Tuesday, May 17, 2011

Tuesdau thoughts

359
UNP 60m chart has triple bull diverg but a medium strength one not ultra strong, suggests 102 test,,99.83 last

300
ES just hit the 1327/28 trgt from 140pm


239
daily SPY doji atm,,watching to see how it closes

232
4470--4500 corn trgt next

149
still see higher SPY but this is a scalp so taking profit b4 it disappears

132.90 taking spy profits here early,,maybe re-enter

140
1327/28 ES trgt, last 1323

131
xom is waking up here on 60m chart

121
SPY has tested its 15min DTL 3 times now, each time resist held, but often will break higher on the 3-4th try so holding the long here for now

116
lim sell SPY scalp at 133.18 if filled, from 132.40 cost

1234
CORN is now testing its second resist line on 60m,,tested first yest,,,still see higher CORN

1149
Long SPY 132.40,

1036
BAL trgt 8850--8900 next,

1032
lim sell second half ffiv 108.70 from 103.14, mayb sell 107ish instead

1028
PFE now testint its prior hi,,holding second half of PFE for next higher trgt, 21.20 last

1023
the 50 MA daily is the wrong one to use for CAT, diff stocks require diff MA daily. A look at CAT daily shows everytime CAT moved under its 50 MA it has bounce to a higher hi, since June,,, this may not make a high over 116 but i expect a bounce higher

955
Added more CAT long this morn, avg price now 106.74


* 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".

No comments:

Post a Comment