Thurs ramblings

426 pm
also plan is to stay short silver for a bit, not long, then cover shorts to reverse long, think silver has another pop up left in it after a pullback

359
goog down nicely :)

356
i'll take a quick 1% profit on 25% of the newly acquired tza here into the close

351
ES made its high at 9AM pre market but never tested it intraday 930--400pm,, we've seen this happen before too on both highs and lows

349
a tza close over 3327 in coming days would suggest that the 41.00 target will be hit after some stalls

347
i r4eally like tza action today, twm,,,the higher hi,, among other chart patterns suggesting it may have hit a short term low for now, today

323
very low vol day today,,,no prob swing shorting into this at these R levels, to me

317
taking a little tza and twm here 32.20 tza 2014 twm, will buy


more at lower trgt



309
i'll take TWM 1983 if able

258
swing targts are 4100 and 4500 in tza,,,in weeks not

hours,,, when spx hits 1040 and 1010 tza

should land around there,,,,more precise trgts later
 
247
ok i'm out of this QLD,,,5 cent loss, not worth it, not something i want overnight

238
limit sell the qld 5930 and then look for poss reentry later

224
looking for a long scalp in PEP too but no entry yet,,, still swing short of course

148
TYH 2807 scalp only

138
RUT support at 632 held this test,,, 628.50 next support under it

134
goog at 477.40 from 480.30

130
twm trgt 2050 here intraday last 2024

126
wow,,,i am starting to get a confirmed "buy tza" signal swing,,,didnt think it would come today,,uncofirmed but getting closer

117
spx is at 15min support trendline here,,,,watching for small bounce then break lower

115
xlf filled its gap,,,now watching to see if it goes lower to try for yest close ,,,,should stall here at gap support first

112
faz up at 1398 from 1350 entry, taking 25% more faz off here now,,,keeping last 25% of scalp,,,3.5% scalp profits locked in the faz

111
this is bearish...no stall in xlf,,,,,still has a lil time to stabilize xlf,,,watching

109
goog bearish while under 47940

104
took profits in skf scalp at R 2026, will look to reenter for scalps

101
xlf should stall here,,,if not v bearkish,, no long xlf but should stall

1258
skf just hit the 2022 target,, and faz hit 1375

1252
will try to buy back the faz skf sold here 2014 skf,,,1367 faz, later,,,still have 50% of shares

1247
ah..nice spot to take 17 cents parital profits here in faz,,,finally, scalp, 1.25% profit on this sluggish day, still holding others for higher trgt

1242
ahh MCD has fallen today and gapped down,,,not good for dow,,, mentioned yest mcd was


weak,,,KO is next
 
 
1238
in xlf puts here at 30 cents

1234
2020 skf trgt intraday scalp, faz 1374

1222
es 3min coil vs skf cup/handle or xlf rectangle

1221
skf testing its HOD,,,, xlf at 1459 vs 1455 low

1209
interesting divergence,,,the skf short xlf is running a lil ahead of the xlf,,, nothing major, these descrep arise in these 2x 3x intruments, but interesting to note

1201
watching 1455 in xlf...key support, last 1458

1150
60min xlf remains bearish for swings

1126
watching KO for poss dbl top 5825, or if it will break higher

1102
1099 ES is impt intraday support,,,watching for it to break after holding n bouncing a few timnes

1058
tza and faz seem better than sds spxu

1055
for swings, notice vix has made a higher low daily, vs spy higher hi, for last 3-4 days,, suggests lower spx

1045
es hit 1102.25,,,,watching if new weak R holds 1102

1044
1102 short es could work,,touch of 3min trendline R for sccalp

1042
i dont think i'll get a "real" swing short setup signal today ,,,only "early entry" signals...but i'm in early at resistance levels ahead of the confirmations

1034
program autotrader is making an early entry in short xlf here via faz at 1350,,, will add more later as the entry is early, to hold day or swing combo

1030
goog short trgt first 473.27 (real trgt 463, 448, 441),, last 479, shorted at 480.30

1018
3min bear HS forming ES

1014
i'll buy more faz limit 1344 if filled, last 1351

1012
xlf sell program signal here at 1458 xlf,,,es 1102

1009
a bear diverg forming at resistance = good short opp, for me,, which is building in xlf now

1004
watching ung reaction at 644 if it gets there,,,if doesnt break 644 may need to take profits and reenter later,,

953
.notice the weakness in


qqqq 60min chart, rsi


bear diverg, even if


macd goes green over 0

hist,,,,small tower will

form,,further bear diverg
 
951
shorted goog 480.30

941
the "short xlf" was based solely on a touch of the R trendline,, so its early entry, but nonetheless the trendline held on an opening high vol move

936
in SKF here 1993 (short xlf), faz 1350

928
from a multiweek hold perspective,,,,i'm bearish as long as spx is under 1130

922
faz down now 2%,,,, tza red 1%,,,, not bad for a swing,,,still see valid premise short,, it all


depends on timeframe one's

looking at,,,, i'm holding my

50% shorts for now,,,,if charts change to suggest that spx wants 1130 then i'll exit and take loss,,, giving it some settling time here first

850am
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".