Friday ramblings / Thurs eve futures

400 pm
:( qqqq never made the 4632 target,,, only hit 4639

345
many of my indicators are saying the market is moving sideways, tho it went up,, which usually suggests lower prices to follow
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341
a "top" often has a large green candle, gapped up.... this one is not huge, but "big enough"

333
i tried to go long GE today via limit order i placed last night but never got filled...gapped up grr

329
back in msft SHORT 2852,,, lol 2 cents more but i didnt know how high it would pop up so exited, re-entered

327
should go down more...last 4642 qqqq

324
seee if qqqq can make 4632..if that breaks could get another 20 cents ish

322
reversal down here.... 93%... qqqq 4645

317
one more pop up, then down,,, probably,,, qqqq 4644 lasyt

316
weak reversal signal unconfirmed... qqqq 4644

314
signal is neutral now....

313
signal still says "maybe pop higher then down".. bias still up for now, no reversal yet, but its still a "higher then reverse lower signal"

 
303
some weakness developing...

301
signal still says "maybe pop higher then down".. bias still up for now, no reversal yet, but its still a "higher then reverse lower signal"


257
getting close to reversla signal down, none yet,,, still says "maybe pop higher then down".. bias still up for now

252
a "new daily high then reverse lower" setup is developing here... 73%... qqqq 4646

251
breakout higher signal weaker but still valid.... 80% now

246
:) marginal new HOD in qqqq as expected... why i exited the daytrade b4

245
the signals was strong enough to break the HOD on first try...

244
bears doing "pretty good" not having HOD broken in qqqq... tested but not broken higher,,,yet,,, that breakout signal was rather strong one

243
tza made marginal new LOD

241
out of msft breakeven

241
qqqq will prob test HOD and take it out ... grr

238
still short MSFT, tight stop, green 3 cents lol

237
i dont like this stronger breakout higher signal...might fail but i'm out for now, daytrade...swings still have

236
covering my qqqq shorts.... 4 cent loss...keeping the options

235
breakout higher alert stronger....

233
if the "move up" alert triggers then qqqq should make new HOD... hasnt triggered but is developing, warning stage only now

231
possiblu move up alert now lol...qqqq 4639

228
mkt continues to buy and sell about evenly, slightly more selling not statist signif.... also that matches the doji 15min candles

225
selling again.... qqqq 4638

221
warning at qqqq 4639

221
pullback warning, unconfirmed, 75%

219
qqqq micro support 4628 ..last 4638

218
selling again

214
selling could pick up here...watching

212
more selling... (bearish)

211
selling

210
mild selling...again trading bakn forth

208
mild buying

200
weak 2nd pullback setup now

155
DOW at 78% now approx

149
i like the msft for short more than qqqq,,, have more msft shares

146
buyers afraid to buy "up here"? shorts afraid to short until 1150?

141
qqqq should pullback some here,,, last 4640

138
vix going up here

124
watching to see if qqqq will make 4664 prior high...last 4647.. or will sellers crowd under it?

112
buying and selling remains about equal as price goes up

111
poss bear shoot star qqqq 2min chart...but 2min is obviously a weak signal...last 4642

1258
i'm still short qqqq...giving some breathing room here, might exit with small loss....

1255
msft micro target 2827 strong support.... could take scalp there on a portion for 1% gain, and re-short on bounce, keeping the others without 1% scalp

1242
:) msft is cracking lower...

1241
equal buuying and selling right now as qqqq move up a few cents....

1233
increasing shares in msft...shorting more here.. 2849

1231
msft tryihng to break support now,,,still short... 2648 last

1220
actually just below it now... broke higher marginally and now below



1220
qqqq is marginally


above the 10min R line drawn from

tuesday morning
 

1214
looking for qqqq to break 4627...last 4631

1213
more selling qqqqq 4634

1206
msft stall 2845 would be normal, still ok for me short tho

1204
shorting MSFT 2850 here

1158
selling writing q calls for $1.50 here

1157
like the faz (small loss earlier today) i will have a tight stop on the qqqq short.... just above the HOD, may exit sooner if starts to look bullish

1153
i'll try an early entry short qqqq 4634,,,TYP 8.75,,, qqqq might want 4664 i know
 
 
1152
hmm vix just hit the 1777 target from 10:37 AM... may see a turn down soon, but indicators not confirming just yet.... seems close....

1037
spx qqqq likely to rise until the VIX gets a 15min candle close over 17.77, last only 17.49% ... will check other indicators if vix gets the 1777 to see if they suggest a pullback at that time

1020
xlf volume first two 60min bars...lower today than yest,

1002
mild selling in qqqq here 4618

941
4609ish is the R for the daily UTL in qqqq.... see if it breaks over that

938
faz 1658 tite stop daytrade

918
possible new swing positions in GE and/or GSK

909
xlf daily DTL resistance is also around 15.15ish

908
xlf R at 1504, 1517, 1529, 1540.. watching to see what it does today. premarket last 15.03.


* 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".