tuesday ramblings (and Mon nite futures)

0412
ES still under pressure here now

0411
xlf up only 0.78% today vs russel up 1.6%

0404
tza is up now 1.5% from earlier buy today,,,,gold is gone for now for 5%ish profit only,,, faz ROI is now 12% down from 17% yest,, newly acquired skf is red now down 0.5% one half percent

0358
2137 limit sell if able

0355
1091 trgt just hit :D

0347
1409 xlf trgt last 1415

0342
2136 skf trgt revised from 2140 on that break

0341
ES 10911 then 1088 trgts still valid

0339
ES just hit my 1093.,50 trgt,,,

0332
tza is a little above cost now,,newly acquired TZA today

0320
sell progr warnin in xlf 1415,,es 1094

0317
if skf gets over 2124 it could quickly see 2140, xlf is closer to


breaking than spx,,if so xlf can pull down spx
 
 
0312
usually only get that setup once a day

0311
the 10min stoch gave a nice warning for a 20 cent pop up in skf...thats 100% wins on that signal,,,5 for 5 in last few days

0307
tza has the same signal setup

0306
no guarantees but i have an "add faz swing" here with 82% win rate,,,as long as it holds over todays low it should be fine

0304
likely hold, pop up some, then break lower

0304
xlf is at support now,,,watching for hold or break

300pm
ES breakdown setup,,,ES 10911 then 1088 trgts

0248
the stoch trigger will usually give a 10min--60min warning of upside in advance,,,watching to see if this one works,,,got the trigger but its right at R

0243
hmm skf is flirting with that 49 stoch target here also,,,,watching to see if that will push the xlf down n skf up

0227
  the vxx faz n tza gave a much higher % return than gold,,,but need to diversify

0221
i have a sell prog warn in xlf here....lets see if it does anythning,,,milkd one for now

0219
the skf faz stoch


10min at 38 now...,,,still needs the 47 to pop higher

0206
exiting gold for now,,,dgp out 3236,,,looks like time to exit, take profit from 3106, and re-enter,,,also added shares


and breakeven on the additional shares
 
 
158
skf is now trying to break out of this downchannel wedge thing its in...minor breka higher

152
adding tza 3416, avg 3416+3472/2=3444 avg

150
macd sig should get over 0 on next move up...touched near 0 on last,,,thats the sig line not histogram,,,(tho hist will also go over 0)

149
xlf 3min macd sig line bear diverg...3x diverg should be enough for a pullbakc on xlf

146
doing tbt 3292 here

144
i still have no "add more swing shorts" setup,,,maybe in next 1-2 hrs but not likely b4 today close

140
shorting ES 1098 via spxu

117pm
this is wave 5 up in xlf intraday

1258
heres the gold breakout forming...still forming but looks like a new HOD coming

1246
sounds crazy but i almost have an "add more shorts" swing setup....but it will NOT come for at least 1 more hour,,,its in develop stage now

1236
the skf stoch 10min needs to get over 47 to get skf going up,,bearish until then,,,watching for that,,,charts suggest that its going to try for over 47,,,last 29

1232
theres a poss setup for a break higher in gold GLD DGP,,last dgp 3237

1216
2123 is trgt for skf test up here,,,its still bearish until 2123 breaks higher, last 2114

1210
1089 target,,,if it kicks in

1209
LOL an actuall sell program warning? lets see if it does anything,, at ES 1095

1124
xlf has a bear diverg in 3min setting up that should give a pullback

1122
taking 2115 skf ...close enough

1119
limit more skf 2112 if filled last 2116



1117preparing to buy pos #3 in skf

1111
spx at or near 200 MA now

1110
ES is close to trendline resist 1093ish

1058
adding skf here 3131

1053
theres the expected bounce on xlf,,,now watching to see if it turns down or not

1048
ES is moving near its HOD but xlf not confirming this up

1035
oops coiling not soiling LOL

1034
ES is now soiling,,,could go up or down,,still biased down for now

1032
BAC is a mess :) down at 1316 from its stab at 1335ish,,,good for the shorts

1032
xlf "should have" bounced here or it should...this is weak bearish if not,,thus far no bounce

1031
a 15min VIX close over 2501 should send the spx down ,,,, last 2480

1028
SKF FAZ just filled the gap...watching for it to push thru it now,,,a turn down here first would be normal

1024
my auto program trader just entered skf,,, limit filled 21.45 ,,barely got a fill on the 2145 it hit 2144

1022
this is buy #1 of 4 if filled,,,25% early entry

1022
my autotrader has a limit skf 21.45 long if able and filled, last 2151,,,to hold for hours not minutes,,,82% win rate

1019
if ES gets a 10 or 15min close under 1082 that would be v bearsih,,,holding thus far but still biased down for now

1013
i have a 10min chart "xlf weaker" warning but no new shorts yet,,,holding the faz swing still,, the warning often results in sideways for a little while before going lower


1012
if XLF and ES doesnt move up from here but stays here then my algo program trader will likely enter short SPX and short XLF,,but not for at least 10minutes maybe an hour

1008
3260 next dgp trgt, last 3240

1006
gold DGP has marginally violated yest hi to upside,,,watching for more movement up...last 2 days have been no gold movement during the day, all increases on the 4% up have come via gaps up

959
thus far i see weakness in XLF that will prevent any big ramp today,,,will see tho,,, generally on a "ramp higher" day strength will be seen in the first 30 min not weakness

954
if ES or BAC starts to surge i'll exit and reeval

953
i took some partial profits in BAC before in both stock and options,,,remaining half was red this morn but now at breakeven in BAC.... remaining options r still red of course,, options i may need


to take a loss but the stock should be

profitable,,,no decay

948
in gold via dgp 32.33 for todays shares,,,,31.50ish avg cost,,,,stop on gold tite, if it goes under yest low i'll take lil loss not much (loss on todays new shares,,,overall would be a small gain),,,(loss on todays new shares,,,overall would be a small gain about 1.5%)

933
GOLD swing is up 4% roi thus far,,,looking to add more gold here via dgp,,watching for entry

5:45 AM Tues
ES above 1078 I would view the ES as bullish, and bearish < 1078. I remain bearish from a swing perspective as long as ES is under 1089 and 1110. If 1089 breaks higher I will likely lock some profits on previously entered swing shorts and look to re-enter, while holding others for the 1108 test,,,but it depends on what charts look like.

5:43 AM Tues
The ES climbed up to 1084.75, just over the 1084 target. ES could go for the 1089 target (or higher if that breaks), but the charts now suggest a pullback. As long as the pullback stays above 1078 I would view the ES as bullish, and bearish < 1078. Charts suggest that if 1081 breaks then 1078 gets tested else a pivot back up of 1078 to retest the 1085 and then 1089.

1103pm monday
v interesting futures action tonight. The 1077  broke and did hit the 1073 target, and ES has since pivoted up to 1080. Targets would be 1082,84,89....a break of 1082 would be significant and a break over 1089 could turn the ES v bullish. This will be fun to watch,,,perhaps there will be some volatility during 930am--4pm tomorrow.

730 PM
there it is..the 1077 has broken as expected, on "high vol" for afterhours trading


6:41 PM Monday
i have a short ES
setup here 1078/77 for a multihour hold.  1076.75 has been support the last 3 hours and charts r suggesting it will break lower 1073,70,68,66 targets with 1073 and 1066 the primary ones.

* 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".