Thurs thoughts

400
60min and daily RSI on uvxy suggest higher, and spx is getting tired up here

400
see higher uvxy coming,swing
those volumes on UVXY.....suggests sellers may be getting exhausted in the uvxy
also, 60min uvxy chart has had largest green candles in awhile, today

358
i think SPX might gap down tomorrow morning

355
i will keep this UVXY (second time in after exiting before) overnight

322
bought uvxy

256
see those small candles on 15min ES, vs the larger red ones? thats a bearish setup

255
one "might" be able to buy zsl here, and sell tomorrow, tho i plan to hold it longer possibly, but it could be quick swing 1 day thing possibly too

255
ZSL timing analysis suggests another 4-8hours upward bias on zsl (lower for silver) for 930-4-m hours, not futures 24 hours

232
long ERY, starter size position. may add later to it.

220
11.53 is the market maker sell level for tza, and target 1

212
the UVXY may set up a bull flag on the 15min chart that is buyable, its not there yet,,,it would need to move down to form the flag..if it forms it could be the basis for a scalp in uvxy, or a poss swing entry into tza

146
notice ES broek the 1491 support here,,this is what i was talking about b4...when it gets to support and goes sideways too long without a bounce,,,it often breaks lower like this

142
i have an automated, 100% mechanical trading system for swings, that's given about 80% wins in past 7 years, and 15 years... the system has "double topped" before giving a "cover short order".... that is, it said to short on Jan 10, and it said to short again at Jan 22.... this could result in a nice pullback lower in spx, multi week swings

the system does not "layer in"...it only uses the first entry, so it is still short from Jan 10, with a single order to short filled at the close on that day

103
es bounce to 1494 would not be bullish, needs over 1494 to undo this pb bear damaga intraday

1259
ES is spending awhile stalled at 1491 here, where we expected a stall...but failure to bounce by now---imo it has a good chance of breaking lower when the stall is not bought after this muchy time

1257
i still think same as 930am...we may see that bear shoot star today on es day candle

1231
looking for uvxy to get to 1095ish, the 10:00am high, then stall, last 1050

1221
60 min chart...see the candle pattern forming on SDS? bull morn star...bearish eve star on SPY

1218
a few minutes later,,, : and theres UVXY, nice pop, big green candel on 3min chart
:)

1154
UVXY may pop higher nicely now. watching.

1150
72% short signal rang, ES 1496

1130
in vse PORT, i sold the sds and bought UVXY. in my personal port, i'm holding both still.
vse port took a loss on the sds, but needed to sell sds in order to free funds for uvxy. idea is that uvxy will move better intaday, and will result in net profit after covering the sds loss.
uvxy did not make lower lows intraday, when spy made new highs.

1130
long UVXY. sclap.

1003
watching to see if SPY SPX ES put in a daily shooting star bearish candle today or not.

1002
that DUST is something else, it moves. up 12% in 2 days

1001
tza under 1120. will it hit 1101?
those are the Inv Bank buy levels on tza imo

944
silver down nicely. notice how silver "caught up" to oil, as discussed yest


942
i dont usually buy or short this close to the open, but ES is at resist, and had an overnight low near 1483, so i took the short via sds (to distinguish it from longer term spxu trade swing)

941
bought sds. scalp. es 1491

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".

Wedn thoughts

343
a close below 1482 or 1476 ES.........could mark the top, for swings, if it gets one

339
: DUST just went over the 3400 trgt, 3425 last

320
in this case, "if" the euro gave a lower low from the flag, it would be significant, because that would be a break of a major support area

320
bear flag on 15min euro futrures chart, often get a second lower low with that pattens

314
UVXY has now moved away from even its 5 period moving averag on daily chart, often stocks will bounce when they do that

244
UVXY lkong

209
hit 3445 uso trgt, 3417 next trgt but it might bounce here first,

207
watching to see now if silver will follow oil lower, think it will

200
still see lower USO, but decided on early exit of SCO on stall here...also have zsl dust euo spxu tza, so dont neeed to keep all these short positions,,,will look for op to re-short oil

took the 1.5% gain and ran

159
out of sco, took profits

141
13292 eur/usd may also prompt and exit of oil, at the eur mini supp

140
.SCO order is in for 3800 in case of sudden surge, but will prob sell it at the lower target on stall after next pop up,,,will remain exposed to benefit from rising dollar and falling euro via the swings in ZSL  EUO  DUST SPXU  TZA which I'll keep, then re-enter oil again later and use the oil as an active vehicle vs. passive in the others

139
looks like market makers selling oil down to 34.50 uso level, still selling it here at 34.75

138
in coming hours days, if USO fills that gap 3430ish lower, its likely to go under 3430, after a bounce first...the gap fill should lead to a subsequent break lower later under the gap

138
normally i'd take some off here, but OIL can really really move once it gets started, so holding it thru any chop for now

132
USO lower trgt 34.52....will take profits on sco if uso gets down there, 3474 last

127
SCO nearing its 1% profit scalp trgt 1 from entry earlier today, but holding for now...valid for scalp and or swing

124
oil down while market up? bearish for spx

122
same TZA Inv Bank buy levels: 1120 and 1100

111
OIL is seeing some selling in it by market makers here,

1224
also, oil daily is stretched, with 2 or 3 new highs. often results in pb

1224
why short oil? made a second higher high on 60min chart, and rising dollar, among other reasons, could push oil lower. also, oil may need to "catch up" with gdx on the downside, since gdx often leads (moves first). also notice  the higher ERY(related to uso as gdx:gold is)

1111
SCO could be a swing in addition to scalp, valid imo, to supplement other port positions

1107
3750 and 3800 initial SCO targets, then 4050

1106
took profits on DUST in vse port. will look to re-enter later.
also will hold the zsl and sco for now, so still have positions that should benefit from continued euro decline or up in us dollar

1137
supplementing portfolio with SCO (oil short) in additino to the dust zsl...perhaps oil can make a bigger move lower, since oil possible stretched here

1106
bought SCO

1055
if EURO bounces, may present an opp to short silver or short gdx, or long dust 3x  zsl 2x dslv 3x
still have swings in all those tho

1047
EUR/USD 1.3310 as a resist level... may be shortable there imo on bounce

1047
actively trading DUST makes sense to take or all off here, less active would just hold the swings

1036
notice how silver moved down, and zsl euo moved up, as euro moved lower

1034
Euro has moved down nicely since 72% alert, and is now approaching mini support, so may stall here, tho still see lower euro (eur/usd)..EUO reacted by moving from 1857 to 1871 in last 15-30 mionutes

1016
EUR/USD just rang 72% sell signal short scalp intraday, at 1.334 or EUO 1857 long sig

1013
1120 and 1098 are the equivalent TZA buy levels, for IWM investment bank sell/short areas

1003
raising DUST trgt to 3404 from 3370, for now, trgt 1 of 8 (mix of scal swing trgt array)

1000
Watching for euro/usd to break under 1.3315, if that happens may see the reaCTINO  in spx metals lower

954
IF the EUO holds and bounces, DUST should also react positively, DUST already up almost 3% today from yest close, could push to 7%

953
i have ES 1476 and 1482 main support numbers intraday

952
EUO is right at support: may see a bounce in EUO here and move lower in SP500 silver gold, IF the supp on EUO holds

930
AMD has gapped up 7% from yest close, after earnings

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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 thoughts

401
The multimonth short area target was achieved toady :)

Sept 19, 2012 is where I first mentioned the ES 1488
http://www.blogger.com/blogger.g?blogID=3920010661640677430#editor/target=post;postID=9118289901716156055

400
AMD wont move market of course, but will be interesting to see what it does after earnings rpt

336
even if SPX squeaks higher, this is significant resistance in this area, this level, for swings multiweek, not looking for huge down, but correction, same target as before, fill the SPY gap daily

336
imo its very significant that both ES targets were hit 1466 and 1488, because they were multweeks months targets

330
11.20 is TZA equiv of Investment Banker sell levels, short levels, for the IWM, for last 3 days

236
DUST   ZSL  and DSLV are other options, ways to short the goldminers and silver 2x 3x

233
ES is now cloe to the 1488 target posted over 30 days ago, as short target area #2, close enough imo for multiweek swing shorts to add

1046
EURO is beginning to move, and still think it will cause lower silve gold in coming hours, may take a bit to see the effect... i remain short swing in silver and short gdx, via ZSL and DUST

1039
long CTRP scalp at 24.00

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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 thoughts

218
silver has started to pull back a little now, pushing up the zsl, in reaction to the dollar, expected as mentioned this morning,

also the dollar looks like it may make abother move up after an intraday correction, if so then we can really see some nice movement in silver

216
70% short es scalp signal just rang, 1476 es

204
scalping individual stocks short, whose daily hi/low > 1.02, is working well today

158
HPT has moved up nicely higher for the day, but i'm scalping the intraday 15min and 3min charts short on it, for pullback. 3min bear flag. again, the daily is bullish so it's contra-trend trade but 15min chart looks like it could make a lower low

157
shorted HPT, scalp. personal trade but did not put this trade on vse.marketwatch.com port, since that port is near full invested.

1056
EUO looks like trying to test the impt 1878 prior daily high area, bullish euo, may send silver spx oil lower

1054
will actively trader ERY and sell at 7.00 if able for 3.4% gain, may need to sell at 6.9 instead for 2%ish

1053
if if market reacts to higher dollar, and if oil and spx both go down together, then ERY should do well since thats what it is...same with DUST and SPX silver gold

1053
long ERY scalp 6.76

1037
if you like island tops, check out USO oil.. thats a better example than spx, because USO also made a possible exhaustion gap up 2 days ago

1033
DUST: I may actively trade it and sell if it makes a higher hi on 3min chart. often used strategy, sell the second higher high. note on 3min chart DUST made a high, retreated to a higher low, so next i'm looking for a higher high, if able.

Silver ZSL i will trade less actively, using the 60min and daily charts for now as swing, and will hold the ZSL for now unless it makes a very big move to resist (silver supp)


1023
If layering in TZA from prior 1170 buy target, next layer to buy is 11.33.... may be a bit more pain and a trip down there if Investment Banks get their way, Market Makers are accumulating but it often makes it to the Investment Bank levels

1021
Market Makers are gently selling right now intraday, at this level 1475... but the "gentle selling" is often layered, and they will let it drift higher sometimes and just keep selling it softly

they were doing it yest too

1015
notice that us dollar is higher, and silver is also higher:  the dollar usually wins in this situation and sends silver metals commodities lower

excellent risk:reward opp imo, to be shorting silver, esp at this level


948
EUO has borken marginally yest high, needs to get over tues wedn highs to really move up, over 18.78...of course the futures eur/usd and dx and uup and single 1x etfs will give more accurate targets.... if the EUO continues up, it will put selling pressure on spx iwm silver gold


941
still have order to sell DUST at 36.30 if able, may adjust lower later

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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 thoughts

Portfolio Performance Results

1.) Gain of 19,299 for 100k
100k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 19,299 since inception about 3 months ago. This also includes a deduction of $5 per trade for commissions. See yellow links below for details.


2.) Gain of 11,809 for 25k
25k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 11,809 since inception April 2012.  This also includes a deduction of $5 per trade for commissions. See yellow links below for details.

356
i exited tza. i will keep the spxu, all of it probably

346
i'm going to sell the TZA and all or some of the spxu before the close today. i will keep zsl dust and amd.

255
74% scalp short rang, ES 1479


228
im not trading it but uvxy is perking up intraday,,, the 15 and 60min charts on it are bullish: large green candles, followed by smaller red candles, and a higher low

that may cause the spx to fall


137
lim sell DUST 34.40 if able

127
WOW this is very unusual and possibly bearish for the IWM: but the Market Maker BUY levels are now LOWER than the investment bank buy levels. almost always, the Inv Bank levels are lower. This suggests that some Marketmakers are short the IWM, as mentinoed before they aer shorting into this gently. But those MM are not interesting in covering until around 86.77 IWM


118
It's a VERY good sign for shorts that Market Makers are selling into this gently. AND ALSO it is at Investment Banks sell levels. i remain short from 1469 ES on Jan 10...its been 7 days but swing shorts take awhile sometimes

notice that 3 days ago, i said to watch for tza 11.70 level, investment bank level. that level was hit today and gently bought tza there. 1150 tza is next level

but, modest target on first down is 1425 es,,,maybe more later but prob get bought 1425 on first try, will just look at reactions




1244
Market Makers are gently selling into this little by little. Usually that results in lower prices, although it sometimes takes 1-5 days. And some prior Investment Bank sell levels have also been hit


1229
1477 ES,,,70% scalp short ES signal just rang, tho usually entry makes more sense 72--78%

1218
EUO is trying to move higher here on 15min chart. this can push silver gold and spx lower. goal is to have EUO close over yesterdays high, which it prob wont do today, but may test 1867--1875

Todays gap down in SLV correlates with yesterdays rise in EUO

1140
long tza 1167

1045
a purely mechanical auto trade system, that uses both long and short, is profitable for the last 10 years, and the last 6 years, says remain short for multiday multiweek holding times. historically this has produced better gains long than short, and in fact the short trades are basically hedges but always are taken nonetheless, and sometimes a huge year comes as a result. i will try to post the trade history on the system later.

that does not mean that THIS short will be profitable, maybe it will take a loss, but if taking all the trades long and short, the net is profitable

the system is never long and short the spx at the same time, and it uses SPY not russel

1017
in DUST 33.35

1010
lim buy DUST 3345

953
i have an order to buy TZA, good today only, at 11.51.  I may later consider buying at that 1170 trgt, but not yet.


8:55
TZA is near yesterdays posted buy target of 11.70, last 11.79, but I will not buy TZA yet. Will wait to buy it since it may want to go under 11.63.

8:47 AM
ZSL is trading higher pre-market near 46.50. For now, I have an order to sell ZSL at 47.89 (from yesterday buy at 46.12).
I'll see how it acts in the first 5-60 minutes of trading from 9:30--10:30, and may exit at a lower profit if the 47.89 is not hit.

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".

Performance Results: $ Gains of 19,000 and $11,000

Portfolio Performance Results

1.) Gain of 19,299 for 100k
100k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 19,299 since inception about 3 months ago. This also includes a deduction of $5 per trade for commissions.


2.) Gain of 11,809 for 25k
25k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 11,809 since inception April 2012.  This also includes a deduction of $5 per trade for commissions.

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".

Wedn post

401
EUO closed right at resistance, accompanied by a bullish morning star daily pattern 4 days, often when that happens, the resist will break higher, if so bullish for EUO and bearish for metals spx

355
a last minute surge up EUO, accompanied by not much movement on ES from here, would be very ideal if swing short, though EUO doesnt look like it will do it

351
exited cern small profit near breakeven, dud
i changed mind and will take profits on DUST today and keep zsl overnight

350
I will exit CERN sclp by 3:59 today

341
Investment banks want tza at 1470 if they can get it, buy level for last 2 days tho never hit

333
imo, better for shorts if the spx does NOT sell off today (swing)

317
I wanted to take profits on DUST today but unless it moves higher, i will keep this swing. it's in the profit zone, but should go higher than this.

Also I plan to keep the ZSL as well, unless it moves.
I believe that the bullish action on the EUO will push gold spx silver down, and DUST and ZSL higher.

209
spx:  more probable that over 1474 would happen in the morning not at close, but who knows?
still see lower spx, and remain in the spxu swing

141
bounced off support, glad i exited the SQQQ  for small gain. the small gain is better than breakeven, which is where it is now

118
AMD is now challenging its prior 5 day high 2.77, expecting higher AMD in coming days weeks

101
on narrow range days like this, it often works well to scan for stocks whose high/low of day > 1.02 (2%), and then look at those for opps for daytrading

100
went scalp long CERN at 7895. could also be a swiung

1246
took smallo gain on SQQQ

1240
if Market Makers raise their ask price,,,price will go up without need to raise the bid...havent raised asks yet tho

1240
i might exit SQQQ in next 3--60 minutes, watching it. only small profit on narrow range day if i exit....take what comes...better than a loss..watching a bit longer


1209
1466/1468 adjusted es range,changed

1202
ES 1466--1467.50: break of either has a bias to continue shortly in dir of break

1201
wow only a half point spread between buy and sell levels market makers, very rare, and might produce a sudden move, watching

1158
very tight Market Maker buy sell levels, means they r in algo trade mode...watching for a move in the bid or ask that may give clue to the direction of break. atm, bias lower intraday

1154
1467 es, 72% short bias scalp signal rang

1139
added more zsl, almost same price as before,just want mor shares for scalp pop

1133
looking for EUO to close above yesterdays high. that would confirm the morning star candle formation posted yest. if it does, bullish for euo, which could send spx iwm nicely lower.

1130
tza 11.70 is still a buy level it it drops down there, might buy, unsure. also might not make it there either.

1102
further, the QQQ have fallen back "inside' the flag after breaking it higher, another swing bearish sign

1102
If you look at QQQ chart from dec 28 until jan 9, you see a bull flag that broke out. HOWEVER, it is having the look of a failed breakout, since no new real highs have been made since the "flag" broke higher.  QQQ may be headed to 65.00, last 66.84

1057
i saw some MarketMaker lowering the ask price on silver, which is why i took zsl near .09 instead of .03

1056
long ZSL, in a bit higher

1027
long SQQQ

1017
watching for a second higher high on 3min charts in silver, to short at second high if possible, near 33.40ish slv, using ZSL

1008
i will buy ZSL limit 46.03, above the 42.90 pullback target, good only for today

957
i'm looking for entry in ZSL but no entry yet, for scalp.


935
44.90 GDX market maker level lower, trying for that in the DUST, if able

933
DUST is outperforming TZA:  Dust up 2.5% today since yest, vs 1% tza

908
I have an order to take profits on DUST swing at 33.70 if it gets there. may adjust the target later, but for now let's see if it pops nicely at the open or not. if so, i'll take the profit and exit.

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* 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".