Tuesday ramblings (and Mon nite futures)

408
tna xlf


and spy DID get bear candle closes,suggests


more downside to come,


could swing short with stops at 2

places choice 1106/08


spx top OR 1130/32
 
i'm already short tho from last friday
 
401
xlf low of day was 14.17 or one cent under the 14.18 target from 9AM today

400
roi 2.1% on scalp,,, 4.93% faz swing, 5.24% tza swing, 2.9% ung, 12% on xlf options, roi


357
closing faz here 1448 from 1418 to lock 40 cents profit

358
covering 50% here scalps at the 1418 trgt and keep last 25% into the close

355
FINALLY xlf hit 14.18,,,,target achieved,,,lower targets still in play

354
skf just hit the 2093 trgt with the 2090 touch

332
watching xlf 14.18....see if it holds or not into the close,, any close < 1433 xlf is bearish and confirms a bear candle reversal

322
xlf daily stoch at 88 with a 60min only newly entering under 20---not a good combo for xlf bulls,,beairsh from swing perspect

310
1086 trgt on a 1090 break lwoer es,, simple horiz support, no algorithims per dutch request :)

308
taking 25% shares more off faz scalp 1.5% profit here,,holding swings (swing at 4.2% profit vs 1.5% scalp)

257
MM "testing" now to see reaction...big boys stepped aside for a min it looks like,,, if buyers dont come they will sell

253
those XLF 15min boll bands r tite,,,looking to break lower still

244
if xlf breaks 1417, watch out below,,, 1418 trgt still same

241
qqqq got the 10min candle close bearish under 4577,,watching to see if hits 4556 trgt


240
*filled at


1% profit
 
239
nonetheless still taking 25% shares off here to lock about .75% scalp profit

234
1 10 min close un 4577 would be bad for qqqq intraday

232
at this moment on daily chart,,,xlf has a confirmed bear eve star reversal pattern down, if it closes here will be confirmed

224
xlf 3 min: bear flag,,,now backtesing up on the broken flag,,to be followed by down

222
SCO took a drop from 1558 to 1480, last 1493,,,but i have not re-bought the 25% of shares sold earlier 1550ish,, oil is wild

153
ES testing impt 1095 R here now

145
qqqq has algo Resist 4581 and other R at 4585...,over that could turn up,,but below those 2 R its bearish intraday for me,, the algorithimic resist puts an extra barrier of R there

132
qqqq bear desc triangle, 10min chart

110
1407 trgt for xlf, then 1395,,, skf trgts 2093   2126    2148

1258
might cover a piece of xlf 1418 under the 1420 low,,depends on reactions down there

1251
xlf is in a very precarious place now ,,,pushing down against support,, i remain short the xlf for now,,in faz skf too

12435
prog trader shorted the qqqq 4585 to hold short all day maybe swing,, 82% wins on the prog trader

1233
ES just broke its mini UTL support on 3min, bearish

1229
i'll double the xlf short if able at 1430 limit

1227
VIX is waking up here on 3min,,suggests lower spx

1220
xlf 1429=faz 1418

1213
a 5min close under 1095.50 will give es a bear engulf on 5min

1151
i will short


xlf 1428 if filled
 
 
1134
XLF just had an intraday gap down,,,if its real then its v bearish intraday to get this, tho it is close to lumnch

1119
or short 1094 here es could work

1117
ES 109450 short could work well if filled

1115
xlf in possible v much trouble here,,,watching,,,should hold 1422 thenb bounce thenb break lower,, if no hold on this test,,,then bad bear

1106
STAGE 2 here in xlf sell program from 15 min ago... stage 3 should break the low if it comes

1055
this is stage one xlf selling here on that sell progr signal

1050
XLF sell program signal just triggered, mild to start

1049
es under


1096 intraday would be bearish
 
1044
i have a sell/buy program signal that suggests action in the next 3min should determin next 15-60min action,,, so watching to see if we go up or down rite here,,, i think it will be down, but watching to see

1036
i wont get a "long scalp day to hold for over 15 minutes" until at least after 1045 1100AM, if it comes at all

1027
i see higher in SCO but its a multi-day resis here so taking 25% off to lock a 3% profit since buying friday

1024
charts suggest the 1422 xlf will break lower after lil stall bounce up

1023
look for es skf and xlf stall at xlf 1422 last 1423

1019
v interesting,,, SCO oil short and UNG nat gas long both moving together

1013
es is getting a bull diverg 15min but its weak,,,i believe more down needed to get a better diverg b4 any signif bouncue

1008
if SPY closes under 109.90 then we have a confirmed bear hammer / artistic eve star pattern confirmation mentinoed friday

1005
vix 2400 stall likely, however i'm also getting a "almost go swing long vix"

1003
ES should stall around 1091 here, small bounce is ok ,,still bearish

1002
TBT will prob get a nice new "enter swing" entry today too but i'm not buying any now,,,too many other open positions

1000
 tza roi 3.6% vs faz 3.2%

1000
my real trgt skf is 26.12 from20.23 cost

957
2083 skf target, last 2056 green 1.7% roi atm

954
i have both a "hold short all day" and "hold new swing shorts" setups

942
correction: i have XLF puts not skf


LOL
 
935
still like the oct 14 puts for skf (lil over breakeven atm)

934
selling 25% of skf there to lock small 1.3% profit makes sense, and  2% profits via faz, tho larger targets above

933
SKF is now testing the friday high,,, (bear xlf)

928
hmm i still have a "hold new swing shorts" setup from shorts entered Friday, unless it changes to "cover shorts" today

910
UNG is down, buying back shares sold at 657 (from 627 cost) here at 632

902 AM
On Friday I mentioned to look for a possible bear eve star type pattern to form today, with a gap down. Thus far SPX ES is acting as expected, it looks like SPX will gap down (6 points now), and watching to see where it closes at 4pm.


* 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".