Sunday, October 31, 2010
* 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".
Friday, October 29, 2010
* 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".
friday ramblings (and Thurs eve / Friday pre-market ES Futures)
420
intc did a classic "overshoot fib, then fall bak under it",,, a sell signal using some methodologies,, 20.47 was the 62% fib,,, INTC overshot to 20.56 and closed under it today!
407
INTC,,,it should really fall hard,,this is low vol rise into the 20.00 area,,,and intc fell hard there recently on hi vol,,,, i expect under 17 intc
405
WOW....the intc,,, 8 million
shares sold RED 20.07,,,the wick
is real,,,,
8 million,,tho not sure if its 3.9 million or 7.8/8.0M
401
WOW intc,,,nice weakness into close,,,still short swing there
359
shorted JPM .65 here for swing,,
358
.73 jpm lim short if able
352
looks like i missed a fill in jpm,,,wont short unless can get .75ish,,,,wont chase, already short finan via WFC,,,will wait till next week for JPM if no good entry today, tho even .65 looks good, will pass for now,, if i
werent short wfc i might take
25% size jpm here
350
INTC just hit that .35 trgt,, last .34,,,, all targets were hit today on csco intc
341
if i cant get 3783 jpm then i'll short at close
339
shorting JPM limit 3783 if filled for swing,, 25% size starter position
328
limit order: short WFC 2638 good for day only,,,prob will not get filled, last 2600
325
thats a large distrib on intc on low vol day
325
1 million shares of INTC,,,were sold,,, red,,, 20.46
320
i'm writing on whiteboard now "ES short 1179 looks good swing",,,but no entry,,, will see on monday,, i will short swing at higher level today maybe but waiting 1179
314
INTC looks like v nice swing short still
305
ok close enough, and trgt was hit,,, covering half of csco here .86 and will reshort bounces
259
csco just hit the .86 trgt from 10AM
256
i very much doubt csco will run thru .75/70 without some bounce,,,watching if it gets there
254
csco now just 5 cents from .86 trgt,,,still trying for lowr .78 if able tho to cover half
247
the 3min bear HS intc has a .35 trgt if it triggers
244
poss bull asc triangle 15min intc but inside a daily bear rising wedge, so,,,,
244
hmm,,unlreliable pattrn but 3min INTC has complex bear HeadShoulder
242
to me,,, an aapl close under 300,,,bearish for the qqqq,,tho qqqq been doing ok without appl, not likely if under 300
231
TIME
analysis worked,,, its 231pm,,,and
csco hits the .93 target
226
2293 csco trgt by 237 pm
225
that often means more downside b4 bounce
224
increasing down vol in csco here but without large block orders,,
210
if it hits .78 and fills the cover,,i'll reshort the bounce today or mon tues,,, will only cover half at .78 and keep half ,,in case of no bounce/feeble bounce a la BAC style
208
still waiting on csco .78 limit order trgt,,tho theres support at .86 also,,,will see what it does next 2 hrs
205
csco just will not move up :)
201
50k shares csco red 2302
151
spy 118.90,,poss swing short entry, last 118.60,,, will watch reaction there if it gets there,,, will likely use SPY not sds or spxu,,, spy higher vol and no leverage decay,,,just buy 3x dollar amt to mimic 3x etfs
145
csco likely pop up a few cents here then lower, last 2302
141
spx also has one but in 15min chart
140
the aapl bear desc triangle mentioned yest continues to deteriorate
1229
intc and wfc are same as b4,,lil weaker
1229
csc0 next 2592 support,,,it is just dribbling lower ,,dont see plunge here,,,but nonetheless down is nice for short
1224
csco had quik spike to 2207 with quik rejection bak to 2300, shoot star 1min
1211
intc has pulled of its highs 2056 to .40 ,,,watching to see if puts in lower hi or not
1210
csco just did the mini bnc to 2303, a cent from 2304 trgt,,not sure if done or not,,2311 could happn and still be bearish
1141
csco
should bounce to 2304,,2299 last
1137
same
action mentioned yesterday,, market maker trick fwiw
1135
often when a large red block is printed,,prices will pop higher but then reverse back lower,,, red block means institut sold but forced the Market Maker long,,,so MM pushes up price to scalp his profit, then trend resumes in direction of the block sale (down),,, opposite for green blocks
1134
there's that MM action again,,, large block red sale 2305 followed by spike to 2312 followed by down,,,
1119
350,000 shares csco red 23.04
1108
one push down on the spx should send csco down to its target,,,its sitting on the low of day rite now
1051
csco rect approx 30 cent range, so 30 cent trgt 2300 down on 2300 break gives 2270 trgt,,,rite near the 22.78 prior low support trgt,, interesting how tech analysis confirms itself (range measurement confirming test of prior low on break of range)
1049
CSCO reports at strange dates,,, Nov 10 next earn
1047
if csco breaks 2303 then 2288 should get the .78 limit fill, testing 2303 again now
1045
WFC should get a nice move whenever it breaks the 15min range,,tite boll bands,,,bias is down atm, still short,, tite consolod ranges r often v good entry points cuz when they break usually moves nicely
1033
limit cover half of csco swing at 23.78, last 2311
1028
aapl poss roadmap: 304 to 306 then down then 309,,, the 309 area may present swing short opps,,poss long scalps b4 then but i am not taking any now
1020
intc still in the bear rising wedge daily, not broken down,,yet
1019
intc is rallying with spx,,, csco is not, wfc locked in range
1005
bounce normal as the trgt is hit, stil see lower csco
1001
csco testing 2306/2303 area,,,if 2303 breaks then same trgt as yest, 2278/73,
csco wfc intc shorts doing well
939
CSCO red sales 272000 shares 23.12, bearish for csco, good for shorts
939
WFC red sale 243,600 shares at 25.79,, bearish for wfc, good for shorts
7:23 am friday
ES down 5 points,
8:30 gdp report,
9:45 chicago pmi.
9:55 mich sentiment
* 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".
intc did a classic "overshoot fib, then fall bak under it",,, a sell signal using some methodologies,, 20.47 was the 62% fib,,, INTC overshot to 20.56 and closed under it today!
407
INTC,,,it should really fall hard,,this is low vol rise into the 20.00 area,,,and intc fell hard there recently on hi vol,,,, i expect under 17 intc
405
WOW....the intc,,, 8 million
shares sold RED 20.07,,,the wick
is real,,,,
8 million,,tho not sure if its 3.9 million or 7.8/8.0M
401
WOW intc,,,nice weakness into close,,,still short swing there
359
shorted JPM .65 here for swing,,
358
.73 jpm lim short if able
352
looks like i missed a fill in jpm,,,wont short unless can get .75ish,,,,wont chase, already short finan via WFC,,,will wait till next week for JPM if no good entry today, tho even .65 looks good, will pass for now,, if i
werent short wfc i might take
25% size jpm here
350
INTC just hit that .35 trgt,, last .34,,,, all targets were hit today on csco intc
341
if i cant get 3783 jpm then i'll short at close
339
shorting JPM limit 3783 if filled for swing,, 25% size starter position
328
limit order: short WFC 2638 good for day only,,,prob will not get filled, last 2600
325
thats a large distrib on intc on low vol day
325
1 million shares of INTC,,,were sold,,, red,,, 20.46
320
i'm writing on whiteboard now "ES short 1179 looks good swing",,,but no entry,,, will see on monday,, i will short swing at higher level today maybe but waiting 1179
314
INTC looks like v nice swing short still
305
ok close enough, and trgt was hit,,, covering half of csco here .86 and will reshort bounces
259
csco just hit the .86 trgt from 10AM
256
i very much doubt csco will run thru .75/70 without some bounce,,,watching if it gets there
254
csco now just 5 cents from .86 trgt,,,still trying for lowr .78 if able tho to cover half
247
the 3min bear HS intc has a .35 trgt if it triggers
244
poss bull asc triangle 15min intc but inside a daily bear rising wedge, so,,,,
244
hmm,,unlreliable pattrn but 3min INTC has complex bear HeadShoulder
242
to me,,, an aapl close under 300,,,bearish for the qqqq,,tho qqqq been doing ok without appl, not likely if under 300
231
TIME
analysis worked,,, its 231pm,,,and
csco hits the .93 target
226
2293 csco trgt by 237 pm
225
that often means more downside b4 bounce
224
increasing down vol in csco here but without large block orders,,
210
if it hits .78 and fills the cover,,i'll reshort the bounce today or mon tues,,, will only cover half at .78 and keep half ,,in case of no bounce/feeble bounce a la BAC style
208
still waiting on csco .78 limit order trgt,,tho theres support at .86 also,,,will see what it does next 2 hrs
205
csco just will not move up :)
201
50k shares csco red 2302
151
spy 118.90,,poss swing short entry, last 118.60,,, will watch reaction there if it gets there,,, will likely use SPY not sds or spxu,,, spy higher vol and no leverage decay,,,just buy 3x dollar amt to mimic 3x etfs
145
csco likely pop up a few cents here then lower, last 2302
141
spx also has one but in 15min chart
140
the aapl bear desc triangle mentioned yest continues to deteriorate
1229
intc and wfc are same as b4,,lil weaker
1229
csc0 next 2592 support,,,it is just dribbling lower ,,dont see plunge here,,,but nonetheless down is nice for short
1224
csco had quik spike to 2207 with quik rejection bak to 2300, shoot star 1min
1211
intc has pulled of its highs 2056 to .40 ,,,watching to see if puts in lower hi or not
1210
csco just did the mini bnc to 2303, a cent from 2304 trgt,,not sure if done or not,,2311 could happn and still be bearish
1141
csco
should bounce to 2304,,2299 last
1137
same
action mentioned yesterday,, market maker trick fwiw
1135
often when a large red block is printed,,prices will pop higher but then reverse back lower,,, red block means institut sold but forced the Market Maker long,,,so MM pushes up price to scalp his profit, then trend resumes in direction of the block sale (down),,, opposite for green blocks
1134
there's that MM action again,,, large block red sale 2305 followed by spike to 2312 followed by down,,,
1119
350,000 shares csco red 23.04
1108
one push down on the spx should send csco down to its target,,,its sitting on the low of day rite now
1051
csco rect approx 30 cent range, so 30 cent trgt 2300 down on 2300 break gives 2270 trgt,,,rite near the 22.78 prior low support trgt,, interesting how tech analysis confirms itself (range measurement confirming test of prior low on break of range)
1049
CSCO reports at strange dates,,, Nov 10 next earn
1047
if csco breaks 2303 then 2288 should get the .78 limit fill, testing 2303 again now
1045
WFC should get a nice move whenever it breaks the 15min range,,tite boll bands,,,bias is down atm, still short,, tite consolod ranges r often v good entry points cuz when they break usually moves nicely
1033
limit cover half of csco swing at 23.78, last 2311
1028
aapl poss roadmap: 304 to 306 then down then 309,,, the 309 area may present swing short opps,,poss long scalps b4 then but i am not taking any now
1020
intc still in the bear rising wedge daily, not broken down,,yet
1019
intc is rallying with spx,,, csco is not, wfc locked in range
1005
bounce normal as the trgt is hit, stil see lower csco
1001
csco testing 2306/2303 area,,,if 2303 breaks then same trgt as yest, 2278/73,
csco wfc intc shorts doing well
939
CSCO red sales 272000 shares 23.12, bearish for csco, good for shorts
939
WFC red sale 243,600 shares at 25.79,, bearish for wfc, good for shorts
7:23 am friday
ES down 5 points,
8:30 gdp report,
9:45 chicago pmi.
9:55 mich sentiment
* 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".
Thursday, October 28, 2010
Thurs ramblings (and Wedn eve ES futures)
412
intc bear wicks to 2020
410
now the spy also has bull wick 118.90,,,so could see another long leg doji tomorrow or volatility
407
vix atm has daily higher hi n higher low, uptrend
407
VIX was up today, bearish for spx
405
118.38 spy down wick, ah, 1million shares
359
aapl daily bear desc triangle,,needs break 300/299 in coming days
352
intc is also in a bear rising wedge daily
352
for swing,,,intc is likely to fall hard when its done with this lite vol rally in coming days weeks,,,intc sold hard off this area b4
345
limit 2304 or manually
344
removing cover scalp csco .12 will do manually
342
exiting euro scalp, taking 8 cent loss
317
sell alert 76%,,,needs 85% to get moving, at es 1179
300
euro showing a lil weakness here but not confirmed,,needs break support intraday
255
2312 buy cover lim csco for partial shares
249
adding 2230 csco short
233
limit short more csco 23.35 if able,,,same trgt as 10am
149
nervous shorts from csco .20 or .17 could exit here breakeven, i remain short combo scalp/swing
146
euro moving back inside its 60min boll band so maybe close to high of day, but still not confirmed, watching
144
still waiting for poss csco .36 to add short if not will just run with existing shorts,,wont
auto add at .36,,,will eval if it
gets there, last .22
140
es has bear shoot star 15min but needs a 15min close under 1176 to confirm it
128
glad to have taken profit out of dba at 2968, last 2951 and no reentry setup yet, was only small profit,,it gapped up today but had weak first hour so exited,,,expected strength yest when entered
126
wonder
if the 60min es is in wave 2 up,
then w3 down intraday
101
csco got the expected 2min close,,wtaching to see if .10 breaks to .03 then maybe under .03
1253
a 2min close under .14 would confirm the scalp
1251
re-shorting csco here could work .17
1247
wfc looking like it wants lower from 2577
1243
look at 15min es...bull falling wedge,,,but seems more down (for holds over 30min)
1233
euro is higher despite spx down, unusual,,,hmm,,if euro falls with es at support,,,could get nasty for es
1225
fwiw,,,ES has a trendline support at 1170, above the 1167/65 horiz support trgts
1216
csco 3min bear adam/eve pattern
1214
2310 likely brk lower next test
1214
csco 10 cent trgt hit, large scalps could tgake some profit here,,,still see lower 10-50 cents
1207
for csco scalp, i have a csco lim cover set to 22.78 in case we get a fast move down, tho dont expect it to run thru 2305
1203
es now 1 pt from 1174 trgt posted 15min ago,, watching to see if bounces here or not,,maybe only 1175 not 74 but still see lower
1156
daily csco trgts down 2305, 2378 maybe
1153
csco may want 2336 b4 lower
1150
es 1174 trgt then 1170
1144
csco scalp trgts 10-30 cents depending on action,,will monitor
1137
filled ,,on csco .20
1134
its hitting .20 now but no fill yet
1131
lim swing/scalp csco 2320 short if able
1125
VIX sideways w bullish vix bias atm
1111
ES building poss bull inv HS in 60min
1058
poss intc 15min bear HS
1053
csco 60min building bear HeadShoulders
1045
added euo 1899, euo is bearish euro etf
1044
adding EUO here for scalp/swing combo
1040
took profits, stopped out of dba for now,,,look for entry later again
1039
WFC is now back at yesterdays 2561 area,,,looking for lower after poss bnc, still
50% short wfc,,,took half off
yest at .61 lim order
1031
2010 intc lower trgt hit from 9:51 Am, last 2004,,still see lower swing intc
1026
to protect profits, long DBA stop raised to 2968,, tite,,,corn ZC weakening some ,,,will look to mayb reenter later if stopped
1013
csco is weak today,,,i'll look to short bounce if able, maybe 2334ish will chek chart if bounces, last 2318
1006
very strage to see the 3min ES and 3 min DX looking the same not inverse atm, i think the dollar will win and bounce, and spx down
952
intc has STRONG selling vol prev at the 2000-2027 area and this advance on much lighter vol,,it is one reason among many i remain swing short intc
,it is one reason among many i remain swing short intc, swing targets 17.75 and lower later
951
intc had a nice pop higher gap up on open but is now in danger of daily bear dark cloud cover candle if it moves to about 2010
945
if DBA long gets a doji or spin top today then i'll take profits on 75% of shares,,,its in a bear rising wedge, if it converts the wedge to an upchannel then i'll stay in or take only 25% profits
936
short csco now below yest close
934
may take profit on half of dba today, waiting for now, dba is agriculture etf
933
new added swing dba yest gap up nice,, intc up to so short now red, still holding swing shorts intc csco euro wfc
916
gm
* 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".
intc bear wicks to 2020
410
now the spy also has bull wick 118.90,,,so could see another long leg doji tomorrow or volatility
407
vix atm has daily higher hi n higher low, uptrend
407
VIX was up today, bearish for spx
405
118.38 spy down wick, ah, 1million shares
359
aapl daily bear desc triangle,,needs break 300/299 in coming days
352
intc is also in a bear rising wedge daily
352
for swing,,,intc is likely to fall hard when its done with this lite vol rally in coming days weeks,,,intc sold hard off this area b4
345
limit 2304 or manually
344
removing cover scalp csco .12 will do manually
342
exiting euro scalp, taking 8 cent loss
317
sell alert 76%,,,needs 85% to get moving, at es 1179
300
euro showing a lil weakness here but not confirmed,,needs break support intraday
255
2312 buy cover lim csco for partial shares
249
adding 2230 csco short
233
limit short more csco 23.35 if able,,,same trgt as 10am
149
nervous shorts from csco .20 or .17 could exit here breakeven, i remain short combo scalp/swing
146
euro moving back inside its 60min boll band so maybe close to high of day, but still not confirmed, watching
144
still waiting for poss csco .36 to add short if not will just run with existing shorts,,wont
auto add at .36,,,will eval if it
gets there, last .22
140
es has bear shoot star 15min but needs a 15min close under 1176 to confirm it
128
glad to have taken profit out of dba at 2968, last 2951 and no reentry setup yet, was only small profit,,it gapped up today but had weak first hour so exited,,,expected strength yest when entered
126
wonder
if the 60min es is in wave 2 up,
then w3 down intraday
101
csco got the expected 2min close,,wtaching to see if .10 breaks to .03 then maybe under .03
1253
a 2min close under .14 would confirm the scalp
1251
re-shorting csco here could work .17
1247
wfc looking like it wants lower from 2577
1243
look at 15min es...bull falling wedge,,,but seems more down (for holds over 30min)
1233
euro is higher despite spx down, unusual,,,hmm,,if euro falls with es at support,,,could get nasty for es
1225
fwiw,,,ES has a trendline support at 1170, above the 1167/65 horiz support trgts
1216
csco 3min bear adam/eve pattern
1214
2310 likely brk lower next test
1214
csco 10 cent trgt hit, large scalps could tgake some profit here,,,still see lower 10-50 cents
1207
for csco scalp, i have a csco lim cover set to 22.78 in case we get a fast move down, tho dont expect it to run thru 2305
1203
es now 1 pt from 1174 trgt posted 15min ago,, watching to see if bounces here or not,,maybe only 1175 not 74 but still see lower
1156
daily csco trgts down 2305, 2378 maybe
1153
csco may want 2336 b4 lower
1150
es 1174 trgt then 1170
1144
csco scalp trgts 10-30 cents depending on action,,will monitor
1137
filled ,,on csco .20
1134
its hitting .20 now but no fill yet
1131
lim swing/scalp csco 2320 short if able
1125
VIX sideways w bullish vix bias atm
1111
ES building poss bull inv HS in 60min
1058
poss intc 15min bear HS
1053
csco 60min building bear HeadShoulders
1045
added euo 1899, euo is bearish euro etf
1044
adding EUO here for scalp/swing combo
1040
took profits, stopped out of dba for now,,,look for entry later again
1039
WFC is now back at yesterdays 2561 area,,,looking for lower after poss bnc, still
50% short wfc,,,took half off
yest at .61 lim order
1031
2010 intc lower trgt hit from 9:51 Am, last 2004,,still see lower swing intc
1026
to protect profits, long DBA stop raised to 2968,, tite,,,corn ZC weakening some ,,,will look to mayb reenter later if stopped
1013
csco is weak today,,,i'll look to short bounce if able, maybe 2334ish will chek chart if bounces, last 2318
1006
very strage to see the 3min ES and 3 min DX looking the same not inverse atm, i think the dollar will win and bounce, and spx down
952
intc has STRONG selling vol prev at the 2000-2027 area and this advance on much lighter vol,,it is one reason among many i remain swing short intc
,it is one reason among many i remain swing short intc, swing targets 17.75 and lower later
951
intc had a nice pop higher gap up on open but is now in danger of daily bear dark cloud cover candle if it moves to about 2010
945
if DBA long gets a doji or spin top today then i'll take profits on 75% of shares,,,its in a bear rising wedge, if it converts the wedge to an upchannel then i'll stay in or take only 25% profits
936
short csco now below yest close
934
may take profit on half of dba today, waiting for now, dba is agriculture etf
933
new added swing dba yest gap up nice,, intc up to so short now red, still holding swing shorts intc csco euro wfc
916
gm
* 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".
* 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".
Tuesday, October 26, 2010
* 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".
wednesday ramblings (and tues night futures)
444
conversely corn ZC has inv bull HS, on a gap up since 10/10 on 60min chart
439
gold chart /gc has a bearish head shoulders topping distribution setup in 60min charts since oct 5
438pm
oil will keep shifting around until the 80-84 rectangle breaks, or a coil/triangle inside the rect breaks up or down. the 60min chart of oil CL for last 90 days shows what looks to be bearish distribution to be followed by a move down, but need confirmation of that,,,could still break higher out of this consolodation
414
WFC daily low was 25.60,,, covered half of shares using posted limit order 2562,,, just 2 cents from low of day
405
spy bear wick 117.40 AH, also supports poss gap down theory from earlier today
357
dollar looks like has unfinished biz on upside
348
es 1177.50 looks like good short to hold swing,,multi hours
338
here is csco at 2536 trgt but not adding swing shorts here,,,have enough for now, but entry looks decent,
334
i'm a bit
surprised (tho happy) that wfc has
not rallied more with spx here
since 1pm
315
if we close "like this",,, looks susceptible to another gap down tomorrow, tho it is POMO day
308
adding some DBA here to trade corn agricul etc,,,2956 with 2872 stop for now, swing,, been in the dba multi months now
305
may go long scalp on DBA b4 the close in add to swing,,,looks like it may break yest hi, if so may pop up nice
254
i still see lower es to 1170 trgt and other trg
253
filled, wfc profits locked on half :)
250
.55 trgt in wfc today but will take some off .62 lim if able,,,same lim order from 9AM
249
wfc not participating in lil spx rally,,,its at low of day
248
early entry,,normall would wait to see if 2011 breaks or holds but took the early entry
247
adding more intc swwing shorts here 2009
238
another red sale wfc... 196,000 shares at 25.65
237
still see much lower swing trgts in coming days weeks for wfc tho
236
impatient could take part profits here WFC .68,,,still waiting for .62 limit fill for now
233
a 15min candle close under 1169 es would suggest that es wont see over 1176 rest of day
231
tlt 60min
rocket hammer,,,15min bull
harami/engulf type thing
230
tlt intraday has turned mildly bullish too,,with bull dollar,,,puts pressure in spx
227
anoterh 100k red sale in WFC,,, 2569,,, they keep getting lower,,, 2580,,,2570,,, 2569
219
WFC now only 7 cents from trgt #1 down
214
expected up then down
213
that was up in wfc,,now watching for the down piece today
207
csco 2336 i may add shorts swing
205
100k red wfc 2571 just flew past,,,,up then down in wfc
201
vix over 2150 is bullish vix to me
143
wow dx now just 10 cents from .60 trgt,,,if that .60 breaks higher,,,spx drop,,,should stall first .60 test but watching
141
still see es
another push down,,,lol broken
record
138
6min poss break of .70 wfc
136
csco intc euro all near lows
133
wfc should drop here toward .62 trgt
119
expecting WFC to hit .62 limit cover, bounce, then hit .50
118
atm charts suggest good poss break the .60 today but could change,,,will watch reaction at .60
117
pullbak in dollarat .60,,,then eventual break higher tho mayb not today
116
dx almost at its .60 trgt from 9am,,, last 7845, if dx breaks .60 then watch out below in spx, should stall there tho
111
or,,,stepped aside to cover their shorts lower lol,,,watching
111
MrtMkr testing now,,,to see if buyers show up,,they stepped aside atm
109
still see another push down es
1256
if he recouped at the 2586 then wfc should see the 2562 trgt
1254
institut selling but the MarketMaker is now long, thus over 2580 and under 2580 expected,, the MM must recoup
1254
which suggests chop and volatil poss on the wfc
1252
WFC just printed a single sale of 962,000 shares at red 25.80
1244
ES could see 1167 by 117pm,
1241
es hit 1170 trgt but have the 1169 rev trgt too unhit yet
1239
i'm waiting for stabilizatino then will short treas via TBF 1x swing,,,no entries yet
1234
1169 ES
setup last 117075
1222
failed W thus far
1222
wfc 133t chart shows dbl top bearish from 10/26
1207
last 2577
1207
lim cover half WFC 2562 if able to lock profit
1201
yup,,,vix also has a "one more push up" setup, and 60min bull flag
1149
WFC is rite on support of new 3min coil...watching for break lower or not,, 2561 trgt on break
1146
another sell setup strong enough to break low of day for 1167/65
1146
2 point ES drop setup now at 1172
1142
es may stall here,,,rocket may sputter 1172.50
1128
WFC may have just made a lowr hi on the 15min chart finally,,,watching reaction to support test next
1115
ES still on sell alert,,, past 1112 AM but alert re-leased renew
1108
good for shorts
csco at 2309 from 2400ish,,,intc 1982 from 2000ish
1104
es overshooting the 1167/65 trgt poss
1104
4 point ES quick drop could happen
1103
i still see one more push lower today
1100
from [10:44:09] : could
make lower low by 11:12 AM,, ES made lower low 12 min early
1044
es could make lower low by 11:12 AM
1038
when aapl CLOSES under 299 that should get the qqqq moving down
1033
we could bounce a lil here at this support but charts suggest low not in yet for ES
1028
MM testing support here and have stepped away,,,they watching to see if buyers show up
1026
if dx breaks 7866 then es can break under the 1165 but for now 1167/65 trgt
1024
ES has broken low as expected,,,this only stage 1 sell,,,stage 2 expected for more down
1021
its strong enough to break low of day if triggered
1020
ES sell alert. at 1176
1010
dx looking like will make trgt up
1009
wfc is testing support on its rsi now 15min chart,,,watching reaction,,expect break lower but may chop around first
1006
EUO continues up :) (euro down, dollar up)
INTC remains near 20.00,,,short now a little red there
952
running up es b4 10am reports,,,watching report reaction,, often drops after pre-runup
946
crazy range on WFC,,, huge 60min long leg doji
943
dx remains over 7785, last 7807
942
vix 2150 trgt, over 2170 bullish vix bear spx, last 2132 and rising
934
still swing short csco intc,both green
929
same trgts wfc,,, 2552 and 2533 with lim cover 2537 if able for half of shares
927
finally WFC has moved lower 2572 from 2591 yest close
wedn 817am
BAC holding 11.31 despite ES down 5.75, will eval for partial short cover of WFC short
605pm
dollar /dx bounced, as usual has gaps all over unlike smoother eur/usd
tues 504pm
136.31 is next swing euro short target, eur/usd approx trgt for EUO etf is 19.69/72
* 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".
last 1170
conversely corn ZC has inv bull HS, on a gap up since 10/10 on 60min chart
439
gold chart /gc has a bearish head shoulders topping distribution setup in 60min charts since oct 5
438pm
oil will keep shifting around until the 80-84 rectangle breaks, or a coil/triangle inside the rect breaks up or down. the 60min chart of oil CL for last 90 days shows what looks to be bearish distribution to be followed by a move down, but need confirmation of that,,,could still break higher out of this consolodation
414
WFC daily low was 25.60,,, covered half of shares using posted limit order 2562,,, just 2 cents from low of day
405
spy bear wick 117.40 AH, also supports poss gap down theory from earlier today
357
dollar looks like has unfinished biz on upside
348
es 1177.50 looks like good short to hold swing,,multi hours
338
here is csco at 2536 trgt but not adding swing shorts here,,,have enough for now, but entry looks decent,
334
i'm a bit
surprised (tho happy) that wfc has
not rallied more with spx here
since 1pm
315
if we close "like this",,, looks susceptible to another gap down tomorrow, tho it is POMO day
308
adding some DBA here to trade corn agricul etc,,,2956 with 2872 stop for now, swing,, been in the dba multi months now
305
may go long scalp on DBA b4 the close in add to swing,,,looks like it may break yest hi, if so may pop up nice
254
i still see lower es to 1170 trgt and other trg
253
filled, wfc profits locked on half :)
250
.55 trgt in wfc today but will take some off .62 lim if able,,,same lim order from 9AM
249
wfc not participating in lil spx rally,,,its at low of day
248
early entry,,normall would wait to see if 2011 breaks or holds but took the early entry
247
adding more intc swwing shorts here 2009
238
another red sale wfc... 196,000 shares at 25.65
237
still see much lower swing trgts in coming days weeks for wfc tho
236
impatient could take part profits here WFC .68,,,still waiting for .62 limit fill for now
233
a 15min candle close under 1169 es would suggest that es wont see over 1176 rest of day
231
tlt 60min
rocket hammer,,,15min bull
harami/engulf type thing
230
tlt intraday has turned mildly bullish too,,with bull dollar,,,puts pressure in spx
227
anoterh 100k red sale in WFC,,, 2569,,, they keep getting lower,,, 2580,,,2570,,, 2569
219
WFC now only 7 cents from trgt #1 down
214
expected up then down
213
that was up in wfc,,now watching for the down piece today
207
csco 2336 i may add shorts swing
205
100k red wfc 2571 just flew past,,,,up then down in wfc
201
vix over 2150 is bullish vix to me
143
wow dx now just 10 cents from .60 trgt,,,if that .60 breaks higher,,,spx drop,,,should stall first .60 test but watching
141
still see es
another push down,,,lol broken
record
138
6min poss break of .70 wfc
136
csco intc euro all near lows
133
wfc should drop here toward .62 trgt
119
expecting WFC to hit .62 limit cover, bounce, then hit .50
118
atm charts suggest good poss break the .60 today but could change,,,will watch reaction at .60
117
pullbak in dollarat .60,,,then eventual break higher tho mayb not today
116
dx almost at its .60 trgt from 9am,,, last 7845, if dx breaks .60 then watch out below in spx, should stall there tho
111
or,,,stepped aside to cover their shorts lower lol,,,watching
111
MrtMkr testing now,,,to see if buyers show up,,they stepped aside atm
109
still see another push down es
1256
if he recouped at the 2586 then wfc should see the 2562 trgt
1254
institut selling but the MarketMaker is now long, thus over 2580 and under 2580 expected,, the MM must recoup
1254
which suggests chop and volatil poss on the wfc
1252
WFC just printed a single sale of 962,000 shares at red 25.80
1244
ES could see 1167 by 117pm,
1241
es hit 1170 trgt but have the 1169 rev trgt too unhit yet
1239
i'm waiting for stabilizatino then will short treas via TBF 1x swing,,,no entries yet
1234
1169 ES
setup last 117075
1222
failed W thus far
1222
wfc 133t chart shows dbl top bearish from 10/26
1207
last 2577
1207
lim cover half WFC 2562 if able to lock profit
1201
yup,,,vix also has a "one more push up" setup, and 60min bull flag
1149
WFC is rite on support of new 3min coil...watching for break lower or not,, 2561 trgt on break
1146
another sell setup strong enough to break low of day for 1167/65
1146
2 point ES drop setup now at 1172
1142
es may stall here,,,rocket may sputter 1172.50
1128
WFC may have just made a lowr hi on the 15min chart finally,,,watching reaction to support test next
1115
ES still on sell alert,,, past 1112 AM but alert re-leased renew
1108
good for shorts
csco at 2309 from 2400ish,,,intc 1982 from 2000ish
1104
es overshooting the 1167/65 trgt poss
1104
4 point ES quick drop could happen
1103
i still see one more push lower today
1100
from [10:44:09] : could
make lower low by 11:12 AM,, ES made lower low 12 min early
1044
es could make lower low by 11:12 AM
1038
when aapl CLOSES under 299 that should get the qqqq moving down
1033
we could bounce a lil here at this support but charts suggest low not in yet for ES
1028
MM testing support here and have stepped away,,,they watching to see if buyers show up
1026
if dx breaks 7866 then es can break under the 1165 but for now 1167/65 trgt
1024
ES has broken low as expected,,,this only stage 1 sell,,,stage 2 expected for more down
1021
its strong enough to break low of day if triggered
1020
ES sell alert. at 1176
1010
dx looking like will make trgt up
1009
wfc is testing support on its rsi now 15min chart,,,watching reaction,,expect break lower but may chop around first
1006
EUO continues up :) (euro down, dollar up)
INTC remains near 20.00,,,short now a little red there
952
running up es b4 10am reports,,,watching report reaction,, often drops after pre-runup
946
crazy range on WFC,,, huge 60min long leg doji
943
dx remains over 7785, last 7807
942
vix 2150 trgt, over 2170 bullish vix bear spx, last 2132 and rising
934
still swing short csco intc,both green
929
same trgts wfc,,, 2552 and 2533 with lim cover 2537 if able for half of shares
927
finally WFC has moved lower 2572 from 2591 yest close
wedn 817am
BAC holding 11.31 despite ES down 5.75, will eval for partial short cover of WFC short
605pm
dollar /dx bounced, as usual has gaps all over unlike smoother eur/usd
tues 504pm
136.31 is next swing euro short target, eur/usd approx trgt for EUO etf is 19.69/72
* 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".
last 1170
tuesday ramblings (and Mon nite futures)
419
vix got hist cross over 0 altho the signal line is under 0 atm on daily
413
wfc has smaller to 25.70 at 30k shares
411
afterhours: bearish wicks spy 400k
shares spy 118.50,,,,,,,118.67
has 900k shrs
407
SPY is getting some lower wicks AH,,,one up wick a few lower ones
358
ES made a lower low and lowr high daily today, no up on pomo or lite vol
344
WFC v low vol today
342
i'm keeping shorts in intc wfc csco euro swing
312
i still like wfc swing short tho
308
the last 3 daily dojis on SPY are a possible bear eve star, textbook, as long as todays candle doesnt get much larger on green side
224
csco falling nicely now,,,intc stubborn near HOD
208
EUO = wee ;)
159
about 40 min later, there is the new HIGH of day in dx expected at 1:20p
152
wfc scalp 2565 here looks good to reload any from prev profit taking
135
wfc hit 2549 or one penny over the .48 trgt,,,still see loweer
123
3min dx suggesting higher HOD
121
after .48 bnc expectd
120
2541 trgt wfc then .32 with limit cover scalp .34 if able
118
wfc hit the .57 trgt and testing it now,,,expecting it to break soon
110
wfc got the stage one sell,,,still see stage 2 and the lower trgts
106
roadmap .60 to .64 then .57 .48
103
*to .48 not .53
103
i have a sell alert wfc strong enough to break .57 for .53,,,watching to see if triggers
100pm
dx 3min bull W forming,,, half baked only
1258
if dx breaks 7804 should get 7860 today
1255
2557 WFC impt intraday support: has 2 bull hammers there on 15min,,,looking for it to break today lower tho,, a .57 break would also be a break below its bear coil
1253
/dx 60min bull flag
1250
and WFC is in a 10min bear coil
1249
es 60min stoch still rising so could see chop sideways then down
1248
also es has bear stoch cross which is not in itself a sell signal but another bear indicator
1247
ES 15min
has confirmed its bear candle
close,,,watching for reaction
down now
1243
7865/7900ish should squeeze dollar shorts tho we r not there yet
1234
15min bear harami too but unconfirmed, needs 15min close under prev 15min low
1233
also has unconfirmed bear mat hold on 15min
1233
ES 3min bear Mat hold candle,,,with a pierce under its low... see lower es now
1145
notice WFC on 15min chart,,,if 15min candle closes here it is textbook bear falling 3 methods continue down pattern
1141
WFC continues lower :)
1137
euro 60min still bearish until gets 60min close over 138.92
1126
ES 3min trip top,,,being cautious short,,,if R breaks could pop higher 2-5 points over R
1125
EURO bak at new R 138.60....watching reaction here seeing if holds down
1112
Euro has broken under 138.57, bearish now for 137.00 tho not all today
1109
ES suspetible to cracking 1179 gere
1106
2532 trgt wfc...dont think low of day is in yet at 2548
1058
filled on 2564
1057
2564 add more wfc lim if possible
1052
oct 28 next pomo
1042
actually only buy cover half there,,may want .32,,,will watch reactions
1040
2551 buy cover if able on most wfc scalp, will hold swing longer of course, last 2562
1035
hmm may not be able to fill #2 short wfc scalp,,, 2552ish trgt downside from 2575 entry
1028
will add #2 scalp short entry 2580 lim if able, saving #3 and 4 for higher
1020
FILLED: taking first one here at 2575 wfc short,will mayb add more higher
1018
wfc is not 3x etf so more shares needed for scalps
1017
Entry #1 of poss 4 to add shorts/scalp/swing combo: lim short wfc 2582 last .75
1003
2580 wfc may be area to add shorts,,,will see reaction if it gets there, last 2566,, it should work for scalp there but will look for poss swing addition short there too at .80ish
958
no entries yet, but looking for long hedges in HD NFLX ABCB LMT
still
short csco intc euro wfc
900 AM
ES targets downside today:
same trgt
as yest,,1181 broke
1175/73,,,1167, 1164/60 1155, with R at 1184 and 1181, dont think under 1167 today
* 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".
vix got hist cross over 0 altho the signal line is under 0 atm on daily
413
wfc has smaller to 25.70 at 30k shares
411
afterhours: bearish wicks spy 400k
shares spy 118.50,,,,,,,118.67
has 900k shrs
407
SPY is getting some lower wicks AH,,,one up wick a few lower ones
358
ES made a lower low and lowr high daily today, no up on pomo or lite vol
344
WFC v low vol today
342
i'm keeping shorts in intc wfc csco euro swing
312
i still like wfc swing short tho
308
the last 3 daily dojis on SPY are a possible bear eve star, textbook, as long as todays candle doesnt get much larger on green side
224
csco falling nicely now,,,intc stubborn near HOD
208
EUO = wee ;)
159
about 40 min later, there is the new HIGH of day in dx expected at 1:20p
152
wfc scalp 2565 here looks good to reload any from prev profit taking
135
wfc hit 2549 or one penny over the .48 trgt,,,still see loweer
123
3min dx suggesting higher HOD
121
after .48 bnc expectd
120
2541 trgt wfc then .32 with limit cover scalp .34 if able
118
wfc hit the .57 trgt and testing it now,,,expecting it to break soon
110
wfc got the stage one sell,,,still see stage 2 and the lower trgts
106
roadmap .60 to .64 then .57 .48
103
*to .48 not .53
103
i have a sell alert wfc strong enough to break .57 for .53,,,watching to see if triggers
100pm
dx 3min bull W forming,,, half baked only
1258
if dx breaks 7804 should get 7860 today
1255
2557 WFC impt intraday support: has 2 bull hammers there on 15min,,,looking for it to break today lower tho,, a .57 break would also be a break below its bear coil
1253
/dx 60min bull flag
1250
and WFC is in a 10min bear coil
1249
es 60min stoch still rising so could see chop sideways then down
1248
also es has bear stoch cross which is not in itself a sell signal but another bear indicator
1247
ES 15min
has confirmed its bear candle
close,,,watching for reaction
down now
1243
7865/7900ish should squeeze dollar shorts tho we r not there yet
1234
15min bear harami too but unconfirmed, needs 15min close under prev 15min low
1233
also has unconfirmed bear mat hold on 15min
1233
ES 3min bear Mat hold candle,,,with a pierce under its low... see lower es now
1145
notice WFC on 15min chart,,,if 15min candle closes here it is textbook bear falling 3 methods continue down pattern
1141
WFC continues lower :)
1137
euro 60min still bearish until gets 60min close over 138.92
1126
ES 3min trip top,,,being cautious short,,,if R breaks could pop higher 2-5 points over R
1125
EURO bak at new R 138.60....watching reaction here seeing if holds down
1112
Euro has broken under 138.57, bearish now for 137.00 tho not all today
1109
ES suspetible to cracking 1179 gere
1106
2532 trgt wfc...dont think low of day is in yet at 2548
1058
filled on 2564
1057
2564 add more wfc lim if possible
1052
oct 28 next pomo
1042
actually only buy cover half there,,may want .32,,,will watch reactions
1040
2551 buy cover if able on most wfc scalp, will hold swing longer of course, last 2562
1035
hmm may not be able to fill #2 short wfc scalp,,, 2552ish trgt downside from 2575 entry
1028
will add #2 scalp short entry 2580 lim if able, saving #3 and 4 for higher
1020
FILLED: taking first one here at 2575 wfc short,will mayb add more higher
1018
wfc is not 3x etf so more shares needed for scalps
1017
Entry #1 of poss 4 to add shorts/scalp/swing combo: lim short wfc 2582 last .75
1003
2580 wfc may be area to add shorts,,,will see reaction if it gets there, last 2566,, it should work for scalp there but will look for poss swing addition short there too at .80ish
958
no entries yet, but looking for long hedges in HD NFLX ABCB LMT
still
short csco intc euro wfc
900 AM
ES targets downside today:
same trgt
as yest,,1181 broke
1175/73,,,1167, 1164/60 1155, with R at 1184 and 1181, dont think under 1167 today
* 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".
* 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".
Monday, October 25, 2010
* 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".
Sunday, October 24, 2010
monday ramblings / ES Futures Sunday night
351
ES finally hit 1181 trgt,,did bounce but could break lower
341
hit 1991 and bounced
338
will cover 1991 intc for scalp piece of it
334
adding INTC shorts here 1998
324
i'm staying short swing intc,,,charts dont suggest this holds in coming days weeks,, INTC currently red 0.90%
319
INTC is up on pathetic volume,,,less than fridays volume
255
intc 60min in a bear rising wedge that broek lower and backtested up,,,watching to see if turns down or if it decides to form upchannel to replace wedge,,bias down atm
251
OIL is still in this coil..more chop expected next 6 hours (now thru afterhours futures)
250
looking for stage 2 sell now,intc es
245
1181 ES impt # intraday,,,,watching reaction there if tested
240
EUO 1875--1879 swing could work,,,i'm already in euo
237
yes,,,that was stage one sell from alert 14:34 :)
236
139.83 euro broke,,,under that euro bearish for swing..may add swing short on bounce if able via EUO etf
234
INTC sell alert still valid
228
this is a good spot for WFC partial profits at trgt 2355 here,,tho i think it goes lower,,, 3% roi since entry this morn here,, 2532 trgt next
224
for swing euro
224
euro
setting up for "add more shorts"
but no entry yet,,,waiting for
15min and 60min to click with
daily,,,gettting close
217
wfc just made new LOD :)
213
sell alert just popped up for INTC 1994
154
wfc bak near low of day, 2561 from 2580
125
spxu 2371 here could work too,, wfc 2580 sh
123
i stil have short intraday,,,1186 short could work
119
ES has broken and pierced its 3min DTL as expected,,now watching for reaction,,,bias still down
113
Heikin Ashi candl analysis (diff from trad candles), for 60 min charts: SPY tiring up with down bias but no downtrend yet, INTC / CSCO same as spy, WFC downtrend
107
ES is bak at 3min DTL resis,,,3min suggest may pierce it higher then drop
102pm
WFC swing target is 2075, with interim trgts 2500 2350 2300,,, after 2075 then1500ish multimonth trgt
1250
118475 and 118575 are 3min DTL resist on ES
1245
wfc hit 2558 near the 11:46 trgt of 2256,,,nect trgt is .32 if .55 breaks
1234
since es came so close to 118150 on last try,,it may break it soon instead,,watching
1227
i'd cover 75% of 1188 short from 11:34AM at 1181/82 for 6-7 pints if able,,hold rest swing
1223
from 1209pm trgt, theres the 2 points we expected,,,still see 1181 tho,, got 3.5 points, over the 2pt trgt
1220
ES that is make lowr low to 1181.50, bounce,,,then later 1167/155 trgt
1217
action similar to a mini wave 3 of 3 on the 2nd move down
1216
if my chart interpret is correct,,, ES should make a lower low, then bounce to a lower high, and that lowre high bounce should give a nice swing short,,,with more downside than the previous
1209
just got another sell alert good for 2pts ES,,,and also INTC, at es 1186
1201
WFC v close to bearish engulf daily candle, already has heavy dark cloud cover
1146
seeing if wfc wants next trgt down .56,,, .32
1145
hmm the WFC is now at its trgt from 9am,,,watching reacton here 2578/75 area
1140
newly added WFC short from this morn already green 2% now :)
1138
long spxu is short spx, short es at 1188 es
1134
IN SPXU 2358 here combo scalp swing at es 1188
1125
because spx moving sideways last year,,,the bull spx golden cross "means less" to me, criscross common in sideways
1122
1189/118875 is R2 in 3min
1122
at 1187 R1
1121
ES at steep trendline resis #1 here,,,but R2 on 3min lies higher
1106
sco scalpers from 1240 would take 28 cents here 1268 at resist, swings would hold,,,i didnt enter that one, would give 2% + scalp profit sco in 1 hr
1105
now have a full 100% size swing position intc short, wfc short,,, 50% in csco
1104
INTC is subject to panic selling as it hit $20 again today,,, $20 last time gave big red candle aftrer earnings
1102
1189 ES bounce should find resist if it gets 1189 last 118625
1040
WFC has 2575 trgt lower, bounce, sideways, thn lower, last 2597
1039
118650 horiz sup
1038
algo supp 1187 suggests bounce up then break lower of it
1037
if euro gets a 60min close near here,,bearish for euro intraday for hours
1032
heres the stage one sell ES,,down 2 pts since alert,,,still see stage 2 comoing
1029
sell alert 80% confid,,,needs 85%+ to get moving, last es 1190.50, INTC 1996
1011
oil been tricky to trade lately,,,have had to move in and out fast, with 5%ish profits via sco each time, only been able to hold a few days at a time,,,
1009
csco red, wfc green 1%ish since entry this morn
1007
oil short here looks good via sco 1240 long but i'm waiting for it to settle some,,,may want higher oil,
1000
sell alert on INTC 1997
933 AM
swing shorted WFC 2637
Monday
839 AM
Gold is up from overnight futures and hit its first swing target. I took profits at 131.40 from 129.47 cost, or 1.45% on gld,,,4.2% on 3x etf,, will look to re-enter gold long/short later today after observing reaction to this resistance test.
Sun 941pm
futures: Gold up 1%,,, ES up 0.3%,,, DX us dollar down 0.5% tho G20 says US will support stronger dollar per bloomberg.
* 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".
ES finally hit 1181 trgt,,did bounce but could break lower
341
hit 1991 and bounced
338
will cover 1991 intc for scalp piece of it
334
adding INTC shorts here 1998
324
i'm staying short swing intc,,,charts dont suggest this holds in coming days weeks,, INTC currently red 0.90%
319
INTC is up on pathetic volume,,,less than fridays volume
255
intc 60min in a bear rising wedge that broek lower and backtested up,,,watching to see if turns down or if it decides to form upchannel to replace wedge,,bias down atm
251
OIL is still in this coil..more chop expected next 6 hours (now thru afterhours futures)
250
looking for stage 2 sell now,intc es
245
1181 ES impt # intraday,,,,watching reaction there if tested
240
EUO 1875--1879 swing could work,,,i'm already in euo
237
yes,,,that was stage one sell from alert 14:34 :)
236
139.83 euro broke,,,under that euro bearish for swing..may add swing short on bounce if able via EUO etf
234
INTC sell alert still valid
228
this is a good spot for WFC partial profits at trgt 2355 here,,tho i think it goes lower,,, 3% roi since entry this morn here,, 2532 trgt next
224
for swing euro
224
euro
setting up for "add more shorts"
but no entry yet,,,waiting for
15min and 60min to click with
daily,,,gettting close
217
wfc just made new LOD :)
213
sell alert just popped up for INTC 1994
154
wfc bak near low of day, 2561 from 2580
125
spxu 2371 here could work too,, wfc 2580 sh
123
i stil have short intraday,,,1186 short could work
119
ES has broken and pierced its 3min DTL as expected,,now watching for reaction,,,bias still down
113
Heikin Ashi candl analysis (diff from trad candles), for 60 min charts: SPY tiring up with down bias but no downtrend yet, INTC / CSCO same as spy, WFC downtrend
107
ES is bak at 3min DTL resis,,,3min suggest may pierce it higher then drop
102pm
WFC swing target is 2075, with interim trgts 2500 2350 2300,,, after 2075 then1500ish multimonth trgt
1250
118475 and 118575 are 3min DTL resist on ES
1245
wfc hit 2558 near the 11:46 trgt of 2256,,,nect trgt is .32 if .55 breaks
1234
since es came so close to 118150 on last try,,it may break it soon instead,,watching
1227
i'd cover 75% of 1188 short from 11:34AM at 1181/82 for 6-7 pints if able,,hold rest swing
1223
from 1209pm trgt, theres the 2 points we expected,,,still see 1181 tho,, got 3.5 points, over the 2pt trgt
1220
ES that is make lowr low to 1181.50, bounce,,,then later 1167/155 trgt
1217
action similar to a mini wave 3 of 3 on the 2nd move down
1216
if my chart interpret is correct,,, ES should make a lower low, then bounce to a lower high, and that lowre high bounce should give a nice swing short,,,with more downside than the previous
1209
just got another sell alert good for 2pts ES,,,and also INTC, at es 1186
1201
WFC v close to bearish engulf daily candle, already has heavy dark cloud cover
1146
seeing if wfc wants next trgt down .56,,, .32
1145
hmm the WFC is now at its trgt from 9am,,,watching reacton here 2578/75 area
1140
newly added WFC short from this morn already green 2% now :)
1138
long spxu is short spx, short es at 1188 es
1134
IN SPXU 2358 here combo scalp swing at es 1188
1125
because spx moving sideways last year,,,the bull spx golden cross "means less" to me, criscross common in sideways
1122
1189/118875 is R2 in 3min
1122
at 1187 R1
1121
ES at steep trendline resis #1 here,,,but R2 on 3min lies higher
1106
sco scalpers from 1240 would take 28 cents here 1268 at resist, swings would hold,,,i didnt enter that one, would give 2% + scalp profit sco in 1 hr
1105
now have a full 100% size swing position intc short, wfc short,,, 50% in csco
1104
INTC is subject to panic selling as it hit $20 again today,,, $20 last time gave big red candle aftrer earnings
1102
1189 ES bounce should find resist if it gets 1189 last 118625
1040
WFC has 2575 trgt lower, bounce, sideways, thn lower, last 2597
1039
118650 horiz sup
1038
algo supp 1187 suggests bounce up then break lower of it
1037
if euro gets a 60min close near here,,bearish for euro intraday for hours
1032
heres the stage one sell ES,,down 2 pts since alert,,,still see stage 2 comoing
1029
sell alert 80% confid,,,needs 85%+ to get moving, last es 1190.50, INTC 1996
1011
oil been tricky to trade lately,,,have had to move in and out fast, with 5%ish profits via sco each time, only been able to hold a few days at a time,,,
1009
csco red, wfc green 1%ish since entry this morn
1007
oil short here looks good via sco 1240 long but i'm waiting for it to settle some,,,may want higher oil,
1000
sell alert on INTC 1997
933 AM
swing shorted WFC 2637
Monday
839 AM
Gold is up from overnight futures and hit its first swing target. I took profits at 131.40 from 129.47 cost, or 1.45% on gld,,,4.2% on 3x etf,, will look to re-enter gold long/short later today after observing reaction to this resistance test.
Sun 941pm
futures: Gold up 1%,,, ES up 0.3%,,, DX us dollar down 0.5% tho G20 says US will support stronger dollar per bloomberg.
* 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".
* 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".
Friday, October 22, 2010
* 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".
Friday ramblings / Thurs eve futures
258
be interesting to see if intc closes under 1980 or not,,,was support today
329
intc hod 1993,,,may try 1996 then pullbak
327
GLD resist 130.10 last 129.7
325
gold and oil continue inching higher,, still long swing via GLD
309
q's just hit algo resist 5165
258
INTC sell program alert,,,second one today,,last one allowed scalp profit taking
239
still waiting for that last WFC lil rally to short into it
218
well gold is right up against its wedge resist line try to break higher,,,tho there is more down room in wedge,,,prob shift sideways,, tho i'd welcome a mini breakout of wedge :)
158
intc back at the 1980,,, so 1972 trgt next
134
covering some here .80 scalps, profit locked
132
.81 trgt hit,,,lil bounce the ,78,,,, so far charts accurate
131
partial profits only,,,see much lower next week intc,,this is just scalp part
130
trgt is .77 then bounce so trying to cover .78 one cent over it
124
theres the bounce, now .81
122
heres .85 trrg,,bounce then .81 intc
119
still have intc cover .78 limit for scalp piece
118
hmm gold buy triggered rite after intc sell,,interesting (intraday only)
117
finally got intc sell program alert,,,see if it does anything, 1989 intc may only give .85 first try hehe
113
v v low volume again today, as last pomo day was
107
intc should break the 1987 but prob only 1985 lol first
106
wfc is setting up a "short its bounce" swing,,,,expecting lower wfc first then bounce, last 2595
103
spy has super small range doji today BUT the tlt has a bull piercing pattern (inverse dark cloud cover),,, suggests lower spx next week and higher tlt,, the tlt candle is large, unlike the spy doji, as we might expect large tlt candle on pomo day
1254
i am exiting LLL,,,10 cent loss,,, it may go higher but the trade didnt give action i wanted this morn, so out for now, small loss 00.14%
1243
oil continues inching higher here,, took profits yest on oil shorts,,, oil can give swing short or even swing long setup depedning on how triangle breaks
1218
oct 26 is next pomo
1152
INTC 1978 trgt intraday,,,will cover some scalps there if able
1148
intc has poss lower within 19 min,,,watching
1147
adding more intc shorts 1991
1109
gold continues to shift around in its bull falling wedge 60min
1109
LLL has 60min bull harami,,i remain long, harami not confirmed yet,needs close over prev 60min bar hi
1022
shorting INTC swing/scalp combo here 1980 (other swing from 1954 short)
1008
looking to reenter wfc short swing if able, may want 2650, 2674,,,watching for reentry today if able
914
Posted gold and oil chart below,
* 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".
be interesting to see if intc closes under 1980 or not,,,was support today
329
intc hod 1993,,,may try 1996 then pullbak
327
GLD resist 130.10 last 129.7
325
gold and oil continue inching higher,, still long swing via GLD
309
q's just hit algo resist 5165
258
INTC sell program alert,,,second one today,,last one allowed scalp profit taking
239
still waiting for that last WFC lil rally to short into it
218
well gold is right up against its wedge resist line try to break higher,,,tho there is more down room in wedge,,,prob shift sideways,, tho i'd welcome a mini breakout of wedge :)
158
intc back at the 1980,,, so 1972 trgt next
134
covering some here .80 scalps, profit locked
132
.81 trgt hit,,,lil bounce the ,78,,,, so far charts accurate
131
partial profits only,,,see much lower next week intc,,this is just scalp part
130
trgt is .77 then bounce so trying to cover .78 one cent over it
124
theres the bounce, now .81
122
heres .85 trrg,,bounce then .81 intc
119
still have intc cover .78 limit for scalp piece
118
hmm gold buy triggered rite after intc sell,,interesting (intraday only)
117
finally got intc sell program alert,,,see if it does anything, 1989 intc may only give .85 first try hehe
113
v v low volume again today, as last pomo day was
107
intc should break the 1987 but prob only 1985 lol first
106
wfc is setting up a "short its bounce" swing,,,,expecting lower wfc first then bounce, last 2595
103
spy has super small range doji today BUT the tlt has a bull piercing pattern (inverse dark cloud cover),,, suggests lower spx next week and higher tlt,, the tlt candle is large, unlike the spy doji, as we might expect large tlt candle on pomo day
1254
i am exiting LLL,,,10 cent loss,,, it may go higher but the trade didnt give action i wanted this morn, so out for now, small loss 00.14%
1243
oil continues inching higher here,, took profits yest on oil shorts,,, oil can give swing short or even swing long setup depedning on how triangle breaks
1218
oct 26 is next pomo
1152
INTC 1978 trgt intraday,,,will cover some scalps there if able
1148
intc has poss lower within 19 min,,,watching
1147
adding more intc shorts 1991
1109
gold continues to shift around in its bull falling wedge 60min
1109
LLL has 60min bull harami,,i remain long, harami not confirmed yet,needs close over prev 60min bar hi
1022
shorting INTC swing/scalp combo here 1980 (other swing from 1954 short)
1008
looking to reenter wfc short swing if able, may want 2650, 2674,,,watching for reentry today if able
914
Posted gold and oil chart below,
* 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".
* 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".
Oil chart
Last oil 81.45.
Oil moving back up, which is why I took profits in the swing short yesterday at 80.70.
Watching the triangle to see which direction it breaks, but rsi and stoch are pointing up.
* 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".
Oil moving back up, which is why I took profits in the swing short yesterday at 80.70.
Watching the triangle to see which direction it breaks, but rsi and stoch are pointing up.
* 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".
Gold Chart
Why I went long gold yesterday: Gold may have more downside, but I see at least a bounce forthcoming. Swing trading the bounce, with possible resumption of uptrend (unknown atm).
On Chart, notice that p5/p6 has a bull diverg with p7/p8. Another bull diverg p9/p11.
Also, there are two bullish falling wedges inside each other (wedge with trendline 2/4 and another wedge with trendlines 3 and 4.
I expect gold to bounce to trendline 2 and possibly to trendline 1, although it may decide to drift a little lower inside the smaller wedge (trendline 3/4)
* 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".
On Chart, notice that p5/p6 has a bull diverg with p7/p8. Another bull diverg p9/p11.
Also, there are two bullish falling wedges inside each other (wedge with trendline 2/4 and another wedge with trendlines 3 and 4.
I expect gold to bounce to trendline 2 and possibly to trendline 1, although it may decide to drift a little lower inside the smaller wedge (trendline 3/4)
* 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".
Thursday, October 21, 2010
Thurs ramblings (and Wedn eve ES futures)
357
if short gold,,,watch out for bear flag to form as price moves up temp...or theres a poss inv bull HS setting up on 60min,, or or ABC up
356
short term waves: ES 15min chart wave 1 down,,in w2 up now to finish tomorrow, then w 3 down ,,,,possible map
344
i'm going
long gold, for quick swing bounce,
129.45 GLD,,, DGP is 2x but GLD has better volume so using gld
323
i have a "oil move up" setup now,,,hence exit sco which is short oil
317
in LLL at 70.01 for long swing
309
i am going to hedge long in LLL swing,,,looking for entry now 6970--7000 area
234
i'm holding onto short csco swing,,posted scalp profit already,,,better short chart than wfc, tho xlf bearish
231
out of most wfc, locked profits 2600, still see
lower,,,but prefer to reenter later
226
2597 wfc will cover most, limit
214
wfc just hit the .91 trgt,,,but i didnt cover,,,too late,,,i lowered trgt now to next one for more $$$$,,,
206
oil sco and csco chart looks good to hold overnite, into pomo, at the moment
205
i might close all the wfc today and look to reenter,,,or keep just a small 25% piece, depends on close,,, chart suggests it may want another pop up after this so might not hold short overnite
201
wfc cover now 2542,,,lowered again and will do manually if 2542 not hit
156
finally the CSCO 2307 limit got filled,,,,scalp profirsts locked there from .43ish
153
grr missed filling my wfc by one cent,,,and bounced,,, now i'm lowering it to 2586 not .91
147
spx es trying to break lower here,,,charts suggest lower,, still have es trgt 1172
146
still have limit cover wfc 2591 for now,,,, 2307 for csco scalps
109
looking for oil CL break of 7984 then needs to break 77.80 (78 supp), trading short oil via SCO
1253
*2307 lim csco scalp,,, swing trgt 2275 2232 2150
1244
limit cover scalp csco 2303 if able, last 2320,, holding swing for lower $$
1242
1172 ES trgt
1239
es a good chance of breaking 1176 within 23 minutes
1209
oil about to break its low of day to make a lower lo :)
1208
WFC in a bear rise wedge 60min
1154
vix daily hammer thus far, bull vix bear spx
1144
at 1304ish
1143
sco at some resist here,,good spot for scalp profits 2.4% from 940AM
1135
if csco closes around here and pref under 2318 then it will have a bear dark cloud cover top reversal pattern daily
1128
also still have the WFC scalp cover limit order in 2591 if able
1127
i'm taking 20 cent scalp profit here at support csco
1125
csco broek support so next trgt 2318 intraday
1119
15min bear harami was confirmed,the 60min also forming its own bear harami which wont be confirmed until at least 12:01 pm
1114
taking scalp profti on sco from this morn, about 1% in 1 hr,,holding rest swing
1113
one min later,,,, :) csco 3min support broken,,, more support lower so prob no big move lower, yet
1112
watching to see if csco breaks the triangl support here
1102
now will buy to cover lim 25.91 scalp piece
1100
filled on .25 WFC short
1100
WFC hit .25 but didnt get a fill yet
1057
in add to that 3x bear diverg 60min csco
1056
csco 15min bear desc triangle
1052
oil looks like its basing at the moment to form a lower hi, daily
1051
wfc initial trgt 2627 so trying short 2625 rite under it, no fill yet
1044
will add wfc short 2625 limit if able,,may want .34 but will take .25,,,combo swing/scalp if hits scalp trgt
1029
tho it might decide to put in a spin top today, that would be boring, like 10/18
1028
i have a "stay short all day setup" for csco in add to swing short csco
1026
hmm the 60min ES looks suspetible to forming a rounded top down to 1130/20
1012
csco intc wfc didnt really participate in that last ES spike up,, is why individ stocks seem better than spy sds etc for swings atm
1008
back in SCO again 12.70,, a few cents cheaper than my stopout yest,,,just didnt know how low it might go so exited to reenter,,,i am now short oil again
948
euro has held resist on the rally and now has a bear diverg macd rsi 60min,,see lower euro lower spx
929
gm
* 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".
if short gold,,,watch out for bear flag to form as price moves up temp...or theres a poss inv bull HS setting up on 60min,, or or ABC up
356
short term waves: ES 15min chart wave 1 down,,in w2 up now to finish tomorrow, then w 3 down ,,,,possible map
344
i'm going
long gold, for quick swing bounce,
129.45 GLD,,, DGP is 2x but GLD has better volume so using gld
323
i have a "oil move up" setup now,,,hence exit sco which is short oil
317
in LLL at 70.01 for long swing
309
i am going to hedge long in LLL swing,,,looking for entry now 6970--7000 area
234
i'm holding onto short csco swing,,posted scalp profit already,,,better short chart than wfc, tho xlf bearish
231
out of most wfc, locked profits 2600, still see
lower,,,but prefer to reenter later
226
2597 wfc will cover most, limit
214
wfc just hit the .91 trgt,,,but i didnt cover,,,too late,,,i lowered trgt now to next one for more $$$$,,,
206
oil sco and csco chart looks good to hold overnite, into pomo, at the moment
205
i might close all the wfc today and look to reenter,,,or keep just a small 25% piece, depends on close,,, chart suggests it may want another pop up after this so might not hold short overnite
201
wfc cover now 2542,,,lowered again and will do manually if 2542 not hit
156
finally the CSCO 2307 limit got filled,,,,scalp profirsts locked there from .43ish
153
grr missed filling my wfc by one cent,,,and bounced,,, now i'm lowering it to 2586 not .91
147
spx es trying to break lower here,,,charts suggest lower,, still have es trgt 1172
146
still have limit cover wfc 2591 for now,,,, 2307 for csco scalps
109
looking for oil CL break of 7984 then needs to break 77.80 (78 supp), trading short oil via SCO
1253
*2307 lim csco scalp,,, swing trgt 2275 2232 2150
1244
limit cover scalp csco 2303 if able, last 2320,, holding swing for lower $$
1242
1172 ES trgt
1239
es a good chance of breaking 1176 within 23 minutes
1209
oil about to break its low of day to make a lower lo :)
1208
WFC in a bear rise wedge 60min
1154
vix daily hammer thus far, bull vix bear spx
1144
at 1304ish
1143
sco at some resist here,,good spot for scalp profits 2.4% from 940AM
1135
if csco closes around here and pref under 2318 then it will have a bear dark cloud cover top reversal pattern daily
1128
also still have the WFC scalp cover limit order in 2591 if able
1127
i'm taking 20 cent scalp profit here at support csco
1125
csco broek support so next trgt 2318 intraday
1119
15min bear harami was confirmed,the 60min also forming its own bear harami which wont be confirmed until at least 12:01 pm
1114
taking scalp profti on sco from this morn, about 1% in 1 hr,,holding rest swing
1113
one min later,,,, :) csco 3min support broken,,, more support lower so prob no big move lower, yet
1112
watching to see if csco breaks the triangl support here
1102
now will buy to cover lim 25.91 scalp piece
1100
filled on .25 WFC short
1100
WFC hit .25 but didnt get a fill yet
1057
in add to that 3x bear diverg 60min csco
1056
csco 15min bear desc triangle
1052
oil looks like its basing at the moment to form a lower hi, daily
1051
wfc initial trgt 2627 so trying short 2625 rite under it, no fill yet
1044
will add wfc short 2625 limit if able,,may want .34 but will take .25,,,combo swing/scalp if hits scalp trgt
1029
tho it might decide to put in a spin top today, that would be boring, like 10/18
1028
i have a "stay short all day setup" for csco in add to swing short csco
1026
hmm the 60min ES looks suspetible to forming a rounded top down to 1130/20
1012
csco intc wfc didnt really participate in that last ES spike up,, is why individ stocks seem better than spy sds etc for swings atm
1008
back in SCO again 12.70,, a few cents cheaper than my stopout yest,,,just didnt know how low it might go so exited to reenter,,,i am now short oil again
948
euro has held resist on the rally and now has a bear diverg macd rsi 60min,,see lower euro lower spx
929
gm
* 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".
* 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".
Wednesday, October 20, 2010
CSCO short, quick chart
1. The daily chart shows a downtrend, with a bear flag.
2. The 60min chart shows a 3x bear divergence on price vs rsi (also macd and macd histogram diverg). Three higher prices and 3 lower rsi readings is bearish.
3. Possible 60min bear rising wedge, also poss megaphone,,, I don't think the wedge will increase much if at all due to 3x divergences.
4. the 60min also has possible bearish broadening formation (higher highs and lower lows both) - red line.
Double click chart to see full size.
* 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".
2. The 60min chart shows a 3x bear divergence on price vs rsi (also macd and macd histogram diverg). Three higher prices and 3 lower rsi readings is bearish.
3. Possible 60min bear rising wedge, also poss megaphone,,, I don't think the wedge will increase much if at all due to 3x divergences.
4. the 60min also has possible bearish broadening formation (higher highs and lower lows both) - red line.
Double click chart to see full size.
* 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".
* 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".
Tuesday, October 19, 2010
wednesday ramblings (and tues night futures)
412
just for fun i have an AH limit order to cover a little csco 23.26,,, see what happens
410pm
another 116.69 wick bear spy
406
bearish afterhour spy wicks 117.15,,,suggests down tomorrow
404
WFC high of day 25.97,,, limit short #2 filled at 25.96,,one penny from high
400
lets see what kind of SPY wicks we get AH here
354
this is typical fib behaviour: over and under fib (1073 spx)...usually topping and when day closes under the fib show bearishness
340
one tip to help "too scared to jump"... write down price u want to short at but do not short,,,just wait,,,price will go up,,, then when it come back down to lower area, you are "break even" on the trade so far after having had pain of going up,,to then ride it down fro short profits... paper trade it a few times,,,interesting
328
alt stops or stop 1850 or 1861
327
euo
1883 with 1838 stop could work
here swing,,,i'm already in euo
(etf to short euro
319
csco "looks strong" but still have swing short setup,,, bear diverg on 60min macd
306
* correction wfc 2574
305
only csco short is up,,, wfc down at 2349 now,,, intc down, euro down
251
thus far,,, the second WFC was at the exact high of day
245
at least tomorrow expected to go into todays range,,dont see gap n go,, holding shorts swing
236
WFC not rallying. last 2572, hod 2596
216
its hittin 1972 but not giving a fill
214
*trying for 1972 intc short
210
i'll add intc 1974 limit short more if filled swing
157
csco mini sell alert setup, first one today
156
expect much lower in swing but this scalp not worth it
156
csco .26 exit scalp if able
139
maybe UNG 15min dbl bot W bullish,,,still in that thing long
138
limit 2324 csco scalp i'll exit,,can always reenter,, may change to better price but for now .24
130
i'm going to add to INTC short too b4 the close, again, for short #3 of poss 4
128
weak volume, once again, on the pomo up days
118
removing csco scalp cover .17,,,will do manually
115
wfc my stops 2722 to start
110
WFC filled at 2596
106
2596 WFC for more limit if able
1258
WFC is stronger bank than BAC,,may not get such spectactular results,,,but wfc weaker than xlf, to me
1256
also R .86
1255
wfc has algo resist 2610 so trying 2608 short if able
1243
also ES weakening hence the early entry for fear it drags down wfc
1242
limit 2608 short more WFC
1240
early entry,,60min chart not weak yet,,but like the 2566
1240
25% size in WFC, short, now 2566
1228
wfc is 50 cents from trgt,,watching,,,,
1220
i still want to short gold but waiting for bounce to finish
1214
adding more euro shorts here via EUO,,,,1879,,,buy #2 of poss 4,,, now 50% short the euro
1202
limit 2317 below the 2320 trgt if able to cover
1201
csco 2320 first trgt scalp,,,moderate expectations on this up day
1141
shorting
csco here sscalp/swing
combo, 2331
1133
WFC prob wont hit 26.00 today but i'll short it if it does,,will revise trgt as day nears end,,,using WFC now instead of BAC XLF, tho still have 25% pos short BAC
1103
just got stopped out of second part of oil for now, breakevn on 2nd half,,, 5% profit on first half
1058
UNG testing 567,,,if it pierces should move higher
1055
taking profits in KO now on half, 6120 vs 6028 cost
1053
euro 1.40ish resist watching
1051
FINALLY the intc 1960 limit short order just got filled,,,
1051
1272 sco stop
1050
OIL short is close to breakeven stopout for second half,,,not changing stop,,,if stopped will look for other entry
1045
still trying intc 1960 short lim, 1962/64 trgt, last 1956
1032
revised KO trgt 6136 from 6140
1029
looks like CSCO may give an "add more swing shorts entry" today again
1021
hit 6112 and backed to 6105
1019
KO hit the 61.11 trgt just now :),,,,6140ish next (approx trgt,,just watching it let it ride)
1012
intc 1945 is decent short entry,,,i'm waiting for 1960 if able since already have starter INTC swing short
1011
KO: i'm trying for 6111 then 6140ish today,,i'll close 6140 if able then buy bak
1004
grr intc missed 1960 fill by 3 cents 1957, last 1941,,,will give some time to settle b4 adding more shorts,,,still see intc bounce to allow re-entry short swing
955
KO first trgt 6108, last 6090
947
intc trgt is 1962 so trying to short 1960 if able, last 1954
946
yest i raised stop in oil shorts to breakeven,,still green 3% at the moment
944
KO surging ,,,made new daily highs, 6087 last from 6028 entry yesterday
940
limit short intc 19.60 ,,,already short intc 50% size swing,,last intc 1945,,,no fill yet
920
atm,,,oil has some heavy sell vol tho a lil higher than yest close
919
watching KO today to see if some shorts on ko get trapped squeezed,,,still long KO hedge
722
this is
starting to look like we can gap
lower again tomorrow and use
POMO to hold up,,,just a thought
but euro oil r weak
we dont have as strong a setup now for a gap lower like we had last nite,,,but its poss
650
euro can go over 13774 and still be bearish, but under that on a retest is surely bearish
649 pm
euro made low around 137.11 and last is 137.45,,,watching to see if that 137.74 holds as resist, thus far it has
tues 464 pm
notice the rounded top in euro 60min since last tues w support 137.74, our key # today,,, which broke lower but not yet with force
* 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".
just for fun i have an AH limit order to cover a little csco 23.26,,, see what happens
410pm
another 116.69 wick bear spy
406
bearish afterhour spy wicks 117.15,,,suggests down tomorrow
404
WFC high of day 25.97,,, limit short #2 filled at 25.96,,one penny from high
400
lets see what kind of SPY wicks we get AH here
354
this is typical fib behaviour: over and under fib (1073 spx)...usually topping and when day closes under the fib show bearishness
340
one tip to help "too scared to jump"... write down price u want to short at but do not short,,,just wait,,,price will go up,,, then when it come back down to lower area, you are "break even" on the trade so far after having had pain of going up,,to then ride it down fro short profits... paper trade it a few times,,,interesting
328
alt stops or stop 1850 or 1861
327
euo
1883 with 1838 stop could work
here swing,,,i'm already in euo
(etf to short euro
319
csco "looks strong" but still have swing short setup,,, bear diverg on 60min macd
306
* correction wfc 2574
305
only csco short is up,,, wfc down at 2349 now,,, intc down, euro down
251
thus far,,, the second WFC was at the exact high of day
245
at least tomorrow expected to go into todays range,,dont see gap n go,, holding shorts swing
236
WFC not rallying. last 2572, hod 2596
216
its hittin 1972 but not giving a fill
214
*trying for 1972 intc short
210
i'll add intc 1974 limit short more if filled swing
157
csco mini sell alert setup, first one today
156
expect much lower in swing but this scalp not worth it
156
csco .26 exit scalp if able
139
maybe UNG 15min dbl bot W bullish,,,still in that thing long
138
limit 2324 csco scalp i'll exit,,can always reenter,, may change to better price but for now .24
130
i'm going to add to INTC short too b4 the close, again, for short #3 of poss 4
128
weak volume, once again, on the pomo up days
118
removing csco scalp cover .17,,,will do manually
115
wfc my stops 2722 to start
110
WFC filled at 2596
106
2596 WFC for more limit if able
1258
WFC is stronger bank than BAC,,may not get such spectactular results,,,but wfc weaker than xlf, to me
1256
also R .86
1255
wfc has algo resist 2610 so trying 2608 short if able
1243
also ES weakening hence the early entry for fear it drags down wfc
1242
limit 2608 short more WFC
1240
early entry,,60min chart not weak yet,,but like the 2566
1240
25% size in WFC, short, now 2566
1228
wfc is 50 cents from trgt,,watching,,,,
1220
i still want to short gold but waiting for bounce to finish
1214
adding more euro shorts here via EUO,,,,1879,,,buy #2 of poss 4,,, now 50% short the euro
1202
limit 2317 below the 2320 trgt if able to cover
1201
csco 2320 first trgt scalp,,,moderate expectations on this up day
1141
shorting
csco here sscalp/swing
combo, 2331
1133
WFC prob wont hit 26.00 today but i'll short it if it does,,will revise trgt as day nears end,,,using WFC now instead of BAC XLF, tho still have 25% pos short BAC
1103
just got stopped out of second part of oil for now, breakevn on 2nd half,,, 5% profit on first half
1058
UNG testing 567,,,if it pierces should move higher
1055
taking profits in KO now on half, 6120 vs 6028 cost
1053
euro 1.40ish resist watching
1051
FINALLY the intc 1960 limit short order just got filled,,,
1051
1272 sco stop
1050
OIL short is close to breakeven stopout for second half,,,not changing stop,,,if stopped will look for other entry
1045
still trying intc 1960 short lim, 1962/64 trgt, last 1956
1032
revised KO trgt 6136 from 6140
1029
looks like CSCO may give an "add more swing shorts entry" today again
1021
hit 6112 and backed to 6105
1019
KO hit the 61.11 trgt just now :),,,,6140ish next (approx trgt,,just watching it let it ride)
1012
intc 1945 is decent short entry,,,i'm waiting for 1960 if able since already have starter INTC swing short
1011
KO: i'm trying for 6111 then 6140ish today,,i'll close 6140 if able then buy bak
1004
grr intc missed 1960 fill by 3 cents 1957, last 1941,,,will give some time to settle b4 adding more shorts,,,still see intc bounce to allow re-entry short swing
955
KO first trgt 6108, last 6090
947
intc trgt is 1962 so trying to short 1960 if able, last 1954
946
yest i raised stop in oil shorts to breakeven,,still green 3% at the moment
944
KO surging ,,,made new daily highs, 6087 last from 6028 entry yesterday
940
limit short intc 19.60 ,,,already short intc 50% size swing,,last intc 1945,,,no fill yet
920
atm,,,oil has some heavy sell vol tho a lil higher than yest close
919
watching KO today to see if some shorts on ko get trapped squeezed,,,still long KO hedge
722
this is
starting to look like we can gap
lower again tomorrow and use
POMO to hold up,,,just a thought
but euro oil r weak
we dont have as strong a setup now for a gap lower like we had last nite,,,but its poss
650
euro can go over 13774 and still be bearish, but under that on a retest is surely bearish
649 pm
euro made low around 137.11 and last is 137.45,,,watching to see if that 137.74 holds as resist, thus far it has
tues 464 pm
notice the rounded top in euro 60min since last tues w support 137.74, our key # today,,, which broke lower but not yet with force
* 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".
* 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".
* 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".
tuesday ramblings (and Mon nite futures)
437
ES volume today is highest since July 1st!!! tho 9/30 was almost as hi
429
118.56 spy wicks pointing higher tomorrow
400
OIL ending at low of day :)_
356
shorts covering profit take ahead of POMO tomorrow
347
KO in a daily bear rising wedge,but looks like more upside first,,,also could get a nice final pop in next 2 days on favorable earns rpt today,, despite bear rise wedge,,still increasing and multi layers of support for now
342
KO coca cola big green bar today despite spx red bar
336
so i'm long SCO (short oil etf)
333
es 3min
wedge now into close,,,prob dribbles
318
EURO hit its targets and may have limited downside now ,,, bounce likely,,,unless it wants another step down,,but thinking bounce,, earlier i said i thought the next step down would be most of todays move,,we now have that
316
limit buy to cover csco 2236
314
IF csco hits 2232 trgt it will prob hold n bounce,,,may need to take 75% shares off there if it does to lock profits and look for reentry short swing
250
KO long hedge,,just made a new daily high despite spx :)
248
SCO stop moved to breakeven 1272,,,if stopped out will look for other opps
247
sco oil shorts for oil did a gap n go today,,,bearish,,,think another red candle tomorrow, when i first entered oil i expected a second red candle but it moved sideways instead, BUT this time todays red candle is on a gap on SCO,,, so will hold the oil shorts into 1030AM tomorrow
232
wow that oil does move fast,,,down not at 8018 from 8350 short yest, oil is volatile, also tomorrow is crude oil report at 1030am,,,conserv would take some short profits here ahead of that,,,,im holding most
223
i am hedging LONG now in KO one of the fav long hedgers,, here 6027, with a 25% size starter position
217
out of most eem now,,,will look at 4555 mayb to reload, scalp profits locked from 4572 to 4536 for 0.8% or 2.4% on 3x etf
216
stop 4536 on most EEM now
214
vix 2160 trgt last 2116
213
WOW now look at VIX,,
205
thats BELOW the trgt,,in case it spikes lower,,,should bounce there if filled
159
have a limit order 44.92 to fill some eem shorts if able
158
4511 EEM trgt next,,,
157
EEM just hit 4545, one cent uner 4546,,,still watching for lower
155
this is what happens when marketmaker step aside to test the buy dippers, and they dont show up :)
154
before i thought .46 would hold,,,now looks breakable!! watching
154
watching reaction at 4546 EEM,,have limit order to sell apiece of them there
152
scalpers would cover some EEM shorts here,, i'm holding 75% for lower,
149
*13774 LOL
148
EURO AT IMPT 173.74 support here,,,daily supp,,,briefly broek and popped,,,this is impt area for hold or break to watch,, 173.74 is the "euro plunge in hours days" # from 10 AM
145
oil still looks lower,,, should be intreresting 1030am tomorrow
143
market makers have stepped aside here to test the buy the dippers,,,watching reaction up or down
138
this is still the "add more intc shorts" area 1935 but i'm waiting,,,afraid of pomo tomorrow,,will wait for a more perfect setup, or for a quick move up on intc to add shorts,,,pomo isn't preventing me from holding intc short, just from adding more,, i remain short intc thru tomorrow at 50% size position
135
ES 1171 resist,,under that v bearish,,1171 horizon resist AND 3min DTL resist
130
euro has same targets down, already hit the first trgt
129
still trying for eem 4546 limit,, trgt 4542,,,last 4566,,,this is not a 3x etf so moves lil slower, needs more shares
127
swings, i remain short eem csco intc oil euro,,,long UNG,,, scalping eem short
127
IF the ES makes a lower low today it would be v bearish,,,would break string of support lows these last days
119
poss bull inv HS on ES 15min,,,why this # here impt also
116
ES at 1169 support here,,impt intraday support to watch for hold or break
1248
and suggests "short eem rallies" intraday
1248
notice the ever so slight turning down on EEM 3min boll band,,, it often moves b4 price,,,suggests lower EEM
1235
ES weakening,,,if it bounces then could make nice short
1230
euro intc eem oil shorts all green
1230
UNG is red 1.6% but i remain in UNG swing,,,see the upside trgts still
1207
look at those ES daily bear candles hanging men (unconfirmed but shows distribution),,,es needs a close BELOW the hammer lows to confirm them, when that comes likely see heavy selling, tomorrow is pomo day tho, crash protection team in place
1156
intc here at 1934 looks good short too,,,but seems wants to move higher,,,can prob get it later for 1934 if not 1960
1155
limit order sell short INTC 1960,, prob wont get filled but will take on a pop today, 1933 last
1151
mayb today or tomorrow will give opp to add intc shorts
1134
OIL: if sco can hold over 1280 then we have a bull flag break higher, backtest that held, and should make new highs (new lows in oil)
1128
limit sell the scalp piece in eem 4546 if able,,,holding the swing piece,
1112
notice how oil is moving well with the euro,,good correlation
1109
as expected the euro just hit the 137.74 trgt,,,this reaction now v impt
1104
theres the expected 2 points pullback in es,,,still see lower,,,sell alert still on 83%
1101
as expected EURO justhit the 137.90 trgt,,, 137.74/.77 next then stall bounce then plunge,, the euro numbers may seem "small" but the result in large spx moves
1053
2 point pullbak setup,, more if it gets over 85%
1052
ES sell alert here 80% confid, 1171/72,,, needs 85% to move
1044
not taking the below market yet,,but watching to see if it sets up or not,,then decide later
1043
watching euro to break 137.90 for trgt 137.74,, when 137.70 breaks then euro should plunge,, possible below the market shorts on that break lower
1028
EEM 60min is on 3rd test of low / support,,, often the 3rd will break,,,dangerous long on 3rd at beginning
1026
sco bull flag (bear flag oil) in 10 min
1024
euro stair step lower pattern,,think it has one more step down
1024
euro still in wave 4,,,euro only rectangle 3min unlike up in es spx 3min,,,expecting lower spx EEM
1019
SHORTING MORE of EEM here 4572
1016
the euro 60min has a bull diverg but its not a really strong one,,,likely small bounce sideways,,then a lower low for a "real" boun
1005
looks like intraday euro 3 waves down now on 4th,,,the 5th wave is often bigger than #3 in currency forex,, watching
1001
looks like ES volume right now, 30min after open,,is already half of yest total volume,,,heavy selling
957
csco did same,,also expecting falling wedge intraday in csco, inside its daily bear rising wedge LOL
956
as expected, EEM made a new low of day, tho marginal...this thing is likely to form a falling wedge b4 bouncing much
954
if 1162 breaks then 1152 es trgt and a quik 5 pt drop likely 10min after 1162 brk
950
EEM testing its LOD and ready to break lower after poss mini bounc
941
i think EEM a better short today than SPX,,,,nice big gap down in EEM
938
es 1169 resist first
936
EURO IS WARNING IT MAY NOT BOUNCE HERE,,,watching,,, the spx lil bounc here could easily fail
935
csco needs to break 2285,,poss bounce b4 break lower, last 2292
929
euro 1.3800ish
929
EURO nearing some support here,,,poss bounce up in euro and spx but only to a lower hi expected
928
and EEM is
not a 3x etf,,,
927
WOW the EEM is 4564 now,,,closed at 4670 yest :) weaker than spx
923
sold the SDS here 2799,, one cent under its target, for now, still swing short csco intc eem euro oil
907
NO POMO today,,tomorrow more pomo i think
902
CRUDE oil report is tomorrow 1030AM,,,can get volatile in oil SCO /CL tomorrow
902
oil
continues its sidestep but still
bearish, down 8204 from 2nd
entry at 8350 yest, first entry oil
was "less good",,,SCO avg price 1271, last 1297 with 1380 first trgt then higher
857
Euro down to 133.33 is my trgt, breakout support, should bring EUO etf from 1880 to 2070/2085ish
840
looking for entry today or tomorrow in SOXS (3x bear short), to supplement INTC short
827
also EEM emerging markets at 4604 is below 4630 support, i am short eem also
823
this morn nasdaq NQ has tested yest low tho ES has not, NQ weakening
tues 806 am
euro continues lower,,,tho a break under 13769 needed for a lower low, lower hi new downtrend in daily,,,,still short the euro since 10/12
* 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".
ES volume today is highest since July 1st!!! tho 9/30 was almost as hi
429
118.56 spy wicks pointing higher tomorrow
400
OIL ending at low of day :)_
356
shorts covering profit take ahead of POMO tomorrow
347
KO in a daily bear rising wedge,but looks like more upside first,,,also could get a nice final pop in next 2 days on favorable earns rpt today,, despite bear rise wedge,,still increasing and multi layers of support for now
342
KO coca cola big green bar today despite spx red bar
336
so i'm long SCO (short oil etf)
333
es 3min
wedge now into close,,,prob dribbles
318
EURO hit its targets and may have limited downside now ,,, bounce likely,,,unless it wants another step down,,but thinking bounce,, earlier i said i thought the next step down would be most of todays move,,we now have that
316
limit buy to cover csco 2236
314
IF csco hits 2232 trgt it will prob hold n bounce,,,may need to take 75% shares off there if it does to lock profits and look for reentry short swing
250
KO long hedge,,just made a new daily high despite spx :)
248
SCO stop moved to breakeven 1272,,,if stopped out will look for other opps
247
sco oil shorts for oil did a gap n go today,,,bearish,,,think another red candle tomorrow, when i first entered oil i expected a second red candle but it moved sideways instead, BUT this time todays red candle is on a gap on SCO,,, so will hold the oil shorts into 1030AM tomorrow
232
wow that oil does move fast,,,down not at 8018 from 8350 short yest, oil is volatile, also tomorrow is crude oil report at 1030am,,,conserv would take some short profits here ahead of that,,,,im holding most
223
i am hedging LONG now in KO one of the fav long hedgers,, here 6027, with a 25% size starter position
217
out of most eem now,,,will look at 4555 mayb to reload, scalp profits locked from 4572 to 4536 for 0.8% or 2.4% on 3x etf
216
stop 4536 on most EEM now
214
vix 2160 trgt last 2116
213
WOW now look at VIX,,
205
thats BELOW the trgt,,in case it spikes lower,,,should bounce there if filled
159
have a limit order 44.92 to fill some eem shorts if able
158
4511 EEM trgt next,,,
157
EEM just hit 4545, one cent uner 4546,,,still watching for lower
155
this is what happens when marketmaker step aside to test the buy dippers, and they dont show up :)
154
before i thought .46 would hold,,,now looks breakable!! watching
154
watching reaction at 4546 EEM,,have limit order to sell apiece of them there
152
scalpers would cover some EEM shorts here,, i'm holding 75% for lower,
149
*13774 LOL
148
EURO AT IMPT 173.74 support here,,,daily supp,,,briefly broek and popped,,,this is impt area for hold or break to watch,, 173.74 is the "euro plunge in hours days" # from 10 AM
145
oil still looks lower,,, should be intreresting 1030am tomorrow
143
market makers have stepped aside here to test the buy the dippers,,,watching reaction up or down
138
this is still the "add more intc shorts" area 1935 but i'm waiting,,,afraid of pomo tomorrow,,will wait for a more perfect setup, or for a quick move up on intc to add shorts,,,pomo isn't preventing me from holding intc short, just from adding more,, i remain short intc thru tomorrow at 50% size position
135
ES 1171 resist,,under that v bearish,,1171 horizon resist AND 3min DTL resist
130
euro has same targets down, already hit the first trgt
129
still trying for eem 4546 limit,, trgt 4542,,,last 4566,,,this is not a 3x etf so moves lil slower, needs more shares
127
swings, i remain short eem csco intc oil euro,,,long UNG,,, scalping eem short
127
IF the ES makes a lower low today it would be v bearish,,,would break string of support lows these last days
119
poss bull inv HS on ES 15min,,,why this # here impt also
116
ES at 1169 support here,,impt intraday support to watch for hold or break
1248
and suggests "short eem rallies" intraday
1248
notice the ever so slight turning down on EEM 3min boll band,,, it often moves b4 price,,,suggests lower EEM
1235
ES weakening,,,if it bounces then could make nice short
1230
euro intc eem oil shorts all green
1230
UNG is red 1.6% but i remain in UNG swing,,,see the upside trgts still
1207
look at those ES daily bear candles hanging men (unconfirmed but shows distribution),,,es needs a close BELOW the hammer lows to confirm them, when that comes likely see heavy selling, tomorrow is pomo day tho, crash protection team in place
1156
intc here at 1934 looks good short too,,,but seems wants to move higher,,,can prob get it later for 1934 if not 1960
1155
limit order sell short INTC 1960,, prob wont get filled but will take on a pop today, 1933 last
1151
mayb today or tomorrow will give opp to add intc shorts
1134
OIL: if sco can hold over 1280 then we have a bull flag break higher, backtest that held, and should make new highs (new lows in oil)
1128
limit sell the scalp piece in eem 4546 if able,,,holding the swing piece,
1112
notice how oil is moving well with the euro,,good correlation
1109
as expected the euro just hit the 137.74 trgt,,,this reaction now v impt
1104
theres the expected 2 points pullback in es,,,still see lower,,,sell alert still on 83%
1101
as expected EURO justhit the 137.90 trgt,,, 137.74/.77 next then stall bounce then plunge,, the euro numbers may seem "small" but the result in large spx moves
1053
2 point pullbak setup,, more if it gets over 85%
1052
ES sell alert here 80% confid, 1171/72,,, needs 85% to move
1044
not taking the below market yet,,but watching to see if it sets up or not,,then decide later
1043
watching euro to break 137.90 for trgt 137.74,, when 137.70 breaks then euro should plunge,, possible below the market shorts on that break lower
1028
EEM 60min is on 3rd test of low / support,,, often the 3rd will break,,,dangerous long on 3rd at beginning
1026
sco bull flag (bear flag oil) in 10 min
1024
euro stair step lower pattern,,think it has one more step down
1024
euro still in wave 4,,,euro only rectangle 3min unlike up in es spx 3min,,,expecting lower spx EEM
1019
SHORTING MORE of EEM here 4572
1016
the euro 60min has a bull diverg but its not a really strong one,,,likely small bounce sideways,,then a lower low for a "real" boun
1005
looks like intraday euro 3 waves down now on 4th,,,the 5th wave is often bigger than #3 in currency forex,, watching
1001
looks like ES volume right now, 30min after open,,is already half of yest total volume,,,heavy selling
957
csco did same,,also expecting falling wedge intraday in csco, inside its daily bear rising wedge LOL
956
as expected, EEM made a new low of day, tho marginal...this thing is likely to form a falling wedge b4 bouncing much
954
if 1162 breaks then 1152 es trgt and a quik 5 pt drop likely 10min after 1162 brk
950
EEM testing its LOD and ready to break lower after poss mini bounc
941
i think EEM a better short today than SPX,,,,nice big gap down in EEM
938
es 1169 resist first
936
EURO IS WARNING IT MAY NOT BOUNCE HERE,,,watching,,, the spx lil bounc here could easily fail
935
csco needs to break 2285,,poss bounce b4 break lower, last 2292
929
euro 1.3800ish
929
EURO nearing some support here,,,poss bounce up in euro and spx but only to a lower hi expected
928
and EEM is
not a 3x etf,,,
927
WOW the EEM is 4564 now,,,closed at 4670 yest :) weaker than spx
923
sold the SDS here 2799,, one cent under its target, for now, still swing short csco intc eem euro oil
907
NO POMO today,,tomorrow more pomo i think
902
CRUDE oil report is tomorrow 1030AM,,,can get volatile in oil SCO /CL tomorrow
902
oil
continues its sidestep but still
bearish, down 8204 from 2nd
entry at 8350 yest, first entry oil
was "less good",,,SCO avg price 1271, last 1297 with 1380 first trgt then higher
857
Euro down to 133.33 is my trgt, breakout support, should bring EUO etf from 1880 to 2070/2085ish
840
looking for entry today or tomorrow in SOXS (3x bear short), to supplement INTC short
827
also EEM emerging markets at 4604 is below 4630 support, i am short eem also
823
this morn nasdaq NQ has tested yest low tho ES has not, NQ weakening
tues 806 am
euro continues lower,,,tho a break under 13769 needed for a lower low, lower hi new downtrend in daily,,,,still short the euro since 10/12
* 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".
Monday, October 18, 2010
* 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".
Sunday, October 17, 2010
Monday ramblings / ES Futures Sunday night
505
sold half of sds 2775 from 2760 to reduce risk,,holding other half
448
sds now almost at its high of day :)
442pm
spy wicks AH down to 117.60
IBM
beats expec yet its shares fall AH,,, 137.50 vs
14283 close,,, IBM just
wiped out 8 days of gains in
15minutes,,,
327
if euro doesnt hold here,,spx likely to fall,,,euro moving down faster than spx atm,, euro chart still bearish to me
303
TLT moving up along with spx, bearish for spx
252
csco intc remain weaker than spx qqqq,,,, csco aat 2330 now vs 2350 HOD
234
adding more sds 2748
221
divergence bearish: euro lower hi vs spx dbl top 60min
217
these zzzzzzzz periods boring,,,but the breaks can be explosive,,tho prob tomorrow is the larger move
214
EURO looks like it could start to weaken here, up at R as it backtests yest move down, if triggered then weak euro is bearish spx
208
thus far,,,csco resist has held n turn bak down :)
207
still has horiz support below
206
LOL es broke the 3min uptrend line but doesnt mean much in narrow range,,but its broke,,maybe at least get some action n
158
csco broke wedge lower now backtesting,,,watching to see if stays uner 2338, last 23333
157
ES is testing this mini UTL support now on 3min
147
we are between the tennis service line and baseline, no mans land
146
60min ES suggests lower but this has been just draggin on n on, 60min does not rule out higher hi b4 lower, sideways still
142
this is crazy low volume zzzzzzzzzzzzzzzz
132
aapl hit its 315.00 target and bounced as expected
1234
csco weaker, cracking, not broken yet but crakcs as expected
1207
euro is at resist again,,watching to see if holds or not
1206
OIL is now retesting intraday resist, bak 8350
1141
eur/usd is in a sideways a bit longer, then lower setup, intradya
1140
i have a "stay short day" setup still,
1139
then 1168
1138
2 point es drop setup, expecting 1172 from 74
1134
low volume today
1129
*563
1128
adding UNG swing, 565, buy #2,,, avg 570
1121
3min ES dbl top
11120
also,,if intc hits its lower targets, a bull diverg will form so likely cover most shorts and look to reenter on bounce
1119
if 2335 holds then 2350 possible else lower,,,
1118
csco is now very near to breaking the 60min wedge, for a fall to daily wedge support expected
1114
limit order sell scalp piece sds, 2808 if able
1113
2808 sds trgt intraday to take scalp profit from 2766 if able
1111
IF the euro holds resist than spx likely saw the high of day there,, hence my added oil shorts
1110
as the euro hits resist,,,oil and spx pullled bak
1109
intc broke support,,next trgt 1890ish (dtl) then 1875 in coming hours day
1103
12.72 sco avg now
1102
i am adding sco here for oil short,,now 50% size,, at oil 83.55 /cl, and at euro resist
1059
EURO is now v close to resist,,,watching to see if it holds it down,,,expecting it to hold down
1053
csco is in a 60min bear rise wedge, which itself is in a larger day bear wedge, with 60min bear diverg, hence the "added more shorts", and a weekly downtrend,
1048
EEM continues weaker than spx again,,,mayb leading indic of lower spx tomorrow
1045
INTC close to breaking the 1910 support, last 1911
1042
if i werent already in csco short,,progr trader would short it here, 2345 swing
1027
program autotrade, in sds here half size,,, 2758, or 2427 spxu
1025
toady and wedn are pomo $$$ days,,,tomorrow is not
1022
adding VXX swingt here 1438, avg 1446
1003
limit sds 2742 if filled, last 2758
956
still looking to add more shorts to 50% intc pos,,,won't let me in,,last 1914 from 1930 hi
951
still swing short oil,,,still valid trade to me
937
shorting spx here via upro 167.00, for scalp swing combo
803
EEM down pre-mkt at 4626 from close 4672 friday. this is below fridays low 4638 and marginally below gap support 4630, but since its so close to gap support we need to watch reactions at this level,,marginal break only that needs bear confirmation still
INTC is lower
CSCO is lower
Oil is lower
EURO is lower
All above is good for short positions
803 am
euro broke the 139.13 support as expected, hit 138.55 and bounced but remains under the 139.13
953
ES testing
impt support not 139.13,,, charts
suggest break lower
953 SUNDAY EVE
poss gap down on monday morn in spx,, maybe
1170 spx,,,even 1163 spx could
happn
* 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".
sold half of sds 2775 from 2760 to reduce risk,,holding other half
448
sds now almost at its high of day :)
442pm
spy wicks AH down to 117.60
IBM
beats expec yet its shares fall AH,,, 137.50 vs
14283 close,,, IBM just
wiped out 8 days of gains in
15minutes,,,
327
if euro doesnt hold here,,spx likely to fall,,,euro moving down faster than spx atm,, euro chart still bearish to me
303
TLT moving up along with spx, bearish for spx
252
csco intc remain weaker than spx qqqq,,,, csco aat 2330 now vs 2350 HOD
234
adding more sds 2748
221
divergence bearish: euro lower hi vs spx dbl top 60min
217
these zzzzzzzz periods boring,,,but the breaks can be explosive,,tho prob tomorrow is the larger move
214
EURO looks like it could start to weaken here, up at R as it backtests yest move down, if triggered then weak euro is bearish spx
208
thus far,,,csco resist has held n turn bak down :)
207
still has horiz support below
206
LOL es broke the 3min uptrend line but doesnt mean much in narrow range,,but its broke,,maybe at least get some action n
158
csco broke wedge lower now backtesting,,,watching to see if stays uner 2338, last 23333
157
ES is testing this mini UTL support now on 3min
147
we are between the tennis service line and baseline, no mans land
146
60min ES suggests lower but this has been just draggin on n on, 60min does not rule out higher hi b4 lower, sideways still
142
this is crazy low volume zzzzzzzzzzzzzzzz
132
aapl hit its 315.00 target and bounced as expected
1234
csco weaker, cracking, not broken yet but crakcs as expected
1207
euro is at resist again,,watching to see if holds or not
1206
OIL is now retesting intraday resist, bak 8350
1141
eur/usd is in a sideways a bit longer, then lower setup, intradya
1140
i have a "stay short day" setup still,
1139
then 1168
1138
2 point es drop setup, expecting 1172 from 74
1134
low volume today
1129
*563
1128
adding UNG swing, 565, buy #2,,, avg 570
1121
3min ES dbl top
11120
also,,if intc hits its lower targets, a bull diverg will form so likely cover most shorts and look to reenter on bounce
1119
if 2335 holds then 2350 possible else lower,,,
1118
csco is now very near to breaking the 60min wedge, for a fall to daily wedge support expected
1114
limit order sell scalp piece sds, 2808 if able
1113
2808 sds trgt intraday to take scalp profit from 2766 if able
1111
IF the euro holds resist than spx likely saw the high of day there,, hence my added oil shorts
1110
as the euro hits resist,,,oil and spx pullled bak
1109
intc broke support,,next trgt 1890ish (dtl) then 1875 in coming hours day
1103
12.72 sco avg now
1102
i am adding sco here for oil short,,now 50% size,, at oil 83.55 /cl, and at euro resist
1059
EURO is now v close to resist,,,watching to see if it holds it down,,,expecting it to hold down
1053
csco is in a 60min bear rise wedge, which itself is in a larger day bear wedge, with 60min bear diverg, hence the "added more shorts", and a weekly downtrend,
1048
EEM continues weaker than spx again,,,mayb leading indic of lower spx tomorrow
1045
INTC close to breaking the 1910 support, last 1911
1042
if i werent already in csco short,,progr trader would short it here, 2345 swing
1027
program autotrade, in sds here half size,,, 2758, or 2427 spxu
1025
toady and wedn are pomo $$$ days,,,tomorrow is not
1022
adding VXX swingt here 1438, avg 1446
1003
limit sds 2742 if filled, last 2758
956
still looking to add more shorts to 50% intc pos,,,won't let me in,,last 1914 from 1930 hi
951
still swing short oil,,,still valid trade to me
937
shorting spx here via upro 167.00, for scalp swing combo
803
EEM down pre-mkt at 4626 from close 4672 friday. this is below fridays low 4638 and marginally below gap support 4630, but since its so close to gap support we need to watch reactions at this level,,marginal break only that needs bear confirmation still
INTC is lower
CSCO is lower
Oil is lower
EURO is lower
All above is good for short positions
803 am
euro broke the 139.13 support as expected, hit 138.55 and bounced but remains under the 139.13
953
ES testing
impt support not 139.13,,, charts
suggest break lower
953 SUNDAY EVE
poss gap down on monday morn in spx,, maybe
1170 spx,,,even 1163 spx could
happn
* 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".
Thursday, October 14, 2010
* 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".
Friday ramblings (and Thurs eve / Friday pre-market ES Futures)
455
afterhours,,, SPY bear down wicks 11675,,,csco bear wicks to 2309
453
eem daily:breakaway gap, 2 contin gaps,,last gap looks exhaust gap,, island top poss
359
the action all day today,,to
me,,, it was "bear rising wedge"
action,,, yet what we saw was
sideway,,,, seems bearish indeed,
354
HD hit its .70 trgt from 131 pm finally,,tho i exited under that,,,, .77 and .86 were next trgts,, it made it but it struggled on the way up,,,not what the setup called for, hence my early exit
352
or how low it goes on failure to hurdle
351
trying to trigger short stops csco .40,,,unable to push it,,, watching how high it goes if they can get over .40
349
low daily vol on csco during its gap fill from 8/12.....bearish
339
dow down .34%,,, spx flat,,, dow more bearish daily candle
335
also look at volume on DX,,, high vol,,green bar,,, dollars going up,,also bull hammer
333
bullish DX canlde, and sitting rite at resist,,,bullish dollar,,,bear euro bear spx swings
321
DOW is weakest on daily of spy qqq dia
320
qqqq at risk for a gap down on monday, but not strong enough setup for me to trade
319
if it were 2pm not 318,,,program autotrader would short the qqqq here 5123 but too close to end of day so wont fill, for swing ,,,or hold for
hours,,,mayb monday
313
bearish into the close but no new LOD is setup i see now
308
further the euro intraday is weakening again
307
also could change in 30 seconds,,,but atm sellers are "crowding" the .40,,,that is selling under it,,bearish cuz will not allow retest of prior high
306
that sideways up bias setup,,is now gone, to sideways neutral intraday fwiw
303
still have HD trgt intraday,,,just dont wanna risk it,,but its a 70% confid up,,not high enuf
303
i dont like this HD,,,exiting it here,,not worth it,,, 10 cents profit,,,ruh rah weeeee big deal :)(
257
changed my mind,, adding more csco shorts here,, 2336,, short #2 of poss 4
255
i will wait to add shorts in csco,,,either at higher or lower unknown,,,but if didnt have shorts i'd enter first piece here
254
2236 csco looks like nice short spot,,, could overshoot .50 but its in a bear rising wedge, n the wedge is inside a downtrend, dailys
249
also,,,part of todays POMO likely also went to stop TLT treasury crash too,,hence the limited up in spx
248
LOL intc so weak it wont even give a decent "add more shorts" setup,,,mayb mondya it will,, still 50% short intc swing
241
still could headfake 1175 es,,, decent R there
239
notice that EEM is underperforming spx,,,unusuall as of late
233
there it is,,, ES hit the 1172 trgt again, from 1 hr ago :),, stoill have 1175 poss
219
CSCO breaking higher as expected,,,
218
still have this same setup for last few hours,,,sideways up
210
still have the HD limit order to sell longs, unfilled, same trgts, may need to lower at 3:40pm
207
its v tricky here,,,like "no mans land in tennis",,,between baseline and service line
151
heres that bounce we expected, es,,,still have
the sideways "irriation setup"
147
intraday ES bounce setup here, b4 lower, still
146
i "think" oil will break lower then bounce to add more shorts (not bounce tday) and then finally down hard to lower targets
139
HD long scalp outperforming the spx,,,hd making lil new highs on 3min,,,same target
131
HD looks like interim trgt .70 b4 the other trgt 3077 3086 intraday
131
glad to see csco moving up as expected,,,still waiting for short entry #2
124
es has coiled as expected,,,still have this sideways up bias intraday scalp only,,, vs swing short
108
oil looking to breakdown more soon
1259
i still see sideways up drift for now, es
1259
an spx close under 1173 pref under 1170 would be bearish
1254
3077 and 3086 are intraday HD trgt so set limit order between the 2 at .83
1252
chart still says more up in ES b4 down intraday,to me
1245
3077 is HD scalp trgt,,,last 3060
1244
just hit 1172 trgt from 20 mins ago,,,still sideways and 1172 again mayb 75
1224
see more es down, but es up to 1172,,,maybe 75 trgts first
1222
CSCO and INTC--- shorting a stock in a daily uptrend but in a weekly downtrend,,,just like bac,,, those explode lower usually,,,bear flags :)
1215
hmm this HD scalp a lil problematic,,,modified 3/5 methods bearish on 15min with 7 candles lol,, holding for now but may exit soon
1212
oil broke the mini support trgt of 8173, last 8147, still needs lower to confirm "heavy selling" toward the 78 and 72 targets
1210
OIL is waking up now,,, falling :)
1209
EEM weaker than spx,,,this is unusual, intraday,,,its made a lower low intraday,, eem leading down in coming days?
1206
EEM is falling nicely too
1203
the es is likely to begin coiling now
1159
shorts
careful here scalps..poss bounce es
they may trhow pomo to put a higher intraday low
1147
THAT etf is only good for swiings not v good scalps cuz too low volume
1147
looking for re-entry into etf CORN
1137
may want 2340 or higher, unsure
1137
CSCO at 2325 "reshort area" but i'm waiting,,,should do sideways or higher first if doesnt turn down here
1135
ES 1173 resist test,,,64% to break higher
1132
also watching bac 1218 to see if prior support is conv to resist after its plunge to 1175,,,last 1212
1131
patiently waiting to add more CSCO shorts,,, still see it doing 2120 2035 1975 frist swing trgt,,,then 1500
1103
LONG scalp in HD 30.54, scalp only not swing
1044
i'm going long UNG 575 here stop 560/545 for now
1029
in coming days,,,i expect and csco to act just as BAC has acted,,,,with hard falls down
1024
vxx now at 4% roi,,,that thing does move fast when it moves
1023
EEM support 4630, watching to see if bounces there or breaks, last 4646,,still short EEM
1021
BAC is a mess,,,1186 last :),,, too bad i only have 25% shares left
1014
taking 25% of vxx off for quick profit here as it tests yest hi,,holding 75% for much higher,, 2.75% profit since last eve 5pm-ish,, swing trgt 1750ish
1006
WOW ,,,bac broek 12..18 and a quik fall to 12.00
1004
BAC now hit the .18/.19 trgt,,,would be v surprised if doesnt hold around here,,,bounce maybe,,, mid term targets much lower tho,, if it doesnt hold here it could fall hard
958
COVERED BAC here at .31, last .30,,,instead of .20,,, will add more later if able,,, to lock profit, now only have the 25% size short in BAC in "mid term hold account" to hold multiweek months
958
newly acquired VXX up 1.8% roi now,,still see higher
954
bac will give 11% and 9% profits at .20 (shorted 2 levels)
953
limit cover bac 12.20
950
BAC trgt 1219 and 1227,,,hit the 1227 just now
948
i am red now -1.2% on csco short entry #1,,,will look to add more csco shorts today tho,,,still valid trade setup,, INTC and BAC r very green, BAC 8% roi atm
940
BAC acted just as expected yest, lil pop this morn followed by lower low, it broke yest low already,, it should fininsh making lower low then bounce again, next bounce may be larger
922
IF the es
stays under 1175 it will remain in
60min downtrend,,,DTL is
1175,,,resist 1174,,, but ES will
simply follow the euro,
that may
be asking a lot of es to stay under
there all nite
759
looking at CL oil 15min,,,poss start of 5th wave down,,,where the 5th wave will be extended instead of the third,,,due to influence of DX and euro on oil
THURS 752pm
Russell continues stronger than spx and even ndx,,, for ex ES down 0.1%, ndx up .25% and TF up .4%
This is prob due to financial components within SPX, finan been weaker, esp XLF JPM BAC
* 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".
afterhours,,, SPY bear down wicks 11675,,,csco bear wicks to 2309
453
eem daily:breakaway gap, 2 contin gaps,,last gap looks exhaust gap,, island top poss
359
the action all day today,,to
me,,, it was "bear rising wedge"
action,,, yet what we saw was
sideway,,,, seems bearish indeed,
354
HD hit its .70 trgt from 131 pm finally,,tho i exited under that,,,, .77 and .86 were next trgts,, it made it but it struggled on the way up,,,not what the setup called for, hence my early exit
352
or how low it goes on failure to hurdle
351
trying to trigger short stops csco .40,,,unable to push it,,, watching how high it goes if they can get over .40
349
low daily vol on csco during its gap fill from 8/12.....bearish
339
dow down .34%,,, spx flat,,, dow more bearish daily candle
335
also look at volume on DX,,, high vol,,green bar,,, dollars going up,,also bull hammer
333
bullish DX canlde, and sitting rite at resist,,,bullish dollar,,,bear euro bear spx swings
321
DOW is weakest on daily of spy qqq dia
320
qqqq at risk for a gap down on monday, but not strong enough setup for me to trade
319
if it were 2pm not 318,,,program autotrader would short the qqqq here 5123 but too close to end of day so wont fill, for swing ,,,or hold for
hours,,,mayb monday
313
bearish into the close but no new LOD is setup i see now
308
further the euro intraday is weakening again
307
also could change in 30 seconds,,,but atm sellers are "crowding" the .40,,,that is selling under it,,bearish cuz will not allow retest of prior high
306
that sideways up bias setup,,is now gone, to sideways neutral intraday fwiw
303
still have HD trgt intraday,,,just dont wanna risk it,,but its a 70% confid up,,not high enuf
303
i dont like this HD,,,exiting it here,,not worth it,,, 10 cents profit,,,ruh rah weeeee big deal :)(
257
changed my mind,, adding more csco shorts here,, 2336,, short #2 of poss 4
255
i will wait to add shorts in csco,,,either at higher or lower unknown,,,but if didnt have shorts i'd enter first piece here
254
2236 csco looks like nice short spot,,, could overshoot .50 but its in a bear rising wedge, n the wedge is inside a downtrend, dailys
249
also,,,part of todays POMO likely also went to stop TLT treasury crash too,,hence the limited up in spx
248
LOL intc so weak it wont even give a decent "add more shorts" setup,,,mayb mondya it will,, still 50% short intc swing
241
still could headfake 1175 es,,, decent R there
239
notice that EEM is underperforming spx,,,unusuall as of late
233
there it is,,, ES hit the 1172 trgt again, from 1 hr ago :),, stoill have 1175 poss
219
CSCO breaking higher as expected,,,
218
still have this same setup for last few hours,,,sideways up
210
still have the HD limit order to sell longs, unfilled, same trgts, may need to lower at 3:40pm
207
its v tricky here,,,like "no mans land in tennis",,,between baseline and service line
151
heres that bounce we expected, es,,,still have
the sideways "irriation setup"
147
intraday ES bounce setup here, b4 lower, still
146
i "think" oil will break lower then bounce to add more shorts (not bounce tday) and then finally down hard to lower targets
139
HD long scalp outperforming the spx,,,hd making lil new highs on 3min,,,same target
131
HD looks like interim trgt .70 b4 the other trgt 3077 3086 intraday
131
glad to see csco moving up as expected,,,still waiting for short entry #2
124
es has coiled as expected,,,still have this sideways up bias intraday scalp only,,, vs swing short
108
oil looking to breakdown more soon
1259
i still see sideways up drift for now, es
1259
an spx close under 1173 pref under 1170 would be bearish
1254
3077 and 3086 are intraday HD trgt so set limit order between the 2 at .83
1252
chart still says more up in ES b4 down intraday,to me
1245
3077 is HD scalp trgt,,,last 3060
1244
just hit 1172 trgt from 20 mins ago,,,still sideways and 1172 again mayb 75
1224
see more es down, but es up to 1172,,,maybe 75 trgts first
1222
CSCO and INTC--- shorting a stock in a daily uptrend but in a weekly downtrend,,,just like bac,,, those explode lower usually,,,bear flags :)
1215
hmm this HD scalp a lil problematic,,,modified 3/5 methods bearish on 15min with 7 candles lol,, holding for now but may exit soon
1212
oil broke the mini support trgt of 8173, last 8147, still needs lower to confirm "heavy selling" toward the 78 and 72 targets
1210
OIL is waking up now,,, falling :)
1209
EEM weaker than spx,,,this is unusual, intraday,,,its made a lower low intraday,, eem leading down in coming days?
1206
EEM is falling nicely too
1203
the es is likely to begin coiling now
1159
shorts
careful here scalps..poss bounce es
they may trhow pomo to put a higher intraday low
1147
THAT etf is only good for swiings not v good scalps cuz too low volume
1147
looking for re-entry into etf CORN
1137
may want 2340 or higher, unsure
1137
CSCO at 2325 "reshort area" but i'm waiting,,,should do sideways or higher first if doesnt turn down here
1135
ES 1173 resist test,,,64% to break higher
1132
also watching bac 1218 to see if prior support is conv to resist after its plunge to 1175,,,last 1212
1131
patiently waiting to add more CSCO shorts,,, still see it doing 2120 2035 1975 frist swing trgt,,,then 1500
1103
LONG scalp in HD 30.54, scalp only not swing
1044
i'm going long UNG 575 here stop 560/545 for now
1029
in coming days,,,i expect and csco to act just as BAC has acted,,,,with hard falls down
1024
vxx now at 4% roi,,,that thing does move fast when it moves
1023
EEM support 4630, watching to see if bounces there or breaks, last 4646,,still short EEM
1021
BAC is a mess,,,1186 last :),,, too bad i only have 25% shares left
1014
taking 25% of vxx off for quick profit here as it tests yest hi,,holding 75% for much higher,, 2.75% profit since last eve 5pm-ish,, swing trgt 1750ish
1006
WOW ,,,bac broek 12..18 and a quik fall to 12.00
1004
BAC now hit the .18/.19 trgt,,,would be v surprised if doesnt hold around here,,,bounce maybe,,, mid term targets much lower tho,, if it doesnt hold here it could fall hard
958
COVERED BAC here at .31, last .30,,,instead of .20,,, will add more later if able,,, to lock profit, now only have the 25% size short in BAC in "mid term hold account" to hold multiweek months
958
newly acquired VXX up 1.8% roi now,,still see higher
954
bac will give 11% and 9% profits at .20 (shorted 2 levels)
953
limit cover bac 12.20
950
BAC trgt 1219 and 1227,,,hit the 1227 just now
948
i am red now -1.2% on csco short entry #1,,,will look to add more csco shorts today tho,,,still valid trade setup,, INTC and BAC r very green, BAC 8% roi atm
940
BAC acted just as expected yest, lil pop this morn followed by lower low, it broke yest low already,, it should fininsh making lower low then bounce again, next bounce may be larger
922
IF the es
stays under 1175 it will remain in
60min downtrend,,,DTL is
1175,,,resist 1174,,, but ES will
simply follow the euro,
that may
be asking a lot of es to stay under
there all nite
759
looking at CL oil 15min,,,poss start of 5th wave down,,,where the 5th wave will be extended instead of the third,,,due to influence of DX and euro on oil
THURS 752pm
Russell continues stronger than spx and even ndx,,, for ex ES down 0.1%, ndx up .25% and TF up .4%
This is prob due to financial components within SPX, finan been weaker, esp XLF JPM BAC
* 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".
Thurs ramblings (and Wedn eve ES futures)
451
buying a little VXX here AH,,, 14.52,,, stop 13.87 for now,,
425
oops...got stoppped out of dzz at 8.46,,, last 8.44 AH,, that was a loss,,,stopped
at low of day,,hate that grrr
423
LOL tza down at 2220,,,glad to be out of THAT for now, lil 20 cent profit better than loss
420
the smaller chakin diverg on 10/8 and 10/13::: maybe 1184 spx was"it" for now
418
chakin bearish divergence again: from 10/8 and 10/13 spy highs,,,warning lower ,, also huge diverg since July and also sept on chakin, obv, mclellan, etc
401
upro hit 166.35,,,or 5 cents under the 1pm trgt 166.40 :) ,,, but i didnt add swing shorts since i raised the price
353
1172,,1175 next R in es
348
EEM,,,island top?????? shorted up there
341
from 1:50 PM
335
if spy can rally high enough aftewrhours i might short some of that directly,,,, volume on spxu upro too low afterhours,, else i'll wait
329
nice bear flag csco daily, since sept
327
csco puts could even work here,,,since csco is at a high "bounce" within multimonth downtrend
319
if qqqq and dow fall, then CSCO should outperform both, i believe, so proxy for shorting the dow n qqqq
319
chose csco cuz right into DTL from may decline
311
i am swing shorting CSCO here,, 2290 to start, stop 23.67 for now
259
already have positions in following so no rush to add more spx shorts: short bac, eem, intc,,,, long euo euro short,,,short gold via dzz,,, short oil via sco
256
i'm raising my limit order spxu to 167.90 short from 166.40 for now due to lateness of day,, prob wont get filled but that's my swing short level for now,,,,much lower risk, else look for opp tomorrow
252
WOW look at that bullish vix,,,v bullish
243
hmm covering more BAC here,,,now have only half left,,,,unsure up or down so locking more profits, 1250
230
spx short limit order not filled,,,trying to short into headfake up but not getting a fill, for now,, due to recent strength of bulls i only want to short the "extremes" for now in spx,,and use individ stocks until spx stops this sideways
225
INTC has not presented an opp to add more shorts, yet :(,,, still have a half size INTC short trade
225
in a perfect world,,, BAC would stay under .60 while ES rises to 1168/72,, allowing keep BAC short then add SPX shorts at higher levels
215
xlf 1445 and 1434 trgts
214
still see weak xlf since yest,,,tho a bounce tomorrow or day after likely,,, could make marginal lower low 2m then bounce
208
ok just hit 1246 while typing :)
206
1246,,,1233,,,1219
206
last bac 1251, sitting on low of day,,,looking for the marginal lowr daily trgts posted b4
205
BAC down is getting tired,,,still see lower but watching carefully to cover another 25-50% of this today,,,already took 7.5% profits on 25% of shares
158
upro is 3x,,,wide stops needed,,,,stop is over recent ES hi 1181 (swing trade)
156
stop over 171.25 if filled
155
instead of spxu,,,i have an order to SHORT the UPRO at 166.40 limit, last 16576
150
i'm shorting 116950 if able, es
141
1170 ES trgt (steep trendline),,,under 1170 ES v bearish intraday
133
only a 20 cent profit,,,this is more of a "take the gift exit" then "take profits exit"
132
i am exiting TZA rite now,,,small
profit only,,,other better areas to
put this money for me,,, tza prob goes higher but just not good enough, imo
127
bulls have been v resilient and we r right at v impt key support
124
also if xlf
breaks lower then BAC might
come under intense pressure as
its even weaker than the xlf itself
122
1167 ES has broken,,,now under 1164 needed and that may create heavy selling, 64 likely
to hold or sideways on first test but bounce may be anemic,,,watching reactions at this v impt support level now
119
charts suggest faz break higher, xlf lower
119
XLF testing support,,,v precarious position now, still see weak xlf as posted yesterday
109
now tlt has a huge 3min bull hammer LOL
108
chop setup still in effect,,,,tricky here long n short both atm till resolves
102 pm
big drop right here in tlt,,,mayb spx bounces,,,tho drop to near tlt support,, "chop whipsaw setup"
1248
as we expected,,,tza made the 2281 trgt on that break of .67
1245
about 7.5% roi on that piece of BAC
1243
i'm taking 25% of BAC profits here,,its at trgt
1240
BAC supports (and down trgts) intradya: 1250, 1246, 1233, 1219
1238
1246/53 BAC just filled a gap here,,,so taking some off to lock profit could work,,,
1235
1070 in weeks not hours,,,with up n down along way
1234
spx swing trg on a close under 1170 spx: 1070ish,,,need to chek trendline
1238
BAC just hit its new low trgt 12.54
1226
still see higher in CORN etf but too risky to re-enter, had nice profit run 3075 to 3703 or 21% in 5 days
1222
in coming hours days, i expect oil to mirror euro action, and oil:us dollar inverse
1221
still have sco, short term bearish oil, tho its more neutral atm,,, stops set over prior oil highs (under prior sco lows 11.83 for now)
1217
tza 22.42 limit could work nice if it gets a headfake down, last .61 tho currently stable over .50
1202
tza 15min ideas: if not break higher here, could do a bull cup handle for 15-180 minutes
1149
tza hit .69 trgt,,,watching for .80 test then stall then higher
1148
ES no boujce here is bearish,,should bounce 1172
1147
*.69
1146
tza 2267 should give 2280 test, last 2263
1139
1254 is marginal new low trgt on break of curr low of day 1261, but no plans to cover half before 3:55pm atm
1137
BAC may want 1256 within 15minutes,,,not tradeable but just obswervation, last 1263
1134
tza needs to break over 2285 to get any upside accel intraday, last 2246
1132
*more clearly seen in 15min chart
1132
tza "might have" just put in a higher low, finally, in 60min chart,,,but no confirm yet
1130
tza continues to lag, but when it does break higher the move should be more explosive than faz spxu, hence the small tza position
1127
ES 1169.50 trgt down, should hold first test here, 15 and 60min still fighting
1118
AXP is another dow compon that may present a short opp,,,, long opps may come later but dont see any yet for me,, axp not ready yet tho
1105
msft reports oct 28 and is also a poss sswing hort but no setup yet
1101
i have a limit order to add MORE short in INTC 1963, last 1944,,,dont think it goes that high but will take more on a pop,,, may still short 1950ish but waiting on that # for now
1054
FAZ wont move as dramatically as tza, but still 3x faz is also better setup imho, but i'm trading BAC short instead of the faz being that BAC weaker still, tho more risk in BAC individ stock than faz skf
1053
atm vxx,,,bac,,,intc all better setups than tza,,,so less shares in tza
1052
VXX may get a swing buy setup finally,,,prob needs another hour to consolodate and form setup, none yet but close
1045
BAC 1290 trgt,,mayb short there
1043
BAC is on a "short bounces setup",,same with intc,,, BAC should move lil higher over next hour or sideways, last 1278
1041
ES 1174.50 resist test
1031
1283 BAC short scalp could take profit here 1269 temp support, still see lower low tday but thats scalp trgt
1029
with a protect stop above high of that day,,or above last signif high (1185/87 spx)
1028
trading idea: when spx moves OVER a fib like 1173, a swing sell signal triggers on a reversal back UNDER that fib, classic idea
1026
tomorrow is a POMO day, crash protection team hehe
1016
INTC has a beautiful bear flag in 60min, textbook example
1012
still looking for 15min close under 1169,,, such could mean the HOD is in
1011
TLT may present 102.80ish "add more tlt opp",,,last 103.45,,,unsure if pulls bak there or not,,,should give another opp tho could take hours and may not come today
1007
BAC has a 10min bear flag now,,,may add shorts for day, no add more shorts setup just yet tho
1002
i will prob take half of BAC off today then try to reenter,,,but prob not until near close,,,right now chart suggests maybe lil bounce tomorrow
1000
watching for a 15min ES close under 1169 for 1157 trgt
952
TLT idea yest at 102.50,, TLT last 103.33 with 105ish trgt
946
mini ES dbl top 1181 requires 1169 break lower for 1157 target
940
the lower dollar yest has intereferted with the short oil and short gold, but remain swing short for now, trade still valid,,,, red on those for now but expecint them to profit soon
937
v impt: BAC yest had a bear piercing candle,,and today it has gapped lower,,, v bearish BAC,, under the "mkt open candle theory" the bear pierce was confirmed with the gap lower and suggests even lower,,, the next theory would be "confirming close today under yest low"
935
an intc bounce to 1942/50 would be nice to allow adding more intc shorts swing, last 1930
931
BAC next trgt is 12.22, then 10ish
930
BAC at 1300 right under 1305 support,,, could take partial profits here short ,,,but watching for break lower or hold
* 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".
buying a little VXX here AH,,, 14.52,,, stop 13.87 for now,,
425
oops...got stoppped out of dzz at 8.46,,, last 8.44 AH,, that was a loss,,,stopped
at low of day,,hate that grrr
423
LOL tza down at 2220,,,glad to be out of THAT for now, lil 20 cent profit better than loss
420
the smaller chakin diverg on 10/8 and 10/13::: maybe 1184 spx was"it" for now
418
chakin bearish divergence again: from 10/8 and 10/13 spy highs,,,warning lower ,, also huge diverg since July and also sept on chakin, obv, mclellan, etc
401
upro hit 166.35,,,or 5 cents under the 1pm trgt 166.40 :) ,,, but i didnt add swing shorts since i raised the price
353
1172,,1175 next R in es
348
EEM,,,island top?????? shorted up there
341
from 1:50 PM
335
if spy can rally high enough aftewrhours i might short some of that directly,,,, volume on spxu upro too low afterhours,, else i'll wait
329
nice bear flag csco daily, since sept
327
csco puts could even work here,,,since csco is at a high "bounce" within multimonth downtrend
319
if qqqq and dow fall, then CSCO should outperform both, i believe, so proxy for shorting the dow n qqqq
319
chose csco cuz right into DTL from may decline
311
i am swing shorting CSCO here,, 2290 to start, stop 23.67 for now
259
already have positions in following so no rush to add more spx shorts: short bac, eem, intc,,,, long euo euro short,,,short gold via dzz,,, short oil via sco
256
i'm raising my limit order spxu to 167.90 short from 166.40 for now due to lateness of day,, prob wont get filled but that's my swing short level for now,,,,much lower risk, else look for opp tomorrow
252
WOW look at that bullish vix,,,v bullish
243
hmm covering more BAC here,,,now have only half left,,,,unsure up or down so locking more profits, 1250
230
spx short limit order not filled,,,trying to short into headfake up but not getting a fill, for now,, due to recent strength of bulls i only want to short the "extremes" for now in spx,,and use individ stocks until spx stops this sideways
225
INTC has not presented an opp to add more shorts, yet :(,,, still have a half size INTC short trade
225
in a perfect world,,, BAC would stay under .60 while ES rises to 1168/72,, allowing keep BAC short then add SPX shorts at higher levels
215
xlf 1445 and 1434 trgts
214
still see weak xlf since yest,,,tho a bounce tomorrow or day after likely,,, could make marginal lower low 2m then bounce
208
ok just hit 1246 while typing :)
206
1246,,,1233,,,1219
206
last bac 1251, sitting on low of day,,,looking for the marginal lowr daily trgts posted b4
205
BAC down is getting tired,,,still see lower but watching carefully to cover another 25-50% of this today,,,already took 7.5% profits on 25% of shares
158
upro is 3x,,,wide stops needed,,,,stop is over recent ES hi 1181 (swing trade)
156
stop over 171.25 if filled
155
instead of spxu,,,i have an order to SHORT the UPRO at 166.40 limit, last 16576
150
i'm shorting 116950 if able, es
141
1170 ES trgt (steep trendline),,,under 1170 ES v bearish intraday
133
only a 20 cent profit,,,this is more of a "take the gift exit" then "take profits exit"
132
i am exiting TZA rite now,,,small
profit only,,,other better areas to
put this money for me,,, tza prob goes higher but just not good enough, imo
127
bulls have been v resilient and we r right at v impt key support
124
also if xlf
breaks lower then BAC might
come under intense pressure as
its even weaker than the xlf itself
122
1167 ES has broken,,,now under 1164 needed and that may create heavy selling, 64 likely
to hold or sideways on first test but bounce may be anemic,,,watching reactions at this v impt support level now
119
charts suggest faz break higher, xlf lower
119
XLF testing support,,,v precarious position now, still see weak xlf as posted yesterday
109
now tlt has a huge 3min bull hammer LOL
108
chop setup still in effect,,,,tricky here long n short both atm till resolves
102 pm
big drop right here in tlt,,,mayb spx bounces,,,tho drop to near tlt support,, "chop whipsaw setup"
1248
as we expected,,,tza made the 2281 trgt on that break of .67
1245
about 7.5% roi on that piece of BAC
1243
i'm taking 25% of BAC profits here,,its at trgt
1240
BAC supports (and down trgts) intradya: 1250, 1246, 1233, 1219
1238
1246/53 BAC just filled a gap here,,,so taking some off to lock profit could work,,,
1235
1070 in weeks not hours,,,with up n down along way
1234
spx swing trg on a close under 1170 spx: 1070ish,,,need to chek trendline
1238
BAC just hit its new low trgt 12.54
1226
still see higher in CORN etf but too risky to re-enter, had nice profit run 3075 to 3703 or 21% in 5 days
1222
in coming hours days, i expect oil to mirror euro action, and oil:us dollar inverse
1221
still have sco, short term bearish oil, tho its more neutral atm,,, stops set over prior oil highs (under prior sco lows 11.83 for now)
1217
tza 22.42 limit could work nice if it gets a headfake down, last .61 tho currently stable over .50
1202
tza 15min ideas: if not break higher here, could do a bull cup handle for 15-180 minutes
1149
tza hit .69 trgt,,,watching for .80 test then stall then higher
1148
ES no boujce here is bearish,,should bounce 1172
1147
*.69
1146
tza 2267 should give 2280 test, last 2263
1139
1254 is marginal new low trgt on break of curr low of day 1261, but no plans to cover half before 3:55pm atm
1137
BAC may want 1256 within 15minutes,,,not tradeable but just obswervation, last 1263
1134
tza needs to break over 2285 to get any upside accel intraday, last 2246
1132
*more clearly seen in 15min chart
1132
tza "might have" just put in a higher low, finally, in 60min chart,,,but no confirm yet
1130
tza continues to lag, but when it does break higher the move should be more explosive than faz spxu, hence the small tza position
1127
ES 1169.50 trgt down, should hold first test here, 15 and 60min still fighting
1118
AXP is another dow compon that may present a short opp,,,, long opps may come later but dont see any yet for me,, axp not ready yet tho
1105
msft reports oct 28 and is also a poss sswing hort but no setup yet
1101
i have a limit order to add MORE short in INTC 1963, last 1944,,,dont think it goes that high but will take more on a pop,,, may still short 1950ish but waiting on that # for now
1054
FAZ wont move as dramatically as tza, but still 3x faz is also better setup imho, but i'm trading BAC short instead of the faz being that BAC weaker still, tho more risk in BAC individ stock than faz skf
1053
atm vxx,,,bac,,,intc all better setups than tza,,,so less shares in tza
1052
VXX may get a swing buy setup finally,,,prob needs another hour to consolodate and form setup, none yet but close
1045
BAC 1290 trgt,,mayb short there
1043
BAC is on a "short bounces setup",,same with intc,,, BAC should move lil higher over next hour or sideways, last 1278
1041
ES 1174.50 resist test
1031
1283 BAC short scalp could take profit here 1269 temp support, still see lower low tday but thats scalp trgt
1029
with a protect stop above high of that day,,or above last signif high (1185/87 spx)
1028
trading idea: when spx moves OVER a fib like 1173, a swing sell signal triggers on a reversal back UNDER that fib, classic idea
1026
tomorrow is a POMO day, crash protection team hehe
1016
INTC has a beautiful bear flag in 60min, textbook example
1012
still looking for 15min close under 1169,,, such could mean the HOD is in
1011
TLT may present 102.80ish "add more tlt opp",,,last 103.45,,,unsure if pulls bak there or not,,,should give another opp tho could take hours and may not come today
1007
BAC has a 10min bear flag now,,,may add shorts for day, no add more shorts setup just yet tho
1002
i will prob take half of BAC off today then try to reenter,,,but prob not until near close,,,right now chart suggests maybe lil bounce tomorrow
1000
watching for a 15min ES close under 1169 for 1157 trgt
952
TLT idea yest at 102.50,, TLT last 103.33 with 105ish trgt
946
mini ES dbl top 1181 requires 1169 break lower for 1157 target
940
the lower dollar yest has intereferted with the short oil and short gold, but remain swing short for now, trade still valid,,,, red on those for now but expecint them to profit soon
937
v impt: BAC yest had a bear piercing candle,,and today it has gapped lower,,, v bearish BAC,, under the "mkt open candle theory" the bear pierce was confirmed with the gap lower and suggests even lower,,, the next theory would be "confirming close today under yest low"
935
an intc bounce to 1942/50 would be nice to allow adding more intc shorts swing, last 1930
931
BAC next trgt is 12.22, then 10ish
930
BAC at 1300 right under 1305 support,,, could take partial profits here short ,,,but watching for break lower or hold
* 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".
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