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05/17/2011 Intraday Watering

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Cobra
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05/17/2011 Intraday Watering

Post by Cobra »

Small gap down so the gap may get filled especially I see AUDJPY is so strong and if we're still in year 2009 and 2010 we should see rebound around now according to Sentimentrader:
Yesterday we touched on the jump in the put/call ratio. There have been 6 other times we've seen that since the 2009 bottom, and the S&P fell at least -0.5% the next day (today). During the next four days the S&P rebounded at least 1% each time but once (a loss of -0.3%).

There have also now been 3 daily lower highs on the S&P, each on consecutively lower volume (using the S&P 500 SPDR, SPY). In that fund's history, this has occurred 20 times, 17 of which led to a rebound over the next two sessions averaging +1.1%.

Since the 2009 bottom, there have been 9 times the VIX index jumped at least 6% two days in a row, as it has now. Over the next two days, the S&P was positive 7 times, with an average of +0.7%. The last 6 occurrences, dating back to January 2010, were all positive and only one had a drawdown more than -0.2%.
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Institutional actions from StockTiming.
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maldini
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Re: 05/17/2011 Intraday Watering

Post by maldini »

good morning cobra
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KENA
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Re: 05/17/2011 Intraday Watering

Post by KENA »

The NYSEBP Dorsey Wright Point & Figure charts did turn to "0". The mkt now has turned to dn trend and will last for several weeks.We will have green days and up moves but then reversal to moving dn to another low. Also the NYSI is moving down.I have been following these for a long time and they are lots more right then wrong. Sooo BEARS get ready for some good moves.Wait and see.
agnosia
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Re: 05/17/2011 Intraday Watering

Post by agnosia »

morning,.... i got a falling wedge on the 60 /es .. next trendline is near 1315.
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Cobra
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Re: 05/17/2011 Intraday Watering

Post by Cobra »

the open.
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Cobra
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Re: 05/17/2011 Intraday Watering

Post by Cobra »

fighting over the Global ES low now.
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Cobra
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Re: 05/17/2011 Intraday Watering

Post by Cobra »

the bottom line, purely from QQQ, the very first rebound would fail. There's no very first rebound yet.
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BullBear52x
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Re: 05/17/2011 Intraday Watering

Post by BullBear52x »

GM,
:mrgreen:
My comments are for entertainment/educational purpose only. NOT a trade advice.
cletus
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Re: 05/17/2011 Intraday Watering

Post by cletus »

bullish on silver until late May, targeting a gap fill to 39 at least
pdz
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Re: 05/17/2011 Intraday Watering

Post by pdz »

Any charts? thanks
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BullBear52x
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Re: 05/17/2011 Intraday Watering

Post by BullBear52x »

don't buy they are jigging the dip buyers right now.
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Tabby
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Re: 05/17/2011 Intraday Watering

Post by Tabby »

Cletus,
what are your reasons?
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Cobra
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Re: 05/17/2011 Intraday Watering

Post by Cobra »

the 3rd hollow red bar in the morning and it's the strongest one. will the 3rd time be different?
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uempel
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Re: 05/17/2011 Intraday Watering

Post by uempel »

Looking for short term support levels for DT:
SPXC.png
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99er
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Re: 05/17/2011 Intraday Watering

Post by 99er »

ES
Believe prices will fall to around 1290 before a significant reversal. The "neckline" beckons.
http://99ercharts.blogspot.com/2011/05/es_17.html
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soku
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Re: 05/17/2011 Intraday Watering

Post by soku »

morning gang.
here is my supports. today es obey my chart :D
what's the chance 1320 cannot hold? what will happen if it happens?
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99er
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Re: 05/17/2011 Intraday Watering

Post by 99er »

EURUSD
There's a neckline somewhere.
http://99ercharts.blogspot.com/2011/05/eurusd_17.html
We'll find it this week.
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BullBear52x
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Re: 05/17/2011 Intraday Watering

Post by BullBear52x »

FAz, basing consolidation.
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KENA
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Re: 05/17/2011 Intraday Watering

Post by KENA »

Still watching CAT for a 2-3 days up but may not get it.
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99er
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Re: 05/17/2011 Intraday Watering

Post by 99er »

COMP
Back testing the rising channel.
http://99ercharts.blogspot.com/2011/05/comp_17.html
Look out.
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