Friday ramblings / Thurs eve futures

407
we got the bear xlf dark cloud cover candle pattern today, other bearish diverg,,,, looking for bearish eve star pattern on monday or tuesday for DOW

402
shorted xlf at exact high, covered at exact low, unusual but fun

336
BAC down 2.3% vs FAZ up 1.4%

334
BAC short is outperforming the 3x bear shares FAZ lol

333
taking 3% profit on 50% of BAC shares short ,,,here

330
yes...finally 1547 xlf hit target. exact to the penny.

325
exiting the qqqq from 4731 here at breakeven,,,, out of that daytrade

324
2.6% locked profit in faz daytrade

324
selling some faz here...keeping 25% of daytrade shares...its stalling... 1489

322
grrr one penny from 1547 trgt in xlf

321
nice for the faz xlf shorts.... still going to exit the rest of qqqq shorts / typ...will only have the qqqq short via options

318
1547 xlf should be hit...last 1550

317
:) wow...awesome...nice profits on the xlf faz qqqq short

315
1509 faz


target...rough not precise,,,for daytrade
 
308
a bear engulfing candle / reversal day in xlf would be very bearish but would need a close under 1542, not expecting that ,,, just fyi,,, dark cloud cover less bearish does seem likely tho

304
xlf is close to the dark cloud cover bear 2day pattern today...watching to see how it closes

303
poss eve star bear 3day candle pattern to form on Monday for dow $dji

257
LOL these qqqq are stubborn for shorts,,, still rotating out of qqqq shorts into xlf short

253
taking 1.6% profits in half of FAZ daytrade shrs

245
scalpers would take xlf / BAC prfotis partial at support here abotu 1.8%

241
taking some BAC profits 1.7% daytrade,,,keeping rest for more daytrade and swing

240
more selling xlf :) ... support 1555 1550ish

236
more xlf sell prg 1560

235
vix would need a 60min close over 1846 tho

234
vix could dev the bullish 5 methods pattern in 60min chart... 5 candle pattern

226
added xlf shorts today at 1573 and 1563 as the xlf hit the prior october hi of 1573... 1573 was high of day

223
xlf sell prgrm now too

222
:) BAC continues to fall nicely for shorts

216
BAC finan selling here

200
qqqq buy prgrm

157
the BAC short is


outperforming XLF shorts / faz
 
 
154
xlf sell prgr  : watching to see if a


corresponding buy prg kicks back in
 
 
145
it suggests xlf distribution (bearish)... xlf red on higer volume

144
xlf vol now at 1:44pm is already more than yesterday's total volume,, not seen in the qqqqq just xlf

139
xlf buy progr... buying and selling still equal approx

131
xlf selll prg....1563

121
dxd 60min has a bull diverg rsi vs price

120
dxd dow short holding for now too...

119
qqqq sell prg... 4735


118
if dxd can hold here it could form an asc triangle..2765 last

114
vix is weak now (bullish spx, bear vix, right at support...wacthing if it holds here)

113
mild buying xlf 1562... slightly more selling than buying last 1 hour

102
i'm red VXX and FXP right now though :( but vxx will move fast up if it goes

1258
in the process of trading all my qqqq shorts for xlf short... taking small profits in qqqq short and re-investing in the xlf short

1248
looking for a FAILED bull flag in the xlf 60min

1245]
:) more selling prg in xlf

1240
looking for a bear dark cloud cover pattern today in xlf...2 day pattern daily candles

1239
or 2796 dxd

1237
dxd R at 2788...last2774,,,, stalll 2788 expected, might sell some dxd then re-enter, unsure

1237
mild xlf selling

1232
todays trade ibm might be a loss, yest was a profit, so net breakeven or small loss

1231
exiting the IBM short today sometime.... will either be breakeven (on 2 short trades) or small profit....investing money elsewhere

1228
xlf sell program here at 1565

1227
xlf might get over 1574,,, often times they will overshoot the prior high and then retreat...

1149
shorted xlf 1564... HOD 1573,,, adn 10/14/09 High 1573,,, FAZ.. if they can take out the October highs then i will back off the short xlf

1120
*correction:60min not 3min line for qqqq,,,, its under the 60min support line that it broke...

1119
qqqq backtesting the UTL 3min since monday line....broke lower now backtesting,,,watching to see if it gets back inside the upchannl

1058
daytrade--trying short QQQQ here 4731, typ 8.26

1051
1674 first BAC trgt

1050
also watching BAC here bank amer.... at support, poss dbl top in BAC.. BAC down at 1703 now from 1735

1042
the 1145.50 and 4733 qqqq R are holding...for now...added some shorts there daytrade

1036
4710 qqqq was real...it had a corresponding TS (Time And Sales print)

1035
qqqq right now are sitting right on 12 day support in daily uptrend charts, testing it,,, a break and sustain under support would be bearish, hold would be bullish/ neutral

1032
ibm 2 min bear HS, 127.07 target down if broken

1029
ES 1138, 1134 my targets, last 1144

1025
see if bears hold this under 1145.50 es....or 4733 qqqq

1020
qqqq down targets: 4721, 4703, 4667, 4637, 4603 with stall bounce at each

1019
more qqqq support at 4703 under 4721

1015
fxp "should" be down or flat today, not up....

1014
fxp (bear china honk kong) moving up also this morning... do some MM know something about china's path next week?

1013
bulls need to hold 4721 qqqq...impt intraday support

1011
those two 3min bear spikes in qqqq are real... time/sales printed about 350,000 shares sold red at 4750

1009
a vix break over 1862 and hold over it would be bullish vix, bearish spx..last 1844... R at 1862

1008
in the vix, to me, it looks like the vix broke out of wedge other day, backtested, and is now headed back up in coming hours/1-3 days

1007
:( grrr my ibm short is acting up this morn, IBM is up,,, still short for now,,,, it's weakening some now tho

1006
es supp 1142

1005
qqqq support 4721,, stall normal there,,,,

1004
a HUGE 3min bear shoot star in qQQQ here

1002
:) there it is.... 1minute later...1146 broken,.,,, now see if it can sustain under it

959
charts suggest es


1146 will break, to me,, lsat 1147
 
957
spx has two 15min bear shoot stars, possible 60min shoot star

952
VIX simple view: VIX is bullish as long as daily rsi stays over 37.50, and/or 60min rsi stays over 38.73... bearish if not ...

943
if qqqq 4750 stays as the HOD, then a bear diverg in 60min chart

941
i know its painful short, my charts still suggest at least a minor pullback in coming hours/1-3 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".