Thursday, September 5, 2013

thurs thoughts


411
** 4pm Swing system signaled an "exit long upro spx" today....took profits.... for agressive only, it also signaled a "short spx spy" today also, tho it might have rung early.

4.5% gain on trade closed today on upro.


143
72% long scalp almost ready to ring, on ES...intraday scalp not swing signal

1135
166.70 spy trgt

1003
1668--1674 would be nice levels to short ES, if it gets there

956
i bought long scalp primarily because ES broke over 1657 overnite resist...could be headfake but that break will  usually give at least 2 more points

so i bought the mini pullback...would usually wait for more pb or sideways tho

954
1657.75 i took long ES...its scalp only, may only get 2 points on it, with 1662 trgt if able

951
or short ES 1662 if that comes first

950
ES daytrades: first pb on es likely be bought so long on pb, then short the second high later

948
GDX 2785, 2752, and 2700 are horiz support numbers. BUT Inv Banks have buy level curiously placed at 27.35

945
btw, 4pm sys can stay in this "almost" ready to exit status for more than one day,,,sometimes several...if a wedge forms it will stay there several days

944
GM all...4pm system still on "hold long spx upro" and might give an exit signal to "take profits".. we are also getting close to a short signal spx

* 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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