07/05/2011 Intraday Watering

[cheech]

SPY < 10 million shares traded in one hour confirmed bearish. Markets to collapse soon after.

[Dow Trader]

bought Dow 12545

[KENA]

What an amazing reversal in just a few min.

[cougar]

I would like to see the VIX up, leading the charge...DOWN for SPX.
Technically, this would mean VIX breaking the neckline at 16.44 on the way UP. We are almost there, but the move, so far, has no oomph!

[davros]

From marketwatch.com
2:04p Moody's downgrades Portugal to 'Ba2' from 'Baa1'

I think that's nothing.

yes it's nothing, but the market seems to trade off these non-issues so much like it's running around like a headless chicken

[99er]

Honey, how are those travel plans coming?
EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_7692.html
Lisbon?

Cascais, Estoril, Costa da Caparica or Sesimbra are very good choices. Lovely beaches, very good restaurants and near Lisbon

[MajorEasy]

cheech » Tue Jul 05, 2011 12:24 pm
SPY < 10 million shares traded in one hour confirmed bearish. Markets to collapse soon after.

sorry my charting service must be faulty, my charts don't agree.
many mid-day 1 hour bars are less than 10 million.

[BullBear52x]

who got fat finger?

[cougar]

Lisboa Antigua...any time!!!
What a great decadent place.Love it...Fado and vinho verde... at 3 am, in the old city!

[99er]

cougar:

You're my kind of technical analyst!

[pidge66]

close to breaking the 60 min up channel...

so the channel was broken. now we'll have exhaustion bounce backtesting the channel, breaking the HOD, and then I'm going to short the heck out of it.

[TexasGordon]

Nobody's said negative divergence on 60 rsi confirmed or double top.

[StrikePrice]

Did this day just seem to fly by or is that only me?

[WhyNot]

You guys are forgetting the the most beautiful city in the country. Oporto!

My city

Well... I think at least the world stops to talk about Portugal. No more to cut.

[BullBear52x]

here the floor to go bearish DT

[Cobra]

usually, this should be a 2 legged down, but we've seen so many times recently that a sudden drop intraday was bought. Not sure if we're going to repeat this again.

[BullBear52x]

ES trades under 5dma.

[cheech]

A close beneath 1296 within the next 10 trading days is statistically guaranteed, which is a short point gain of 44 pts. Bulls have no such guarantees at this time.

[BullBear52x]

A close beneath 1296 within the next 10 trading days is statistically guaranteed, which is a short point gain of 44 pts. Bulls have no such guarantees at this time.

for sure? money back?

[STC]

A close beneath 1296 within the next 10 trading days is statistically guaranteed, which is a short point gain of 44 pts. Bulls have no such guarantees at this time.

Hi cheech, can you present the statistic that there will be a close below 1296 within 10 days?