Monday, November 15, 2010

charts


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* 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 ramblings / ES Futures Sunday night

348
i still have "stay swing short from last week" for eem, spy, qqqq, iwm russell spx ndx

343
lets see if eem qqqq or spx close under yesterdays low

340
CVX is rite at trendline support now 60min,,,will cover it all expcept small swing piece,, 8492 vs 8575

337
CVX now down to 8492 from 8550

336
comvering some here on 2nd test of .36 stall,, only have 25% of qqqq shorts left, or typ,,, will hold swing for now

328
5217 cover if able

324
qqqq trgt today next 5213

319
1193 next es,,,hit 1197 trgt


317
covering 25% of qqqqq shorts from .65 to lock some profits at .40

313
5057 is one of my swing tgt qqqq


303
oops i'm


going to cover some qqqq

scalps,,,should move up in abit,,,down then up type setup, to take a small profit scalp to start,,holding qqqq swing shorts typ swing

259
i will short more qqqq .67 if able

251
more TYP here 2765,, thats short the qqqq

247
stopped out on piece of cvx short,,profits locked

244
UNG is up 2.5% but have min 6% roi trgt,,holding other 75% for now

240
1202,,,120250 should hold down first try

239
cvx just hit 8533 trgt scalp from b4,,but i've lowered my stop as posted,, didnt cover other half of short yet

237
cvx has 5 waves up from nov 1,,,trading short the abc down move, daily charts,,,also cvx daily is more sideways than uptrend,,,so looking for poss under 8200 for swing short

236
1197  1193 trgts

232
still holding swing EEM shorts, edz from last week ,,,wont exit today those

232
next trgt .27

230
8550 last,,,either holds here or i'll take some $$

230
stop mkt cover .53 on half of cvx short to lock profits

225
i'm lowering cover cvx from 8533 to 8503 for now

224
CVX falls 30 cents,,,as expected via Markt Maker analysis b4

223
UNG just made a new daily high as expected, up 2.2% from entry this morn, for combo swing scalp

219
ES hit 1202.50,,,fulfilling the 2:17pm targte to test 1202 from 20 min ago below

201
cvx 8573 would be the "Market maker method" short if able

159
ah,,,there it is,,, MarketMaker analysis suggests over 8570 is poss but then shuold move under it for cvx,,, 721000 shares red on cvx 8570


158
cvx just


flashed a "something should

happn" signal but didnt say up or

down,,bias still down atm
 
 
 
156
if cvx stays under 8577 then it would have a trendline holding resist but the trendline cuts thru price not at hi lows,,last 8571,,,,  if over


.77 may exit reenter shorts
 
 
 
148
1202 test ES expected by 2:17 or maybe 159

141
UNG looks like want to go higher, test HOD n break higher

138
83% hmm just got a lil strongrer

137
still ahve es sell signal 81%

130
60 min hanging men candles r slightly bearish

115
es if adam eve will stay undder 120450 then under 1202

114
cvx appr .60 xupport here,,holding for lower

110
3min poss bear adam eve with a desc tri mini

106
selling 25% of UNG for a quick 1% profit from hour ago :)

104
lim cover 8533 if able on cvx,,

102
ADDING cvx shorts here,,#3 of poss #4 additions 8585

1256
cvx sell alert .85


1245
81% sell alert 1204 still valid es

1243
mixed bull n bear signals now

1223
adding long UNG 541 for swing


1217
355pm swing short signals all still on for qqqq eem (edz) spx (spxu)   cvx

1215
this test right here might just determin direction for rest of today


1211
"if" es broek over 60min downtrend line then this is backtest lower,,,watching to see if bounce up or down rite here, 1203,,, bias remains lower

1208
ES sell alert 81% at 1204/05, usually takes 85% to get it moving but 81% suggests under 1205 is likely in coming hour


1158
new trendline R on 60min cvx is 8650ish but its newly formed

1155
8582 cvx,,,still trying to short 8593, could hit 8620 n still be bearish

1154
es,,we will


soon know if that was marginal

break only, or go higher,,, for me

resist still holding atm
 
 
1147
trying to short into a cvx headfake, stop run higher if able


1146
i will add more cvx short 85.93 lim if able, last 8580

1140
es,,if bulls dont break here soon could go bak to low of day or lower,,impt resist test now

1136
ES resist test again here at the 60min DTL,,bulls want to break this else es stays bearish intraday

1118
8519 revised down trgt mini cvx

1105
wow cvx is moving now down

1057
8527, 8450, 8475 cvx trgt next mini trgt

1055
taking scalp profit in CVX here on 25% shares, since short 3 min ago


1051
1202 ES now testing the 60min DTL again resis,,,watching if holds or breaks higher


1037
scalp swing combo short CVX 8574 lim if filled


1005
Chart of ES supports, trgts, trendlines
Double click chart to view full size




1000
the ES did a perfect touch of the 60min DTL and resist held thus far,, ES is near support trendline so watching if sideways, bounce up again, or break trendline for run at horizont support lower down

959
looking to add more CVX shorts later, to re-short those taken profits on Friday,, no reentry yet

958
may not get a UNG entry to go long today,,daily may still need more work,,waiting patiently

955
still ahve 25% short on cvx

928
1202 R as long as it holds would be v bearish,, 1203.25 is 60min DTL resist a lil over 1202


843
have an order for new long swing UNG lim 5.31 if filled on backtest

842
also for swings more down, the 355pm daily swing signal remains on short for EEM QQQQ SPY


Monday 839 AM
ES has same resist 1 as friday at 1202,,holding down thus far,,,under 1202 bearish, over then 1205 1209 trgts


* 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 bu  or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Friday, November 12, 2010

* 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".

Thursday, November 11, 2010

friday ramblings (and Thurs eve / Friday pre-market ES Futures)

401
INTC should go lower on monday,,, 1.2million shares red at 401pm at 2153


357
taking off all except 25% of oil shorts here sco high of day 1194

346
that doesnt mean that monday will be a down day, but it suggests that the move's not finished yet

345
4pm swing signals all still on stay short

338
MM analysis: intc should go under .53 b4 the close, may go higher first

330
the swing sell could easily stay on sell another week,,, it often doesnt change for 2-4 weeks,, or conversely can change on monday, just depends on price action

328
might not sound "right" but i'm holding the EEM shorts and QQQQ shorts swing (TYP),,, both are still on 4pm sell signals,, i did lock some partial gains today on them

214
sell alert just triggered but only 75%,,, at es 1194

213
T continues lower, now at 2821

203
8377 CVX next trgt down, will cover some there if able

159
scalp trgt 2136 intc if able

153
  intc could pop lil higher here,,still see lower after

151
119550 ES is algo resis

136
adding 2156 here INTC

135
i'll try, if filled, 2161 intc lim short

1257
the XLF gave a swing sell short setup "down here" today,,,not sure it holds but it says "short the financials again", today ,,, will watch to see if signal still on sell at the close for xlf

1253
found it,,, the 1187 support is from the oct 8 trendline supp

1252
1187 ES is some type of support,,not sure what,,its a trendline from somewhere LOL

1250
CVX now joining the club, down to 8470 from 8575

1246
MrktMaker readings suggest the INTC should go under 2136,,could pop higher first,, the AM mrkt Maker reading hit its trgt

1239
EEM hit  the "active trader" exit half lock profit then re-add more higher mentioned b4,, i'm only taking 25% off here,,i'm only taking 25% off here at low of day thus far

1230
intc trgt: close the gap, to start

1227
cvx short new from yest up 1%,,, sco 6%,,, intc -2% loss,,, edz 12%

1225
qqqq sell program kicked in 7min after signal came

1219
EEM has


overshort todays trgt 4662 from

yest,,,next trgt 4577
 
watch 4662 to see if holds as resist

1217
qqqq "further selling" alert just flashed here 5258

1211
EEM is making new daily lows :)

1210
1180ish is another support on a different trendline

1209
rules say support is support until broken so respecting the 1193 es support,,,its just that charts rite now suggest it will break,,, but until it breaks, its support to be respected

1207
1193 "should" hold but i can also see 1180 on 1193 break,,still on a sell,, in fact until chart changes, i have an 1180 trgt

1202
es stoch now back at 25 but not solid long entry here to me

1157
1202-5=1197 trgt mini round top 3min es, then 1197-5=1192 trgt

1154
es down to 1193 then pop 1202 may be whats happening

1153
heres intc at 2151 off its 2181 high,,still have


the .30ish trgt, and still unable to add more shorts,,,the .71 was never filled
 
 
1151
earlier i


mentioned long would be safer

on 2nd stoch trip lower,,,may not

even get that setup,,,not there yet
 
 
1149
could be


wrong but inability to hit 1202 es

could mean 1193 ES or we break

todays low ES,,, sellers crowded

the 1202
 
 
1139
grrr i cant get a fill on more intc short,,but wont chase, just run with curr position (red intc atm tho)

1129
i will 2172 INTC add shorts if able, last 2161

last 2161,, expect another trip down to .50 and .30 maybe today


1123
EDZ at 10% roi now,,,is starting to base,,,edz may pull bak some here,,,eem may go up/sideways,,,still holding atm,, well taking 25% shares off to lock some profit at 10% on edz, holding rest

1121
over 1202 then 1208 trgt

1121
while under 1202, is v bearish for me ES

1120
es R 1202,,1202 is


prior support conv to resis atm
 
 
1113
i'm going to take half of SCO off here that i bought yest to lock 5% profit,,keeping half longer

1108
1193 would be a touch of the support line ES in the larger up channel daily (has a 60min downtrend inside daily uptrend)

1108
that 60min ES downtrend has held perfectly thus far,,,resis on it now up there at 1208

1107
if ES breaks 1193 then 1180 trgt


1103
MarketMaker readings suggest that INTC "should" go under 2145 today, not sure if it makes it but readings suggest such, 2131 intc MM trgt

1100
active traders could take half EEM shorts off when es gets 1193 then try to re-enter short on bounce,,but the 4pm signal remains on stay short

1056
like


waiting for long until 3min es

stoch makes another round trip,

up to 80 then below 20, for holds

over 1 hour
 
1044
ES daily trendline support still at 1193,,,overnite low,,perfect touch of the trendline n bounced b4


1034
canceling add intc .75,,,may add



later
 
 
1031
EEM is now testing its daily low,,,should break lower,,EEM


often leads the spx

1028
grr


missed the add intc shorts by 2 cents, intc


should move sideways here for a

lil,,may get the fill later,,,
 
 
1021
lim add intc short 2175 if filled

1005
60min ES in downtrend while under 1210

941
T att&t swing short is also down nicely here at 2861

940
cvx trgt 8337 for t1 swing, last 8523, entry 8575

936
i'm watching to see if intc does a bear dark cloud cover daily,,idk if it comes but watching

935
EEM short: has gapped well below yesterdays low

933
shorted INTC here 2150,, CVX short swing entered yest is down nicely this AM too,, trading extremes only in POMO and INTC was at prior daily high 2 from 2 days ago so shorted, tho may want higher

917
shorting INTC 2150,,, may go higher but seems like good entry, combo scalp  swing

858
\ES 1209 (trendline) 1213 (horiz) intraday resistance atm

855
and pomo nov 15 16 17 18 19 22 23 for an unprecedented 7 trading days in a row

851am
WOW the EDZ is up to 8.28% roi from entry few days ago (emerg mkt short),, CVX short from yest green atm, intc red

Friday
745 am
i suggested yest that ES may overshoot 1196 trgt and hit 1193. it hit 1193 as the low and bounced

932
oil and es are both down now. ES down 7,  oil at
8688, down from 8863 almost $2


932pm
wondering if mkt makers r
shorting these daytime rallies,
bringning down ES overnite,
covering in the 11AM timeframe,

* 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 Wedn eve ES futures)

Still looking to add SRS if able at some point.

418
DIS 3640/50 could work if bounces there,,, it did hit daily trendline perfectly n bounced tho



404
SPY down wicks 121.00ish,, suggests down on Friday

342
i am staying swing short EEM from 5 days ago, edz


339
also those tiny climbing up candles in intc 15min r bearish

336
INTC short swing here could work too,,,remain short intc,,,it had downside on heavy volume weeks ago below this area,,,up on

328
if oil and spx both move down,,,then short cvx should outperform both

255
120925 trgt

254
should hit horiz support then bounce baktest then maybe lower


253
ES just broke 3min trendline,,,see if follow thru, es 1211

246
955 am tomorrow Mich sent news

242
would be mean if they took it down today, dip buyers step in, and then gaps down tomorrow then another pump up

238
boll bands 15min now pinching on EEM

134
CVX high of day 8598,,,short near there

128
CVX: 60min bear diverg, falling macd hist, 15min macd hist cross 0

126
i'm shorting CVX now,,, 8575, scalp swing combo

120
taking profits in all T scalps now excpet last 25% with stop at breakeven,, will add higher if able or ride last 25% down

108
EEM looks like its trying to form that falling wedge I mentioned earlier this morn,,,still early stage tho


102
T stoch 15m been under 20 all day but can still move lower,,,the 60m stoch only now just entering 20 down,, further the slope of RSI 60min is


down
 
 
1253
cancelling the .89 add more T shorts,,,never got filled,,,running with shorts from 2925 and 2900


1250
10 minutes later,,,, T has broken the .80

1237
T has had support at .80 for last hour,,,charts suggest break lower of it withn by 103pm,,,maybe in 7 min


1234
if the 15min chart were more reliable,,i'd add them here,,,but boll bands wide on it for one thing


1233
T cannot get over .84/.86,,,still have that lim order to add more shorts on a spike headfake but no fill,, short setup still valid,,,will cancel order if short setup goes away

1227
that ES trendline is holding as resist, for now

1222
DX is riding on its 15periord MA in 15min chart bullishly


1216
T still showing weaker than SPX,,,didnt get the add shorts fill,,,now down to .81

1205
looking to add on MM stop run, if able


1204
if not filled there then i'll just run with existing shorts from higher levels,,only willing to add near mid-extremes

1203
T may want .93 so trying .89 short

1200
lim add T shorts 2889 if able, last 2884, combo scalp swing


1152
under


1209 ES for me is bearish,,15min DTL plus prior high resist there,,

1148
T hit 2878,,,which is one cent under the 10:09 AM trgt of 28.79 :)


1144
spy has a bull diverg on 60min chart BUT it looks incomplete,,,looks to need lower first to better define it


1143
EEM has a bear flag on a double bottom:  these often convert to falling wedges,,,watching for that here,, can see it in 15 and 60min eem


1136
bear des tri still valid atm

1129
i'm not covering 1204,,,will watch,,, 1202 stall,,1200 trgt

1128
3min es desc triangle, adam eve bear

1124
if short


from 1207 watch 1204 to cover

there,,or wait for break lower with

stop breakeven or 1206 stop,, with 1200 trgt
 
 
1120
ES 1207


short could work here,,but higher

risk, assumes coil will hold and its new coil so R is weak yet


1113
moderate down vol 1min on T with no large blocks implies any bounce should be small,,,and lower lows expected

1112
EEM 4716 rect trgt, just over the 4707 horion trgt,

1110
or desc tri

1109
hmm missed the 1209 by 1 pt,,if 1204 holds then es likely to form a boring 3min coil,,,bias still down atm

1101
1209 short should work on first test

1101
ES in a 15min downtrend,,,DTL resis not broken atm

1050
some alt ES trgts via rectangle calc: 1196 rect trgt, alt rect trgt 1187 if extremes used in calc

1041
EEM moving lower as expected but could still bounce,,,bounce still shortable to me

1035
150k shares red EEM 4747 means what? Under 4747 but could bounce higher first,,shortable if it bounces, via marketmaker tricks

1027
EEM: bear flag :)

1026
if T breaks its 60min DTL then i'll exit the short,,else staying in for now for lower trgts

1019
covering half of T short here to lock profit,,,.88,,,will look to reshort


1009
2879 next T trgt last 2888
1006
everyone thinks 1196,,,maybe we


get over or under it? 1200 or

1193? too many w same trgt lol,,,

see 1193 viable



933
INTC just hit 2055 exactly and bounced,,,still see lower for swing intc
931
intc next trgt down is 2055

929
for swings,,looks to be topping, but i'd like to see the uptrendline taken out,,,still holding support atm

900
CSCO's red daily candle right now is BIGGER than the extreme hi/low of the csco May 6 flash crash!


855
simple view: look at ES weekly chart last 2 candles. bearish.


754 am
the csco 
beating continues, csco now 
2035 from 2449 close, down 20% 
!!!

* 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".