Wedn ramblings (and Tues eve ES futures)

339
4754 qqqq could still break lower....

336
qqqq holding the 4754 support from earlier, for now,,, 4731/28 still next if it breaks

323
4754ish qqqq next,,, then 4731/28


321
 1677 BAC target first

319
BAC sell program... 1712

316
qqqq under 4770 is


bearish intraday
 
309
the VIX daily is a doji resting on the bollinger band lower band, BUT the bands are flat now.... bullish for VIX... compare 2/22,,,1/12,,,9/11,,, 9/23

307
if i werent holding the qqqq shorts overnite, but only daytrade, then i'd look to tighten stops here to breakeven, or exit half at 4763ish

304
Gap ups are generally bullish if they r not filled, but the pattern of 2 gap ups in BAC is bearish to me,,, the candles are small with no followthru green bar after the gap.... these generally collapse, tho it can continue for a few days after

300
a vix close tomorrow over 1803 would be bullish vix,,,,

258
VIX is setting up a bullish morning star 3 day candle pattern,,,,3rd candle tomorrow,,, bullish vix bearish


spx dow qqqq



258
4754 next qqqq support,,,, then 4731/28

257
the VIX is at intraday R now....watching for reaction here..last 1684

255
watching the ADX line in BAC ... 1788 is # i'm wathcing... a move in BAC up or down should come at that level...depending on whether DI+ or DI- is on top... on daily ADX,, last is only 16.02 for now

250
bulls want to hold qqqq around 4766 here,,,impt #... a break of 4766 could quickly give 4728

245
the 60min qqqq has a half baked poss bear HS

243
my ES swing target is 1148

241
DOW exceeded the 10,754 target from July by about 14 points...thus far that target has held as R....

240
qqqq at a support here 4766,,,stall expected

239
vix mini intraday dbl bottom..moving up now... i expect larger pullback in coming days, not today

234
f i were nervous, i


would exit qqqq short here at

breakeven,,, i remain short tho
 
150
added shorts at dow 10,754
 
146
i'm still short here at R, but my work suggests IF IF DOW sustains over 10,754, then approx dow 12,700ish...dont have exact number... as a blowoff type of top ... it has not proven this yet, I consider the 10754 to be R still for now

141
charts suggest that ES 1169 should cap it, this move up

135
DOW just hit 10,754 target i had from last year around july....see if we get any reaction near here... doesnt always come the same day

102
qqqq sell program 4776

101
another BAC small sell prgm... 1723

1247
not sure if the BAC spike down to 1702 was real... i dont have a TS to support it visibly

1244
my charts also support at least a lil pullback, not based only on MM actions....maybe only good for a scalp

1243
stops are tight, but with narrow range, need more shares to make $$$

1238
increasing my position sizes along with the MM (agreesive)

1237
software suggests, at this moment, MM are shorting into this,,,could change later but thats what i see now. 4776 qqqq last

1235
small sell programs... qqqq 4776   bac 1721

1231
3min bull cup handle BAC...still short thoough for now as its close to R and expect any breakout to be contained

1228
vix continues to try its mini-intraday breakout higher, but is at 2 levels of micro R here... last 1678.. i remain short

1206
vix is crawling higher again as spx is flat range, intraday (suggests lower spx) but nothing major here

1148
the BAC moneyflow n OBV finally have bear diverg in 60min..last bac 1722

1138
VIX maybe waking up here, intraday only, for daytrades,,,last 1663

1124
dow 10,740 last... 10,754 target from last year still ...expecting turn down if it gets there

1037
if all 3 indexes were aligned when qqqq made a new high, that would prob have given blowoff top,, because index played catchup, less likely to get that type of top.... still think lower ahead, just not via blowoff

1036
qqqq now have 3 bearish candles in a row, 15min chart,,, hangman, narami, shootstar

1034
bac down at 1712 ,,,trgt 1706 but this move down is on lite vol

1030
added more dow shorts at 10725,,,dxd 2711 today 2740 yest... dxd last 2718

1026
setup for the qqqq short still valid, for me...last 4772

1014
BAC target down is 1706 to start...last 1713, down from 1727

1009
poss bear HS 3min BAC

1004
DOW made a marginal new high... hit the 10,731

1001
charts suggest qqqq might not make 48, so scaling in here 4772

1000
shorting qqqq 4772, or 7.97 typ

937
VIX near support from 1/11 low? will it hold or break lower....

* 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".