Monday thoughts

208
BAL may want to drop to 81 /82 again tomorrow, b4 higher,,,

205
later,,,still see 15-20% higher cotton

204
Cotton BAL up 5% today, still have the higher trgt at 8695 from 81.69, last 8495

154
bears want a daily close under 1342 SPX,, close over that could break the 60min dtl for higher highs

143
eventually these daily charts suggest to me a massive pullback, over 200 spx points, but not yet,,,spx may make a high over 1375 first,,,my reports suggest that institut are distributing here, but a final higher hi possible (unknown) before a plunge lower, in coming days weeks months not hours

120
taking profits on HOT here a little early,,may bounce hard,,,will look to reenter the short later, 5740 out

1245
same stop on F, hard stop 1493

1233
agressive long spx could work here 1338,,,i'm not doing it since think the individ stocks long are better, for multi hour hold, with poss of lower low first on 3min chart

1229
not Class A diverg so upside still limited if it triggers higher

1228
spx 60min MACD hist is tracing a bull diverg vs price,,,still needs more time to finish

1223
theres the expected pullback spx to 1338ish,,,watching reaction here,,,move to 1339 might setup a long entry, AFTER another pb on 3min charts

1205
changing HOT daily trgt to 5685 from 5653,,,, will cover HOT 5685 limit if able from 5862

1155
HOT short should move down one more time on 60min,,,then i will prob exit when it starts to base on 60min,,,should be good for re-entry again short after a bounce,,,in coming hours days

1145
resist remains resist until broken higher,,,but a bull flag on spx 15min right at resist could be dangerous for shorts, good for longs, intraday

1128
for swings, if stocks   fall,,imo russell will fall harder,,,recently individ "defensive" stocks have been the stronger ones ,,,imo no swing short setup here tho

1106
SPX now 1 pt from its 10am trgt of 1344, but no short setup imo for mutlihour holds

1100
HOT is refusing to participate in this spx rally, so holding the short for lower trgts for now, 5784 but at some support here so may stall,, supp break would prob create nice move lower, 5788 last vs 5865

1046
CORN now at resist 1 test,,,R 2 above,, over tha4875 trgtt then 5200/5300ish (swings)

1023
if 1343 short does present, then often a cover lower and immed reverse long setup will come

1022
spx 1343 might present an intraday scalp short opp, but only if 1343 resist holds,,,will watch reaction there,,,if 1343 breaks higher instead then 1348 trgt

1016
still holding the HOT swing short,,still see more downside on it, 5653 lim order still in place to cover

1014
KO has pulled back today after making a new 3 year high on Friday,,,KO may present an opp to add more shares on this pb, after another 2-5 hours of settling down, no new entries yet, staying with the intial starter position long for now from last Thurs

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