wednesday ramblings (and tues night futures)

0340'
i dont see under 1160 close tho in ES

0339
VXX hit 2423 target,,,watching for it to pop up now

0334
VIX is testing R here now,,,could break higher (bearish for spx if it does)

0333
3min bear HS ES 3min

0325
to me this is a low risk swing short, if it reverses just get stopped out and take loss,,, good risk ratio for me,, spx 1170

0323
VXX over 2423 should give a nice pop up, if it gets there,,, last 2413,

0318
ES over 1166.50 bbullish,,,there is a clear uptrend channel 15min,, if support starts to break, then watching 2ndary support

0314
i know there is a bull spx cup and handle but i don't like all those small 60min candles in it.... bearish

0252
i am staying swing short

0237
SPY puts 1.48

0234
still expecting pullback in coming hours days

0233
VIX has not gone down much as SPX advnced last 20min, bearish

0211
vxx hit target,,,scalper 0.75% profit on a small piece,, not much % but 6 months bank interest LOL in 1 hour

0208
VXX stall here was expected,,,stalled 1 cent under the 2428 trgt

0206
EWC volume today is patheticly low,,, lowest since march 29 at least

0159
VXX hit 2427 right near 2428 first target,,,watching reaction now to see extent of the stalll

0146
VXX targets: 24.28, 2442, 2497,2531 2729 3103 (not all today of course)

0136
24.28 vxx target for the scalp shares,,, higher targets for rest of vxx shares.....

0132
filled. bought some vxx here 2411 for 2428 to start (same cost as other vix, just more shares, for scalp_

0131
ABOVE THE market i'll buy more vxx 24.11 now not .18 (stop mkt) for the 2428...different acct


0131
ABOVE THE market i'll buy more vxx 24.12 now not .18 (stop mkt) for the 2428...different acct


0130
VXX is volatile, not for the faint of heart....

0129
ABOVE THE market i'll buy more vxx 24.16 now not .18 (stop mkt) for the 2428...different acct


0128
moves down almost always faster more sudden and harsher yea,,,, shorting requires better timing than long

0125
ABOVE THE market i'll buy more vxx 24.18 (stop mkt) for the 2428...different acct

0123
if vxx hits 24.18 should give 24.28

0123
24.28 VXX stall expected, last 2409

0113
doubled VIX holdings,,, cost now 2411

0110
more vxx at 24.00

1258
VXX at 2405 down from 2430 but still holding it for now,,,see upside in VXX in coming hours days

1229
today is not as bullish as it seems,,,,so far, all they have done is try to test yest high,,,, watching if they make a new high today

1226
tomorrow selling still fits my model, yest i mentioned the charts suggested no big down move today

1152
ES bear lopsided HS in 3min

1136
VXX target 25.70 from 24.30 to start with,,,, 5.75% profit if achieved,,, 2nd target 28.64

1136
bull HS in 3min TWM short russel

1117
in VXX again 2422

1111
stopped out of WMT, small profit

1100
TWM has a bull diverg in 10min chart

1054
stop 5239 in WMT to lock a small profit if stopped out....last 5221

1040
in 1835 TWM

1039
1828 TWM limit reenter if filled

1031
if 5217 impt WMT support broken, if sustained then 51.83 next trgt,, testing 5217 now

1026
at least WMT and EWC are working

1022
grr stopped out TWM,,, 3% loss on that oner

1018
wmt backing down now at 5224 again

1015
TWM stop at 1822,,last 1827,,,likely stopp out,, 3% loss if stopped out,,, will re-enter again later

1013
WMT bounced up to 5235 from .17,,,watching it

954
WMT plunging now,,,, support now 5205 next

944
5224 WMT is support, stall here expected, large positions can lock in 0.3% profit on partial shares

943
WMT already down at 5226 from 5250 in 10 minutes....

935
adding more WMT shorts 52.48,, avg = 52.44

934
shorting WMT 52.40

Tues 7:04 PM
If we ignore the crazy 1056 low, and do a fib retracement from 1216.75 high to 1090.75 low (not 1056), then ES retraced almost exactly to the 62% Fib of 1167.85 (to 1169). I'm not an ewave specialist, but if Wave 1 down was 1217 to 1090 and W2 1090 to 1167, then the large Wave 3 coming would land at 966 or 889. Interestingly, non-eWave analysis points to ES targets of 955 and 865, close to the eWave targets.

* 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".