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02/23/2011 Intraday Watering

andyzaky
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Re: 02/23/2011 Intraday Watering

Post by andyzaky »

This is the big one. 20% correction coming.
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8-month rising wedge breakdown.
8-month rising wedge breakdown.
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Sorry, my network suddenly dropped, had to restrat the machine. So I missed the failed again 2nd leg up, but now we see strong rebound, this feels a little different, let's see.
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Me XMan wrote:Cobra. Downtrend has started yet?
I only know chances are high we'll see a 2nd leg down on the daily chart, now it's the 1st leg down, the rebound thereafter shall fail.

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99er
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Re: 02/23/2011 Intraday Watering

Post by 99er »

wxtrader001
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Re: 02/23/2011 Intraday Watering

Post by wxtrader001 »

i can't say anything,the market is so crazy! Just follow the trend
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doji
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Re: 02/23/2011 Intraday Watering

Post by doji »

Where is your ES downside target? Before any meaningful rebound...
maldini
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Re: 02/23/2011 Intraday Watering

Post by maldini »

a small h/s bottom to me
will buy in the next entry if comfortable
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Anyone know how to see me in Twitter? I have an account called Cobrasmarketview there, but I don't know how to see me via URL. :roll:

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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

So far not bad, but still no intraday higher high and this is the very 1st time touching the EMA20 after 2+ hours, so could be a potential L2 short?
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Sorry, it's CobraMarketView on twitter.

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Tabby
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Re: 02/23/2011 Intraday Watering

Post by Tabby »

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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Good, but still we need an intraday higher high first. If breakout, the target, as I said before usually is the triangle area.
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Thanks. but how come I have lots of messages not sent by me? :roll:

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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Sorry guys, I'm a little out of syn of the market today as I'm not very focused...

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babaro22
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Re: 02/23/2011 Intraday Watering

Post by babaro22 »

looking pretty bad today for bulls. I've just got a "sell" signal.

http://babaro22.blogspot.com/
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BullBear52x
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Re: 02/23/2011 Intraday Watering

Post by BullBear52x »

here is where I am in.
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

Once again, let's review this typical reversal pattern as I've said before. Now you should be clear what I was trying to say. Generally don't try to trade the reversal because there's only one reversal but to follow the trend, you have plenty of chances.
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Cobra
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Re: 02/23/2011 Intraday Watering

Post by Cobra »

2 bar before, that was EMA gap short, but anyway, I expect 2 leg up from here. The triangle area will act like magnet...
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99er
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Re: 02/23/2011 Intraday Watering

Post by 99er »

Doji-- ES target of 1293.
matrix
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Re: 02/23/2011 Intraday Watering

Post by matrix »

Ending Diagonal Triangle broken uptrendline, means test of low point of triangle: 1275......imvho
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