Monday ramblings / ES Futures Monday pre-market

419
next POMO is Nov 4

414
for me, uso over 3550 is bullish, break under that may setup another short opp in oil or long SCO,, else may even consider long oil later

414
OIL: uso has a bear black candlestick today but this needs confirm,,,limbo here,,,charts till warn oil may go higher,,,

407
119.07 up is first spy wick AH,,not that many shares on 11907 tho,, 105k

356
keeping half csco swing, but scalped csco 2317 short ,,cover 2292 for 25 cents profit for a non-3x instrument,, sds up 40 cents

354
coverd .92 csco,,still have half

352
2286 lim cover if able 50% csco

343
csco headed bak down :)

315
and wfc drops from 2600 to 2560

314
institutional sell alert, 74%,,,


311
1172.25 ES intraday trgt

308
jpm now down 3714 from 3780

306
aapl is still over 300 but may not surive a 3rd test there,,, a close under 299should bring the qqqq lower for swings

304
es suppport range 1176-80 v impt intraday tday,,has found support 1179ish b4,,, still bearish intraday es under 1181

259
the vix says it wants higher vix, bearish spx for swings

241
ES just hit 1179trgt 117925 but see lower still,, came an hour late on the trgt

240
intc is the only stubborn short but i remain short intc,,still see a hard fall intc swing

238
whoa 3738 jpm falling like a rock now :)

236
jpm 3675 trgt ,last 3749

235
wow JPM just dropped 3785 to 3752

231
csco will prob stall at .87 b4 .78,,,,watching to see if .87 reacts

228
csco makes a new lower low of day :)

219
watching the es 1182,,,not sure if it will hold much more tests b4 break

215
csco is rite at 2301 now,,,may bounce to 2310/17 but think it will crak lower,,if it cracks then 2377 next to fill the order to cover half

211
hmm JPM now beginning to weaken also ,,,i am still short that

207
but there is also a poss bull inv HS on 15min csco,so wtaching both ways

206
csco 15min bear desc triangle forming that points to 22.70,,,below but near the 22.75 trgt and below the .77 limit cover half shares,for now,, its helpful when chart patterns point to targets that are also close to horizontal pivots, as this one does

204
csco continues down nicely,,still holding for lower trgts

139
ES is right at the 3min DTL testing now,,watching for reaction up or down,,,3min is newly est so less strong R

131
watching for a wedge to form in 15min down

128
its 1:28 pm,,,1 min from target time,,,watching reaction here

111
japanese candl analys says if the es gets a 15min close under 1180 then it likely wont see over 1187 rest of day

107
es trgt 1179 by 13:29pm at curr velocity

103
poss mini bear M in 3min es 1179 trgt if triggered

1257
8350 would be an early short at R,,but i'll wait

1255
as expected, oil has moved up,,,looks like more up/sideways oil if 84 breaks higher /cl,,i mentinoed friday oil wanted higher

1254
LOL i mistyped csco as ccso---that stock is $2.35 !

1253
charts suggest ES low of day is not yet in

1250
limit cover half csco if able 22.77 to lock profit,,letting other half ride lower to 2200 2150

1231
1million shares SPY green,,,300k red,,more chop expcted

1230
higher is ok,,,i'll just add more,,,missed the 2335 entry

1229
csco is now testing one of its multiple trendlines now,,why i added some here, on 15min chart

1226
csco is a comno scalp/swing,, adding bak shares that took profits on at 22.86, last 2317

1225
adding more csco shorts here at 2317,,,will try to add more higher if able

1149
es resist 3min horiz 1186, dowtnredline 118850

1143
still have same csco trgts,,,would still be surprised that it doesnt bounce at 2275 if it gets there, lastr 2302,,, expect bounce,then break lower under 2275

1137
grrr missed the add csco short by about 5 cents,,,now dropped to 2202,,,still looking to add more on bounce, have 50% size atm

1105
15min ES watching for poss diamond pattern to form, half done now

1043
*119.60 LOL

1042
program trader has limit short spy 116.60 to hold for over 15min, all day, (or could use long spxu sds there)

1036
csco has fallen lower, no fill on the "add shorts" but charts still suggest it should pop up too allow adding in coming hour/s

1007
short swing lim 2335 csco if filled, last 2326, this is to re-short the 50% i took profits on Friday

943
1million SPY red traded just now, 119.31

934
sds swing (long sds, short spx) from 2740 and 2705, to hold for days weeks

024
good morning.

See post below about swing short position.


* 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".