Friday, February 25, 2011

Friday ramblings / Thurs eve futures

415
for ES,, HeikinAshi chart (vs traditional candle) shows the last 4 days as all red, with today a long leg doji,,,tho doji interpretation on Heikin is different than normal candle dojis,, on Heiken today was red not green,, for SPY   QQQQ Heikin is green today

346
SPX is up today, but about 10 of the dow 30 stocks are "red", from yest close not open

335
my software is throwing a sell signal into close but i'm not trading it

327
we could go lower next week,,,a look at SPY shows that usually tho not always the red weeks come in 2 or 3 candles, weekly chart (of course not the last one hehe)

325
if 1317 es breaks it could sell into the close,,,1318 last,

309
DBA 34.72 here short could work too,,,the higher short trgt was not hit 3489

302
IBM short at 162.03 could work, 162.66 not hit, may be hit, but this looks reasonable here too

242
DBA short 34.89 could work, last 34.73

216
stopped out of remaining DUG

213
IBM short at 162.66 could work, last 161.82

200
TYP 19.65 could also work, swing, last 19.84,, personally i think TYP is better than DRV,,

129
DRV 14.93 long could work if its hit, 1508 last, swing,

1244
UNG has broken higher, nice big green candles now

1227
SPX got the move lower, followed by bounce as expected,,,bounce not done yet, watching reactions,,,poss short spx setup coming but no entry yet

1219
UNG just hit 531 or 1cent under 532 resist trgt,,,see higher but watching reaction here

1214
euo 60m has bull inv HS

1146
in coming days, DBA may be re-shortable,,,watching 60min chart,,,still needs more work before entry,,,expecting a move down to a lower low after the move up finishes,,,,then maybe reverse long, in coming days weeks

1140
1316 last spx

1140
Daily spx: poss in wave 2 up here, with a w3 down to follow to new lows

1131
15min DUG in a coil i expect to break to upside but watching,,, monitoring for exit here if needed to lock profits, holding for now

1126
a close over yest hi would confirm the UNG bull hammer from yest,,,,its currently above it and confirmed atm

1122
532 next resist from ung, and it may break it htis time higher without a pullback, on the third drive to a high

1118
for approx 11% and 22% roi trgts

1117
UNG continues basing, and i still expect a breakout higher toward 5.80 and 6.40 targets (approx trgts, more precise trgts later), last 5.22

1030
DUG just testing .30 area and held thus far, wtaching closely here,,,poss bull hammer forming at support on 3min

1022
SLV is silver etf

1022
silver 60m may be forming a rounded top, unsure,watching

1014
i'm looking to re-short NWSA but its too early here, having taken profits earlier on the prior short

1004
i'm CANCELLING the order to short GILD, will do manually later maybe

1003
the hard stop is in place just in case of a fast move down that doesnt allow time to place an order to get out fast enough

1002
i have a hard stop 2807 on DUG, over cost to assure no loss on remaining shares, mental stop on 2830,,,if 2830ish doesnt hold i may exit to take profits b4 the 2807 is hit, will observe reactions

942
i have an order to short GILD 3946 if filled,swing, target 38.00, 36.50, 36

931
Poss bull morning star pattern on EUO this morn as it gaps higher. will watch for confirmation.

* 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".

No comments:

Post a Comment