Tues thoughts

340
exiting tvix soon,, tite stop on it now, manual trailing the stop up==chris

221

tho tvix really needs to get over 5270 to move agressively higher,last 5235==chris



220
TVIX now breaking higher,,,ES should breakdown==1257 lst es==chris

219
vxx flat 15min chart vs up on spx, often bearish setup on spx==chris

128
last tvix 5200...targets are 5380, 5500, 5600, 6064==chris

121
1255 es looks breakable lower--chris

120
added TVIX here 52.10, swing scalp===chris

1215
also VXX finding support at its 5period MA on 60min chart,,,at or above that is bullish vxx tvix, bearish spx, anything can happen but larger spx moves higher usually happen when VXX is further away from its 5 MA on 60min charts==chris


1213
long opps swing for end of year dec rally may present later, but my charts are still on yesterdeays 355pm sell signal--chris

1211
or tvix buyable pullback if took profits b4

1209
1248 short es could work here===chris

1147
3min candles suggest 9 candles sideways bear bias under 1248==chris

1146
break under 1241 can see 1235 v fast intraday--chris

1143
bounce to 1248 or lower would still be bearish under 1248 imo--chris

1142
buit 15min chart suggests hold shorts at least 15min, and no longs b4 15min, to me---chris

1140
this 1242 supp test on es v impt intraday imo==chris...1242ish area is prior support low, and prev to that a resist high that broke higher

1134
tvix at 5542 still around 10% profit area, still have the eventual 6400ish trgt area swing eventually for 28% profit if hit===chris

1130
at es 1244, still in the 4 hour bearish bias period from yest 355pm, it may extend longer also, to 1235 and 1231 lower targets==chris

934
the TVIX is at about 10% profit on second half now, holding longer===chris

i still have a 4 hour bear bias on my spy charts, from 355pm yest,,,will hold the spy shorts swing, sds, tza,--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".