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


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