Monday ramblings

337
SPY volume is close to lowest daily volume of 2010, may end the lowest vol day

334
spx daily macd bear double topping, 60min spx macd bear diverg

325
xlf hit the 14.88 target,,,will watch in coming days reaction to it,, low risk short at prior signif hi

320
GOLD and TLT are both slightly up today

318
faz lim buy 1250 filled, hit 1248,,swing for 3-30 days

254
shorting spx here 1140,,,for swing, shorting DOW 10750

237
daily spx since oct has bear HS... HS may not collapse but we surely cant say we r in uptrend with a HS pattern

230
if comp can get over 2353 it would be bullish short term, last 2346

229
qqqqq making bearish diverg on 15min, even if it manages a higher hi price

219
15min stoch on faz waking up,,,suggests some small up move,,,or that any down move likely limited,, no major faz up blast off eithe in next hourr, given 60min chart

210
*it does not seem likely that... these highs r sustainable in coming days, given the very low volume

149
faz trgt 1280/1284 and 1296,, makes sense to sell some at 1280 scalp and then hold more for 1296 second scalp trgt

114
xlf now testing its 3min UTL support line,, marginal break lower but not "real" break, yet

109
xlf may want to test 1488, still see lower xlf coming hours days

1257
there's


the bounce mentioned 12:30pm,

now looking for lower under 1130 ES
 
1253
autotrader buy #2 tza limit 2812 was filled, last 2804

1251
hmm vix 60min bullish now, bearish for spx

1231
another mild ES sell program alert, for lower than 11131,, bounce then under 1130

1222
for xlf/faz: on the 60min chart, notice how all recent small range candles were reversal candles not continuation,, thus these small range candles suggest up in faz, down in xlf if this rel continues

1219
auto progrm tader went long tza 2827 (25% size) with limit buy 2812 another 25% for half size

1157
here's ES pulling back mildly from the mild sell alert from 11:42am

1143
*1132.75

1142
1132 ES mild sell progr alert,,,see if it triggeres or not

1057
buying FAZ here at support 12.75

1041
notice that bonds are UP,,, the TLT,,, not by much, but up 0.26% despite the spx up 0.9%.... smart money is not yet exiting bonds nor r they buying spx

1038
also the tza rsi

1037
look at tza 60min macd...its going to form a higher low macd with lower low prices,,,suggesting higher tza tho its not done forming,

1030
in fact the xlf hit it 60min downtrend resist line and forming a shoot star there now

1028
xlf no new daily high, inside day so far

1026
this is a nice pop up in spx but there are some powerful bear divergence on 60min forming, not baked yet,, and xlf is lagging, suggests down

1026
still looking for "add more oil shorts swing,,via sco long",,, no entry yet, maybe in 1-8 hours

1017
xlf falling here,,,it usually leads spx,,,spx should pullbak, ES 1130 last

1013
adding tza #2 of 4 poss here 2840, avg 2880

959
tza is backtesting broken DTL on 60min,,,see if backtest support holds,,,


958
taking tza 2932 here, starter size, buyback of tza sold at .65

936
DVN swing short looking v weak at open here, good for shorts

930
there is mild algo resist at 1125es

927
es < 1127 is intraday bearish, over that may turn bull

918 AM
I still have some "early entry" swing shorts, tho technically the ES 60minute uptrend from 8/31 and 9/8 has NOT yet been broken, the ES continues to bounce off its support line. Charts suggest an imminent break lower though, justifying initial short swing entries.

913 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".