rest of it.
1013
yea...tza now at 1132 down from 1150 as expected
1011
took partial profits in unh...stoped out for about 1% profit...will look to short again...
1009
tza might want 1123 or 1111...i'll wait on it...last 1150
1004
stop 2843 on 50% of UNH
1003
expecting unh stall at 28.23....last 28.32
958
scalpers would take the quick 1% in 10minutes profit here in UNH now...i'll hold longer
UNH stratgey: short a weak stock that does not go up with SPX. It keeps going down. When SPX goes down, it will plunge further faster
956
.50 broke and quick .39 as expected....may take some profits at .23
9:53
UNH testing .50 now....if it breaks it should go down more
9:40
TRADE: Shorting UNH 28.70 limit if filled, last 2865. Stop 30 for now, will lower later after analysis. Will start as daytrade and keep as swing if merited. First looking for 28.50 test to see if it holds or breaks. likely will hold on first test of it
Targets: 28.50, 28.23, 28.03, 27.87.
8:44 AM
Since 4:35AM, the ES bounced up from 1106 to 1111. The 1111 held again as R, they went down to 1107, and are currently at 1108. they continue to trade in the range mentioned at 4:35AM.
Wed 4:44 AM
Narrow range next 2 days?
it's possible that we get 1-2 days of narrow range bodies, dojis, shoot stars, hammers for Wedn and maybe Thurs
4:35 AM
ES just dropped from 1111 to 1106....needs to hold the 1106 else 1102, 1098, 1094. If 1106 holds, then 1109, 1111, 1112. Any bounce up needs to hurdle 1109, or else it goes back to 1106, 1102, 1098, 1094
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
I think Friday's close will be under 1108. But I am not willing to swing trade short. Will wait for tomorrow (Thurs). I also would not be surprised to see the weekly spx candle look similar to last week's (shooting star) tho that might be a tall order.
also, i saw selling today.... i saw what looked like distribution and profit taking,,, also these shoot star candles often mean that too
329
sold sso for profits at .83
318
pushed spx to 1106.50...held so far
[15:15:15] Chris: poss headfake to spx 1106 down, followed by up...
248
spx short term triple bulll diverg in 3min
246
chart pattern suggests possible 1112 spx but support must hold. i wouldnt be surprised to see spx close at 1108 though
239
1min bull W also for a mini pop spx...to 38ish sso
237
there is a crouching tiger sso if .77 is hurdled...but not as reliable in this whipsaw
210
for swing...no tza today, at least now...doesntlook like it will setup either but could change
205
sso stop set below lod of day
147
sso stall .84 expected
145
trying sso 3771 with tight stop
117
stopped out of 1172 tza for loss at .59.... still have the tza from 1130
114
this pattern in tza "usually" will pop up at least one more time, but i don't know if my .72 tza will get stopped out here... others could use a looser stop,
[13:08:07] Chris: UNH short is
behaving...last 2817
107
nervous tza from .72 could exit here at .70/.72.... i will wait ... stop still .59
1255
this tza is nerve racking now... it should bounce up again,,, i might exit the 1172 piece soon, keep the 1130 from earlier at breakeven. last 1168
1247
tza charts say it has unfinished biz on the upside, to me
1243
charts suggest 1105 ES will break, for now, to me. last is 1105
1241
also a nice bull diverg in tza
1236
among other things, tza is nearing a bull rsi fail swing...not confirmed yet so could turn down...in 10 and 15min
1230
trying a small piece
of more tza at .72....
riskier trade. momentum trade for breakout to 1214ish
1222
tza 1178 trgt hit...not much stall there yet
1221
stopped out of sso. took loss on that one. but tza is moving up and hedged against it, so no prob.
1212
asc triangle tza bullish suggests resolve higher in 21 min at 1234pm. target is 11.76,,, close to other targets below.
1210
poss spx HS forming 15min...unfinished. i'm trying to scalp the coil 3min and right shoulder 15min, before it breaks lower (if it does)
1203
sso has a coil in 3min that suggests breakout around 12.33 at curr velocity. if .93 breaks higher it could speed up.
if sso stays over .82, it is in coil. coil boundries about .82 and .92 for now
1154
sso targets 3797, 3817, 3831 with a stall at each one
1152
tza has a bull pennant 15min
1145
crouching tiger...medium strength not strong, for sso
1144
In sso at 37.88
stop on sso at 37.71....bought few shares to allow the stop here since i paid premium for this... my .85 wouldnt fill
1127
more tza at 1152 could work with tite stop...but im not buying now...still have mine from .30
1123
bulls need to step in here...the daily candle is a nasty shoot star...tho the wick is not that tall... per-market i suggested that we could get this type of day today.... bulls can reverse and form a green daily instead...lets see
1120
.61 tza hit...close to .63 next trgt
1118
ES testing very impt 1108 here...if it breaks should get a few points lower. then ES 1105 is impt
1113
152 prev target hit
right on nose, and stalled.... i'll hold
on longer for other targets
1112
stop .37 on 75% tza
1108
tza targets now 1152 57 63 78. stall at each one
1104
scalpers would take 1.2% profit here in tza. i will hold most tza...not selling here
1103
here is the expected 1148...last 1146
1059
stop moved in tza to .33 for 75%...breakeven. will keep 25% tza
1035
tza stop .22 would be tite, safe...stop set there for 75%
1034
tza targets 1138 1147 to start. i expect stalls at each tza target
1033
crouching tigetr in tza is 50% complete.....not there yet, could easily turn either way
1032
mental stop at tza .23.....may sell there in stead of .17
1022
trying some tza at 11.30. stop .17 for now. early entry
1022
UNH stop move to breakeven on rest of it.
1013
yea...tza now at 1132 down from 1150 as expected
1011
took partial profits in unh...stoped out for about 1% profit...will look to short again...
1009
tza might want 1123 or 1111...i'll wait on it...last 1150
1004
stop 2843 on 50% of UNH
1003
expecting unh stall at 28.23....last 28.32
958
scalpers would take the quick 1% in 10minutes profit here in UNH now...i'll hold longer
UNH stratgey: short a weak stock that does not go up with SPX. It keeps going down. When SPX goes down, it will plunge further faster
956
.50 broke and quick .39 as expected....may take some profits at .23
9:53
UNH testing .50 now....if it breaks it should go down more
9:40
TRADE: Shorting UNH 28.70 limit if filled, last 2865. Stop 30 for now, will lower later after analysis. Will start as daytrade and keep as swing if merited. First looking for 28.50 test to see if it holds or breaks. likely will hold on first test of it
Targets: 28.50, 28.23, 28.03, 27.87.
8:44 AM
Since 4:35AM, the ES bounced up from 1106 to 1111. The 1111 held again as R, they went down to 1107, and are currently at 1108. they continue to trade in the range mentioned at 4:35AM.
Wed 4:44 AM
Narrow range next 2 days?
it's possible that we get 1-2 days of narrow range bodies, dojis, shoot stars, hammers for Wedn and maybe Thurs
4:35 AM
ES just dropped from 1111 to 1106....needs to hold the 1106 else 1102, 1098, 1094. If 1106 holds, then 1109, 1111, 1112. Any bounce up needs to hurdle 1109, or else it goes back to 1106, 1102, 1098, 1094
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
TZA possible swing entry
The RUT still under the 595/606....may buy some more tza today/tomorrow with a stop set, depending on how the charts look.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
UNH Swing short (possible)
TRADE: Shorting UNH 28.70 limit if filled, last 2865. Will start as daytrade and keep as swing if merited.
Possible swing short (not entered yet)
SHORT UNH around 28.80 / 29 but confirm using the 60 min.... stop 30.23, 29.77, 29.47 or 29.27
Click on the chart to view full size.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Possible swing short (not entered yet)
SHORT UNH around 28.80 / 29 but confirm using the 60 min.... stop 30.23, 29.77, 29.47 or 29.27
Click on the chart to view full size.
Tuesday, December 1, 2009
Tuesday's ramblings
6:32PM
Well I was stopped out of the last trade in tza at 11.96 and had to take a loss on that one. All other trades today were profitable, although the total profits for the day were not much. Tried to get positions, but nothing was "moving" (before 1pm when i left early for the day).
1255
I'm taking the afternoon off, rest of day. stops are set. tza 11.96.
1241
15min ES candle suggests troubel down in ES
1233
tza is close to a bull 3min failure swing (suggests higher tza if it confirms)
1230
some think spx has a bull triangle... i think it is more of a bear wedge than asc triangl
1229
tza tiger trying to form... still half asleep lol. last 1204
1225
nervous tza would take the 1204 gift and exit...i'm staying cuz points higher
1223
might exit tza at 1203 if able...unsure...
1209
tza stop still 1196....i'm taking afternoon off and can't mess with it...last 12.00
1204
the hourly spx candles are rising, but their pattern suggests exhaution and possible move down. It could easily go higher, but its a warning. just cuz the candles are rising does not always mean bullish longer term. of course, spx trend is up today..but warning is there. spx last 1109. this pattern is similar to the one i mentinoed when spx was at 1112ish
1201
surprisingly, tza suggests more up,,,if it can hold the support levels...but charts are saying it is getting ready for bounce in hours not minutes necessarily. last tza 1204
1150
another tiger forming...in tza this time... almost ready, not quite. tza last 12:07
1145
if tza can stay over 11.50 then we have a higher hi, higher low, in tza 60min
1139
trying tza for scalp daytrade not swing, yet... in at 1206. stop 11.96 for now. 11.84 would be better but will use .96 for now
1134
stopped out of all
but 25% at sso .74....took profits at
.81 and .74
1130
38.03ish sso trgt
1128
sso looks set to make a higher daily hi, as expected. last .83
1126
stop .74 on all but 25%. last .78
1123
tiger worked...broke higher 2 minutes after tiger formed...
11119
stop sso .68 for 75%
1116
tiger is formed...requires sso to stay over .60. last sso .68
1110
sso .74 should bring .80
1108
crouching tiger is still malformed with sso at .70, suggests that high will break higher if the tiger forms
1103
sso target 37.80 first
1102
nervous sso would exit here at 37.68...i will hold.
tiger if sso stays over .60
1100
sso trying to form bull crouching tiger,,,,unconfirmed,,,early still...
1058
10min sso does not have any bear diverg, suggesting another pop higher in spx sso
1046
possible bull flag in spx 10min
1023
stop .21 for most of tza. i will keep 25% of tza near breakeven or 1187 stop
1020
decent place to take scalp profit here now at 12.24 from 12.06
1019
stop 1215 on remaing tza...can always buy back
1016
tttttttttttttttttttttttttttttttttttttttttttt
stop 1204 tza
1011
ttttttttttttttttttttttttttttttttttttt
12.33 tza next trgt...then 1249
1008
obviously sold some tza at the .21 for profit...holding rest for more $$
1000
stop 1207
9:50
ttttttttttttttttttttttttttttttttttttttttttttttttt
TRADE: tza stop lowered to 1177 for now
9:44
TRADE: In tza 12.06. stop 11.87 for now.
9:41
Will consider tza at 11.89ish. It hit close to that this morning, by a few cents. Will wait to see if goes lower, and even if longs are justified (e.g. sso).
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Well I was stopped out of the last trade in tza at 11.96 and had to take a loss on that one. All other trades today were profitable, although the total profits for the day were not much. Tried to get positions, but nothing was "moving" (before 1pm when i left early for the day).
1255
I'm taking the afternoon off, rest of day. stops are set. tza 11.96.
1241
15min ES candle suggests troubel down in ES
1233
tza is close to a bull 3min failure swing (suggests higher tza if it confirms)
1230
some think spx has a bull triangle... i think it is more of a bear wedge than asc triangl
1229
tza tiger trying to form... still half asleep lol. last 1204
1225
nervous tza would take the 1204 gift and exit...i'm staying cuz points higher
1223
might exit tza at 1203 if able...unsure...
1209
tza stop still 1196....i'm taking afternoon off and can't mess with it...last 12.00
1204
the hourly spx candles are rising, but their pattern suggests exhaution and possible move down. It could easily go higher, but its a warning. just cuz the candles are rising does not always mean bullish longer term. of course, spx trend is up today..but warning is there. spx last 1109. this pattern is similar to the one i mentinoed when spx was at 1112ish
1201
surprisingly, tza suggests more up,,,if it can hold the support levels...but charts are saying it is getting ready for bounce in hours not minutes necessarily. last tza 1204
1150
another tiger forming...in tza this time... almost ready, not quite. tza last 12:07
1145
if tza can stay over 11.50 then we have a higher hi, higher low, in tza 60min
1139
trying tza for scalp daytrade not swing, yet... in at 1206. stop 11.96 for now. 11.84 would be better but will use .96 for now
1134
stopped out of all
but 25% at sso .74....took profits at
.81 and .74
1130
38.03ish sso trgt
1128
sso looks set to make a higher daily hi, as expected. last .83
1126
stop .74 on all but 25%. last .78
1123
tiger worked...broke higher 2 minutes after tiger formed...
11119
stop sso .68 for 75%
1116
tiger is formed...requires sso to stay over .60. last sso .68
1110
sso .74 should bring .80
1108
crouching tiger is still malformed with sso at .70, suggests that high will break higher if the tiger forms
1103
sso target 37.80 first
1102
nervous sso would exit here at 37.68...i will hold.
tiger if sso stays over .60
1100
sso trying to form bull crouching tiger,,,,unconfirmed,,,early still...
1058
10min sso does not have any bear diverg, suggesting another pop higher in spx sso
1046
possible bull flag in spx 10min
1023
stop .21 for most of tza. i will keep 25% of tza near breakeven or 1187 stop
1020
decent place to take scalp profit here now at 12.24 from 12.06
1019
stop 1215 on remaing tza...can always buy back
1016
tttttttttttttttttttttttttttttttttttttttttttt
stop 1204 tza
1011
ttttttttttttttttttttttttttttttttttttt
12.33 tza next trgt...then 1249
1008
obviously sold some tza at the .21 for profit...holding rest for more $$
1000
stop 1207
9:50
ttttttttttttttttttttttttttttttttttttttttttttttttt
TRADE: tza stop lowered to 1177 for now
9:44
TRADE: In tza 12.06. stop 11.87 for now.
9:41
Will consider tza at 11.89ish. It hit close to that this morning, by a few cents. Will wait to see if goes lower, and even if longs are justified (e.g. sso).
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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