Wede thoughts

421
LINE swing short continues to look bearish

357
DZZ at 4.26 to short gold, or GLD could be used to short it, swing

340
out xiv 933, not moving

307
933 XIV

306
tvix sell warn at 1468

303
1344 es test should hold first try, poss short bnc entry

257
dont like that test on tvix of supp at 1455 at this time of day, too risky imo,,on sidelines for now,,, used bounce to get out

256
im out of tvix 1475 here, for now, from 1470 entry,, will reeval later

253
or if es hits 1344, will prob short bnc off of it,,, if it were 11am--1pm i wouldve shorted the test 134, but this time of day, could go crazy so waiting

251
will short es 1352 if it hits there in 30 min

236
*1440ish, we wish 1540 :)

236
tvix has volume on its upside today, looking at intraday 15min charts, with supp 1540ish volume

227
there goes my short, on ES scalp, stopped out of second half for measely 1 point, and 6 points profit on first half

225
over 1512 tvix gives 1570 trgt

210
117.20 next TLT trgt

208
TLT on the move higher at its critical 2pm--3pm period,,watching reactions

203
a red candle on HPQ 60min chart would end that "wait 4 hours to short hpq" from late yesterday

159
74% confid intraday buy signal on tvix just rang

156
i have sell stop 1570 tvix if it gets there, to take profit on half if trgt hit

150
usually the oil trades in SCO and UCO give about 15% profit trgts, but having to weave in and out faster since Jan 1 on them

136
i believe that oil will break the 95 support, eventually

136
QuickSwing indicator for silver is "short for 2 days",,,but it rang at a higher level,,may short it on a 15min bounce

133
14.70 tvix now looks nice for early entry,,,,,,,half size, to give ebough for combo scalp swing

124
1344 es was rejected, as expected

1233
looks like the headfake break over 1342, also the bear stoch dbl top near confirmation soon

1226
poss bear stochastic dbl toip on 3min es here, needs to move lower to confirm it

1225
also EUO trying to put in a higher low on 15min chart

1224
3min looking a bit tired, so giving a lil room to breathe

1224
hard stop set 1345.25 to prevent loss from 1346 entry

1223
waiting on cover here,,,1342.25 not hard stop

1218
if 1342 breaks, could pop to 1344 and 1344 may get a fast rejection lower

1217
looks like 1340 es could break,,,tricky here at 1340/42

1204
watching the 1342.25 area for poss exit on the shorts from 1346 second half,,,1342 held so far

1157
below 1340 would give another short setup, for next 9 mis only

1155
1340.50 minor 3min es resist broke, but can it get over 1342.24?

1153
could be headfake probes higher,watching

1152
they r probing now, tryiong to trigger stops,,,iof enough get triggered will get over 1342

1150
1342.25 stop for es shorts scalps makes sense now, from 1346, could always reenter

1146
under 1337 es, could give 1325 es, today

1143
right now rsi is bleow it,,,but that would give a bull rsi failure swing if it went above

1142
3min rsi over 36 may suggest taking profits on shorts and look for reentry,,for scalps, if gets ther, on 3min chart

1136
1343 mental stop, hard stop higher

1135
> should se 12337 es now

1135
no volume diverg suggests sellers not tired yet, not done selling

1134
no bullish vol diverg yet on 3min es,,,suggests lower es and short its rallies intraday

1131
added back in at 1340 es shorts, all other orders canclld

1129
if 1342 comes b4 133850, i'll reshort the half i covered at 1340

1127
APL stop 3540, if stopped it will be loss not profit, on the second APL entry,,last 3646

1126
1338.50, adding ES more shorts if hit1338.50, adding ES more shorts, instead of 1337

1122
TLT just hit 11680 trgt from yest,,,, the 15min Bull W has now formed,,,wathcing next for 60 min W,,,could stall here

1120
taking 6 point small profit on half es shorts

1119
watching 1337 es....v impt imo, intraday and also swings

1118
oil short will prob give an exit to take profit and then re-enter bounce,,,then the BIG move lower for swing, imo

1116
notice all the topping tails on the daily CL oil futures candles

1108
1339 ES "should" move confid from 76 to 78%

1106
if es gets under 1337---could really sell off imo

1105
broken trgtr...watchinhg for sustain under 1343 now

1104
another ES rejection below 1346 on the 3min charts

1059
a bounce that didnt make 1346---v v bearish imo intraday,,,under 1346 es v bearish imo

1058
76%confid sell es

1056
i still thinkTLT will form 2 bull W's :  first on the 15min chart, then a bigger one on 60min chart, for swings,,, 116.85 tlt would give the first W on 15min chart

1055
ES getting rejected under that 1346, for now,,,watching those 2 pivots 1343   1346

1052
i "think" an ES bnc to 1346 and turn lower, or fail to get 1346 on bnce, will put es confid at 78% sell, unsure tho

1048
the oil freight train is much stronger than spx freight train,,,,move away from it, or ride it

1047
still holding the newly entered oil shorts swing from yest,,,it could really start moving now

1044
a 1345-46 bounce in next 12 mins would be shortable imo, if it gets one,,could break the 1343 instead

1042
74% confid sell signal, 1343 breakable needs 78%, but getting higher

1040
BELOW the mkt, 1337, i'll add ES shorts, from existing 13436 shorts

1039
over 116.70.,,,TLT  TMF  could soar higher intraday, also ZN  ZB futures

1037
and 50%ish "feeling" that it could break on first try without much bounce,,,feeling only,

1036
watching 1343 ES, bears must break it, bulls must hold, bias down after stall on 1343

1029
72% confid sell signal on ES, up from 70%

1027
70% confid es sell signal, intraday

1009
SLV approaching a resist test here,,,may be shortable again, but waiting for entry

957
hpq scalp trgt a little less than 1% move

954
hpq 2917 scalps or day could work here,,hpq could still make a minor higher hi over 2925 to 2935--48ish, but entry here could work too

948
1346 short scalp es

946
hpq remains inside yesterdays 2pm "wait 4 more hours" to short setup, may get a swing short setup on it today as it develops, tho i'm already short hpq from earlier ao qont add more

940
apl hit trgt while typig,,,3740 next trg

939
3727 APL trgt, then stall ,,,will watch reation at .27 if gets there

938
APL up higher at the open as expected,,,letting it run for awhile,,,might still take profit this morn,unsure

930
long TLT or TMF scalps / day could work well today, at the open, or ZB ZN futures

929
if HPQ tests 2879 lower,,it will prob break and continue lower after poss stall,,but at the open can blow right thru that support if tested

923
i will be watching APL closely at the open, and may take profits on it, then try to re-enter. i think APL will gap up this morn.

* 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".