Wednesday, April 10, 2013

wedn thoughts

402
CVX daily vol is potentially misleading if only looking at daily...

most of that vol on cvx came on the red 15min candle. but the daily green candle makes it look like buying volume

356
interesting volume on ERY here

350
out of uvxy breakeven scalp, holding swing

147
going out...see yall later...may exit the uvxy from my phone and wont be able to post here..same trgts...scalp not swing piece

135
ES trying the second pb on 3min chart now,,,watching to see lower low,,,takes 2-4 times on days like this

134
historically in a battle between TLT and SPY...tlt wins,,,swings mid term

133
april 5 high vol day on TLT was gap up and small candel, not a big red vol sell candle that day on gap up...followed by lower vol selling in 3 days since

smart money parked in treasuries for now, not DOW large caps?

131
TLT daily chart treasuries:
THAT is more of a "real" breakout imo than spx spy...with backtest now in TLT, to be followed by higher tlt again

129
first pb a whole 2 points on es 3min chart bought...next pb may give a lil lower now

121
scalp order to sell set at 683 uvxy in case of fast move, may sell 670...scalp piece NOT swing..swing trgt higher

108
72% short finally rang on ES here at 1583,,,downside may be limited as first pb usually bought on 3min charts,but rang

still have uvxy scalp from this level, swing from higher level

1247
same trgts in uvxy...starting with 670

1245
: 661 UVXY could work here...scalping it in my pers acct not in vse

1239
they r buying here...watching to see how much....again often they buy a lil n drop it more

1238
uvxy just hit MM buy level 661,,,

1221
hmm since last post...Inv Bank have set sell level #2 at 7.11, first still 683...the 711 is between the prior posted "expected thinking" of 699 and 733 LOL...still need to watch 699 tho imo

1219
lowered the ask too ...to 668...possibly in order to hold price down so they can buy some
their actions in this case suggest a bias to buy uvxy,not short it

1217
661 uvxy...MM interested in buying a little there .... raised the bid
however often when bid is raised, and its in downtrend, the MM just 'buy a little" then step aside to buy more lower,,,not always an immediate bounce but it can "stop the bleeding'

1214
60min chart on us dollar...imo would have been better for dollar bulls if went sideways or down more, instead of this small up move...it suggests that a lower low instead will be made on the dollar now...if that lower low comes then silver gdx and nugt often move higher

1211
UVXY 3 min chart...confirming the MM levels activity...only prob is the chart comes after fact but at least confirms the algo


1207
IF the uvxy stays over 683 for more than 15min (if it can get up there LOL)....that could prove significant for higher... and a close over that also may be signif...these Inv Bank level usually hold on the first try almost always,,,penetrating and holding over them is bullish

i have a feeling that it will be penetrated, and a new Inv Bank level will be set at 699 then 733...but feelings arent tradeable

1202
first pullback on spy 3min chart will prob be bought today,,,starting one possibly now
 then poss short the bounce...for patient intraday lol
agressive could short it right here, at 1580,,,i'm on side tho

one could also scalp the pb long but i'm not...too much work lol

1200
 Inv Banks are MUCH more active btw in the vix ...vxx and uvxy xiv. the Inv Banks usually sit further away from MM

1149
see that 3min shoot star on UVXY? typical to see that when MM selling,,,as mentinoed b4 expected to sell here,,thats one confirmation that they did if not access to fancy algos

1005
GDX: inv bank lowered sell level to 36.50 from 3700, thus new trgt is 3650 and stall then higher,swing

1002
NUGT GDX have pulled back and are good buys for half size positions at this price imo,,,i'm not adding because i bought yest at close (at higher price :(


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".

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