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06/27/2011 Intraday Watering

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jamesmith
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Re: 06/27/2011 Intraday Watering

Post by jamesmith »

Cobra wrote:pullback as i said, but normally, today's high will be at least revisited, very rare the market simply sold off here...
laoda~~ volume is so low today, is it unusual? :?
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

if, i said if, this is the last push up of the day, it could fail at any time, but my snake feeling tells me at least we should see one more higher high, no evidence of course, purely feeling.
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

jamesmith wrote:
Cobra wrote:pullback as i said, but normally, today's high will be at least revisited, very rare the market simply sold off here...
laoda~~ volume is so low today, is it unusual? :?
i think the volume is not bad today.

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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

WhyNot wrote:
Cobra wrote:pullback as i said, but normally, today's high will be at least revisited, very rare the market simply sold off here...
No good bet against you :lol:
thanks. :roll:

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rhight
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Re: 06/27/2011 Intraday Watering

Post by rhight »

Possible 60 min. High on SPX at 1288-1290 sometime tomorrow morning before 60 min cycle down to higher low and then summer rally ensues? Educated guess, not bull or bear here, yet.
Last edited by rhight on Fri Feb 17, 2012 12:19 pm, edited 1 time in total.
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KENA
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Re: 06/27/2011 Intraday Watering

Post by KENA »

I did not trade today but Cobra your calls were good today..Maybe tomorrow
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99er
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Re: 06/27/2011 Intraday Watering

Post by 99er »

SPX
Okay, Bears.
http://99ercharts.blogspot.com/2011/06/spx_5715.html
Back for the selling into the close.
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

consolidation, I don't read it as bearish yet.
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

2 legged down, still i don't read it as bearish, a sharp down from here would be no fun anymore, but I just don't think it'll be the case.
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

bull need a H2 to kill bears in the last 16 min.
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

No H2, but I see volume surge, let's wait the next bar...
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oldpigwang
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Re: 06/27/2011 Intraday Watering

Post by oldpigwang »

Bull need room for Jul 4th rally, till Friday/next Monday. So up/down is needed.
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barbaragull
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Re: 06/27/2011 Intraday Watering

Post by barbaragull »

oldpigwang wrote:Bull need room for Jul 4th rally, till Friday/next Monday. So up/down is needed.
Good thinking, so it better that -300+ (dow) tomorrow :lol: :lol: :lol:
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rhight
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Re: 06/27/2011 Intraday Watering

Post by rhight »

Did anyone notice that SPX stopped today at the 61.8% retrace of Wednesday high to Thursday low?
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Re: 06/27/2011 Intraday Watering

Post by shumushu »

possible gap down tomorrow? bearish engulfing into the close is a sign of a gap down lately.
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Anaconda
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Re: 06/27/2011 Intraday Watering

Post by Anaconda »

rhight wrote:Did anyone notice that SPX stopped today at the 61.8% retrace of Wednesday high to Thursday low?
Yes.

And we still have no 5th wave down from May 2 high.
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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

shumushu wrote:possible gap down tomorrow? bearish engulfing into the close is a sign of a gap down lately.
it's Harami, not engulfing.

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Cobra
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Re: 06/27/2011 Intraday Watering

Post by Cobra »

ok, no time left, still I don't read the pullback as bearish, but no idea about tomorrow anymore. thank you guys, I'll see you tomorrow.
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jamesmith
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Re: 06/27/2011 Intraday Watering

Post by jamesmith »

Cobra wrote:ok, no time left, still I don't read the pullback as bearish, but no idea about tomorrow anymore. thank you guys, I'll see you tomorrow.
thank you cobra laoda, see you tomorrow~~
may the force be with bulls~~
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shumushu
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Re: 06/27/2011 Intraday Watering

Post by shumushu »

Cobra wrote:
shumushu wrote:possible gap down tomorrow? bearish engulfing into the close is a sign of a gap down lately.
it's Harami, not engulfing.

Right, that is correct. =) Btw, thanks for your quality intra-day updates on the market. Its been extremely difficult to trade lately for me and your posts are very helpful.
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