Thurs ramblings (and Wedn eve ES futures)

335
sco 1365 target tomorrow,  or 79.80 /CL oil target tomorrow from 81.30 last

331
i like the EUO daily candles,,,bull piercing

327
also limit buy more EUO 18.78 it filled

325
added EUO to short the euro here at 19.00, swing,,50% size

303
still have SELL SELL SELL on oil tho lol

257
sell signal gone for now,,maybe bak in few minutes

252
oil hit 81.00 today,, :) and it should go lower tomorrow

235
1276 sco seems "high" for swing but i have a valid swing setup for entry there,,, 1250 if able but may not get lower

218
"headfake setup" on last move,,,watching if it reverses lower, es last 1154

208
no more


POMO befor oct 13
 
201
my smart money indicator says: smart money not doing this buying rite here

152
85%

150
my selll alert is starting to get stronger,,,but hasnt determined if the stronger is valid,,, at 84%

147
84% sell alert,,lil stronger

146
intraday ES wave 4 up should end, then 5 down

137
chakin MF has a 15min bull inv HS on TLT suggesting some money should move into tlt and out of spx in coming minutes hours,,,nothing


dramatic tho
 
 
132
maybe 1757/60,, under todays 1768 low,,maybe lower than 1750

131
NDN is moving into a possible buy long trade,,,, no setup yet,,,still baking,,for swing,,,

122
zzzzz velocity slowed

119
sco 1260 looks good if it drops there, for swing, last 1286

118
1149 test expected by 1:27 pm

115
sideways 3-6 min then down pattern, if it triggers

114
ES should move down from here, 1151 first

110
1152 ES short could work

1257
my data suggests that smart money is selling today but not shorting just yet

1252
or,,, swing traders willing to endure possible up move

1252
agressive traders could short momentum if sell alert gets over 92% confid,,,regardless of price,,,but riskier momentum trade,, last 84%

1242
i am def


holding the SCO swing overnight,,,

rarely does oil have a big red

candle day that is not followed by

another red day,,,
 
 
1237
still have 25% of bac puts left

1237
sold 25% more bac puts,,,67% profit on last BAC options sold,,puts

1235
BAC should hold 1320,,,,if it does not,,its in real trouble... already below yest low on 2 red daily candles :)

1232
sco scalps would take some off here at 1279 trgt was hit :), for a nice 6% profit since this mroning

1229
,i have a "cover half shorts


daytrade" and "no long scalp",,,meaning


could break but prob bounce first

but not enough to go long
 
 
1227
ES 1151
should bounce here,,small
 
 
1226
we r close to getting a setup that says "ES will not get over 1157 for rest of day",,,but not baked yet

1224
when oil starts moving its a freight train worse than spx

1224
oil 8194 could easily see 815o even tho down from 84.43 already

1220
not strong enough for big drop ES yet,,,getting closer,,, maybe bounce 1 point first???

1219
74% on ES qqqq selll here

1218
there goes oil :),, broken, sco over 1253

1205
sell alert 68% here,,,suggests dribble down for now

1202
* on half,,,can always buy more later

1201
BAC puts from yest r up 44%,,,taking profits on 25% of those puts

1158
BAC has broken yesterday's low :),,, weaker than spx

1155
80% confid that OIL will break lower than here today,,, SCO should get over 12.53 today

1153
73% sell alert

1148
sell alert 68% suggests that ES will hold LOD on first test if its still at 68%

1146
68% sell alert from 62

1138
sell alert at 62%

1129
i have a sell program alert here,,, 60% confid and building,, need 80--90% for action

1125
BAC in danger here,,, under 13.30 would be bad ,, already a dark cloud cover daily, 3 day confirming it maybe today,, good for BAC shorts


1122
oil testing support and it could crack on first try,,if so oil should move down nicely, already at 82.50 now from its 84.43 high,,, oil can be crazy wild volatile, could hit 81.50 today

1118
have a short the rallies for


day setup,,,
 
 
1116
and daily tlt has huge COIL from Aug 23

1115
TLT has a bull W on 60min chart from last 2 weeks,,, the rsi move would prob cause tlt to break out higher from it

1112
if oil were strong for higher, it should have gone up with yesterday report but the reaction was muted there

1111
i thyink oil topped today hence the short entry,,, tho no confirmation yet

1108
SCO is trying for a DAILY bull engulfing here now,,, v bullish if SCO gets that (well almost engulf,,,didnt have lower lo)

1106
watch


105.60 TLT,,,if it gets over

that,,,spx should drop much,,,still

only 105.00 now
 
 
1059
*60min move over RSI RSI RSI 68

1102
to start, TLT should test 105.18 and expect break higher to 105.27, then over today's high

1101
this is early TLT re-entry swing/scalp combo so only using a 50% size, but strong enough for 50% vs 25% size

1059
biggest thing to watch for TLT:  can the 60min move over 68 and make a higher hi? it may require 2 tries to do so,, if TLT does that then its v strong for swing TLT to 109 and higher, and a large SPX drop

1056
i just got filled in TLT on the 105.01 limit

1048
TLT can break today's low and still be bullish so stop is 104.40 ish for now

1047
i will reenter TLT 105.01 liimit if filled,,,scalp/swing combo,,, remember TLT is not 3x etf its 1x

959
charts suggest ES should bounce and give swing short entries later today

953
SCO scalps would take 35 cents here profit for 2.9% in 20 minutes, swing holds

951
BAC bank yest gave 2 day bearish dark cloud cover,,, a close under 1330 today would confirm it, last 1342

949
sco 1205 to 1232 last

949
VXX shot from 16 to 1627 this AM

947
one could enter here TLT long but i'm waiting,,since i have multiple support trendlines and also weak 15min macd,,,no clear trendline support,,, TLT is testing "one of" its 60min trendlines,,also poss bear flag last 20 days

946
Looking to re-enter TLT sold at 106.00 but no entry yet, last 105.12

938
1157.50 ES temp support

937
SCO is forming a 3x bull diverg 15min,, i remain in long SCO (or short oil)

932
VXX early entry swing here 16.02,,its forming a bull diverg 15min tho not baked yet,, i already have VXX from higher 16.60

912 am
good morning


* 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".