04/18/2011 Intraday Watering

[Cobra]

OK, I cannot see chart here, don't know what's going on now. Thank you guys, I'll see you tomorrow.

[rptrader]

if mkt not to close above $spy 130.59 that's bearish.
Stay with short

[pablorynx]

Open 130.42
High 131.31
low 130.36
Close 130 4467

[jamesmith]

OK, I cannot see chart here, don't know what's going on now. Thank you guys, I'll see you tomorrow. :mrgreen:

Thank you, see ya :mrgreen:

[Travelfrog]

Can someone please post the details of the phantom bar minute on the SPY. The phantom bar does not appear on my SPX charts.

Phantom high
High
Close
Low

Am interested to see if it has any bearing on todays action.

I wood not trade based on phantom bars. Go by the mkt daily /Hourly trend.

Kena,

I do not trade on phantom bars, just curious to see if they have any deeper meaning. Either accidental or with intent.

[Travelfrog]

Ok,

Phantom bar,

High 1313.1
close 1304.5

8.6 points difference

1304.5 - 8.6 = 1295.9

What was the low of the day on the SPY anywhere near 129.59?

Possibly signaling that the low of the day was already in at 129.5, or that the high will be at 131.3 tomorrow. Lets see if this plays out.

[stocksage]

Everyone here gets all fking excited when all we did is hit the 50% fib today. lol. 61.8% is at 128.63.

[bigpig]

since we broke friday's lows, now the sistem will be short if we close in red correct? so its safe to bet on the short side? thanks