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06/20/2011 Intraday Watering

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Cobra
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Re: 06/20/2011 Intraday Watering

Post by Cobra »

so far goes exactly as L2 suppose to do, now key time, the green line must hold. :evil:
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Cobra
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Re: 06/20/2011 Intraday Watering

Post by Cobra »

there's no turning back, bulls must hold here. :twisted:
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99er
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Re: 06/20/2011 Intraday Watering

Post by 99er »

SPX
Room to run.
http://99ercharts.blogspot.com/2011/06/spx_7671.html
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Cobra
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Re: 06/20/2011 Intraday Watering

Post by Cobra »

i'm not very optimistic about bulls, judging by green and pink.
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Cobra
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Re: 06/20/2011 Intraday Watering

Post by Cobra »

normally, this should be a 2 legged pullback (5 min chart only), now it's the very first.
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HK88
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Re: 06/20/2011 Intraday Watering

Post by HK88 »

1280= line in the sand
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Anaconda
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Re: 06/20/2011 Intraday Watering

Post by Anaconda »

99- what's your take on precious metals? You posted a Wolfe Wave on Friday. Can you post update?
TIA.
A
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Tabby
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Re: 06/20/2011 Intraday Watering

Post by Tabby »

Bespoke published this today. I have been watching some coffee stocks today. Keep "JCOF" on your watchlist for tomorrow if you buy penny stocks.It MIGHT have another run tomorrow.
http://www.bespokeinvest.com/thinkbig/2 ... pshot.html
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HK88
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Re: 06/20/2011 Intraday Watering

Post by HK88 »

Guess bears attacked a bit too early...
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Cobra
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Re: 06/20/2011 Intraday Watering

Post by Cobra »

good rebound. now the chart doesn't look bearish anymore. (intraday chart only)
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BullBear52x
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Re: 06/20/2011 Intraday Watering

Post by BullBear52x »

Cobra wrote:good rebound. now the chart doesn't look bearish anymore. (intraday chart only)

Bulls really need it, well, Thanks Cobra and everyone here with your insight, later....
My comments are for entertainment/educational purpose only. NOT a trade advice.
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StrikePrice
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Re: 06/20/2011 Intraday Watering

Post by StrikePrice »

I guess the Bulls will need to do their typical gap over the Bears as the 50MA on the hourly was defended well today.

Overnight should be interesting.
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99er
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Re: 06/20/2011 Intraday Watering

Post by 99er »

Anaconda:

Silver looks better in a bearish pose.
http://99ercharts.blogspot.com/2011/06/silver_4456.html
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Cobra
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Re: 06/20/2011 Intraday Watering

Post by Cobra »

well, guess that's it for today. very short-term is not bearish, may see another push up tomorrow, but a little bit bigger picture, i still think this is a sell-able bounce. thank you guys, i'll see you tomorrow.
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Anaconda
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Re: 06/20/2011 Intraday Watering

Post by Anaconda »

99er wrote:Anaconda:

Silver looks better in a bearish pose.
http://99ercharts.blogspot.com/2011/06/silver_4456.html
Thanks. Really appreciate the charts. Confirms my outlook. I have target of $26, short term.
Best,
A
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MajorEasy
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Re: 06/20/2011 Intraday Watering

Post by MajorEasy »

3 bars per day regular nyse session
your guess is as good as mine....
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the market's goal is to distribute the wealth of many to as few hands as possible
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MajorEasy
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Re: 06/20/2011 Intraday Watering

Post by MajorEasy »

qqq 3 bars per day
130 minute
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the market's goal is to distribute the wealth of many to as few hands as possible
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