Wedn thoughts

359
ES may drop 5 points afterhours, by 415 or 500 pm...will watch

318
limit order: buy 25% size position in nugt, 6.67, if filled
good today only

317
660 today would be nice,nugt, i'd consider buy there

315
and 1677 looks breakable today lower es

313
smaller Market Makers are selling tza here at 2570 but bigger boys waiting higher

312
TZA 26.20 sell level 1 fwiw
last 2570

308
*** 16.53 new daily Inv Bank sell level....good chance now that VXX hits the 16.23 prior Inv Bank level...those levels often stick so may stall there, but this time of day may go str8 up to 1653...waching

306
notice how UVXY "caught up" in price like we talked about hour or so ago? was underpriced then....notice uvxy made new daily high, but SPY didnt make new low,,,yet....cuz uvxy vxx caught up in price

304
sold half scalp 16.06 vxx,,,holding half,,,and have full size swing vxx uvxy
respecting test of the high,resist, so took off half....all noise for the swing tho

303
VXX testing its daily high now...tryingt to break it higher...
this time of day, can see a nice move, final hour....

302
stil no Inv Bank change on sell level. at vxx 16.23

253
es trying again to get over 1682...hasnt yet...will it succeed this time? still impt # into the close

245
above 730 today....watching for that, and i'm wiling to pay mor for it if it can get there...impt #

244
i'd feel more comfortable if nugt had some small sideways 60min candles

243
6.51 nugt Inv Buy level 3,,,under 677 and 696 buy levels

233
1682 es number proved accur..thus far...
holding
directional #

226
but no fear...its bearish for SPX when SPX is this high
because no fear means: no insurance, underinsured motorist, no homeowners fire insurance
but just like ppl that drive with no insurance, they can often drive a long time before disaster hits LOL

225
fear has not manifested yet intraday...uvxy "should be" higher than this with the move in SPX lower today...idk if uvxy will catch up or not, but its underpriced intraday atm imo

224
intraday...1682 R holding so far....wondering if this uvxy vxx scalp will be a dud or move nicely....will see, giving it time since trade still valid...sometimes we do get wet firecrackers though

215
v impt test right here. ES just hit the prev posted 1682 resist trgt and its stalled there...watching to see if it holds it down or pierces aboe. the reaction here maywell dictate the next 2 hours direction into the close...

206
in fact, it sounds backwards, but if SPX ES bounces today and does not sell hard, it will prob go lower in coming days than it would if it sold hard today

that is, from 4pm signal perspective, i "hope" it does not say exit today, cuz exit later will likely be profitable...but will trust the sys and take losses if needed

the personal trades will ALWAYS outperform the 4pm sys, but 4pm is so easy to use, and works good enough, for me

203
imo, spx spy needs at least another 4 hours basing before long opp swing.
btw, 4pm system is CLOSE to signaling a "take a loss on the short positino and reverse to long swing", but it has NOT YET triggered,,,and the biggest moves often come right when the 4pm sys is "close" to its exit signal


202
under 1682, ES bearish imo, intraday...needs to test and get over that, else lower lows

200
this time, notice that Inv Bank level to sell VXX is at an obvious level. 16.23 level is right at high 2 days ago. this is unusual and they usually put their levels in "weird" areas that cannot be seen on chart

VXX has ability to blow right past the 1623 if the Inv Banks would raise that level....tho may not see today...no fear at least not yet in VIX

142
728 nugt now near the 730. next 711...but lets see if it gets over 730 before 4pm today...if so, bullish imo nugt

136
VXX has broken over yest high as expected, and has not surged but broken, and no surge unless the Inv Banks raise that sell level...still watching,,,they may raise

117
VXX now testing yest high and it looks breakable higher today
i continue to hold the quick trade vxx uvxy from this morn, and the multidays weeks seperate position uvxy vxx, same trgts for now

114
Inv Bank still have sell level at 1623 vxx,have not raised yet, so atm limited up on vxx n down spx, but that could change fast...still watching

110
 see that high vol 5min candle on SPY? 2 candles ago...shooting star bearish

109
VXX UVXY long 74% just rang intraday signal...may pop today...72% rang lower at 1574, last vxx 1592

107
could drop to 670 if 730 doesnt hold

106
nice pb in nugt, stil see lot higher later for swings, 730 a buy spot for nugt imo, layer in not all at once there

1217
SPX now at trgt from 10:22 am...1678 next trgt and poss area to take profits,instead of here

1211
if 1682 es breaks, watch out below on es, intraday...1683 last...

1209
SPY   ES on the 15min chart are acting as expected, per discussion at 10am-ish....

1144
1680 and 1705 curr Inv Bank levels to sell VXX...the 1680 is the BIG BOYS but i think they will raise it,,,

1137
 Inv Banks will pay a premium on 7.60 nugt atm thats their buy level
they just bought NUGT near that #
but i'll wait on nugt to buy...still have a half size position in it after selling half yest, so no rush


1116
for now, have order to take profits on vxx uvxy quick trade piece if it hits vxx 1708, or about 7% gain vxx and 14% gain uvxy if hit

1110
watching the mini quick trade trgts on vxx uvxy, but also watching for poss 5-10% move too, so giving room and wont auto sell at mini trgts...

1105
ES SPX SPY should all re-test todays low and prob make a daily low, if this pattern on 15min chart does what it often does

intraday trend on spx is down not up, trading the trend

1032
modest 1600 and 1623 approx vxx trgts, may go for higher but wil actively trade and watch this

1031
quick trading scalp here now uvxy and VXX 1590...diff trade than swing uvxy....

1027
vxx 16.23 mini trgt on vxx and uvxy, will see if Inv Bank raise their sell levels, may take some 20-50% of uvxy off if vxx gets there, last 15.91

1022
the supp level on SPX has finally broken (quick trade supp level 1691), imo spx has a down bias next 4 hours at least, usually 4-12 hours (cash hours not futures hours), and i'll be shorting any and all rallies for next 4 hrs for quick trades, hold time hours --few days for modest trgts 1685, 1678 spx, a daily close some day under 1680 suggests a trip back to 1650 (approx # obviously)

right now the break of 1691 looks small and un-impressive, but its the level i've been watching a few days, and when it "acts as expected", time to jump on

957
and now SPY ready to test the 169.00 level, es 1686, same levels we been looking at for few days

955
not surprised to see a sell off on SPY SPX in the first 30min...gap analysis was WrONG and said we would gap down, but when its wrong it usually tries to fill the gap like this and [resent opp to fade the gap....

939
700 and 930 approx Inv Bank levels near term for NUGT fwiw, mid term numbers are higher

939
still believe that 1686 ES or 1691 spx level is going to break lower ....swings

937
GM all...hmm well we did not get gap down today, watching now to see what spy spx es want to do...imo still will be pb in spx and pop higher in uvxy, swings

* 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".