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10/11/2011 Intraday Watering

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Mr. BachNut
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Re: 10/11/2011 Intraday Watering

Post by Mr. BachNut »

Dr. Copper didn't get the memo that the rally is still on...
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waverider
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Re: 10/11/2011 Intraday Watering

Post by waverider »

More like consolidation than bull flag. Fridays down move was a good example.
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seafood
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Joined: Mon Feb 14, 2011 2:15 pm

Re: 10/11/2011 Intraday Watering

Post by seafood »

Cobra wrote:nothing to say, goes as planned.
Hi Cobra, do you think today is more likely as what you said "...the market pullback at open, then the pullback is buyable..." in your yesterday's Market Outlook "
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bullbear52
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Re: 10/11/2011 Intraday Watering

Post by bullbear52 »

uempel wrote:
Dow Trader wrote:Bull flag !!! 8-)
Me too, I just drew this BF, but first attempt to break out to the upside failed.
The attachment SPXH.png is no longer available
Oh yeah? your flag or my flag? :lol: :lol: :lol:
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spy.JPG
uempel
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Re: 10/11/2011 Intraday Watering

Post by uempel »

Close above 1200 is medium term bullish on the daily traditional P&F
P&F.png
Dow Trader
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Re: 10/11/2011 Intraday Watering

Post by Dow Trader »

An update for who like to count waves , is that E.D. since the low of last hour of trading !!!! 8-)
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ES 43.JPG
Dow Trader
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Re: 10/11/2011 Intraday Watering

Post by Dow Trader »

I ment yesturday's last hour
uempel
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Re: 10/11/2011 Intraday Watering

Post by uempel »

Mr. BachNut wrote:Dr. Copper didn't get the memo that the rally is still on...

His scope is limited to Australia, Chile and China, doesn't care about anything else :D
uempel
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Re: 10/11/2011 Intraday Watering

Post by uempel »

Dow Trader wrote:Bears have many hopes and this is one of them 8-)
Nice chart, I did not notice :o
StrikePrice
Posts: 770
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Re: 10/11/2011 Intraday Watering

Post by StrikePrice »

uempel wrote:
StrikePrice wrote:
uempel wrote:
StrikePrice wrote:Bulls really want to punch this in the End Zone and the defense is looking tired. Damn.
What's your endzone?
1,200
Yes, my Fibs are pointing to 1200.30... But I don't like this kind of market, some bigs are in control and it's difficult to check if they are unloading or if they are targeting a break of 1212..
Yeah...keeps hanging on to the 2-4 trendline. I guess we could count waves such that 1,182 was the end of Wave 4 and that puts a wave 5 target at 1210 where 5=1. I wouldn't be surprised if the market doesn't show it's hand until tomorrow looking for a piece of news to either sell or buy. The Triangle we all see fits nicely for a Wave 4.
Dark_Pool
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Re: 10/11/2011 Intraday Watering

Post by Dark_Pool »

Pending of the FOMC, the tend is bullish to around 1122 SPX, if the news is good or leastwise not bad. If the news is bad, expect a pull back to around SPX 1141 :o
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KENA
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Re: 10/11/2011 Intraday Watering

Post by KENA »

Nothing much has changed since I have been away..I would sure like to say that was a tripple top and now lets get the dn move started.Lets see.
pablorynx
Posts: 116
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Re: 10/11/2011 Intraday Watering

Post by pablorynx »

bullbear52 wrote:
uempel wrote:
Dow Trader wrote:Bull flag !!! 8-)
Me too, I just drew this BF, but first attempt to break out to the upside failed.
SPXH.png
Oh yeah? your flag or my flag? :lol: :lol: :lol:
Bigger flag wins, no?
Dow Trader
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Re: 10/11/2011 Intraday Watering

Post by Dow Trader »

Here is a little bigger view of that possible E.D. 8-)
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ES 44.JPG
hdenandy
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Re: 10/11/2011 Intraday Watering

Post by hdenandy »

Is the market just waiting for the Slovak vote ?
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Cobra
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Re: 10/11/2011 Intraday Watering

Post by Cobra »

Perfect, I made all the score today. :twisted:
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waverider
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Re: 10/11/2011 Intraday Watering

Post by waverider »

Dark_Pool wrote:Pending of the FOMC, the tend is bullish to around 1122 SPX, if the news is good or leastwise not bad. If the news is bad, expect a pull back to around SPX 1141 :o
Thanks, it should be interesting to see way this consolidation breaks.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
newbie_77
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Joined: Fri Jul 29, 2011 1:47 pm

Re: 10/11/2011 Intraday Watering

Post by newbie_77 »

that was a big red bar but i guess the dip will be bought into...
buyorsell
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Re: 10/11/2011 Intraday Watering

Post by buyorsell »

Cobra wrote:Perfect, I made all the score today. :twisted:
You're amazing today. :mrgreen:
agnosia
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Re: 10/11/2011 Intraday Watering

Post by agnosia »

holy crude. just touched the daily long term resistance of 86.64. wow. what a move... a clean break of 86.64 and we are out of the descending channel and off to the moon.
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