08/22/2011 Intraday Watering

[cougar]

Do you see any bull in this SPY (130min) chart?

[99er]

Honey...
SPX http://99ercharts.blogspot.com/2011/08/spx_22.html

Is the car warmed up yet?

[99er]

cougar

Are you seeing a truncated 5?

[cougar]

99er: big question...I personally do not...but some people do.

[proteus46]

TZA 59.20 target? jmho

[janez]

A complete retracement. wow.

[Cobra]

target reached and gap filled but so far doesn't look the pullback is over.

[soku]

sub 1120 area is good enough to cover shorts. love the volatility. 1 morning 20 points.
overnight 1111 is important. as i mentioned friday, es 1110 area is important. it did trigger short cover rally. now the characteristic of the chart is slightly different. i am expecting consolidation around 1120 area for couple hours. will jump back on the train once i figure out where it goes.

[99er]

RUT
Update.
http://99ercharts.blogspot.com/2011/08/rut_22.html

Looks like it wants a fifth.

[99er]

And for a different perspective...
AUDJPY http://99ercharts.blogspot.com/2011/08/audjpy_22.html

Bear Flag.

[cougar]

Low volume is bad!
A technically sloppy market is very bad!
But a technically sloppy market on low volume is the worst!!!

[soku]

Low volume is bad!
A technically sloppy market is very bad!
But a technically sloppy market on low volume is the worst!!!

there is chance we r going to have this kind of market until fridaymorning

[soku]

grab some long. technically it is highly low. if go above 1126.75, a 123 could formed. my target is 1131-1132 for the 123 setup

[99er]

Bored?

How about a rant?

http://market-ticker.org/akcs-www?post=192745

[Anaconda]

grab some long. technically it is highly low. if go above 1126.75, a 123 could formed. my target is 1131-1132 for the 123 setup

Good call, Soku.

[soku]

grab some long. technically it is highly low. if go above 1126.75, a 123 could formed. my target is 1131-1132 for the 123 setup

so far so good. target reached already. 1135 area strong res. will see how es drive toward that area to determine my exit order.

[uempel]

Not posting charts, I'm very busy this environment is fun to trade. Regarding SPX: maybe the 1120 area will hold - the daily P&F chart shows strong support there. Should 1120 break the next support area is the yellow triangle on this chart, further downside would be likely:

[99er]

European Liquidity...Not.

http://www.zerohedge.com/sites/default/ ... 7%20AM.png

http://www.zerohedge.com/news/european- ... -one-chart

[Me XMan]

If you believe the banks balance sheet, I've got a brigde to sell to ya.

Bored?

How about a rant?

http://market-ticker.org/akcs-www?post=192745

[Cobra]

some fib info. not much to say.