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".