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08/26/2011 Intraday Watering

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cougar
Posts: 1914
Joined: Fri May 20, 2011 9:25 am

Re: 08/26/2011 Intraday Watering

Post by cougar »

I have scores of charts showing an extremely high volatility for various securities...However, the VIX (the theoretical sum of them all) drops like a stone...LOL! Nicely done Chicago Boyz!!!
Thus, for QQQ the amplitude of the intra-day move is spectacular.
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Cobra
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Re: 08/26/2011 Intraday Watering

Post by Cobra »

another rest here, should be, then more on the upside.
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StrikePrice
Posts: 770
Joined: Wed Mar 30, 2011 1:27 pm

Re: 08/26/2011 Intraday Watering

Post by StrikePrice »

Didn't someone mention a phantom bar to 118 yesterday? I didn't have it on my charts, but I just can't believe how accurate this is becoming!!!
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BullBear52x
Posts: 29596
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/26/2011 Intraday Watering

Post by BullBear52x »

Third time is the Charm? BIP bip bip
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nasa1100
Posts: 34
Joined: Tue Feb 15, 2011 4:05 pm

Re: 08/26/2011 Intraday Watering

Post by nasa1100 »

maybe MAD 300+ day!
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CMT
Posts: 74
Joined: Wed Aug 24, 2011 11:49 am

Re: 08/26/2011 Intraday Watering

Post by CMT »

Swing day setup is in from Wed high, my guess 1178 is it for today!
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wwroller
Posts: 4
Joined: Fri Aug 26, 2011 11:58 am

Re: 08/26/2011 Intraday Watering

Post by wwroller »

Does this maybe look like a bigger H&S?
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Bencat
Posts: 30
Joined: Wed Feb 16, 2011 5:30 pm

Re: 08/26/2011 Intraday Watering

Post by Bencat »

Cobra wrote:another rest here, should be, then more on the upside.
bulls seems to be stronger now! :o
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Cobra
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Re: 08/26/2011 Intraday Watering

Post by Cobra »

still think there'll be a rest of some kind here, then more up, red line above the target.
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BullBear52x
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Re: 08/26/2011 Intraday Watering

Post by BullBear52x »

Neg. D is voided, the move up is too strong, reset! but it's good sell spot for today nevertheless.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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flrtrader
Posts: 477
Joined: Thu Aug 25, 2011 1:58 pm

Re: 08/26/2011 Intraday Watering

Post by flrtrader »

OUT!!! :D :D

As posted... don't touch a short till late day Tuesday... May hit 1220.. On the side till Monday afternoon...

Trade well, Im outta here... crushed'em today...

Have a nice weekend ladies and gents
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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/26/2011 Intraday Watering

Post by Al_Dente »

Based on the fib fan, the short term top should be, mmmmmm, a few minutes ago.

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =242489264
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 08/26/2011 Intraday Watering

Post by Cobra »

Bencat wrote:
Cobra wrote:another rest here, should be, then more on the upside.
bulls seems to be stronger now! :o
don't underestimate the power of Cobra side, I said rest, it will rest... :twisted:

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AK84
Posts: 574
Joined: Tue Feb 15, 2011 5:09 am

Re: 08/26/2011 Intraday Watering

Post by AK84 »

"don't underestimate the power of Cobra side, I said rest, it will rest... :twisted"
:lol: :lol:



I dunno how and I dunno why but the market always obeys Cobra!
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AK84
Posts: 574
Joined: Tue Feb 15, 2011 5:09 am

Re: 08/26/2011 Intraday Watering

Post by AK84 »

Entered a long swing trade on PCLN today at 491. Cup and Handle on hourly take it to 515 measured move.
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ddd
Posts: 165
Joined: Mon Feb 14, 2011 12:18 pm

Re: 08/26/2011 Intraday Watering

Post by ddd »

The questions to be asked is at what point, if this grinding up rally continues, a short squeeze will be triggered. /ES 1189? We are getting close.
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Anaconda
Posts: 487
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Re: 08/26/2011 Intraday Watering

Post by Anaconda »

I think next resistance is upper bound of developing triangle (unless we break through), at @ 119.05 SPY.
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BullBear52x
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Re: 08/26/2011 Intraday Watering

Post by BullBear52x »

ddd wrote:The questions to be asked is at what point, if this grinding up rally continues, a short squeeze will be triggered. /ES 1189? We are getting close.
120 SPY
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Michelle
Posts: 131
Joined: Sat Jun 04, 2011 8:15 pm

Re: 08/26/2011 Intraday Watering

Post by Michelle »

This will be very bullish if it breaks up through the triangle that's formed since 8/9
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newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 08/26/2011 Intraday Watering

Post by newbie_77 »

any guess on weekly spy expiration pinning :D...
or since they went on a wild swing probably it does not matter anymore.
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