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".