Thursday, September 6, 2012

Thursday thoughts




[15:46:28] 14.63 TZA i might be interested in buying tza, not before then, for now[15:46:47] calc made same way as prior 1640 1547 and 1500 tza levels


[15:34:12] Market Makers selling treasuries here, nothing agressive but selling ,,suggests higher TMV coming hours days

[15:09:02] TLT has closed right on support, and that is often bearish, as support is easy to break the next day during higher volume open (still has an hour left today, but sitting here at 3pm for bonds isnt good usually)

[15:02:04] if long from ES 1397, makes sense to exit rest here or tighten stop and look to reenter, and take the 33 point gain[15:02:23] 1336 still trgt but that would be safety stop


[14:44:42] 72% bias long rang,es
[13:59:09] 70% long ES rang, up bias intraday
[13:59:18] at 1430


[13:50:25] Market Maker, institutional, and investment bank buy sell levels remain the same almost all day, still ES 1410 and 1436
[13:50:55] 1424 intraday would like be bought on its first test



118pm
TLT still in a dangerous position here and could go lower, which could send spx higher, last 124.72 TLT,,,,i reamin short tlt via 3x tmv

[12:51:47] ES sell signal dropped to 40%, may go up now as result
[12:51:57] 1430 last


2:43:59] 1426--1431 is 5 point range on 15min es,,,just so happens to correlate close to 1436 Market Maker Investment Bank sell area, 1436 as 1431+5=1436,,,

[12:20:59] at 1430 ES,,,68% ES sell signal, not strong enough for any action imo,,,its daytrade not swing signal, not at 70-74%, and even 74% may not be actionable today shortside, watching it

[12:05:48] TMV still waiting for 54.80 for now
[12:04:52] upro order still at 90.00,, MM level evaluates to 90.39 upro, same as b4 MM

1154
ES 1424 area is now support, but its new support as a result of resist break higher turned support, so will be watching to see what it does. will see if it tests 1425, and bounces, over 1424 is very bullish, and over 1390 bullish, for swings


[10:59:30] 1436 should cap today, if it gets up there, ES, imo,,,thats the current market maker, investment bank, and institutional sell level

[10:42:21] i bleive TLT going lower, for multidays week holds
[10:42:36] it needs to test closer to 120-124 and poss break 120 lower
[10:43:07] but lower TLT may "stop" pushing SPX higher, instead i believe we will see spx stall/fall and a rise ingold silver as TLT does its thing
[10:43:35] can write something up later more detailed on TLT SPX GOLD SILVER,,,all from multiweek swing perspect


[10:40:45] Market Maker buy sell levels evaluate to 85 buy and 90 sell for upro, is why i chose 90 upro for now

[10:25:00] raised upro order to sell at 90 now instead, will adjust later
[10:22:22] es hit 1423,,,considering 1424 trgt hit, and may go higher, i'm not shorting this


[09:35:25] still have old upro order to sell 87.70,,,may need to adjust it due to decay but will adjust later, approaching that now, corresponds to 1424ish es


[09:32:48] 1415.50 es hit, considering the 1416 trgt as being hit, 1624 next trgt,stall poss
here but could go either way
[09:33:48] since trgt hit, this would be place to take gains on upro sso etc,,,can hold half for higher if desired

[08:32:38] TMV trading 3.5% lower for anyone that took tmv yesterday when posted TLT hit 127.10,,,for swings see lower TLT but one could take profits here on part or all of position depending on how long they want to hold it
[08:32:52] *TMV is higher, TLT lower


8:08 am
Overnight ES hit 1413 or one point over the 1412 target.  1416 and 1424 next trgts on break of each prior one. same targets,no changes



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".

No comments:

Post a Comment