Thurs thoughts

[15:54:52] if 1390 breaks SPX, then 1375 trgt (approx #s), swing
[15:55:12] over 1390 is tricky short, unless spx is at extremes stretched tired up

[15:39:20] spx tested near 1400 today,,,still see same as yest risk tho: if 1393 not tested,,may trap shorts until the next short opp comes
[15:34:03] timing analysis suggests poss short spx after 1--3 days from now,swing
[15:32:32] gap analysis using method i use, currently favors up for ES
[15:32:48] could change in 30 min

[15:21:11] its not likely it would move that much, but if TLT closes under 124.50 today, would be bearish for the TLT and good for TMV 3x

[15:12:12] trgts are simply prior intraday highs, no complex calc,,the 1407 reprsents a prior high as well as breakdown point (prior supp turned into resist when it broke lower), so 1407 the more impt trgt, intraday only

[15:10:18] ES nearly tagged 1400 but failed a 3min close under it, so far, and has bounced to 1402, with the 1404 1407 trgts still viable

[14:52:33] the es hit the 1402 micro trgt, if 1400 holds i'd expect it to go for 1404 1407,,,a break of 1400 with a 3min candle close under it could send it lower
[14:52:44] only intraday for above,not swing


[14:16:16] bought TMV 3x, entry 1...(re entry in this from exit few days ago)

[13:57:31] 1407 resist es

[13:54:51] 1402--1404 then stall then 1400 then higher, could be a micro pattern forming,,intraday only, not relev for swing

[13:52:33] 70% intraday long bias just rang, es 1399.75,,may bounce

[13:16:35] if CHRW gets to 55.50 area, might take profit on the short and look to reenter, or just close half of position,,,still see the lower trgtrs 5-10% lower swing later

[12:29:41] one reason of many on long upro spx: [12:28:57] IF the spx does not test 1396 area, its going to trap some shorts,,,,the charts are still same for last 3 weeks imo, not much change in analysis or roadmap
[12:29:54] later, i'll be looking to reverse short (finally)


[12:27:09] i want TMV but will wait until 3pm or 4pm today to buy it, will re-eval then

[12:22:24] added upro, layer 2

[12:02:31] may possibly add TLT shorts via TMV 3x long today, swing

[11:44:38] CHRW still shortable here, swing, tho its testing support and may or may not bounce first, 5675 last,,,,i remain short chrw but am not adding to the position
[11:45:04] upro not adding, holding it for now at 0.7%ish red atm
[11:45:42] gdx continues moving higher, exited that one a bit early due to travel sched,,still looking for re-entry long gdx nugt


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".