Wednesday, October 13, 2010
* 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".
wednesday ramblings (and tues night futures)
356
hit .47,, .53 then .66 trgt next
354
or .66 trgt #2
353
tza 2248 trgt b4 close
331
BAC also at impt support,,,some would take partial profits here,,,i'll hold
312
swing TLT 102.40 could work, last .90,,,,,will eval if gets there
305
still holding tza,,,trade still valid not stopped out
255
1750 and 1400 intc targets (1400 longer obviously)
242
looks like intc has biggest red candle daily today, since its July 14 top,, 1917 last,,wow, from 20.02 high today
231
stop on oil "early entry" short is just above oils prior daily high,, may need to take a small loss on the oil short if stopped out, to re-eval later long/short if stopped,,,oil was
"supposed" to do what intc did
230
loooking again at TLT,,,was stopped out at 103.67 last 102.50,,, may buy if it gets over 10275ish,,,
207
"movement alert",,,direction unknown but might see 2-6pt move in next 30min
155
WOW 1938 last intc from 20.03 hi today
150
INTC volume right now is already more than yest total vol,,,heavy selling in intc
142
if INTC closes under 1944 it will have a huge bear engulf pattern, opened above yest hi n close below yest low,,, aka key reversal day
129
wow 1947 intc,,nice for shorts,,, bac holding better but still unable to get higher,,, red bac day good for bac shorts,, conversely tza is taking a nasty hit lower
110
WOW intc now down at 1954 good for intc shorts
103pm
the euro continues to suggest that it put in a top 4 days ago,,,until it makes higher hi bearish euro,, i remain short euro from near its top with stops over it
1256
very interesting that treasuries are not selling off with up in spx,, they r down today but a narrow range doji not red candle (TLT)
1245
EURO tested resist and now weakening, falling on 60min,,may spill to lower spx
1152
will prob sell half tza 2279 if able for small profit and keep other half,,,sell half after cost avg accomplishes its purpose
1148
2nd half of tza here .51 to hold for hours, avg tza 23.65 to hold day or longer, no more tza until this
is sold, bought in 2 lots not in 4 lots this time
1101
still have tza prg trade .80 but might exit,,,still in for now
1027
prog autotrader just got the 2380 fill in tza
1022
program autotrader 82% wins will enter tza at 2380 limit if filled,,, last 2392,, half size position, to hold for hours
1017
look a vix green daily bar, now at gap R
1014
scalp shorts good here,, i do NOT yet have a "hold short for hours/all day" setup
1005
euro under 1.4029 prior high is bearish, for me
954
INTC is now below yesterdays "before earn close" and well under the earn hi 20.00ish, last 1970
941
TZA did a perfect touch of its 60min DTL support,,,watching to see if it can bounce over 23.33,, under 2333 bearish for tza
935
INTC opens over 20,,, falls to 1971 in 5 minutes on open
837 AM
The recent trickle up in Russel /YM from about 671 to 700 looks very similar to the 21 point DECLINE from 606 to 585 in July. The July decline was followed by a rally that brought it to 672 or about 65 point rally. Watching for similar decline now from this move up, the inverse of the July similarity..
Double click 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".
hit .47,, .53 then .66 trgt next
354
or .66 trgt #2
353
tza 2248 trgt b4 close
331
BAC also at impt support,,,some would take partial profits here,,,i'll hold
312
swing TLT 102.40 could work, last .90,,,,,will eval if gets there
305
still holding tza,,,trade still valid not stopped out
255
1750 and 1400 intc targets (1400 longer obviously)
242
looks like intc has biggest red candle daily today, since its July 14 top,, 1917 last,,wow, from 20.02 high today
231
stop on oil "early entry" short is just above oils prior daily high,, may need to take a small loss on the oil short if stopped out, to re-eval later long/short if stopped,,,oil was
"supposed" to do what intc did
230
loooking again at TLT,,,was stopped out at 103.67 last 102.50,,, may buy if it gets over 10275ish,,,
207
"movement alert",,,direction unknown but might see 2-6pt move in next 30min
155
WOW 1938 last intc from 20.03 hi today
150
INTC volume right now is already more than yest total vol,,,heavy selling in intc
142
if INTC closes under 1944 it will have a huge bear engulf pattern, opened above yest hi n close below yest low,,, aka key reversal day
129
wow 1947 intc,,nice for shorts,,, bac holding better but still unable to get higher,,, red bac day good for bac shorts,, conversely tza is taking a nasty hit lower
110
WOW intc now down at 1954 good for intc shorts
103pm
the euro continues to suggest that it put in a top 4 days ago,,,until it makes higher hi bearish euro,, i remain short euro from near its top with stops over it
1256
very interesting that treasuries are not selling off with up in spx,, they r down today but a narrow range doji not red candle (TLT)
1245
EURO tested resist and now weakening, falling on 60min,,may spill to lower spx
1152
will prob sell half tza 2279 if able for small profit and keep other half,,,sell half after cost avg accomplishes its purpose
1148
2nd half of tza here .51 to hold for hours, avg tza 23.65 to hold day or longer, no more tza until this
is sold, bought in 2 lots not in 4 lots this time
1101
still have tza prg trade .80 but might exit,,,still in for now
1027
prog autotrader just got the 2380 fill in tza
1022
program autotrader 82% wins will enter tza at 2380 limit if filled,,, last 2392,, half size position, to hold for hours
1017
look a vix green daily bar, now at gap R
1014
scalp shorts good here,, i do NOT yet have a "hold short for hours/all day" setup
1005
euro under 1.4029 prior high is bearish, for me
954
INTC is now below yesterdays "before earn close" and well under the earn hi 20.00ish, last 1970
941
TZA did a perfect touch of its 60min DTL support,,,watching to see if it can bounce over 23.33,, under 2333 bearish for tza
935
INTC opens over 20,,, falls to 1971 in 5 minutes on open
837 AM
The recent trickle up in Russel /YM from about 671 to 700 looks very similar to the 21 point DECLINE from 606 to 585 in July. The July decline was followed by a rally that brought it to 672 or about 65 point rally. Watching for similar decline now from this move up, the inverse of the July similarity..
Double click 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".
Russel decline coming?
The recent trickle up in Russel /YM from about 671 to 700 looks very similar to the 21 point DECLINE from 606 to 585 in July. The July decline was followed by a rally that brought it to 672 or about 65 point rally. Watching for similar decline now from this move up, the inverse of the July similarity.
Double click 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".
Double click 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".
Tuesday, October 12, 2010
* 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".
Monday, October 11, 2010
Tuesday ramblings (and Mon nite futures)
755
450,000 sold red eur/usd last 1.3924, bearish euro
701pm
EDZ is 3x,,, EEM is 1x high vol
701
Also, EEM short looks good,,, actually looks better than tza,,, have shorted EEM at 46.01,, EDZ 24.52
503pm
6million shares of spy just printed at 116.60, bear wick
417
tza moving up higher as intc pops higher, hmm
415
SPY wicks afterhours down to 116 fwiw
401
watching for any possible INTC earnings effect as they report soon
400
60 min ES forming a bearish shoot star,,,watching to see if bulls repair it in next 15 minutes
347
but still no swing buy long for TLT
335
TLT moving higher now and possibly bottomed,,,bearish for spx if so
316
ES testing its hod but tza not at its low
254
theres TLT 103.43, lower
228
i'm holding the INTC short overnight, if chart looks like this, into earnings report,,, can get a CAT 5 hurricane after earnings tho,,,,
222
unbelievable,,, my tlt was stoppped out at the exact low of day,,,grr
220
BAC short here looks good at resist,,,1338, doubling short position size swing
206
.62 tlt stop from .66 to give lil more room,,hit .74
204
after fomc,,, went up first,,,often first move is wrong,,,,
watch for a second move down,,,also if ES cannot make new daily highs over 1165 that would be v bearish
156
wow so far TLT survived theposted stop at 103.66 by 12 cents,,hit 103.78,, may get stopped out but last 104.03
154
btw todday might be fun AH too,,intc reports often cause activity afterhours
113
still bearish intraday atm,,,just pointing out both sides,,,neutral here actually at this minute
112
also having ES this close to highs could be good for bulls into 2pm, as the volatility after fomc could push it over to new highs,,,v tricky
here now
108pm
grr TLT acting up,,,stop at 103.66 which will be a loss from 104.26, tight stop cuz prob wants .47 if .66 breaks,, TLT chart is not strong enough for me to lower the stop to allow more room
1249
i will tza 2457 limit sell if able, will likely re-invest those funds elsewhere like sco, euo
1236
intraday sell alert signal is neutral now, could change again
1211
sell alert is still on for me, 80%
1148
82% sell now
1146
sell prog alert 78%, for 3-57 min trigger
1058
ES 2 point drop alert from 1159
1047
1160 ES is resist horizontal and also 60min DTL
1029
in tza 2404 scalp
1021
ES should pull back here now from 1157/58
1018
ES could go all the way to 1161 and still be bearish on 60min
1014
tza 2419 here could work
1010
charts suggest ES has not yet put in low of day at 1152
1008
could trigger in 3-57 sell alert
could
trigger in 3-57 sell alert
here ES 1156,,minutes,, on sched
for 7 min trigger now
956
intc ever so close to cracking,,,hit .45 under .50 and bounced,,,watching for sustain under .49
951
tza 2511 trgt,,,expect it to break higher over that but pullbak first,,hence sell .97 then try buy back,,,50% only in case no buybak opp
949
tza 30 cents from target #2
947
if intc breaks 1949 its in trouble,,,last 1956
946
tza just hit target 1 at 2440 but i'm trying ffor .96 on half
942
euro falling,,,broke key support but followthru needed,,,bearish while under support
941
gold and oil both selling off also :)
938
TLT is moving up too,,,still long tlt swing
935
INTC testing the impt 1956 support area,,,watching to see if that holds or breaks lower today
934
stop is under LOD tho,giving breathe room
933
thus far,,,tza is a gap n go up up up,, watching for break below LOD
918
ES has both shelf resist and DTL resist 60min at 1160
906
limit
order to sell half tza at 24.96 and
keep other half,,then re-buy lower
904
today trichet also speaks i think,,watching poss effect on euro,,,
820
BAC continues its miserable decline, good for BAC swing short,, unsure whether holding the INTC short or not after 4pm into earnings report after 4pm.
815
CORN continues its parabolic 25% move higher and is consolodating now at yesterday's low/close but still over its gap up, still bullish for corn but no new swing entries yet,,, will wait, having taken 22% profits in 5 days yest
810 am
EURO has broken key support but the break is marginal thus far,,,watching for followthru down or bounce up, bias still bearish for now and still short euro.
GOLD's action was similar to OIL, still newly entered short in gold
Tuesday 8:07 AM
Overnight oil futures, oil did continue lower as expected to a low of 80.89 but has since recovered and is now at 81.94, close to yesterday's close. As long as oil remains under 82.75, it will be in a 60min downtrend, so watching this one here.
Monday 927pm
got the expected break lower in oil under 8180 last 8160 with 8110 then 80.30,,, a daily close under 80.30,,, 80.30 is v impt: a daily close under that, or a gap open on tues under it, would be v bearish for oil and send it to its lower swing short targets.
* 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".
450,000 sold red eur/usd last 1.3924, bearish euro
701pm
EDZ is 3x,,, EEM is 1x high vol
701
Also, EEM short looks good,,, actually looks better than tza,,, have shorted EEM at 46.01,, EDZ 24.52
503pm
6million shares of spy just printed at 116.60, bear wick
417
tza moving up higher as intc pops higher, hmm
415
SPY wicks afterhours down to 116 fwiw
401
watching for any possible INTC earnings effect as they report soon
400
60 min ES forming a bearish shoot star,,,watching to see if bulls repair it in next 15 minutes
347
but still no swing buy long for TLT
335
TLT moving higher now and possibly bottomed,,,bearish for spx if so
316
ES testing its hod but tza not at its low
254
theres TLT 103.43, lower
228
i'm holding the INTC short overnight, if chart looks like this, into earnings report,,, can get a CAT 5 hurricane after earnings tho,,,,
222
unbelievable,,, my tlt was stoppped out at the exact low of day,,,grr
220
BAC short here looks good at resist,,,1338, doubling short position size swing
206
.62 tlt stop from .66 to give lil more room,,hit .74
204
after fomc,,, went up first,,,often first move is wrong,,,,
watch for a second move down,,,also if ES cannot make new daily highs over 1165 that would be v bearish
156
wow so far TLT survived theposted stop at 103.66 by 12 cents,,hit 103.78,, may get stopped out but last 104.03
154
btw todday might be fun AH too,,intc reports often cause activity afterhours
113
still bearish intraday atm,,,just pointing out both sides,,,neutral here actually at this minute
112
also having ES this close to highs could be good for bulls into 2pm, as the volatility after fomc could push it over to new highs,,,v tricky
here now
108pm
grr TLT acting up,,,stop at 103.66 which will be a loss from 104.26, tight stop cuz prob wants .47 if .66 breaks,, TLT chart is not strong enough for me to lower the stop to allow more room
1249
i will tza 2457 limit sell if able, will likely re-invest those funds elsewhere like sco, euo
1236
intraday sell alert signal is neutral now, could change again
1211
sell alert is still on for me, 80%
1148
82% sell now
1146
sell prog alert 78%, for 3-57 min trigger
1058
ES 2 point drop alert from 1159
1047
1160 ES is resist horizontal and also 60min DTL
1029
in tza 2404 scalp
1021
ES should pull back here now from 1157/58
1018
ES could go all the way to 1161 and still be bearish on 60min
1014
tza 2419 here could work
1010
charts suggest ES has not yet put in low of day at 1152
1008
could trigger in 3-57 sell alert
could
trigger in 3-57 sell alert
here ES 1156,,minutes,, on sched
for 7 min trigger now
956
intc ever so close to cracking,,,hit .45 under .50 and bounced,,,watching for sustain under .49
951
tza 2511 trgt,,,expect it to break higher over that but pullbak first,,hence sell .97 then try buy back,,,50% only in case no buybak opp
949
tza 30 cents from target #2
947
if intc breaks 1949 its in trouble,,,last 1956
946
tza just hit target 1 at 2440 but i'm trying ffor .96 on half
942
euro falling,,,broke key support but followthru needed,,,bearish while under support
941
gold and oil both selling off also :)
938
TLT is moving up too,,,still long tlt swing
935
INTC testing the impt 1956 support area,,,watching to see if that holds or breaks lower today
934
stop is under LOD tho,giving breathe room
933
thus far,,,tza is a gap n go up up up,, watching for break below LOD
918
ES has both shelf resist and DTL resist 60min at 1160
906
limit
order to sell half tza at 24.96 and
keep other half,,then re-buy lower
904
today trichet also speaks i think,,watching poss effect on euro,,,
820
BAC continues its miserable decline, good for BAC swing short,, unsure whether holding the INTC short or not after 4pm into earnings report after 4pm.
815
CORN continues its parabolic 25% move higher and is consolodating now at yesterday's low/close but still over its gap up, still bullish for corn but no new swing entries yet,,, will wait, having taken 22% profits in 5 days yest
810 am
EURO has broken key support but the break is marginal thus far,,,watching for followthru down or bounce up, bias still bearish for now and still short euro.
GOLD's action was similar to OIL, still newly entered short in gold
Tuesday 8:07 AM
Overnight oil futures, oil did continue lower as expected to a low of 80.89 but has since recovered and is now at 81.94, close to yesterday's close. As long as oil remains under 82.75, it will be in a 60min downtrend, so watching this one here.
Monday 927pm
got the expected break lower in oil under 8180 last 8160 with 8110 then 80.30,,, a daily close under 80.30,,, 80.30 is v impt: a daily close under that, or a gap open on tues under it, would be v bearish for oil and send it to its lower swing short targets.
* 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".
Monday ramblings / ES Futures Sunday night
527
just a thought: if spx goes down, AND gold goes down,,, where will $$ go? into bonds, sending TLT higher?
526
$COMP has a nasty daily shoot star,,,looking for an eve star bear tomorrow to form
456
the etf GLD is nice high volume,,,actually i prefer to SHORT the gld,,,but "no shares available" when i tried,,, hence DZZ,, this SHORT IS CONTRATREND,,, GOLD IN VERY STRONG DAILY UPTREND,,, WILL NEED TO WATCH CAREFULLY AND EXIT WHEN NEEDED
453
why early? bear diverg, and also had a high vol daily red candle 3 days ago,, gave 2 days to settle,, up some today on v lite vol, i "almost" shorted at the close on 10/7 at 1334, so have bettr price now 1355 :)
448
i also took a
position in shorting GOLD via 2x etf
DZZ 8.82,,, an early entry,,, been long
gold for months but looks ready to
pullback
GOLD or /GC targets: 1327, 1266, then if 1266 breaks 1212,, last 1355,,DZZ percents will be double since its 2x
414
earlier today i called for QQQQ high of day to be 50.04,,,it hit 50.02,,,, inability to pop to 50.10 as stops at the 50.00 mark is bearish to me,,, that is there were sellers at 50.00 and no stops triggered at 5002
411
CORN looks alike a daily 60min big bull flag but no re-entry yet,,,profits taken early this AM,,, same in dba
409
oil is still bearish atm,,,it COULD go for a higher hi over 85 before further down, but for now see down not higher, oil is topping but hasn't fallen hard, yet
407
EUR/USD daily has 2 dojis and today a big red candle,,bearish but the candle didnt break support,,,resting right on it,, its precarious and subject to further shorts on any bounces, for now,,,but no confirmation lower yet
405
BAC been v good short swing,, also now it has a bear HS in 15min
402
saved small piece of tza scalp for afterhours sale just for fun,,,see what it does here,, not many shares due to low vol AH
400
maybe tomorrow is pokey paint dry again before 2pm FOMC
357
2377 sold all but 25% of scalp
356
trying for 2397 TZA limit on surge into close,,if not will take scalp off at close and keep swing,,,scalp about 50 cents profit
351
ES stoch 60min,,lower highs
337
as expected at 11:05 AM post,,, ES made a lower intraday low
329
could see sideways here with down bias,,,sell alert lil weaker now
327
as expected, stage 2 sell for qqqq triggered,,, alert was accurate,,,still see more down qqqq spx
323
oil sell triggered,,, near lod now, sco up at 1261
321
2370 and 2400 tza still poss today
320
tza hit .50 which is over the .49 target from 1:58 PM, so took half off
318
on 50% of scalp shares. taking 10 cents scalp on half tza swing/scalp combo,, mayb thats allwe get on this low vol day
317
euro daily may put in a bear engul daily candle
316
EURO is very near support,,,may crack lower on test,,,still short swing euro
313
theres stage one in qqqq,,from 4997 to 4984,, still see lwoer,, sell alert was accurate :)
300
stage 1 selling here,,stage 2 expected
254
sell alert 80%
251
sell alert 78%, lil stronger from 76%
245
sell alert 76% ES
231
sell alerts often form when price going up and price move not justified
230
sell alert forming in es but only 76% confidence right now,, needs over 85%
226
if tza can hold here then it will confirm the 3min bull rsi swing
224
would normally be 79% but lowered due to low vol
224
poss oil breakdown coming,,, 74% sell alert in oil
221
thus far intc has given back all the gains from break
221
charts strongly suggest the intc breakout was a bull headfake and will head lower
214
intc continues lower to test 1958,,, if 1958 breaks lower then minibreak higher is bearishly nullified
212
TZA wedge breakout warning still in effect and starting to manifest now
211
waiting on more CORN n DBA due to poss bear harami daily corn,,,tho still see up after pullback,,no entry yet
210
also dba is mixed agric
209
look at CORN etf,,,from 3100 to 3700 long,,,,looking for reentry point,,posted exit this morn
207
longs careful here as tza trying to break north of wedge intraday
206
lower risk
trade idea: tlt near 104,,, stop 103.70
201
euro continues drifting lower toward the "add more euro shorts" target below mkt,,not yet tho
158
2349 is tza first trgt from .37
156
tza wedge getting v tite now,,watching to see if breaks higher, last 2330
149
TZA 3min and 10min in bull falling wedges
140
intc here 1970/75 also looks good swing short
134pm
adding tza 23.37 here
121
today's vix candle may be day 2 of 3 day candle pattern bull morn star, need a candle #3 tomorrow to comfirm that,,, and then a 4th subsequent confirming candle. if confirmed, would be bearish spx, bullish vix
120
while vix is v low today, it can represent "too complacent" or "too confident" and spx often reverses lower in following days. Vix opened under its daily boll band, alsoseen on 1/11 after which spx fell about 100 points, dow 1,000 points. other days vix was "near" or "touched" lower bb daily are: 10/14, 11/20, 12/3, 12/22, 1/6, 2/19, 3/17, 4/6, 4/12, 6/21, 8/2, 8/9, 9/3, 9/13
114
such a low vol day,,, thus far xlf has only 9 trades over 10,000 shares
103
nonetheless, TLT bonds r green today with green spx,,, TLT usually wins this battle in coming days
102pm
bond
markets closed, lower vol,,,much
smart money on vacation
1154
euro still drifting down lower
1107
testing yest close now,,,prob hold first test for small bounce,,, bounce under 3 points bearish
1105
ES should make a lower low today intraday
1047
taking only 25% of shares off tza to lock profit near high of day, holding 75%
1046
tza up 25 cents,,scalpers would take 25 cents here,,i'm holding for hours more
1035
hi vol selling on qqqq at 50
1034
qqqq did not make over 5004 resist so far,, hit 5002 and down
1026
Marketmakers MM testting retail to see if they will pay $50
1025
decent resist at 50.04,, see if that breaks higher qqqq
1019
or, ABOVE the market EUO etf over 19.24ish
1019
BELOW the market, i may add more euro shorts if euro breaks under 1.37,, last 1.39
1017
VXX is basing but no swing entry yet long
1012
2399 COMP support ,,,watching for hold or break lower of that,,held so far, if it breaks then down nasdaq
1004
50% size on program trader
1003
autotrader just went in tza to hold for hours, 2370
1001
euro still looks headed down in coming hours days,, us dollar up
951
notice broadening form on dail ES?>??
935
still short BAC,,still looks weak for under 12 target eventually
934
*correction, tza turned green while typing lol
933
new tza swing is red a little right now/ near breakeven,,,see higher tza today/this week,
932
oil short had a quiet day on friday,,still see lower oil for now,,today maybe tell us more
Monday 6:11 AM
WOW,,, corn /ZC has gapped up again to 572 area from 528 friday close and up from 467 entry. Possible spot to take some profits today and look to reenter on pullback, after this 24% move in 6 days.
* 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".
just a thought: if spx goes down, AND gold goes down,,, where will $$ go? into bonds, sending TLT higher?
526
$COMP has a nasty daily shoot star,,,looking for an eve star bear tomorrow to form
456
the etf GLD is nice high volume,,,actually i prefer to SHORT the gld,,,but "no shares available" when i tried,,, hence DZZ,, this SHORT IS CONTRATREND,,, GOLD IN VERY STRONG DAILY UPTREND,,, WILL NEED TO WATCH CAREFULLY AND EXIT WHEN NEEDED
453
why early? bear diverg, and also had a high vol daily red candle 3 days ago,, gave 2 days to settle,, up some today on v lite vol, i "almost" shorted at the close on 10/7 at 1334, so have bettr price now 1355 :)
448
i also took a
position in shorting GOLD via 2x etf
DZZ 8.82,,, an early entry,,, been long
gold for months but looks ready to
pullback
GOLD or /GC targets: 1327, 1266, then if 1266 breaks 1212,, last 1355,,DZZ percents will be double since its 2x
414
earlier today i called for QQQQ high of day to be 50.04,,,it hit 50.02,,,, inability to pop to 50.10 as stops at the 50.00 mark is bearish to me,,, that is there were sellers at 50.00 and no stops triggered at 5002
411
CORN looks alike a daily 60min big bull flag but no re-entry yet,,,profits taken early this AM,,, same in dba
409
oil is still bearish atm,,,it COULD go for a higher hi over 85 before further down, but for now see down not higher, oil is topping but hasn't fallen hard, yet
407
EUR/USD daily has 2 dojis and today a big red candle,,bearish but the candle didnt break support,,,resting right on it,, its precarious and subject to further shorts on any bounces, for now,,,but no confirmation lower yet
405
BAC been v good short swing,, also now it has a bear HS in 15min
402
saved small piece of tza scalp for afterhours sale just for fun,,,see what it does here,, not many shares due to low vol AH
400
maybe tomorrow is pokey paint dry again before 2pm FOMC
357
2377 sold all but 25% of scalp
356
trying for 2397 TZA limit on surge into close,,if not will take scalp off at close and keep swing,,,scalp about 50 cents profit
351
ES stoch 60min,,lower highs
337
as expected at 11:05 AM post,,, ES made a lower intraday low
329
could see sideways here with down bias,,,sell alert lil weaker now
327
as expected, stage 2 sell for qqqq triggered,,, alert was accurate,,,still see more down qqqq spx
323
oil sell triggered,,, near lod now, sco up at 1261
321
2370 and 2400 tza still poss today
320
tza hit .50 which is over the .49 target from 1:58 PM, so took half off
318
on 50% of scalp shares. taking 10 cents scalp on half tza swing/scalp combo,, mayb thats allwe get on this low vol day
317
euro daily may put in a bear engul daily candle
316
EURO is very near support,,,may crack lower on test,,,still short swing euro
313
theres stage one in qqqq,,from 4997 to 4984,, still see lwoer,, sell alert was accurate :)
300
stage 1 selling here,,stage 2 expected
254
sell alert 80%
251
sell alert 78%, lil stronger from 76%
245
sell alert 76% ES
231
sell alerts often form when price going up and price move not justified
230
sell alert forming in es but only 76% confidence right now,, needs over 85%
226
if tza can hold here then it will confirm the 3min bull rsi swing
224
would normally be 79% but lowered due to low vol
224
poss oil breakdown coming,,, 74% sell alert in oil
221
thus far intc has given back all the gains from break
221
charts strongly suggest the intc breakout was a bull headfake and will head lower
214
intc continues lower to test 1958,,, if 1958 breaks lower then minibreak higher is bearishly nullified
212
TZA wedge breakout warning still in effect and starting to manifest now
211
waiting on more CORN n DBA due to poss bear harami daily corn,,,tho still see up after pullback,,no entry yet
210
also dba is mixed agric
209
look at CORN etf,,,from 3100 to 3700 long,,,,looking for reentry point,,posted exit this morn
207
longs careful here as tza trying to break north of wedge intraday
206
lower risk
trade idea: tlt near 104,,, stop 103.70
201
euro continues drifting lower toward the "add more euro shorts" target below mkt,,not yet tho
158
2349 is tza first trgt from .37
156
tza wedge getting v tite now,,watching to see if breaks higher, last 2330
149
TZA 3min and 10min in bull falling wedges
140
intc here 1970/75 also looks good swing short
134pm
adding tza 23.37 here
121
today's vix candle may be day 2 of 3 day candle pattern bull morn star, need a candle #3 tomorrow to comfirm that,,, and then a 4th subsequent confirming candle. if confirmed, would be bearish spx, bullish vix
120
while vix is v low today, it can represent "too complacent" or "too confident" and spx often reverses lower in following days. Vix opened under its daily boll band, alsoseen on 1/11 after which spx fell about 100 points, dow 1,000 points. other days vix was "near" or "touched" lower bb daily are: 10/14, 11/20, 12/3, 12/22, 1/6, 2/19, 3/17, 4/6, 4/12, 6/21, 8/2, 8/9, 9/3, 9/13
114
such a low vol day,,, thus far xlf has only 9 trades over 10,000 shares
103
nonetheless, TLT bonds r green today with green spx,,, TLT usually wins this battle in coming days
102pm
bond
markets closed, lower vol,,,much
smart money on vacation
1154
euro still drifting down lower
1107
testing yest close now,,,prob hold first test for small bounce,,, bounce under 3 points bearish
1105
ES should make a lower low today intraday
1047
taking only 25% of shares off tza to lock profit near high of day, holding 75%
1046
tza up 25 cents,,scalpers would take 25 cents here,,i'm holding for hours more
1035
hi vol selling on qqqq at 50
1034
qqqq did not make over 5004 resist so far,, hit 5002 and down
1026
Marketmakers MM testting retail to see if they will pay $50
1025
decent resist at 50.04,, see if that breaks higher qqqq
1019
or, ABOVE the market EUO etf over 19.24ish
1019
BELOW the market, i may add more euro shorts if euro breaks under 1.37,, last 1.39
1017
VXX is basing but no swing entry yet long
1012
2399 COMP support ,,,watching for hold or break lower of that,,held so far, if it breaks then down nasdaq
1004
50% size on program trader
1003
autotrader just went in tza to hold for hours, 2370
1001
euro still looks headed down in coming hours days,, us dollar up
951
notice broadening form on dail ES?>??
935
still short BAC,,still looks weak for under 12 target eventually
934
*correction, tza turned green while typing lol
933
new tza swing is red a little right now/ near breakeven,,,see higher tza today/this week,
932
oil short had a quiet day on friday,,still see lower oil for now,,today maybe tell us more
Monday 6:11 AM
WOW,,, corn /ZC has gapped up again to 572 area from 528 friday close and up from 467 entry. Possible spot to take some profits today and look to reenter on pullback, after this 24% move in 6 days.
* 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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