255
9 minutes up bias on es imo--chris
247
corn implies that may see es spx move higher into/before todays close==chris
246
like friday, corn futures moved higher at the 2pm time---chris
129
SPY 60min chart "almost ready" to give a "sideways bullish bias" for 8 trading hours, but not baked yet, not confirmed, still forming, could go either lower or higher first--chris
128
for swings, imo the 60min chart is getting tired on downside, may bounce, but i do NOT have exit swing shorts entry, or go long swing setup,,need to watch 3pm and 355pm actrion---chris
125
watching ES 3min candles----next 4 candles may be impt intraday, slight down sideways bias, if they hold over 1260 by 1:36pm-ish, may bounce higher--chris
1214
es hit the 1261 lower trgt from friday, watching to see what it does here
1212
i still see a bounce poss intraday,,,will see if 4pm and 355pm charts signals suggest long or short for overnight--chris
1144
watching for 1267 es test by 1149am-ish--chris
1142
1272/74 es trgt higher atm--chris
1135
may exzit the long scalp in 9 minutes---depends on chart--chris
1131
long scalp 1263 could work--chris
1059
took profit , about 18 points, we did not move lower,,,will re-eval for reentries later,,,break time---chris
chris,,,,holdinga small piece with stop at breakeven, rest is gone,,, 3min says bearish bias next 3 candles but es is not behaving right, so exited here===chris
1049
thus far, es turned back lower on exact 1042 candle, but needs to hold and sustain lower--chris
1047
if es is not lower in 9 minutes, 1056ish, i will likely look to take profits on half of es in following minutes
1044
3min candle close under 1265/64 would be bearish, for retest low and lower lows--chris
1042
heres the 1042am candel...watching reaction now--pattern calls for turn lower again, if pattern is accurate---chris
1033
heres the expected small bounce,,,watching if it can sustain higher or not, candles still say wait till 1042am imo--chris
1030
stil watching to see where es is at at 10:42 AM, poss scalp long dev in next 10-60min but prob wont trade it
1022
still holding all the ES shorts from 1282 friday, not stopped out yet, keeping a manual trail stop on half of the position tight, other one looser, same as 10am stops--chris
1021
6 candles now, down bias on 3min, imo--chris
1019
turning lower,,, candle timing working perfectly atm
turned down exactly at the 1019 candle,,,watching for followthru,,small 2pointish bounce first sideswqays possible,,chris
1019
this is the "end bull sideways" phase candel,,,watching for poss extension longer,,,none yet,,may turn here lower, sideways first then lower
1014
2 more candles still on the 3min, then may start to flatten and turn down, watching to see reaction after 2 candles, which just so happens to be close to 1030AM---chris
1006
watching to see if ES stays under the 1268 and pref 1266 during such biased 3-4 next candles 3min chart---chris
1006
sideways up bias for next 3-4 candles in ES, but not worth risk on first try==chris
1005
i would not try any longs until at least 9 bars pass on the 3min es, even for intraday, not worth scalp risk imo--chris
1002
ES first 30min sell vol not extremely high, implies sellers not exhausted, can move lower--chris
958
1269.25 stop on es short from 1281 to protect profit against suddes surge up---chris
957
i might take profits manually instead, since it came so close to 1261 ES target it might overshoot it, will monitor close and exit manually in this area, or lower if possible, for half of ES shorts from 1282, ande keep other half, last 1262.50, about 20 pt profit atm
920 AM
ES is down nicely this morn, 1261 ES first target for shorts entered at 1282 on Friday, last 1266, may take half off at 1266 but giving a little longer to try for half at 1261 target, will decide at 1000 or 1030 what to do with second half, unless it surges fast at the open higher to stop me out, to guarantee some profit. SPY at 1% profit, spxu 3%, tza 5%
* 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".
Monday, October 31, 2011
Friday, October 28, 2011
Friday thoughts
356
es spy spx exitied long,,,reversed short at 1282---chris,, 4 points profit on long from this morn
339
1282,84,88 es pivots==chris
337
1276.5- es stop, risk 1.5 points on long---chris
326
perfect world would be thrust up into close, exit long and reverse short,,,---CHRIS
323
poss short swing setting up into the close on ES SPX SPY,,,,still holding es 1278 long a bit longer with tite stop on it, then may exit and reverse to short for swing---chris
244
es 3min 5 mov avg bull cross over the 15 mov avg, watching to see if gets upside followthru
231
dx us dollar dollar now testing support,,,15min chart.,,,,looks breakable lower, higher euro
228
DX us dollar futures have some bearish tails on the 15min, could be good for equities spx es etcv
216
corn buying at the 2pm hour: often not always results in ES buying before the close---chris
212
they r buying corn at the 2pm timeframe here--chris
127
watching 1282 test, may take 4 point profit on half --watching if breaks higher,,,stall is ok if support holds--CHRIS
126
es may hit its higher trgts,same as b4, tryinhg to break here
100
mini break higher in ES 3min chart---next 3 --6minutes could be impt, may confirm it higher
1232
3min macd hist bull diverg vs price, suggests bounce in es
1224
next 3 candles on ES sideways bullish imo, last 1277.60 near 1278
1214
sideways up bias imo on 3min chart, next 4 candles or 12 min===chris
1211
zes trying to bnounce on 3min,,,giving it a lil time
1151
es 3min buy signals 78%,,,needs 85% confid to move==chris
1148
long 1278 half, may add more lower, es
1144
es 3min chart suggests this candle or next one may mark an intraday low to bounce of off---watching reactions next 2--6 min,,last es 1278
1142
market maker reports suggest mild buying here, to sell higher later,,,this doesnt mean it will go higher, often goes lower first as they buy more, but gives decent chance of bounce later, imo
1133
bull consolod 3,min es,,,1282 mini break to 1284 expected, last 1281
1110
1282 trgt hit--impt test here imo and reaction,, 1284 more resist, then 1288 if breaks higher 1284
1109
3min high volumer here on es,,might break higher on first try of 1282--watching reaction
1107
es encountering first resist test at 1282, last 1281,,,es and other stocks may stall, if es can break 82 higher should bounce nicely,,first test usually stalls first tho
1051
imo, over 1270 es and esp over 1275 es is bullish for es, 1278 last as it chops around here
* 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".
es spy spx exitied long,,,reversed short at 1282---chris,, 4 points profit on long from this morn
339
1282,84,88 es pivots==chris
337
1276.5- es stop, risk 1.5 points on long---chris
326
perfect world would be thrust up into close, exit long and reverse short,,,---CHRIS
323
poss short swing setting up into the close on ES SPX SPY,,,,still holding es 1278 long a bit longer with tite stop on it, then may exit and reverse to short for swing---chris
244
es 3min 5 mov avg bull cross over the 15 mov avg, watching to see if gets upside followthru
231
dx us dollar dollar now testing support,,,15min chart.,,,,looks breakable lower, higher euro
228
DX us dollar futures have some bearish tails on the 15min, could be good for equities spx es etcv
216
corn buying at the 2pm hour: often not always results in ES buying before the close---chris
212
they r buying corn at the 2pm timeframe here--chris
127
watching 1282 test, may take 4 point profit on half --watching if breaks higher,,,stall is ok if support holds--CHRIS
126
es may hit its higher trgts,same as b4, tryinhg to break here
100
mini break higher in ES 3min chart---next 3 --6minutes could be impt, may confirm it higher
1232
3min macd hist bull diverg vs price, suggests bounce in es
1224
next 3 candles on ES sideways bullish imo, last 1277.60 near 1278
1214
sideways up bias imo on 3min chart, next 4 candles or 12 min===chris
1211
zes trying to bnounce on 3min,,,giving it a lil time
1151
es 3min buy signals 78%,,,needs 85% confid to move==chris
1148
long 1278 half, may add more lower, es
1144
es 3min chart suggests this candle or next one may mark an intraday low to bounce of off---watching reactions next 2--6 min,,last es 1278
1142
market maker reports suggest mild buying here, to sell higher later,,,this doesnt mean it will go higher, often goes lower first as they buy more, but gives decent chance of bounce later, imo
1133
bull consolod 3,min es,,,1282 mini break to 1284 expected, last 1281
1110
1282 trgt hit--impt test here imo and reaction,, 1284 more resist, then 1288 if breaks higher 1284
1109
3min high volumer here on es,,might break higher on first try of 1282--watching reaction
1107
es encountering first resist test at 1282, last 1281,,,es and other stocks may stall, if es can break 82 higher should bounce nicely,,first test usually stalls first tho
1051
imo, over 1270 es and esp over 1275 es is bullish for es, 1278 last as it chops around here
* 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".
Thursday, October 27, 2011
Thurs thoughts
813
yest OIL hit its 5 MA daily and has bounced about 3%--chris
7:50AM
AA Hit it's 10.84 target premarket. Exited second half for about
6 percent profit in 24 hours.
* 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".
yest OIL hit its 5 MA daily and has bounced about 3%--chris
7:50AM
AA Hit it's 10.84 target premarket. Exited second half for about
6 percent profit in 24 hours.
* 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".
Wednesday, October 26, 2011
Wedn thoughts
338
1.75% AA profit from this morn on half,still holding half of AA from this morning--chris
333
aa stop 1040 last 1042,,,tite stop into resist zone here---chries
324
1035 stop on half--chris
316
AA still lots of R at 1036--1045, hence poss need for poss profit taking near here, waiting for now
314
in the event that AA hits 1063 today, i'll take profits on it there,,,may take half off at lower level---chris,,prob wont get that hi
303
the 3 bars bear sideways phase on 3min chart has passed,,,may turn higher now or more sideways--chris
301
1233/34 supp held on first test, more supp at 1228 es,,under that could drop--chris
254
if es is over 1228 at 3:06ish,,,would still be bullish intraday==chris
253
3min chart says sideways down bias next 9 minutes, but 15min may overrule it, esp at this time of day, imo--CHRIS
252
waiting 15min at least b4 closing longs,,15min chart suggests first 3min pb may be bought===chris
248
1233 and 1228 new intraday ES supports imo---chris
245
tho timing analys does say hold AA long at least 4 more hours,,,likely 16 hours, unsure--chris
241
lots of resist 1039--1045 on AA that it needs to clear,,,watching reaction in this area,,,may want to pb===chris
239
AA is up to 1% profit from entry this morn, its chopping around ,,,holding it longer for now,,,poss exit to take a small profit and re-enter on pb ,,but real trgt is 6%ish higher==chris
236
first pb on 3min bounced, the 3min chart is tired now BUT doesnt offer sell signals yet ,,,just warnings,,15min now says hold longer---chris
228
es still over 1228---chris
159
needs over 1235 in 5 minutes approx else could go lower, still bias for higher trgt, trailing the stop==chris
157
1227.75 es stop on second half,,,its tight but can always reenter
153
1234 es trgt just hit-=--chris
152
over 1228 bullish imo, ES==========chris
147
9 minutes in advance, the 3min pattern suggested the 1221 low entry, pattern followed thru this time, tho fails sometimes of course---CHRIS
143
first pb prob bounce on 3min
143
3min chgart says hold long scalp longer==chris
138
1234 ES trgt==chris,,,then high of day,
137
1229.75 stop on half to lock 8-9 points-ish==chris
136
tighten stop is long from 1221, last 1228--chris
133
ES hit the 1227 trgt at exactly 9 min trgt, 1:33pm,,,3min chart now giving extension to the bull phase intraday---chris
128
1224.25 "should" give 1227 trgt,,,struggling at 1224 3min resist atm (prior level of supp broken)===chris
fail to break 1224 could see retest of daily lows
122
3min chart suggests up bias next 9 minutes imo--chris
120
1227 es first trgt, stall likely there--chris
thus far, the 3min chart called the current low right on time,,, starting bounce right at 1:13pm
115
bounce buy program alert, confid 79%,,,needs 85% to move==chris,
114
aggressive could try 1221 long ES--chris, tho its early entry
107
3min chart may tell us something at 1:12pm, sometimes this pattern creates a bounce up, but still forming and not confirmed (intraday only)--chris
1241
the 9 minute bearish bias expired, and the small candles formed, now watching the narrow range to see which way it breaks...CHRIS
1225
here are the smaller candles on 3min chart---chris
1224
imo,,downward bias next 9 minutes on ES,,,,may present long scalp opps if it starts to move sideways, smaller candles,,,watching reactions for now---CHRI
1032
10.84 is AA target if able, or about 6% profit if it hits target,,,may need to sell at lower targets for less profit and re-enter, depending on charts, letting it bake for 2 hours to see where it is
1029
Long AA alcoa dow compon 10.23 here===CHRIS
917
there it is, es hit the first trgt, took profits on half, stop near breakeven on other half, es up 15 points now- dow up about 130-chris
901
may take profits a little under target if ES stalls here on retest 1237/1236.50ish==chris
857
i have premarket limit orders in to take profits in SPY on half of shares, approaching target now
832
yes spx closed under 1240 clearly, but that long entry was an exception based on the 60min charts and "bounce warning" they were giving since 3pm yest desp late day selloff---but watching support closely and will quickly take profits, can always re-enter==chrs
830
imo, i'm bullish on any SPX closes over 1240==bulls need back above that, so atm i see higher than 1255 spx unless charts change,,,maybe know more after todays action---chris
826
my 60min chart says SPY has 4 hours of sideways / up bias, with a likely 4 hour extension to that ---chris, using same calc methods on 60min as 3 min charts, just larger timeframe for swings, yest the 3min charts nailed their targets within minutes of their time target calcs
821
went long SPY yest at ES 1229 and 1233
817
ES 1239 is still same first target for longs entered yesterday. ES is up 7.5 points atm. 1232 last.
* 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".
1.75% AA profit from this morn on half,still holding half of AA from this morning--chris
333
aa stop 1040 last 1042,,,tite stop into resist zone here---chries
324
1035 stop on half--chris
316
AA still lots of R at 1036--1045, hence poss need for poss profit taking near here, waiting for now
314
in the event that AA hits 1063 today, i'll take profits on it there,,,may take half off at lower level---chris,,prob wont get that hi
303
the 3 bars bear sideways phase on 3min chart has passed,,,may turn higher now or more sideways--chris
301
1233/34 supp held on first test, more supp at 1228 es,,under that could drop--chris
254
if es is over 1228 at 3:06ish,,,would still be bullish intraday==chris
253
3min chart says sideways down bias next 9 minutes, but 15min may overrule it, esp at this time of day, imo--CHRIS
252
waiting 15min at least b4 closing longs,,15min chart suggests first 3min pb may be bought===chris
248
1233 and 1228 new intraday ES supports imo---chris
245
tho timing analys does say hold AA long at least 4 more hours,,,likely 16 hours, unsure--chris
241
lots of resist 1039--1045 on AA that it needs to clear,,,watching reaction in this area,,,may want to pb===chris
239
AA is up to 1% profit from entry this morn, its chopping around ,,,holding it longer for now,,,poss exit to take a small profit and re-enter on pb ,,but real trgt is 6%ish higher==chris
236
first pb on 3min bounced, the 3min chart is tired now BUT doesnt offer sell signals yet ,,,just warnings,,15min now says hold longer---chris
228
es still over 1228---chris
159
needs over 1235 in 5 minutes approx else could go lower, still bias for higher trgt, trailing the stop==chris
157
1227.75 es stop on second half,,,its tight but can always reenter
153
1234 es trgt just hit-=--chris
152
over 1228 bullish imo, ES==========chris
147
9 minutes in advance, the 3min pattern suggested the 1221 low entry, pattern followed thru this time, tho fails sometimes of course---CHRIS
143
first pb prob bounce on 3min
143
3min chgart says hold long scalp longer==chris
138
1234 ES trgt==chris,,,then high of day,
137
1229.75 stop on half to lock 8-9 points-ish==chris
136
tighten stop is long from 1221, last 1228--chris
133
ES hit the 1227 trgt at exactly 9 min trgt, 1:33pm,,,3min chart now giving extension to the bull phase intraday---chris
128
1224.25 "should" give 1227 trgt,,,struggling at 1224 3min resist atm (prior level of supp broken)===chris
fail to break 1224 could see retest of daily lows
122
3min chart suggests up bias next 9 minutes imo--chris
120
1227 es first trgt, stall likely there--chris
thus far, the 3min chart called the current low right on time,,, starting bounce right at 1:13pm
115
bounce buy program alert, confid 79%,,,needs 85% to move==chris,
114
aggressive could try 1221 long ES--chris, tho its early entry
107
3min chart may tell us something at 1:12pm, sometimes this pattern creates a bounce up, but still forming and not confirmed (intraday only)--chris
1241
the 9 minute bearish bias expired, and the small candles formed, now watching the narrow range to see which way it breaks...CHRIS
1225
here are the smaller candles on 3min chart---chris
1224
imo,,downward bias next 9 minutes on ES,,,,may present long scalp opps if it starts to move sideways, smaller candles,,,watching reactions for now---CHRI
1032
10.84 is AA target if able, or about 6% profit if it hits target,,,may need to sell at lower targets for less profit and re-enter, depending on charts, letting it bake for 2 hours to see where it is
1029
Long AA alcoa dow compon 10.23 here===CHRIS
917
there it is, es hit the first trgt, took profits on half, stop near breakeven on other half, es up 15 points now- dow up about 130-chris
901
may take profits a little under target if ES stalls here on retest 1237/1236.50ish==chris
857
i have premarket limit orders in to take profits in SPY on half of shares, approaching target now
832
yes spx closed under 1240 clearly, but that long entry was an exception based on the 60min charts and "bounce warning" they were giving since 3pm yest desp late day selloff---but watching support closely and will quickly take profits, can always re-enter==chrs
830
imo, i'm bullish on any SPX closes over 1240==bulls need back above that, so atm i see higher than 1255 spx unless charts change,,,maybe know more after todays action---chris
826
my 60min chart says SPY has 4 hours of sideways / up bias, with a likely 4 hour extension to that ---chris, using same calc methods on 60min as 3 min charts, just larger timeframe for swings, yest the 3min charts nailed their targets within minutes of their time target calcs
821
went long SPY yest at ES 1229 and 1233
817
ES 1239 is still same first target for longs entered yesterday. ES is up 7.5 points atm. 1232 last.
* 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".
Tuesday, October 25, 2011
Tues thoughts
344
bullish volume diverg on ES 15min chart---notice the volume bars...chris
339
imo--60min suggests SPX could bounce tomorrow b4 lower---chris
335
next 4 bars on 3min chart suggest sideways higher,,,,atm---chris
328
added 1229 es long, entry 2==chris
326
this may mark the lowest price b4 close: within 6minutes,,watching pattern still---pattern atm working--CHRIS
323
poss low b4 close to form within 6minutes, may go higher from there if pattern plays out,unconfirmed atm----C
322
watching next 2-3 bars on 3min,,,then the 2 after that,,,to see if starts to get smaller candles, base---chris
304
15min macd hist bull diverg spy==chris
254
long again es 1233 here--chris
242
hmm SPY continues sideways-ish on 60min into its 4hour hold short which is expiring soon,,,might consider spx long near the close, to hold overnight,,,watching from now till 3pm, 355pm for clues---chris
1240
neutral sideways up bias on the 15min atm, battling the 60min down bias
1240
15min chart suggests SPX swing short entries might present but need another 4 candles, one hour, to chop around first===chris
1143
out for small profit .25 breakeven
1143
not liking long scalp, stop raised 1234.25, 1234.50 last
1134
1231.75 stop on longs
1131
reverseon long could work, long bias next 9 min as long as over support imo--chris
1130
taking scalp profits 1233,,,tired on downside es atm,,will reload,,less profit on second half (7point not 9_)
1120
covered half at 1231.25 trgt for 9ish points profit
1114
1232/35 ES 3min pivots: above/below : bull / bear==chris
1109
1231 es to cover half of scalp piece for 9 pt profit, reload on bounce if able
1108
bearish extensions for 6 more min, esp if under 1236 es==chris
1106
*4.5 points
1105
1235.5 scalp stop to protect 3.5 pts profit==chris
1104
there it is, right on time :)
1103
this 3min candle or next, is trgtr to break the 1235===chris
1100
waiting 6more min,,,to see 1236 breaks or not lower===chjris
1055
9 minutes, active trader trgt to cover and rel;oad again, scalps, see what charts look like in about 9 min, bearish for next three 3min candles
1052
1242 and 1240 mental stops on the new ES shorts--for scalp piece--CHRIS
1050
1232 es trgt 1--chris
1046
shorted at 1240 ES here===chris
* 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".
bullish volume diverg on ES 15min chart---notice the volume bars...chris
339
imo--60min suggests SPX could bounce tomorrow b4 lower---chris
335
next 4 bars on 3min chart suggest sideways higher,,,,atm---chris
328
added 1229 es long, entry 2==chris
326
this may mark the lowest price b4 close: within 6minutes,,watching pattern still---pattern atm working--CHRIS
323
poss low b4 close to form within 6minutes, may go higher from there if pattern plays out,unconfirmed atm----C
322
watching next 2-3 bars on 3min,,,then the 2 after that,,,to see if starts to get smaller candles, base---chris
304
15min macd hist bull diverg spy==chris
254
long again es 1233 here--chris
242
hmm SPY continues sideways-ish on 60min into its 4hour hold short which is expiring soon,,,might consider spx long near the close, to hold overnight,,,watching from now till 3pm, 355pm for clues---chris
1240
neutral sideways up bias on the 15min atm, battling the 60min down bias
1240
15min chart suggests SPX swing short entries might present but need another 4 candles, one hour, to chop around first===chris
1143
out for small profit .25 breakeven
1143
not liking long scalp, stop raised 1234.25, 1234.50 last
1134
1231.75 stop on longs
1131
reverseon long could work, long bias next 9 min as long as over support imo--chris
1130
taking scalp profits 1233,,,tired on downside es atm,,will reload,,less profit on second half (7point not 9_)
1120
covered half at 1231.25 trgt for 9ish points profit
1114
1232/35 ES 3min pivots: above/below : bull / bear==chris
1109
1231 es to cover half of scalp piece for 9 pt profit, reload on bounce if able
1108
bearish extensions for 6 more min, esp if under 1236 es==chris
1106
*4.5 points
1105
1235.5 scalp stop to protect 3.5 pts profit==chris
1104
there it is, right on time :)
1103
this 3min candle or next, is trgtr to break the 1235===chris
1100
waiting 6more min,,,to see 1236 breaks or not lower===chjris
1055
9 minutes, active trader trgt to cover and rel;oad again, scalps, see what charts look like in about 9 min, bearish for next three 3min candles
1052
1242 and 1240 mental stops on the new ES shorts--for scalp piece--CHRIS
1050
1232 es trgt 1--chris
1046
shorted at 1240 ES here===chris
* 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".
Monday, October 24, 2011
Monday thoughts
214
adding next piece of KFT short here at 3533,,few cents from resist trgt,,,may want 3550 before it moves lower, unsure
1133
shorted at 3510 kft, on ES weakness 3min chart suggests lower
1047
I did not get a fill on KFT, so cancelled order. Still looking for short entry, maybe at 3525/3536, unsure atm
1040
I will short KFT at 35.18 limit if filled, last 35.13
* 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".
adding next piece of KFT short here at 3533,,few cents from resist trgt,,,may want 3550 before it moves lower, unsure
1133
shorted at 3510 kft, on ES weakness 3min chart suggests lower
1047
I did not get a fill on KFT, so cancelled order. Still looking for short entry, maybe at 3525/3536, unsure atm
1040
I will short KFT at 35.18 limit if filled, last 35.13
* 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".
Friday, October 21, 2011
Friday thoughts
221
shorting 1227 es could work if not already short here---chris
210
rallied exactly to 1227 trgt but 1227 resist holding for now,,,still see the 1220/1227 pivots---chris
200
ES bearish until the 3min dtl is broken,,,has not been able to thus far
157
1220 and 1227 possible ES pivots into the close: a 3min candle close over/under either may continue in direction of break into close===chris
156
15min chart timing analsys,,,still says short bias until 200pom with likely 230 ewxtension==chris
155
BUT they have not yet lowered ASKS,,,may be testiung retail---chris
154
MM are dropping their bids on some stocks now, bearish if ocntinue===chris
147
if 1222 holds,may consider exit shorts from 1234 to re-enter if active,,,needs a 3min close over 1227 to get moving up tho--chris
144
3rd try on 3min at break of 1222,,,watch out below if breaks that and 1220==chris,,,15min bearish bar count still valid
137
es 3mi suggests it could rally intraday IF gets a 3min close ove4r 1227---chris,,but 15 n 60min say "stay short", short the rally
135
atm, the 3pm signal says swing short any spx es rally (could change at 3pm of course LOL)===chris
134
timing analysis still says bearish bias for next 30min using 5 15 60m charts imo--chris
130
if 1223 and 1120 break, should get the 1215 es trgt,,,,watching reactions--chris,,,trail stops using 3min charts
125
waiting another 3 bars on 15 min chart b4 covering short, if able---chris
121
\long seems safer after 1215 es test,,,have 1215 trgt lower first---chris
120
3pm signal may give swing short on SPX,unsure atm--chris
119
manually lowering stop on es shorts using 3min chart makes sense, manually trail it down till stopped--chris
105
fxp up 1.5% from entry this morn,,hoolding longer--chris
1107
now stop 1231.25 es makes sense for scalps==chris
1105
es just hit 1230.25 trgt.,,,,,watching reactions now.,..impt intraday test imo---chris
1032
sell program warning,, 78% confid--chris,,,at es 1235
1026
for 1230 test to observe reaction,,,see if holds or breaks 1230
1025
short spx es could work here 1234 es---chris
1002
china short fxp can still make a lower intraday low, and still be valid, tho its up now from entry---chris
1001
3798 scalp trgt fxp if able, swing trgt 4050, 4400, from 3729==chris
959
3729 fxp here in---buy 1 of 4,,,will be scalpiong and swinging fxp, china short==chris
956
ES approach the recurring daily prior highs now: 1230 resist==chris
949
CORN has a marginal break out if its daily rectangle today, seeing if can sustain higher or not
948
Looking for entry today to swing short CHINA via FXP 2x, look at daily FXP and compare to SDS, CHINA short stronger (China weaker atm than spx),,,imo---CHRIS
Also. CORN is higher today, still holding the CORN etf swing, and might add more exposure to agric sector today via DBA etf, waiting for pb in the dba
* 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".
shorting 1227 es could work if not already short here---chris
210
rallied exactly to 1227 trgt but 1227 resist holding for now,,,still see the 1220/1227 pivots---chris
200
ES bearish until the 3min dtl is broken,,,has not been able to thus far
157
1220 and 1227 possible ES pivots into the close: a 3min candle close over/under either may continue in direction of break into close===chris
156
15min chart timing analsys,,,still says short bias until 200pom with likely 230 ewxtension==chris
155
BUT they have not yet lowered ASKS,,,may be testiung retail---chris
154
MM are dropping their bids on some stocks now, bearish if ocntinue===chris
147
if 1222 holds,may consider exit shorts from 1234 to re-enter if active,,,needs a 3min close over 1227 to get moving up tho--chris
144
3rd try on 3min at break of 1222,,,watch out below if breaks that and 1220==chris,,,15min bearish bar count still valid
137
es 3mi suggests it could rally intraday IF gets a 3min close ove4r 1227---chris,,but 15 n 60min say "stay short", short the rally
135
atm, the 3pm signal says swing short any spx es rally (could change at 3pm of course LOL)===chris
134
timing analysis still says bearish bias for next 30min using 5 15 60m charts imo--chris
130
if 1223 and 1120 break, should get the 1215 es trgt,,,,watching reactions--chris,,,trail stops using 3min charts
125
waiting another 3 bars on 15 min chart b4 covering short, if able---chris
121
\long seems safer after 1215 es test,,,have 1215 trgt lower first---chris
120
3pm signal may give swing short on SPX,unsure atm--chris
119
manually lowering stop on es shorts using 3min chart makes sense, manually trail it down till stopped--chris
105
fxp up 1.5% from entry this morn,,hoolding longer--chris
1107
now stop 1231.25 es makes sense for scalps==chris
1105
es just hit 1230.25 trgt.,,,,,watching reactions now.,..impt intraday test imo---chris
1032
sell program warning,, 78% confid--chris,,,at es 1235
1026
for 1230 test to observe reaction,,,see if holds or breaks 1230
1025
short spx es could work here 1234 es---chris
1002
china short fxp can still make a lower intraday low, and still be valid, tho its up now from entry---chris
1001
3798 scalp trgt fxp if able, swing trgt 4050, 4400, from 3729==chris
959
3729 fxp here in---buy 1 of 4,,,will be scalpiong and swinging fxp, china short==chris
956
ES approach the recurring daily prior highs now: 1230 resist==chris
949
CORN has a marginal break out if its daily rectangle today, seeing if can sustain higher or not
948
Looking for entry today to swing short CHINA via FXP 2x, look at daily FXP and compare to SDS, CHINA short stronger (China weaker atm than spx),,,imo---CHRIS
Also. CORN is higher today, still holding the CORN etf swing, and might add more exposure to agric sector today via DBA etf, waiting for pb in the dba
* 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".
Wednesday, October 19, 2011
Wedn thoughts
156
intc and xom daily charts stronger than dow spx, intc up 4%,, aapl still down 4.5% after earnings--CHRIS
152
for now, es 1215 support holding,--impt test to see if breaks lower,,,may exit remaing longs on break lower--giving it time since they r swing,,,,,chris,,,
143
imo unless 1210/1215 ES breaks lower, its still bullish--CHRIS,,,if 1215 holds, could go over 1230 es,,,either way poss up or down imo--chris
1:27
TNA swing no change from yest, still holding longer, TNA swing profit at 6% now on the second half,,,also ES may break over 1230, watching to see if that happens,, over 1212 ES is bulllish,,still have all same targets as yesterday
under 1215/1210 es might take profits if it doesnt move up===CHRIS
* 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".
intc and xom daily charts stronger than dow spx, intc up 4%,, aapl still down 4.5% after earnings--CHRIS
152
for now, es 1215 support holding,--impt test to see if breaks lower,,,may exit remaing longs on break lower--giving it time since they r swing,,,,,chris,,,
143
imo unless 1210/1215 ES breaks lower, its still bullish--CHRIS,,,if 1215 holds, could go over 1230 es,,,either way poss up or down imo--chris
1:27
TNA swing no change from yest, still holding longer, TNA swing profit at 6% now on the second half,,,also ES may break over 1230, watching to see if that happens,, over 1212 ES is bulllish,,still have all same targets as yesterday
under 1215/1210 es might take profits if it doesnt move up===CHRIS
* 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".
Tuesday, October 18, 2011
Tues thoughts
420
trying for 439.88 aapl,,,else will take 435,,,if it hits neither i will hold longer--chris,, as mentinoed, there is risk aapl can sell news and tank lower,,,but holding for now half---chris
411
439.88 aapl lim order to sell if able, if filled, still not filled--chris
353
AAPL may sell off on the earnings report, but the "poss short aapl" setup from 10am never formed properly imo---not shorting it===CHRIS
i will hold the remaining aapl longs instead from 373ish,,,risky to hold because of earning but took profits on other half already,,,will see what happens,,,may sell the remaining longs aapl afterhours if surge
351
holding the vxx shorts also from 4435---chris
348
I will hold the remaing half in tna spy sso longs overnight. Took profits on half TNA around 9% profit,,,but see higher tomorrow, low risk since the entry yesterday was low price.
314
leaving stop loose on second half of longs from yest es 1196, to see if ES breaks over the 1230 or not===chris
1218
AAPL 410 would be first trgt if the short sets up, then 393, 374, still forming now, 421 last
1203
aggressive ---could short AAPL today,later at higher price, and can even cover afterhours 4pm--8pm today==CHRIS
first time imo in awhile to merit an aapl short,,tho its premature early stil imo--CHRIS
1158
i still have an aapl trgt of 440, same as 3 weeks ago,,but taking profits today on 75% of shares makes sense from 373ish entry (13-18% profit)===CHRIS
AAPL reports today,,,may run it up today n drop
1148
ES trgt #1 for spy sso upro qqq tna was hit,,,at 1205, 1206 last,,,placing profit stop at 1204.75 on half for now, with stop on rest just above breakeven===CHRIS,,from entry yest at 1196 es, about 1% profit on spy, 3% on spxu, 4% minimum on TNA (will be higher if not stopped out)
* 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".
trying for 439.88 aapl,,,else will take 435,,,if it hits neither i will hold longer--chris,, as mentinoed, there is risk aapl can sell news and tank lower,,,but holding for now half---chris
411
439.88 aapl lim order to sell if able, if filled, still not filled--chris
353
AAPL may sell off on the earnings report, but the "poss short aapl" setup from 10am never formed properly imo---not shorting it===CHRIS
i will hold the remaining aapl longs instead from 373ish,,,risky to hold because of earning but took profits on other half already,,,will see what happens,,,may sell the remaining longs aapl afterhours if surge
351
holding the vxx shorts also from 4435---chris
348
I will hold the remaing half in tna spy sso longs overnight. Took profits on half TNA around 9% profit,,,but see higher tomorrow, low risk since the entry yesterday was low price.
314
leaving stop loose on second half of longs from yest es 1196, to see if ES breaks over the 1230 or not===chris
1218
AAPL 410 would be first trgt if the short sets up, then 393, 374, still forming now, 421 last
1203
aggressive ---could short AAPL today,later at higher price, and can even cover afterhours 4pm--8pm today==CHRIS
first time imo in awhile to merit an aapl short,,tho its premature early stil imo--CHRIS
1158
i still have an aapl trgt of 440, same as 3 weeks ago,,but taking profits today on 75% of shares makes sense from 373ish entry (13-18% profit)===CHRIS
AAPL reports today,,,may run it up today n drop
1148
ES trgt #1 for spy sso upro qqq tna was hit,,,at 1205, 1206 last,,,placing profit stop at 1204.75 on half for now, with stop on rest just above breakeven===CHRIS,,from entry yest at 1196 es, about 1% profit on spy, 3% on spxu, 4% minimum on TNA (will be higher if not stopped out)
* 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".
Monday, October 17, 2011
Monday thoughts
355
adding here at es 1196, swings on qqq and russel ===chris
350
over 1202 scalp trgts same at 1205 1209,,,swing trgts higher--chris
347
1202.25 es, aboive the mkt,,,will add longs in qqq russel etc swing,,,or may get opp to buy lower if doesnt breakout b4 close--chris
341
4434 vxx short here swing could work if missed last entry--chris
337
warning vxx can move 4-12 % in a single day,,,'
335
another VXX swing short setup coming, for those willing to endure high risk and wild rides---chris
319
VXX hit 44.45,,right near the 11am 4450 "short vxx" trgt---chris
318
my market maker reports suggest MM are covering shorts, adding longs here,,stiull need to watch last 45min trading---chris
315
1209 also resist on ES
314
watching 1205.25 es===over that it could surge into close,and above mkt long order could work for scalp/swing combo--chris,,,1200 last es
312
15min bear downtrendline on ES not broken higher yet,,watching reactions on test here,,,may pb to give buy dip opp,,,if breaks higher will need to pay premium for the swing longs,,,but using the 60min and daily for swing decisions not 15 and 3min charts
310
keeping sso from 4314 from earlier today and will add the qqq russel soon,,if sso rallies hard poss take profit on that today else will just hold--chris
308
will try to wait for dip today to buy the qqq and russel long,,,if not will still buy at 358pm--CHRIS
306
I'm going to add longs swing on Russel and qqq between now and close, exited the shorts from friday's 1220 to 1198 for 22 points on profit on second half==CHRIS,,
1247
VXX short at 4450 could work but its v v volatile---chris
1244
--at 1203 es ===needs 85% confid to really move---chris
SPY ES SPX::: scalp buy program alert, 82% confid just rang---at 1203 es
1241
under 1202 or over 1209 ES,,,i might add more longs and cover the rest of swing shorts---chris
1240
right now, spy only has a 3min bull diverg,,,so scaling on longs makes sense,,,waiting for 15 and 60min to flatten and diverge bullishly b4 adding more---chris
1235
in sso 4314 here
1047
* last 1204 es or 16 points not 10
1046
To protect profit now at 10 points, Tightening stop on spy shorts, spxu,tza added from friday at ES 1220. Last ES 1209...about 0.08 % spy 2.4% spxu. Tight stop on half, and looser stop on second half to allow breathing room for lower
* 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".
adding here at es 1196, swings on qqq and russel ===chris
350
over 1202 scalp trgts same at 1205 1209,,,swing trgts higher--chris
347
1202.25 es, aboive the mkt,,,will add longs in qqq russel etc swing,,,or may get opp to buy lower if doesnt breakout b4 close--chris
341
4434 vxx short here swing could work if missed last entry--chris
337
warning vxx can move 4-12 % in a single day,,,'
335
another VXX swing short setup coming, for those willing to endure high risk and wild rides---chris
319
VXX hit 44.45,,right near the 11am 4450 "short vxx" trgt---chris
318
my market maker reports suggest MM are covering shorts, adding longs here,,stiull need to watch last 45min trading---chris
315
1209 also resist on ES
314
watching 1205.25 es===over that it could surge into close,and above mkt long order could work for scalp/swing combo--chris,,,1200 last es
312
15min bear downtrendline on ES not broken higher yet,,watching reactions on test here,,,may pb to give buy dip opp,,,if breaks higher will need to pay premium for the swing longs,,,but using the 60min and daily for swing decisions not 15 and 3min charts
310
keeping sso from 4314 from earlier today and will add the qqq russel soon,,if sso rallies hard poss take profit on that today else will just hold--chris
308
will try to wait for dip today to buy the qqq and russel long,,,if not will still buy at 358pm--CHRIS
306
I'm going to add longs swing on Russel and qqq between now and close, exited the shorts from friday's 1220 to 1198 for 22 points on profit on second half==CHRIS,,
1247
VXX short at 4450 could work but its v v volatile---chris
1244
--at 1203 es ===needs 85% confid to really move---chris
SPY ES SPX::: scalp buy program alert, 82% confid just rang---at 1203 es
1241
under 1202 or over 1209 ES,,,i might add more longs and cover the rest of swing shorts---chris
1240
right now, spy only has a 3min bull diverg,,,so scaling on longs makes sense,,,waiting for 15 and 60min to flatten and diverge bullishly b4 adding more---chris
1235
in sso 4314 here
1047
* last 1204 es or 16 points not 10
1046
To protect profit now at 10 points, Tightening stop on spy shorts, spxu,tza added from friday at ES 1220. Last ES 1209...about 0.08 % spy 2.4% spxu. Tight stop on half, and looser stop on second half to allow breathing room for lower
* 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".
Friday, October 14, 2011
Friday thoughts
400
ES did break over 1214 as expected earlier in day,, but only hit 1220 high, missed the 1222 trgt,,,shorted the 1220 and 1219===CHRIS
358
added more shorts 1219 ES at 358pm---chris
354
at 3:58 pm i will add more shorts if near or higher 1214ish,,swiung===CHRIS
347
took profits on XOM,,,at 7800, from 70 and 72ish---CHRIS,,not waiting for 7830 trgt
337
XOM v close to trgt,,,tight stop,,,to take profits b4 close today---chris
335
addint shorts here 1220,,,,will add more at 1222 trgts or higher, ===chris
330
7820 will take some XOM long profits from 70ish---chris,
328
trying for ES 1222 to short, last 1216,,,either way, higher or lower, short at 345--400pm looks good---chris
326
a swing short at the close is looking attractive IMO---CHRIS
225
1222 es trgt on break of both==chris
223
es spx intraday: es 1212/1214: a break of either is likely to continue in the direction of the break for scalp,,,bias up atm----chris,, of course ES has more resistance right above at 1217, tho it was signif that it cleared over 1208
220
my profit stop on CORN was not triggered, i'm removing the stop (prob for rest of day) and will hold over weekend, will re-set stops on monday----chris
153
watching to see what the 3pm signal reveals, if anything----chris
151
for SPX and dow,,,watching action from 2pm--3pm, then 330pm, to see if MarketMakers and institut pros tip their hand, their signals have been generally reliable lately, tho poss less so today friday---chris
149
mini corn rally as expected in the 130--200pm,,638 upto 641 last, tight stop on half of position, using 3min chart==chris
135
60min corn futures for last 3 days has seen a partial pb from the big huge daily green candle, but bullish volume divergences developing on corn, notice that volume is lower on each 60min red candle on /ZC corn futures---chris,,,so holding CORN unless stopped out for now
128
still no reason to close remaing longs in XOM swing,,,its daily chart much more bullish than spy or DOW, notice that XOM daily has broken out of its rectangle daily
128
bias is for 30min corn rally --chris
125
Watching the reaction in Corn futures /ZC here from 130--2pm,,,an impt time for corn each day,, corn continues volatile moves down but each one to a bullishly higher low,,,see if they buy in the next 30min or sell
1138
XOM up about $7,,,10%ish==CHRIS
1137
XOM continues higher,,,i'll just keep manually trailing the profit stop on remains shares to lock profits in case of decline, while giving a little breathing room, using the 15 and 60min supp areas,,over 7500 and over 7650 its bullish,,last 7740 from 7060
1137
i'm just observing now for next 2 hours,only the 15min and 60min and daily charts, not 3min, see what happens, then may get some clues to future direction---CHRIS
1044
those interested in agriculture commod trade etfs could use BAL cotton in addition to CORN,,,also DBA is a diversified agricul sector mix
LOL They also have some very creative names for livestock etfs: MOO, COW,
1043
CORN now almost testing high fromn 3 days ago 4330,,,,needs to sustain over 4340 for target #2 swing,,will watch reaction at the test to see if harshly rejected or consolodates/breaks higher,,,bias is consolod/higher atm imo
1035
Raising profit stop on CORN to 42.20 from 41.68, with 4315 last print,,,giving some room to breathe higher if able,,, next higher trgt at the 15%ish area, up 10%ish now
* 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".
ES did break over 1214 as expected earlier in day,, but only hit 1220 high, missed the 1222 trgt,,,shorted the 1220 and 1219===CHRIS
358
added more shorts 1219 ES at 358pm---chris
354
at 3:58 pm i will add more shorts if near or higher 1214ish,,swiung===CHRIS
347
took profits on XOM,,,at 7800, from 70 and 72ish---CHRIS,,not waiting for 7830 trgt
337
XOM v close to trgt,,,tight stop,,,to take profits b4 close today---chris
335
addint shorts here 1220,,,,will add more at 1222 trgts or higher, ===chris
330
7820 will take some XOM long profits from 70ish---chris,
328
trying for ES 1222 to short, last 1216,,,either way, higher or lower, short at 345--400pm looks good---chris
326
a swing short at the close is looking attractive IMO---CHRIS
225
1222 es trgt on break of both==chris
223
es spx intraday: es 1212/1214: a break of either is likely to continue in the direction of the break for scalp,,,bias up atm----chris,, of course ES has more resistance right above at 1217, tho it was signif that it cleared over 1208
220
my profit stop on CORN was not triggered, i'm removing the stop (prob for rest of day) and will hold over weekend, will re-set stops on monday----chris
153
watching to see what the 3pm signal reveals, if anything----chris
151
for SPX and dow,,,watching action from 2pm--3pm, then 330pm, to see if MarketMakers and institut pros tip their hand, their signals have been generally reliable lately, tho poss less so today friday---chris
149
mini corn rally as expected in the 130--200pm,,638 upto 641 last, tight stop on half of position, using 3min chart==chris
135
60min corn futures for last 3 days has seen a partial pb from the big huge daily green candle, but bullish volume divergences developing on corn, notice that volume is lower on each 60min red candle on /ZC corn futures---chris,,,so holding CORN unless stopped out for now
128
still no reason to close remaing longs in XOM swing,,,its daily chart much more bullish than spy or DOW, notice that XOM daily has broken out of its rectangle daily
128
bias is for 30min corn rally --chris
125
Watching the reaction in Corn futures /ZC here from 130--2pm,,,an impt time for corn each day,, corn continues volatile moves down but each one to a bullishly higher low,,,see if they buy in the next 30min or sell
1138
XOM up about $7,,,10%ish==CHRIS
1137
XOM continues higher,,,i'll just keep manually trailing the profit stop on remains shares to lock profits in case of decline, while giving a little breathing room, using the 15 and 60min supp areas,,over 7500 and over 7650 its bullish,,last 7740 from 7060
1137
i'm just observing now for next 2 hours,only the 15min and 60min and daily charts, not 3min, see what happens, then may get some clues to future direction---CHRIS
1044
those interested in agriculture commod trade etfs could use BAL cotton in addition to CORN,,,also DBA is a diversified agricul sector mix
LOL They also have some very creative names for livestock etfs: MOO, COW,
1043
CORN now almost testing high fromn 3 days ago 4330,,,,needs to sustain over 4340 for target #2 swing,,will watch reaction at the test to see if harshly rejected or consolodates/breaks higher,,,bias is consolod/higher atm imo
1035
Raising profit stop on CORN to 42.20 from 41.68, with 4315 last print,,,giving some room to breathe higher if able,,, next higher trgt at the 15%ish area, up 10%ish now
* 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".
Wednesday, October 12, 2011
Wedn thoughts
407
QQQ closed below todays open---chris
358
added EUO at 18.13===CHRIS
352
ABOVE the mkt, long UUP over 21.80===chris,,kor could use EUO
317
60 min bear divergences starting to manifest, and may last 4-16 trading hours==CHRIS
309
i will hold the QQQ short from yest and today overnight again tonite,,,still see lower qqq----CHRIS,, the 3pm signal says "stay short",,,will see what 355pm signal says tho anticipate it will be the same---chris
254
Marginal support breaks on QQQ 15min support here,,watching to see if sustains lower,,,CHRIS
231
CORN is down 0.74% now from yest,,,but only a small retrace of yest big huge green candel,,,see higher corn still on swings----corn short up about 9% yest in 1 day---CHRIS
2:@6
i'm going to take profits of 11-12% in XOM today 7800-7820 area if able, meanwhile have a tite stop in case of sudden selloff,,may look to buy again later---chris
1227
Notice the declining60min MACD hist on qqq since Oct 5 vs rising price, with the hist near crossing under 0
1226
,in addition to the continuing bear diverg on the 60min macd hist==CHRIS
1225
QQQ near resist tho still under it 5731/5755,,,but its also "too far" from the 10 period moving average on its 60min chart,,,a correction lower is likely for swings short
1054
QQQ rejected at 5721 on first test of 5731 resist mentinoed at 947AM,,,still under 5731/5755
1003
/dx futures and UUP us dollar long---is at support and may bounce, creating a pb on spx qqq, may enter UUP or EUO soon---CHRIS
947
qqq 5756 resist, just above (57.33 prior hi qqq daily)---CHRIS
940
xom hit near the 77 trgt, watching reactinos, and tightening stop on the XOM longs---chris
938
qqq hit yesterdays "add more shorts at 56.80 trgt",,,,holding the short swing for now---CHRIS
* 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".
QQQ closed below todays open---chris
358
added EUO at 18.13===CHRIS
352
ABOVE the mkt, long UUP over 21.80===chris,,kor could use EUO
317
60 min bear divergences starting to manifest, and may last 4-16 trading hours==CHRIS
309
i will hold the QQQ short from yest and today overnight again tonite,,,still see lower qqq----CHRIS,, the 3pm signal says "stay short",,,will see what 355pm signal says tho anticipate it will be the same---chris
254
Marginal support breaks on QQQ 15min support here,,watching to see if sustains lower,,,CHRIS
231
CORN is down 0.74% now from yest,,,but only a small retrace of yest big huge green candel,,,see higher corn still on swings----corn short up about 9% yest in 1 day---CHRIS
2:@6
i'm going to take profits of 11-12% in XOM today 7800-7820 area if able, meanwhile have a tite stop in case of sudden selloff,,may look to buy again later---chris
1227
Notice the declining60min MACD hist on qqq since Oct 5 vs rising price, with the hist near crossing under 0
1226
,in addition to the continuing bear diverg on the 60min macd hist==CHRIS
1225
QQQ near resist tho still under it 5731/5755,,,but its also "too far" from the 10 period moving average on its 60min chart,,,a correction lower is likely for swings short
1054
QQQ rejected at 5721 on first test of 5731 resist mentinoed at 947AM,,,still under 5731/5755
1003
/dx futures and UUP us dollar long---is at support and may bounce, creating a pb on spx qqq, may enter UUP or EUO soon---CHRIS
947
qqq 5756 resist, just above (57.33 prior hi qqq daily)---CHRIS
940
xom hit near the 77 trgt, watching reactinos, and tightening stop on the XOM longs---chris
938
qqq hit yesterdays "add more shorts at 56.80 trgt",,,,holding the short swing for now---CHRIS
* 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".
Tuesday, October 11, 2011
Tues thoughts
423
qqq now trding down at 56.12 AH===chris
402
44.30 corn next trgt, last 43.28, up 6% today===chris....may see 46/48 area later
354
nonetheless, bearish diverg on the 60min charts for temp pb--chris
353
a close under 1185 ES would be bearish for tomorrow---chris
340
bought the first daily doji at the close 2 days,,shorted this second daily doji again at the close--chris
332
shorted at 1190 ES
329
BELOW the mkt, es 1188.75 will short===chris
316
5680 qqq short would be nice if got there---chris
312
60 min bear diverg suggest a one day short could work imo---chris,,,notice macd hist
240
SPX may be setting up bearish divergences,,short entry possible, no entry yet---CHRIS
201
CORN bounce back up from 4%, now up almost 6% today from yest,,,still see higher---chris
1210
Simultaneously looking for opps to short the market also, but not yet imo,,,,or via individ stock shorts===chris
1206
XOM may consolodate in 75--77 area, a break over 77 gives higher swing targets of 79,83,85. Note that XOM has bullish broken ABOVE and out of its daily rectangle, unlike spx which is still trapped inside the daily rectangle. Opps to add to XOM long may present,,,,for now just holding half (took profits on other half already)==CHRIS
1201
CORN surged up 5% today, currently pulled back some to about 4%==CHRIS
1000am
It took 6 days but XOM has hit its first swing target from 6 days ago,, 76.65 from 71.25. Still see higher targets but partial profit taking at the first target makes sense for about 7.5% profit.
* 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".
qqq now trding down at 56.12 AH===chris
402
44.30 corn next trgt, last 43.28, up 6% today===chris....may see 46/48 area later
354
nonetheless, bearish diverg on the 60min charts for temp pb--chris
353
a close under 1185 ES would be bearish for tomorrow---chris
340
bought the first daily doji at the close 2 days,,shorted this second daily doji again at the close--chris
332
shorted at 1190 ES
329
BELOW the mkt, es 1188.75 will short===chris
316
5680 qqq short would be nice if got there---chris
312
60 min bear diverg suggest a one day short could work imo---chris,,,notice macd hist
240
SPX may be setting up bearish divergences,,short entry possible, no entry yet---CHRIS
201
CORN bounce back up from 4%, now up almost 6% today from yest,,,still see higher---chris
1210
Simultaneously looking for opps to short the market also, but not yet imo,,,,or via individ stock shorts===chris
1206
XOM may consolodate in 75--77 area, a break over 77 gives higher swing targets of 79,83,85. Note that XOM has bullish broken ABOVE and out of its daily rectangle, unlike spx which is still trapped inside the daily rectangle. Opps to add to XOM long may present,,,,for now just holding half (took profits on other half already)==CHRIS
1201
CORN surged up 5% today, currently pulled back some to about 4%==CHRIS
1000am
It took 6 days but XOM has hit its first swing target from 6 days ago,, 76.65 from 71.25. Still see higher targets but partial profit taking at the first target makes sense for about 7.5% profit.
* 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".
Monday, October 10, 2011
Monday ramblings
404
XOM daily: bull breakout from its multiweek rectangle, new highs unlike spx,,,watching to see if xom holds the breakout or not in coming days,,,been watching xom for last week----chris
358
exiting euro short...usd long ...small profit,,,chris
1037
stop on xom set at .64 to protect profits, last 7581===chris
1023
SPX is now at 1188 vs 1224 prior high, while XOM is at 7550 over its prior high 7498, xom daily is stronger than spx or dow
1022
XOM has made new daily highs, and has clleared over all previous highs since Aug 17 :) ==CHRIS
953
7520 is major resistance and if it can be hurdled a nice rally higher can follow, but resistance must break and is holding for now. if it doesn't clear, then i'll take profits on being stoppped out.
9:52
XOM is up nicely and is testing impt daily resist, target #1....holding half with loose stop, half with tight stop,,,to give it a chance to clear 7520. if 7520 is hurdled, next 2 swing targets higher are in play. last xom 74.92---CHRIS
* 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".
XOM daily: bull breakout from its multiweek rectangle, new highs unlike spx,,,watching to see if xom holds the breakout or not in coming days,,,been watching xom for last week----chris
358
exiting euro short...usd long ...small profit,,,chris
1037
stop on xom set at .64 to protect profits, last 7581===chris
1023
SPX is now at 1188 vs 1224 prior high, while XOM is at 7550 over its prior high 7498, xom daily is stronger than spx or dow
1022
XOM has made new daily highs, and has clleared over all previous highs since Aug 17 :) ==CHRIS
953
7520 is major resistance and if it can be hurdled a nice rally higher can follow, but resistance must break and is holding for now. if it doesn't clear, then i'll take profits on being stoppped out.
9:52
XOM is up nicely and is testing impt daily resist, target #1....holding half with loose stop, half with tight stop,,,to give it a chance to clear 7520. if 7520 is hurdled, next 2 swing targets higher are in play. last xom 74.92---CHRIS
* 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".
Friday, October 7, 2011
Friday thoughts
329
taking 4 points profit on half,,holdking rest thru close,,of spx,,,,,,,,,,,,,for xom, holding it overnight,,,may take part profits on xom at close---chris
326
SPY moving nicely higher on the above mkt trade 116.30==CHRIS,, tighten stops on half, 116.83 last
322
spy cleared first resist .30,,,now es needs to get ober 1161, intraday scalps===chris
258
ES and SPY trying to clear resist here--if they do,,could go higher into todays close---resist holding thus far,,but if it breaks,,,,higher to close
248
above the market spy long scalp over 116.30 could work,,,watching for reactions if it gets there, for poss setup---chris
244
under 116.30 spy intraday bearish,,,over that could surge higher===chris
238
Daily and 60 min XOM says to hold swing longs, no profit taking yet,, same targets,,imo---CHRIS
1032
XOM roadmap for swing still the same: watching if it can break over 75.10 for 76.68 target and then 79.30/80.00,, currently is close to testing resistance so watching if resist breaks higher, or consolodates bullishly, or a vicious downside pullback comes instead,,, bias atm is for consolodation then break higher to the 76.68 where i'll take profit on partial shares and look to buy them back on the stall lower
* 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".
taking 4 points profit on half,,holdking rest thru close,,of spx,,,,,,,,,,,,,for xom, holding it overnight,,,may take part profits on xom at close---chris
326
SPY moving nicely higher on the above mkt trade 116.30==CHRIS,, tighten stops on half, 116.83 last
322
spy cleared first resist .30,,,now es needs to get ober 1161, intraday scalps===chris
258
ES and SPY trying to clear resist here--if they do,,could go higher into todays close---resist holding thus far,,but if it breaks,,,,higher to close
248
above the market spy long scalp over 116.30 could work,,,watching for reactions if it gets there, for poss setup---chris
244
under 116.30 spy intraday bearish,,,over that could surge higher===chris
238
Daily and 60 min XOM says to hold swing longs, no profit taking yet,, same targets,,imo---CHRIS
1032
XOM roadmap for swing still the same: watching if it can break over 75.10 for 76.68 target and then 79.30/80.00,, currently is close to testing resistance so watching if resist breaks higher, or consolodates bullishly, or a vicious downside pullback comes instead,,, bias atm is for consolodation then break higher to the 76.68 where i'll take profit on partial shares and look to buy them back on the stall lower
* 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".
Thursday, October 6, 2011
Thurs thoughts
526
imo,,too early to short swing spx---chris
i could see shorting b4 1100 breaks, at higher level---chris
but waiting for a retreat lower on the 60, and then short the bounce
to make sure the "up" is finished,,,could go higher imo---chris
1175 spx resist,,watching reaction there if it tests it
we are now at trendline resist on daily chart, so watching to see what it does tomorrow--chris
some individual dow components, like XOM,,,have diff charts,,that look like they could break rectangles daily to upside,,imo--chris
423
still no long gold swing entryk,,maybe tomorrow
356
xom just broke over 15min resistance---chris
356
I will continue holding the swing longs in XOM overnight
1005
still watching for new entries in gold and/or silver long,,,may get a setup today, for swing, no entry yet,,,
1000
the SPY longs were green pre-market and at market open but declined, so exited during the opening choppiness
940
Exited SPY UPRO longs from yest near breakeven, will look to re-enter later,, still holding longs in XOM
* 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".
imo,,too early to short swing spx---chris
i could see shorting b4 1100 breaks, at higher level---chris
but waiting for a retreat lower on the 60, and then short the bounce
to make sure the "up" is finished,,,could go higher imo---chris
1175 spx resist,,watching reaction there if it tests it
we are now at trendline resist on daily chart, so watching to see what it does tomorrow--chris
some individual dow components, like XOM,,,have diff charts,,that look like they could break rectangles daily to upside,,imo--chris
423
still no long gold swing entryk,,maybe tomorrow
356
xom just broke over 15min resistance---chris
356
I will continue holding the swing longs in XOM overnight
1005
still watching for new entries in gold and/or silver long,,,may get a setup today, for swing, no entry yet,,,
1000
the SPY longs were green pre-market and at market open but declined, so exited during the opening choppiness
940
Exited SPY UPRO longs from yest near breakeven, will look to re-enter later,, still holding longs in XOM
* 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".
Wednesday, October 5, 2011
Wedn thoughts
353
es 1137 was 9min entry,,,long overnite---chris
347
ES stall as vxx approached support is normal,,,pb on ES buyable
346
to hold overnight ,,,in 9 minutes,,signal will trigger to add spy upro longs,,,anytime between now and then,,,waiting for 8-9 min to pass first==CHRIS
335
1138/39 es may stall here,,,watching ,,,at vxx supp---chris
311
my 3pm signal (and likely the 355pm) signal suggests that adding SPY long between now and 355 could work,,,no entry signal yet, may get whipsaw up down tomorrow, may trade red, but signal suggests a profit opp will present on longs entered sometime between now and 355 PM,,waiting for entry
256
114.93 SPY trgt
132
ES trying to breakout higher here intraday--- at resist test now,,,watching reactions
1228
on 10/4 spx made a lower low,,,while xom made a higher low,, also as mentioned before, 9/27---9/30 xom was also able to make equiv or higher highs daily, unlike lower highs on spx
1227
i still think XOM can break higher from its daily rectangle, but needs to close over 7480--7500 (swings), we will see, if unable then exiting the long makes sense, holding for now===CHRIS
1221
gld 160--162 resist---watching reaction if it gets there---likely stall and pb,,,,if pb to higher low ,,,then i might go long gld
1055
xom charts say hold it long another 4-8 hours then look at chart again there---chris
1042
took profits on SPY UPRO longs from Friday as es hit the trgt 1124, last 1124.50, see higher but locking profits, holding the xom longs===CHRIS
929
Taking profits on most shares of SPY SPXU longs makes sense at ES 1124 if able, last 1120, with a tight manual trailing stop on remaining shares, will keep the xom longs swing for higher targets to participate long there for a longer time.
* 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".
es 1137 was 9min entry,,,long overnite---chris
347
ES stall as vxx approached support is normal,,,pb on ES buyable
346
to hold overnight ,,,in 9 minutes,,signal will trigger to add spy upro longs,,,anytime between now and then,,,waiting for 8-9 min to pass first==CHRIS
335
1138/39 es may stall here,,,watching ,,,at vxx supp---chris
311
my 3pm signal (and likely the 355pm) signal suggests that adding SPY long between now and 355 could work,,,no entry signal yet, may get whipsaw up down tomorrow, may trade red, but signal suggests a profit opp will present on longs entered sometime between now and 355 PM,,waiting for entry
256
114.93 SPY trgt
132
ES trying to breakout higher here intraday--- at resist test now,,,watching reactions
1228
on 10/4 spx made a lower low,,,while xom made a higher low,, also as mentioned before, 9/27---9/30 xom was also able to make equiv or higher highs daily, unlike lower highs on spx
1227
i still think XOM can break higher from its daily rectangle, but needs to close over 7480--7500 (swings), we will see, if unable then exiting the long makes sense, holding for now===CHRIS
1221
gld 160--162 resist---watching reaction if it gets there---likely stall and pb,,,,if pb to higher low ,,,then i might go long gld
1055
xom charts say hold it long another 4-8 hours then look at chart again there---chris
1042
took profits on SPY UPRO longs from Friday as es hit the trgt 1124, last 1124.50, see higher but locking profits, holding the xom longs===CHRIS
929
Taking profits on most shares of SPY SPXU longs makes sense at ES 1124 if able, last 1120, with a tight manual trailing stop on remaining shares, will keep the xom longs swing for higher targets to participate long there for a longer time.
* 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".
Tuesday, October 4, 2011
Tues thoughts
358
wow will take half off here spx longs at es 1117,holding rest---CHRIS
356
es now near first trgt 1110 from yest,,,see higher tomorrow
3:30 PM
I'm holding my longs in XOM, spx from yesterday. I will not close them today. Looking for higher prices and a bouncel.
* 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".
wow will take half off here spx longs at es 1117,holding rest---CHRIS
356
es now near first trgt 1110 from yest,,,see higher tomorrow
3:30 PM
I'm holding my longs in XOM, spx from yesterday. I will not close them today. Looking for higher prices and a bouncel.
* 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".
Monday, October 3, 2011
Monday thoughts
400
i think we bounce tomorrow, then maybe get another short entry setup swing---chris
322
1110 es trgt 1 --chris
319
1100es long looks good here imo--to take profit on half of es if it rallies into close, else hold overnight for higher exit
304
3pm signal suggests buy long swing xom here 7162, or add to existing long swing, to exit half tomorrow if adding,, spy upro qqq longs could work too but i prefer the stronger daily chart of XOM
241
Over es 1108 bullish,,,under 1096 ES bearish, imo, intraday, for continued movement in the same direction of the break if one occurs===chris,,,,or bounces at 109/98,,,pb 1108,,,until break
214
two largest companies in usa: xom down 1.1% today,, aapl down 1.15%,, spy spx down 1.8%,,still see higher for xom--CHRIS
1:22PM
Took profits on SPY 1.77%, spxu about 5.31%
Tigtheniung stop on shorts added Friday to protect profit. Stop ES 1105.25
* 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".
i think we bounce tomorrow, then maybe get another short entry setup swing---chris
322
1110 es trgt 1 --chris
319
1100es long looks good here imo--to take profit on half of es if it rallies into close, else hold overnight for higher exit
304
3pm signal suggests buy long swing xom here 7162, or add to existing long swing, to exit half tomorrow if adding,, spy upro qqq longs could work too but i prefer the stronger daily chart of XOM
241
Over es 1108 bullish,,,under 1096 ES bearish, imo, intraday, for continued movement in the same direction of the break if one occurs===chris,,,,or bounces at 109/98,,,pb 1108,,,until break
214
two largest companies in usa: xom down 1.1% today,, aapl down 1.15%,, spy spx down 1.8%,,still see higher for xom--CHRIS
1:22PM
Took profits on SPY 1.77%, spxu about 5.31%
Tigtheniung stop on shorts added Friday to protect profit. Stop ES 1105.25
* 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".
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