336
next week,,,poss buying opp in V visa long
301
theres 4021 VZ trgt,,,watching to see if makes new highs over .25 now
256
raising sell price on VZ to 4097 from 4047 for now,,,give it room to surge,,prob wont but giving room,,,will sell lower b4 the close if needed, VZ made new 52 week hi today
253
if vz hits .21,,,its likely to break over its .25 high of day for a new high
226
there goes oil lower,,,big red candle 15min,,,watching if it breaks support test lower or not
225
WOW ,,,VZ is holding its ground here :) despite down in ES SPX
219
ready to take profits intraday on VZ on sign of weaknes,,then buy bak lower
219
Market Maker reports on VZ intraday say they tried to push it lower, are now willing to pay higher,,around 4011,,,but i fear they really want to buy at 3975 area (prior level today they had, but didnt get)...watching intraday here
215
tough for VZ tho,,,VZ 15min chart is moving higher, but ES 15min chart doing lower is creating a drag on VZ,,nonetheless VZ doing well despite that
214
at 4015,,just got intraday buy signal for pop higher on VZ, 74% confidence,,needs 78 then 85% to move
1223
the VZ 3min chart has now changed, and it gives a 40.44 trgt on a break over 40.26, which is close to yesterday 40.47 sell trgt
1220
oil intraday support zone at 9880--9920,,,if that breaks lower, oil becomes more bearish
1155
i might try TNA scalp on next pullback, not ready yet here,,maybe at 74.25ish IWM area on the TNA
1141
4083 stretch trgt today for VZ, but will still sell lower at 4047 if able, last 4021, the 60min measured trgt is 40.38
1131
but VZ timing analysis suggests bullish bias next 4 hours,,so maybe drift higher first, then lower, then new highs
1130
Market Maker reports on VZ, imo, suggest that the MM are going to try to push the VZ price lower if able, so they can buy more shares... its a bullish report
1118
if SPX does decide to go higher in coming weeks, a look at the charts since Nov. 25 suggest that it may do so in the form of a bearish rising wedge
1106
vz hit 4014 mini trgt :)
1055
40.14 mini trgt now on vz, last 4007
but will sell at 4047 not here
1053
VZ near testing yest hi now,,,chart pattern has enough energy to break it on the first try, then convert to a wedge intraday,,watching reactions. Buyers should be waiting in the 39.74 area if it pulls back first instead, on a pb I might add more shares, unsure atm
1039
a break over 40.11 then 40.28 should give the first trgt 40.47 on VZ, last 40.00...may stall here at resistance,prior daily high area
1038
TLT daily candles, is doing what i think the VZ daily candles will do in comming day(s)
1030
TLT continues higher, up .83, toward its 122 trgt. 121.69 last...tho I closed TLT yesterday i'm still watching it,,,may re-enter again later
1022
sco oil shorts i'm holding longer, with looser stops. VZ i'm trading more actively. diff strategies
1021
if it gets there, I will sell VZ at 40.47 target, and then look to buy back again later
* 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, December 30, 2011
Oil charts
Charts below show simple horizontal supports and resistances. Oil has been very good about reacting to these levels.
Other oil charts with trendlines, etc may be posted later.
Right now, the main level I'm looking at is 92.58. If that breaks, oil could plunge lower. 92.58 held on a recent test, but that level "area" has been important since January, as the red line shows.
Click on chart to see a larger size.
* 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".
Other oil charts with trendlines, etc may be posted later.
Right now, the main level I'm looking at is 92.58. If that breaks, oil could plunge lower. 92.58 held on a recent test, but that level "area" has been important since January, as the red line shows.
Click on chart to see a larger size.
* 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, December 29, 2011
AA Short (possible entry)
AA - Considering SHORT at 8.77-- 8.98 area, if it can get a bounce on 60 min chart, possible entry on Friday per timing analysis.
AA Chart -- Double Click the chart for a larger view
Chart shows a bear coil that broke to downside, but the 60 min chart also shows a bullish falling wedge. So lower is expected but the wedge warns that the shorts must be monitored and exited at the right time. But there is still plenty of room in the wedge for lower prices, as long as the resistance levels hold. Not ready to short this yet, but will consider short on the next bounce, if it comes. No huge daily rsi bull divergence to worry about, if it looked like the Aug--Oct diverg I would consider long instead (actually I was long AA back then near Oct 6). Timing analysis suggests that in about 4 hours AA may bounce and start to level off (putting it as a possible Friday short entry).
* 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".
AA Chart -- Double Click the chart for a larger view
Chart shows a bear coil that broke to downside, but the 60 min chart also shows a bullish falling wedge. So lower is expected but the wedge warns that the shorts must be monitored and exited at the right time. But there is still plenty of room in the wedge for lower prices, as long as the resistance levels hold. Not ready to short this yet, but will consider short on the next bounce, if it comes. No huge daily rsi bull divergence to worry about, if it looked like the Aug--Oct diverg I would consider long instead (actually I was long AA back then near Oct 6). Timing analysis suggests that in about 4 hours AA may bounce and start to level off (putting it as a possible Friday short entry).
* 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
SEE POST BELOW FOR CHARTS and thought on trading individual stocks in addition to etfs.
420
stop 39.66 on VZ,,if stopped out i will exit with a loss and re-enter later,,,still see higher VZ in coming days weeks
348
since Dec 5, VZ has not been below its 20 MA,,,barely below its 5 Moving Avg, on daily chart, even when DOW fell 400 points
342
not likely, but if VZ hits 4048 b4 the close i will sell half,,,
334
VZ is right at resist, closing near there or higher, tomorrow it could pop higher nicely
333
went long VZ for swing, at 40.00
303
out of TLT for now,,,will look to re-enter again later, stopped out for less than optimum profit
256
TVIX could work here, 3125ish
244
still on 74% ES sell signal into close
239
TLT hit 121.06,,,qatching for .23 next, then .89
234
sell signal just triggered on ES at 74% confid at 1254.50
230
if 121.05 TLT break gives pop trgt of 121.24,,,still waiting on the 121.89 for now tho
220
73% confidence level signal just triggerd, for long treasuries,higher..at TLT 120.85
218
they are trying for a 15min bull inv HS on OIL futures,,,i think it will fail tho,,,see lower oil per daily and 60min charts,,,but watching the poss bullish formation nonetheless
154
oil shortable here 9960, imo
150
stop at 120.69 on TLT to guarantee some profit if it falls, if stopped out i will take profits and look to reload again, as i still see higher even if stopped
143
121.88 limit sell order on TLT, last 121.02
136
removing TLT lim sell 121.17===will do manually,,now,,i might not have time to buy it back today, if it hits trgt, so doing manual
134
tho oil is barely green, unlike spx
133
OIL has rallied sharply higher here,,,still see another turn lower in oil later
129
its more applicable to swings than intraday,,,but TLT and SPY SPX are both green today,,,for swings,,,rarely does TLT lose the battle---bond traders are the smartest of all and generally win
126
1251 first trgt from 1255 es===watching if 1251 holds if tested,,break of 1249 could be trouble for ES
124
2689 TZA first trgt from 2614
123
with this candle pattern, TLT "should" have an upward bias for next 69 minutes
122
120.22 new target for active traders on TLT,,passive 122 trgt
119
120.99 TLT just hit its posted measured target..still see higher
117
TLT just hit .97, or 1 cent under prior limit order, but now raised to .14 higher
113
3min chart now have a measured 30 cent trgt on a break of .70, to 121.00,,still trying above that trgt for 121.14 for now, then 122, 124, 127
108
agressive 1255 ES short here could work,imo,,if willing to endure poss higher, to scale in
106
using daily and 60min charts,,,,ES is giving "almost" a short swing setup, but SPY is not,, needs more time b4 swing short imo,,but opp may present later
1253
also on TLT notice the upper Boll Band on 60min chart---now at 121.56 and pointing up not flat,,,and the last time TLT was at 121.56 was last tuesday, not recently,suggesting higher....the 121.56 is higher than the highest hi of the last 16 trading hours
1248
under 120.40 would still be ok for TLT swings,,,but over 120.40 (new resist now turned support, weaker intraday suppp) would be v bullish,imo
1246
TLT has broken over its 3min boll bands, on the way to test 15min upper BB at 121
1241
60min stoch on TLT is overbought over 80 but can stay there a few more hours,,,think it will revisit a higher move on the stoch, given the candle patterns bullish on the 60m
1238
121.14 TLT is new limit order to sell TLT, up from 120.97,,if it doesnt fill higher then may take the lower price,,,may move fast,,,next trgt 122
1218
TLT has hurdled the first .60 trgt,,,looking to sell half still at .97, last .62,,,should" see .97 quickly since the .60 broke
1148
i will take profits at 120.97 TLT if it gets there, then look for poss re-entry
1113
if TLT tlt hits 120.60, should see the 121 trgt quickly thereafter, last 120.42
1110
121 and 122 are TLT trgts initially
1020
fwiw,,,oil moving lower, and TLT moving higher, could present problems for SPX bulls
1019
alt, there are 3x etfs like TMF also but has lower volume
1018
tlt may be ready to pop higher here, tlt long or tbt short could work here for either swing or scalp
951
in TLT 120.36,m,, TLT is 1x long,,,TBT is 2x short,,, so need more shares in TLT to mimic 2 or 3x
948
i will buy TLT 120.12 limit if filled, last 120.34,,may pay higher price later if no fill
945
ES at impt test here now at 1250 resist,,,trying to break higher,,,longs might want to watch carefully and tighten stops in case it is rejected here
943
oil moving lower, still holding oil shorts via SCO swing,,,tested yest low with a small break lower, watching reactions in this area 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".
420
stop 39.66 on VZ,,if stopped out i will exit with a loss and re-enter later,,,still see higher VZ in coming days weeks
348
since Dec 5, VZ has not been below its 20 MA,,,barely below its 5 Moving Avg, on daily chart, even when DOW fell 400 points
342
not likely, but if VZ hits 4048 b4 the close i will sell half,,,
334
VZ is right at resist, closing near there or higher, tomorrow it could pop higher nicely
333
went long VZ for swing, at 40.00
303
out of TLT for now,,,will look to re-enter again later, stopped out for less than optimum profit
256
TVIX could work here, 3125ish
244
still on 74% ES sell signal into close
239
TLT hit 121.06,,,qatching for .23 next, then .89
234
sell signal just triggered on ES at 74% confid at 1254.50
230
if 121.05 TLT break gives pop trgt of 121.24,,,still waiting on the 121.89 for now tho
220
73% confidence level signal just triggerd, for long treasuries,higher..at TLT 120.85
218
they are trying for a 15min bull inv HS on OIL futures,,,i think it will fail tho,,,see lower oil per daily and 60min charts,,,but watching the poss bullish formation nonetheless
154
oil shortable here 9960, imo
150
stop at 120.69 on TLT to guarantee some profit if it falls, if stopped out i will take profits and look to reload again, as i still see higher even if stopped
143
121.88 limit sell order on TLT, last 121.02
136
removing TLT lim sell 121.17===will do manually,,now,,i might not have time to buy it back today, if it hits trgt, so doing manual
134
tho oil is barely green, unlike spx
133
OIL has rallied sharply higher here,,,still see another turn lower in oil later
129
its more applicable to swings than intraday,,,but TLT and SPY SPX are both green today,,,for swings,,,rarely does TLT lose the battle---bond traders are the smartest of all and generally win
126
1251 first trgt from 1255 es===watching if 1251 holds if tested,,break of 1249 could be trouble for ES
124
2689 TZA first trgt from 2614
123
with this candle pattern, TLT "should" have an upward bias for next 69 minutes
122
120.22 new target for active traders on TLT,,passive 122 trgt
119
120.99 TLT just hit its posted measured target..still see higher
117
TLT just hit .97, or 1 cent under prior limit order, but now raised to .14 higher
113
3min chart now have a measured 30 cent trgt on a break of .70, to 121.00,,still trying above that trgt for 121.14 for now, then 122, 124, 127
108
agressive 1255 ES short here could work,imo,,if willing to endure poss higher, to scale in
106
using daily and 60min charts,,,,ES is giving "almost" a short swing setup, but SPY is not,, needs more time b4 swing short imo,,but opp may present later
1253
also on TLT notice the upper Boll Band on 60min chart---now at 121.56 and pointing up not flat,,,and the last time TLT was at 121.56 was last tuesday, not recently,suggesting higher....the 121.56 is higher than the highest hi of the last 16 trading hours
1248
under 120.40 would still be ok for TLT swings,,,but over 120.40 (new resist now turned support, weaker intraday suppp) would be v bullish,imo
1246
TLT has broken over its 3min boll bands, on the way to test 15min upper BB at 121
1241
60min stoch on TLT is overbought over 80 but can stay there a few more hours,,,think it will revisit a higher move on the stoch, given the candle patterns bullish on the 60m
1238
121.14 TLT is new limit order to sell TLT, up from 120.97,,if it doesnt fill higher then may take the lower price,,,may move fast,,,next trgt 122
1218
TLT has hurdled the first .60 trgt,,,looking to sell half still at .97, last .62,,,should" see .97 quickly since the .60 broke
1148
i will take profits at 120.97 TLT if it gets there, then look for poss re-entry
1113
if TLT tlt hits 120.60, should see the 121 trgt quickly thereafter, last 120.42
1110
121 and 122 are TLT trgts initially
1020
fwiw,,,oil moving lower, and TLT moving higher, could present problems for SPX bulls
1019
alt, there are 3x etfs like TMF also but has lower volume
1018
tlt may be ready to pop higher here, tlt long or tbt short could work here for either swing or scalp
951
in TLT 120.36,m,, TLT is 1x long,,,TBT is 2x short,,, so need more shares in TLT to mimic 2 or 3x
948
i will buy TLT 120.12 limit if filled, last 120.34,,may pay higher price later if no fill
945
ES at impt test here now at 1250 resist,,,trying to break higher,,,longs might want to watch carefully and tighten stops in case it is rejected here
943
oil moving lower, still holding oil shorts via SCO swing,,,tested yest low with a small break lower, watching reactions in this area 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".
Wednesday, December 28, 2011
Trading Individual Stocks in addition to Indices (DIA, SPY, QQQ)
I will possibly add more commentary here later. For now, some quick thoughts:
My posts often feature stocks from the Dow Jones 30 (as well as other Top 100 stocks, and small cap individual names as well). This post focuses on the Dow.
The charts below show daily, one year charts, but the same principles apply to shorter timeframes such as 60 minute charts. Trading high volume individual stocks is suitable for holding times from hours to months.
The charts below show how trading individual stocks (for multi-day swings, to multi-month positions) can easily outperform the S&P 500 (SPY), The Dow Jones (DIA), and the Nasdaq / Tech (QQQ).
For example, for longs, MCD McDonalds is up 30% this year, vs. 4.7% for the Dow (with SPY at 1% loss and QQQ up 1.68%).
Visa up 42%!
For example, for shorts, AA is DOWN 44% this year. Tremendous profits for those short AA.
In the Charts below, the Dow Jones is the blue line, for comparison. 1 year, daily charts.
Stocks in the charts below are currently in my focus list, which changes from time to time.
Bullish Stocks 1 of 2 (double click chart for larger full size)
Bullish Stocks 2 of 2 (double click chart for larger full size)
Bearish Stocks 1 of 1 (double click chart for larger full size)
Current Focus List for Dow.
* 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".
My posts often feature stocks from the Dow Jones 30 (as well as other Top 100 stocks, and small cap individual names as well). This post focuses on the Dow.
The charts below show daily, one year charts, but the same principles apply to shorter timeframes such as 60 minute charts. Trading high volume individual stocks is suitable for holding times from hours to months.
The charts below show how trading individual stocks (for multi-day swings, to multi-month positions) can easily outperform the S&P 500 (SPY), The Dow Jones (DIA), and the Nasdaq / Tech (QQQ).
For example, for longs, MCD McDonalds is up 30% this year, vs. 4.7% for the Dow (with SPY at 1% loss and QQQ up 1.68%).
Visa up 42%!
For example, for shorts, AA is DOWN 44% this year. Tremendous profits for those short AA.
In the Charts below, the Dow Jones is the blue line, for comparison. 1 year, daily charts.
Stocks in the charts below are currently in my focus list, which changes from time to time.
Bullish Stocks 1 of 2 (double click chart for larger full size)
Bullish Stocks 2 of 2 (double click chart for larger full size)
Bearish Stocks 1 of 1 (double click chart for larger full size)
Current Focus List for Dow.
BEARISH
***AA
***BAC
***HPQ
***JPM
BULLISH
***MCD
***IBM
***HD
***KFT
***PFE
***BA
***VZ
***WMT
***V (not in Dow but in this list 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".
Wede thoughts
330
tza new highs,,,watching what it can do,,,posted b4 new highs poss in last 2 hours,,nothing fantastic yet, marginal only, but watching these reactions now
318
if 1244 es breaks, same trgts
246
73.47 IWM below the market may trigger selling, could do tza there (agressive_),,
243
if that ES 1243 breaks,,,could get nice downside continuation here
227
still holding sco (short oil)
226
scalp gave 27 cents on tza, about 1% profit in 30 minutes,,still holding swing tza for now
218
2677 tite stop makes sense if scalping tza
217
tho a volume divergence in oil may be forming now,unconfirmed, needs more time
217
oil also moving lower, and no volume diverg on oil yet, so still lower likely for swings
212
tighten stops if scalping tza from 2650,,looser for swings...this time of day,,,tza could make new highs,,2675 last
201
tza 2650 agress could work here
201
es 1248 sell signal warning 73% confid atm just triggered
144
from a swing perspective, tza 60min chart is only in "warning mode"...it will usually retest such warnings higher first
143
i have a "wait on more tza" setup,,,but holding half still
111
so 1244--1250 zone for es atm, until it breaks either way
111
conversely the 60min es is trying to form a BULL harami bounce candle pattern, so if it formed, that would negate the 15min pattern
107
the 15min ES has a modified bearish 5 methods continuation candle pattern on it, but not confirmed yet
100
(using distance between the 2 boll bands approx, tho doesnt line up with horiz or trendline resist)
1256
2730 intereim TZA trgt on break over 2693
1242
watching for poss tza entry at ES 1250-1251, see what it looks like
1227
poss tza long setup forming in 1--6minutes
1159
1240--1243 ES is its breakout higher area (from last wednesday/thurs),,,bulls need to hold that support else risk 1222 lower
1145
tza just hit 2688 swing trgt 2,,,,still have same higher ones
1144
ES is at 1245,,near the 1244 sell signal trgt,,,watching reactions here
1137
cl futures 60min chart does not have a volume diverg yet,,,heavy selling all 3 candles so far, suggests lower oil eventually
1134
Oil had a small break under yest low while i was typing, watching reactions now
1134
oil has enough momentum, and is volatile enough, to break yesterdays low on first test try---watching reactions now
oil has enough momentum, and is volatile enough, to break yesterdays low on first test try---watching reactions now
1132
oil sco is rocking now, up almost 4%,,near its swing trgt 1 but still far from trgt 2 higher
1127
oil---USO has a small break below yesterdays low,,,cl futures have not test its yest low yet,likely soon
1125
marginal break lower in DIA dow,
1124
heres the mini pullback to test ES support intraday,,,needs to hold 1248 else 1244 trgt
1052
sell alert on es at 74 % for intraday small move lower
1039
if tza can get over 2685 resist, and then get over 2717, trgt 2796ish
1038
tza hit 26.48,,,last 2663, still in, last 2666
1028
tight stop on half of tza now, at 2646,,, last 2655,,tight stop on half of tza now, at 2646,,, last 2655
1027
bulls need to hold es 1250 else 1244 lower likely test here
1021
TZA hit 2649, so considering the 2633 and 2649 trgt of resist as being hit,,,small candles here suggest higher tza still if it can consolod at resist, for next swing trgt higher
1003
ES 900am--10am vol higher today than yest but lower than last Mon,tues,wed vol
958
*2633--2650 first resist
957
watching reaction at tza 2645--2650 area of first resist,then 2690, then 2820
956
oil shorts may require holding a few days,swing,SCO
944
oil is moving lower nicely,
* 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".
tza new highs,,,watching what it can do,,,posted b4 new highs poss in last 2 hours,,nothing fantastic yet, marginal only, but watching these reactions now
318
if 1244 es breaks, same trgts
246
73.47 IWM below the market may trigger selling, could do tza there (agressive_),,
243
if that ES 1243 breaks,,,could get nice downside continuation here
227
still holding sco (short oil)
226
scalp gave 27 cents on tza, about 1% profit in 30 minutes,,still holding swing tza for now
218
2677 tite stop makes sense if scalping tza
217
tho a volume divergence in oil may be forming now,unconfirmed, needs more time
217
oil also moving lower, and no volume diverg on oil yet, so still lower likely for swings
212
tighten stops if scalping tza from 2650,,looser for swings...this time of day,,,tza could make new highs,,2675 last
201
tza 2650 agress could work here
201
es 1248 sell signal warning 73% confid atm just triggered
144
from a swing perspective, tza 60min chart is only in "warning mode"...it will usually retest such warnings higher first
143
i have a "wait on more tza" setup,,,but holding half still
111
so 1244--1250 zone for es atm, until it breaks either way
111
conversely the 60min es is trying to form a BULL harami bounce candle pattern, so if it formed, that would negate the 15min pattern
107
the 15min ES has a modified bearish 5 methods continuation candle pattern on it, but not confirmed yet
100
(using distance between the 2 boll bands approx, tho doesnt line up with horiz or trendline resist)
1256
2730 intereim TZA trgt on break over 2693
1242
watching for poss tza entry at ES 1250-1251, see what it looks like
1227
poss tza long setup forming in 1--6minutes
1159
1240--1243 ES is its breakout higher area (from last wednesday/thurs),,,bulls need to hold that support else risk 1222 lower
1145
tza just hit 2688 swing trgt 2,,,,still have same higher ones
1144
ES is at 1245,,near the 1244 sell signal trgt,,,watching reactions here
1137
cl futures 60min chart does not have a volume diverg yet,,,heavy selling all 3 candles so far, suggests lower oil eventually
1134
Oil had a small break under yest low while i was typing, watching reactions now
1134
oil has enough momentum, and is volatile enough, to break yesterdays low on first test try---watching reactions now
oil has enough momentum, and is volatile enough, to break yesterdays low on first test try---watching reactions now
1132
oil sco is rocking now, up almost 4%,,near its swing trgt 1 but still far from trgt 2 higher
1127
oil---USO has a small break below yesterdays low,,,cl futures have not test its yest low yet,likely soon
1125
marginal break lower in DIA dow,
1124
heres the mini pullback to test ES support intraday,,,needs to hold 1248 else 1244 trgt
1052
sell alert on es at 74 % for intraday small move lower
1039
if tza can get over 2685 resist, and then get over 2717, trgt 2796ish
1038
tza hit 26.48,,,last 2663, still in, last 2666
1028
tight stop on half of tza now, at 2646,,, last 2655,,tight stop on half of tza now, at 2646,,, last 2655
1027
bulls need to hold es 1250 else 1244 lower likely test here
1021
TZA hit 2649, so considering the 2633 and 2649 trgt of resist as being hit,,,small candles here suggest higher tza still if it can consolod at resist, for next swing trgt higher
1003
ES 900am--10am vol higher today than yest but lower than last Mon,tues,wed vol
958
*2633--2650 first resist
957
watching reaction at tza 2645--2650 area of first resist,then 2690, then 2820
956
oil shorts may require holding a few days,swing,SCO
944
oil is moving lower nicely,
* 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, December 27, 2011
Tues thoughts
322
compare 15min and 3min VXX to ES,,is bearish for spx es
301
"someone" starting to buy puts?
300
intraday VXX:SPX diverg bearish for spx intraday charts
229
still at 72% confid sell on ES<,,,no change so far
221
first entry was around 14% profit using SCO,,,but need to give it time,,,oil moves suddenly down so need to "be in" a bit early
220
USO daily has a 3x bear diverg on price:rsi and price:macd, which suggests short oil swings could do very well on second entry,,first entry was around 14% profit using SCO
123
theres the 1260.75,,,watching for 1259 now
122
if es tests 1260.75,,likely will go lower to test 1259
106
72% confid on es sell signal
100
now past 1:00pm,,,watching ES to see if breaks 1259 intraday
1258
*1259
1257
at 1pm, es is likely to be over 1260, but could break a few minutes later lower,,,if under 1260 at 1pm in 3min may see some selling earlier sooner
1253
at 1262,ES sell signal at 70% confid, may move to 74% in next 2-12 minutes,,,needs 85% to really move
1244
6647 below the mkt short on CLX could work if it breaks, 6687 last
1242
if tza over 2553 suggests 2575 test,,,if it can get over 2580 it can move toward swing target territory
1229
101.30--103.50 oil futures resist CL
1228
additional oil shorts, swing, could work on next pop higher,,,or on a break of support lower,,,where i'll prob add sco
1228
753/754 TF resist
1223
they may try to sweep some stops by hitting under 2550 first
1221
tza 2552 here couild work, scalp or swing
1033
areas to poss add to short positions: ES 1259 below the mkt, or above mkt at 1267,,,, last 1263
1032
charts suggest short side to me, for multi-day /weeks swings, in spx, russel, oil
* 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".
compare 15min and 3min VXX to ES,,is bearish for spx es
301
"someone" starting to buy puts?
300
intraday VXX:SPX diverg bearish for spx intraday charts
229
still at 72% confid sell on ES<,,,no change so far
221
first entry was around 14% profit using SCO,,,but need to give it time,,,oil moves suddenly down so need to "be in" a bit early
220
USO daily has a 3x bear diverg on price:rsi and price:macd, which suggests short oil swings could do very well on second entry,,first entry was around 14% profit using SCO
123
theres the 1260.75,,,watching for 1259 now
122
if es tests 1260.75,,likely will go lower to test 1259
106
72% confid on es sell signal
100
now past 1:00pm,,,watching ES to see if breaks 1259 intraday
1258
*1259
1257
at 1pm, es is likely to be over 1260, but could break a few minutes later lower,,,if under 1260 at 1pm in 3min may see some selling earlier sooner
1253
at 1262,ES sell signal at 70% confid, may move to 74% in next 2-12 minutes,,,needs 85% to really move
1244
6647 below the mkt short on CLX could work if it breaks, 6687 last
1242
if tza over 2553 suggests 2575 test,,,if it can get over 2580 it can move toward swing target territory
1229
101.30--103.50 oil futures resist CL
1228
additional oil shorts, swing, could work on next pop higher,,,or on a break of support lower,,,where i'll prob add sco
1228
753/754 TF resist
1223
they may try to sweep some stops by hitting under 2550 first
1221
tza 2552 here couild work, scalp or swing
1033
areas to poss add to short positions: ES 1259 below the mkt, or above mkt at 1267,,,, last 1263
1032
charts suggest short side to me, for multi-day /weeks swings, in spx, russel, oil
* 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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