Wedn ramblings (and Tues eve ES futures)

401
fxp will prob gap up tomorrow.. it's a gappy etf

401
very nice spike up on the fxp

358
poss mini bear HS could set up on daily qqqq... move down to 4380, up to 45, then down

355
60 min qqqq looks like it has unfinished biz on the downside

343
2 spin tops usually produces a mid range red next day, followed by large red day after

338
over 1881 or 8171 vix is ok for me

336
this one could be headfake up.... headfake signals on my software...

328
vix falling now...

323
if dow closes under 10,388 then i will add more dow shorts to ones i shorted yest

317
qqqq touching the 3min dtl now test R.... under 4567 bearish to me ... mild buying but stopped

312
adx dmi 60min qqqq continues to weaken from this morn and is near to a bearish cross

311
aapl is forming that 3 day eve star bear pattern
 
310
aapl is forming that 3 day eve star bear pattern

306
i'm intraday bearish on qqqq if under 4563

305
vix got the 60min candle 1916 just barely over 1914 target...rather close...too close... still needs 1965ish

258
if qqqq close here 4548ish... i have a swing short setup....

257
. a vix 60min close over 1914 would be a nice start...

256
4562 qqqq resist...last 4553

251
qqqq could see 4517 today but its a stretch .. a high volume move trgt is 4517

250
that bear methods candle pattern from this morning played out in qqqq

246
*17% profit on the q calls

245
taking small 10% profit on some q calls i wrote earlier today

244
qqqq targets 4551, 4532, 4517, 4505..... 4551 hit

242
taking a lil profit on fxp daytrade 1.5% here into strength

239
SELLING prgm q's... 4557

236
qqqq 4667 scalp working ok... the 4473 stop was never hit, but manually managing it

230
vix hit 1902....1924 next trgt

228
4554 4545 qqqq supports / down trgts

227
taking a lil TYP profits daytrade 1.3%...saving rest

225
taking a little fxp daytrade off here for 1.4% profit... into strength / resist

215
loosening the qqqq stop on the shorts.... will do manually... prev stop was to protect against crazy spike up from report

209
the 60min qqqq broke lower from the bear rising wedge awhile ago,, remaining below it bearishly for now

157
the last entry is a scalp.. i still have my other qqqq short via typ 903

152
scalping qqqq 4467 stop 4473...risk a few pennies

151
agressive shorts could short the 4567 here...its been hit several times with heavy selling...not this time tho, not yet

143
qqqq saw some large buying at 4564

133
4567 qqqq continues to get hit with heavy selling... 4 times now...4567-70ish

131
vix needs candle close 60min over 1921 to get fireworks

130
MM selling here heavy,,,qqqq 4565

126
vix move suggests higher vix, lower spx qqqq

125
VIX JUST SHOT UP large grreen candle... 1854--1880

123
4572 is the touch of 3min DTL

122
hit 4571 and stalled....bearish thus far....

118
see iff qqqq stall at 4572 ...last 4568... stall there would be bearish

112
4567 --heavy selling when it hit there

108
writing (shorting) qqqq calls here $1.06

106
MF OBV continue bearish daily qqqq,,, acc/dis beccoming bearish slower

104
60min qqqq adx dmi showing weakness with chop expected... qqq last 4567

101
not good for qqqq bulls if the q near 4560 at 2pm.... to close to support that could easily crack

1255
qqqq 60min has a bearish "methods" patterns ... 2 red bars with smaller candles between them

1252
charts suggest qqqq 4557 will break lower... last 4562

1247
4562 4557 qqqq support,,, if 4557 breaks very bearish

1246
fxp 846 trgt...last 839

1242
the qqqq area right here 4564--77 ... bulls and bears battling this

1240
short covering here i see ...small

1237
MM selling again ... qqqq 4566

1235
the selling is pushing the qqqq down,,, 4574 to 4569 last

1234
more selling now...

1233
here's a third one...another minor sell... 4572 qqqq

1225
that's the second minor sell at qqqq 4573., other was at 12:10 pm

1225
minor sell warning... qqqq 4573

1210
minor selling in q's.... 4573 last

1210
qqqq might have seen the HOD at 45.82.... the 15min chart might have finished its upside business, not confirmed yet

1140
mild BUYING now

1140
sell "warning" but MM not selling yet here... MM testing here... qqqq 4575

1138
qqqq doing down here but no heavy selling yet

1135
OBV / MF often leads price

1133
for the past week i've been mentioning that lack of OBV / market breadth to confirm other bearish signals was one thing that concerned me being short. now that OBV and ADX are becoming bearish, i believe that as soon as the other bear signals re-click in, then we will see a decline.  McClellan still bullish tho.

1130
qqqq OBV continues to fail to make new highs with the qqqq,,,bear diverg ... money is not flowing in at these levels

1123
qqqq backtesting the triangle it broke upward here 4576

1117
if short amzn:  amzn 121 or 122 is what i'd look for...if it holds or breaks lower if it gets there,,,, if it holdd then likely high high over 127

1113
4542 and 4508 are qqqq supports on any pullback.. but if those break, then qqqq should head down

1112
i still think qqqq's 60min weakening... the 15min is doing its thing with a pop up, then still expect a pullback

1058
ok 1min later stalled at 4581 or one cent under 4582...watching here

1057
qqqq resist at 4578 and 4582 then 4596 target if the R hurdled

1056
qqqq trying to break the asc triabgle here...buying

1050
crouching tiger fxp 836 .. in at 836

1033
qqqq 15min candles bearish...3 topping tails, 60min has 2 bear candles

1026
4596 qqqq target on a trianlge breakout, if it comes, too early to tell now

1025
if qqqq stays over 4564 then poss bull asc trianlg forming 3min

1023
PAAS silver short...backed down rite at R...

1015
VIX 60min has piercing line possible 2 candle bull reversal pattern (opposite of dark cloud cover)...
it has it in the 15min too...suggests higher vix breakout, lower spx qqqq

1013
 the VIX is all over the map today... up down up... getting volatile....

1006
qqqq 60min chart is weakening, the 13min chart is giving it another pop, then when 13 and 60min align, the q's should go down

959
vix no fear yet...but yest candle poss bull reversal candle...watching vix

957
1,2,and 3min all toppy with weakening 60min but stronger 15min for bounce...why i shorted qqqq here...scalp first then possible all day daytrade

955
shorting the qqqq here 4574... typ 903

946
nervous csco shorts would exit here with small profit, breakeven... i'm staying short for now under .777ish

942
watching the qqqq 4545 and 4505 supports to see if it holds or breaks lower, if qqqq gets down there. last 4558

* 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".