Thursday thoughts

357
if spx 60min can put in a higher low tomorrow, may give a swing long setup,,, idea to enter on the higher low and if it closes higher than entry keep else poss exit

154
this is tricky here,,, spx 1296 could break higher tho makes sense it would hold first test,,,but hanging out up here for hours now,,,,

144
TLT daily volatile candles continue

108
imo,,,aapl remains precarious on its daily n 60min charts,,,this consolodation on 60min often results in a lower low before any real rally,,, only a move over 339 would change the chart,,, 2 days ago i tried a long trade in aapl for a poss bounce but its been weak so i exited yesterday breakeven.

1246
trgt on csco is 17.00ish area

1244
buy #1 of possible 4 on csco,,,likely will only add to it one more time tho,,,leaving door open for poss add entry lower

1242
14.70 stop on csco for now,,,giving it some room,,,will raise stop in coming days or may exit above that stop if chart doesnt look right

1240
CSCO has been a laggard,,,just a diversification position, and looks like may be bottoming,,,the rally could be nice IF it gets one

1239
I'm surprised, but I'm trying a swing long position in CSCO here 15.32,,, stop 14.80

1232
for swing spx,,,i waiting for the other bulls to do all the work,,,let them break 1296 higher, then i'll buy a pullback or sideways,,,cuz 1250 could still come,,,tricky to me

1229
cotton CT daily went "down too much" on the last 4 daily red candles, so resist harder,,, CT broke 155 support and fell to 144 few days back

1228
exiting BAL cotton for now,,,still see higher but stall at 150 resist here,,unsure if blast higher or a 2% drop so took profits early

1225
we do have a 60min bullish rsi failure swing spx,, so pullback in next 4-12 hours may be buyable depending on charts

1210
UNP has gotten the 101.50 trgt,,,now watching for entry in coming hours

1155
bal cotton only 40 cents from next trgt :)

1149
for spx swings,,, i'll just be on sidelines next few hours watching,,,individ stocks, etfs, commodities opps exists

1147
tricky here, nimble needed imo,,, bias up BUT look at tues noon ES candles:  consolodation followed by bam hard down,, similar pattern tho of course the more times it "tries" to break the trendline resist, increases chance of break over it on this pattern

1144
8475--8500 next BAL cotton trgt, last 83.20, another 2%

1110
(via BAL)

1110
taking some cotton off here at 150,,, will buy back if able,,locked some profits ,,,its wild volatile

1106
stilllllllllllllllllllllllll still waiting for the TLT short setup swing,,,getting there,,,tbt long, for past week +

1102
cotton just broke the 150,,,up almost 4%,,,,still could drop 1% LOL,, 150.90 last


1296 spx will likely hold resist on first try,,,many "scared bulls" may want out,,many didnt expect under 1295 and now fear 1250,,, of course we know how they like to try and gap over the resist,,,will see what happens if it gets there

1100
here's /CT at the 150 trgt,,,149.90 last..watching reaction:   1% up down whipsaws can happn here

1024
128.60 spy, poss long entry on pb

1005
CT 150 is yest hi, expecting test of that and break higher over it like CLR,,natural to stall and pb first at the 150

959
still watching for entry back in UNP transp,,,swing,,,may require a few more hours of baking b4 setup

955
CLR just did margninal 30 cent break over yest hi as expected,,watching reactions now

953
UNG is near its multiweek 20% profit target,,,atm 18%,,, setting stop to just under todays low makes sense, or lim sell 12.83...last 12.51,,after 1280 trgt, pb then multiweek /months trgt another 20% to 14ish

943
CLR oil trgt swint 65/68/71,,,last 6162 testing yest hi,,expecting break over that hi

936
158.47 daily /CT target, 147.50 last,, trgt to take profits on half of position if able,,,may not make it there today but poss


907
GM

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