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

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