Friday ramblings / Thurs eve futures

401
well qqqq closed at 4749,,, 2 cents from the 4747 projection

358
VIX is bullish tho,,,, besides the bull engulf pattern it has 60min 15min good charts, broke the 60min downtrendline higher

354
i'm out of sso for a miniscule profit,,,not worth the effort daydtradea

328
i am more bearish for the coming days, but might hold some sso long over the weekend. charts suggests a pop up before down.,,,,,, but it will be a small position

323
swing strategy---enter during consolodation, exit during volatility or during return to consolod

322
*swing opps

321
these charts are setting up some fantastic, low risk trading opps for next week..... the 15 and 60 min charts into consolodation, and then mr market will decide up or down....

302
poss roadmap.... sso qqqq make a higher low here, then one more higher high, and then fall gently into the close, to close around 4747 qqqq

301
4 minutes later,,,,sso hit 4734 and held first test....

257
as long as sso holdt 4734

256
10 min charts suggests stil more upside today before a drop,,,, last 4139 sso 4746 qqqq

236
vix trgt 1687 down,,last 1711

235
BAC target 1706,,maybe short there,,,last 1692,,,prob no new shorts today

227
*sold 4150, cost 4144

226
selling half my sso here at 4144 for small 6 cent profit,,,to reduce risk not for profits...i bought it in 3 lots.. the avg down accomplished its purpose

225
i still think they fall soon tho,,,the range will resolve down,

223
correction: range 4737 to 4795 qqqq

221
bollinger band analysis suggests we move sideways in the coming hours with no radical move up or down,,,, 4725--4775 qqqq range

216
looking for 4136 sso to hold ,,last 4140

212
qqqq should get 4756 next...last 4747

208
its moving up but on light volume,,,, but should push to the target, then poss drop... volume been heavy on sell side

207
sso rigtht at R here 4145....push over it could accellerate to the 4165 target

205
i am long but daytrade only in sso... the qqqq have had heavy institut selling 4747--4750 fwiw

201
sso target is still the same as this morn... 4163/65ish..last 4139

157
if it breaks over that could get a 10 cent pop

157
4747 R here,,last 4745

153
still looking to poss re-short BAC later again today as swing, but not with these charts now

132
i should have reversed long in BAC when i covered shorts,instead of this sso mess

129
sso is right at 60min rsi support around 46...it will usually at least bounce first before more down,,,but strong down day tday....watching this..last 4138

121
asc triangle sso 10 min but no breakout yet

119
stops are tite on this sso daytrade thing, dud so far,,, dont like the vix moving up right now,

117
VIX moving up


again...strong today.....
 
115
considering gold long via ugl today.... no entry yet tho in the ugl...

105
BAC big green bar 3min... looking to re-enter shorts there (took profits 1775ish) but maybe not more short today

103
institut have been selling 4748/50 qqqq heavily...watching to see if they let it drift up a little here..last 4747...still looks like a lil pop hihger


1246
major distrib selling in qqqq today

1239
the spx has poten mini dbl top 3min,,,but the right side of the chart is coiling so it could pop up... other things suggest a pop up...after that pop up,


should go lower
 
 
1229
daily qqqq candle right now is very bearish, engulfing, but it all depends on the close

1154
wow vix moving up yet again....as the indexes try to crawl higher,,,,

1151
taking profits in 75% of bac short here,,, 1675 near LOD,,, wil re-short at higher levels

1147
sso 3min asc triangle target 4165, my target is at 4163 tho, for now

1145
the BAC has now almost finished its setup of the bearish 5-6 day "methods" pattern, that i mentioned 3 days ago as possibile

1140
taking profits in some qqqq shorts at 4142

1132
4129 sso...buy 3 of


4...still suggests lil scalp profits

daytrade
 
4143 avg cost in the sso

1131
4129 sso...buy 3 of 4...still suggests lil scalp profits daytrade

1108
more sso 4143 scalp

1107
vix strong intraday today,,, has gap R at 1741,,,,last 1736,,, prob pause there

1105
might make a lower lo first

1105
the sso is setting up a bull diverg for a small bounce,,,

1052
i've not taken any BAC profits at 1690 support, its not bouncing so not covering short,,,last 1688

1049
spx should bounce here, good for daytrade only or scalp now swing... sso last 4155... i'm long the sso only as daytrade,,,, and as hedge against the heavily short positions swing

1044
vix back UP at HOD now

1041
took some vxx profits when vix hit 1707

1040
vix hit 1707 target from this morn, made 1710, and is backing off now with a bear shoot star

1038
BAC hit the 1790 target just now that was set yesterday...hit a few hours late, only made 1697 yest,,, watching to see if bounce or break right here

1033
target qqqq from


1013am qqqq near 4743...near target now
 
1022
sso scalp 4161

1017
vix trying for 1699/1707ish...last 1692..close to target, 3 minutes later

1014
1673 target achieved in vix. no stall in vix 1673,, going for 1699 next

1013
qqqq might want 4743 before a bounce, they should have bounced here but have not, yet, at 4762

1011
likely i will re-short 4777 qqqq,,,, unsure yet

1010
bulls need to bounce this here,,, no bounce in qqqq up to 4778ish would be bearish..last 4762..i remain short the qqqq

1006
VIX is right near R.... a stall would be normal, no stall bullish for vix,,, bearish spx qqqq.. stalling now but not strongly (bearish spx)

1005
qqqq here at a support 4766...see if bounces then breaks or holds

1005
clearly all the short positions are happy right now, with the move down.... tho a 62% retracement could happen

959
vix moving up but has R at 1673 (first target)... last 1662

948
if qqqq get under 4728ish...very bearish for them,,, still up at 4777 now

945
the call option assignment has me short the qqqq at 49.50ish... if they hit 49.50, breakeven, anything under that is profit ... it's a very cool way to short stock ABOVE its recent high, in this case 4950 short vs 4785 high

930
45 QQQQ Calls (short) options assigned: interestingly, I wrote/sold some qqqq 45 march 45 calls, and last night afterhours / this morn pre-market, they were actually ASSIGNED to me, before expir today... no worries since I sold at a relatively high price

* 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".