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10/25/2011 Intraday Watering

Re: 10/25/2011 Intraday Watering

Postby Cobra » Tue Oct 25, 2011 3:14 pm

if you want to read it as back test of the triangle, fine. for me as long as the range market by green and red lines remain, then nothing interesting.
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Re: 10/25/2011 Intraday Watering

Postby pady » Tue Oct 25, 2011 3:15 pm

tdo722 wrote:shit, bear rally is so short lived.


That was just a wave 2 retrace of impulse C. I feel 122.5 is coming ( see cobra's triangle target ).
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Re: 10/25/2011 Intraday Watering

Postby 99er » Tue Oct 25, 2011 3:15 pm

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Re: 10/25/2011 Intraday Watering

Postby BullBear52x » Tue Oct 25, 2011 3:16 pm

intraday bear flag break down.
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Re: 10/25/2011 Intraday Watering

Postby q2model » Tue Oct 25, 2011 3:18 pm

Cobra wrote:if you want to read it as back test of the triangle, fine. for me as long as the range market by green and red lines remain, then nothing interesting.



The range day call was amazing, what made u to call a range day way early in the morning?
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Re: 10/25/2011 Intraday Watering

Postby SB73 » Tue Oct 25, 2011 3:19 pm

Possible descending triangle
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Re: 10/25/2011 Intraday Watering

Postby bobo » Tue Oct 25, 2011 3:20 pm

If so, we may start to accelerate to the downside tomorrow given it is a New Moon and there is a Bradley model date on the 28th.

pady wrote:
bobo wrote:I believe we are in minor 2 of P3, but am unclear as to whether A up or C up just concluded. I believe some have us in C and in either (ii) or (iv) down. It strikes me that the rebound off the lows may have met the test for the conclusion of minor 2, but not the time element. Consequently, I think that perhaps A up has just concluded and we are looking at a B wave pullback. If so, C would have to truncate or we may blow right through the 200-day SMA.

Any thoughts?



I feel we are in a B which can take us to 1150-70 range ( 50-62% ).
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Re: 10/25/2011 Intraday Watering

Postby agnosia » Tue Oct 25, 2011 3:20 pm

crude update. according to my 10:1 rule , i sold out of one contract of /cl for +1 at 94.30, got stopped out of the other one even. sell stop triggered 93.10 but i was stopped out for .10 loss. we closed at 93.17 today but i am unclear on which side to bet on at the moment :) leaning a tiny bit short biased... break below 92.80ish and will look to go short again.
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Re: 10/25/2011 Intraday Watering

Postby Cobra » Tue Oct 25, 2011 3:21 pm

the 3rd touch to be, more likely the green line below won't hold.
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Re: 10/25/2011 Intraday Watering

Postby flight23 » Tue Oct 25, 2011 3:21 pm

I wouldnt call this a range day. We are down nearly 1% from the open and have given up all of yesterday's gains. If we had stayed between down .5% and 1.25% for the day then maybe, but we've broken below the initial range.
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Re: 10/25/2011 Intraday Watering

Postby jarbo456 » Tue Oct 25, 2011 3:21 pm

we might get a breakdown on SPY right here of what i think was more of an descending triangle started from this morning.
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Re: 10/25/2011 Intraday Watering

Postby Tabby » Tue Oct 25, 2011 3:22 pm

99er wrote:Update

RUT http://99ercharts.blogspot.com/2011/10/rut_5710.html

And down we go.

We all need to driver monster trucks to get this bear rally going.
http://www.monstertrucks-uk.com/
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Re: 10/25/2011 Intraday Watering

Postby Unique » Tue Oct 25, 2011 3:24 pm

122.8 for tomorrow looks good.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Re: 10/25/2011 Intraday Watering

Postby Cobra » Tue Oct 25, 2011 3:25 pm

breakdown as expected. maintain the target.
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Re: 10/25/2011 Intraday Watering

Postby StrikePrice » Tue Oct 25, 2011 3:25 pm

Alternate Count looking better by the second.

Tomorrow should reveal a lot about how this market feels about going higher.
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Re: 10/25/2011 Intraday Watering

Postby pady » Tue Oct 25, 2011 3:29 pm

Moved SL to 124.15
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Re: 10/25/2011 Intraday Watering

Postby Roadrunner » Tue Oct 25, 2011 3:30 pm

StrikePrice wrote:Alternate Count looking better by the second.

Tomorrow should reveal a lot about how this market feels about going higher.


nice chart :D
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Re: 10/25/2011 Intraday Watering

Postby KENA » Tue Oct 25, 2011 3:30 pm

How come you traders are complaining..I have had good short trading to day on the SPY and couple hrs ago went short MOS..Do researsh and then trade. Lets see.
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Re: 10/25/2011 Intraday Watering

Postby agnosia » Tue Oct 25, 2011 3:30 pm

could be running stops here? i took a little long at 1228.5, stop 1227.5
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Re: 10/25/2011 Intraday Watering

Postby SB73 » Tue Oct 25, 2011 3:32 pm

Watch to see if we get a kick save into close. I think I have 5 straight days on record...too lazy to go back and look.
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