Monday ramblings / ES Futures Sunday night

527
just a thought:  if spx goes down, AND gold goes down,,, where will $$ go? into bonds, sending TLT higher?

526
$COMP has a nasty daily shoot star,,,looking for an eve star bear tomorrow to form

456
the etf GLD is nice high volume,,,actually i prefer to SHORT the gld,,,but "no shares available" when i tried,,, hence DZZ,, this SHORT IS CONTRATREND,,, GOLD IN VERY STRONG DAILY UPTREND,,, WILL NEED TO WATCH CAREFULLY AND EXIT WHEN NEEDED

453
why early? bear diverg, and also had a high vol daily red candle 3 days ago,, gave 2 days to settle,, up some today on v lite vol, i "almost" shorted at the close on 10/7 at 1334, so have bettr price now 1355 :)

448
i also took a
position in shorting GOLD via 2x etf 
DZZ 8.82,,, an early entry,,, been long
gold for months but looks ready to
pullback



GOLD or /GC targets: 1327, 1266, then if 1266 breaks 1212,, last 1355,,DZZ percents will be double since its 2x

414
earlier today i called for QQQQ high of day to be 50.04,,,it hit 50.02,,,, inability to pop to 50.10 as stops at the 50.00 mark is bearish to me,,, that is there were sellers at 50.00 and no stops triggered at 5002


411
CORN looks alike a daily 60min big bull flag but no re-entry yet,,,profits taken early this AM,,, same in dba

409
oil is still bearish atm,,,it COULD go for a higher hi over 85 before further down, but for now see down not higher, oil is topping but hasn't fallen hard, yet

407
EUR/USD daily has 2 dojis and today a big red candle,,bearish but the candle didnt break support,,,resting right on it,, its precarious and subject to further shorts on any bounces, for now,,,but no confirmation lower yet

405
BAC been v good short swing,, also now it has a bear HS in 15min

402
saved small piece of tza scalp for afterhours sale just for fun,,,see what it does here,, not many shares due to low vol AH

400
maybe tomorrow is pokey paint dry again before 2pm FOMC

357
2377 sold all but 25% of scalp

356
trying for 2397 TZA limit on surge into close,,if not will take scalp off at close and keep swing,,,scalp about 50 cents profit

351
ES stoch 60min,,lower highs

337
as expected at 11:05 AM post,,, ES made a lower intraday low

329
could see sideways here with down bias,,,sell alert lil weaker now

327
as expected, stage 2 sell for qqqq triggered,,, alert was accurate,,,still see more down qqqq  spx

323
oil sell triggered,,, near lod now, sco up at 1261

321
2370 and 2400 tza still poss today

320
tza hit .50 which is over the .49 target from 1:58 PM, so took half off

318
on 50% of scalp shares. taking 10 cents scalp on half tza swing/scalp combo,, mayb thats allwe get on this low vol day

317
euro daily may put in a bear engul daily candle

316
EURO is very near support,,,may crack lower on test,,,still short swing euro

313
theres stage one in qqqq,,from 4997 to 4984,, still see lwoer,, sell alert was accurate :)

300
stage 1 selling here,,stage 2 expected

254
sell alert 80%

251
sell alert 78%, lil stronger from 76%

245
sell alert 76% ES

231
sell alerts often form when price going up and price move not justified

230
sell alert forming in es but only 76% confidence right now,, needs over 85%

226
if tza can hold here then it will confirm the 3min bull rsi swing

224
would normally be 79% but lowered due to low vol

224
poss oil breakdown coming,,, 74% sell alert in oil

221
thus far intc has given back all the gains from break

221
charts strongly suggest the intc breakout was a bull headfake and will head lower

214
intc continues lower to test 1958,,, if 1958 breaks lower then minibreak higher is bearishly nullified

212
TZA wedge breakout warning still in effect and starting to manifest now


211
waiting on more CORN n DBA due to poss bear harami daily corn,,,tho still see up after pullback,,no entry yet

210
also dba is mixed agric

209
look at CORN etf,,,from 3100 to 3700 long,,,,looking for reentry point,,posted exit this morn

207
longs careful here as tza trying to break north of wedge intraday

206
lower risk



trade idea: tlt near 104,,, stop 103.70
 
 
201
euro continues drifting lower toward the "add more euro shorts" target below mkt,,not yet tho

158
2349 is tza first trgt from .37

156
tza wedge getting v tite now,,watching to see if breaks higher, last 2330

149
TZA 3min and 10min in bull falling wedges

140
intc here 1970/75 also looks good swing short

134pm
adding tza 23.37 here

121
today's vix candle may be day 2 of 3 day candle pattern bull morn star, need a candle #3 tomorrow to comfirm that,,, and then a 4th subsequent confirming candle. if confirmed, would be bearish spx, bullish vix

120
while vix is v low today, it can represent "too complacent" or "too confident" and  spx often reverses lower in following days. Vix opened under its daily boll band, alsoseen on 1/11 after which spx fell about 100 points, dow 1,000 points. other days vix was "near" or "touched" lower bb daily are: 10/14, 11/20, 12/3, 12/22, 1/6, 2/19, 3/17, 4/6, 4/12, 6/21, 8/2, 8/9, 9/3, 9/13

114
such a low vol day,,, thus far xlf has only 9 trades over 10,000 shares

103
nonetheless, TLT bonds r green today with green spx,,, TLT usually wins this battle in coming days

102pm
bond


markets closed, lower vol,,,much

smart money on vacation
 
 
1154
euro still drifting down lower

1107
testing yest close now,,,prob hold first test for small bounce,,, bounce under 3 points bearish

1105
ES should make a lower low today intraday

1047
taking only 25% of shares off tza to lock profit near high of day, holding 75%

1046
tza up 25 cents,,scalpers would take 25 cents here,,i'm holding for hours more

1035
hi vol selling on qqqq at 50

1034
qqqq did not make over 5004 resist so far,, hit 5002 and down

1026
Marketmakers MM testting retail to see if they will pay $50

1025
decent resist at 50.04,, see if that breaks higher qqqq

1019
or, ABOVE the market EUO etf over 19.24ish

1019
BELOW the market, i may add more euro shorts if euro breaks under 1.37,, last 1.39

1017
VXX is basing but no swing entry yet long

1012
2399 COMP support ,,,watching for hold or break lower of that,,held so far, if it breaks then down nasdaq

1004
50% size on program trader

1003
autotrader just went in tza to hold for hours, 2370

1001
euro still looks headed down in coming hours days,, us dollar up

951
notice broadening form on dail ES?>??

935
still short BAC,,still looks weak for under 12 target eventually

934
*correction, tza turned green while typing lol

933
new tza swing is red a little right now/ near breakeven,,,see higher tza today/this week,

932
oil short had a quiet day on friday,,still see lower oil for now,,today maybe tell us more

Monday 6:11 AM

WOW,,, corn /ZC has gapped up again to 572 area from 528 friday close and up from 467 entry. Possible spot to take some profits today and look to reenter on pullback, after this 24% move in 6 days.

* 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".