tuesday ramblings (and Mon nite futures)

450
ES 10 min chart, bear dbl top M

447
tza at 2999,,,,still trying thaqt 3040 AH after 3020ish

435
i see 1040 spx,,then a smaller range 40 points not 80,,then mr. market decides up or down

430
the


dojis are more reliable after an

uptrend been up awhile,,,this

one could be "worse" downside,,,comparer 7/14 doji and following down vs 8/6 doji (further into uptrend) and more downside than july


421
japanese psych says when a day closes lower than a prior doji low,,,panic may ensue, so we look for the close

405
these 2 daily es candles r bearish: spin top n doji,, to confirm candles, need to look for a daily close below 1105 to prob mark the end of the rally, in coming days

359
had to take other shares of UNG scalp off at 660 vs 645 cost for 2.3% roi,,, ung scalps outperformed tza today

359
cuz if 1116 es cracks, could get the 1110 by 415pm

358
tza maybe


3042 AH idk
 
353
2990 tza taking 25% off here at R,,,,still have 25% lefrt

349
the macd dbl bottom followed by higher low pattern mentioned b4...is very reliable pattern


345
tza hit


the.73 trgt,,,25% taken off,,,still

have half
 
 
342
limit selling the tza 3000--3020 if able,, after the .73ish trgt

341
if so, might have some wild rides in coming days :)

340
60min ES has a possible broadening formation developing inside its 60min upchannel

331
still have half of ung scalp from 645, last 661,,and ung swing from 622, last ung 662

329
dbl bot and higher low on macd line not hist 3min tza

329
3min macd tza says up, so holding this lil scalp thingie a lil longer

317
better take lil tza scalp profit at .63 from .47,, locking some profits anyway

310
tza macd vs price 60min has nice bull idverg but its still baking, not done yet for larger move

306
theres the stoch cross #2 bearish es,,,watching to see if it does anything

300
for now 2973 trgt will try for in tza, maybe more or less

257
tza 2947 scalp

256
 3min es stoch also about to dbl top

250
3min es stoch crossover bearish,,,just to observe, not tradeable on its own

245
inability to hurdle 1119 should cause a drop to 1110ish as nervousness sets in on "not testing HOD" or " no new HOD".... neutral rite now

241
ES now testing that 1119 pivot....over this could get bullish,,under it,bear intraday

228
not today but a daily close under 480 should give it,,, or multiple 60min closes,, rectangle target, then 465 goog,,, g

223
a 60min close < 1853 should end the intc move up

219
QCOM short swing now red 0.6% but still valid short setup,,,intc red 2.5% loss roi atm,,,still like intc short swing,, need to allow swings to go red a lil b4 their targets r hit

217
ung just hit scalp trgt #2 at 660,,,took 25% more off 659 for 2.18% profit ,, still have half of scalp and all of swing ung

215
the es appears to have formed that 3rd utl on 3min when it hit the 1116 and bounced,,,a break under 1116 with a 10 min close under should trigger the lower targets, if it breaks

212
ES sell prog alert, mild one at es 1117

207
ah the tza has formed a 3min bull pennant, small one,,,trying to decide up or down, up favored for now

204
filled..hit 656

203
taking 10 cents scalp here in ung 655 vs 645,,,on 25% of shares, for 1.5% roi

201
simplified view: ES under the 20MA for the 3min, bearish while under it

158
659 scalp trgt ung from 645,,,,still holding swing from 622, that would give 2% scalp roi profit if hit today

152
3min ES has a 3x bull diverg on stoch but not looking strtong enuf to do lots of upside, atm

149
yea...tho a close < 1116 on 15min would be confirming bearish

147
taking 40 cents profit on 25% of tza shares from higher price (self trade not auto trade from 2923)

142
ES <1119 bearish intrady for lower trgts,,,over 1119 the lil dbl bot stoch could push higher

140
LOL figures... ES closed 15min rite on 1118 and a hammer type thing just to confuse us

123
tza 60min macd hist near to crossing > 0

121
still watching for 15min es close under 1118, that would be bearish intraday

116
ES 1118 is algo support, 13 min timeframe, watching for break of it

1254
if ES gets a 15min close under 1118,,,would suggest HOD could be in, or at least retest lows, not likely to get on this candle on first try

1249
ok the ES has broken steep trendlines #1 and #2 on 3min charts,,,likely form a third final UTL as it bounces 1115-18,, if/when that third trendline breaks then it should end the 3min uptrend and form a new 3min downtrend

1241
program trader doubled size tza,,,same price, just more shares,,,50% size now

1239
1115--1118 es support

1237
ES looks ready to crak the steep 3min utl now, 1120.75 last,, but since its steep it will likely bounce, not go down hard on first crack. to try to form a less steep one

1234
UNG here 645 looks like decent re-entry,,,but i'm still holding from 623 so no reentry,,,shoudve sold on gap up this morn

1232
112050 is ES steep 3min treendline support

1220
prgram trader just entered tza 2923,,,a better price than the 2955 that i entered at LOL,,buy 1 of poss 4 in tza auto program

1144
looking for es to test 1117, or 3min steep trendline, then watch for break or hold, last 1120

1134
QCOM now up since shorting, but still like short, looking to add more later

1123
still see the 1108 ES trgt today,, ES hit resist, now time to test support

1119
 not sure we trend today, given bear divergence, could doji or shoot star

1118
theres another trendline with higher R that doesn't "cut thru" prices, ES

1116
ES is now at a 60min resistance trendline #1 (exlduding wicks), at 1120.75, trendline's a lil tricky due to wicks

1056
in tza here 29.58

1049
i just got a "resistance alert" signal, es 1118, shorting ES 1118

1043
as expected, QCOM is not participating in this little qqqq rally here,,,good for qcom shorts, still looking to add more qcom later

1015
among other chart signals, qcom yest had a bear shoot star, and opened today under yest close,,,signal to short, also declining macd  daily hist, 60min bear diverg price vs rsi/stoch/macd

1011
shorting qcom 4082 to start, stop 4163 for now

958
limit short qcom 4097 if able, last 4075, starter position short #1 of 4 possible entries

953
qcom still bullish daily but weakening, for early starter short entry, soon not yet

946
hmm XOM is getting ready to short "again"...no entry yet tho, maybe in a few hours,, also DELL QCOM on radar for short opps

930
UNG is up again today gap up at 669, to 679, 720 trgt,,, hit the 643 and 665 trgts already

Tues 915 AM
Yesterday I mentioned that ES would likely move lower to test its lower 60min UTL support line, now at 1108, and horiz support at 1111. Last ES 1114. Pattern suggests ability to move to 1095/92 also, but will watch reaction at support 1111/08. Support remains support until broken.

Mon 622pm
marginal ES break on 3min trendline,,,still well over its 60min UTL supp 1105ish,, still see a test of at least the 60m support line rising

* 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".