08/16/2011 Intraday Watering

[uempel]

Price pattern in today's channel doesn't look that bullish, looks corrective...

[99er]

Updates

Gold http://99ercharts.blogspot.com/2011/08/gold_16.html
Silver http://99ercharts.blogspot.com/2011/08/silver_16.html

[99er]

uempel

Nice chart!

[99er]

Updates

Crude http://99ercharts.blogspot.com/2011/08/crude_16.html
30-Year http://99ercharts.blogspot.com/2011/08/30y_16.html

[BullBear52x]

My stop is at the open. need to see a trade above my BUY/SELL orange zone. right now a little disappoint in Bulls.

[uempel]

A downwards zigzag and a megaphone? Do I live in fantasy-world or is this a possibility?

[nonabear]

Seems too easy to buy the dip today...think we have to get burned a little for a couple of days to the downside to make everyone wonder if we are going back down. Then some give up, and we go higher.

But if we end positive today, that theory is out the window.

[uempel]

Thanks 99, you at the beach with Honey?

[BullBear52x]

watch the leaders, they will be the early indication that we are going higher or lower, so far so good, or I will switch side.

[99er]

Honey...what is MACD in French?
SPX http://99ercharts.blogspot.com/2011/08/spx_3985.html

Le deluge?

[99er]

uempel: "A downwards zigzag and a megaphone?"

Great chart!

[Tabby]

My stop is at the open. need to see a trade above my BUY/SELL orange zone. right now a little disappoint in Bulls.

Where is orange zone?

[BullBear52x]

IWM is lagging here need to pick up some speed, lets do it bulls.

[Cobra]

nothing to say, looks like the market wants to fill the gap. I have some statistics saying the gap should be filled today, but there're always some exceptions, so we'll have to wait and see. Close green would be very bullish, that's also based on statistics but again, there're some exceptions.

[BullBear52x]

My stop is at the open. need to see a trade above my BUY/SELL orange zone. right now a little disappoint in Bulls.

Where is orange zone?

here it is

[agnosia]

market is basing and waiting for the 10ema 15min to catch up . we're gonna fill the gap in due time...

[uempel]

These are my bearish fantasies, but the market does not look weak and I would have fared better by just buying at 1187...

[Al_Dente]

SPY breakout of pivot point 120.12. Needs to hold that pivot convincingly. Tick surge, but where is the volume.

[Cobra]

very good, but could be a little overshot here.

[cowboy]

nothing to say, looks like the market wants to fill the gap. I have some statistics saying the gap should be filled today, but there're always some exceptions, so we'll have to wait and see. Close green would be very bullish, that's also based on statistics but again, there're some exceptions.

Seems it's going to prove your statistics...again..