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Weekend Watering Hole

Weekend Watering Hole

Postby 99er » Sat Sep 10, 2011 9:22 am

Last edited by 99er on Sun Sep 11, 2011 11:43 am, edited 1 time in total.
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Re: Weekend Watering Hole

Postby 99er » Sat Sep 10, 2011 9:55 am

SPX

15m http://99ercharts.blogspot.com/2011/09/spx-15m.html
60m http://99ercharts.blogspot.com/2011/09/spx-60m.html

Okay cougar, BB52x and others...your turn.

Have a nice weekend!
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Re: Weekend Watering Hole

Postby BullBear52x » Sat Sep 10, 2011 11:50 am

OK, first I will not post the unnecessary photo funny or not it's unprofessional, so if you guys want to see a cool picture it will not come from me :lol:

Fears Fears Fears, Fear me the bear said last Friday. Fear indexes suggest the path of least resistance is on the evil side.
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Re: Weekend Watering Hole

Postby BullBear52x » Sat Sep 10, 2011 11:53 am

Liquidity side of thing. my favorite DBV here, right now a supply is well flow but shorter term I see some weakness, bears will love to see this bad boy trade back below 24 where now we are at 24.36
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Re: Weekend Watering Hole

Postby BullBear52x » Sat Sep 10, 2011 11:57 am

Bulls are down but not out, another fight back above 119 SPY will sure shake the bears. focus point 13/34ma
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Re: Weekend Watering Hole

Postby BullBear52x » Sat Sep 10, 2011 12:13 pm

Intraday, a close on Friday, MM sure know where to park. trend is down sell the rally is on but by closing barely above 200ma (1min) the day traders would most likely cash out for a well sleep thru the weekend. ( I am net short 35%)
My action Monday will be BUYable if trade above 116.25, a close now at 115.89 with a stop below 200ma. big resistance still laying around 118ish. anything below 200ma sell sell sell.
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Re: Weekend Watering Hole

Postby BullBear52x » Sat Sep 10, 2011 12:35 pm

I am not EW guys but something like this makes sense
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Re: Weekend Watering Hole

Postby seekingknowledge » Sun Sep 11, 2011 5:45 pm

99er wrote:SPX

15m http://99ercharts.blogspot.com/2011/09/spx-15m.html
60m http://99ercharts.blogspot.com/2011/09/spx-60m.html

Okay cougar, BB52x and others...your turn.

Have a nice weekend!


Hi, 99er, Cobra or anyone else, While updating my charts today (Sunday), I noticed a HUGE candle (phantom?) that shows up on the charts starting at 15:25. The candle fills the 9/8 and 9/9 gap. This did not show up during market hours on Friday ... as I just looked at Cobra's posted 3:40 blog chart and the high was NOT ever up to this candle's topping tail price of 119.057. Any idea how this happens?? I also just went to Stockcharts.com and it does not show ANY candle that got this high on their 5-minute Friday chart, BUT the same 5-min chart summation says that we had a Friday high of 119.06. Hmmmm ... seekingknowledge.
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Re: Weekend Watering Hole

Postby seekingknowledge » Sun Sep 11, 2011 5:53 pm

99er wrote:SPX

15m http://99ercharts.blogspot.com/2011/09/spx-15m.html
60m http://99ercharts.blogspot.com/2011/09/spx-60m.html

Okay cougar, BB52x and others...your turn.

Have a nice weekend!


99er, Cobra or anyone else, While updating my charts today (Sunday), I noticed a HUGE candle (phantom?) that shows up on the charts starting at 15:25. The candle fills the 9/8 and 9/9 gap. This did not show up during market hours on Friday ... as I just looked at Cobra's posted 3:40 blog chart and the high was NOT ever up to this candle's topping tail price of 119.057. Any idea how this happens?? I also just went to Stockcharts.com and it does not show ANY candle that got this high on their 5-minute Friday chart, BUT the same 5-min chart summation says that we had a Friday high of 119.06. Hmmmm ... seekingknowledge.
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Re: Weekend Watering Hole

Postby seekingknowledge » Sun Sep 11, 2011 6:06 pm

seekingknowledge wrote:
99er wrote:SPX

15m http://99ercharts.blogspot.com/2011/09/spx-15m.html
60m http://99ercharts.blogspot.com/2011/09/spx-60m.html

Okay cougar, BB52x and others...your turn.

Have a nice weekend!


99er, Cobra or anyone else, While updating my charts today (Sunday), I noticed a HUGE candle (phantom?) that shows up on the charts starting at 15:25. The candle fills the 9/8 and 9/9 gap. This did not show up during market hours on Friday ... as I just looked at Cobra's posted 3:40 blog chart and the high was NOT ever up to this candle's topping tail price of 119.057. Any idea how this happens?? I also just went to Stockcharts.com and it does not show ANY candle that got this high on their 5-minute Friday chart, BUT the same 5-min chart summation says that we had a Friday high of 119.06. Hmmmm ... seekingknowledge.


I forgot to mention that the chart I am referring to is the SPY>
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Re: Weekend Watering Hole

Postby cougar » Sun Sep 11, 2011 6:07 pm

SPY: the yellow confirmation, which is already in, could also herald a drop from the triangle.
That drop, if it happens…I would follow RIGHT AWAY.
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Re: Weekend Watering Hole

Postby cougar » Sun Sep 11, 2011 6:10 pm

$DXY:
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Re: Weekend Watering Hole

Postby cougar » Sun Sep 11, 2011 6:34 pm

Currencies are now trading… US$ gapped UP.
Watch the first US$ resistance (or its equiv.) on my $DXY chart above.
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Re: Weekend Watering Hole

Postby babaro22 » Sun Sep 11, 2011 7:17 pm

I can see the bear market from my "backyard". It's really scary (if you are a bull, of course).

http://babaro22.blogspot.com/
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Re: Weekend Watering Hole

Postby 99er » Sun Sep 11, 2011 7:40 pm

cougar: DXY

Pleased to see Volpinacci confirm that bullish Gartley Pattern. What a monster!

:D
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Re: Weekend Watering Hole

Postby cougar » Sun Sep 11, 2011 9:44 pm

On an oversimplified AAPL chart, one might watch the first serious and historically significant support in the 363.5-366.5 zone.
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Re: Weekend Watering Hole

Postby cougar » Sun Sep 11, 2011 10:32 pm

SPX: Revisiting the Aug 9 low seems quite possible now, but a 50% extension might not be enough to satisfy the thirst of this BAT…
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