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10/24/2011 Intraday Watering

Re: 10/24/2011 Intraday Watering

Postby rocstocktrader » Mon Oct 24, 2011 3:32 pm

Interesting stock market video on S&P 500 making a remarkable recovery.

How it is back at a crucial Fibonacci retracement level which could present major problems for this index.

It can be found on the right sidebar under tools-free trading videos2.

http://stk.ly/qYFCaS
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Re: 10/24/2011 Intraday Watering

Postby StrikePrice » Mon Oct 24, 2011 3:33 pm

StrikePrice wrote:Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.


Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.
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Re: 10/24/2011 Intraday Watering

Postby Dow Trader » Mon Oct 24, 2011 3:34 pm

Unique wrote:
Unique wrote:SPY should retest 1min 100sma here, or else we''re going to dive baby :D

SHORT!


Oh yeah baby. Go go bears! :D :P. Test 123, then it'll probably consoldiate a little bit and retry.


watch this area for today before the close ( support ) 8-)
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Re: 10/24/2011 Intraday Watering

Postby SB73 » Mon Oct 24, 2011 3:36 pm

Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
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Re: 10/24/2011 Intraday Watering

Postby Al_Dente » Mon Oct 24, 2011 3:37 pm

waverider wrote:SPY just broke a three day support trend line.

Hi wavy, good catch thanks
Also, first time all day spy testing vwap
first time all day 5m tick dropped below zero line
mmmmm
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Re: 10/24/2011 Intraday Watering

Postby Richarab » Mon Oct 24, 2011 3:38 pm

SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.


*punt* here it goes.
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Re: 10/24/2011 Intraday Watering

Postby SB73 » Mon Oct 24, 2011 3:40 pm

Richarab wrote:
SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.


*punt* here it goes.


No kick save would be good for bears...another kick save probably means higher high tomorrow.
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Re: 10/24/2011 Intraday Watering

Postby waverider » Mon Oct 24, 2011 3:41 pm

Richarab wrote:
SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.


*punt* here it goes.


vwap bounce
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Re: 10/24/2011 Intraday Watering

Postby pady » Mon Oct 24, 2011 3:41 pm

StrikePrice wrote:
StrikePrice wrote:Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.


Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.



True. Today we are following like how Asia traded - fell off at the close. Still danger area to short as stoch so high.
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Re: 10/24/2011 Intraday Watering

Postby Richarab » Mon Oct 24, 2011 3:42 pm

waverider wrote:
Richarab wrote:
SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.


*punt* here it goes.


vwap bounce


euro not helping
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Re: 10/24/2011 Intraday Watering

Postby waverider » Mon Oct 24, 2011 3:44 pm

bonds confirming a bounce to close up spy.
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Re: 10/24/2011 Intraday Watering

Postby SB73 » Mon Oct 24, 2011 3:46 pm

Did we just kiss the broken wedge goodbye?
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Re: 10/24/2011 Intraday Watering

Postby MrMiyagi » Mon Oct 24, 2011 3:47 pm

:? Was expecting more of a downside towards the close... hmm.. headscratcher.....
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Re: 10/24/2011 Intraday Watering

Postby Unique » Mon Oct 24, 2011 3:48 pm

Unique wrote:
Unique wrote:SPY should retest 1min 100sma here, or else we''re going to dive baby :D

SHORT!


Oh yeah baby. Go go bears! :D :P. Test 123, then it'll probably consoldiate a little bit and retry.


Moment of truth...
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Re: 10/24/2011 Intraday Watering

Postby incognitouser » Mon Oct 24, 2011 3:48 pm

i think we just saw the double top
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Re: 10/24/2011 Intraday Watering

Postby tdo722 » Mon Oct 24, 2011 3:49 pm

Once again, MM keeps all of us guessing with no significant breakout to the uptown or downtown.
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Re: 10/24/2011 Intraday Watering

Postby StrikePrice » Mon Oct 24, 2011 3:49 pm

pady wrote:
StrikePrice wrote:
StrikePrice wrote:Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.


Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.



True. Today we are following like how Asia traded - fell off at the close. Still danger area to short as stoch so high.


I like a close below 125.36. So far looks possible.
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Re: 10/24/2011 Intraday Watering

Postby ysc » Mon Oct 24, 2011 3:50 pm

MrMiyagi wrote::? Was expecting more of a downside towards the close... hmm.. headscratcher.....


please don't scratche your head anymore, there is no hair at all. :)
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Re: 10/24/2011 Intraday Watering

Postby 99er » Mon Oct 24, 2011 3:51 pm

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Re: 10/24/2011 Intraday Watering

Postby Al_Dente » Mon Oct 24, 2011 3:52 pm

too weak at vwap?
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