Wednesday thoughts

334
the 60min es still has bull diverg on rsi, tues 10am/wed 1pm and also fri 2pm

331
i still see a bull diverg on 60min spx here,, rsi over 48 would give a bull failure rsi swing on spx 60m

318
spx exactly tagged the 15min mov avg on 3min chart n bounced

316
1311.75 spx,,or breakeven are poss stops

314
1310 spx scalp is at its trgt now,,1317 for guar 7 points, for half with tite stop on other half

311
this 3min candle pattern on spx will usually make a higher hi,,,early for scalp short imo

307
if spx gets to 1319 then it will form another bull W, bigger one, on the 15min chart not the 3min

305
15min spx chart time analysis suggests spx to remain bullish for next 30-60 minutes

304
spx bullish while over its 3min chart's 15per mov avg

257
the wedge would mean higher prices b4 any pullback,,, i still see long swing setups forming here on spx

257
3min spx could form a small bear rise wedge starting from 2:30pm till now plus coming minutes

242
target for W if triggered is 1318/19 spx, right near gap resist

236
12noon-present is where i see the W, spx 3min

232
its a sloppy W if it confirms,,, written by a kindergartener not 3rd grader

229
3min spx has bull W ,,needs to break over  1314.50 to confirm

208
EUO poss break higher here, as EURO now testing its support again here,,,looks vulnerable to break lower, but its supp until broken, esp since its held many tests

204
*es 1308, spx 1312

203
spx buy program alert intraday just went off, 1308 spx

144
spx 3min could start to go higher,,,poss has a higher low now ,,,watching if gets a higher hi

131
under 1316 spx bearish imo...over 1316 could accel higher

129
BAC sometimes has declined b4 earning but then bounce back at least to mid boll band, daily,,,,

121
BAC i may hold thru its earning report 4/15.....will see what chart looks like,,,,but often if a stock is oversold before earnings,,,it will bounce higher after,,,naturally there is always risk of a lower low instead

1258
if spx gets over 1315,,,should accel higher imo, that would break the 15min DTL as well as break over horiz resist

1247
spx may go lower,,,looks like a bear trap setting up to me tho

1244
scalp/swing combo: spx 1310 long here looks good imo

1226
for swing type holds, a long setup on SPY is forming, no entry yet tho

* 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".