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".