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".