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02/15/2011 Intraday Watering

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EvilTrader
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Re: 02/15/2011 Intraday Watering

Post by EvilTrader »

Hi All

Bearish Flag forming on intraday SPY ??
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

OK, good H2 bull, congratulations. Now what? Double Top pullback?
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PLMT
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Re: 02/15/2011 Intraday Watering

Post by PLMT »

second leg is coming
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

EvilTrader wrote:Hi All

Bearish Flag forming on intraday SPY ??
I won't see that's bearish on 5 min chart. Or you mean that rising wedge?

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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

Trendline support. I won't hope too much here though.
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ContangoKid
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Re: 02/15/2011 Intraday Watering

Post by ContangoKid »

Crude oil hitting a new low for the year - currently fighting to stay above $84.
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99er
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Re: 02/15/2011 Intraday Watering

Post by 99er »

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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

Too bad, now let's see if the morning low could hold.
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simpletrader
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Re: 02/15/2011 Intraday Watering

Post by simpletrader »

still early to tell
qianshui
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Re: 02/15/2011 Intraday Watering

Post by qianshui »

second leg down?
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rbharol
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Re: 02/15/2011 Intraday Watering

Post by rbharol »

What happened to BTFD buyers today? Or will they show up half an hour before the close?
Somebody is watching you..
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PLMT
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Re: 02/15/2011 Intraday Watering

Post by PLMT »

qianshui wrote:second leg down?
:mrgreen:
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

Incoming. I think the morning low will be broken, the question is how? Decisively or just a stop run?
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

rbharol wrote:What happened to BTFD buyers today? Or will they show up half an hour before the close?
I doubt that, this is the 5th time.

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simpletrader
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Re: 02/15/2011 Intraday Watering

Post by simpletrader »

rbharol wrote:What happened to BTFD buyers today? Or will they show up half an hour before the close?
what is btfd?
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

OK, measured move, if this is A=C kind of pullback the target is at dashed blue line and the red MA. If this is C = A*61.8% then it's right on the target.
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RedCedar
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Re: 02/15/2011 Intraday Watering

Post by RedCedar »

Thanks Cobra!!
slcgh
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Re: 02/15/2011 Intraday Watering

Post by slcgh »

hi. COBRA. This page the time looks isn`t right. Would you check it?
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

Weak rebound or consolidation would mean a breakdown of the morning low. Let's wait and see. Just don't hope that the last hour buy'd come in, as this is the 5th time and I happens to know the 3rd time is the charm.
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

slcgh wrote:hi. COBRA. This page the time looks isn`t right. Would you check it?
Later. I don't know all the settings yet.

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