Friday ramblings / Thurs eve futures

0424
spx also shows some signs daily that it may be starting a coil triange

0353
vix at 22 R.... could pop to 23,,,sounds high but it could

0337
not an easy environ to trade in like that so i'll keep small positions swings

0336
heres what i see spx: daily bias down, 60 min down, 15min up/neutral,,,, but other indicators i have suggest whipsaw

0321
last lil move up on lite vol to push up,,,still thinking lower into close

0307
skf target 1846

0306
4922 qqqq limit to cover half

0259
4393 qqqq wick did have a print but only for 70,000 shares

0253
vix is pushing up nicely against its BB stretching it not piercing spiking thru it

244
cancelled limit order   ...usually will go lower when only misses by one cent

0242
4936 is good spot to cover half but trying for the 4933 limit first

0239
VIX is now at high of day...

0236
still have that 49.33 limit cover qqqq from 49.61/73 on half of shares,,,holding other half for more profit if able

0234
using SPY and QQQQ to do long/short is so much better than the 2x or 3x etfs.... such high volume on the spy qqqq

0228
  the "orderliness" of this decline is typical of stage 3 distribution tho,, with the stage 4of decline to follow

0225
but since adx has bottomed and rising,,,watching for possible bull cross there to indicate move over,,,when adx bottoms the trend can shift

0223
adx line qqqq 15min bottomed and risiing, with DI neg on top... showing the qqqq downtrend not done yet in 15min charts

0218
we could move sideways for a week, then down

0216
ah those MM used a trick to paint that last 15min candle green,,,, tricky guys,,, ran it up just b4 the 15min bar close

0212
intraday 15min qqqq have 4 waves, looks like 5th wave down starting here

0209
2million qqqq just sold red at 49.46

0203
for profit, if able,,covedr 25% newly added qqqq shorts limit 49.33

0159
see if qqqq bounce to 4956 and hold down there, last 4950

0158
4961 was good re-entry short qqqq thus far.. close the retraced high

0150
4961 qqqqq short looks good here

0113
next qqq target is 49.22,,, other qqqq targets.... 48.98,,,, 48.37 if 49.87 R holds


0108
VIX just broke yesterdays high, tho marginally

0106
3min bull diverg on qqqq may present opp to add to shorts if it rises

0105
stop 4987 on 50% of qqqq remaining now, and stop breakeven on other 25% (took profits on 25% already)

0103
i covered some qqqq to lock profits but still see lower in coming hours days

0100
covering 25% qqqq at 4940

1256
my tbt conversely is a mess lol, down 1.8% but thats longer hold

1255
skf has broken over yesterdays high of 1789 and is at 1803 and rising, up 3.80%

1238
Market makers are holding qqqq up here and shorting into them

1233
QQQQ is right at its 20 MA daily now testing it near 49.54.... hold first time expected there... but often will overshoot lower, then backtest back up

1228
watching for possible formation of the ever so popular inverse Head And SHoulders bullish in the QQQQ 3min, tho still short

1224
my qqqq targets.... 48.98,,,, 48.37 if 49.60 R holds

1219
qqqq...if no stall at 4960....they are really weak...should stall there

1217
watching 4960 now....stall 4968 expected

1212
watching qqqq at 4968 reaction if it gets there,,,hold or bounce...last 4972

1212
qqqq weak also,,, HS in 3min bearish, broken neck

1209
shorting qqqq here directly instead of qid or typ,,,using 3x the shares to mimic 3x etf....vol too low on the 2/3x etfs

1149
i'll try QID 1546 limit if able

1142
considering QID but no entry yet

1127
xlf skf faz...in a 15min coil...bouncing around... waiting for entry into faz

1049
stopped out on other piece of spxu, only got 1.25% profit on 25% of spxu

1048
stops on remaining spxu at breakeven

1046
ES could be trying a bull cup handle 3min but i still like short

1043
1198 ES short here could work, hold time 15min--4 hours

1034
should pull back here from 1198

1027
ES resis 1198---see if it holds

1019
charts suggest one more move down to break 1193 ES before signif bounce up, to me at this min

1016
VIX JUST DID INTRADAY GAP UP FROM 1935 to 1958///could be significant,,,, intraday gaps like that less common than overnite gaps

1009
next spxu trgt 27.84

1006
taking 1.25% profit here spxu,,, 1197 ES,,, 2749 spxu, on 25% shares, cuz at R,, cannot turn down 1.25% profit in 8 minutes hold time,, or ES 1202.50--1197 or 5.5 points

1000
60minute move down may only just be beginning

958
*1202.50 ES sorry

957
in 27.12 spxu,,,paying premium, starter position...at 1203 ES

954
trying spxu 2696 limit buy for now, if filled

953
i might do a momentum trade starting position on a break of ES low but waiting for bounce up in spx to short first if able

942
simple view: observe the MACD histogram in 15 and 60min uptick downticks for momentum shifts

941
until spx 15 and 60min strengthen, i remain bearish for coming hours not minutes

939
since April 16 the 60min rsi on skf has stayed over 34 for a low but over 66 for highs, this implies the upside in skf is stronger (bearish xlf)

937
10 15 60 min charts suggest down in spx to me, from a hold time of hours not minutes

935
spx 15min boll bands are tight,,,a break over of either is likely to continue in direction of break...now testing the lower BB

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