Sunday, August 29, 2010

Monday ramblings / ES Futures Sunday night

419 pm
bought back HD for 28.00

245
i'm closing my BAC from 1330 short now and will look to reenter, 1236 BAC,, locking the 8% profit on this non 3x

242
3min es cup hand inv bull hs

237
VIX 60min is stilll in a downtrend (bullish spx)

231
ES now testing 3min DTL resis...watching to see if holds or breaks higher

229
tna is at small loss for now,,,3480 vs 3514 cost,,,still staying in

152
1057/58 ES is now 3min DTL resis

139
tna avg cost 3517, red rite now

138
in tna 3486, buy #2,, avg 35.14

124
KO moving up here, not down with ES,,,,for now,,,interesting to watch

120
unh has pierced. 32.17 trgt,,,watching to see if it makes uppoer trgts now

118
bias toward break over 1058 in coil

118
es 3minj coil supp 1057 ,,,r 1058, for now

112
another buy progr warn just triggered in KO

108
over 3217 unh ==>3240 trgt

107
UNH has receovered from 3200, not near the 3180 stop, to 3213 last

105
ABOVE the mkt PFE 1605 should cause upside accel, lasst 1601

1250
BAC is a mess but XLF is recovering here,,,,

1249
1061.50 ES target

1249
1059 trgt hit but still see higher,,,,es

1244
1059 trg es

1241
nervous ko or tna would exit here for small profit/breakeven, i will stay

1239
ES buy warning program also

1238
KO buy program warning, moderate

1234
stop 3183 on UNH near breakeven,,,no hold there and i'm out,,, last 3200,, should hold .90ish or trade invalidated

1221
bull inv HS forming in KO 3min

1202
KO can head back to its HOD, or higher

1200
3min bull diverg on KO, and the diverg at its support #,,hence the additional ko

1158
adding KOhere 5574, buy #2 of 4

1153
60 min KO still forming bull W

1150
KO just hit the .70 test downward mentinoed earlier,,,watching reactions here,, long KO is still valid

1145
watching reaction at 1055 es support test

1135
TNA 3547 limit was filled, hit 3542

1134
poss bear desc triangle ES 3min but 60min still says cautious on shorting just yet

1130
SPY rsi over 48 on 60min is bullish spy for me,,,last 53, for swings

1126
ko and pfe longs still valid setups

1123
simple view: 3min KO over 42 should pop it higher, sideways lower till then, last 36, bias to get over 42

1120
look at


rsi on 15min es,,,its bullish

1110
es has bull diverg on its 15min chart...moderate not strong diverg

1100
XLF is "trying" to break higher in its 60min chart,,,,xlf should tell the spx story,, a move higher or lower in xlf should be a good barometer for spx

1052
autotrader would go long limit SPY 106.40 if filled, if it was turned on, last 10.6 so no fill and its turned off, or  or tna 3547

1049
KO 5585 might have been low of day per the 3min 15min charts, which is why i started here,,,tho could go lower .70 .50,, but its early entry,,no "all day hold" setup in ko yet

1044
adding more KO here to allow combo swing/scalp...only had enough shares b4 for swing

1039
i'm dipping my toe in a little ko here 5589,,may see .70 or lower so just starting here

1027
KO 5570--5600 may present opp to add more,,,last 5600 but no "add more long" setup yet

1018
took a LOSS on the HD mess,,, 0.75% loss

1017
2846 stop on HD, close here at .50

1012
HD is actually near support here but i will NOT add more to cost avg down since trade premise is weak,,better to only avg in when trade premise is still strong n valid during an "expected" pullback,, like a KO or PFE buy more pullbakc

1010
HD stop 2847 for a small loss if stopped,,under that not interested for now

1007
no stall at 1623ish,,,around here 1620,,,would be v bullish pfe

1006
PFE continues up toward 1650+ trgt with interim stall trgt 1623, last 1619

959
looking for spots to add more KO PFE ,,,can't get back into KO,,running with 50% size on ko

958
HD is in a mild profit zone here but not happy with its action,,,will likely sell this with small profit soon and re-invest elsewhere,

942
auto program trader 82% has not entered anyt "all day hold daytrades" but is biased to up, for now, but no entries

838
I was never filled on the TZA afterhours order on Friday, it never went that low. That order was good only for Friday, I'm no longer interested in buying tza now before 10AM, and probably not at all today. The Friday order would have been a longer term hold OR a sell pre-market today on Monday,,, the trade premise on tza is now changed. if i were filled on it, i'd have sold it 36.10 here this morn for profit and look to re-enter later

Monday
8:23 AM
After making a high of 1073 overnight, the ES has now dropped to 1062. A hold of 1061 would suggest a move back up to 1067, 1074 , 1080 targets, while a break of 1062 would suggest move to lower targets. ES is still very bullish over 1061 and bullish over 1054.

10:04 PM
If the ES can hold up over 1070 (up 5-7 points from Friday) then the longs in PFE  UHN  HD    MCD   KO   TBT  should do well and hit their first primary swing targets (with the secondary higher targets also likely).  Last ES 1072.

Sunday 10:02 PM
As expected, ES has hit the 1067 target mentioned Friday and is one point from the 1074 targets mentioned on Friday. The 1080 Friday target remains viable.

From Friday:
if ES gets a 10min close over 1055 expect 1061,,, 60min close over 1062 could propel es to 1067, 74 1080,, much R at 1062 ...1062 not likely to break higher on first time,,,1062 may be short area, depends on chart when it gets there


* 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".

No comments:

Post a Comment