monday ramblings / ES Futures Sunday night

406
more noteworthy is the SPY red sale 1million shares at 120.17

405
spy 119 down wick AH

359
on 60min ES,,,the 60min UTL supp broke and now backtested, but the trend remains broken atm

358
dont forget, we did make a lower low today

356
POMO tomorrow,,, then next 11/29

354
that lil rally, that looked like short covering right there,,,no large block orders, yet anyways

333
1452 xlf trgt then may cover some shorts on xlf eem spx es edz faz etc,, or 1454 LOD

321
i'm looknig to enter TYD on a pullback swing long 7-10yr bond

315
xlf is sick *-)

311
eem spx qqqq xlf all  remains on stay swing short

305
355 PM signal: TLT is now signaling swing long, a change from last 4 weeks short, to close shorts tlt, tbt etc

247
filled on more eem 4623,,edz 2340ish

246
*4623

245
i'll still take 4624 if able short eem, last 4620

244
yea,,,kinda scary to short this week,,but xlf is really bearish atm

243
eem hit 4614 or one cnet over 4613 trgt but didnt add more short yet

239
warn: XLF 3min: not rallying here with spx

232
eem more shorts 4624 if filled, last 4609, may take .13

222
tricky here cuz es still in 15min down channel

214
"dont


fight the trend,,, dont fight

Goldman Sachs" lol,,,tho the MM analysis

tricky atm
 
213
my MarketMaker analysis says they r still short intraday,,,expecting lower spx,,,will see

208
UNG just hit my 609 trgt :),,, tho i exited a bit early 605 cuz saw 600 coming

200
81% sell

158
i'm bearish while under 1192 es

155
118850 es was sell alert

154
es sell alert 80% confid,,other sell alert earlier today did trigger nice downside,,,sometimes will pop higher first

153
es 1190 trendline R

147pm
took 13 points on lhalf of last es trade 1197 at 10AM, trying for 6-8 here on half ,,,faz and edz r outperforming spx shorts

1338
not sure how much will get of 1188 short,,watching reaction at this R


1337es 1188 short

1336
shorting



again eem 4605,,, 2372 edza
 
 
120
1188 ES still resist,, should hold down on first test, watching

119
considering another day short EEM 4609/4611ish,,waiting to reenter,,still have half of EDZ day from 2300 last 2384

108
still have higher trg later in ung but taking the 11.5% profit on a non-3x etf

108
i am taking half of ung off here,,,close enough to 608 trgt, 605

103
is the es 60m setting up a complex bear HS from 10/27? mayb, for swings


1254
11.5% ung now,, looking for 12.0--12.25% roi ish

1253
UNG... 3 cents from trgt,,, cmon lol

1251
me waiting for green bar then backtest

1250
es hit 118250 or half point from 1182 trgt,,,me chikn for long tho LOL

1249
EEM nearing the 4564/4573 trgt

1248
like a key reversal day tho were r not at top

1247
right now ES has a bear engulf daily,,,totaally engufling yest hi/low range

1244
dow only down 135 pts,,,open to 1179   1172 es,,just watching and will cover shorts at stalls and move up

1234
still looking for xlf 1442ish trgt down,last 1456

1232
edz scalp now up 89 cents,,, 2389 vs 2300 entry this morn, for remaining shares :D

1231
1188 ES should fail on first test on any bounce there,,, es made lower low as expected :)

1229
eem now at 4600 support trgt

1228
4577 EEM trg b4 the 4519

1226
wow EEM trgt 45.19, last 4611

1224
maybe then wanna form a 3min,,,guess what,,, inv HS

1223
sell alert in ES for a lower low

1221
eem: 10min: a bear flag that broke lower and backtested for lower,,,or higher first? watching

1218
if 1188 breaks

1217
es 3min rec trgt 1182, tho supports at 118850, 1186

1211
es now approaching the "long scalp" setup i mentioned 11:37 am but no signal yet

1152
eem does have resist 4625/23 which could work for short, but waiting, not taking scalp

1141
may also want 620 and 700 so only selling 75% shares,,,

1140
UNG now at new high of day,,, 9 cents from its sell take profit trgt,,trying for 12% vs 10.75% roi

1133
sellers r likely lurking at es 1196 if it gets there,,,should turn down on first test there

1126
596 last, 608 will give 12% roi

1125
lim sell 75% ung 608 and try to buy bak lower if 608 is hit, 610 trgt

1113
es 3min stoch over 80, then under 20, then 20flat might present a long scalp opp,,,will take awhile for that to form, bias


down while in the wedge
 
 
1110
a 3min bull diverg es is forming but seems too weak to trade it long atm to me

1109
rigth now, its in a wedge, till broken over the 1192

1107
if es stays under 1192 will be forming a falling wedge,,,higher could be a downchannel instead or reverseup

1105
MrkMaker analysis says EEM should go over 4617 then lower under 4617 maybe under 4600,, will try to short the bounce,,,,never got the .37 short fill for more scalp, still have edz swings

1104
118750/1186 es trgt

1103
theres the ES break, 1min later

1103
eem making lower lows daily intraday now, new LOD :) new highs in edz

1059
grr missing trgts by one cent today,,, xlf hit 1466 not 67 and pulled bak,,,still see chop

1057
already hit 1429 or one cent under 1430 trgt,,,just waiting atm

1055
*4637 not 4638 to short EEM scalp,,,edz,, my trgt is 4638 but placed order a penny lower to assure a fill if trgt hit

1048
1442 xlf, bring it on :),,, last 1461,, for faz 1320/1330ish,, not likely str8 down here of course

1046
XLF warning,,,precarious,,barely holding sup

1041
lim order in to short the eem ,,,edz, at eem 4638

1040
i will wait for 4638 EEM,,,not .30, last .27,,,if stall then maybe go for .30ish

1036
exiting the EDZ scalp piece to lock 1% profit and will try reentry eem 4630 if able, last 4621 EEM

1036
impt: watching reaction now xlf at 1462 supp test

1032
taking 25% of shares in faz off here 1223, still see higher, for an easy 1% profit

1031
WOW the EEM is now at its low of day after running up with spx :)

1031
the 3x bear is approaching its first trgt now

1030
but i would wait for reaction at xlf 1462 first

1029
es long at xlf 1462 could work,,,es stronger should bounce at the support, for holds over 1hour, scalps not swing

1026
1443 is my "real" trgt for xlf short on "the bear 3x eftf"

1024
MM analysis suggests some chop here

1023
EDZ is at scalp 18-20 cent prof trgt now,,only selling 25% tho

1020
agressive could do faz here 1211 to short xlf, faz 3x bear xlf

1014
in more sustainable rallies, usually the xlf will lead up, not lag like this, "usually" LOL

1014
notice the daily xlf,,,its still in a clear downtrend unlike spx chop

1013
1462 xlf next supp, last 1469

1012
warning: XLF is at its LOD, testing,,,watching for hold or break lower

957
shorted eem 4651 cuz was near prior day hi 4655 yest

956
notice how xlf is just stuck here and not participating,,will short that later

955
shorting eem 4650,,,edz 2301 for swing/scalp combo

947
still holding the UNG long, now at 10.25% roi,, next trg 609,,maybe breaking higher here just a lil over yest Hi,, the 609 may present an opp to exit and take profit on half, and hold half,will watch reaction if it gets there

941
this 1192 ES pivot is impt: was resist on 11/13 then broke higher n turned to support, then broke lower again 11/16, then higher on 11/18

937
xlf continues weaker than spx this morn

934
same swing targets for EEM and SPX multi-week shorts,, now in week 3, weaving in and out on half of shares and simply holding other half thru the chop until signal changes to long

919
1187.50/1186 next ES down trgt support

917
its interesting that tho ES spike higher on Sun nite, ZB 30 yr treas futures did not fall much, and now have big green candle, diverg

746
atm charts suggest a test, bounce to lower hi 1200/1202, then under 1194, es 1200 is now resist

Monday 740 am
1194 ES is 60m trendline supp and horiz supp too,, over 1193/95 is bullish ES, under that turns bearish on trendline break 60m

So the first test of 1194 will likely hold, may be testing now at 1196

* 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".