Tuesday ramblings (and Mon nite futures)

755
450,000 sold red eur/usd last 1.3924, bearish euro

701pm
EDZ is 3x,,, EEM is 1x high vol

701
Also, EEM short looks good,,, actually looks better than tza,,, have shorted EEM at 46.01,, EDZ 24.52

503pm
6million shares of spy just printed at 116.60, bear wick

417
tza moving up higher as intc pops higher, hmm

415
SPY wicks afterhours down to 116 fwiw

401
watching for any possible INTC earnings effect as they report soon

400
60 min ES forming a bearish shoot star,,,watching to see if bulls repair it in next 15 minutes

347
but still no swing buy long for TLT

335
TLT moving higher now and possibly bottomed,,,bearish for spx if so

316
ES testing its hod but tza not at its low

254
theres TLT 103.43, lower

228
i'm holding the INTC short overnight, if chart looks like this, into earnings report,,, can get a CAT 5 hurricane after earnings tho,,,,

222
unbelievable,,, my tlt was stoppped out at the exact low of day,,,grr

220
BAC short here looks good at resist,,,1338, doubling short position size swing

206
.62 tlt stop from .66 to give lil more room,,hit .74

204
after fomc,,, went up first,,,often first move is wrong,,,,

watch for a second move down,,,also if ES cannot make new daily highs over 1165 that would be v bearish


156
wow so far TLT survived theposted stop at 103.66 by 12 cents,,hit 103.78,, may get stopped out but last 104.03

154
btw todday might be fun AH too,,intc reports often cause activity afterhours

113
still bearish intraday atm,,,just pointing out both sides,,,neutral here actually at this minute

112
also having ES this close to highs could be good for bulls into 2pm, as the volatility after fomc could push it over to new highs,,,v tricky


here now
 
 
108pm
grr TLT acting up,,,stop at 103.66 which will be a loss from 104.26, tight stop cuz prob wants .47 if .66 breaks,, TLT chart is not strong enough for me to lower the stop to allow more room

1249
i will tza 2457 limit sell if able, will likely re-invest those funds elsewhere like sco, euo

1236
intraday sell alert signal is neutral now, could change again

1211
sell alert is still on for me, 80%

 1148
82% sell now

1146
sell prog alert 78%, for 3-57 min trigger

1058
ES 2 point drop alert from 1159

1047
1160 ES is resist horizontal and also 60min DTL

1029
in tza 2404 scalp

1021
ES should pull back here now from 1157/58

1018
ES could go all the way to 1161 and still be bearish on 60min

1014
tza 2419 here could work

1010
charts suggest ES has not yet put in low of day at 1152

1008
could trigger in 3-57 sell alert
could


trigger in 3-57 sell alert

here ES 1156,,minutes,, on sched

for 7 min trigger now
 
 
956
intc ever so close to cracking,,,hit .45 under .50 and bounced,,,watching for sustain under .49

951
tza 2511 trgt,,,expect it to break higher over that but pullbak first,,hence sell .97 then try buy back,,,50% only in case no buybak opp

949
tza 30 cents from target #2

947
if intc breaks 1949 its in trouble,,,last 1956

946
tza just hit target 1 at 2440 but i'm trying ffor .96 on half

942
euro falling,,,broke key support but followthru needed,,,bearish while under support

941
gold and oil both selling off also :)

938
TLT is moving up too,,,still long tlt swing

935
INTC testing the impt 1956 support area,,,watching to see if that holds or breaks lower today

934
stop is under LOD tho,giving breathe room

933
thus far,,,tza is a gap n go up up up,, watching for break below LOD

918
ES has both shelf resist and DTL resist 60min at 1160

906
limit



order to sell half tza at 24.96 and


keep other half,,then re-buy lower
 
904
today trichet also speaks i think,,watching poss effect on euro,,,

820
BAC continues its miserable decline, good for BAC swing short,, unsure whether holding the INTC short or not after 4pm into earnings report after 4pm.

815
CORN continues its parabolic 25% move higher and is consolodating now at yesterday's low/close but still over its gap up, still bullish for corn but no new swing entries yet,,, will wait, having taken 22% profits in 5 days yest

810 am
EURO has broken key support but the break is marginal thus far,,,watching for followthru down or bounce up, bias still bearish for now and still short euro.

GOLD's action was similar to OIL, still newly entered short in gold

Tuesday 8:07 AM
Overnight oil futures, oil did continue lower as expected to a low of 80.89 but has since recovered and is now at 81.94, close to yesterday's close. As long as oil remains under 82.75, it will be in a 60min downtrend, so watching this one here.


Monday 927pm
got the expected break lower in oil under 8180 last 8160 with 8110 then 80.30,,, a daily close under 80.30,,, 80.30 is v impt: a daily close under that, or a gap open on tues under it, would be v bearish for oil and send it to its lower swing short targets.

* 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".