Friday ramblings (and Thurs eve / Friday pre-market ES Futures)

406
spy wicks AH down to 122.30

342
that euro candle daily is v bearish, almost enfugling,

330
my


4pm signal swing is still on long

sso so i have a little of that buts

its well in profit zone if gap down

monday,,,am also short jp
 
short jpm intc csco,,, i'll hold the sso unless signal changes at 355pm


329
jpm small bear flag 3min measures to 40.34 below the 4060ish supp, last 4085

318
jpm short holding other half of scalp prob until the close,,,holding swing jpm short too

306
4099 jpm R

303
will take half of jpm scalps off here to lock 1/2% profits

303
*4063

302
jpm target hit again,,,now 4069 next on jpm if 4077 breaks

259
4073 rev trgt from 4076

258
are those financial shorts that were squeezed re-shorting here????

252
4077 next jpm trgt,,,the 4088  just hit :),, stall or bounce at each trgt is normal

250
poss qqqq island top, eve stars but needs confirm in coming days of course, exhaustion gap

248
spx could get a dark cloud cover it moves lower

247
look at that bearish BAC daily candle,,huge shoot star

242
4101 jpm trgt now for stall then lower

221
theres the 1217 test from sell alert 2:06pm,,,bias is to break lower

216
hit 4096 below 4098 trgt and bounced,,,now trgt 4088

215
4097 JPM trgt 1, stall then lower after bounce poss

212
intc  has small bear desc trianlge measures to 2093 trgt

206
es sell alert to 1117 trgt test

150
hmm big red 3min jpm candle here 4120 to


4107
 
 
124
rectangle type thing (or maybe mini bear HS) on ES 60min suggests break of 1116 would have 1110 trgt, but that trgt is below horiz 1212/1211 supp

122
inverse 3 methods, that is

122
an ES backtest to the high of day could still paint a bearish 3methods 60min pattern, would need confiirmation of course, but it would be a modified reversal pattern not continuation up if triggered

1259
csco hit 23.88 low of day,,,covered .92 or 4 cents over it,, still see lower csco for swings anyway,, CSCO does report earn soon tho, Nov 10 i think

1254
still watching 1216 support to hold/break,,,bias to break lower later

1233
4063 trgt JPM to start, last 4109

1232
jpm may want to retest HOD, unsure, at 4134 but will try short here to participate

\1231
short scalping JPM 4102 here

1222
JPM scalp 4120 could work if filled, last 4103

1219
might reshort csco 2404 scalp, unsure,,,still holding csco short swings

1217
filled as the .91 trgt is hit

1217
taking csco off here 23.92 from 2416 to lock profita

1216
under 2407 csco  v bearish intraday,, hurdles that should take profit scalp to reshort later

1214
large scalp pos would take half off here  csco .95,,rite on the dtl support 3min to lock profits, conserv would take profit too, aggressive would hold for lower .87  .83  .75,

1213
i think 1186/90  ES may present buying long opps later

1210
.87 csco cover if able instead of .91,,,changing based on time movements,, thats 2 cents under the .89 trgt (yest low simpl trgt)

1201
csco .91 lim cover if able, last .96

1200
also if es closes 60min under 1217ish then we have a bear engulfing/harami type thing

1157
later today might try scalp long XOM but no entry yet,,mayb 6940/6960ish idk, not swing just scalp

1146
will try .90 then .93 if cant get .90

1144
for csco scalp i'll still cover at 2393 from 2416 short basis if able, for 23 cents on non-3x etf,,then re-short bounce later scalp, last 2397

1138
csco hit its 2402 trgt from hour ago,,still see lower

1108
csco sell alert 2402 trgt last 2408

1028
csco 2393 trgt for 2417 scalp short,, may only get 2407, 2401

712
atm, euro has erased all of yesterdays gains and is now lower

710
euro broke 14100 to  14082ish n bounced,,,watching to see it stays under resist

705
BAC premkt is printing 12.00 down from 1213 while intc is holding at 2096 premkt

703
euro could cause es to run thru the 1211.50 support with little or no bounce, if THAT happens then 1211.50 could turn to resist not supp

656
1211.50 ES support, watching for hold bounce, then see if breaks lower

654
141.00 eur
should bounce but see lower later,,
no bounce would give fireworkds
in es and euro and dx, 141.11 last eur


641am
Key Euro support is at 141.00, over that it's bullish. If it breaks below it, then euro may have given a false breakout and could mark a reversal lower in coming days.

6:18 AM
as expected, euro bounced to 142.30 then broke below 141.83, last 141.57

1:59 AM Friday

141.83/141.85 euro support being
tested now, expecting bounce
then break lower



* 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".