qqqq daily volume is very low the last 7 trading days, prices can drift up until we see volume. i expect a move down whenever volume returns. we could drift up all
week, with minor pullbacks.
0358
ES was supposed to hit 1094.50 lol... oh well it did not.. only made 1096,,, not close
0358
well least GILD sold of some as expected
0349
i have an "early short swing" setup now
0345
signal suggests 1096 spx last 1099
0344
3min later, we r getting lower spx....
0341
*1099 spx signal triggered
0340
i just got a "lower prices in minutes" signal... last 1097 spx
0334
will buy back lower if
able... still ahve shares from 4847
0333
taking a piece of some shares off in tbt...taking 2.3% profit
0330
vix needs to hold 21.60 else prob see 21.12. last 2181
0325
last gild 4867
0325
i dont have a read on the spx into the close... looksl like chop... GILD suggests a selloff though
0310
GILD has a big green candle today but has other bear indicators which prompts me to stay short. also a large bear diverg on the daily is forming
0307
this rally up has been ...advancing prices on declining vol... but of course we've seen THAT before, sometimes relentlessly... bearish
0257
i like the vix action here... suggesting a bounce up in the vix (down spx)
0241
a tbt close over 49.62 would be nice for tbt longs.. last 4963
0232
nothing is moving the q's today... low volume too today on qqqqq
0230
a vix 60min close over 22.67 would be bullish for vix, bearish for spx... last 21.90 ... charts suggest a move higher in vix
1357
on vix...compare 2/2 and 2/3 and with yesterdays candle and todays candel.. what do u see? suggests that vix will move up (spx down) in coming days
1356
6 days of spx clawing up to undo one red candle....below the 50 MA, lower highs, lower lows, ... to me this is bearish still
1328
Alt view: bearish ... look at spx candles on 2/1 and 2/2. then 2/3 and 2/4
1323
i will NOT sell any tbt at 4957... its strong....pullback here is ok
1319
tbt 10 cents from target 4957...last 4947
1310
tbt is rocking,,,, other positions stuck
1304
nice tbt blasted thru 4926 with no pause or pullbak... last 4934... looking to see if it stalls at 4957
1259
ok tbt made the 4926 R a few minutes later... watching for another break here to 4961... a pullback here at .26 would be ook/......
1258
qqqq can chop around in this narrow range, push it up to overhought, and then the TYP should do well.. last qqqq 44.44
0202
tbt just jumbed to 4987 just 3 cents from 4990 target
1257
tbt 4924,... see if it can get there, if it stalls... next R.... last 4919
1255
not taking profits here...looks strong tbt swing...
1254
tbt testing the 4916 R here... watching for a break higher....
1249
the qqqq daily spin top could possibly set up a bearish 3 day eve star pattern tomorrow
1248
vxx is clawing its way higher
1152
tbt also has R at 4926... may take partial 1% profits there and buy back, unsure. but saving a piece of tbt for 55.50 in coming weeks
1138
a qqqq 60 min candle close under 44.16 would indicate more downside in the qqqq....last still up at 4431. the 15min candle close under 4443 also indicates weakness, tho the 15min signal is not as good as 60min
1133
as expected at 11:01, ES broke under the 1095. see if it can sustain under it or not...
1129
taking partial daytrade profits here in typ for 1%,,,,, hit close to first target 969
1125
tbt targets: 4957, 4990 (chart patternt), 5043, 5112, 55.50 (later)
1119
if tbt hits 4959 i might sell it, take profits, and buy it back, just like last time... but i'll wait to see the reaction at 4959... whether it stalls there or blasts past it... last 4915
1115
tbt breaking higher.... typ is stuck lol
1113
the ES did marginally break the 1095 as expected... lets see if it can sustain under it.
1105
volume on the typ is light today... the 1 minute chart is gapping like a silver chart does, intraday
1103
nervous typ from today could exit here breakeven but looks like it will break higher. i remain in the typ here for now
1101
ES charts are suggesting a break under the impt 1095. last 1095.50. spx charts a lil stronger
1018
spx 15min is weakening...last 1099
1006
typ targets to start are 969, 978
1005
taking some TYP at 9.60 here
920
tbt is up nicely ...in at 4850 yest, last 4910
9:16
i see qqqq just over the 4447 now just over my feb 6 target of 4451.. watching to see if they decline after open or striver for 4471. I do expect a pullback to around 44 to backtest, at least, sometime in the coming hours
* 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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