352
among other things, HOT has a poss bear continuation pattern: falling methods, a 5 day pattern, this would be day 4
350
shorting HOT here 5825
345
took profits, out of CLX, 6862 vs 7008
339
NFLX has woken up a little here after sleeping all afternoon
330
i'm taking profits in CLX today b4 the close, whether stopped out or not,,its spent awhile up here after breaking 70 and hasnt moved much,,,may want lower first
141
stop raised on CL to 70.07 if that breaks will take profit and look to reenter, 7025 last
100
*JJC not jcl
1259
JCL copper MACD hist 60m ready to cross over 0
1259
copper moving higher, JCL
1224
TBT is an early entry, half size, i believe charts sugg tbt will break the Downtrend resist line from Feb to move higher
1222
bear wedges will often blast higher in one last rally and then fall hard, so waiting
1221
it looks like SLV is forming a bear rising wedge daily,,,hence this chop around,,still waiting for entry to add 2nd half of short, no entry yet
1211
tbt 37.26, back in again
1201
60m macd line on BAC, rising bullishly still
1116
long NFLX here 235.40,,, will go long and then maybe reverse short, looks like another move up b4 its shortable so going long now
1056
if spx moves lower to 1320 it will prob hold on first hit and bounce up
959
newly entered RCL short yest at 1.5% roi,,,holding for lower swing targets
947
spx spy, has the FIRST 15min stoch move down on spy i was talking about yesterday,,, still needs a second one,,,see what happens when stoch gets over 80 again,, i dont personally trade based exclusively on stoch, this is just a simplified view
945am
Many are looking to short spx,,,,i see no spx swing short setup yet
* 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".
Thursday, March 31, 2011
Wednesday, March 30, 2011
* 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".
Wedn ramblings
348
just exited msft, breakeven,,didnt move that one,,,may reenter later but many other better ops imo
343
i'm taking off my TNA today to lock profits
340
BGCP woke up,,,920 to 940 on last bar
331
stop 2557 on msft for a 6 cent loss if stopped out, and i will exit msft long today, dont like its non-participatory action
318
i had planned to hold CBG overnite but it hit support and is in daily uptrend so taking the quick 2% profit and will look to reenter on bounce,, i mentinoed that this might happen,, usually the stock will bounce on first supp test if its in uptrend
314
out of CBG and will look to reenter
259
as AMD goes higher,, the power of diversification short long in individ stocks
258
wow CBG on the move down here now
250
the same setup pushed TNA up 12% in 3 days
249
15min es has bull asc triangle 5/15 MA Mov average setup,,,often results in a move higher even if prices fall below the 15MA, timeframe 1-12 hours
239
fwiw,,,stocks with volume over 1million shares per day,,,there are about 100 "short candidtates" but nearly all of them say "wait to short,,,higher poss"
235
RCL daily since march has bear desc triangle,
155
CBG short from today still valid, 0.75% roi atm,,,watching for stalls,,its at its scalp trgt 1 but not swing trgt
150
small bear shoot star 60m ES but its small and they often retest higher,,but its something to watch
141
lim sell msft 26.23 under the 26.40 trgt if it can hit .23 today, last 25.71
129
stop on half of AMD at 8.78 for small 1% profit,,,this is meant to reduce risk moer than take profits,,,i entered twice in AMDa
114
:) stopped out AMZN .73,,,,profits locked,,,will look for reentry in hours not minutes,,, 180.73 vs 172 for 8.73 profit
109
AMZN hit my trgt but choosing to use manual trailing stop in case it goes higher, instead of taking the limit fill
108
.48 stop
104
180.22 sstop amzn, raising it,,just riding higher w tite stop as its so close to trgt
1250
i see higher AMZN but this is high enough,,,will look to reenter if stopped out
1249
179.81 amzn stop in place to protect profits from 172 entry
1241
CBG short will prob require exit first time small profit then re-enter,,,typical of shorting a stock in a daily uptrend,,,will prob exit then reenter,,the second entry should provide better roi but positioned short now in case of big move down on first try in coming days
1238
cancelled PFE short order, never filled,,,took CBG instead with a similar chart pattern
1228
from 172 and 170 entries
1227
180.80 AMZN i will sell,, a lil below the 181 trgt,,,and will look to reenter later, last 179.82,,almost there
1222
SHORTED here CBG 27.83 swing
1200
tightening stop on TNA posted Wedn at 77.03 now at 86.45 to protect profit in case of sudden downmove, 12% roi atm
1125
also looking for entries short in WMT and HPQ but not ready yet imo,,that strategy would be shorting the bounce in a stock in downtrend
1122
i will lim short PFE 21.08 if able, last 2043,,this strategy is shorting a stock in an uptrend, vs shorting bounce of downtrend stock so waiting to short at higher swing trgt if able
1118
on the DOW, the PFE is getting close to a shortable setup here i think,,,its chart is similar to HRB hr block tax
1113
the "bull asc triangle 5/15 moving avg setup is pretty cool,,,cuz allows u to buy BELOW the mov avg and get good prices,,,on that pattern a violation of the mov avg isnt necesarily bearish
1112
today, KO broke to a new daily high over 6600 at 6630ish,,,will be watching to see if this moves sustains or fails,, if it fails then i'll likely short KO but will wait for now as officially its broken resist higher
1102
on 15min chart
1101
AMD is in early stage of forming another one of those "bull asc triangle 5/15 moving avg setups" that we've been seeing in various stocks these last days
1059
BAC is at resist here,,,,larger pos or scalpers would take 2% profits on some of it,,,swing trgts are higher
1058
1332 is one trgt for bull flag in spx on break of daily high
1038
btw,,, silver has been more volatile than spx,,,making larger moves
1037
SILVER just took a dive,,, it "should" bounce and allow to add to short position, else will just run with existing shorts
1036
i'm not sure if AMD chip processors are outperforming INTC intel but i expect the AMD stock to outperform INTC
1034
AMD daily is in a coil sym tri which is getting v tite,,,expecting a breakout higher over 895 to 940, then 1025
1007
(simplified view): IWM, russell,, tna,,, i dont think they will go down signific before 2 full round trips on the 15min stochastics chart 14,3,3
1004
silver is approaching a re-shortable setup,,,still baking not ready yet,,, still like HRB shorts hr block tax
1000
SPX just hit my 1327 trgt from last week but ,,,could go higher, no short setup swing for me yet
943
CLX now holding over 70 after yest marginal break, last 7035 still long there too awaiting targets
940am
AMZN has gapped up nicely this morning, up over 2% this AM, roi at 3.6% ,,still holding long
* 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".
just exited msft, breakeven,,didnt move that one,,,may reenter later but many other better ops imo
343
i'm taking off my TNA today to lock profits
340
BGCP woke up,,,920 to 940 on last bar
331
stop 2557 on msft for a 6 cent loss if stopped out, and i will exit msft long today, dont like its non-participatory action
318
i had planned to hold CBG overnite but it hit support and is in daily uptrend so taking the quick 2% profit and will look to reenter on bounce,, i mentinoed that this might happen,, usually the stock will bounce on first supp test if its in uptrend
314
out of CBG and will look to reenter
259
as AMD goes higher,, the power of diversification short long in individ stocks
258
wow CBG on the move down here now
250
the same setup pushed TNA up 12% in 3 days
249
15min es has bull asc triangle 5/15 MA Mov average setup,,,often results in a move higher even if prices fall below the 15MA, timeframe 1-12 hours
239
fwiw,,,stocks with volume over 1million shares per day,,,there are about 100 "short candidtates" but nearly all of them say "wait to short,,,higher poss"
235
RCL daily since march has bear desc triangle,
155
CBG short from today still valid, 0.75% roi atm,,,watching for stalls,,its at its scalp trgt 1 but not swing trgt
150
small bear shoot star 60m ES but its small and they often retest higher,,but its something to watch
141
lim sell msft 26.23 under the 26.40 trgt if it can hit .23 today, last 25.71
129
stop on half of AMD at 8.78 for small 1% profit,,,this is meant to reduce risk moer than take profits,,,i entered twice in AMDa
114
:) stopped out AMZN .73,,,,profits locked,,,will look for reentry in hours not minutes,,, 180.73 vs 172 for 8.73 profit
109
AMZN hit my trgt but choosing to use manual trailing stop in case it goes higher, instead of taking the limit fill
108
.48 stop
104
180.22 sstop amzn, raising it,,just riding higher w tite stop as its so close to trgt
1250
i see higher AMZN but this is high enough,,,will look to reenter if stopped out
1249
179.81 amzn stop in place to protect profits from 172 entry
1241
CBG short will prob require exit first time small profit then re-enter,,,typical of shorting a stock in a daily uptrend,,,will prob exit then reenter,,the second entry should provide better roi but positioned short now in case of big move down on first try in coming days
1238
cancelled PFE short order, never filled,,,took CBG instead with a similar chart pattern
1228
from 172 and 170 entries
1227
180.80 AMZN i will sell,, a lil below the 181 trgt,,,and will look to reenter later, last 179.82,,almost there
1222
SHORTED here CBG 27.83 swing
1200
tightening stop on TNA posted Wedn at 77.03 now at 86.45 to protect profit in case of sudden downmove, 12% roi atm
1125
also looking for entries short in WMT and HPQ but not ready yet imo,,that strategy would be shorting the bounce in a stock in downtrend
1122
i will lim short PFE 21.08 if able, last 2043,,this strategy is shorting a stock in an uptrend, vs shorting bounce of downtrend stock so waiting to short at higher swing trgt if able
1118
on the DOW, the PFE is getting close to a shortable setup here i think,,,its chart is similar to HRB hr block tax
1113
the "bull asc triangle 5/15 moving avg setup is pretty cool,,,cuz allows u to buy BELOW the mov avg and get good prices,,,on that pattern a violation of the mov avg isnt necesarily bearish
1112
today, KO broke to a new daily high over 6600 at 6630ish,,,will be watching to see if this moves sustains or fails,, if it fails then i'll likely short KO but will wait for now as officially its broken resist higher
1102
on 15min chart
1101
AMD is in early stage of forming another one of those "bull asc triangle 5/15 moving avg setups" that we've been seeing in various stocks these last days
1059
BAC is at resist here,,,,larger pos or scalpers would take 2% profits on some of it,,,swing trgts are higher
1058
1332 is one trgt for bull flag in spx on break of daily high
1038
btw,,, silver has been more volatile than spx,,,making larger moves
1037
SILVER just took a dive,,, it "should" bounce and allow to add to short position, else will just run with existing shorts
1036
i'm not sure if AMD chip processors are outperforming INTC intel but i expect the AMD stock to outperform INTC
1034
AMD daily is in a coil sym tri which is getting v tite,,,expecting a breakout higher over 895 to 940, then 1025
1007
(simplified view): IWM, russell,, tna,,, i dont think they will go down signific before 2 full round trips on the 15min stochastics chart 14,3,3
1004
silver is approaching a re-shortable setup,,,still baking not ready yet,,, still like HRB shorts hr block tax
1000
SPX just hit my 1327 trgt from last week but ,,,could go higher, no short setup swing for me yet
943
CLX now holding over 70 after yest marginal break, last 7035 still long there too awaiting targets
940am
AMZN has gapped up nicely this morning, up over 2% this AM, roi at 3.6% ,,still holding long
* 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".
Tuesday, March 29, 2011
Tues thoughts
439
BAC,,,daily bull hammer today at the bottom of a trend down
420
ES is now exactly under its 60min trendline #3, resist holding on that line (line starting on feb 21 hi and connecting all highs wicks)
414
SPX is bullish as long as daily MACD hist continues rising,,also the macd line itself is almost ready to cross above 0,,with hist already over 0
356
1307 ES will likely hold on its first test if it goes there tonite, last 1314
346
BGCP finally put in a big 60min candle, still holding for higher swing trgts
340
CLX 60min BB trgt would be 7050 (50 cent range in BB)
337
60min ES has a bull W
322
CLX has FINALLY broken 70.00,,,last 70.10,,,LOL slow going but going,,, stall near .11 expected, maybe .22
319
HRB not participating in rally, good for shorts there,,,tho some pain on the HOLX shorts,,still holding the longs in AMZN AMD BGCP BAC MSFT
303
spx now has bear diverg on 3min, but they are not v strong,,still see higher spx but watching bear div
256
BAC has broken higher over 15min resist and must now break out of the bull falling 60min wedge in order to climb to the 60min DTL resist line, 1330 last BAC
255
LOL this CLX 70.00 is something else,,continues to hit 70.00 without break higher,, "someone" is selling up there but not "desperate" to sell any lower,,,when they've finished it should pop higher,,else still have the .72 stop in place to protect profit
241
BAC is at bottom of 60m channel and may bounce b4 more downside
209
long BAC 13.25 again
202
BUY alert intraday, triggered spx 1316
158
15min spx has bull inv HS which just so happens to measure close to the horizontal resist # of 1327, last 1315
148
70.11 stall is likely on first breach of 70.00 on CLX,,,will watch reaction if can get over 70
101
to me, 60min spx can continue sideways up another 4 hours,,,just watching supp and resist levels to see if hold or break lower
1252
on the dow, i'm looking at these to short, but none are ready yet imo, hence my non-dow short entries: AXP BA GE HPQ KFT KO MRK PFE PG UTX VZ WMT,, some may have another 2% or more to rise first
1238
added AMD 8.58 here long, 2nd entry, avg cost
1231
may add to the HRB short position later today, unsure, its near entry price atm
1230
60m clx remains bullish, still holding long for the break, with tightened stop still at .72
1229
15min CLX is forming a triple top: can it break 70 higher on this next try?
1156
1308 spx horiz resist broke higher, next 1328 spx horiz resist
1153
also on spx daily, spx has broken over the daily downtrend line from 1344 hi to 1311 hi with 4 touches b4 the break,,altho the break higher is marginal and need to watch to see if it sustains or is headfake,,but for now its broken daily with rising daily macd hist still
1139
CLX stop now 6968,, either holds .74ish or i'm out and look to reenter
1134
exited AEA,,small profit only 0.5%,,,i entered too early, too high, so taking the gift to exit here without loss
1117
raising CLX stop to 69.46,,will take small profit 1.02%ish if stopped out, while waiting on higher 4-6% trgts
1107
long term since august its poss amzn is forming a bear rounded top so will need to watch and take profits at swing stalls
1104
* HAS broken out
1104
amzn 176 is next trgt, then 180, then 190,, amzn is breaking out of a multi month downtrend
1048
AMZN is now at swing trgt 1,,,will hold for higher trgts, 174.12 last
1046
trying long copper JJC 57.64 here swing,,,after waiting 3-4 days
1029
CLX has been pushing against 70 for 6 days now,,,thus far R has held but expecting it to break higher to 72
1025
60min SPX trendline support uptrendline has held test,,charts say to me one more bnc b4 swing short
1021
ES spx should stall here a bit, pullback may present long opp, 131.20ish spy last
954
i may exit TEVA for 1.5%ish profits and look to reenter,,,been stuck here a few days,,,usually it will pivot higher after such,,but if .72 breaks then i'll exit, stop at .72
952
AMZN has a huge green candle this morn,,i remain long for now
951
the daily 60m 15m chart pattern on SPY will often present an opp to go long, usually requires 1-4 more hours of work
947
AEA is also up 1.4% from yest
946
AMZN is bucking the opening spx down move,,, amzn up 1.25% ($2) vs spy down 0.34%, an illustration example of how trading individ stocks differs from trading the indices
9:12am
GM
* 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".
BAC,,,daily bull hammer today at the bottom of a trend down
420
ES is now exactly under its 60min trendline #3, resist holding on that line (line starting on feb 21 hi and connecting all highs wicks)
414
SPX is bullish as long as daily MACD hist continues rising,,also the macd line itself is almost ready to cross above 0,,with hist already over 0
356
1307 ES will likely hold on its first test if it goes there tonite, last 1314
346
BGCP finally put in a big 60min candle, still holding for higher swing trgts
340
CLX 60min BB trgt would be 7050 (50 cent range in BB)
337
60min ES has a bull W
322
CLX has FINALLY broken 70.00,,,last 70.10,,,LOL slow going but going,,, stall near .11 expected, maybe .22
319
HRB not participating in rally, good for shorts there,,,tho some pain on the HOLX shorts,,still holding the longs in AMZN AMD BGCP BAC MSFT
303
spx now has bear diverg on 3min, but they are not v strong,,still see higher spx but watching bear div
256
BAC has broken higher over 15min resist and must now break out of the bull falling 60min wedge in order to climb to the 60min DTL resist line, 1330 last BAC
255
LOL this CLX 70.00 is something else,,continues to hit 70.00 without break higher,, "someone" is selling up there but not "desperate" to sell any lower,,,when they've finished it should pop higher,,else still have the .72 stop in place to protect profit
241
BAC is at bottom of 60m channel and may bounce b4 more downside
209
long BAC 13.25 again
202
BUY alert intraday, triggered spx 1316
158
15min spx has bull inv HS which just so happens to measure close to the horizontal resist # of 1327, last 1315
148
70.11 stall is likely on first breach of 70.00 on CLX,,,will watch reaction if can get over 70
101
to me, 60min spx can continue sideways up another 4 hours,,,just watching supp and resist levels to see if hold or break lower
1252
on the dow, i'm looking at these to short, but none are ready yet imo, hence my non-dow short entries: AXP BA GE HPQ KFT KO MRK PFE PG UTX VZ WMT,, some may have another 2% or more to rise first
1238
added AMD 8.58 here long, 2nd entry, avg cost
1231
may add to the HRB short position later today, unsure, its near entry price atm
1230
60m clx remains bullish, still holding long for the break, with tightened stop still at .72
1229
15min CLX is forming a triple top: can it break 70 higher on this next try?
1156
1308 spx horiz resist broke higher, next 1328 spx horiz resist
1153
also on spx daily, spx has broken over the daily downtrend line from 1344 hi to 1311 hi with 4 touches b4 the break,,altho the break higher is marginal and need to watch to see if it sustains or is headfake,,but for now its broken daily with rising daily macd hist still
1139
CLX stop now 6968,, either holds .74ish or i'm out and look to reenter
1134
exited AEA,,small profit only 0.5%,,,i entered too early, too high, so taking the gift to exit here without loss
1117
raising CLX stop to 69.46,,will take small profit 1.02%ish if stopped out, while waiting on higher 4-6% trgts
1107
long term since august its poss amzn is forming a bear rounded top so will need to watch and take profits at swing stalls
1104
* HAS broken out
1104
amzn 176 is next trgt, then 180, then 190,, amzn is breaking out of a multi month downtrend
1048
AMZN is now at swing trgt 1,,,will hold for higher trgts, 174.12 last
1046
trying long copper JJC 57.64 here swing,,,after waiting 3-4 days
1029
CLX has been pushing against 70 for 6 days now,,,thus far R has held but expecting it to break higher to 72
1025
60min SPX trendline support uptrendline has held test,,charts say to me one more bnc b4 swing short
1021
ES spx should stall here a bit, pullback may present long opp, 131.20ish spy last
954
i may exit TEVA for 1.5%ish profits and look to reenter,,,been stuck here a few days,,,usually it will pivot higher after such,,but if .72 breaks then i'll exit, stop at .72
952
AMZN has a huge green candle this morn,,i remain long for now
951
the daily 60m 15m chart pattern on SPY will often present an opp to go long, usually requires 1-4 more hours of work
947
AEA is also up 1.4% from yest
946
AMZN is bucking the opening spx down move,,, amzn up 1.25% ($2) vs spy down 0.34%, an illustration example of how trading individ stocks differs from trading the indices
9:12am
GM
* 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".
Monday, March 28, 2011
Monday thoughts
331
sold short HRB here swing , 16.71,, been watching 3 days
326
Apr 1 at 8:30 AM Nonfarm Payrolls
257
3min has bull divergences on it tho not strong ones, for intraday into close, as long as daily lows hold
228
the other day i suggested that VIX SPX would begin to get smaller range candels, we are seeing that now
143
re-shorting HOLX again 21.89
133
still waiting for entry to re-short NFLX,,,no setup yet for me
1255
exited scalp es small profit
1158
took profits on AMGN short and will look to reshort again later
1147
did es 1309.75 long via sso here 52.34, scalp swing combo,small pos
1112
cancelled msft add more,,,never got a fill,, still is good long at that price but bought AEA instead for now
1105
reentry long AEA again, 505
1055
heavy selling here ES intraday,,,watching reaction at supp test here 1312 last
1051
amgn is down 0.67% today despite spy up 0.4%,,,will hold short amgn at least until 60min bull candle comes, at 1.3% roi atm
1039
multiple positions in spwra have given about 30% roi in last 2 weeks,, will look to reetner again later if able, else will run with existing half position
1039
taking off half SPWRA here for 8% roi, holding other half
1017
still holding swing short AMGN at about .90% roi atm
1015
msft here 2568 is buyable long imo, but already have some so only want to add at next lowre supp level
1014
stops set on longs in CLX TBT TEVA to protect profits in case of a sudden downmove
1011
swing,,,i will add more msft lim 25.47 for buy # 2 if able, if not filled then will just go with existing long position
936
lim sell CLX 71.97 to take profits around 4.6% if filled,
last 69.96 at 2% roi atm
932
GM
* 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".
sold short HRB here swing , 16.71,, been watching 3 days
326
Apr 1 at 8:30 AM Nonfarm Payrolls
257
3min has bull divergences on it tho not strong ones, for intraday into close, as long as daily lows hold
228
the other day i suggested that VIX SPX would begin to get smaller range candels, we are seeing that now
143
re-shorting HOLX again 21.89
133
still waiting for entry to re-short NFLX,,,no setup yet for me
1255
exited scalp es small profit
1158
took profits on AMGN short and will look to reshort again later
1147
did es 1309.75 long via sso here 52.34, scalp swing combo,small pos
1112
cancelled msft add more,,,never got a fill,, still is good long at that price but bought AEA instead for now
1105
reentry long AEA again, 505
1055
heavy selling here ES intraday,,,watching reaction at supp test here 1312 last
1051
amgn is down 0.67% today despite spy up 0.4%,,,will hold short amgn at least until 60min bull candle comes, at 1.3% roi atm
1039
multiple positions in spwra have given about 30% roi in last 2 weeks,, will look to reetner again later if able, else will run with existing half position
1039
taking off half SPWRA here for 8% roi, holding other half
1017
still holding swing short AMGN at about .90% roi atm
1015
msft here 2568 is buyable long imo, but already have some so only want to add at next lowre supp level
1014
stops set on longs in CLX TBT TEVA to protect profits in case of a sudden downmove
1011
swing,,,i will add more msft lim 25.47 for buy # 2 if able, if not filled then will just go with existing long position
936
lim sell CLX 71.97 to take profits around 4.6% if filled,
last 69.96 at 2% roi atm
932
GM
* 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".
Friday, March 25, 2011
Friday thoughts
349
a close under 1305 ES would be bearish
348
ES is now at 60min horiz supp and trendline supp but of course we close in 12min
327
took 1% scalp profit on part of amgn,,will still hold rest as swing,for now
326
60min es trendline supp at 1307, and ES 1309 may find buyers
323
AMGN has one more trendline to break, the stronger daily one,,,if that happens in coming days then it should see 5100,,last 5303
313
AMGN has broken support :) but now watching to see if it can sustain or not for short,,,5318 last
253
AMGN is NOT moving up with spx dow spy here on this lil rally,,,so far so good on the AMGN short
202
i'm expecting AMGN to break its 15min uptrend support line,,,if it does not break it but holds then i'll likely exit this today with a small profit and look to reenter short,,,else will hold for swing
144
expecing TBT to break over its mid boll band like TEVA did, the 2 charts are very similar daily charts
143
its going slowly but TBT is managing to advance, broke yest hi but still at resist here,,needs to break over it,,,,lower tlt treasuries is same as higher tbt,,,
134
shorted AMGN 5349,,,under .70 trgt, a few less shares due to premium price paid
118
lim short AMGN 5370 last 5350
1232
sliver just dropped about 20 cents in last minutes SLV
1146
BGCP bull pennant, watching for break higher, 60m chart
1136
now looking for a SHORT entry in BAC,,no entry yet,,,waiting for the xlf to weaken and then will prob short BAC
1125
CLX may break out today, tying rite now, trgt on 60m chart is approx 1.30 points to 71.00ish, 69.83 last, still long from 6862 at 1.75% roi atm
1116
MSFT now has the same 5/15 pattern on its 60min chart,,,because its on 60min, a larger pullback first is allowed, followed by a larger upside breakout
1114
the pattern just hit its first trgt,,watching to see if goes higher or pulls back now
1112
On SPY SPX,, yesterday i mentioned the bullish asc triangle in the 5/15 moving averages, same setup as last friday in russel tna,,,today we are seeing follow thru once again on that pattern
1111
174.40 initial amzn trgt, then 176,,,last 17335
1104
msft 2566 long.close enough to .62 trgt,,re-entry after taking profit yest
1102
lim sell amzn 175.94 under the 176.20 stretch trgt if it hits that today, and then may re-enter again
1056
SPWRA is stuck, not moving at all here but is in a nice bull asc triangle daily,,,holding longer, at 4.3% roi for now
1049
ES is now near that "3 pt trgt" now but still no short re-entry
1044
looking for an entry to short NFLX again,,,but still waiting for entry,,may need another 4-20 trading hours b4 setup
1036
AMZN: same trgt as yest to start
1034
lim buy back MSFT 25.62 (re-entry after taking profit yest),,,may not get a fill, wont chase msft as there are other opps
1029
3min chart trgt is about 3 ES points higher from here
1027
TEVA long could work here for swings multi day/weeks, at 50.00,,,i'm not adding since already have a pos from lower
1022
out of SPY shorts,,,,taking small profit on SPY short,,,covering here,,,will reenter later,, from 130.60 AH fill yest short
1006
re-entering AMZN long 172.03 here,, (took profits yest, reentry,,think AMZN will meet its 2nd trgt)
trading individ stocks is diff than trading the SPX DOW indices,,,can always find longs and shorts in individ stocks
952
long AMD 8.85
942
EUO has gapped up nicely this morn due to weaker euro stronger dollar,,still a lot of work to do tho to break out higher
921am
GM
* 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".
a close under 1305 ES would be bearish
348
ES is now at 60min horiz supp and trendline supp but of course we close in 12min
327
took 1% scalp profit on part of amgn,,will still hold rest as swing,for now
326
60min es trendline supp at 1307, and ES 1309 may find buyers
323
AMGN has one more trendline to break, the stronger daily one,,,if that happens in coming days then it should see 5100,,last 5303
313
AMGN has broken support :) but now watching to see if it can sustain or not for short,,,5318 last
253
AMGN is NOT moving up with spx dow spy here on this lil rally,,,so far so good on the AMGN short
202
i'm expecting AMGN to break its 15min uptrend support line,,,if it does not break it but holds then i'll likely exit this today with a small profit and look to reenter short,,,else will hold for swing
144
expecing TBT to break over its mid boll band like TEVA did, the 2 charts are very similar daily charts
143
its going slowly but TBT is managing to advance, broke yest hi but still at resist here,,needs to break over it,,,,lower tlt treasuries is same as higher tbt,,,
134
shorted AMGN 5349,,,under .70 trgt, a few less shares due to premium price paid
118
lim short AMGN 5370 last 5350
1232
sliver just dropped about 20 cents in last minutes SLV
1146
BGCP bull pennant, watching for break higher, 60m chart
1136
now looking for a SHORT entry in BAC,,no entry yet,,,waiting for the xlf to weaken and then will prob short BAC
1125
CLX may break out today, tying rite now, trgt on 60m chart is approx 1.30 points to 71.00ish, 69.83 last, still long from 6862 at 1.75% roi atm
1116
MSFT now has the same 5/15 pattern on its 60min chart,,,because its on 60min, a larger pullback first is allowed, followed by a larger upside breakout
1114
the pattern just hit its first trgt,,watching to see if goes higher or pulls back now
1112
On SPY SPX,, yesterday i mentioned the bullish asc triangle in the 5/15 moving averages, same setup as last friday in russel tna,,,today we are seeing follow thru once again on that pattern
1111
174.40 initial amzn trgt, then 176,,,last 17335
1104
msft 2566 long.close enough to .62 trgt,,re-entry after taking profit yest
1102
lim sell amzn 175.94 under the 176.20 stretch trgt if it hits that today, and then may re-enter again
1056
SPWRA is stuck, not moving at all here but is in a nice bull asc triangle daily,,,holding longer, at 4.3% roi for now
1049
ES is now near that "3 pt trgt" now but still no short re-entry
1044
looking for an entry to short NFLX again,,,but still waiting for entry,,may need another 4-20 trading hours b4 setup
1036
AMZN: same trgt as yest to start
1034
lim buy back MSFT 25.62 (re-entry after taking profit yest),,,may not get a fill, wont chase msft as there are other opps
1029
3min chart trgt is about 3 ES points higher from here
1027
TEVA long could work here for swings multi day/weeks, at 50.00,,,i'm not adding since already have a pos from lower
1022
out of SPY shorts,,,,taking small profit on SPY short,,,covering here,,,will reenter later,, from 130.60 AH fill yest short
1006
re-entering AMZN long 172.03 here,, (took profits yest, reentry,,think AMZN will meet its 2nd trgt)
trading individ stocks is diff than trading the SPX DOW indices,,,can always find longs and shorts in individ stocks
952
long AMD 8.85
942
EUO has gapped up nicely this morn due to weaker euro stronger dollar,,still a lot of work to do tho to break out higher
921am
GM
* 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".
Thursday, March 24, 2011
Thursday thoughts
758pm
I got a fill afterhiurs on the spy short 131.60....it popped up higher from 131.09 daily high
447
VIX is at 18.00 now,,, near 17.39 gap supp,,, supp is lower,,, vix is likely to start to settle down and base here for a few days with smaller candles before rocketing higher again
438
spx moved above 62% fib 1308 with 78% at 1324,,, a CLOSE back UNDER the 62% is considered by many to be a sell signal, and we don't know if spx wil try for 78% 1324 first
417
still holding bgcp clx euo slv spwra tbt teva all in profit zone for now, 2-6%
417
...............................
i just took a 1.5% LOSS on the BAC,,,not worth holding this,,weak close, can always reenter (first half was a loss, second half profit,,,but a net loss)
400
SPY daily trgt was 131.18,,,made 131.09 or only 9 cents away :)
356
out amzn 4.2% roi
355
out of MSFT 2.4% roi
350
may take off half of BAC too
350
172.23 lim sell amzn,,,will take profits on 50-100% of AMZN and MSFT today,,,may not have time to post it at exact second
330
silver bearish day
327
too close to 4pm,,,now i want to short inside the gapa
326
i can always short at lower level AH if charts suggest it
326
RAISING SPY short 131.60 from .18,,,,was 9 cents away no fill,,,too late in day,,,
320
25% size position to allow adding 3 more times
320
20 cents from spy target,, even tho i'll short swing there, its a small position and starter, and spy may well go higher before lower
300
lim sell msft 26.21 if able, stretch daily trgt
256
i will likely take profits today on amzn and msft longs,,,they suggest a poss pb,,tho still see higher msft and amzn later
247
amzn is about $2 from daily stretch lim sell trgt,,not sure it gets there today
244
the 3min BB distance modified is about 40 cents,,which just so happens to put an intraday breakout to measure close to the SPY 131.18 trgt
237
15min bear rise wedge not done rising yet ,,maybe still a up channl
232
HRB HR Block also on shortable list, not ready yet
229
still have spy 131.18 lim short order, unfilled,,,keeping for now
221
FORD (F) is a stock i want to swing short,,but not ready yet
214
AMZN just made a higher intraday hi
203
for example,,,,if u look at the 945am spy candle, u can see that same 5/15 MA asc triangle, how it pulled back and then went higher,,,may require tomorrow to finish if it goes up,,,could still go lower,, TNA on Friday/Mon had a deep correction b4 its 5/15 bounce
146
SPY could drop to 129.50 and not ruin the pattern
145
also the 3min boll band distance is about 40 cents on spy, which just so happens to measure close to the 131.18 trgt spy,,,just ideas fwiw
144
the higher timeframes usually win after a poss pullback
143
for spy there is the conflicting 3min bear HS
142
fwiw,,,the 15min spy has a rising 15 per mov avg and a flat 5 per mov avg,,,this often results in spring upward,,,its the same pattern i mentioned few days ago on TNA,, it's like a bullish ascending triangle of the moving averages
134
i'm using spy not sds 2x or spxu 3x because SPY has higher volume and better fills, and I can trade SPY afterhours also,,,so need more shares in spy to mimic 2x 3x
132
a SMALL position: i will short SPY lim 131.18 today only, if filled
120
TEVA made new daily high, next trgt 5107 for poss stall there,,,5078 last
1252
EUO filled the gap, held supp, and now has bull hammer needs confirmation,,60m
1239
SPX short swing still early for me,,,but looking for individ stocks to short
1227
CLX is now at resist,,trgt 1 for long,,,will hold it longer tho taking quick profit 1.7% from yest entry here could work too and then reenter,, my position is too small to take half off
1223
MSFT is stuck 10 cents below trgt LOL,,but its onlly trgt 1,,so holding for now
1213
EUO and TBT longs are actually shorts of euro and us treas
1211
still holding the longs in SPWRA TEVA BGCP CLX TBT MSFT AMZN BAC EUO,,, all up 2-6% roi except BAC 1.42 loss atm
1208
we may get small daily candles first, often happens
1207
if short, would be scalp,,,i'm reluctant to swing short with the SPY daily macd hist rising and near crossing 0
1206
nothing complex to the spy trgt,,,simple horiz resist prior hi from 3/10,,,,3/11
1205
spy 131.17 trgt,,,maybe short there idk
1141
for spx
1141
15min clear up channel,,,looks like it may convert to a bear rising wedge, but still room for more upside in wedge,,,too early to trade it short imo
1106
this is the 15min SPX bull inv HS that i talked about yest, that it might break higher without full right shoulder,,,has done so here
1103
CLX finally woke up here, 6948 vs 6862 entry yest,, AMZN v bullish 60m at 4.25%
1056
msft 2590, 2633, 2737 (later) trgt last 2575
1052
the TBT and TEVA daily charts are very very similar, with TEVA the stronger (why it broke out first),,,, expecting TBT to do the same as TEVA
1034
spy spx made it up this far,,,i think it very likely it will try a lil higher at least to test march 11 high
1025
for below,,,w1=1294, w2=1333, w3=1248, w4 now at 1300
1020
spx: wave1 feb 22-24,, wave 2 feb 24 to mar 4, wave 3 mar 4-mar16, now in wave 4,,, i dont read the ewave blogs but thats an alt view,, i dont trade based on ewave because the counts are always changing, just for discussion purposes
1013
copper is moving lower and may give a chance for swing long,,,but must move lower, may need 4 hours more work or a fast move down, via copper etf JJC
958
lim sell amzn 173.88 if filled from 164.29 entry
954
spy daily DTL resist is around 131.00ish, so spx may want to test 3/11 high 1308
951
if SPY gap support holds this may take another 4 hours to show its hand imo
948
*amzn hit trgt 1 but not trgt 2,,,trgt 1 posted yest was 169, high today is 169.78
946
AMZN also up 3.3% roi but not at trgt yet,, clx not at target yet 0.65% roi from yest entry
940
TEVA has gapped up after yesterday's big green candle breakout, and has overshot its first 50.00 trgt,,,50.27 last, still expecting higher swing levels
BAC is down this AM despite the SPY gap up
9:09 A.M.
Good Morning
* 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".
I got a fill afterhiurs on the spy short 131.60....it popped up higher from 131.09 daily high
447
VIX is at 18.00 now,,, near 17.39 gap supp,,, supp is lower,,, vix is likely to start to settle down and base here for a few days with smaller candles before rocketing higher again
438
spx moved above 62% fib 1308 with 78% at 1324,,, a CLOSE back UNDER the 62% is considered by many to be a sell signal, and we don't know if spx wil try for 78% 1324 first
417
still holding bgcp clx euo slv spwra tbt teva all in profit zone for now, 2-6%
417
...............................
i just took a 1.5% LOSS on the BAC,,,not worth holding this,,weak close, can always reenter (first half was a loss, second half profit,,,but a net loss)
400
SPY daily trgt was 131.18,,,made 131.09 or only 9 cents away :)
356
out amzn 4.2% roi
355
out of MSFT 2.4% roi
350
may take off half of BAC too
350
172.23 lim sell amzn,,,will take profits on 50-100% of AMZN and MSFT today,,,may not have time to post it at exact second
330
silver bearish day
327
too close to 4pm,,,now i want to short inside the gapa
326
i can always short at lower level AH if charts suggest it
326
RAISING SPY short 131.60 from .18,,,,was 9 cents away no fill,,,too late in day,,,
320
25% size position to allow adding 3 more times
320
20 cents from spy target,, even tho i'll short swing there, its a small position and starter, and spy may well go higher before lower
300
lim sell msft 26.21 if able, stretch daily trgt
256
i will likely take profits today on amzn and msft longs,,,they suggest a poss pb,,tho still see higher msft and amzn later
247
amzn is about $2 from daily stretch lim sell trgt,,not sure it gets there today
244
the 3min BB distance modified is about 40 cents,,which just so happens to put an intraday breakout to measure close to the SPY 131.18 trgt
237
15min bear rise wedge not done rising yet ,,maybe still a up channl
232
HRB HR Block also on shortable list, not ready yet
229
still have spy 131.18 lim short order, unfilled,,,keeping for now
221
FORD (F) is a stock i want to swing short,,but not ready yet
214
AMZN just made a higher intraday hi
203
for example,,,,if u look at the 945am spy candle, u can see that same 5/15 MA asc triangle, how it pulled back and then went higher,,,may require tomorrow to finish if it goes up,,,could still go lower,, TNA on Friday/Mon had a deep correction b4 its 5/15 bounce
146
SPY could drop to 129.50 and not ruin the pattern
145
also the 3min boll band distance is about 40 cents on spy, which just so happens to measure close to the 131.18 trgt spy,,,just ideas fwiw
144
the higher timeframes usually win after a poss pullback
143
for spy there is the conflicting 3min bear HS
142
fwiw,,,the 15min spy has a rising 15 per mov avg and a flat 5 per mov avg,,,this often results in spring upward,,,its the same pattern i mentioned few days ago on TNA,, it's like a bullish ascending triangle of the moving averages
134
i'm using spy not sds 2x or spxu 3x because SPY has higher volume and better fills, and I can trade SPY afterhours also,,,so need more shares in spy to mimic 2x 3x
132
a SMALL position: i will short SPY lim 131.18 today only, if filled
120
TEVA made new daily high, next trgt 5107 for poss stall there,,,5078 last
1252
EUO filled the gap, held supp, and now has bull hammer needs confirmation,,60m
1239
SPX short swing still early for me,,,but looking for individ stocks to short
1227
CLX is now at resist,,trgt 1 for long,,,will hold it longer tho taking quick profit 1.7% from yest entry here could work too and then reenter,, my position is too small to take half off
1223
MSFT is stuck 10 cents below trgt LOL,,but its onlly trgt 1,,so holding for now
1213
EUO and TBT longs are actually shorts of euro and us treas
1211
still holding the longs in SPWRA TEVA BGCP CLX TBT MSFT AMZN BAC EUO,,, all up 2-6% roi except BAC 1.42 loss atm
1208
we may get small daily candles first, often happens
1207
if short, would be scalp,,,i'm reluctant to swing short with the SPY daily macd hist rising and near crossing 0
1206
nothing complex to the spy trgt,,,simple horiz resist prior hi from 3/10,,,,3/11
1205
spy 131.17 trgt,,,maybe short there idk
1141
for spx
1141
15min clear up channel,,,looks like it may convert to a bear rising wedge, but still room for more upside in wedge,,,too early to trade it short imo
1106
this is the 15min SPX bull inv HS that i talked about yest, that it might break higher without full right shoulder,,,has done so here
1103
CLX finally woke up here, 6948 vs 6862 entry yest,, AMZN v bullish 60m at 4.25%
1056
msft 2590, 2633, 2737 (later) trgt last 2575
1052
the TBT and TEVA daily charts are very very similar, with TEVA the stronger (why it broke out first),,,, expecting TBT to do the same as TEVA
1034
spy spx made it up this far,,,i think it very likely it will try a lil higher at least to test march 11 high
1025
for below,,,w1=1294, w2=1333, w3=1248, w4 now at 1300
1020
spx: wave1 feb 22-24,, wave 2 feb 24 to mar 4, wave 3 mar 4-mar16, now in wave 4,,, i dont read the ewave blogs but thats an alt view,, i dont trade based on ewave because the counts are always changing, just for discussion purposes
1013
copper is moving lower and may give a chance for swing long,,,but must move lower, may need 4 hours more work or a fast move down, via copper etf JJC
958
lim sell amzn 173.88 if filled from 164.29 entry
954
spy daily DTL resist is around 131.00ish, so spx may want to test 3/11 high 1308
951
if SPY gap support holds this may take another 4 hours to show its hand imo
948
*amzn hit trgt 1 but not trgt 2,,,trgt 1 posted yest was 169, high today is 169.78
946
AMZN also up 3.3% roi but not at trgt yet,, clx not at target yet 0.65% roi from yest entry
940
TEVA has gapped up after yesterday's big green candle breakout, and has overshot its first 50.00 trgt,,,50.27 last, still expecting higher swing levels
BAC is down this AM despite the SPY gap up
9:09 A.M.
Good Morning
* 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".
Wednesday, March 23, 2011
Wedn ramblings
358
exited
355
I dont like how EWBC is acting ,,,i will exit near breakeven or small profit
312
a close above yest open would give AMZN a bull engulfing candle or close to it
236
i expect MSFT to do similar at some point soon
236
Took a few days but TEVA has finally broken out higher today with a big green candle,,,looking for followthru in coming days, may stall pb or not
222
taking 4% profits on half of SPWRA from yest makes sense here,,,third entry, other 2 gave 7% and 7% each
154
for swings, my stats suggest that Market Makers have been forced long these last many days due to institut selling,,,when the MM can recoup their money then mkt should go back down,,,still see a few days wait likely for a swing short setup based on MM and charts combo
147
15min spx bull inv HS, that may not pb to fully form the right shoulder
137
still waiting to re-short HOLX, its at 2180 now, up from 2160 cover this AM
135
LONG ewbc 21.65 SWING
119
ES daily downtrend resist line is at 1298,,, 1308,,,1319 depending on wick exclusion,, 1299 is also parab resist
1238
for me, trading individual stocks, metals, oil, commodoties right now (both long and short) is outperformed trading the indices (SPY QQQQ SPX RUSSEL) and most etfs (XLF etc)
1228
missed copper entry yest,,,limit not fillled, too bad, JJC 58.66 now vs 5700 yest
1208
long CLX 68.62
1157
long BGCP 9.18
1136
exiting TNA here, breakeven
1110
taking HOLX profits here 21.62,,,will look to re-enter shorts later
1012
BAC down 2% today
1011
TEVA hit yest upside trgt, still see higher teva for swing long
947
added more TNA, entry #2, for avg cost now 77.03,,, yest i mentioned i might add more
917am
Effective Wednesday, March 23, PowerShares QQQ Trust (QQQQ) will have a ticker symbol change to (QQQ). All open equity and option orders will be canceled after the extended session tonight, March 22. There are a total of 10 PowerShares Exchange-Traded Funds (ETFs) having a ticker symbol change, these open orders will be canceled tonight, March 22, as well.
* 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".
exited
355
I dont like how EWBC is acting ,,,i will exit near breakeven or small profit
312
a close above yest open would give AMZN a bull engulfing candle or close to it
236
i expect MSFT to do similar at some point soon
236
Took a few days but TEVA has finally broken out higher today with a big green candle,,,looking for followthru in coming days, may stall pb or not
222
taking 4% profits on half of SPWRA from yest makes sense here,,,third entry, other 2 gave 7% and 7% each
154
for swings, my stats suggest that Market Makers have been forced long these last many days due to institut selling,,,when the MM can recoup their money then mkt should go back down,,,still see a few days wait likely for a swing short setup based on MM and charts combo
147
15min spx bull inv HS, that may not pb to fully form the right shoulder
137
still waiting to re-short HOLX, its at 2180 now, up from 2160 cover this AM
135
LONG ewbc 21.65 SWING
119
ES daily downtrend resist line is at 1298,,, 1308,,,1319 depending on wick exclusion,, 1299 is also parab resist
1238
for me, trading individual stocks, metals, oil, commodoties right now (both long and short) is outperformed trading the indices (SPY QQQQ SPX RUSSEL) and most etfs (XLF etc)
1228
missed copper entry yest,,,limit not fillled, too bad, JJC 58.66 now vs 5700 yest
1208
long CLX 68.62
1157
long BGCP 9.18
1136
exiting TNA here, breakeven
1110
taking HOLX profits here 21.62,,,will look to re-enter shorts later
1012
BAC down 2% today
1011
TEVA hit yest upside trgt, still see higher teva for swing long
947
added more TNA, entry #2, for avg cost now 77.03,,, yest i mentioned i might add more
917am
Effective Wednesday, March 23, PowerShares QQQ Trust (QQQQ) will have a ticker symbol change to (QQQ). All open equity and option orders will be canceled after the extended session tonight, March 22. There are a total of 10 PowerShares Exchange-Traded Funds (ETFs) having a ticker symbol change, these open orders will be canceled tonight, March 22, as well.
* 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".
Tuesday, March 22, 2011
* 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".
Tuesday's ramblings
353
AMZN caught a bid
330
tna 60min chart has a flat 5 period mov avg and a rising 15 period MA,,,this often results in a blast higher for swings
319
UNG nat gas remaining piece up about 9% roi,,, ung calls up 29% atm
318
if /NG nat gas breaks 4.26 then trgt 4.50,,testing 4.26 now and expect break higher, watching to see if pb first or not
301
i will lim sell BAC 14.27 if filled
148
still have a mix of longs and shorts on individ stocks
147
bought back SPWRA 15.67
144
trying long 13.90 BAC again
109
SLV poss bear dbl top 3min and 15min chart
103
tna just hit 7765 trgt from b4 but i'm not adding more here, running with existing position from 7805,, should have waited for the .65 fill but charts were suggesting poss break higher when it was bought
1255
lim order to buy back SPWRA at 1527 last 1562 (took 8% profit yest, trying to reenter)
1222
7920 scalp trgt TNA, will sell there and look to reenter
1213
intraday, TEVA 4875 trgt, last 4825
1135
i will lim sell TNA at 80.70 trgt if it hits there for 5.8% profit, may need to sell lower on this narrow range day
1129
smaller size also leaves room to add more later if charts suggest it
1128
in tna 7805 instead, smaller position due to higher cost
1113
78.17 last tna, may not get a fill,,if not will just run with MSFT AMZN longs
1058
i will lim buy 7765 TNA if filled
1027
intraday it appears that MM are temp forced long, usually that means drift higher, es 1292 last
941
MSFT is going after a test of yest hi, bullish 3min
929
spx ES may morph a pattern of smaller daily candles, marginal new highs for a bit here, watching
919
GM
* 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".
AMZN caught a bid
330
tna 60min chart has a flat 5 period mov avg and a rising 15 period MA,,,this often results in a blast higher for swings
319
UNG nat gas remaining piece up about 9% roi,,, ung calls up 29% atm
318
if /NG nat gas breaks 4.26 then trgt 4.50,,testing 4.26 now and expect break higher, watching to see if pb first or not
301
i will lim sell BAC 14.27 if filled
148
still have a mix of longs and shorts on individ stocks
147
bought back SPWRA 15.67
144
trying long 13.90 BAC again
109
SLV poss bear dbl top 3min and 15min chart
103
tna just hit 7765 trgt from b4 but i'm not adding more here, running with existing position from 7805,, should have waited for the .65 fill but charts were suggesting poss break higher when it was bought
1255
lim order to buy back SPWRA at 1527 last 1562 (took 8% profit yest, trying to reenter)
1222
7920 scalp trgt TNA, will sell there and look to reenter
1213
intraday, TEVA 4875 trgt, last 4825
1135
i will lim sell TNA at 80.70 trgt if it hits there for 5.8% profit, may need to sell lower on this narrow range day
1129
smaller size also leaves room to add more later if charts suggest it
1128
in tna 7805 instead, smaller position due to higher cost
1113
78.17 last tna, may not get a fill,,if not will just run with MSFT AMZN longs
1058
i will lim buy 7765 TNA if filled
1027
intraday it appears that MM are temp forced long, usually that means drift higher, es 1292 last
941
MSFT is going after a test of yest hi, bullish 3min
929
spx ES may morph a pattern of smaller daily candles, marginal new highs for a bit here, watching
919
GM
* 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".
Monday, March 21, 2011
SPX shortable???
Not yet for me,,,, though i'll be looking to get short spx tues or wednes prob,,,the es spx hit their targets with a 1 point margin, may want higher idk,,, i also think the first test of the lows will hold
for swings i prefer the diverg to be on the 60m chart not 5m or 15m
or short at extreme highs and previous resist if no 60m bear diverg
Friday's posted chart did its job giving the bounce, to me the revised chart now says "wait to short spx" to see if charts reveal if it wants higher first,,, also a move down and then waiting to short the bounce may also present if new highs daily don't come
I did enter a posted short today in HOLX individ stock, and silver SLV but not spx or qqqq or dow
* 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".
for swings i prefer the diverg to be on the 60m chart not 5m or 15m
or short at extreme highs and previous resist if no 60m bear diverg
Friday's posted chart did its job giving the bounce, to me the revised chart now says "wait to short spx" to see if charts reveal if it wants higher first,,, also a move down and then waiting to short the bounce may also present if new highs daily don't come
I did enter a posted short today in HOLX individ stock, and silver SLV but not spx or qqqq or dow
* 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".
Monday thoughts
403
but the 7% on AEA and 7% on SPWRA worked out nicely
403
grrr....................................................................
i traded BAC badly, should have exited at 14.25 not 1405 :@ ({)
359
out of BAC, breakeven (2 cent profit)
358
3530 shorted SLV
351
took the 1.5% small profit on GPS, just is not moving
349
i will exit BAC today and will enter a starter positon once again on SLV short, if the lim short slv isnt filled i will pay a premium to short it
326
that will allow it to touch .85 without stopping me out,,,under .85 i'll exit with small profit 1.25%ish
326
lowered from 2185 which was not hit, but it came so close that i'll lower it one cent more
326
*2184 stop GPS
241
look at low ES volume today
237
i will lim sell BAC 1420 if able
212
gps hit close to stop, 4 cents away, but not stopped out yet, still long for now
146
2185 is v tite stop,,,susceptible to stp run then bounce higher but i'll keep it tite, can always buy bak
145
stop 2185 on GPS if stopped will take small profit 1.25%ish and look to reenter later, either holds here or i'm out of the long
143
still long MSFT GPS AMZN BAC
142
took 8%ish profits on AEA long, also hit stop on SPWRA 7%ish, and will look to re-enter,,other better alternatives atm imo
138
swing shorting HOLX 22.01
118
fwiw, for me, oil daily is suggesting shortable oil setup may come, but needs 3-4 days still to finish setting up
1243
also poss bull W on AMZN 60m
1243
AMZN 60min, poss bull flag mini
1234
i still have no "add swing shorts" setup for spx
1233
raised to very tite stops to protect profits: 16.22 SPWRA 7%ish, AEA 5.19 for 7% ish
1202
Added BAC here 13.91
1113
i'll lim sell short SLV 35.47 if filled, early entry, half size position
1110
MSFT up today 2.9%, outperforming SPX which is up 1.7%
1108
BAC 3min has small rsi bull diverg, watching to see if it pops it higher
1104
AMZN (0.77% roi) and GPS (1.76% roi) and MSFT (1.29%) are all up atm,,,watching for poss exits and re-entries there in coming 1-4 hours,,if they get tired then will exit and try reentry, hodling for now
1058
heres .93 BAC pb down, watching to see if holds now, poss long entry (idea only)
1052
1391 BAC supp held, long at 1392ish could work
1051
BAC is putting in a 15min bull diverg but not finished baking yet
1043
MSFT trgt 27.20 to sell there for swing, 25.57 last
1035
.....................................................
BAC is weak today compared to SPX
1034
/NG natural gas, ung are continuing to hold their bull breakout, still see the higher trgts for remaining piece of position
1028
i wouldnt swing short at least until the 15min SPY SPX puts in a red candle, and then mayb short the bounce after such, OR when SPY SPX gets higher, ORwhen the 60min candles start to consolodate and 15min shows weakness
1024
My Friday 9:45 AM ES posted trgt was 1297, it has hit 1296 so considering that target achieved, BUT no short signal yet, could go higher
1010
16.53 next SPWRA trgt, for 8% roi, but also higher trgts after that to 1680, 1774 (16%) ,,,last 16.32
1006
of course on Friday, we posted we were expecting such whipsaw with an upward bias
1006
intraday,,,ES looks bullish here BUT there are many stocks that are going a little wild today here, doji type whipsaw action,,,may see this translate to ES whipsaw
941
LOL too soon on that half, is now at 7% roi
937
taking half of SPWRA off here for 4% profit, holding other half, just bought friday
829
Taking profits on UPRO bought on Friday here, premarket, with ES up 16 points.
* 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".
but the 7% on AEA and 7% on SPWRA worked out nicely
403
grrr....................................................................
i traded BAC badly, should have exited at 14.25 not 1405 :@ ({)
359
out of BAC, breakeven (2 cent profit)
358
3530 shorted SLV
351
took the 1.5% small profit on GPS, just is not moving
349
i will exit BAC today and will enter a starter positon once again on SLV short, if the lim short slv isnt filled i will pay a premium to short it
326
that will allow it to touch .85 without stopping me out,,,under .85 i'll exit with small profit 1.25%ish
326
lowered from 2185 which was not hit, but it came so close that i'll lower it one cent more
326
*2184 stop GPS
241
look at low ES volume today
237
i will lim sell BAC 1420 if able
212
gps hit close to stop, 4 cents away, but not stopped out yet, still long for now
146
2185 is v tite stop,,,susceptible to stp run then bounce higher but i'll keep it tite, can always buy bak
145
stop 2185 on GPS if stopped will take small profit 1.25%ish and look to reenter later, either holds here or i'm out of the long
143
still long MSFT GPS AMZN BAC
142
took 8%ish profits on AEA long, also hit stop on SPWRA 7%ish, and will look to re-enter,,other better alternatives atm imo
138
swing shorting HOLX 22.01
118
fwiw, for me, oil daily is suggesting shortable oil setup may come, but needs 3-4 days still to finish setting up
1243
also poss bull W on AMZN 60m
1243
AMZN 60min, poss bull flag mini
1234
i still have no "add swing shorts" setup for spx
1233
raised to very tite stops to protect profits: 16.22 SPWRA 7%ish, AEA 5.19 for 7% ish
1202
Added BAC here 13.91
1113
i'll lim sell short SLV 35.47 if filled, early entry, half size position
1110
MSFT up today 2.9%, outperforming SPX which is up 1.7%
1108
BAC 3min has small rsi bull diverg, watching to see if it pops it higher
1104
AMZN (0.77% roi) and GPS (1.76% roi) and MSFT (1.29%) are all up atm,,,watching for poss exits and re-entries there in coming 1-4 hours,,if they get tired then will exit and try reentry, hodling for now
1058
heres .93 BAC pb down, watching to see if holds now, poss long entry (idea only)
1052
1391 BAC supp held, long at 1392ish could work
1051
BAC is putting in a 15min bull diverg but not finished baking yet
1043
MSFT trgt 27.20 to sell there for swing, 25.57 last
1035
.....................................................
BAC is weak today compared to SPX
1034
/NG natural gas, ung are continuing to hold their bull breakout, still see the higher trgts for remaining piece of position
1028
i wouldnt swing short at least until the 15min SPY SPX puts in a red candle, and then mayb short the bounce after such, OR when SPY SPX gets higher, ORwhen the 60min candles start to consolodate and 15min shows weakness
1024
My Friday 9:45 AM ES posted trgt was 1297, it has hit 1296 so considering that target achieved, BUT no short signal yet, could go higher
1010
16.53 next SPWRA trgt, for 8% roi, but also higher trgts after that to 1680, 1774 (16%) ,,,last 16.32
1006
of course on Friday, we posted we were expecting such whipsaw with an upward bias
1006
intraday,,,ES looks bullish here BUT there are many stocks that are going a little wild today here, doji type whipsaw action,,,may see this translate to ES whipsaw
941
LOL too soon on that half, is now at 7% roi
937
taking half of SPWRA off here for 4% profit, holding other half, just bought friday
829
Taking profits on UPRO bought on Friday here, premarket, with ES up 16 points.
* 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".
Friday, March 18, 2011
SPY chart, bullish divergence on 60minute chart
Price (Line 1) has a bullish divergence with RSI (Line 2) and MACD Hist(Line 3) but not with MACD line (Line 4).
To me this suggests SPY moves higher, and any downside would be limited, whipsaw, in the event that SPY moves under 125, then it will more fully define the bearish diverg and I would expect a bounce if that happened.
Sometimes it takes 3 or 4 divergences before a meaningful rally happens, so we'll watch and see.
Also, if the MACD hist continues its current pattern, then the next move below 0 would be shallow (note how each one is shallower). That should limit downside.
Double click to see full size.
XLF is stronger, with a bull divergence on all 3 (MACD hist, RSI, MACD line)
* 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".
To me this suggests SPY moves higher, and any downside would be limited, whipsaw, in the event that SPY moves under 125, then it will more fully define the bearish diverg and I would expect a bounce if that happened.
Sometimes it takes 3 or 4 divergences before a meaningful rally happens, so we'll watch and see.
Also, if the MACD hist continues its current pattern, then the next move below 0 would be shallow (note how each one is shallower). That should limit downside.
Double click to see full size.
XLF is stronger, with a bull divergence on all 3 (MACD hist, RSI, MACD line)
* 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".
Friday ramblings / Thurs eve futures
344
XLF is up almost 1% atm vs flat spy, sometimes makes sense to look at XLF finan
338
these shooting star candles are often re-tested when they happn after a big move down, daily,, the 60min charts have recent higher highs and higher lows with a break over the steep downtrend R line and backtest today
327
charts say to me whipsaw,,with higher ,,,,think a better short opp will present, looks like it will try higher,,,weekly charts still bearish,,
326
wow MSFT just copntinues to hold over 2500 thru this ES selloff
315
AEA now 3 cents from 5.33 trgt 8.45% roi atm, will hold this for 540, 580 in coming days weeks if able, watching reaction here
306
long swing SPWRA here 15.26
240
if SPY closes today over yesterdays high it would give a multi-day long signal using MACD pPp method, tho the hist is still pretty deep down,, the XLF has same but stronger,,,
230
MSFT held steady on that last quick 3min ES drop
227
long term MSFT is bearish but trading the expected bounce in msft
225
adding more MSFT long MSFT long 2504, buy #2, avg cost 25.22
157
7396 is trgt after 7296 upro,,,will try to sell at 7396 via limit order if filled
151
just broke to new intraday hi, amzn
150
AMZN testing its high of day now
136
oops, 72.96, typo
136
7206 upro scalp trgt
116
GPS has not moved much tho its a little higher in a narrowing range,,,perhaps it will break higher today,,21.80 last, at 1.08% roi
113
UNG nat gas continuing higher toward upper trgts
1202
that japanese pattern is similar to a bull flag
1201
60min es, watching to see if bull 3 methods continuation pattern forms, needs 5 candles plus confirm after, on candle 5 now
1147
AEA now near its next trgt,,,,5.20 last, 6.4% roi,,,considering this as hitting the trgt, makes sense to take off half here, holding other half for next trgt
1133
AEA now at 5.17 or 5.78% roi approaching the 523 trgt
1126
filled on upro
1125
i will do UPRO 7216 lim buy if filled
1116
perhaps ES daily will form a bear HS with a slanted neckline
1106
i will SLV re-short again 34.80 lim if filled, may short lower price later, 34.25 last,
1041
AEA trgts: 523 533 549 580
1040
it took a few days, but AEA swing long has broken resist and heading higher to trgt #2, up 4.76% atm
1018
*gap support not resist
1017
ES--theres also R at 1293,,,, in general i'm bullish again as long as gap R holds today, like yest
SPX ES needs to start painting some smaller daily candles and then we can figure out the swing direction more accurately, imo
947
on March 15 i had an ES trgt of 1283, es overshot that one to 1286
945
not saying it gets there, just pointing out pattern, but 1297 seems achievable ES
944
1324 ES has a bull inv HS that measures to 1324 if triggered. last 1284. the 1324 just so happens to be near prior daily high resist March 7,8,9
933
i'll continue to hold the BAC GPS MSFT longs swing for now,,they are all up atm
* 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".
XLF is up almost 1% atm vs flat spy, sometimes makes sense to look at XLF finan
338
these shooting star candles are often re-tested when they happn after a big move down, daily,, the 60min charts have recent higher highs and higher lows with a break over the steep downtrend R line and backtest today
327
charts say to me whipsaw,,with higher ,,,,think a better short opp will present, looks like it will try higher,,,weekly charts still bearish,,
326
wow MSFT just copntinues to hold over 2500 thru this ES selloff
315
AEA now 3 cents from 5.33 trgt 8.45% roi atm, will hold this for 540, 580 in coming days weeks if able, watching reaction here
306
long swing SPWRA here 15.26
240
if SPY closes today over yesterdays high it would give a multi-day long signal using MACD pPp method, tho the hist is still pretty deep down,, the XLF has same but stronger,,,
230
MSFT held steady on that last quick 3min ES drop
227
long term MSFT is bearish but trading the expected bounce in msft
225
adding more MSFT long MSFT long 2504, buy #2, avg cost 25.22
157
7396 is trgt after 7296 upro,,,will try to sell at 7396 via limit order if filled
151
just broke to new intraday hi, amzn
150
AMZN testing its high of day now
136
oops, 72.96, typo
136
7206 upro scalp trgt
116
GPS has not moved much tho its a little higher in a narrowing range,,,perhaps it will break higher today,,21.80 last, at 1.08% roi
113
UNG nat gas continuing higher toward upper trgts
1202
that japanese pattern is similar to a bull flag
1201
60min es, watching to see if bull 3 methods continuation pattern forms, needs 5 candles plus confirm after, on candle 5 now
1147
AEA now near its next trgt,,,,5.20 last, 6.4% roi,,,considering this as hitting the trgt, makes sense to take off half here, holding other half for next trgt
1133
AEA now at 5.17 or 5.78% roi approaching the 523 trgt
1126
filled on upro
1125
i will do UPRO 7216 lim buy if filled
1116
perhaps ES daily will form a bear HS with a slanted neckline
1106
i will SLV re-short again 34.80 lim if filled, may short lower price later, 34.25 last,
1041
AEA trgts: 523 533 549 580
1040
it took a few days, but AEA swing long has broken resist and heading higher to trgt #2, up 4.76% atm
1018
*gap support not resist
1017
ES--theres also R at 1293,,,, in general i'm bullish again as long as gap R holds today, like yest
SPX ES needs to start painting some smaller daily candles and then we can figure out the swing direction more accurately, imo
947
on March 15 i had an ES trgt of 1283, es overshot that one to 1286
945
not saying it gets there, just pointing out pattern, but 1297 seems achievable ES
944
1324 ES has a bull inv HS that measures to 1324 if triggered. last 1284. the 1324 just so happens to be near prior daily high resist March 7,8,9
933
i'll continue to hold the BAC GPS MSFT longs swing for now,,they are all up atm
* 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".
Thursday, March 17, 2011
Thurs ramblings
338
AEA is close to trgt 1, but holding longer, 3.55% roi atm
328
lowering stop on AMZN to 159.40 for now
306
BAC is making new daily highs finally
302
yest spy vol was huge,,,it was highest vol since may 21, 2010...
252
GPS has had a v quiet day, not moved much at all, still holding long
246
cancelled UPRO lim order, see other better opps,,tho fact that it wasnt filled is bullish for spx, as it didnt test that low down
243
BAC has same pattern, TEVA too
242
TBT has same pattern
232
the UPRO lim order (unfilled) is designed to enter on a deeper test of the gap support, if it gets lower today
231
spy gapped up, held gap supp, and has been consoldating near central 60min Boll Band which is also just so happens to be its resist line too,,, up likely into close to me as long as gapp supp holds
149
lim long UPRO 68.93 if filled
115
cancelled order to short SLV, never filled
106
160.40 stop on amzn for now
103
Long AMZN swing here 164.27
1236
took 5% profit, see higher but dont want to get caught in downdraft,,can always re-enter,,, UNG can move v fast down or up
1235
exited 75% shrs UNG here to lock profits and will look to reenter later,,,will keep 25% of shares for higher
1206
MSFT long may be a better scalp than es long,, but no entries for me on scalps
1143
11.33 ung will lim sell, changing order
1134
NG 424 next trgt if this 410 breaks,,,testing now, bias is to break higher
1127
heres the expecte PB on ES to 1269ish but i'm not scalping here
1122
an interim trgt would be NG 4.24, the 1183 UNG is approx NG 4.47 equiv atm, last 409 NG, and NG is curr at resist now so here is another alt to take 4.65% profits, i'll wait
1117am
lim sell UNG 11.83 if hits that trgt, last 1089, from 10.44 entry
1102
i will lim short SLV 34.23, last 33.78,,, or one could use the 2x ZSL for more leverage, i prefer SLV due to much higher volume on slv
1040
es may want to test 1283, last is 1272
1039
PB to 1270, 1268 ES might present buy dip scalp,,, would be normal intraday corr imo
1032
already jumed 3% today, but needs to break 4.12 on NG
1031
NG natural gas trying its breakout,,,may take a few more tries or could happen now,, /NG and UNG
1021
still waiting patiently on AEA swing long to breakout, at 2% roi atm, still see it higher 10-20% trgts
1010
i have a scalp long on dips setup for next 2 hours at least on ES, no setup yet for entry tho,, maybe a long setup won't come and instead a short scalp will present later instead
* 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".
AEA is close to trgt 1, but holding longer, 3.55% roi atm
328
lowering stop on AMZN to 159.40 for now
306
BAC is making new daily highs finally
302
yest spy vol was huge,,,it was highest vol since may 21, 2010...
252
GPS has had a v quiet day, not moved much at all, still holding long
246
cancelled UPRO lim order, see other better opps,,tho fact that it wasnt filled is bullish for spx, as it didnt test that low down
243
BAC has same pattern, TEVA too
242
TBT has same pattern
232
the UPRO lim order (unfilled) is designed to enter on a deeper test of the gap support, if it gets lower today
231
spy gapped up, held gap supp, and has been consoldating near central 60min Boll Band which is also just so happens to be its resist line too,,, up likely into close to me as long as gapp supp holds
149
lim long UPRO 68.93 if filled
115
cancelled order to short SLV, never filled
106
160.40 stop on amzn for now
103
Long AMZN swing here 164.27
1236
took 5% profit, see higher but dont want to get caught in downdraft,,can always re-enter,,, UNG can move v fast down or up
1235
exited 75% shrs UNG here to lock profits and will look to reenter later,,,will keep 25% of shares for higher
1206
MSFT long may be a better scalp than es long,, but no entries for me on scalps
1143
11.33 ung will lim sell, changing order
1134
NG 424 next trgt if this 410 breaks,,,testing now, bias is to break higher
1127
heres the expecte PB on ES to 1269ish but i'm not scalping here
1122
an interim trgt would be NG 4.24, the 1183 UNG is approx NG 4.47 equiv atm, last 409 NG, and NG is curr at resist now so here is another alt to take 4.65% profits, i'll wait
1117am
lim sell UNG 11.83 if hits that trgt, last 1089, from 10.44 entry
1102
i will lim short SLV 34.23, last 33.78,,, or one could use the 2x ZSL for more leverage, i prefer SLV due to much higher volume on slv
1040
es may want to test 1283, last is 1272
1039
PB to 1270, 1268 ES might present buy dip scalp,,, would be normal intraday corr imo
1032
already jumed 3% today, but needs to break 4.12 on NG
1031
NG natural gas trying its breakout,,,may take a few more tries or could happen now,, /NG and UNG
1021
still waiting patiently on AEA swing long to breakout, at 2% roi atm, still see it higher 10-20% trgts
1010
i have a scalp long on dips setup for next 2 hours at least on ES, no setup yet for entry tho,, maybe a long setup won't come and instead a short scalp will present later instead
* 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".
Wednesday, March 16, 2011
Charts
BAC vs XLF
(double click to view full size)
BAC vs SPY SPX
(double click to view full size)
* 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".
(double click to view full size)
BAC vs SPY SPX
(double click to view full size)
* 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".
Wedn ramblings
800
interesting that Afterhours Time And Sales is not accurate,,,i covered at 3297 and 3299 but the 3299 never printed tho it was executed
753 PM
I'm covering 75% of shares of my silver shorts and will keep 25%,,,,of swing piece, will try to re-enter. Silver has moved down 8% in 2 days (16% on zsl) and while i expect it to go lower i dont know if it will bounce or not. no complaints on this move down, so taking profit before they evaporate.
slv silver moved down quite a bit since the close afterhours and hit swing trgt #1 at 33.00
313
so suggests higher, both upside and downside limited atm
312
60min spx has rsi bull diverg and macd hist diverg but no macd line diverg, suggests rally
307
SLV has banged on the 3300ish area several times last few days,,,watching reaction and expecting break lower eventually, but thus far that supp has held
150
taking last 4.3% profit on remaining zsl scalp,, zsl should go higher but want to lock profit esp since its scalp, still have the swing zsl from 26.35 now at 8% roi,,,will hold that
128
2300 2600 2700ish trgts for GPS
127
2056 stop on GPS
127
Long in GPS 2158 ,
115
VXX calls at 4.20 now, from 2.07 post, more than doubled (Apr 33 calls)
1109
2900 3100ish trgts zsl, last 2801
1107
25% of shares of scalp taking prof now zsl for 3.6%, holding last 25%
1057
taking half of zsl off here and holding other half scalp, for quick 0.77% prof
1053
zsl 2730 scalp,,,will hold slv /zsl short swings,,this is additional scalp sep trade
1046
zsl 2730 scalp
1033
TBT 60m forming a bull diverg, bullish for tbt, bearish for tlt if it triggers
1031
considering long entries in DFT Dupont Fabros, and GPS, but no new entries yet,
1029
NG UNG nat gas cont to consolidate near prior daily highs, still see breakout higher in coming hours days, poss today
1001
Good morning
* 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".
interesting that Afterhours Time And Sales is not accurate,,,i covered at 3297 and 3299 but the 3299 never printed tho it was executed
753 PM
I'm covering 75% of shares of my silver shorts and will keep 25%,,,,of swing piece, will try to re-enter. Silver has moved down 8% in 2 days (16% on zsl) and while i expect it to go lower i dont know if it will bounce or not. no complaints on this move down, so taking profit before they evaporate.
slv silver moved down quite a bit since the close afterhours and hit swing trgt #1 at 33.00
313
so suggests higher, both upside and downside limited atm
312
60min spx has rsi bull diverg and macd hist diverg but no macd line diverg, suggests rally
307
SLV has banged on the 3300ish area several times last few days,,,watching reaction and expecting break lower eventually, but thus far that supp has held
150
taking last 4.3% profit on remaining zsl scalp,, zsl should go higher but want to lock profit esp since its scalp, still have the swing zsl from 26.35 now at 8% roi,,,will hold that
128
2300 2600 2700ish trgts for GPS
127
2056 stop on GPS
127
Long in GPS 2158 ,
115
VXX calls at 4.20 now, from 2.07 post, more than doubled (Apr 33 calls)
1109
2900 3100ish trgts zsl, last 2801
1107
25% of shares of scalp taking prof now zsl for 3.6%, holding last 25%
1057
taking half of zsl off here and holding other half scalp, for quick 0.77% prof
1053
zsl 2730 scalp,,,will hold slv /zsl short swings,,this is additional scalp sep trade
1046
zsl 2730 scalp
1033
TBT 60m forming a bull diverg, bullish for tbt, bearish for tlt if it triggers
1031
considering long entries in DFT Dupont Fabros, and GPS, but no new entries yet,
1029
NG UNG nat gas cont to consolidate near prior daily highs, still see breakout higher in coming hours days, poss today
1001
Good morning
* 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".
Tuesday, March 15, 2011
Tuesday's ramblings
400
For silver futures /SI, the 15min volume bars pre-market at 800am 815 and 830am were all higher than any volume bar from 930--400pm....
331
reshorting slv 3375 now makes sense, for shares covered lower
312
back in TBT again 3708
228
exiting HSY short here for small 0.5% profit,,,it rebounded to strongly so i'm out,,,poss new high,, will eval reentry later ,,this one didnt work as planned as the bounce was much stronger off today's gap down
210
natural gas,,,,if /NG and UNG break resist higher, it can shoot up 10% quickly, as oil and silver did b4,
133
taking ZSL off here makes sense,, 9% profit on ZSL from yest entry in 1 day here makes sense, with plan to reenter later after settling...or alt is to sell half and keep half
113
DBA puts have recovered nicely, not given the expected ROI but at least at small profit now,,,,is at sell target since they expire in 4 days, at 30 cents now vs 20 cent entry for a 50% profit,, could easily double but conserv would exit now,,,i'll exit and consider the move down a gift
1217
100.20 CAT --took off and will look to reenter, taking quick profit from this AM
1139
UNG continues its daily sideways pattern, still long UNG swing up about 1% now from entry post
1118
CAT sell trgt is 102.00 from 99 entry, last 100.21 up 1.26% from entry this morn
1021
DOUBLED ROI: VXX is in profit zone here now, vxx calls now at 4.60 vs 2.07 posting, more than double
1012
Silver SLV has gapped down, good for silver shorts or ZSL, the ZSL is at 9% roi since yest idea posting
,,,,,,,,,,,,,,,,,,,,SSO is down 4.80 roi loss atm
1011
in CAT here at 99.00
* 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".
For silver futures /SI, the 15min volume bars pre-market at 800am 815 and 830am were all higher than any volume bar from 930--400pm....
331
reshorting slv 3375 now makes sense, for shares covered lower
312
back in TBT again 3708
228
exiting HSY short here for small 0.5% profit,,,it rebounded to strongly so i'm out,,,poss new high,, will eval reentry later ,,this one didnt work as planned as the bounce was much stronger off today's gap down
210
natural gas,,,,if /NG and UNG break resist higher, it can shoot up 10% quickly, as oil and silver did b4,
133
taking ZSL off here makes sense,, 9% profit on ZSL from yest entry in 1 day here makes sense, with plan to reenter later after settling...or alt is to sell half and keep half
113
DBA puts have recovered nicely, not given the expected ROI but at least at small profit now,,,,is at sell target since they expire in 4 days, at 30 cents now vs 20 cent entry for a 50% profit,, could easily double but conserv would exit now,,,i'll exit and consider the move down a gift
1217
100.20 CAT --took off and will look to reenter, taking quick profit from this AM
1139
UNG continues its daily sideways pattern, still long UNG swing up about 1% now from entry post
1118
CAT sell trgt is 102.00 from 99 entry, last 100.21 up 1.26% from entry this morn
1021
DOUBLED ROI: VXX is in profit zone here now, vxx calls now at 4.60 vs 2.07 posting, more than double
1012
Silver SLV has gapped down, good for silver shorts or ZSL, the ZSL is at 9% roi since yest idea posting
,,,,,,,,,,,,,,,,,,,,SSO is down 4.80 roi loss atm
1011
in CAT here at 99.00
* 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".
Monday, March 14, 2011
Monday ramblings
359
watching last 2 days for TBT re-entry,,,still waiting another 4-28 trading hours
348
TEVA just hits it .30 trgt higher,,,still see much higher in coming days weeks, holding long.
it has a bull harami daily candle, almost the more bullish engulfing candle, needs confirmation with close tomorrow or later over todays high
347
BAC up about 0.8% off its lows
346
spx could rally to 1314 and still be bearsish,,,may look to swing short up there in coming days ,,,depending on charts
342
MSFT rallying nicely here from 3540, last is 3572
342
HSY is not rallying with spx here, good for shorts hsy
234
............................
UNG volatil continues, with a harsh selloff, tho still higher lows on 60min chart fo now, and a higher hi,,i'm holding the multi week swing thru this
230
also the 60min spy chart is forming a bull diverg on 60min charts that could sugg rally: lower lows on price but equiv (or higher) lows on macd hist, macd, and rsi,,,with the 60min macd hist close to crossing 0
230
ES daily candle looks v bearish, BUT the SPY daily candle is actually an indecisive doji atm, and could suggest a rally in coming days
219
15min R is at 1295
218
i have resist trgt trendline drawn on 60min chart spx 1332, 1325, 1321 i'm also watching, curr trendline R is 1314 spx, with Boll Band R 1308
216
stoch up to 82, then down to 70ish, then up again to 82 is common pattern on 15min i'm looking to see if it does that
114
testing 1291 R now in spx,
100pm
intraday,teva testing 60min resis on this move up here, then trgt test 4930 if breaks here, 4910 last
1242
long MSFT 25.39
1147
TEVA in daily bull falling wedge,,,holding ok imo given spx decline today,,, TEVA trgt 52.50ish then 5500 5700,, last 48.91
1140
added more TEVA long
1140
taking profits in shorts in DDS and WLP,,,holding HSY shorts,,,spx bounce poss now,,will look to reenter short swings
1135
BAC long 14.11
1111
spx now touching the 60min support line, watching reaction,, usually it will stall or bounce, tho violation lower can happn first
1033
1290 spx is 60min trendline support, watching reaction if it gets there, 1294 last, usualy holds first test for a bounce to near upper channel resist line
1025
think may take a bit for a short setup imo for swing (not scalp),,,60min suggests bounce still poss,,,bull diverg forming in 3min spx even for short term scalp, last spx 1296
1024
think may take a bit for a short setup imo for swing (not scalp),,,60min suggests bounce still poss,,,bull diverg forming in 3min spx even for short term scalp
1019
trade idea: silver swing short setup, ZSL here 2635 or short slv 35.12
1015
spx swing charts still have same pattern as thurs fri,,,shortable entries swing may present later, still see waiting 3-8 more hours
1009
UNG continues to go higher, still holding that as swing awhile longer
1005
AEA from friday new entry is approaching Friday's target of 5.09, but i will not sell there but will hold for higher targets. curr at 4.5% roi, will sell 5.80 at 18% profit if filled
* 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".
watching last 2 days for TBT re-entry,,,still waiting another 4-28 trading hours
348
TEVA just hits it .30 trgt higher,,,still see much higher in coming days weeks, holding long.
it has a bull harami daily candle, almost the more bullish engulfing candle, needs confirmation with close tomorrow or later over todays high
347
BAC up about 0.8% off its lows
346
spx could rally to 1314 and still be bearsish,,,may look to swing short up there in coming days ,,,depending on charts
342
MSFT rallying nicely here from 3540, last is 3572
342
HSY is not rallying with spx here, good for shorts hsy
234
............................
UNG volatil continues, with a harsh selloff, tho still higher lows on 60min chart fo now, and a higher hi,,i'm holding the multi week swing thru this
230
also the 60min spy chart is forming a bull diverg on 60min charts that could sugg rally: lower lows on price but equiv (or higher) lows on macd hist, macd, and rsi,,,with the 60min macd hist close to crossing 0
230
ES daily candle looks v bearish, BUT the SPY daily candle is actually an indecisive doji atm, and could suggest a rally in coming days
219
15min R is at 1295
218
i have resist trgt trendline drawn on 60min chart spx 1332, 1325, 1321 i'm also watching, curr trendline R is 1314 spx, with Boll Band R 1308
216
stoch up to 82, then down to 70ish, then up again to 82 is common pattern on 15min i'm looking to see if it does that
114
testing 1291 R now in spx,
100pm
intraday,teva testing 60min resis on this move up here, then trgt test 4930 if breaks here, 4910 last
1242
long MSFT 25.39
1147
TEVA in daily bull falling wedge,,,holding ok imo given spx decline today,,, TEVA trgt 52.50ish then 5500 5700,, last 48.91
1140
added more TEVA long
1140
taking profits in shorts in DDS and WLP,,,holding HSY shorts,,,spx bounce poss now,,will look to reenter short swings
1135
BAC long 14.11
1111
spx now touching the 60min support line, watching reaction,, usually it will stall or bounce, tho violation lower can happn first
1033
1290 spx is 60min trendline support, watching reaction if it gets there, 1294 last, usualy holds first test for a bounce to near upper channel resist line
1025
think may take a bit for a short setup imo for swing (not scalp),,,60min suggests bounce still poss,,,bull diverg forming in 3min spx even for short term scalp, last spx 1296
1024
think may take a bit for a short setup imo for swing (not scalp),,,60min suggests bounce still poss,,,bull diverg forming in 3min spx even for short term scalp
1019
trade idea: silver swing short setup, ZSL here 2635 or short slv 35.12
1015
spx swing charts still have same pattern as thurs fri,,,shortable entries swing may present later, still see waiting 3-8 more hours
1009
UNG continues to go higher, still holding that as swing awhile longer
1005
AEA from friday new entry is approaching Friday's target of 5.09, but i will not sell there but will hold for higher targets. curr at 4.5% roi, will sell 5.80 at 18% profit if filled
* 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".
Friday, March 11, 2011
Friday ramblings / Thurs eve futures
349
to me 60min and daily chart suggest upside might not be done, with chop poss
332
will sell my sso 5227 5223 if able, last 5202, from yest 5128 entry
328
if u look at spy u can see it,,,cannot see on spx or es,,,,,spx is a bull harami
324
if spy closes near here then it has a bull engulfing candle that would need confirmation next week with a dialy close over todays hi
319
509 AEA today would surprise me but will still sell there if it hits today and try to reenter next week, 502 last
310
if gets there today, i'd maybe short 1316 spx, 1312 spx trgt might be shortable,, 1316 not likely today
306
1307 trgt es last 1302
145
long TEVA 49.12 for swing
119
here is the spx expected pb here, but still over 1296
1252
if AEA hits 5.09 today i'll exit to take profit 4%ish and re-enter later
1251
AEA up 1.7% from entry this morning, still holding for higher trgts,
1244
spx may pb to 1296 but over 1296 bullish to me on curr chart,,then may get a nice short signal
1243
spx hit its first trgt 1303, or one pt under 1304 trgt,,,watching reaction but still see higher poss
1237
imo,,,,15 and 60min spx charts suggest a pb here, then up to prob higher intraday hi, then down hard,,,down hard maynot get today,, if correct, its a pattern that can take 16 spx trading hours (not es hours)
1140
aixg, i believe will outperform INTC and SMH
1102
its very volatile and can move fast
1102
/NG nat gas up 3% today, and if resist breaks next trgt about 4% higher for 7% up, pushing on R now
1054
SPX is flat today atm, DDS is up 1% and WLP is down 1%,,, just an illustration of how trading individ stocks patterns vs spx can work
1035
AEA has 4x bull diverg 60min macd line:price and rsi:price, and the daily macd hist is almost ready to cross above 0
1028
swing Long AEA here 4.88
1014
for about 4% profit in DBA
1014
exiting DBA now and will look to reenter,
1010
UNG mid term position trade to hold for weeks, still see a 10-24% move up
1009
swing DDS and WLP shorts are much more volatile, and UNG long
1009
swing HSY shorts are soooo slow, but still se 4900ish HSY, 5373 last, near entry
1002
spx can go as high as 1318 as still be bearish in its 60min down channel
1002
think a bounce to 1304 spx to start trgt, then will see reaction there
954
DBA is down nicely this morn, good for short,,,i'm lowering my cover price to 32.77 from 33.29 to try to get a larger profit on it if able, may take profits sooner, watching reactions now,,, 4.05% roi atm, if the lower trgt is hit then roi will be 7%
929
GM
* 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".
to me 60min and daily chart suggest upside might not be done, with chop poss
332
will sell my sso 5227 5223 if able, last 5202, from yest 5128 entry
328
if u look at spy u can see it,,,cannot see on spx or es,,,,,spx is a bull harami
324
if spy closes near here then it has a bull engulfing candle that would need confirmation next week with a dialy close over todays hi
319
509 AEA today would surprise me but will still sell there if it hits today and try to reenter next week, 502 last
310
if gets there today, i'd maybe short 1316 spx, 1312 spx trgt might be shortable,, 1316 not likely today
306
1307 trgt es last 1302
145
long TEVA 49.12 for swing
119
here is the spx expected pb here, but still over 1296
1252
if AEA hits 5.09 today i'll exit to take profit 4%ish and re-enter later
1251
AEA up 1.7% from entry this morning, still holding for higher trgts,
1244
spx may pb to 1296 but over 1296 bullish to me on curr chart,,then may get a nice short signal
1243
spx hit its first trgt 1303, or one pt under 1304 trgt,,,watching reaction but still see higher poss
1237
imo,,,,15 and 60min spx charts suggest a pb here, then up to prob higher intraday hi, then down hard,,,down hard maynot get today,, if correct, its a pattern that can take 16 spx trading hours (not es hours)
1140
aixg, i believe will outperform INTC and SMH
1102
its very volatile and can move fast
1102
/NG nat gas up 3% today, and if resist breaks next trgt about 4% higher for 7% up, pushing on R now
1054
SPX is flat today atm, DDS is up 1% and WLP is down 1%,,, just an illustration of how trading individ stocks patterns vs spx can work
1035
AEA has 4x bull diverg 60min macd line:price and rsi:price, and the daily macd hist is almost ready to cross above 0
1028
swing Long AEA here 4.88
1014
for about 4% profit in DBA
1014
exiting DBA now and will look to reenter,
1010
UNG mid term position trade to hold for weeks, still see a 10-24% move up
1009
swing DDS and WLP shorts are much more volatile, and UNG long
1009
swing HSY shorts are soooo slow, but still se 4900ish HSY, 5373 last, near entry
1002
spx can go as high as 1318 as still be bearish in its 60min down channel
1002
think a bounce to 1304 spx to start trgt, then will see reaction there
954
DBA is down nicely this morn, good for short,,,i'm lowering my cover price to 32.77 from 33.29 to try to get a larger profit on it if able, may take profits sooner, watching reactions now,,, 4.05% roi atm, if the lower trgt is hit then roi will be 7%
929
GM
* 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".
Thursday, March 10, 2011
Thurs ramblings
348
exiting shorts on RSX russian ,,,taking profit, will look to reenter
342
ES could still bounce 10 points and still be within the 60min downtrend
155
over 1291.50 ES i am bullish into close,,,under that bearish
235
ES could move up higher here now, from 1293,, agress scalp long could work
136
3386 exited vxx from 3337, last 3392
135
covering half day short here makes sense, or 75%,,,looks v bearish but at daytrade supp #1, 1290.50 from 1297
132
129150 es now touching the supp line,watsching reacton
128
watching 1292 ES also for poss slightly higher low,,,1292 would be channel support on new 60min downtrend channel,, could go lower than 1292 esp since its a new channel and i excluded part of a tail
1241
ES and SPY 60 min, no bull rsi fail swings yet,,,suggests lower in comoing hours, tho bounces possible first
1233
flag trgt is about 1280 es
1232
ES has a 15min bear flag that has broken back down, now watching to see if it can follow thru lower or not
1212
its not clear on ES but SPY 3min has a bear dbl top on stoch,wtaching to see if follow thru down,,,also often ther first 15min chart rally attempt will fail and retest lower first
1203
ES 1299 bounce trgtr just hit, and stalling now
1141
or vxx 33.37
1141
1297 es short could work here
1101
ES approaching 1299 bounce trgt, day short may work there but no confirmed setup yet
1038
conserv swings from 1318 would exit here 1290.
1008
after SPX 60 min candles get smaller and start to base, can take swing short profits,,,then should bounce and allow another opp to re-enter short,,,should get at least one more bounce, in coming hours days not minutes
959
while RSX russia down 3.07%
958
tho thats disappointing for the HSY short position,, still short now
957
HSY down only 0.5% vs spy down 1.5%,, shows how individ stock performance is often different than the index spx
954
SLV gap down today, poss island top in
905 AM
The swing sell signal is at about 16 points for ES, or 1.25% roi now for spy, 3.75% for spxu, is at target 1 now, with lower SPY still expected tho this is a profit taking area for partial shares
* 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".
exiting shorts on RSX russian ,,,taking profit, will look to reenter
342
ES could still bounce 10 points and still be within the 60min downtrend
155
over 1291.50 ES i am bullish into close,,,under that bearish
235
ES could move up higher here now, from 1293,, agress scalp long could work
136
3386 exited vxx from 3337, last 3392
135
covering half day short here makes sense, or 75%,,,looks v bearish but at daytrade supp #1, 1290.50 from 1297
132
129150 es now touching the supp line,watsching reacton
128
watching 1292 ES also for poss slightly higher low,,,1292 would be channel support on new 60min downtrend channel,, could go lower than 1292 esp since its a new channel and i excluded part of a tail
1241
ES and SPY 60 min, no bull rsi fail swings yet,,,suggests lower in comoing hours, tho bounces possible first
1233
flag trgt is about 1280 es
1232
ES has a 15min bear flag that has broken back down, now watching to see if it can follow thru lower or not
1212
its not clear on ES but SPY 3min has a bear dbl top on stoch,wtaching to see if follow thru down,,,also often ther first 15min chart rally attempt will fail and retest lower first
1203
ES 1299 bounce trgtr just hit, and stalling now
1141
or vxx 33.37
1141
1297 es short could work here
1101
ES approaching 1299 bounce trgt, day short may work there but no confirmed setup yet
1038
conserv swings from 1318 would exit here 1290.
1008
after SPX 60 min candles get smaller and start to base, can take swing short profits,,,then should bounce and allow another opp to re-enter short,,,should get at least one more bounce, in coming hours days not minutes
959
while RSX russia down 3.07%
958
tho thats disappointing for the HSY short position,, still short now
957
HSY down only 0.5% vs spy down 1.5%,, shows how individ stock performance is often different than the index spx
954
SLV gap down today, poss island top in
905 AM
The swing sell signal is at about 16 points for ES, or 1.25% roi now for spy, 3.75% for spxu, is at target 1 now, with lower SPY still expected tho this is a profit taking area for partial shares
* 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".
Wednesday, March 9, 2011
Wedn ramblings (and Tues eve ES futures)
405
once again, es selling 15min after the close
400
how appropriate, an indecisive doji candle today, inside the SPX indescive coil pattern of last many days
356
boring close lacking convict either way
344
and a higher us dollar is not generally good for spx
343
VXX daily and 60min charts : to me, VXX looks more bulllish than SPX looks bullish, which would be bearish for spx in coming days weeks.
337'
for es, spx,,,i still have a swing short signal, to hold for days weeks
328
bear intraday gap down on 3min es,,,doesnt happen a lot intraday
308
poss bull inv hs , V now in 3min es,,,watching the support and resist for up or down moves
251
now watching to see if tests es 1316 or not, and then 1311
250
atm bearish es spy spx, but 3min needs more bars to confirm,,,a lower high thus far
235
when coupled with these 15 and 60m charts
235
this pattern on 3min ES,,,often it will tell the close, based on where it is 6-12 minuts from now
1234
today VXX is more bullish than SPY is bullish, suggests lower spy spx
1210
9 touches on the 60min resist coil
1209
SPY hit 60min coil resist and stalled, pb some
1200
3min ES rallies on lower volume than declines
1151
SLV silver looks bearish today,,,further declines expected in coming days weeks
1132
3min bear ES head shldr with 1304 trgt, near the 1306 prior low and horiz supp
1105
SPY hit 131.60 or one cent under trgt and bounced, low of day .60 so far but imo .60 is breakable lower
1057
since SPY bounce above the .61 without testing,,,.61 could break on the first try if it visits there
1055
SPY swing short signal is likely to remain on short for at least another 8 trading hours
947
DDS down nicely today
946
on 15min spy chart
945
SPY 131.25 is coil support, under 131.61 horiz,,,poss bull inv HS if .61 holds
942
swing sell signal from yest on spy spx still on sell
942
spy 131.61 support,, lower poss but stall likely there intraday
858am
GM
* 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".
once again, es selling 15min after the close
400
how appropriate, an indecisive doji candle today, inside the SPX indescive coil pattern of last many days
356
boring close lacking convict either way
344
and a higher us dollar is not generally good for spx
343
VXX daily and 60min charts : to me, VXX looks more bulllish than SPX looks bullish, which would be bearish for spx in coming days weeks.
337'
for es, spx,,,i still have a swing short signal, to hold for days weeks
328
bear intraday gap down on 3min es,,,doesnt happen a lot intraday
308
poss bull inv hs , V now in 3min es,,,watching the support and resist for up or down moves
251
now watching to see if tests es 1316 or not, and then 1311
250
atm bearish es spy spx, but 3min needs more bars to confirm,,,a lower high thus far
235
when coupled with these 15 and 60m charts
235
this pattern on 3min ES,,,often it will tell the close, based on where it is 6-12 minuts from now
1234
today VXX is more bullish than SPY is bullish, suggests lower spy spx
1210
9 touches on the 60min resist coil
1209
SPY hit 60min coil resist and stalled, pb some
1200
3min ES rallies on lower volume than declines
1151
SLV silver looks bearish today,,,further declines expected in coming days weeks
1132
3min bear ES head shldr with 1304 trgt, near the 1306 prior low and horiz supp
1105
SPY hit 131.60 or one cent under trgt and bounced, low of day .60 so far but imo .60 is breakable lower
1057
since SPY bounce above the .61 without testing,,,.61 could break on the first try if it visits there
1055
SPY swing short signal is likely to remain on short for at least another 8 trading hours
947
DDS down nicely today
946
on 15min spy chart
945
SPY 131.25 is coil support, under 131.61 horiz,,,poss bull inv HS if .61 holds
942
swing sell signal from yest on spy spx still on sell
942
spy 131.61 support,, lower poss but stall likely there intraday
858am
GM
* 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".
Tuesday, March 8, 2011
Tuesday's ramblings
406
theres that test lower of the hangman 60min ES
346
Higher EUO (higher dollar lower euro) may put selling pressure on spx in coming days
326
3min ES bear stoch dbl top,,,see if it puts pressure selling into the close
321
also atm, daily SPY rsi is carving out a bearish lower high
305
50% size position in case it wants higher first
304
swing sell short signal on ES 1323 here just triggered, imo
300
es,,,watch out for the 60min bear hangman,could retest it lower
237
Shorting DDS 41.00 here
147
airlines LUV LCC are higher today, luv up almost 6%
116
60min es bear harami but it needs confirm as the same thing can also be a bull flag
1247
i continue holding UNG long swing,,,looks good still to me
1246
HSY: daily bear rising wedge
1217
i'll try 53.75 short HSY for swing here
1124
small bear es diverg es:vxx,,, es 3min testing highs vs vxx higher lows
1102
a 15min bar candle close under 1314 es would be bearish and give a second sell signal
1052
stopped out of cxo, 4% profits taken, will look to reenter
1044
stop 103.53 on half of cxo to lock profit in case of bounce, is at interim trgt not
1039
101.25 cxo trgt with 100.54 area for limit stretch trgt
1038
CXO has broken the 104.30 :),,,third try daily, but now must sustain lower,watching
1016
Theres 1318 ES trgt, watching reaction now, short could work here
1008
cxo 104.30ish would make a third test of a signif low if it gets there, often it wil break on the 3rd try lower (after normal bounce first),,,in coming hours days
1006
watching to see if es wants 1318 or not
957
for now. i will take profit on cxo lim 101.54 to cover shorts at mkt there if hit, from 107.80 short,, still may cover earlier, last 105.09
949
CXO has broken support #1, up about 2% roi atm,,,still another supp below likely to test, watching to see if that holds or not, may exit to take profit and reener later
937
im still short swing cxo,,watching to see if daily support breaks, bearish atm but support not broken yet
933
EUO looks to have broke out of its bull falling wedge with a nice gap up this morn (euo is short euro 2x, like long dollar 2x)
917am
GM
* 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".
theres that test lower of the hangman 60min ES
346
Higher EUO (higher dollar lower euro) may put selling pressure on spx in coming days
326
3min ES bear stoch dbl top,,,see if it puts pressure selling into the close
321
also atm, daily SPY rsi is carving out a bearish lower high
305
50% size position in case it wants higher first
304
swing sell short signal on ES 1323 here just triggered, imo
300
es,,,watch out for the 60min bear hangman,could retest it lower
237
Shorting DDS 41.00 here
147
airlines LUV LCC are higher today, luv up almost 6%
116
60min es bear harami but it needs confirm as the same thing can also be a bull flag
1247
i continue holding UNG long swing,,,looks good still to me
1246
HSY: daily bear rising wedge
1217
i'll try 53.75 short HSY for swing here
1124
small bear es diverg es:vxx,,, es 3min testing highs vs vxx higher lows
1102
a 15min bar candle close under 1314 es would be bearish and give a second sell signal
1052
stopped out of cxo, 4% profits taken, will look to reenter
1044
stop 103.53 on half of cxo to lock profit in case of bounce, is at interim trgt not
1039
101.25 cxo trgt with 100.54 area for limit stretch trgt
1038
CXO has broken the 104.30 :),,,third try daily, but now must sustain lower,watching
1016
Theres 1318 ES trgt, watching reaction now, short could work here
1008
cxo 104.30ish would make a third test of a signif low if it gets there, often it wil break on the 3rd try lower (after normal bounce first),,,in coming hours days
1006
watching to see if es wants 1318 or not
957
for now. i will take profit on cxo lim 101.54 to cover shorts at mkt there if hit, from 107.80 short,, still may cover earlier, last 105.09
949
CXO has broken support #1, up about 2% roi atm,,,still another supp below likely to test, watching to see if that holds or not, may exit to take profit and reener later
937
im still short swing cxo,,watching to see if daily support breaks, bearish atm but support not broken yet
933
EUO looks to have broke out of its bull falling wedge with a nice gap up this morn (euo is short euro 2x, like long dollar 2x)
917am
GM
* 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".
Monday, March 7, 2011
Monday ramblings
115
DBA 15min has bearish 3 methods 5 candle continuation lower pattern, needs confirm with close below recent 15min lows
112
From daily highs: silver down, agriculture down, spx down and TLT higher... are they selling all classes and buying bonds safety?
1206
VXX 60min has today made a higher low and a higher hi, bullish for vxx, bearish for spx,,,but can vxx sustain higher? imo chart suggests some whipsaw with upside vxx bias, over 2980 is bullish vxx, last 3301
1150
vxx calls from 207 now at 2.93 or up 41% profit atm from trade idea, tho i'm long the underlying not the options
41%
1104
ES is now testing that daily uptrendline yet again,,,still think it will break from swing perspective lower
1027
i'm in 3543 DBA short swing
1011
if EURO 15min stoch 14 3 3 gets over 80, and theres a lower 60min hi, it may present a nice short opp,,,will look at charts if that happens (or inverse for dollar long /DX)
944
sold 3737 on FE to lock about 2.25% profits,,will look to reenter later
942
GM
* 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".
DBA 15min has bearish 3 methods 5 candle continuation lower pattern, needs confirm with close below recent 15min lows
112
From daily highs: silver down, agriculture down, spx down and TLT higher... are they selling all classes and buying bonds safety?
1206
VXX 60min has today made a higher low and a higher hi, bullish for vxx, bearish for spx,,,but can vxx sustain higher? imo chart suggests some whipsaw with upside vxx bias, over 2980 is bullish vxx, last 3301
1150
vxx calls from 207 now at 2.93 or up 41% profit atm from trade idea, tho i'm long the underlying not the options
41%
1104
ES is now testing that daily uptrendline yet again,,,still think it will break from swing perspective lower
1027
i'm in 3543 DBA short swing
1011
if EURO 15min stoch 14 3 3 gets over 80, and theres a lower 60min hi, it may present a nice short opp,,,will look at charts if that happens (or inverse for dollar long /DX)
944
sold 3737 on FE to lock about 2.25% profits,,will look to reenter later
942
GM
* 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".
Friday, March 4, 2011
Friday ramblings / Thurs eve futures
251
FE long has bounced nicely, this is an early entry based on bull diverg on 60min macd hist, among other things
205
interesting, A (agilent) is up 5.6% today,,, i dont have any, just observation that long hedges can work even when market is down
158
trying FE long at 3650 here,swing
124
imo, ES SPX under their 15min candle high is bearish,,over that could rally,, 60min spx suggests more downside or sideways, and poss short bounce if one comes
100
3207 stop mrkt order on half of vxx to protect profits
1242
i will lim sell some of vxx 32.19 if able, from 31.04 cost
1229
3280 vxx trg, last 32.23, from 30.58 low this morn,, its moving now,,,may stall soon
1223
ES is now at its daily uptrend support line,,,1312,,,depending on how u draw the line,,,watching this area closely,,chart still bearish to me for swings
1218]
VXX daily cabnlde bull engulfing atm
1216
VXX has done it, broken coil to upside as expected, but the break is marginal, watching to see if it sustains or not,,,and the 60min MACD hist on VXX has not even crossed 0 yet, tho near there now,, could go much higher toward upper targets
1208
IBM has pulled back and is now near support for its poss bull W 60min setup,,,tho chance of failure on the W is high must respect its there,,impt test coming
1202
3min VXX triple top,,,could break v soon higher vxx
1157
60min chart of VXX continues to remain within its coil triangle, and charts suggest a break higher in vxx today, its nearing the apex now,,,, would suggest lower ES SPX if vxx breaks higher
1133
watch ES 1310 area, its support via daily uptrend line
1109
a 60min VXX close over 3205 would put the close over the triangle (breakout) as well as over horiz resist, would be bullish for vxx bearish for spx
1108
intraday wicks galore on SPY today, up and down
1103
VXX 60min is in a coil triangle, expecting break to upside in next 1-8 hours, likely today
1029
RSX russian stock etf has a very classic bearish eve star on daily chart, reversal pattern lower
1020
VXX now at 3143 up nicely 1% roi, still see much higher to targets 3300, 3400, 3500, 3800
1008
TBT has moved lower, no re=entry yet in tlt or tbt that i see, exited yesterday TBT
926
GM
* 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".
FE long has bounced nicely, this is an early entry based on bull diverg on 60min macd hist, among other things
205
interesting, A (agilent) is up 5.6% today,,, i dont have any, just observation that long hedges can work even when market is down
158
trying FE long at 3650 here,swing
124
imo, ES SPX under their 15min candle high is bearish,,over that could rally,, 60min spx suggests more downside or sideways, and poss short bounce if one comes
100
3207 stop mrkt order on half of vxx to protect profits
1242
i will lim sell some of vxx 32.19 if able, from 31.04 cost
1229
3280 vxx trg, last 32.23, from 30.58 low this morn,, its moving now,,,may stall soon
1223
ES is now at its daily uptrend support line,,,1312,,,depending on how u draw the line,,,watching this area closely,,chart still bearish to me for swings
1218]
VXX daily cabnlde bull engulfing atm
1216
VXX has done it, broken coil to upside as expected, but the break is marginal, watching to see if it sustains or not,,,and the 60min MACD hist on VXX has not even crossed 0 yet, tho near there now,, could go much higher toward upper targets
1208
IBM has pulled back and is now near support for its poss bull W 60min setup,,,tho chance of failure on the W is high must respect its there,,impt test coming
1202
3min VXX triple top,,,could break v soon higher vxx
1157
60min chart of VXX continues to remain within its coil triangle, and charts suggest a break higher in vxx today, its nearing the apex now,,,, would suggest lower ES SPX if vxx breaks higher
1133
watch ES 1310 area, its support via daily uptrend line
1109
a 60min VXX close over 3205 would put the close over the triangle (breakout) as well as over horiz resist, would be bullish for vxx bearish for spx
1108
intraday wicks galore on SPY today, up and down
1103
VXX 60min is in a coil triangle, expecting break to upside in next 1-8 hours, likely today
1029
RSX russian stock etf has a very classic bearish eve star on daily chart, reversal pattern lower
1020
VXX now at 3143 up nicely 1% roi, still see much higher to targets 3300, 3400, 3500, 3800
1008
TBT has moved lower, no re=entry yet in tlt or tbt that i see, exited yesterday TBT
926
GM
* 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".
Thursday, March 3, 2011
Thurs ramblings
408
bearish afterhours SPY wick: 131.21 spy red time and sales, 2 million shares,, may result in lower spx tomorrow and coming days
331
VXX Apr 16 2011 33.0 Calls are at 2.07 now, tho i prefer the underlying to the options
311
VXX is not making lower daily lows, as the SPX makes higher highs,,, VXX may shoot up nicely in comoing hours days
310
VXX 3100 here could work,,VXX is very volatile compared to other intstruments so buying less shares than normal also makes sense
301
ES up 1.95% vs CXO actually down 0.15% today, good for CXO shorts
229
SPY spx possibly in proces of trend change to downtrend, not confirmed yet.
For spy daily chart, Draw a line from Feb 10 low to Feb 24 low,, and a second trendline from Feb 18 high to Mar 1 High
222
es hit 1230 trgt,,,watching reaction now
118
3933 tbt exit makes sense here to lock profit, can always buy back, tho 3948 is resistance trgt higher
1218
*3913 sto[p
1217
3914 tbt stop here makes sense,,,enough of a move up to warrant profit taking,,3923 last, v tite stop on the swing trade
1141
ES may go back to 1321 test now, 1325 last
1048
ES is now very close to its 60min DTL resist at 1326
1032
UNG buy alert,, ung should go higher now
1031
1317 es trgt if 21 breaks lower
1023
1321 ES supp from new break over it, should stall there, then will watch to see if break lower
1010
scalpers could take 2.75--3 pts profit here es,,,,daytrader would hold longer
951
1325 short es could work here, or 132475
948
idea: 132.94 shorting SPY here
924
SPY didnt hit 132.60, hit 132.54 a few cents away,,, never got a fill on that order, cancelling it and will do manually, was intended for quick spike at 830am
809 am
Premarket shorting SPY 132.60 could work, limit 132.60 if filled
* 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".
bearish afterhours SPY wick: 131.21 spy red time and sales, 2 million shares,, may result in lower spx tomorrow and coming days
331
VXX Apr 16 2011 33.0 Calls are at 2.07 now, tho i prefer the underlying to the options
311
VXX is not making lower daily lows, as the SPX makes higher highs,,, VXX may shoot up nicely in comoing hours days
310
VXX 3100 here could work,,VXX is very volatile compared to other intstruments so buying less shares than normal also makes sense
301
ES up 1.95% vs CXO actually down 0.15% today, good for CXO shorts
229
SPY spx possibly in proces of trend change to downtrend, not confirmed yet.
For spy daily chart, Draw a line from Feb 10 low to Feb 24 low,, and a second trendline from Feb 18 high to Mar 1 High
222
es hit 1230 trgt,,,watching reaction now
118
3933 tbt exit makes sense here to lock profit, can always buy back, tho 3948 is resistance trgt higher
1218
*3913 sto[p
1217
3914 tbt stop here makes sense,,,enough of a move up to warrant profit taking,,3923 last, v tite stop on the swing trade
1141
ES may go back to 1321 test now, 1325 last
1048
ES is now very close to its 60min DTL resist at 1326
1032
UNG buy alert,, ung should go higher now
1031
1317 es trgt if 21 breaks lower
1023
1321 ES supp from new break over it, should stall there, then will watch to see if break lower
1010
scalpers could take 2.75--3 pts profit here es,,,,daytrader would hold longer
951
1325 short es could work here, or 132475
948
idea: 132.94 shorting SPY here
924
SPY didnt hit 132.60, hit 132.54 a few cents away,,, never got a fill on that order, cancelling it and will do manually, was intended for quick spike at 830am
809 am
Premarket shorting SPY 132.60 could work, limit 132.60 if filled
* 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".
Wednesday, March 2, 2011
Wedn ramblings (and Tues eve ES futures)
249
SLV selling some here
223
TBT breaking higher here now, up 2%+ today (TLT treas bonds down)
218
trade idea: 67.59 short on WP could work, swing
136
CXO short swing 107.80 could work here
1243
exiting msft 2630 here and will look to reenter again,,,to lock profit,,,could hold longer but will actively trade it instead
1235
MSFT targets: 2637, 2643, 2649, 2663 (downtrend line resist), 26.83, 27.03, 27.18
1231
the "1239" posts below should read 1229pm, typo
1231
usually i would just sell at the prior high of day resist to reenter, but the daily candle is still small so targeting yest high
1239
will watdch reaction at .37 test, may sell there and reenter, or just hold, idk
1239
msft trgt is 2703 but of course may need to sell sooner at lower price since this is scalp
1238
msft last 2631, expecting test of high of day .37, and think it will break the higher for a higher hi, tho stall, pullback at .37 would be normal
1202
in MSFT 26.20
1201
i think one more mini bounce before bigger downside, ES,,if so may be a shortable bounce
1150
MSFT long 2620 lim if filled i will try, 2628 last
1149
Looknig for poss entry LONG on MSFT to scalp bounce, still short on other positions swing, no msft entry yet
1111
qqqq 5770ish might present a short opp
1049
currently reviewing DOW 30 and Nasdaq top 33 stocks for long or short entries
* 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".
SLV selling some here
223
TBT breaking higher here now, up 2%+ today (TLT treas bonds down)
218
trade idea: 67.59 short on WP could work, swing
136
CXO short swing 107.80 could work here
1243
exiting msft 2630 here and will look to reenter again,,,to lock profit,,,could hold longer but will actively trade it instead
1235
MSFT targets: 2637, 2643, 2649, 2663 (downtrend line resist), 26.83, 27.03, 27.18
1231
the "1239" posts below should read 1229pm, typo
1231
usually i would just sell at the prior high of day resist to reenter, but the daily candle is still small so targeting yest high
1239
will watdch reaction at .37 test, may sell there and reenter, or just hold, idk
1239
msft trgt is 2703 but of course may need to sell sooner at lower price since this is scalp
1238
msft last 2631, expecting test of high of day .37, and think it will break the higher for a higher hi, tho stall, pullback at .37 would be normal
1202
in MSFT 26.20
1201
i think one more mini bounce before bigger downside, ES,,if so may be a shortable bounce
1150
MSFT long 2620 lim if filled i will try, 2628 last
1149
Looknig for poss entry LONG on MSFT to scalp bounce, still short on other positions swing, no msft entry yet
1111
qqqq 5770ish might present a short opp
1049
currently reviewing DOW 30 and Nasdaq top 33 stocks for long or short entries
* 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".
Tuesday, March 1, 2011
tuesday's ramblings
352
1708 NWSA,,exited,,only 2.26% profit but can always re-etner,,,didnt move like IBM
342
*exiting not covering
342
covering 2074 TYP to lock 4.3%+ profit from yest
1697 lim cover NWSA
332
2096 TYP trgt
318
TBT would buy would be to add the second half, other half from 38.12
318
if filled, 36.77 lim buy TBT could work
240
EURO is waking up and may break support here for lower
234
158.53 IBM limit trgt to cover shorts if able, then bounce then lower
226
*1307.50 LOL
222
ES is about a half point above its daily uptrend support line atm, precarious having tested it twice in last few days
215
idea: cover nwsa 16.77 if able, from 17.49 entry,,then look to reenter short
210
TYP trading idea from yest up 4% roi now, tightening stops makes sense on half
209
NWSA has also cracked support and is outperforming IBM
207
159.17 IBM trgt or near there, last 160.21,,, a close under 159.00 would be v bearish and put IBM below its feb 24th low
210
TBT poss bull morning star reversal, daily, needs confirmaton (or bear eve star on TLT)
154
1290.75 next es trgt
146
ES just exactly hit 1310.25 target and bounced, still see lower on 60m charts
144
IBM is about 10% of the DOW $DJI index weighting i think
144
IBM has cracked support and sustained, for now, still see lower to next support level which is more impt one (prior daily low)
134
still have a hold on typ atm
134
TYP is up 3.4% since yesterdays trading idea
128
an es close under 1288 would be bearish,, imo thats what bears need (not nec today),, watching reactions at 1310 and 1290 es if gets there
118
watching nwsa support test at 1729,,,,still see lower for swing nwsa
107
* "often" is a better word than "usually"
104
"usually" a significant bounce over 10 points would not happen for at least 3 more hours,,but those are just "usuallys" for observation, anything can happen
102
1310, ,,, 1291 trgts initially ES
101
60 min ES chart, this pattern will usually make a lower low
1243
IBM is developing a pattern thats similar to the bear 3 methods (5 candles daily) continuation lower pattern, watching reactions,,,this is the same pattern we talke about when NFLX plunged before,, for swings it suggests lower IBM in coming days weeks, along with other indicators, if confirmed
1230
Russian stock mkt RSX also weak today, bear engulf daily candle atm
1204
IBM has marginally broken its support from yest,,,watching reaction now for further down , or a bounce higher
1203
because the ES daily trendline was tested so recently (3 days ago) it could easily break on the next test, tho stall expected,,,,trendlines also break sometimes as prices shift sideways
1151
IBM is back down on another test near the 161.27 support from yest,,still looks like it will break lower eventually to me
1140
also a poss bear HS developing on daily ES, too early to tell now
1139
1310ish is the daily ES uptrend support line from sept which must be respected until broken lower, i do expect a break of it after poss stall, and then a re-draw would be needed on ES daily for a 3rd lower support line. The current support line is #2 redraw, usually after the 3rd redraw breaks then a trend change, so possibly still some more work to do as ES chops around volatile in daily
1133
ES 1310.25 trgt lower, last 1319.50
1122
lim 5783 scalp qqqq could work, short
1052
ung calls 7 cents could work,,,
or the $5 calls would be a less agressive trade instead of $6
1014
RSX is already approaching yesterdays low, have a hold short swing,,
TYP is also up as qqqq r down, have a hold typ also
839 AM
Adding more silver SLV shorts here 3356 could work
* 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".
1708 NWSA,,exited,,only 2.26% profit but can always re-etner,,,didnt move like IBM
342
*exiting not covering
342
covering 2074 TYP to lock 4.3%+ profit from yest
1697 lim cover NWSA
332
2096 TYP trgt
318
TBT would buy would be to add the second half, other half from 38.12
318
if filled, 36.77 lim buy TBT could work
240
EURO is waking up and may break support here for lower
234
158.53 IBM limit trgt to cover shorts if able, then bounce then lower
226
*1307.50 LOL
222
ES is about a half point above its daily uptrend support line atm, precarious having tested it twice in last few days
215
idea: cover nwsa 16.77 if able, from 17.49 entry,,then look to reenter short
210
TYP trading idea from yest up 4% roi now, tightening stops makes sense on half
209
NWSA has also cracked support and is outperforming IBM
207
159.17 IBM trgt or near there, last 160.21,,, a close under 159.00 would be v bearish and put IBM below its feb 24th low
210
TBT poss bull morning star reversal, daily, needs confirmaton (or bear eve star on TLT)
154
1290.75 next es trgt
146
ES just exactly hit 1310.25 target and bounced, still see lower on 60m charts
144
IBM is about 10% of the DOW $DJI index weighting i think
144
IBM has cracked support and sustained, for now, still see lower to next support level which is more impt one (prior daily low)
134
still have a hold on typ atm
134
TYP is up 3.4% since yesterdays trading idea
128
an es close under 1288 would be bearish,, imo thats what bears need (not nec today),, watching reactions at 1310 and 1290 es if gets there
118
watching nwsa support test at 1729,,,,still see lower for swing nwsa
107
* "often" is a better word than "usually"
104
"usually" a significant bounce over 10 points would not happen for at least 3 more hours,,but those are just "usuallys" for observation, anything can happen
102
1310, ,,, 1291 trgts initially ES
101
60 min ES chart, this pattern will usually make a lower low
1243
IBM is developing a pattern thats similar to the bear 3 methods (5 candles daily) continuation lower pattern, watching reactions,,,this is the same pattern we talke about when NFLX plunged before,, for swings it suggests lower IBM in coming days weeks, along with other indicators, if confirmed
1230
Russian stock mkt RSX also weak today, bear engulf daily candle atm
1204
IBM has marginally broken its support from yest,,,watching reaction now for further down , or a bounce higher
1203
because the ES daily trendline was tested so recently (3 days ago) it could easily break on the next test, tho stall expected,,,,trendlines also break sometimes as prices shift sideways
1151
IBM is back down on another test near the 161.27 support from yest,,still looks like it will break lower eventually to me
1140
also a poss bear HS developing on daily ES, too early to tell now
1139
1310ish is the daily ES uptrend support line from sept which must be respected until broken lower, i do expect a break of it after poss stall, and then a re-draw would be needed on ES daily for a 3rd lower support line. The current support line is #2 redraw, usually after the 3rd redraw breaks then a trend change, so possibly still some more work to do as ES chops around volatile in daily
1133
ES 1310.25 trgt lower, last 1319.50
1122
lim 5783 scalp qqqq could work, short
1052
ung calls 7 cents could work,,,
| UNG Apr 16 2011 6.0 Call |
or the $5 calls would be a less agressive trade instead of $6
1014
RSX is already approaching yesterdays low, have a hold short swing,,
TYP is also up as qqqq r down, have a hold typ also
839 AM
Adding more silver SLV shorts here 3356 could work
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