wednesday ramblings (and tues night futures)

0400pm
PFE and MCD both have bull engulfing candles,,,requiring confirmation tomorrow or next day with higher closes,,,  add spot


to add more swing shorts may

present tomorrow
 
 
351
besides tech charts, another reason i like PFE long swing,,,is the huge volume on the gap up in PFE on Aug 3,,,it should make new highs over 16.60

343
if MCD can hit .63ish today then i'll take some off to lock profits,,,holding rest swing

0342
ko hit .61 near the .70 trgt,,still see sideways in KO for a few hours

0324
ES over 1048 still bullish intraday,,,below it suggests lower

320
qqqqq needs close today > 4401 to get engulfing,, failure of engulfing will still give a piercing bullish

0318
painting a bull engulfing 2 day candle pattern,,,stronger than the bull harami, but it would need confirm with a subsequent daily close over 4413 after todays candle (day 3,4 or 5)

309
for coming days,,,,dueling 60min and daily often results in sideways,,,,bear daily n neutral-bullish 15/60min

035
KO target is only 5570 next then up down awhile,,,swing trgt 5712 with stops along the way

301
we are at some type of algo resistance here,,,alarm just sounded,,,,but still looks bullish intraday,, 1054 ES

259
7363 MCD is next trgt, last 7330

249
MCD and PFE both have v bullish daily candles

244
will look to add shorts when this rally ends in coming days hours

243
my swing targt es on continued strength is 1083,,thats target tho charts don't yet have the setup to achieve it,,,no aggressive entries lol

242
ES trgt 1055, then 1061 if 1055 breaks,,,1061 is DTL resist touch

240
we should hit 1055 ES prior intraday hi

232
1598 stopped out,,,took profits on that piece of pfe

221
if MCD 15min rsi gets over 60,,,,new highs for it,,,else sideways here

215
1051 was the resis trgt from 9am and it hit so should pull bak ,,,but tricky charts

214
1050 trgt hit,,,1055 next

211
wow pfe doing well here,,,mcd is ok,,,KO sluggish as its been all day

209
1598 stop

205
1050 then 1055 es trgt

202
1614 and 1626 are the "real" targtes pfe,,,just dont know where it will stall and pullbak,,,hence the partial stops to lock profit

159
stop 1592 for 25% shares

158
good,,, GSCO raised to 1607 from 1601 :)

154
stop mkt 1589 on 25% pfe shares,,, i will NOT get caught in a crazy drop like noontime by missing limit to sell by one cent

147
hmm might need to change to 1601 if GSCO doesnt remove his ask,,,he's big hehe,,just noticed the goldman sell there

146
trying still to sell half of pfe 1603...or 1598 1593 if have to

140
1049.60 is now ES declining R (lower from 1051 earlier)

122
meanwhile...the 3min PFE macd has a higher low confirmed after a buyll diverg so still looking for upper day trgts

117
well KO took a nasty lil dive but has recovered to breakeven here,,,the KO sluggishness expected,,but when it pops up it does so nicely

1253
pfe missed the fill to sell by one cent,,then dropped,,, raising sale price to .98 now from .95, may do manually if it gets up there

1229
12 min trgt to hit the pfe .95 trgt in 12min

1227
well spy is green,,,,es red

1226
VIX daily red,,,and spx daily red,,,,

1223
if algo program trader goes short,,it wont do so before 1247

1221
but 60 min momentum down slowed,,,hence this action as 15 and 60 battle

1217
ah now the 15min SPX is weakening,,,could fall,,,sideways likely a bit

1211
.91 to .87 pullback mearsure to .95 on .91 pfe break,,,rite at trgt

1206
secondary ES trgt is 1060 if bullish intraday continues

1204
es at 1048,,,2 pts from 1050/51 trgt

1200
and bull engulf on MCD

1159
PFE forming daily bull piercing candles if it can close around here

1158
KO is at a 10 cent loss atm ,,,still valid tho, holding

1156
PFE just made new HOD :) mcd near its hod

1154
asc triangl trgt 1=1595,,, t2=1606,, close to the 9AM pfe trgts

1152
changing the .95 pfe limit order to stop mkt order .95,, so i'll prob get a fill at either .95 or .94 not .95 guaranteed

1148
pfe 3min asc triangle also measures to the .95 trgt

1147
PFE trying for triple top mini on 10 min,,,,expecting it to break higher not lower to hit the .95 trgt

1145
buy program warning,,,es, mild, at es 1046

1127
hmm might need to take some pfe off a lil b4 the .95 targt for half,,,if ES gets to 1051 b4 pfe

1120
i would expect stall at ES 1051 trgt if its hit,, the rsi hit its target so the 1051 is likely

1118
MCD and PFE moving ok,,, the KO continues sluggish but thats expected in the coil as mentinoed

1104
1051 ES trgt,,,the trendline touch

1101
the ES hit the rsi 42 target as expected, from 35,,, now trying for 2nd trgt 48,,,it could pop nice if achieved

1100
1588/1590 poss pfe stall,,,theres a trendline R there 10min chart

1057
limit sell half pfe scalp 1594 if filled

1051
PFE trgt daily 1613 if it can get over 1595, so 1595 then 1613 trgt

1048
PFE buy prog warning here at 1580

1045
simple view: if ES rsi on 15min gets over 42 then small up, and over 48 should give nice bounce,, inability to do so means more sideway and down,,,bias right now is for it to move up some to 42


1036
BAC short continues lower, BAC last 12.46 towar the 1200 trgt

1028
\pfe could go for 3rd drive to high at 1395,,,to break higher,,,will watch,,, last 1578

1026
scalping and swing both on pfe,,, .78 entry here looks good for scalp

1017
MCD doesnt normally have more than $1.50 diff between hi and low of day even on good day,,,poss to trade within it while still staying swing long

1013
i will not likely sell MCD when it gets to 74.00,,, 7400 is a 20 year high, all time high in mcd,,,it should go higher

1009
KO is likely to move slower,,,its an early entry inside a coil, bull falling wedge,,,so slower till it pops out of it

1008
MCD makes a new high, $1 higher than the Low of day

1003
loose


stops and limit orders to buy n sell

needed in the chop
 
959
KO 55.32,,,starting pos 25% size

952
MCD continues up, resisting the move down in spx dow here,, small bounces up on the dow should be exaggerated in mcd as it goes to try to make a higher yearly high

946
MCD is off to the races thus far this morn, nice 4 green bars on the 3min

943
starting in PFE 1581, w 25% position size

WEDNESDAY
939
continuing along "hedge swing shorts via swing longs" i will be looking at entries in KO CVX PFE ,,,in additino to MCD TBT longs

Tues 10:56 PM
bullish divergences in the ES may present an opp on the charts to add to swing short positions Wedn,,, no "add more" setup presented itself today tues today on my charts


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