Thurs ramblings (and Wedn eve ES futures)

0402
if tza goes crazy AH i'll sell at 3770 a piece of it and try to buy bak,,,prob will not get a fill,, 3770 was my daily (unmet) target,, made 3756 hi

0400pm
tza hit 3727 or one penny over the .26 trgt b4 close

0350
there,,finally filled,,, locked in 1.17% on that piece

0349
missed by .20 order by 2 cents....hit .18 now .11,,,,i'm sticking with .20 it should go to .26

0343
if it were earlier in day my autotrader would do tza and faz here,,,but too close to end of day so it wont,,but that setup is there,, only unsatisfied conditino is "time less than 3:40 PM"

0337
li9mit sell part of tza scalp at 3720 if able, from 3677 cost

0334
that inv bull HS i mentinoed b4 measured to 1078 trgt,,,and ES hit it,,,watching to see if if goes over it or pulls bak

0330
bulls need to repair the 15min shoot star fast else bad for bulls

0328
selling half of tza here at cost just to reduce risk,,, avg in on the extra shares served its purpose

0319
faz swing shares took all off except last 1/4 of shares,,,, 17% profitr,,,look to reload later

0308
i'm going to be forced to take some profits even on the swing shorts today,,but will still hold some,,,there are some divergences that say "bounce",,, yet others say "more down,,this is just the start",,so i'll remain partially exposed and partial profit taknig

0306
10min and 15min showing signs of turning bearish again intraday....

0301
ES bear HS on daily chart,,, i know many see it,,, several days now on the right shoulder....yes one can also see an inv HS bullish LOL,,, the bear HS is bigger tho

0254
they r trying v hard on ES dbl bot / bull inv HS on 3min,,but using a lot of energy on 15min to do so,,,v interesting,,,tricky here intraday,,,,still def have swing short setups

0251
if the 10min repairs itself i'd feel more comfy short scalp,,,still have the tza tho

0246
tza could still hit the 3771 trgt today, limit order set to sell there if able (most scalp shares not all)

0244
watching for the infamous 3min ES bull inv HS that they like :),,, prepared to cover short scalps on trigger of it

0240
i still have no buy in spx intraday,,rather have a "short the rally"

0230
more tza 3705,,,,still have 3703 tza


too,,,just buying bak what was sold b4
 
0215
thinking of buying bak tza,,,not yet

0207
taking 25% of shares off here at .50 for 1% profit on the scalp,,,3748 sold,,,paid 3703,,, > 1% prof

0204
well tza hit the .27 and .37 followed as expected,,,,

0203
might take profits on 25% of those BAC puts today if it breaks, puts at 16% profit here but that should pop higher if bac breaks

200
meanwhile faz leads again,,,at its high of day test now,,,about to make higher hig

159
got the .27 on tza....lets see if the dynamic kicks in

158
under 1066 we have 1062 support but then not mycg support b4 1051

154pm
i'd like to see the tza and faz bull flags convert to bear rising wedges in coming hours,,then they will pull back after the wedge move up completes,, i intend to ride the wedge up if this happens,,via swing ride

153
tza has marginally broken above its 3min coil....still needs the .27 to trigger the coil bull dynamic

150
tza need to stay over 3686 and pref 3705....a violatino under 3705 i might get out of the scalp (keeping swing)

148
if tza gets over .27 then it should test to .38, and the .38 "should" breka higher (per coil dynamics)

142
ah the xlf is also pushing on its lower DAILY boll band,,its bearishly strething it vs the less bearish "quik pop below"

140
we r still in the chop whipsaw setup here to me

137
3993 (not today) target in the newly defined tza daily up channel,,,

134
ES sell program warning at 1072

134
we need the tza 10min stoch to turn bak up n hit 70,,,,flat now at 60

133
VIX charts are confirming daily bearishness,,,,

132
the XLF has ALREADY broken its lower BB on 3min..bearish warning

131
one min later, we got the warning there...lets see

130
yea...watching for 1073 break on es would be a warning of bear flag break lower

128
xlf is showing weaker than russel or spx now,,,xlf could drag em down yet again

123
a break of ES 1072 would break the bear flag lower,,,,

109pm
ES 15min,,,bear flag

1258
tza just hit the 3737 target and backed off,,,still holding

1255
taking 25% of shares off tza here to lock 0.75% profit

1255
hmm the 15min tza has a bullish continuation candle pattern if it holds this 15min low...the 5 methods modified

1251
3737 first scalp trgt tza

1245
if the 2min stoch hits 40 on tza it should pop up nicely,,,last 25,,,,inability to do so it will likely fall more,,,14,3,3 stoch 2min

1244
mini sell prog warn in ES at 1073,,

1240
last 3696 tza but premise to trade still valid for me

1237
nervous would exit now breakeven,,,i'm willing to hold awhile and add more lower tza if needed, for now i still like it

1235
TZA is now back at .03,,,,staying in for now

1229
3703 was hit,,, filled :D

1228
i am doing tza lim 3703 buy if filled here

1222
agressive could actually prepare for a scalp short here,,,soon,,,pattern developing not confirmed,,short then long, es 1073

1219
ES has R here at 1072 trendline,,,see if the new trednline holds

1216
grr i missed a "add more BAC shorts 1317 by one cent,,,no fill...hit 1316

1213
i'll use the high vol SPY --for nice fills on scalp and just buy 3x # of shares to mimic/correlate to upro for 3x,,no long scalp yet

1206
well the 3min stoch


did its thing with under 20 and moving over

mentinoed b4,,,but other things are

iffy,,,i'd wait for the 1minute chart to

pullbak b4 long scalp,,,sso resis around 3501 trendline R

1200
ES down channel now officially replaces the bull wedge,,,until 1074 ES breaks higher, in 3min

1155
tza 3770 trgt

1153
if es hits 1066 then faz should hit the 1607 trgt,,, i think lol,, last 1592

1150
TZA is pushing outside and above its upper BOLL band,,,which usually means higher tza,,,BUT a short signal is given upon a close under the upper bak inside,,, so i may take profits on another 25% and hold the other 25% swing with stop below 34,,,and then try to buy back the 25% sold when it gets bak inside the BB and the "short tza" setup fades

1149
ok the BAC has hit the 1302 support,,,a bounce would be normal but this may just crak with no bounce over 1311

1146
see this ES bull fall wedge is converting to a down channel instead as discussed b4,,,wedges r fun but tricky to trade

1140
BAC is very near its prior 1302 low a few days ago,,,1305 last,,,will prob get lil bounce but not covering any here,,could break below

1139
1066 ES trgt still

1134
3min stoch needs to fall below 20 again and the base b4 i consider long scalp

1131
i wont get a "scalp long" setup for at least 30min,,,maybe longer (hours) if at all,,, being patient is often hard esp if one is tick watching,,,someteims good to just walk away if tempted to enter too early

1129
ES did break higher marginally from its 3min wedge,,,but i'm waiting to see if such wedge converts to down channel

1127
my "hold short all day" signal is still in effect, currently says "may get some upside or sideways but hold on and no new longs yet" at ES 1075

1108
XLF 60min hist just crossed under 0 which some use as a swing short signal,,,i dont use it because it usually comes late and results in chop first,,,there is USUALLY time to get in short, or add shorts to previous positions after some chopping around,,,but it may be enough  to propel FAZ upward to the 1607 target during such whipsaw

1104
i might try upro long scalp unsure,,,on 1072 ES

1051
MID TERM TARGET
my SPX target is 977,,,,via non ewave analysis,,, math analysis suggests 977 which just so happens to land right near 977.64 prior support at Aug 17. That is, a few diff independent analysis suggests 977, the 977 not chose just cuz it was Aug support, then 816 is my next target,,,,then see what happens if we get there,, i didn't make or "force" the analysis to hit 977 it just landed there

1046
FAZ has hit its 1570 exactly trgt on the touch of 1570 ,, stil have that 1607 target from a week ago

1042
i got a swing signal at tza 3130, last tza 3638, up 16% so far,,,,faz up 16% roi too
 
1038
re: options,,,if they bring BAC under 12.88 it would really mess up some optinos holders,,,so maybe it makes it down there,,,but not a tradeable strategy,,,in any event 12 target

1032
 theres a type of morn star daily bullish setup (creative) on tza

1028
looking for entry to buy back tza but requires patience for right entry,,,i'll only add on a 15min chart 3min combo,, still have half of tza shares, and still in faz swing

1011
i will try to buy back,,,will hold at least 25% tza for 3700 3800 4500 6000 targets

1009
3594 stop on 25% of tza,,,,and lower stop on other 25% (have 50% left,,,took profits at 4% and 7% thus far)

1005
forced again to take some tza profits here at 7% roi, per rules,,,will try to buy later bak

1002
es should stall here and i'll likely take a lil off...watching,,,if no stall 1078 then weak

1001
LOL the 1082 broke while typing :)

1000
charts do suggest a slower move down tho if we get it....around here there are multiple mini supports

959
right now for me,,,v good chance to break 1082 es....my chart say "stay short all day" right now (may change in 15 or 30min)

957
i'm taking 25% of skf off here to lock profits 2147,,per rule on trgt achivied i need to take some off

953
xklf is running into support here now,,,watching as faz skf at R,,,still see lower xlf n higher faz, but this is a decent spot to take partial profits

935
yea looking for lower trgts today,,,3711 is my "real" first swing trgt but will buy sell buy in between if able

932
tza trgt 3565 then 3593 on break of 3512, then 3711 with stalls in between tza

913
SHORTIE i think we can bounce once more to marginally higher hi 1103ish and still get the p3,,tho bias is down for now for the lower targets

834
if  ES 1082 breaks then 1074 trgt

Thurs 8:28 AAM
bought bak tza i sold yest at 3528 for  3430, still have other tza shares at lower levels

Wedn 7:52 PM
not sure if ES will bounce to 1090/92 but if it does then still a bear HS 60min pattern will be formed,,,needs to get higher to avoid bearishness

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