351
will watch 10754 ...if it does NOT pull back and sustains,,, need to re-eval lol
350
DOW about 140 points from the 10,754 target max b4 expected pullback
348
buying some more qid swing here... bought at 1839 .LOD why not... have the risk already from 1846 pos
347
selling all GE daytrade except last 10% daytrade piece ---its stuck.... 1865 sold
345
1684 is my min trgt GE
344
i will keep some GE swing.... dow still under 10754 and GE has higher targets.... but keeping small piece, just for fun.... risky... loss will be small if incurred
341
large ports have GE.... grr wish small port had some left but couldnt see risking it... small profit better than loss....
337
meh.... tried for the 2nd breakout... didnt happn for small port.... just got a scalp on small port... maybe $140 profit on last 2500
335
small port all shares in GE sold at profit...none left.... larger port has some saved for the close
331
stop 1657 on 2000
328
preparing to reaise stops in ge to take profits...
323
not sure...but i dont think this lil move up in GE is a headfake... charts suggest at least retest the HOD
322
ge doing perfect touch of R line here
320
ge 1555--1558 triangle boundries
318
some ports might take the $97 profit in GE sharesnow
315
looks like MM selling into GE but i'll try to ride it up.....
313
larger positions would take partial profits at .58 ge .... 2500 shrs stop still 1653,,1642
311
preparing to selll the GE daytrades////
302
2000 shrs ge stop .53 breakeven,,,, 500 shrs top 1641 ... cannot risk losses in smaller ports
259
small port...still long 2500 GE
238
GE bull flag 60min
234
watching for poss qid bull inv HS to form on the 13min chart...no where near there now...just speculation
211
GE is forming a bear diverg 60min chartm,,,,, but looks like more upside before the diverg kicks in
209
have 2500 ge at 1654 small port.... and 1000 qid 1846
202
ge 1562 chart pattern
157
buying 2000 ge 16.52 lim
154
in 1000 qid 1846
148
poss ge bull falling wedge 10min chart
130
stop 1653 on 2000 shrs ge for free ride up
122
small port loss $200-300 on qid...will chek later exact #
stop .54 on 2000.... .56 opn 2000... .40 on 500
stop .55 on 2k ge
109
preparing to change 2000 shares GE to stop .55...when it moves up mmore
101
stop orders set 2000 at 1647,,, 2000 at 1648,,, 500 at 1642,,,, will take profits in 2000 shrs increments prob hence those orders..easy to change
1259
among other indicators, i'm trying to trade the RSI ge bull dbl bottom support buy
1254
stop 4000 at 1648,,,, stop 500 at 1642
1253
2000 more GE 1651....stop 1648... small port...total 4500 GE at 16.52 avg.. not risking much $$$$
1241
filled on 2000 at 1653 ge for the cond order small port
1240
small port cond order: buy 2000 GE 1653 limit, stop 1650....low risk trade
1232
if the market makers are really mean... they will trap GE shorts trying to cover at 1650 and not let it under 1652....
1220
surprised to still be in qid... came within 3 cents of stop on a 2x etf....
1218
if ge doesnt hold .52 can always buy bak
1218
1650 ge stop on 500shrs
1216
1647 ge stop on 500shrs
1206
wow GE in this one cent range lol... 1659--1660
1159
ge still over .57
1152
DOW now 174 points from my max target of 10,754 since nov,,, then expect pullback.
1151
98% if ge over 1657
1150
crouching tiger GE buyllish...88% if ge over .50
1145
GE 76% bull crouching tiger intraday
1141
3min GE and QID moving in same direction... cmon sell tech, buy GE LOL (wishful hopeful thinking, not a trade strategy) ... :)
1140
charts suggest poss GE test atlll the way to 1645.... scalpers would close GE here,,, all-day daytrades would set stops at 1640
1119
changing stop on QID to 18.47 for all 1000 shares... it will be a loss if taken out... but dont want to stick around for 1839 test.... larger positions could keep the 1847 / 1818 split stops
1116
looks like ge will break HOD on first try...watching...1663 last, one cent away
1115
1673 next ge trgt on way to1683/87 trgt
1114
ge 1660 could work here with tite stop....should break HOD
1112
qid RSI over 43 is ok...for me....last 45
1112
among other things, the QID rsi trendline support is holding....well being tested right now...
60min chart
1111
stops at 1847 and 1817 now for qid
1108
stop 1640 on 500 GE at breakeven if stoppped out
1107
so i will keep posting as if 500 shrs left, in case they r still there LOL
1054
QID swing still looking ok... i see no reason to exit it
1053
larger GE positions still ahve shares, 1000 shrs small pos gone (flat)
1052
i think its gonna chop around a lil here... considering more GE but not yet
1049
GE profits about $140 for the 1000 shrs
1048
*correction... the GE WAS stopped out...misread order
1048
qid trgt 1872 test.....last 1866
1047
500 shrs still in at 1847 stop... that spike wick down didnt stop out anythnig
1044
my work suggests GE still has some unfinished biz on upside. 1654 last
1042
still have 500 shrs
1041
500 shrs stopped out for $80 profit
1037
qid testing R here now 1860ish
1036
once again,,, GE is ROCKIN :)
1105
so probably.... small positions still have 500 shrs left
1104
GE hit 16.45 which is 2 cents lower than the 16.47 stop,,,, but my order was not hit... but i recorded it as closed because it pierced lower... the wick spikes often do this, since they represent a block order filled.
1034
stop 1656 on 500 shrs
1033
nerfvous GE can take $200 profdit now on 1000shrs
1029
ge 1683 trgt
1028
stop .53 on 500 shrs,,,, stop .47 on 500.....lock in some profits in small pos.... take the $80
1026
ge stop .47 on 1000 shrs
1024
scalpers can take $140 ge profit here on 1000 shrs
1023
ge at 1653,,,,,close to 1656 trgt
1019
ge 1656 test expected...last 1645
1018
idea: qid stop 1817 on 500 shrs,,,, 1847 stp on 500
1017
1645 stall here again and chop is ok...
1015
ge 1634 mental stop...want it to hold there else may exit...
1011
bullish GE crouching tiger with ge over 1635.... 94% confid
1010
nervous GE can exit here at breakeven...i'm staying long
1005
1847 stop not 1857 stop on 500 qid...almost hit at 1857
1004
ge 1645 stall expected
1002
idea: 1000 shrs GE 16.40 stop 1610
940
YES.....hmmm qqqq managed 46.18 high... one cent above my target hi,,, thus far
929
watching the GLD 110.39, 109.27, 108.69 supports today
9:23AM
lots of opinions today... for qqqq, my work suggests that they might not get it above yesterdays close (46.17), if they gap down....
* 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".
Friday, January 8, 2010
Thursday, January 7, 2010
quick QID chart
I have several QID charts... here is a simplified one
* 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".
* 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".
Thurs ramblings (and Wednesday eve / Thurs morning pre-market ES )
400
summary: very good trades today. took a nasty loss on nvda but GE and other trades overpowered the loss for a net daily gain.
357
qid has stayed in its coil thus far.... thats good
343
if qid falls tomorrow... "should" find support 18.31ish
339
GE will prob gap down tomorrow or open flat and make a higher hi .... gap up with GE wouldnt be bullish i dont think...
338
so tomorrow---chance to go long qqqq or buy more qid....depends on direction of the break....bearish bias
327
13:11pm at current qid velocity and conditions.....tomorrow is est time of QID breakout from this coil...either up or down... but of course any gap open would change all that
323
charts allow for GE to do 1763,,,,over the 1749ish prior hi
321
qid pushing the 15min stoch down lower....good...fine... no downward prices to accompany it,,,,suggesting pop up /.... 14,3,3 stoch
318
and thinking GE will be one of those to lead the way up, if dow makes it
316
DOW now a meree 159 points from my 10,754 trgt max trgt b4 pullback 14%....target since nov
313
qid.... lower lows in price, higher lows in rsi...bullish too
313
qid 60min: lower price highs but higher rsi highs..... bullish
312
GE looks like it
wants 1671ish...unfinished upside
business... but i'm not holding it
overnite...not worth risk of Friday
reports...last 1632
309
QID is just bouncing around in the coil....all normal so far
303
spx could see 1134 close... semi shoot star-doji type candle thing if 1134
301
qid back up...nervous qid can exit at small profit here...fro sure i'm staying in
251
YES. SPX hit 1142... over the 1222pm target of 1141 (1222: crazy... spx 1141? maybe)
246
1653, 1672 GE trgt
231
glad to be out of faz for breakeven...down to 1657 now
228
small port: stop 1857 for 500 shrs,,,stop 1817 for 500 shrs... 1000 qid long at 18.80 avg cost
224
buying 500 qid 1879 limit
218
qid staying in coil, coil has bullish bias for qid (bear qqqq).... close to breakout of coil here... testing the R line
209
I want to see qid close today over 18.78 (preferably over 18.90)
208
stop 1817 for now
206
1881 qid filled 500 shrs for 25k port ...swing
201
lim changed to 1881 so can get fill on 1880 hit
200
25k port: 500 shrs qid lim 18.80
limit buy qid 18.80...for swing... but 1/2 swing positino not full size for now
155
qid in coil with 1880/1886 supp res at this time... waiting longer for qid entery
142
support levels with these 3x instruments are trickier than with 1x like qqqqq spy ....usually use the spy
or qqqq or xlf as triggers instead
142
faz 1680 holding but barely....close
140
25k ports should have a min $422 profit for today, even if stopped out of faz....
138
the better place for a stop is 1661 but i dont feel like risking more than breakeven for now....so stop on faz stays at 1677.....but 1661 is a reasonable stop too
137
if faz can hold the .80....a nice intraday bull asc triangle is here for a pop up....see if the support holds
129
faz over 1680 is bullish for a pop...under that...iffy
127
ok on faz, intraday,,,, i have drawn 2 dtl... this is bullish for faz,,,indicates some up...usually the 3rd line designaltes "end of trend".......intraday only for daytrade,,,,,,3min charts
124
intraday the 60min and daily spy allow for more up, BUT the 15mins will rule the outcome.......15min is neutral now,,,imho
112
small ports bettr stop is 1677 risk 2 cents
110
mall ports can sell
1000 faz here for $80 quik profit
scalp
110
1697ish faz trgt for now
109
small ports stop 1679 faz for breakeven..... or 1673... free ride trade
107
oops just noticed the rest of sso got stopped out for breakeven...took the other lil profits b4....
106
92% confid faz bull crouch tiger if faz ovwer .75
105
ah theres the faz .81.... see if it can hold over it....
104
wow that 1639 took out all my GE except the last 25%....will hold that at breakeven like always
103
among other indicators, i am trying to trade the faz 3min bull diverg for daytrade....
101
sds bull crouch tiger 88% confid... last 33.55
1256
1717 backtest is what i'm looking for... crazy faz was in a DOWN channel... then it broke the downchannel support line LOWER....
1253
faz needs 1681 for upside acceler
1252
25k port....... 1000 shrs FAZ 1877 stop 1860
1248
i want faz cuz its cheap.... but no setup for me yet...1671 last ... could get cheaper? idk... rather pay higher price if charts support long faz bett
1241
still looking for faz entry.... havent pulled triggr yet...i can't watch more than 5 active daytrades (5 stocks max)
1245
1660....1683 GE next targets... but running out of shares to selll.....
1239
GE hit 1646...2 cents from my 1648 target....then turned down...last
1638
1237
larger ports still in sso.... stop .93 on 25% of it
1236
cond order.... sell ge 1648 lim or stop 1638...whichever comes first
1235
loooking for faz entry... none found yet... but a nice bull diverg setting up in faz for swing
1227
wow ge at 1641.... 1648 target in site.... could go higher, will not sell all at 1648 but lim sell some up ther
1225
GE 1633 target hit,,,,lim order filled.... 1648 next
1223
charts say 1147ish spx possible.... eyeball trgt not calc exact... not suggesting we get there,,,,just that the pattern is there
1222
crazy... spx 1141? maybe
1222
larger ports selling some sso here at HOD :)
1220
3987 stop here small port...or can sell for $104 profit
1219
small port 3983 sso stop...larger pos sell some here
1216
GE targets still 1606, 1621, 1633, 1648... not likely to see over 1648 today but never know... the 1606 and 1621 targets already met
1214
i expected to be selling short today,,,, but trading long for now, is what i see ... still want short swing if setup comes
1213
GE on autopilot now.... stops set...limmit orders set... watching at this sso daytrade now
1211
sso mental stop .78
1210
1000 shares sso 2981 stop 3971
84% crouch tiger sso,,,, if .71 holds... poss inv bull HS
1206
smaller GE should have 50% left...stopped out 1614
1203
stop 16.14 on half...1000 shrs... smaller pos
1202
GE targets 1606, 1621, 1633, 1648
1201
GE is ROCKING......4% profit so far in 3 hours :)
1200
small ports.... stop 1597 on 1000 shrs, 1583 on 1000
1159
ge 1621 next
1158
:) 1603 ge limit filled... 1606 next for larger positinos
1156
25k port green rite now at $228 daily profit if sell al GE... but i am holding for ghigher ge
1152
GE targets 1606, 1621, 1633, 1648
1147
larger GE could do lim sell 1602,,, 1605 limit sell GE.... would keep at least half
1146
ge 1595 trgt hit.... holding for higher
1143
ge 1582 stop on half
1135
1583 stop on ge...just keep moving it up.... on half
1132
1595....1602 next GE trgts
1131
ge stop 15.79on half
1130
GE is rockin........: :)
1129
if stopped at .76,,, 25k port should be green for day
1128
25k port--- stop .76 here on 1000 shrs
1127
larger positions... stop at ge .77 here
1126
nvda 25k port loss was $212 today ... qid profit $83
1125
(25k with margin)
1124
25k port.... 2000 shrs GE.... at 15.56 cost.... stop 15.67 on 1000 shrs,,,, 15.63 on 1000 shrs
1123
watching also for poss inv complex HS qqqq....bullish... letting it chop awhile
1122
stop 1167 on most ge
1121
qid moving up but still not good enough setup for me to reenter it
1119
ge 1573 now... 1579 target next.... then higher...charts allow for higher but prob stall at 1579 if gets there
1115
raising GE stop to 1567 breakeven...free ride... setting stop on a small piece here at 1569 to take some profits and get back loss from nvda.... 1571 last
1112
YES. ge momen picking up...trying breakout...but ge 1569 should get some more up momentum... last 1565, new HOD
1111
GE showed some good resiliency today... didn't fall at all during decline but rather went higher or held.... it's doing today what i expected yesterd
1105
GE continues to behave...trying to breakout here....
QID -- i have not re-entered yet. my work suggests some chop and a possible trip back to 1861 or lower
1049
nvda stop 1847 raised....in case of crazy move down.... still holding for higher
1047
qid now below entry....least took small profit in it
1044
out of qid per stop... toook small profit will look to re-enter
1037
qid stop 1873 to lock at least small profit
1036
preparing to take some profits in qid and re-enter,,,,
1033
my NVDA long daytrade mess is crawling back higher...looking for exit point.... will prob take loss here,,, just waiting for the exit signal setyp
1032
GE target is 15.79.....
1029
GE looks ready to breakout above high.,,,,not risking much
1028
in GE long 15.56, stop 15.45
1027
long GE lim 1555 if filled...daytrade
1021
QID trgt 1904..may hold longer or take profits theere for re-entry,,,unsure
1004
stop 1833 on nvda...mess...grr
1001
grr nvda not good...down...1837 stop
1000
nvda stop 1837
951
new QID swing from yest up 0.48% now, not a bad start
950
nvda....looking to hold support at 1862.... its trendline support and gap supp
943
in nvda llongg 1877
940
will try long nvda 1877 lim buy if filled .. daytrade not swing overnite
928
spx targets if down... 1134, 1131, 1114, 1097, 1093 ... 1130 would likely give a bounce up to a lower hi before further declines
843
ES 1130 is holding as R thus far... breakout support converted to Resistance
815
will be interesting
to see if any reaction after 830 report
in 15min
7:54
ES futures are down some, 4 point down. They broke below 1130 to a low of 1127. Have been in a downtrend for the entire overnight session.
Under 1130 would be bearish since 1130 is both a prior breakout point.
* 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".
summary: very good trades today. took a nasty loss on nvda but GE and other trades overpowered the loss for a net daily gain.
357
qid has stayed in its coil thus far.... thats good
343
if qid falls tomorrow... "should" find support 18.31ish
339
GE will prob gap down tomorrow or open flat and make a higher hi .... gap up with GE wouldnt be bullish i dont think...
338
so tomorrow---chance to go long qqqq or buy more qid....depends on direction of the break....bearish bias
327
13:11pm at current qid velocity and conditions.....tomorrow is est time of QID breakout from this coil...either up or down... but of course any gap open would change all that
323
charts allow for GE to do 1763,,,,over the 1749ish prior hi
321
qid pushing the 15min stoch down lower....good...fine... no downward prices to accompany it,,,,suggesting pop up /.... 14,3,3 stoch
318
and thinking GE will be one of those to lead the way up, if dow makes it
316
DOW now a meree 159 points from my 10,754 trgt max trgt b4 pullback 14%....target since nov
313
qid.... lower lows in price, higher lows in rsi...bullish too
313
qid 60min: lower price highs but higher rsi highs..... bullish
312
GE looks like it
wants 1671ish...unfinished upside
business... but i'm not holding it
overnite...not worth risk of Friday
reports...last 1632
309
QID is just bouncing around in the coil....all normal so far
303
spx could see 1134 close... semi shoot star-doji type candle thing if 1134
301
qid back up...nervous qid can exit at small profit here...fro sure i'm staying in
251
YES. SPX hit 1142... over the 1222pm target of 1141 (1222: crazy... spx 1141? maybe)
246
1653, 1672 GE trgt
231
glad to be out of faz for breakeven...down to 1657 now
228
small port: stop 1857 for 500 shrs,,,stop 1817 for 500 shrs... 1000 qid long at 18.80 avg cost
224
buying 500 qid 1879 limit
218
qid staying in coil, coil has bullish bias for qid (bear qqqq).... close to breakout of coil here... testing the R line
209
I want to see qid close today over 18.78 (preferably over 18.90)
208
stop 1817 for now
206
1881 qid filled 500 shrs for 25k port ...swing
201
lim changed to 1881 so can get fill on 1880 hit
200
25k port: 500 shrs qid lim 18.80
limit buy qid 18.80...for swing... but 1/2 swing positino not full size for now
155
qid in coil with 1880/1886 supp res at this time... waiting longer for qid entery
142
support levels with these 3x instruments are trickier than with 1x like qqqqq spy ....usually use the spy
or qqqq or xlf as triggers instead
142
faz 1680 holding but barely....close
140
25k ports should have a min $422 profit for today, even if stopped out of faz....
138
the better place for a stop is 1661 but i dont feel like risking more than breakeven for now....so stop on faz stays at 1677.....but 1661 is a reasonable stop too
137
if faz can hold the .80....a nice intraday bull asc triangle is here for a pop up....see if the support holds
129
faz over 1680 is bullish for a pop...under that...iffy
127
ok on faz, intraday,,,, i have drawn 2 dtl... this is bullish for faz,,,indicates some up...usually the 3rd line designaltes "end of trend".......intraday only for daytrade,,,,,,3min charts
124
intraday the 60min and daily spy allow for more up, BUT the 15mins will rule the outcome.......15min is neutral now,,,imho
112
small ports bettr stop is 1677 risk 2 cents
110
mall ports can sell
1000 faz here for $80 quik profit
scalp
110
1697ish faz trgt for now
109
small ports stop 1679 faz for breakeven..... or 1673... free ride trade
107
oops just noticed the rest of sso got stopped out for breakeven...took the other lil profits b4....
106
92% confid faz bull crouch tiger if faz ovwer .75
105
ah theres the faz .81.... see if it can hold over it....
104
wow that 1639 took out all my GE except the last 25%....will hold that at breakeven like always
103
among other indicators, i am trying to trade the faz 3min bull diverg for daytrade....
101
sds bull crouch tiger 88% confid... last 33.55
1256
1717 backtest is what i'm looking for... crazy faz was in a DOWN channel... then it broke the downchannel support line LOWER....
1253
faz needs 1681 for upside acceler
1252
25k port....... 1000 shrs FAZ 1877 stop 1860
1248
i want faz cuz its cheap.... but no setup for me yet...1671 last ... could get cheaper? idk... rather pay higher price if charts support long faz bett
1241
still looking for faz entry.... havent pulled triggr yet...i can't watch more than 5 active daytrades (5 stocks max)
1245
1660....1683 GE next targets... but running out of shares to selll.....
1239
GE hit 1646...2 cents from my 1648 target....then turned down...last
1638
1237
larger ports still in sso.... stop .93 on 25% of it
1236
cond order.... sell ge 1648 lim or stop 1638...whichever comes first
1235
loooking for faz entry... none found yet... but a nice bull diverg setting up in faz for swing
1227
wow ge at 1641.... 1648 target in site.... could go higher, will not sell all at 1648 but lim sell some up ther
1225
GE 1633 target hit,,,,lim order filled.... 1648 next
1223
charts say 1147ish spx possible.... eyeball trgt not calc exact... not suggesting we get there,,,,just that the pattern is there
1222
crazy... spx 1141? maybe
1222
larger ports selling some sso here at HOD :)
1220
3987 stop here small port...or can sell for $104 profit
1219
small port 3983 sso stop...larger pos sell some here
1216
GE targets still 1606, 1621, 1633, 1648... not likely to see over 1648 today but never know... the 1606 and 1621 targets already met
1214
i expected to be selling short today,,,, but trading long for now, is what i see ... still want short swing if setup comes
1213
GE on autopilot now.... stops set...limmit orders set... watching at this sso daytrade now
1211
sso mental stop .78
1210
1000 shares sso 2981 stop 3971
84% crouch tiger sso,,,, if .71 holds... poss inv bull HS
1206
smaller GE should have 50% left...stopped out 1614
1203
stop 16.14 on half...1000 shrs... smaller pos
1202
GE targets 1606, 1621, 1633, 1648
1201
GE is ROCKING......4% profit so far in 3 hours :)
1200
small ports.... stop 1597 on 1000 shrs, 1583 on 1000
1159
ge 1621 next
1158
:) 1603 ge limit filled... 1606 next for larger positinos
1156
25k port green rite now at $228 daily profit if sell al GE... but i am holding for ghigher ge
1152
GE targets 1606, 1621, 1633, 1648
1147
larger GE could do lim sell 1602,,, 1605 limit sell GE.... would keep at least half
1146
ge 1595 trgt hit.... holding for higher
1143
ge 1582 stop on half
1135
1583 stop on ge...just keep moving it up.... on half
1132
1595....1602 next GE trgts
1131
ge stop 15.79on half
1130
GE is rockin........: :)
1129
if stopped at .76,,, 25k port should be green for day
1128
25k port--- stop .76 here on 1000 shrs
1127
larger positions... stop at ge .77 here
1126
nvda 25k port loss was $212 today ... qid profit $83
1125
(25k with margin)
1124
25k port.... 2000 shrs GE.... at 15.56 cost.... stop 15.67 on 1000 shrs,,,, 15.63 on 1000 shrs
1123
watching also for poss inv complex HS qqqq....bullish... letting it chop awhile
1122
stop 1167 on most ge
1121
qid moving up but still not good enough setup for me to reenter it
1119
ge 1573 now... 1579 target next.... then higher...charts allow for higher but prob stall at 1579 if gets there
1115
raising GE stop to 1567 breakeven...free ride... setting stop on a small piece here at 1569 to take some profits and get back loss from nvda.... 1571 last
1112
YES. ge momen picking up...trying breakout...but ge 1569 should get some more up momentum... last 1565, new HOD
1111
GE showed some good resiliency today... didn't fall at all during decline but rather went higher or held.... it's doing today what i expected yesterd
1105
GE continues to behave...trying to breakout here....
QID -- i have not re-entered yet. my work suggests some chop and a possible trip back to 1861 or lower
1049
nvda stop 1847 raised....in case of crazy move down.... still holding for higher
1047
qid now below entry....least took small profit in it
1044
out of qid per stop... toook small profit will look to re-enter
1037
qid stop 1873 to lock at least small profit
1036
preparing to take some profits in qid and re-enter,,,,
1033
my NVDA long daytrade mess is crawling back higher...looking for exit point.... will prob take loss here,,, just waiting for the exit signal setyp
1032
GE target is 15.79.....
1029
GE looks ready to breakout above high.,,,,not risking much
1028
in GE long 15.56, stop 15.45
1027
long GE lim 1555 if filled...daytrade
1021
QID trgt 1904..may hold longer or take profits theere for re-entry,,,unsure
1004
stop 1833 on nvda...mess...grr
1001
grr nvda not good...down...1837 stop
1000
nvda stop 1837
951
new QID swing from yest up 0.48% now, not a bad start
950
nvda....looking to hold support at 1862.... its trendline support and gap supp
943
in nvda llongg 1877
940
will try long nvda 1877 lim buy if filled .. daytrade not swing overnite
928
spx targets if down... 1134, 1131, 1114, 1097, 1093 ... 1130 would likely give a bounce up to a lower hi before further declines
843
ES 1130 is holding as R thus far... breakout support converted to Resistance
815
will be interesting
to see if any reaction after 830 report
in 15min
7:54
ES futures are down some, 4 point down. They broke below 1130 to a low of 1127. Have been in a downtrend for the entire overnight session.
Under 1130 would be bearish since 1130 is both a prior breakout point.
* 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".
Wednesday, January 6, 2010
Wedn ramblings (and Tues eve ES futures)
7:19 PM
SUMMARY:
Green day. took a loss on the PG, all other trades were green. Most expectations were met thru the day. See yellow highlights below for details.
403
qqqq closed at 46.14, below the yest low of 46.16 as hoped for,,, tho under 46.08 was preferable .. bearish close, among other bear indicators
353
i have swing short signal in the qqqq with 96% confidence
341
a qqqq close today under 46.14 would strengthen the case for short qqqq ... last 46.24
333
sold GE at breakeven not profit
321
i will sell GE today for a small profit... still think trade has merit, but I do not want to keep it this Thurs n Friday. So goodbye GE... will sell b4 close today.... can always buy back
327
i CANCELLED my SDS buy order limit.... using the QID instead for now
320
buying QID.... for swing and daytrade both.... i like QID more than sds... in qid 18.63
305
most qld stopped out...small 25% left for the close
301
qqqq broke the UTL support to downside and are now backtesting it...60min
257
GE stop raised to 15.47 .....
251
charts suggest qld should pop up again but idk if my stop at .71 will survive....
245
missed my sds limit to buy fill by 8 cents so far...unfilled
238
60.91 stop qld on most
234
taking some qld off here for 1% profit in 30min
233
stop .73
232
stop .63 for a piece of qld to lock some profits
229
qld stall .77 if it gets there
225
still in qld....stop survived by 3 cents
213
qld stop raised to 6037 for breakevenish
211
QLD has a minor bulll diverg so i'm trading that.... trade premise still valid
152
going in QLD for scalp at 6037 here
149
2 cents from stop...will prob be stopped out for profit.............1876 or 1864 nvda might want
147
nvda survivede another hit to 1880 and held...so far....stops remain at 1878 on all except last 25%
133
small positions can sell 2000 shrs nvda here for $320 daytrade profit... i would take that or at least half
132
this GE is tricky... the 60min could be forming a bear desc triangle...but i remain long
128
1878 stop for a piece of nvda... if 1880 doesnt survie the next hit i want profits
125
if GE gets to 1860 i would expect stall....needs to break 1864 and sustain to get any real upside
119
what would be nice.... NVDA makes a new high and forms a bear diverg on the 60min....will take profits there... the bear diverg is not formed....looking
113
NVDA has poss bull asc triangle forming with poss break higher on thurs....but not sure i will hold any nvda as swing.... will eval
1259
nvda continues to crawl higher
1257
dow about 180 points from my upside trgt max b4 drop. 10,754 been target since Oct. with 14% pullback to start.
1255
GE continues to burn off overbought with little price movement down... on the 15 n 60m
1253
nvda at prior Boll band of 1888 njow...
1252
grr....PG back to breakeven....but i took the small loss b4.... cuz i couldnt risk a break of LOD....
1244
GE 3min has poss dbl top....would break down to 15.40ish... but i remain long... nervous could exit here at small profit in GE
1242
i will keep 25% of nvda with lower stop, below the 18.74 stop on the rest of it
1242
nvda "should" go for 1896....last 1881... but anything can happn here.... it is hovering at HOD
1238
nervous NVDA would take profits here at the High of day
1233
BELOW BELOW the mkt...buy SDS 33.42 if filled... not sure i will get a fill... prob not... but there in case of a nice spike
1227
GE over 1549 would be good...under that I start to eval poss exit from it
1223
GE 1547 is impt support #...stop at 1538 for now
1218
the nvda stop is tite to assure profits....can always buy back these daytrade thingies
1217
just waiting for short for rite opp... if we get a shoot star today in spx i will short into that....
1210
GE daily chart-- bull pennant
1206
see if 1877 R is converted to support since it broke over it...thus far holding as support now
1205
NVDA bull flag 10min
1155
GE in bull pennant 60min
1152
*1874 not 1877
1151
stops raised to 1877 on 50% of NVDA...last 1881
1149
small NVDA positions could sell now for $220 profit (2000 shrs)
1141
NVDA hit the 1877 target...holding for higher
1140
GE testing resistance now at .57....see if holds down or breaks higher...charts suggest break higher
1136
raising PG stop to 60.62 .... trade premise is breaking....
1133
GE NVDA both up,,,, PG down (messy)
1121
PG close to breaking above its inv HS bullish
1119
NVDA hit .71.... .77 trgt next
1115
PG inv HS 3min forming
1113
nervous PG could exit now at breakeven....i will stay long
1058
NVDA rite at 3min R here... if breaks it then should get nice lil pop...1870 last
1056
long NVDA also now 18.66
1044
long PG 60.80 stop 60.40
1037
out of sso...small profit
1035
if .67 breaks will prob see .63 or lower
1032
since the 39.84 peak, sso has formed mini 3min down channel.... watching to see what happens.... 15 and 60min charts still say more up poss so staying in the sso at breakeven stop ... conflicting signals
1027
sso pierced above its wedge on tues and today with wicks..... may need to redraw the R line higher... leaving lower for now, excluding the wicks... but poss CHANNEL could form, wrecking the bear wedge... tho i do not see that happening based on other indicators, but poss
1023
as mentioned many times... these bear wedges have a nasty habit of breaking to upside before the bear down manisfestation is realized
1022
spx 60min rsi pushing up against resist...testing it... watching to see if it breaks higher (among other signals). still pushing on the wedge R line in spx
1018
spx trying to push out the upper boll band from flat to up...15min... has not done thus far
1017
taking some scalp profits here at .80....holding most of sso for higher. in this whipsaw need to take some scalp profits
1014
stop 39.67
1012
sso stop raised to 39.71 from 39.00..... free ride, no risk trade, stop over cost
1009
spx is pushing on the wedge R line now... see if holds down or breaks higher
1005
yes. there is the new spx daily high i called for a few minutes ago.
1004
spx has an 88% confidence bull crouch tiger... suggest chop with upward bias
1001
charts suggest SPY will make a higher intraday hi today
1000
it is very very choppy out here now... wide stops required... my work suggests SPX has a move down coming, but that chop with upside bias will come first. hence my long daytrade in spx via sso
956
filled on sso .67.... cancelled .60 order for now
954
sso 39.67 buy limit if filled... posiotino one of 4 possible...chop today requires scaling in daytrades
953
sso 39.60 buy limit if filled
944
GE stop raised to 15.38, a lil below cost
942
see if SRS holds 7.38.... hit 7.42 n bounced up
939
GE targets 1570, 1591 for now...maybe higher later.... last 15.60
932
IF GE can hold 15.55 that would be bullish,,, can go lower but 1555 would be great
930
right now, GE opened according to the trade premise... still swing long GE
9:20
srs is interesting... depending on whether you include wicks or not in the DTL, srs either successfully backtested and held, or has some more work either down or consolodating. Looks like at least some consolod is coming, so I'm waiting on the sideline for re-entry to srs
9:18
vxx is what i am looking at today again... had some, took profits few days back... yes want to re-enter.... also looking at SRS at this minute... not sure if srs ready yet for swing, close, evaluating now
8:22
Bulls will want to hold ES 1125 support. Micro-support (coil support trendline) is at 1127.50 now, coil R is at 1130. A break of either could cause a breakout in the direction of the break, although it is still pre-market and this small coil likely will not have any dramatic effects
8:20
ES is now in a small coil pre-market.... updates to follow in a few minutes
* 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".
SUMMARY:
Green day. took a loss on the PG, all other trades were green. Most expectations were met thru the day. See yellow highlights below for details.
403
qqqq closed at 46.14, below the yest low of 46.16 as hoped for,,, tho under 46.08 was preferable .. bearish close, among other bear indicators
353
i have swing short signal in the qqqq with 96% confidence
341
a qqqq close today under 46.14 would strengthen the case for short qqqq ... last 46.24
333
sold GE at breakeven not profit
321
i will sell GE today for a small profit... still think trade has merit, but I do not want to keep it this Thurs n Friday. So goodbye GE... will sell b4 close today.... can always buy back
327
i CANCELLED my SDS buy order limit.... using the QID instead for now
320
buying QID.... for swing and daytrade both.... i like QID more than sds... in qid 18.63
305
most qld stopped out...small 25% left for the close
301
qqqq broke the UTL support to downside and are now backtesting it...60min
257
GE stop raised to 15.47 .....
251
charts suggest qld should pop up again but idk if my stop at .71 will survive....
245
missed my sds limit to buy fill by 8 cents so far...unfilled
238
60.91 stop qld on most
234
taking some qld off here for 1% profit in 30min
233
stop .73
232
stop .63 for a piece of qld to lock some profits
229
qld stall .77 if it gets there
225
still in qld....stop survived by 3 cents
213
qld stop raised to 6037 for breakevenish
211
QLD has a minor bulll diverg so i'm trading that.... trade premise still valid
152
going in QLD for scalp at 6037 here
149
2 cents from stop...will prob be stopped out for profit.............1876 or 1864 nvda might want
147
nvda survivede another hit to 1880 and held...so far....stops remain at 1878 on all except last 25%
133
small positions can sell 2000 shrs nvda here for $320 daytrade profit... i would take that or at least half
132
this GE is tricky... the 60min could be forming a bear desc triangle...but i remain long
128
1878 stop for a piece of nvda... if 1880 doesnt survie the next hit i want profits
125
if GE gets to 1860 i would expect stall....needs to break 1864 and sustain to get any real upside
119
what would be nice.... NVDA makes a new high and forms a bear diverg on the 60min....will take profits there... the bear diverg is not formed....looking
113
NVDA has poss bull asc triangle forming with poss break higher on thurs....but not sure i will hold any nvda as swing.... will eval
1259
nvda continues to crawl higher
1257
dow about 180 points from my upside trgt max b4 drop. 10,754 been target since Oct. with 14% pullback to start.
1255
GE continues to burn off overbought with little price movement down... on the 15 n 60m
1253
nvda at prior Boll band of 1888 njow...
1252
grr....PG back to breakeven....but i took the small loss b4.... cuz i couldnt risk a break of LOD....
1244
GE 3min has poss dbl top....would break down to 15.40ish... but i remain long... nervous could exit here at small profit in GE
1242
i will keep 25% of nvda with lower stop, below the 18.74 stop on the rest of it
1242
nvda "should" go for 1896....last 1881... but anything can happn here.... it is hovering at HOD
1238
nervous NVDA would take profits here at the High of day
1233
BELOW BELOW the mkt...buy SDS 33.42 if filled... not sure i will get a fill... prob not... but there in case of a nice spike
1227
GE over 1549 would be good...under that I start to eval poss exit from it
1223
GE 1547 is impt support #...stop at 1538 for now
1218
the nvda stop is tite to assure profits....can always buy back these daytrade thingies
1217
just waiting for short for rite opp... if we get a shoot star today in spx i will short into that....
1210
GE daily chart-- bull pennant
1206
see if 1877 R is converted to support since it broke over it...thus far holding as support now
1205
NVDA bull flag 10min
1155
GE in bull pennant 60min
1152
*1874 not 1877
1151
stops raised to 1877 on 50% of NVDA...last 1881
1149
small NVDA positions could sell now for $220 profit (2000 shrs)
1141
NVDA hit the 1877 target...holding for higher
1140
GE testing resistance now at .57....see if holds down or breaks higher...charts suggest break higher
1136
raising PG stop to 60.62 .... trade premise is breaking....
1133
GE NVDA both up,,,, PG down (messy)
1121
PG close to breaking above its inv HS bullish
1119
NVDA hit .71.... .77 trgt next
1115
PG inv HS 3min forming
1113
nervous PG could exit now at breakeven....i will stay long
1058
NVDA rite at 3min R here... if breaks it then should get nice lil pop...1870 last
1056
long NVDA also now 18.66
1044
long PG 60.80 stop 60.40
1037
out of sso...small profit
1035
if .67 breaks will prob see .63 or lower
1032
since the 39.84 peak, sso has formed mini 3min down channel.... watching to see what happens.... 15 and 60min charts still say more up poss so staying in the sso at breakeven stop ... conflicting signals
1027
sso pierced above its wedge on tues and today with wicks..... may need to redraw the R line higher... leaving lower for now, excluding the wicks... but poss CHANNEL could form, wrecking the bear wedge... tho i do not see that happening based on other indicators, but poss
1023
as mentioned many times... these bear wedges have a nasty habit of breaking to upside before the bear down manisfestation is realized
1022
spx 60min rsi pushing up against resist...testing it... watching to see if it breaks higher (among other signals). still pushing on the wedge R line in spx
1018
spx trying to push out the upper boll band from flat to up...15min... has not done thus far
1017
taking some scalp profits here at .80....holding most of sso for higher. in this whipsaw need to take some scalp profits
1014
stop 39.67
1012
sso stop raised to 39.71 from 39.00..... free ride, no risk trade, stop over cost
1009
spx is pushing on the wedge R line now... see if holds down or breaks higher
1005
yes. there is the new spx daily high i called for a few minutes ago.
1004
spx has an 88% confidence bull crouch tiger... suggest chop with upward bias
1001
charts suggest SPY will make a higher intraday hi today
1000
it is very very choppy out here now... wide stops required... my work suggests SPX has a move down coming, but that chop with upside bias will come first. hence my long daytrade in spx via sso
956
filled on sso .67.... cancelled .60 order for now
954
sso 39.67 buy limit if filled... posiotino one of 4 possible...chop today requires scaling in daytrades
953
sso 39.60 buy limit if filled
944
GE stop raised to 15.38, a lil below cost
942
see if SRS holds 7.38.... hit 7.42 n bounced up
939
GE targets 1570, 1591 for now...maybe higher later.... last 15.60
932
IF GE can hold 15.55 that would be bullish,,, can go lower but 1555 would be great
930
right now, GE opened according to the trade premise... still swing long GE
9:20
srs is interesting... depending on whether you include wicks or not in the DTL, srs either successfully backtested and held, or has some more work either down or consolodating. Looks like at least some consolod is coming, so I'm waiting on the sideline for re-entry to srs
9:18
vxx is what i am looking at today again... had some, took profits few days back... yes want to re-enter.... also looking at SRS at this minute... not sure if srs ready yet for swing, close, evaluating now
8:22
Bulls will want to hold ES 1125 support. Micro-support (coil support trendline) is at 1127.50 now, coil R is at 1130. A break of either could cause a breakout in the direction of the break, although it is still pre-market and this small coil likely will not have any dramatic effects
8:20
ES is now in a small coil pre-market.... updates to follow in a few minutes
* 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".
Tuesday, January 5, 2010
Tuesday's ramblings
358
sold most sso at 39.70 near high of day 3975
344
charts suggest it will break higher
343
spx just tested HOD... as we expected....
341
sso 3970 target hit... :)
340
spx could hit 1138 today
339
i like spx short but not yet.... looks like more up poss in spx... last 1136
334
sso close to 3970 target...already hit the .62 trgt
333
if GE hits 1557 today it should get another nice lil pop up
332
re: GE... its a stock not etf... i always hold fewer shares in stocks than etfs for swings, due to gap up/down risk higher in stocks
330
spx is moving up as expected... still think test HOD or higher... not nec today
328
sso stop .53 for all except 25% of shrs
325
NOW the sso .62 target was hit... still holding for daytrade for higher
323
TRADE SWING: LONG GE at 15.47
i am going LONG GE swing....low risk trade.... GE looks like it want higher
313
still more room up in the 60min spy bear wedge
312
to me charts suggest at least retest of high, or maybe new high, tho not neces today
307
oops...target was .62 not .61...sorry
307
sso .61 target hit
258
spx broke over the 3min DTL resist line and is backtesting it now
249
stop 3946 on 75% of sso
247
sso targets 3962, 3970 to start
246
positioned with small risk in sso in case the pump comes... crouch tiger still in play
238
sso is doing perfect touch now of its 3min DTL... see if breaks higher....
235
small 3min bull diverg in spx
232
84% bull crouch tiger in spx ....
221
buying some sso here for bounce at 39.33
202
spx forming bull fall wedge 10min chrt
135
charts suggest it will try for 1130
134
spx is back at 1132 which was pretty good support yest... see if it breaks down...
126
stop .91 on 50% sds
123
stop .83 now
122
sds moving...3404 trgt with stall expected
122
looking for sds to hold 33.84
121
sds bull diverg 10min chart
117
sds 33.90 long stop .80 for now small risk
110
well that was fast...stop out of PG...small loss grr
103
bull inv HS in PG 15min
101
buying some more PG here 6116. stop 60.97
1247
out of sso minor profit
1243
Market MakersM have been selling quietly today...suggests upside is limited unless they switch gears.... i remain long the sso until stopped, and in PG
1234
surprisingly i am still in sso...one penny away from stopout...
1228
2 cents from stop on sso...... will not change it
1223
if spx stays over 1134...charts suggest another pop up in spx, tho perhaps not a new day high, before any decline. sideways.
1222
sso 3953 stop...keeping a tite leash on this here daytrade
1216
mental stop sso 3952..hard stop at .47 still
1212
sso spx are marginally breaking over the 10min DTL here...testing it with minor break higher... watching to see if R holds or breaks higher with sustain....
1208
3970 first sso trgt...last 3960
1203
sso stop rasied to .47 for low risk trade, a free ride above cost. if that breaks lower, will re-eval long vs short daytrades
1157
PG near 6131 trgt...last 6127
1152
the spx has an intraday positive divergence (not to be confused with bullish divergence)
1149
stop 3936 for now
1148
hmm... trying some sso here 39.50 tite stop...
65% bull crouch tiger spx suggests some chop maybe up b4 down,,,playing the sso
1142
took some profits in PG at 61.22 here...
1141
very tite stop but will protect profits....
1140
spxu 3452 stop on 50%
1136
stop set in spxu at
3448 just above breakeven for 50% of shares
stop set in spxu at 3448 just above breakeven for 50% of shares
1130
mental stop in spxu 3440
1126
if 1133 breaks next trgt 1130... or spxu 34.93ish
1125
spx rite at support here...testing supp
1124
taking profits in all fo PG long except 25% of shares which r set at breakeven.
1122
stall here expected...is ok...for me
1121
3451 spxu stall expected....
1116
50% of PG gone --profits taken... look for re-enter for more maybe
1113
PG is advancing tho SPX is "flat" last several bars
1112
.17 target hit in pg
1111
wow pg hit .12... one cnet from .11 stop... not stopped out... last 6119
1109
grr... PG is one cent from the .17 target... then 6122, 6131... which is why i raised stop. manual trailing stop to ride as high as poss
1106
PG 6111 stop raised
1105
PG61 hit 6117 target :) ... 6122, 6131 next
1102
PG did a perfect touch of the coil backtest line...see if it holds it down or breaks higher.. last 6110
1059
will prob sell at least 20% 6130
1053
stop raised 6101
1050
PG 6104 target hit...6111 next,,,,6122 6131
1048
raised stp 6094 on 50%
1041
stop on 50% of PG shares set at 6092 to guarantee a profit...can always re-enter
1039
PG stop raised to 6082. just under breakeven
1037
i am long PG...playing its backte4st to the broken coil
1029
PG trgt 6104, 6111, 6122, 6131... hit 6100 so far,
1028
out of GILD for small profit for now... focusing on the PG long (converted from short)
1020
long PG 60.80 (closed short...will reenter)
1003
i went long GILD 43.10 stop 42.97 for now
* 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".
sold most sso at 39.70 near high of day 3975
344
charts suggest it will break higher
343
spx just tested HOD... as we expected....
341
sso 3970 target hit... :)
340
spx could hit 1138 today
339
i like spx short but not yet.... looks like more up poss in spx... last 1136
334
sso close to 3970 target...already hit the .62 trgt
333
if GE hits 1557 today it should get another nice lil pop up
332
re: GE... its a stock not etf... i always hold fewer shares in stocks than etfs for swings, due to gap up/down risk higher in stocks
330
spx is moving up as expected... still think test HOD or higher... not nec today
328
sso stop .53 for all except 25% of shrs
325
NOW the sso .62 target was hit... still holding for daytrade for higher
323
TRADE SWING: LONG GE at 15.47
i am going LONG GE swing....low risk trade.... GE looks like it want higher
313
still more room up in the 60min spy bear wedge
312
to me charts suggest at least retest of high, or maybe new high, tho not neces today
307
oops...target was .62 not .61...sorry
307
sso .61 target hit
258
spx broke over the 3min DTL resist line and is backtesting it now
249
stop 3946 on 75% of sso
247
sso targets 3962, 3970 to start
246
positioned with small risk in sso in case the pump comes... crouch tiger still in play
238
sso is doing perfect touch now of its 3min DTL... see if breaks higher....
235
small 3min bull diverg in spx
232
84% bull crouch tiger in spx ....
221
buying some sso here for bounce at 39.33
202
spx forming bull fall wedge 10min chrt
135
charts suggest it will try for 1130
134
spx is back at 1132 which was pretty good support yest... see if it breaks down...
126
stop .91 on 50% sds
123
stop .83 now
122
sds moving...3404 trgt with stall expected
122
looking for sds to hold 33.84
121
sds bull diverg 10min chart
117
sds 33.90 long stop .80 for now small risk
110
well that was fast...stop out of PG...small loss grr
103
bull inv HS in PG 15min
101
buying some more PG here 6116. stop 60.97
1247
out of sso minor profit
1243
Market MakersM have been selling quietly today...suggests upside is limited unless they switch gears.... i remain long the sso until stopped, and in PG
1234
surprisingly i am still in sso...one penny away from stopout...
1228
2 cents from stop on sso...... will not change it
1223
if spx stays over 1134...charts suggest another pop up in spx, tho perhaps not a new day high, before any decline. sideways.
1222
sso 3953 stop...keeping a tite leash on this here daytrade
1216
mental stop sso 3952..hard stop at .47 still
1212
sso spx are marginally breaking over the 10min DTL here...testing it with minor break higher... watching to see if R holds or breaks higher with sustain....
1208
3970 first sso trgt...last 3960
1203
sso stop rasied to .47 for low risk trade, a free ride above cost. if that breaks lower, will re-eval long vs short daytrades
1157
PG near 6131 trgt...last 6127
1152
the spx has an intraday positive divergence (not to be confused with bullish divergence)
1149
stop 3936 for now
1148
hmm... trying some sso here 39.50 tite stop...
65% bull crouch tiger spx suggests some chop maybe up b4 down,,,playing the sso
1142
took some profits in PG at 61.22 here...
1141
very tite stop but will protect profits....
1140
spxu 3452 stop on 50%
1136
stop set in spxu at
3448 just above breakeven for 50% of shares
stop set in spxu at 3448 just above breakeven for 50% of shares
1130
mental stop in spxu 3440
1126
if 1133 breaks next trgt 1130... or spxu 34.93ish
1125
spx rite at support here...testing supp
1124
taking profits in all fo PG long except 25% of shares which r set at breakeven.
1122
stall here expected...is ok...for me
1121
3451 spxu stall expected....
1116
50% of PG gone --profits taken... look for re-enter for more maybe
1113
PG is advancing tho SPX is "flat" last several bars
1112
.17 target hit in pg
1111
wow pg hit .12... one cnet from .11 stop... not stopped out... last 6119
1109
grr... PG is one cent from the .17 target... then 6122, 6131... which is why i raised stop. manual trailing stop to ride as high as poss
1106
PG 6111 stop raised
1105
PG61 hit 6117 target :) ... 6122, 6131 next
1102
PG did a perfect touch of the coil backtest line...see if it holds it down or breaks higher.. last 6110
1059
will prob sell at least 20% 6130
1053
stop raised 6101
1050
PG 6104 target hit...6111 next,,,,6122 6131
1048
raised stp 6094 on 50%
1041
stop on 50% of PG shares set at 6092 to guarantee a profit...can always re-enter
1039
PG stop raised to 6082. just under breakeven
1037
i am long PG...playing its backte4st to the broken coil
1029
PG trgt 6104, 6111, 6122, 6131... hit 6100 so far,
1028
out of GILD for small profit for now... focusing on the PG long (converted from short)
1020
long PG 60.80 (closed short...will reenter)
1003
i went long GILD 43.10 stop 42.97 for now
* 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".
Monday, January 4, 2010
Monday ramblings / ES Futures Sunday night
349
out of spy short...took the loss
347
currently red down about 0.4 % in spy or 1.2% down in 3x
340
113.29 mental stop spy
336
now if 113.17ish hold i will look to cover shorts...waiting to see if breaks lower...
332
113.04 target on spy if broken
331
needs to break neckline tho...has not
330
yes. as expected....intraday dbl top forming in 2min SPY... because of failed 3rd atttempt at hi...
323
i might keep a small swing short spy overnight...
310
third drive to a high here in spx... spy newr hod at .36
258
113.26 wick was 120,000 shares
258
SPY wick down at 111.51 with a TimeSales print, but was only for 142,700 shares (not 500k)
248
for daytrade short spy i will prob cover if it gets to 113.44 (for losss)
246
spy short not looking good... over .28 here sustaining...
226
sds target 34.19...to start...last 34
224
spy at 60min support here at 113.20... testing...
221
yes. xlf breaking....marginal at .64.... 1456 and 1449 next xlf
220
short still good with spy under .26,,,to me
219
almost. 2 cents. SPY missed the .15 downside target by 2 cents at .17 and bounced... now at .22....
218
xlf 14.65 support holding but taking many hits against it.... xlf needs to go down in order for spy to go down
212
the 60min spy has now formed a new bear rising wedge, but there is plenty of room both up and down in it... early wedge... could see some volatility in coming days
211
looking for spy to stay under 113.26 for the short. last 113.22
209
xlf testing .65 again here support...not filledon .68 short
206
i did not add the fourth short in spy since it did not hit the upside target to add more. short 3 positinos now
205
i will add to skf at the mkt... if xlf hit 14.68;..... mid term hold
202
yes. xlf held exactly at 14.65 target... see if it holds or breaks
154
currently evaluating whether to cover spy shorts...not covering yet...watching reactions here
153
spy .26 target supp broke... spy trgt no 113.15
152
yes. sds hit fitrst target of 34 and backed off
151
spy close to testing the 113.26 now
xlf support to hold/break is 1465 and 1448 .. last 1467
143
xlf is now pushing down on the dtl support line, suggesting a steeper decline to follow if broekn and sustained
142
xlf 15min is in small intraday down channel
138
113.51 or 113.15 initial upside/downside targets. the 113.51 target is close to the prev target today of 113.57
137
spy has been in rectangle 113.27 and 113.39 since noon. watching to see if rect breaks higher or lower
128
testing high of day here now
103
sds 34 first test of R if it gets there
101
sds last 32.90.... LOD 32.85
100
its an "early entry" daytrade short sig
1259
SDS now has 89% confid crouching tiger (bear spx,,short spy) ... needs to hold 32.88 for reversal
1247
Spy UTL resist at around 113.57 (daily chart). last 113.33
1240
12:38 post--as suggested by 84% confidence bull crouching tiger spy
1238
spy looks like it wants to test HOD or perhaps make a slight higher hi here ... 113.29 last
1237
spx trying to move higher, but financials xlf not moving up
1222
one of my xlf down trendlines has these highs....15.40,,,15.13,,, 14.94
1212
so far, spy broke that #1 UTL and is backtesting it...intraday UTL
1210
spy intraday broke below its #1 steep UTL...may require redraw of 2nd UTL .. another indication of weakening momen, but could still see higher. usually 3 trendline re-draws are done b4 a reversal
1207
the xlf 14.71 is also close to the daily, 60, and 15min boll bands....
1206
so far...xlf 14.71 resist has held... see if it breaks higher on next try...
1201
XLF is right at a near perfect touch of one of its Daily DTL... testing it... 14.71
1153
tho, in SPY... today i expected high of 113.12,,,, it went higher to 113.39 so far.... was wrong on that # ... but still looks like pullback coming
1151
113.72 spy stop for now.... will lower later, or will exit at loss even before 113.72 if trade becomes un-merited.. for now, i still see weakness building despite the surge... so i am stayihg short for nowso i am stayihg short for now
1117
spy marginal violation under the micro support line at 113.16... see if it stays under .16 for test of .03
1106
113.03 spy is 3min upchannel support
1105
charts suggest test of 113.03 spy support...last 113.15...see if .03 holds,,,, bear diverg intraday forming
1045
ES testing 1127.... see if it can break higher....
1037
spy 113.12 short... #3 of 4
1031
113.17 spy resist... see if it hurdles that.. or ES 1129 actually...
1029
ES prior hi 1129...last 1126.50
1028
yes. hit the 113.03 target.... spy hit the 113.03 target.... hod 113.04 so far.... reaction up here is key....
1025
if a new high is made then a bear diverg will set up and i will add to shorts "up there"... for position 3 of 4
1023
3min pennant resistance at .92....last .90
1022
3min bull pennant in spy... but other chart signals suggest it will fail and break to downside...
1018
spy 15min trendline up support at 112.81... see if that holds,,,, that needs to break lower to get any more downside
1017
the spy bull flag is malformed, intraday, to me...will convert to bear wedge
1016
mini intraday bear rising wedge forming in spy...could see higher, but momen weakening now... last 112.92
1007
filled 2 of 4 daytrade short spy....2 more daytrade short positions left if merited....
1006
added 2nd spy short 112.87...filled
1005
missed the fill... 112.87 short lim if filled
1004
adding second spy short 112.92 lim if filled...
1000
yes. spy moving up as expected...still waiting to add short..not yet
956
i am expecting spy to pop up one more time this morn, then i will add second piece of short spy position if it does... last 112.79
946
112.81 yest high breached....last 112.93... 113.02 next spy trgt
941
spy 112.81 nextr
939
spy sustain over 112.71 implies 113.02 next..last 112.64
936
shorted spy 112.57...daydtrade.. position 1 of poss 4 in SPY short...
934
condidering short SPY 112.61. last 112.45
927
lets see if DOW gets to 10,754 or not in coming hours/days...and if so, whether the R holds there... i think R will hold
9:21
I am gald I sold my QID on Thurs at 18.98...QID now down at 18.49 pre-mkt... declined as expected (QQQQ higher)
8:07 AM
ES futures rose to 1119.75 overnight and have backed down a little, currently at 1117. They retraced close to the 62% FIB (1119.50).
Fibs for Thursday's decline 1125 - 1110 are: 1114, 1116, 1118, 1119.50, 1122
Fibs for decline from 1128.50 - 1110 are: 1114, 1117, 1119, 1121, 1124,
* 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".
out of spy short...took the loss
347
currently red down about 0.4 % in spy or 1.2% down in 3x
340
113.29 mental stop spy
336
now if 113.17ish hold i will look to cover shorts...waiting to see if breaks lower...
332
113.04 target on spy if broken
331
needs to break neckline tho...has not
330
yes. as expected....intraday dbl top forming in 2min SPY... because of failed 3rd atttempt at hi...
323
i might keep a small swing short spy overnight...
310
third drive to a high here in spx... spy newr hod at .36
258
113.26 wick was 120,000 shares
258
SPY wick down at 111.51 with a TimeSales print, but was only for 142,700 shares (not 500k)
248
for daytrade short spy i will prob cover if it gets to 113.44 (for losss)
246
spy short not looking good... over .28 here sustaining...
226
sds target 34.19...to start...last 34
224
spy at 60min support here at 113.20... testing...
221
yes. xlf breaking....marginal at .64.... 1456 and 1449 next xlf
220
short still good with spy under .26,,,to me
219
almost. 2 cents. SPY missed the .15 downside target by 2 cents at .17 and bounced... now at .22....
218
xlf 14.65 support holding but taking many hits against it.... xlf needs to go down in order for spy to go down
212
the 60min spy has now formed a new bear rising wedge, but there is plenty of room both up and down in it... early wedge... could see some volatility in coming days
211
looking for spy to stay under 113.26 for the short. last 113.22
209
xlf testing .65 again here support...not filledon .68 short
206
i did not add the fourth short in spy since it did not hit the upside target to add more. short 3 positinos now
205
i will add to skf at the mkt... if xlf hit 14.68;..... mid term hold
202
yes. xlf held exactly at 14.65 target... see if it holds or breaks
154
currently evaluating whether to cover spy shorts...not covering yet...watching reactions here
153
spy .26 target supp broke... spy trgt no 113.15
152
yes. sds hit fitrst target of 34 and backed off
151
spy close to testing the 113.26 now
xlf support to hold/break is 1465 and 1448 .. last 1467
143
xlf is now pushing down on the dtl support line, suggesting a steeper decline to follow if broekn and sustained
142
xlf 15min is in small intraday down channel
138
113.51 or 113.15 initial upside/downside targets. the 113.51 target is close to the prev target today of 113.57
137
spy has been in rectangle 113.27 and 113.39 since noon. watching to see if rect breaks higher or lower
128
testing high of day here now
103
sds 34 first test of R if it gets there
101
sds last 32.90.... LOD 32.85
100
its an "early entry" daytrade short sig
1259
SDS now has 89% confid crouching tiger (bear spx,,short spy) ... needs to hold 32.88 for reversal
1247
Spy UTL resist at around 113.57 (daily chart). last 113.33
1240
12:38 post--as suggested by 84% confidence bull crouching tiger spy
1238
spy looks like it wants to test HOD or perhaps make a slight higher hi here ... 113.29 last
1237
spx trying to move higher, but financials xlf not moving up
1222
one of my xlf down trendlines has these highs....15.40,,,15.13,,, 14.94
1212
so far, spy broke that #1 UTL and is backtesting it...intraday UTL
1210
spy intraday broke below its #1 steep UTL...may require redraw of 2nd UTL .. another indication of weakening momen, but could still see higher. usually 3 trendline re-draws are done b4 a reversal
1207
the xlf 14.71 is also close to the daily, 60, and 15min boll bands....
1206
so far...xlf 14.71 resist has held... see if it breaks higher on next try...
1201
XLF is right at a near perfect touch of one of its Daily DTL... testing it... 14.71
1153
tho, in SPY... today i expected high of 113.12,,,, it went higher to 113.39 so far.... was wrong on that # ... but still looks like pullback coming
1151
113.72 spy stop for now.... will lower later, or will exit at loss even before 113.72 if trade becomes un-merited.. for now, i still see weakness building despite the surge... so i am stayihg short for nowso i am stayihg short for now
1117
spy marginal violation under the micro support line at 113.16... see if it stays under .16 for test of .03
1106
113.03 spy is 3min upchannel support
1105
charts suggest test of 113.03 spy support...last 113.15...see if .03 holds,,,, bear diverg intraday forming
1045
ES testing 1127.... see if it can break higher....
1037
spy 113.12 short... #3 of 4
1031
113.17 spy resist... see if it hurdles that.. or ES 1129 actually...
1029
ES prior hi 1129...last 1126.50
1028
yes. hit the 113.03 target.... spy hit the 113.03 target.... hod 113.04 so far.... reaction up here is key....
1025
if a new high is made then a bear diverg will set up and i will add to shorts "up there"... for position 3 of 4
1023
3min pennant resistance at .92....last .90
1022
3min bull pennant in spy... but other chart signals suggest it will fail and break to downside...
1018
spy 15min trendline up support at 112.81... see if that holds,,,, that needs to break lower to get any more downside
1017
the spy bull flag is malformed, intraday, to me...will convert to bear wedge
1016
mini intraday bear rising wedge forming in spy...could see higher, but momen weakening now... last 112.92
1007
filled 2 of 4 daytrade short spy....2 more daytrade short positions left if merited....
1006
added 2nd spy short 112.87...filled
1005
missed the fill... 112.87 short lim if filled
1004
adding second spy short 112.92 lim if filled...
1000
yes. spy moving up as expected...still waiting to add short..not yet
956
i am expecting spy to pop up one more time this morn, then i will add second piece of short spy position if it does... last 112.79
946
112.81 yest high breached....last 112.93... 113.02 next spy trgt
941
spy 112.81 nextr
939
spy sustain over 112.71 implies 113.02 next..last 112.64
936
shorted spy 112.57...daydtrade.. position 1 of poss 4 in SPY short...
934
condidering short SPY 112.61. last 112.45
927
lets see if DOW gets to 10,754 or not in coming hours/days...and if so, whether the R holds there... i think R will hold
9:21
I am gald I sold my QID on Thurs at 18.98...QID now down at 18.49 pre-mkt... declined as expected (QQQQ higher)
8:07 AM
ES futures rose to 1119.75 overnight and have backed down a little, currently at 1117. They retraced close to the 62% FIB (1119.50).
Fibs for Thursday's decline 1125 - 1110 are: 1114, 1116, 1118, 1119.50, 1122
Fibs for decline from 1128.50 - 1110 are: 1114, 1117, 1119, 1121, 1124,
* 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".
Draft charts: XLF, SPY,
XLF daily
XLF 60 min
spy 112.28/.42
SPY 60 min
* 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".
XLF 60 min
spy 112.28/.42
SPY 60 min
* 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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