11/18/2011 Intraday Watering

[qtipped]

on second thought, i will release my shorts before weekend...enough stress this week. guess what that means, big gap down on monday cuz i won't have anything.

what's with the negative feelings man? didn't uprofit enough from the 40 points dropped yesterday?

i am my own contrarian indicator!

[joeynickels]

some trendlines.. I lean towards 1190 maybe a sharp move this afternoon, gap down on Monday?, but next week, short trading week, general bullish prior to holiday weekends, fewer pros trading, more retail,1240-50 on the 1/2 trading day next Friday, would not suprise me.

Agree... I think the bottom of the red channel will be reached 1182-1190 at some point soon and validate the 119 p-bar from 11/18

[Tuna1889]

Time for the mid-day visit of the rally fairies. Low volume, OPEX, Friday (plenty of weekend for E.U press conferences) we have seen this story line before.

[uempel]

Crossings of the grid tend to indicate change of direction, same if price touches the dotted red trendline:

[Al_Dente]

Data: nyadv 1497, nydec 1414
Opinion: I’m still on lobster red alert unless/until spy can conquer vwap and nyadv can start acting like an adult (nydec weak but it did confirm last spy lower low)
Intraday update:
http://stockcharts.com/h-sc/ui?s=$NYDEC ... =246211365

[jarbo456]

Crossings of the grid tend to indicate change of direction, same if price touches the dotted red trendline:

34.png

hey uempel, what are the differences in your time series? you're using fib time series and gann lines?

[doda74]

Looking at the Q's, price is riding just above the 3-day upper declining trendline during the last hour or so. If it breaks up, then a move to 56 and then 56.30's is possible.

[StrikePrice]

1:30 buyers come in or is this head fake then down?

[Cobra]

trend line, I won't hope it could hold. the tinted area could be the target, 50 to 50 chances, so basically it's a wild guess.

[Me XMan]

I think we'll see a lower low this afternoon.

trend line, I won't hope it could hold. the tinted area could be the target, 50 to 50 chances, so basically it's a wild guess.

[Al_Dente]

Here’s VWAP where spy is struggling, THREE day view (bulls are trying)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794

And here are some SHORT TERM buy cross STOs on indices (note although STO is based on data, it's all soft averagie and smoothie shite)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[qtipped]

i'm out...tired of watching this....

[Al_Dente]

And some old time religion
http://www.youtube.com/watch?v=_Ek3eCbf ... re=related

[tdo722]

i'd say long the bitch and tight stop loss at $122.01.

[qtipped]

i'd say short the bitch and tight stop loss at $122.01.

she does not want to go down on you...

[jarbo456]

EUR/USD seems to be propping the market...

[tdo722]

i'd say short the bitch and tight stop loss at $122.01.

she does not want to go down on you...

I meant long not short.

[tdo722]

i'd say short the bitch and tight stop loss at $122.01.

she does not want to go down on you...

I meant long not short.

TL broken. next candle go long to be safe.

[cougar]

QQQ today:

[Al_Dente]

Okay then, watch for liftoff above vwap
Spy usually loves to dick around testing vwap and our patience, but maybe not
will check sqz faves