wednesday ramblings (and tues night futures)

444
conversely corn ZC has inv bull HS, on a gap up since 10/10 on 60min chart

439
gold chart /gc has a bearish head shoulders topping distribution setup in 60min charts since oct 5

438pm
oil will keep shifting around until the 80-84 rectangle breaks, or a coil/triangle inside the rect breaks up or down. the 60min chart of oil CL for last 90 days shows what looks to be bearish distribution to be followed by a move down, but need confirmation of that,,,could still break higher out of this consolodation

414
WFC daily low was 25.60,,, covered half of shares using posted limit order 2562,,, just 2 cents from low of day

405
spy bear wick 117.40 AH, also supports poss gap down theory from earlier today

357
dollar looks like has unfinished biz on upside

348
es 1177.50 looks like good short to hold swing,,multi hours

338
here is csco at 2536 trgt but not adding swing shorts here,,,have enough for now, but entry looks decent,

334
i'm a bit


surprised (tho happy) that wfc has

not rallied more with spx here

since 1pm
 
315
if we close "like this",,, looks susceptible to another gap down tomorrow, tho it is POMO day

308
adding some DBA here to trade corn agricul etc,,,2956 with 2872 stop for now, swing,, been in the dba multi months now

305
may go long scalp on DBA b4 the close in add to swing,,,looks like it may break yest hi, if so may pop up nice

254
i still see lower es to 1170 trgt and other trg

253
filled, wfc profits locked on half :)

250
.55 trgt in wfc today but will take some off .62 lim if able,,,same lim order from 9AM

249
wfc not participating in lil spx rally,,,its at low of day

248
early entry,,normall would wait to see if 2011 breaks or holds but took the early entry

247
adding more intc swwing shorts here 2009

238
another red sale wfc... 196,000 shares at 25.65

237
still see much lower swing trgts in coming days weeks for wfc tho

236
impatient could take part profits here WFC .68,,,still waiting for .62 limit fill for now

233
a 15min candle close under 1169 es would suggest that es wont see over 1176 rest of day

231
tlt 60min


rocket hammer,,,15min bull

harami/engulf type thing
 
 
230
tlt intraday has turned mildly bullish too,,with bull dollar,,,puts pressure in spx

227
anoterh 100k red sale in WFC,,, 2569,,, they keep getting lower,,, 2580,,,2570,,, 2569

219
WFC now only 7 cents from trgt #1 down

214
expected up then down

213
that was up in wfc,,now watching for the down piece today

207
csco 2336 i may add shorts swing

205
100k red wfc 2571 just flew past,,,,up then down in wfc

201
vix over 2150 is bullish vix to me

143
wow dx now just 10 cents from .60 trgt,,,if that .60 breaks higher,,,spx drop,,,should stall first .60 test but watching

141
still see es


another push down,,,lol broken

record
 
 
138
6min poss break of .70 wfc

136
csco intc euro all near lows

133
wfc should drop here toward .62 trgt

119
expecting WFC to hit .62 limit cover, bounce, then hit .50

118
atm charts suggest good poss break the .60 today but could change,,,will watch reaction at .60

117
pullbak in dollarat .60,,,then eventual break higher tho mayb not today

116
dx almost at its .60 trgt from 9am,,, last 7845, if dx breaks .60 then watch out below in spx, should stall there tho

111
or,,,stepped aside to cover their shorts lower lol,,,watching

111
MrtMkr testing now,,,to see if buyers show up,,they  stepped aside atm

109
still see another push down es

1256
if he recouped at the 2586 then wfc should see the 2562 trgt

1254
institut selling but the MarketMaker is now long, thus over 2580 and under 2580 expected,, the MM must recoup

1254
which suggests chop and volatil poss on the wfc

1252
WFC just printed a single sale of 962,000 shares at red 25.80

1244
ES could see 1167 by 117pm,
1241
es hit 1170 trgt but have the 1169 rev trgt too unhit yet

1239
i'm waiting for stabilizatino then will short treas via TBF 1x swing,,,no entries yet

1234
1169 ES


setup last 117075
 
 
1222
failed W thus far

1222
wfc 133t chart shows dbl top bearish from 10/26

1207
last 2577

1207
lim cover half WFC 2562 if able to lock profit

1201
yup,,,vix also has a "one more push up" setup, and 60min bull flag

1149
WFC is rite on support of new 3min coil...watching for break lower or not,, 2561 trgt on break

1146
another sell setup strong enough to break low of day for 1167/65

1146
2 point ES drop setup now at 1172

1142
es may stall here,,,rocket may sputter 1172.50

1128
WFC may have just made a lowr hi on the 15min chart finally,,,watching reaction to support test next

1115
ES still on sell alert,,, past 1112 AM but alert re-leased renew

1108
good for shorts
csco at 2309 from 2400ish,,,intc 1982 from 2000ish


1104
es overshooting the 1167/65 trgt poss

1104
4 point ES quick drop could happen

1103
i still see one more push lower today

1100
from [10:44:09] : could



make lower low by 11:12 AM,, ES made lower low 12 min early
 
 
1044
es could make lower low by 11:12 AM

1038
when aapl CLOSES under 299 that should get the qqqq moving down

1033
we could bounce a lil here at this support but charts suggest low not in yet for ES

1028
MM testing support here and have stepped away,,,they watching to see if buyers show up

1026
if dx breaks 7866 then es can break under the 1165 but for now 1167/65 trgt

1024
ES has broken low as expected,,,this only stage 1 sell,,,stage 2 expected for more down

1021
its strong enough to break low of day if triggered

1020
ES sell alert. at 1176

1010
dx looking like will make trgt up

1009
wfc is testing support on its rsi now 15min chart,,,watching reaction,,expect break lower but may chop around first

1006
EUO continues up :)  (euro down, dollar up)
INTC remains near 20.00,,,short now a little red there


952
running up es b4 10am reports,,,watching report reaction,, often drops after pre-runup

946
crazy range on WFC,,, huge 60min long leg doji

943
dx remains over 7785, last 7807

942
vix 2150 trgt, over 2170 bullish vix bear spx, last 2132 and rising

934
still swing short csco intc,both green

929
same trgts wfc,,, 2552 and 2533 with lim cover 2537 if able for half of shares

927
finally WFC has moved lower 2572 from 2591 yest close

wedn 817am
BAC holding 11.31 despite ES down 5.75, will eval for partial short cover of WFC short

605pm
dollar /dx bounced, as usual has gaps all over unlike smoother eur/usd

tues 504pm
136.31 is next swing euro short target, eur/usd approx trgt for EUO etf is 19.69/72

* 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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