Thursday, April 25, 2013

thurs thoughts

400
will see if 1578/1576 get tagged AH or not, or by 415...gnite all

356
LOL the MM are NOT selling anymore...just not buying until 1576...letting the lil guys sell it here

353
theres the 1581 break...see if it goes for 78/76

352
1576 not 1578 is where they r waiting to buy the es...1581 last


351
normally would go under 1581 with that action

351
this candle on ES...SPX...MM selling it...despite up

349
LOL feels so weird to be long VIX...usually short vix is better trade for swings because of its drip drip drip tendency

348
Market Makers are buying the vix long products here fwiw...

345
UVXY: keeping the sell order 25% at 6.74. if it gaps up tomorrow, or is hit tomorrow morning, i'll just let it fill. not raising for now. other trgt 7 and 8ish much higher for remaining 75%. will try to buy back if able if lower in morn

344
if NUGT gets those levels tomorrow, will buy prob, depending on chart

342
nugt had buy levels today at 1290 and 1227 which were not hit...fact they were not hit is bullish imo and worth a half size long position in nugt...knowing it may drop to those levels later... they almost always hold, the old levels

340
UVXY..last 3min red candle was retail selling not MM...the MM are buyying this fwiw

339
621 buy level Inv Bank on UVXY if it gets there...not buying since have enough....last 637...smaller MM will buy 630

332
notice gold futures...they have held up despite dollar bounce. bullish for gold silver

330
if it were earlier in day, or if i didnt already have a lot of nugt swing, i'd buy it here. 1325.
half position only not full

328
hopefully UVXY will be at 774 when es gets 1576
else may exit that 25% of uvxy at es 1576.50ish

323
if SPY cannot get higher b4 the close,,,going to be a nasty daily candle. that SHOOT STAR we talked about earlier today

312
*** Inv Banks running again........674 raised level to sell uvxy from 661....likely get stall still on old level 661---its inv bank not MM level....again this time of day this stuff can break...why they raised it

the Inv Banks do NOT usually move like this...they usually keep their levels.....even at 3-4pm

MM move their levels much more of course

306
there it is. filled. gain 4.3% on that piece of uvxy from this morn

now...trading the SWING uvxy...scallp all gone

306
it "should" fill and overshoot, move toward 660 trgt

306
LOL missed by 1 penny the uvxy order to sell...still waiting

303
ES hit the 1583 trgt,,,1580 next

301
smaller market makers moved in ahead of Inv Bank level and jumped over them to sell lower...is what happend

300
usually on those "near misses" the trgt gets overshot higher...but keeping scalp sell at that level, holding swing for higher

300
grr missed by 3 cents...still keeping..MM will try to buy uvxy 627 if they can, then 660

257
**** UVXY cleared for 660 test...should hit the 646 fill trgt scalp

256
broken

255
77% rang...the 78 is much more impt, short es at 1583..implies may break it

254
also UVXY over 650 levels...could put ES selling pressure and uvxy higher...BUT expecting the 646 to hold first try...tho at this final hour its breakable,,,just respecting the level until broken

252
may get a 78% sell alert today on es,,,close but not yet..still at 74% from 1586
if it gets to 85%...watch out below

248
"funny math"... 1/2 + 1/2 + 1/2 = 1.  government contract accounting

247
sold here, into stregth...3% gain
2% on first half
still have half left (bought back near same price)

246
preparing to sell half of UVXY scalp bought this morn (double dip second buy_.)...same plan as b4...sell half keep half, except this time i wont buy back...too late

245
MM just sold the 1586...may see a shoot star in 3min charts...

243
1346 nugt buy level, in between the obvious 1360 and 1320

242
measures 4 points which just so happens to be t2 at 1580

241
ES 3mi charts...bearish M

237
have an order to sell swing UVXY 8.40...not expecting it today, but sitting there in case of spx flash crash huge move up in uvxy...always have them in place to "catch" events like tuesday

posted the 840 other day...

230
hard to explain algos in text messages LOL

230
its just coincidence that it keeps ringing at 1586-ish es area...its not set to ring at that price...just that the alerts are triggering at that price level from other data input

but when it does ring multiple times coincidentally at same price...usually means that price is "real" since the alert  is derived,not direct, and such derivation keeps lining up with same price

229
74% rang, es short

220
1583 and 1580 ES trgt test levels lower....it can drop to 1580 and still be bullish for another bounce,,,tho its looking toppy from multidays weeks perspective

if the 1580 breaks,,,could mark the high

219
UVXY poss getting set now for mini trgt scalp 646...still have the order in to sell scalp there....uvxy swings higher trgts as posted

214
**** Market Makers and a few Invesment Banks have been accumulating VXX...not saying this is bottom for vxx uvxy....but imo good buy level...they accum for overnight holds multi days...

but this accum gives UVXY 5--30% gains potential, as had many times...uvxy vxx tend to put in huge green candles and many small candles daily....trick is to only buy when SPX is at extreme levels and not in no mans land

159
: half position in nugt now at 34% gain...holding for higher after selling half yest...still have gold in other account from before "crash" at net loss but trading out of the loss toward net gains

156
Investment Banks once again raised their sell levels on NUGT to 1450 from 1425...this much raising without selling some before raising is somewhat unusual...but the old levels generally stall...because of the "rare event" in gold, the nugt is even more volatile than normal

half position in nugt now at 34% gain...holding for higher

141
still have 646 order in to sell some uvxy scalps if able. higher trgts swing

119
uvxy may make buy level 609...Inv Banks waiting there to buy vix type instruments uvxy vxx

117
MM selling here nugt 1391,,,but inv banks went higher

116
***raised...14.20 new Investmen Bank sell level NUGT...they r running away LOL

111
stilll have the nugt swings...holding thru all this noise



109
NUGT looks like 1368 heavy resist break poss for 1396

103
GOLD testing its daily high now and looks breakable higher, and ES poss pullback..both those make me hesitate to take any DUST atm...NUGT could break its resist with that combo, also DX us dollar UUP....but still see the 1369 heavy resist on nugt...will watch reaction

101
74% ES short almost ready to ring ...at 1585.50 last

1251
if u count the weekly candles on SPX SPY ES....its nearing "time" for pullback...was looking at earlier this morn, just quick glance, not exact....but notice where the red candles came in the past...

1249
if 1369 NUGT breaks, likely to go over 1380...heavy resist at the 1369...

may take a quick DUST trade at 1369 nugt...depending on when it comes

1242
still waiting on nugt 1290 and 1227 possibly buy areas..hasnt pulled back that far tho


1158
fasten seat belts?

1152
"weird looking" 72% short may be kicking in here...es

1150
VERY LIKELY that UVXY stall if it gets 646-650, unless "unusual" event...on first try intraday...orders set to sell 646

1147
watching 1315 NUGT for poss buy. last 13.33. if 1315 holds....could be a nice release from stretched 15min with not too harsh pb, for higher

the 15min gdx nugt are tired and need some pb,,,the daily still has lots higher with the 60min neutral/bullish

1145
646 still same scalp trgt on uvxy full scalp,,,half off at lower 'obvious' resist points like b4
swing trgts higher in uvxy as posted b4

1144
hmm 72% short ES just rang at 1585
its a strange chart setup,,,not sure whats happening LOL...usually looks "different"
intraday signal not swing

1142
buying back have the half UVXY i sold at 2% gain here...scalp...now back to full scalp size

1124
AMD trgt is 3.80 multiweek swing, then 4.40. last 2.67. watch for a break of daily rectangle to upside. may take awhile. multiweeks

1120
nice pop on uvyx. half off at obvious resist near daily high. 2% gain

1119
IF es goes under 1582,,,may see larger pullback...thats the risk in mini breaks resist...often false up with hard down
109
but respecting the 1368 resist area...its an old Investment Bank sell area...so watching
they almost always stall on first try of Inv Bank prior levels, tho Inv Banks are now sitting higher


1114
scalp kicking in for uvxy...at 1.3% gain atm

1059
4%+ gain if 646 hit

1057
646 trgt on 618 uvxy just bought...swing uvxy much higher trgts over 700 800

1030
another 4 candles on SPX ES SPY may present opp to add intraday shorts,,,

1029
bought some uvxy on ES test of its overnight high

1024
buying some UVXY here 618.  more at 608--610 if able

956
approx 12.90 and 12.27 nugt buy levels

953
GDX Inv Bank update: their buy level is 29.70.  I'll buy nugt if GDX gets there if able

946
Market Makers are trading GDX this morn. buy level 1 is 3049 gdx.  BUT the Inv Banks are not participating...waiting for Inv Banks to show their hand with more accurate levels, and then may buy back half nugt sold at 22% gain... MM usually have multiple buy levels and waiting to buy at next lower buy level until know what Inv Banks want,,,and also chart-wise, to let some candles form intraday 3min and 15min charts

942
Notice again how GDX and NUGT tagged almost to the penny the Investment Bank levels, and then stalled pulled back. posted NUGT trgt was 13.74, hit 1380 and has dropped to 1320 last. nonetheless, still have higher swing trgts on NUGT GDX.

934
imo uvxy still buyable, overnight holds


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* 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".

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