Friday ramblings / Thurs eve futures

403
TLT gapped up today and actually closed up green, near high of day but also at resist from 2 days ago

314
will also hold most euro shorts, 2.6% roi on them atm, may take a few off

313
vxx scalp is red atm
...........................................................................

313
will hold silver shorts longer overnite,,still see lower,,,may take 25% of shares off to lock profit on those ones

312
2846 lim sell vxx scalp if able makes sense

256
5 methods is somewhat reliable if confirmed,,,because its a 5 candle pattern it "looks like" the downtrend is starting to reverse cuz of 3 up candles,,,but then boom back down,,,traps

255
poss bearish 5 methods continuation lower pattern, in EURO 60min, forming, not finished or confirmed,,

254
euro could go higher as there is another R level above this one,, last time it did not make the 2nd level

253
EURO is at intraday resist here,watching reaction, may turn down

145
adding 2nd piece of vxx scalp 2822 here could work, 2820 last

143
lim order to sell half vxx 28.74 makes sense,

140
cancelled zsl,,,never got a fill, going with existing SLV position, may add more later

114
i'll do ZSL lim buy 9.87 (2x silver bear) in add to existing SLV short from higher

1240
lim sell half of vxx scalp 29.21 if able makes sense for vxx scalp from 2847 this morn

1221227
swing,,160 trgt for ibm lower, then gap fill


IBM 60min bearish

1222
watching es reaction at 1320 newly est support if it tests there

1219
SLV silver moving lower,, 2900,, 2879,,, targets

then 2803 next trgt,,,trying for min 2803ish on the swing short if poss (from 2961 short entry)





1213
at *1322 es

1213
sell signal on ES just flashed at 1222,,,may trigger selling in 3-70 minutes, depends,,often it will bnc higher first but not always



1209
look at 15 n 60min euro chart vs es, bearish for spx

1202
lower euro may help the silver shorts also

1200
for currencies, sometimes wave 5 is bigger than w3

1200
euro "might" be in wave 3 down now

1159
if euro breaks support then next trgt is approx near the lower daily boll band

1151
euro falling but has not yet broken prior low

1149
and 60min rsi has higher lows

1148
15min TLT stoch 14,3,3 has a Bull W formation with a bull diverg on the dbl bottom of the W

1126
yea just a thought,,needs confirm,,, but TLT is up,,, Dollar is holding near support n could break higher,, euro resist holding and could make a lower low...vix did not make lower low daily,, all suggests toppiness

1113
idk if we get it, but if ES closes below yest low, we will have a bear key reversal day, at the top of a move in ES daily

1107
ES makes new highs,,,
 IBM  COST   GILD far behind, no new daily highs,
CAT surging higher, entered short too early but still see lower CAT

1106
silver getting volatile here,,,big red candle 3min SLV

1047
lower euro could put selling pressure on es spx qqqq

1045
euro 15min: bear haramin, needs a close under its 15min low to confirm,, euro 60min remains in downtrend even with 15min rally, dueling charts, bias is lower euro

1044
IBM is marginally participating in rally but the bear 60min HS remain intact for ibm

1043
daily desc triangle bearish in GILD

1042
GILD Gilead Science just keeps drifting lower, not participating with spx rally,, GILD is one of the Top 33 Nasdaq stocks

1013
1310 retest trgt,,,1310 was yest trgt that got hit overnite, think retest

1009
es short 1318.25 could work here

1008
scalp vxx 2847 could work here

954
idea only, i'm already short at higher level from yesta

954
euro futures short could work here, scalp, or euo etf 1968

949
still see lower for swing shorts in cat cost gild ibm nflx slv dba,,holding all for now, may exit slv soon

946
still short euro swing via euo at 2.85% roi,,,may take profits soon on 50-75% of it,, last euro short few days back was similar roi, double dip 2nd entry

945
TLT has a huge gap up this morn, still long there for now

942 am
CAT just hit 101.24, slightly over the 101.20 trgt to short from yest,,,should've waited to short up here instead of 100.60,,watching reaction

* 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".