nice move up in AM D since thurs last
131
74% just rang at 1591
129
74% almost ready to ring on ES short, 1591 last
111
nugt now at .83 prior high 15min chart test....
100
buy back zone on nugt: 1141 and 1120
1254
made the 1172,,,stalling here now
1248
1170 resist on nugt b4 the 1193/1196....may not make over 1172ish
1246
theres nugt...big quick test of the 1161 to 1166..note how soon it came after MM "cleared it"....this is what happens when they raise the ask :)
1236
nugt cleared by MM for test of 1161,,raised the ask from 1144
still looking for 1193 tho if poss to sell half again, keep half...after adding half more shares 1134
1218
72% short ES rang...1589.50 es
1143
these ticks on uvxy...MM are buying it...636 635
doesnt mean cant go lower, but they like it here
Inv Bank level is 629 and 616
1139
*** swings...LOTS of buying interest by MM and Inv Banks in VXX UVXY near the 636 level right here now this price in uvxy
624--636 area
1136
not adding uvxy since have enough in port...but no reason to sell here uvxy...uvxy buy level 630 maybe if it wants to drop but later same high trgts in uvxy
1135
very low vol on 3min chart as ES climbed up...susceptible to downside later ...may make new highs but is good for swings short...is tetsting resist now and vol picking up a lil at resist level
1116
still same trgts on uvxy
1116
1134 added nugt...bought back half position that was sold at 1356
1045
Inv banks now at 1120/1194 on NUGT...MM have a sell at 1161 so stall there b4 1194
1034
tho its obvious that the 1 / -1 inverse type relationship on daily dollar:spy has not been manifesting for awhile...we do get these "non inverse periods" tho they dont last forever and eventually revert
BUT the inverse relationship to Dollar:GOld is much more reliable, for obvious reasons...oil also tho politics affects the oil relationship
1033
there is now lots of resist at 8240/8250ish area if it happens to bounce that high would be "gift" to add shorts
1032
notice how DX has broken major support...only small break but this was expected...toward the 8160 8150...then will see what happens
this is VERY VERY important "easy to see" level on the DX daily chart.
1030
1--9 minutes..uvxy may hit 667
bell rang LOL
1029
IF the UVXY half gets filled to sell....will buy more NUGT if its at decent price... swing...
1028
NUGT susceptible to quick 5-10% move higher imo,,,and later 50-100% trgts
1027
10.90 buy and 12.20 sell are BIGGEST Investment Bank Levels on NUGT
1025
it suggests nugt makes the 1197 then stall
1024
1142/1193 Inv Banks nugt
and strangely...MM just moved their levels "wider" v close to Inv Banks...b4 that they were tighter and closer to price
1021
AMD is trying to break 277 resist,,,if so then 285, 293....real trgt is 4.44..long term swing
1017
gold...going for breakout...expected reactions to us dollar
1016
DX futures US dollar just hit support, and may want a trip to 8150/8160 before bounce instead of here at obvious support 8176...theres no sign of letting up atm..posted trgt yest and last week
1008
LONG the USLV 1142. positioning for dollar break. may want lower silver first, but in half position fir now
1008
wow the DX is rapidaly approaching KEY TRGT and support area..just 0.10 away...8184 last...reaction there impt...would expect stall at support but this is third test,,,a weak bounce would be bearish...will observe and may take hours days to break it...tho its precariously breakable today...could go either way
959
749 and 840 old orders in uvxy swing...still have those orders and targets also
956
UVXY hit Inv Bank level 1 here but trying to hold out for #2,,,,at 667
946
daily candle on DX already about same size as yest and day b4 candles, at this early hour...
944
DX 8150 is impt # tho ...if that breaks then down to 8060ish trgt
941
NUGT buying opp here. swings. for patient
940
:) US Dollar has broken yest low as expected, and now headed to 81.76ish...if THAT breaks then there will likely be intensified selling and a nice surge in metals...not expecting 8176 break today
938
Investment Bank update: could change later, but for now the Inv Banks are on the sidelines, with buy and sell levels far from curr price. Market Makers are trading as usual but Inv Banks on sidelines. Inv Banks only interested in the extremes, for now
936
looks breakable lower here,dollar
935
dollar at support test now and needs to hold and bounce, else could see another big red candle...already has one on the 60m chart.
breaks lower in dollar would benefit gdx nugt gld xlv
932
US dollar DX futures UUP continues to act as expected and is hitting prev posted targets. same swing targets, no changes. More downside
927
654 was old Inv Bank level, then it was raised to 667. so watching the 654 area and reaction, but it can pierce the 654 in opening hour higher volume trading period
924
have order in to sell half UVXY at 6.67 if able, Investment Bank level. pre-market trading at 6.43 just over yest close. may sell at lower price if not filled but for now 667 on half, and keep half for higher
Trades can be viewed at the links below.
http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings
For details on the portfolio see this posting:
* 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