Thursday, September 9, 2010

friday ramblings (and Thurs eve / Friday pre-market ES Futures)

351
LOL the remaining half of this sds "pain in the neck trade" at breakeven,,,will exit b4 close

340
trading ideas: faz sco twm tza ung,,,,and short intc short jnpr, short oil,,,no new



entries in ung or sco here tho


337
this move has same characteristics as the spx 1218, 1173 and 1130 moves...i continue to layer in short

330
shorting JNPR 28.30, swing, modest size pos

313
if intc breaks 1782 then 1760 trgt next,, got in the intc short just in time

311
the 14:50pm sell prog signal is still valid, not expired

257
Chaking Daily MF continues to say the SPY rally is on fumes, unsupported,,(only applies to swings not scalps, Chakin_)

256
intc falling and is right at pennant support now

252
this sell progr signal is enough to bring 1100 es or lower, if triggered,,,,

250
SELL PROGRAM signal ES here, at es 1104

248
have


supplemented short russell with

short intc instead of short semi's

or qqqq,,, long natural gas, short oil
 
 
241
intc is modest size position,,,bear pennant 60min, weak daily

235
intc starter position short 1796, swing

216
may not get a big move today but i still see down in coming days,,,this is very toppy here,, i will remain swing short

156
usually when its sitting on support in this chart pattern it breaks lower, but ,,,,support is support till it breaks

155
ES is now sitting right on 3min support but looks like it will break lower,,but


crazy low vol tape
 
 
146
es testing its 3min support trendline here

144
1102 support es

143
ES sell progr signal here,,,mild for now at es 1103

117
twm and


tza r working much better than es

shorts or sds spxu today
 
107pm
ES now coiling 3min w support 1101, R 1103

1240
watching 1101.25 here,,,tline R

1235
110164,,,110275 are the ES resistances 3min

1229
1min says sell,,,3min says aggressive entry here,,1min says


sell,,,3min says aggressive entry

here
 
 
1223
1102//110274 has multipl R

1221
steep DTL broeken so looking for spot to take half off, keeop half

1219
1min says sell,,,3min says wait,,,so tricky

1218
thus far,,,sellers stepped in on the 3min dtl R, at a perfect touch,,,but getting lil tired

1217
SPY low, that is

1216
still too early, but my algo progr trader suggests possibility that yest low could be broken lower today

1213
spy has poss inv bull HS on 15min

1209
hmm sds is breaking over its trendlines ahead of ES .... es support still at 1098 but sds breaking over its resist first, such is the nature of spy sds spxu vs ES

1203
raising limit sell from .73 to .93 for now

1202
steep R now at 1102,,watching for reaction if it bounces there

1201
now just lettting shorts ride lower until the newly formed steep DTL is pierced on ES

1158
ES 10985.50ish is trendline support,,,may cover half there from 1104

1156
changed to .78 from .73 to sell for now

1150
sds just hit the 3163 trgt

1149
oil short via sco 60min is in a bull falling wedge,,,can still fall more before pivoting higher

1145
goog now at 477 down from 480

1141
watching reaction at the 3163 trgt

1140
trying for 3173 limit sell half sds if able,,,3173 is in between diff targets

1130
SCO liimit buy more at 1407 still is valid, tho hit 1433ish and bounced today, last 1450,,,if 1407 doesnt fill will ride with current size posit

1118
sds trgt 3166 3178 3195 3250

1113
took second 25% positino here autotrader 3151,,, for 50% size at 3150/51

1110
program autotrader has a limit order sds 31.45 for 25% size, and entered 31.50 for 25% size

1050
UNG approaching 660 resist,,,stalll likely,, will it dbl top or break higher? charts suggest break higher after pullbak

1047
in sds 3150

1000
sds 3155 looks good, but i'll wait to enter

956
UNG continues to behave

955
theres a weak bear diverg on spy but i'm not shorting it, not strong enough, 3min spy

952
ES is now at the coil R 1102.5

946
1098 and 1102 ES pivots: in between, neutral,,, over 1102 bullish, under 1098 bearish,,,those r the coil boundries,, there's a coil sym tri inside the 60min upchannel

942
intraday, es bullish over 1098

941
1098 is impt support because a break and 10min close under it would break uptrend and send es sideways to poss down,, because of the existing support a big move down on first try is not likely

935
trenline and horiz support both at es 1098

Friday
855 AM
I'll add to my swing oil short via sco limit 14.07, last 1472. Not sure sco will drop there first, but if so i'll add. it may want to pull back some more before advancing higher toward the 17.00 and 18.73 targets

1143pm
trianlge trgt es 1086, also co-incides with prior low and horiz support 1086.

Thurs 11:33pm

es, 15min
chart, bear desc triangle but no
break lower confirmed yet

aud/usd has broken support, broke the rectangle lower



* 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".

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