Monday, October 4, 2010

tuesday ramblings (and Mon nite futures)

402
ES has 60min shoot star but its not that meaningful on such a big daily green candle,,,see what happens tomorrow,,,still see lower spx tho

358
30min spy bear harami/engulf,,,60min spy bear shoot star,,,but needs confirmation with a 30min 60 min close below the candle low

346
INTC



shorts sswing still green despite


spx rally,,, roi 1% for now
 
325
there's a halfbaked 60% sell alert,,,last one didnt work

324
could pb here now b4 close from 1158

306
sell alert is gone ,,,didnt get 1152,,, see if it re-triggers or spx wants higher highs

252
still have ES 1152/51 trgt

241
BAC holding up on the last lil ES red candle

233
sell alert almost wrecked but not invalidated yet,,,still valid at the moment but precarious

227
ES 1151 test is trgt

222
OIL looks to be prepping for a pullback in comoing hours days,, tho the crude report is wedn

207
dba has a bull morning star daily pattern,,needs confirmation tomorrow with a close over todays high, or a gap up tomorrow agricult

151
TLT remains strong,,,it usually but not always wins against spx

149
COMP just hit that "missed trgt" #...watching to see if falls more now,,this could bring sellers

133
INTC remains nice n weak compared to DOW QQQQ :)

130
but 60min TLT has bear desc triangle LOL,,,take ur pick

130
TLT has a 15min bull inv HS,,, bearish spx if tlt triggers higher

128
i know its


dragging on,,,the sell alert is still

valid,,, fwiw,,, ES thus far made

only marginal new HOD
 
 
103
limit sell half 105.08 if able,,,most TLT,,,keeping some for swing, this is above the HOD and above .73 target

1249
TLT 10 cents from its .75 target from 2 hrs ago

1242
its common for mkt to move lil higher right after the sell program alerts present,,,

1240
careful long here,,,atm software is suggesting that MarketMakers are testing mkt,,,seeing if there r buyers up here or not

1238
i have a sell program alert for ES<,, first one today,, ES last 1153

1227
adding VXX swing 1660,,,stop 1622 for now,,,or stop could be 1648/1641 for tighter,,,keeping loose for now

1225
intraday trgt 10473 on TLT

1222
for me its low risk,,,even if BAC wants higher i see a backtest here to exit breakeven small profit if needed, trgt 12.00 BAC swi

1219
added swing shorts in BAC here 13.50

1154
this run up before quarter earnings is likely to cause large pullback,, evidence suggests there are more "adbe" type warnings coming,, trgt 1060 spx first pullbak, then bounce (decent one), then under 1000

1149
adding tlt day here at 104.00

1148
similar


setup to yest call of 1133 high,

which worked
 
 
1147
no confirmation, but 1155 ES may be high for today, 60% confidence, only half baked

1146
still see a pullback within hour tho, maybe now, es 1154.75

1139
exiting rest of ADM to lock profits,,,getting tired,,may break higher but taking profits here from yest entry, out 3225

1131
ES spx should pull back here now,,,reasonable short entry,,,may take 60+minutes but shoulld pullbak,,last ES 1150.50, also TLT 3min has a 3x bull diverg

1105
SPX 1154.50 short here looks good

1058
DBA moving back up off its base (agriculture etf, corn, cattle feed, cocoa sugar, etc)

1053
adding TLT here 104.50, combo day / swing,,TLT is not a 3x etf so moves slower,,more shares needed

1033
added back MSFT shorts here at 2415 (covered yest 23.80)

1028
added intc short here 1917,,,close enough,swing

1025
intc is 5 cents away from 1920 "add mor shorts" trgt, last 1915

1020
while in rectanlge,,,is more profitable to trade individ stocks: short weak ones and buy strong ones,,, results in longs and shorts both being green on the same days

1016
ES daily candles in a rectangle last 7 days

1007
ADM sold half here at .24 to lock profits,,,can buy bak later, stalling

1002
limit sell half ADM 3247 if able, hod .35 so far

955
ADM hedge  long big green 15min bars,,has broken over yest hi, 3250ish trgt today (exact # later),, strategy used on ADM yest:  bought a stock in a strong uptrend, adx over 30,,, on a pullback,, even if new highs not made over 33.55 still gets nice bounce b4 it dies,,,over 3355 bonus

941
will add to INTC swing short 19.20 limit if filled, last 1906

940
will add msft shorts 24.30 limit if filled on spike, last 2411

936
the new long in ADM added yest is up 1%,,,holding for now swing,, will add to msft and intc shorts later

tues 912 am
TZA looks good at 3575 here but i'll wait to try for 25.55,,, have limit order to buy 25.55

monday 4:47 AM
CORN /ZC is forming a bullish reversal 3 day candle pattern which may allow it to resume its previous powerful uptrend since August. This is favorable to the etf DBA.

monday 4:40 AM
Interesting action in /ZB 30 year treasury: the 60min right now has a bear shoot star, BUT it surged to put in a hi just over the previous 9/28 high. However, right now i don't consider it bearish since the daily is a narrow range body so the shoot star is not that large. After making the new hi, ZB declined near yesterday's close and held its support at that level. ZB action will be reflected in the etf TLT.


monday 4:40 AM
CL oil back up,

monday 4:40 AM
ES< 1140 bearish to go back down, over 1140 then 1144, 46, 50, 53 trgts,, testing 1140 right now


monday 1131 pm
OIL cl is seeing some heavy volume selling now, for 1130 PM,, still short via sco

* 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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