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Trades for 07/31/2007 Tuesday

Globex > Support 1475-77, buying bias, target 1485, 89, 94.

06:30> Support 80, 84, buy side, target 95, 00

08:38> Stop 1492, short side, target 82-81 and 80 support for buy. (MA shorted above 90)

10:25> Resistance 91-92 again for short side; 1479 breakout for target 1470.

10:34> Agg stop 1488.50, short side.

10:45> Stop 1486, if bounce again, target 81.50; uf 1480 broken = breakout down side.

11:25> Agg stop 83.50, short side, target 1474; 73.50 violation = target 1460.

12:40> Short resistance 1478-79...

12:38> I favors short side and trailing 1476; if  68 broken, then target 1460 and 55.

[Result: High 1495.75, low 1456.50, close 1462.50]

 

Trades for 07/30/2007 Monday

06:30> Resistance 1467, 1471, short side; Support 1460, buy side.

07:04> Resistance 1471, short side, target

08:07> Resistance 71, short side, 64.50 breakout for target 60. Can use agg stop 1467, target 61-61.50.

09:40> Support 60, 63, buy side, target 73-75

10:00> Support 60, 63, buy side, target 1473

11:11> Stop 71-72, buy side, target  1482-85

12:30> Can short after 12:30 from 1485 area.

[Result: Globex low 1455, day low 60, high 1484.75, close 1480.75]

Trades for 07/27/2007 Friday

Globex > Stop 1492, short 1491, target  support 1477; 1465 not ruled out.

05:40> Short resistance 1588

11:30> Resistance 1591-92, still for shorting.

12:27> Short 1582.

[Result: High 1496, low 1457, close 1458.25]

Trades for 07/26/2007 Thursday

Globex > Support 1524 buy side; resistance 31; if 1524 broken, then short side bias for target  1516.50, 1510.50 and 1507.50 targets.

Globex-MA> Short 24.50 area with 25.50 stop, target 16.50; then move trailing to 19.75-20, short again for target 10.50, 07.75

03:00AM> Resistance 1525, short side, target 1516.50, 1510.50 and 1507.50

06:30> Resistance 1514, 18, shorting bias, target 1510

07:00> Resistance 1514, 18, shorting bias, target 1510

08:00> 1505 violation, just dump dump for target 99-98; and 1500 resistance for target 1492; then reverse to long from 1492 for target 1498-99

09:00> Resistance 1503, 04, short side, target 1488.

09:23> Resistance  resistance 1500, short side target 1490-89

10:30>  1584 violation = short side target 1575.

10:56> Resistance 1489, short side, target 1575 (Keep in mind, big players are buying position)

11:00> Resistance 1490-92, short side, target 1477; target 1486 before 11:45.

11:44> stop 82.50, short bounce; 1482 stop trailing for target 1472.

12:25> Resistance 1497 for shorting.

13:00> Short 1494 now, for target 89 and 84.

[Result: High 1529.50, low 1471, close 1488]

Trades for 07/25/2007 Wednesday

Globex > Short Globex 26 - 27.50 (28.25 stop); Globex resistance 27.50; day session resistance 1531.

06:30> Resistance 1531 for short side; support 25.

07:30> Resistance 1525 short side; support 1510 for buy side.

08:30> Support 10, 16, 20, buy side; resistance 26, 31

09:30> Support 16-17, buy side.

10:00> Support 16; resistance 25

12:15> Support 1520, buy side, target 1533

[Result: Low 1510.50, high 1531.25, close 1524.50]

Trades for 07/24/2007 Tuesday

Globex 04:08> Watch out !! Globex behavior is not bullish. If momo is not getting better, market will turn bearish. Buyers (options, stocks, etc.) from last Friday, exit long !!

04:10> Stop 1550, shorting bias, target 1537, 1532.

06:30> Any long (stocks or SP options) from last Friday, just exit !

07:43> Short 43

07:45> Support 37; resistance 1544.

07:56> Short above 1543, target 1537 and 1532

08:21> Just hold short for target 37.50

08:26> I prefer hold short for lower low.

08:38> If you covered, short again with 1540 stop, target 32-31.

09:00> Resistance 1540, short side, target  1532-31.

09:40> Support 36, buy side, target 42-44; Resistance 46, short side.

10:21> Short 1539.

10:45> Agg stop 1541, shorting bias, target 31; then scalp buy side with 30 support for 4-5 points.

12:15> Resistance 1531, short side, for MOC down.

[Result: Globex high 1551.75, Day high 43.75, Low 1516.75, close 1522]

Trades for 07/23/2007 Monday

Globex> Support 37, 43 for buy side; Resistance 50.50, short side.

06:30> Support 1546, buy side, target 1564; Resistance 1554 for short scalping, target 48.50-47.50

07:00> Stop 1546, try to buy after 7:30.

10:30> Stop 1547.50, try to buy after 11:20.

[Result: Globex low 1543.25, Low 1547.50, high 1556.25, close 1549.25]

Trades for 07/20/2007 Friday

Globex> Stop 1560, shorting bias, target 1443-1440. (stopped out)

06:30> Stop 1559.50, shorting bias, target 1443-1440.

08:00> Stop/trailing 53.50, shorting bias, target 1540-1538 before 11:00am PST.

09:00> Resistance 1546, short again.

10:00> Support 1536, buy side, target 1542.

11:00> Stop 1548.50, short again. (stopped out)

11:30> Short one more time after 12:00 using 1550.50 as stop for shorting again.

11:36> Agg stop 1550.50 for short side.

12:10> Stop 1548.50, short after 12:30, target 1540.50.

[Result: Globex low 1555.25, Low 1557.25, high 1561.75, close 1545]

Trades for 07/19/2007 Thursday

06:30> Support 1556, buy side; resistance 1568, short side.

06:31> Agg stop 1568, short side, target 1558.

07:30> Stop 1557, buy side.

[Result: Globex low 1555.25, Low 1557.25, high 1565, close 1560.25]

Trades for 07/18/2007 Wednesday

Globex> Support 1542, 1547; res 1558, 1562.

06:30> For buy side one support at 42, one support at 47 target 60-61; possible closing 60.

07:00> Resistance 1558 for short side.

07:47> OK, buy now at 1547 with 1546 stop, target 1554-56. Then reverse to short again. Target 1543 either today or tomorrow.

08:37> Resistance 1550 for shorting bias.

09:30> Resistance 1550 short again risking 1 point.

Afternoon> Stop 1550, short again, until stopped out. (1/2 profit, 1/2 Stopped out)

[Result: Low 1542.50, high 1558, close 1555.25]

Trades for 07/17/2007 Tuesday

Globex> Resistance 62.50, shorting bias, target 56-55. This week's low will be at 1543-1540 area

06:30> Repeat yesterday's range

07:30> Resistance 1568.50, short side.

11:30> Resistance 1566.50, try to short after 12:00, target 61.75 testing.

[Result: Globex high 61, Globex low 55, Low 1557.25, high 1565, close 1558.75]

Trades for 07/16/2007 Monday

06:30> Possible repeating last Friday's range 1565.50-1563.50; this week's low will be at 1543-1540 area

09:00> Expecting possible reversal (down side) at 10:45 .

Final Hour> Today's range will repeat tomorrow; this week's low will be at 1543-1540 area

[Result: Low 1556.50, high 1566.25, close 1559.25]

Trades for 07/13/2007 Friday

Support 1550, still buying bias, target 1570 if report is good. Resistance 1570 for scalping 7-8 points. If report is not as expected, and 1550 holding, then still buying bias.

[Result: Low 1553.50, high 1565.75, close 1550]

Trades for 07/12/2007 Thusday

Globex> Support 1527, buy side, target 1538, 42; Res 35 for scalping

06:30> Support 1531, buying bias, target 1538-39

08:30> Support 1542, buy side, target 1548-49, 1552

10:00> There is a pull back at around 10:50~11:00, can scalp the short for target 1545.50; then reverse to buy side for target higher high 1549.50 and trailing for target 1553. Market should close MOC high.

[Result: Low 1529.75, high 1559, close 1555.25]

Trades for 07/11/2007 Wednesday

Globex> Resistance 1522, 1527, for shorting bias, target 1516 (sure target); if 1522 broken, then exit short and short higher with 26-27 resistance for target 1516.

Globex> Then Stop 1514, buy 1515.50 for target 1525-26 and 30 not ruled out.

06:30> Support 11, 15 buying bias; resistance 25, 30 for short scalping

07:30> Support 1519, buy side, target 1528.50. (Hold long for position and sclaping short)

08:30> Support 1522, buy side, target 1530-33.

10:00> Support 1522; resistance 1527.50.

10:40> Support 1524, buy side.

11:00> Support 1522; resistance 1530.

[Result: Low 1515.25, high 1531.75, close 1531.50]

Trades for 07/10/2007 Tuesday

Globex> Resistance 47; support 37.

06:30> Stop 1542, shorting bias, target 1532.

07:30> Resistance 1535.50, short side. (1/2 profit, 1/2 stopped out)

09:15> Stop 1537.75, shorting bias, target 1526...

11:00> Stop 1531, short bounce (above 1529) again, target 21-20.

12:50> Stop 1523.75, short again, target 18. (Take 1/2 below 21.50)

[Result: High 1544, low 1519, close 1520.25]

Trades for 07/09/2007 Monday

Globex> Support 37, buy side; resistance 47, short scalping

06:30> Stop 1540, buy side; can scalp short side with 1546 stop for target 1541. (Buy side stopped out. (MA bought from 1538.75)

07:40> Side line.

10:08> This 42.50-41.50 could be closing range.

[Result: Low 1538, High 1546, Close 1542.50]

Trades for 07/06/2007 Friday (NPF 132K vs 125K)

Globex> Support 29, 32; Resistance 39, 43.

06:30> Stop 1530.25, buy side.

07:30> Support 1533.50, buy side.

08:30> Stop 1535.50, buy side

[Result: Low 1531.25, High 1544, Close 1542.50]

Trades for 07/05/2007 Thurday

Globex> Support 1532, buy side

06:30> Resistance 1539, 41; support 32, 29

09:00> Resistance 1535.50, short side, target 1529.

10:00> Resistance 1535, short side, target 1529

10:07> Possible closing range 34.50-35.50.

[Result: Low 1528.50, High 1540.75, Close 1534.50]

Trades for 07/03/2007 Tuesday  (We carrying long from yesterday)

Globex> Support 27, buying bias; resistance 36 for scalping.

06:30> Support 30, 32, buy side.

07:00> Agg stop 32, buy side.

[Result: Globex low 30.75, Day low 1532.50, high 1537.75, close 1536.25]

Trades for 07/02/2007 Monday

Globex> Support 1512, buy side; resistance 22.5.

06:30> Stop 1520.25, buying bias, target 1530, 34; just hold long thru tomorrow.

07:30> Stop/trailing 1522, buying bias, target 1530, 1534; just do NOT cut profit short !

[Result: Globex low 1514.75, Day low 1520.75, high 1532.75, close 1531]

Trades for 06/29/2007 Friday (HUGE PROFIT DAY)

Globex> Short 1521, target 1512.

06:30> Stop 1518, buying bias, target 1528-29 again; then resistance 1530 for shorting.

08:30> Stop 1527.50, shorting bias, target gap filling17-16 target.

09:30> Then use 1515 stop for buy side scalping, target 19. (scalped twice)

10:30>   Short 1521, target 1513.50.

11:00>  Just HOLD SHORT and DO NOT CUT PROFIT until it hit 1513.50

11:30> Stop 20.50, shor again, target 1512

12:13> Short short short, take quickie profit then short again with 10.50 stop for lower low target 1504.50.

[Result: Globex high 1521, Globex low 1512, day high 1530.25, low 1504.50, closing 1517.50.]

Trades for 06/28/2007 Thursday

Globex> Support 1512-13, buying bias, next target 1528.

06:30> Support 1513.50, buy side, target 1524, 28. If not rate hike than target 1528 is a must.

10:30> Support 17 buy side; resistance 1528.50 for short side.

After FOMC> Buy 1518 with 17 stop, target 1526; resistance 1529 for short side.

[Result: High 1528, low 1515.50, closed 1517.25]

Trades for 06/27/2007 Wednesday

Globex> Resistance 1505 short side; IF plunges to 1492 just buy 1492 at Globex.

06:30> stop 99.50, short . (stopped out, no more short)

06:54> Stop 1497, buying bias, 1504 is a must.

10:00> Support 1502-03, buying bias; resistance 1510 for sclaping.

11:00> Support 1506, buying bias.

12:00> Support 1508, buying bias, target 1517 tomorrow if not today.

[Result: Globex low 1492, High 1520, close 1518.75]

 

Trades for 06/26/2007 Tuesday

06:30> Stop 1519.25, short first, target 1510.50;

07:30> Then reverse to long with 1509 stop, target 14-15.

09:11> Resistance 1520 for short scalping, target 14.50.

11:13> Resistance 1513-14, short side, target 1506, 1503.

11:30> Then support 1500-1501 for buy side, target 08-09.

11:53> Resistance 1511-10, shorting bias, target 1502.50. Then support 1500-01 for buy side.

12:22> Resistance 1511, short bounce again; 1502 breakout for 1498-95.

Final hour> If market plunges to 1492 at Globex, just buy.

[Result: High 1519.50, low 1497.25, close 1498]

 

Trades for 06/25/2007 Monday

Globex> Resistance 1524, short side;  Support 1510-11, buy side; 10 breakout for 1506.

06:30> Stop 16, buy side, target 22. (stopped out); 16 breakout down side.

06:44> Stop 1509.50, buy side; 1517 resistance and breakout pivot for target

07:00> Break out at 1516.50 for up side; stop 1512,

07:15> Stop 1515, buying bias, target 18-30.

10:00> Stop 1522, buy side (stopped out)

11:23> Stop 16, for buy side and breakout forl testing 1510.50.

12:00> Stop 1512, short side target 1505.

[Result: Morning low 10.50, day low 1505, High 1538, close 1513.50]

Trades for 06/22/2007 Friday

Globex> Support 1528.50, buy side; resistance 1538.50, 1544.

06:30> Stop 1533.50, shorting bias.

08:00> Stop 1529.75, shorting bias, target 1518.

09:14> Stop 1524 violation breakout for shorting target 1515

09:30> Cover short 1515 and short bounce again with 1522 stop.

10:00> Today's closing should be at 1520-22 range; buy with 11 support for 20-22 closing.

11:00> Resistance 1524, short 1522, target 1514-12.

12:00> JUST hold the short and do NOT cover before 1513.50.

12:20> Short 1521.50-22.50 (MA), just hold the short for 14-12.

[Result: Low 1513.50, High 1536, close 1520.75]

Trades for 06/21/2007 Thursday

Globex> Resistance 1532.50, short, target 1521.50

06:30> Stop 1529, short again, target 1522-20; then buy with 20.25 stop; if stopped out, do NOT get frustrated with 1 point loss, try to buy 1518;

06:55> Then stop 1517.50, reverse to buy side from 18-19 for target 1532 and 1538.

08:00> Resistance 33-35 for shorting

09:00> Support 1522, buy side.

11:00> Short 1535.50, target 1530; below 1530, reverse to buy side with 28.50 stop, target 37-38.

[Result: Low 1518, High 1537, close 1535.75]

 

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