Tuesday, April 17, 2012

Tues thoughts

404
heres 1384 ES test,,,will prob stall on first try, if that breaks,,,bad for bulls,,,still have 1378ish overnite trgt test

357
es may test 1384 AH too, by 415pm maybe

355
ES overnight trgt: test 1378,

348
mini breakout 3min tza

346
1388 just rejected again, bearish imo

339
changed my mind, exited 75% of ABMD to lock 1.7%ish profit under trgt, may buy back lower tomorrow,,don like this last hour action in it

332
triggered, broke 1388

330
heres the bounce,,,shortable imo, ES 1391, or move under 1388 whichever comes first

328
despite shorts via ERY  TZA,,,i will hold the long on ABMD, and small leftover pieces of others,,,sadly exited BIIB long a bit early but will perhaps buy back tomorrow or later

324
6 more minutes, may setup the scalp ES,,watching next 2 candles on ES 3min charts

322
instead of corn, u could use DBA,,i bought some near this price
,,if corn goes up, dba will do well, and dba been doing ok given what happend today in corn

320
one advantage of tza over ERY:   tza higher volume tradebale afterhours too

320
next 3min bounce on ES may be shortable also, into 415pm time for scalp, not bounced up yet, if it bounces

319
ES short 74%,,,tradeable imo scalp or swing both

318
tza added 1841, in add to existing ERY

312
MIND up 5% today from yest,,,still have a piece of it, it is right at resist,,,if this resist breaks it may pop another 2%, watching

305
agriculture etf=dba, not oracle dba

304
long DBA swing here could work, 27.44, entry 1 of poss 4

255
 this "looks" like a day to close at highs, but some indicators are saying sell
[14:54:24] but ES short signal scalp has been moving higher from 70% to 72% last

1384 es is the impt # imo,,,and it looks breakable lower

249
72% ES short scalp signal, move just a bit from 70%, last es 1387

219
ERY continues to climb higher with the spx, this may be a concern for spx bulls

154
alt view: for past 7 days, ES has been moving sideways, and has remained BELOW its breakdown point (below resistance),,,imo, swing bearish bias, tho its been choppy,, a break OVER resistance might give a long entry after a pullback but while under resist is bearish swings imo

143
15min ERY chart is near its 15min highs, while 15min SPXU chart near its lows, ERY doing better atm

127
1386 ES is on a 70% sell short scalp signal, first time today its gotten over 69% tho its still early here and usually needs 78--85% to move,,,and early entries 74%ish

125
bear ERY appears to be moving higher here ahead of ES  SPX moving lower,

118
MIND is up 4% today, it seemed to make sense to take off half of this long position, and keep other half

1251
shorted ann via puts:  ANN May12 28 Put at .70  /  .80

1242
even ES 1400 will not stop me out of ERY for now, i'm only entering it because the multiweek swing signal gave a short alarm on april 11, else i would not do this early

1240
i'm re-enterint ERY 10.47 here, starter position, and no set stop  yet,,,its early entry and aggressive,, 60 min chart says to wait 1-6 more trading hours for swing short, but i want to dip my toe in the water a little here

1213
rasiing hard stop on MIND to 22.07, mental stops higher, last 2350 from 2279 entry

1155
wow even with a tite stop, i'm still in biib

1154
SLV hit its stop, 3083 from 3046, 1.2% gain, about 2.4% on agq

1151
still see higher BIIB but its v close to resist and trgt 2, having overshot trgt1, and other longs are further from resist so still long via those stocks, if stopped out of BIIB

1151
128.22 BIIB stop  last 128.30,,,v tite,,,

1144
still waiting to re-enter shorts again using ERY 3x,,,its been a v good instrument (bearish energy sect)

1144
imo, wait to short SPX swing until 15min goes lower, then short the bounce on 15min chart, since the daily and 60min are starting to suggest short,,,the first 15min pb with this pattern is usually bought

1140
127.72 BIIB would be a v active profit protect stop, i'll keep it for now at the slightly lower stop, last 128.17

1135
2037 stop raised on abmd

1129
 i think both slv and biib go higher, but i'll wait to buy lowr if stopped out,,,esp silver since so volatile this

1122
30.83 stop on half of reaminging SLV (25% of the whole),,,stop on second 25% breakeven for now

1119
SLV 31.40 trgt

1114
BIIB raised again stop 12743 last 127.86

1110
raised stop on BIIB to 127.22, v tite stop, last .45, from 124.88 entry yesterdya

1100
BIIB approaching 127.45 trgt, last 127.16,,, it may stall here close to the target, or overshoot the trgt,,,watching reactions,,it's close enough to consider having hit the trgt but i'll watch for now

1053
BIIB might make new highs over 130, not today, last 127ish,,,i'll actively trade it in and out

1052
slv is v volatile today: a higher daily hi, then a trip lower, now moving back up

1019
when the 15min and 60min charts get some smaller candles, then a short entry may present, waiting for now, spx es

930
from yesterdays entries, SLV up 1%, MIND up 2%, BIIB up 1%, AGQ up 2%,,,,stops tightened and will be looking to take part of position off

* 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".

No comments:

Post a Comment