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".