Monday ramblings

508
aud/usd turning down,,,watching es as it tests 1119 simultaneously

425
charts are suggsting some pullback

424
2 things to watch for (bearish) : 1. an open under today's close, and 2. a close under todays low

or, to watch, bullish: a close over today's high, or a higher hi

419
VIX has a bullish candle inv hammer but needs confirmation with subsequent day close over todays hi (bullish vix is bearish spx)

410
es 60min support channel is at 1105,,,could see a move down there

406
i remain swing short via tza 2970 for now, and shot intc jnpr,,,long ung sco,,,, shorts currently red, ung green, and short a lil spx from ES 1118---the limit add more short 1118 posted this AM was filled

359
those stocks are moving "as expected",,,not haphazard like the indices

358
some shuffling is defintiely going on, because stocks like INTC JNPR UNG etc are not so erratic as the tza russle and spx

332
ung long at 661 now, may break to new HOD

326
in tza 2955 more

310
intc may try for 1860, that is ok, last 1846

307
individ stocks r much more reliable in this crazy whipsaw RUT russel

307
shorting more INTC here at R for swing, at 1846

235
this is crazy wild up down,,setting a limit order to sell 50% tza at 3040 if able, for 2% roi vs 1% roi on last 25%

212
3020 next tza trgt micro,,, hurdle of that should bring higher trgts

207
60min mini ES bear HS

203
taking 25% shares profits tzaa 3005 here for 1% roi, prior hi,,,holding rest for much higher


133
tza 2977

126
sds stopped out, took profit,,will look for long or short entries later, none yet

116
stop .91 for sds to protect profit

1256
es minor break lower in the bear flag but not confirmed yet

1254
still bear flag now, and 1113ish holding R

1253
if bear flags gets bullish or neutral,,,will exit the shorts

1253
ES 3min bear flag...impt to see if it stays bearish or not

1248
ES 1113ish still holding as R,,,waiting for any long scalps, still new swings short

1236
es testing that 1112.50 newly formed R here,,,watching to see if it holds,,,,1112.50 was the "sell program trgt" achieved

1230
if es 1113 holds as r,,expecting 1108 next

1225
taking 25% profits es 1111 from 1118, for 9.5 points today

1224
es 1108 next

1223
see 111250 didnt hold :)

1222
 risk for longs...the 1112.50 may not hold...3rd drive to low

1217
expectin 1112.50 bounce to maybe 1114/17 then break under the 1112

1210
if we had small 60min es candles i'd take profit here, but larger candle suggests possible break lower

1209
es 1112.50 trgt still, but 1113.75 support so watching

1209
normally i would take 25% off here,,but waiting to clock brofits

1208
SDS now testing HOD,,,expecting it to break it ,,,spy LOD

1201
autotrader taking 25% position on spxu sds, short ES at 1116, with  limit orders to short more at es 1118

1148
es broke 1116 b4 1146am,,,now watching to see if newly formed micro R holds

1143
1112.50 trgt for sell progr if triggered

1143
time trgt and sell prog sign are 2 seperate indicators unrelated

1142
sell progr signal es at 1115.50,,also near the 1146am time target coiincidence

1132
under


1117.75 suggests under 1116

with 14 min, before 11:46 AMish
 
 
11321
111775 just held, thus far,,,

1128
bounce


under 11175 here would be

weak, over that bullish, under

11175 suggests lower break of 1116
 
 
1126
es support still 1116.25,,,looks to break lower tho, newly est 3min support usually weakrer

1122
111775 es short could work here

1115
charts suggest some sideways here then eventual break under 1116

1114
1116 ES is both 3min utl support and horiz support,,,

1111
taking profit on 25% shares at 1116

1110
1115.80 ES trgt then lil bounce,,,see what happens if that holds or breaks lower

1101
sds is breaking over its steep dtl on 10 min,,,

1055
1115.60 es trgt

1042
1115 ES trendline support

1030
UNG just hit 663 near the 665 target,,, next trgt 679 720 after poss pullback

1012
shroting again 1117,, same trgt as b4 1114 first then 1112

953
with more ES support at 1112

952
Gap theory suggests we look to see if ES breaks under 1114 or over 1117 for direction rest of day

932
INTC short also gapped up so thats red,,,short swing still valid for now so holding

931
UNG long swing has gapped higher right at (not over) prior hi 660

927
ES hit the 1116 trendline just under 1117 hi,,,still observing

912
if we exclude candle tails then ES UTL resis at 1016,,,watching that area for reaction up or down

910
i'm removing open unfilled order to add mor oil shorts at SCO 1407,,,will reeval later, last sco 14.17

858 AM
Good morning.

* 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".