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11/22/2011 Intraday Watering

11/22/2011 Intraday Watering

Postby Cobra » Tue Nov 22, 2011 10:02 am

Small gap down within yesterday's range, plus it's the next after a Major Distribution Day, so chances are the gap will be filled.

The Global ES is a t a critical point, as you're all familiar now, anytime revisit the previous extremes, there's a chance for reversal, so if cannot decisively break below yesterday's low or even cannot make a lower low, then the low was in at least for the short-term. So let's watch the blue line below closely.
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Re: 11/22/2011 Intraday Watering

Postby oldpigwang » Tue Nov 22, 2011 10:11 am

Thanks for your excellent calls.
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Re: 11/22/2011 Intraday Watering

Postby Ed02 » Tue Nov 22, 2011 10:12 am

Morning!
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Re: 11/22/2011 Intraday Watering

Postby oldpigwang » Tue Nov 22, 2011 10:12 am

Cobra:Thanks for your excellent calls.
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Re: 11/22/2011 Intraday Watering

Postby 99er » Tue Nov 22, 2011 10:13 am

Good Morning.

Gee honey...I'm seeing double this morning.
EURUSD http://99ercharts.blogspot.com/2011/11/eurusd_22.html

More cafe au lait?
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Re: 11/22/2011 Intraday Watering

Postby trendfollower » Tue Nov 22, 2011 10:15 am

Stock market article: "Headline Risk Surrounds Gold & The SP 500"

http://goo.gl/33q6U
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Re: 11/22/2011 Intraday Watering

Postby 99er » Tue Nov 22, 2011 10:16 am

So what should we do today?
ES http://99ercharts.blogspot.com/2011/11/es_22.html

Celebrate Ruby Tuesday?
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Re: 11/22/2011 Intraday Watering

Postby GreedyKojiro » Tue Nov 22, 2011 10:20 am

Revised GDP numbers just came out. 2% instead of 2.5% from previous number. We will see lower low today :twisted:
http://www.reuters.com/article/2011/11/22/us-usa-economy-instant-idUSTRE7AL13K20111122
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Re: 11/22/2011 Intraday Watering

Postby 99er » Tue Nov 22, 2011 10:24 am

Shall we ski?
AUDJPY http://99ercharts.blogspot.com/2011/11/audjpy_22.html

We still have half the mountain.

GLTA.
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Re: 11/22/2011 Intraday Watering

Postby cougar » Tue Nov 22, 2011 10:25 am

GM!
Here is my SPY down channel + some levels:
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Re: 11/22/2011 Intraday Watering

Postby q2model » Tue Nov 22, 2011 10:27 am

Cobra wrote:Small gap down within yesterday's range, plus it's the next after a Major Distribution Day, so chances are the gap will be filled.

The Global ES is a t a critical point, as you're all familiar now, anytime revisit the previous extremes, there's a chance for reversal, so if cannot decisively break below yesterday's high or even cannot make a lower low, then the low was in at least for the short-term. So let's watch the blue line below closely.



You mean "so if cannot decisively break below yesterday's LOW" not "so if cannot decisively break below yesterday's high ", right? Thanks
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Re: 11/22/2011 Intraday Watering

Postby Mongoose » Tue Nov 22, 2011 10:28 am

more impass from the (not so super) Super committee --
http://www.reuters.com/article/2011/11/ ... E620111122

Congress:Trading Stock on Inside Information?
http://www.cbsnews.com/video/watch/?id=7388130n

Spencer Bachus -- I wonder what kind of trades he is putting on this week. . .

I love Pelosi´s reaction to Steve Krofts questions -- she acts like Cheri Oteri from Saturday Night Live.

Good luck trading today.
Last edited by Mongoose on Tue Nov 22, 2011 10:38 am, edited 1 time in total.
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Re: 11/22/2011 Intraday Watering

Postby Cobra » Tue Nov 22, 2011 10:29 am

q2model wrote:
Cobra wrote:Small gap down within yesterday's range, plus it's the next after a Major Distribution Day, so chances are the gap will be filled.

The Global ES is a t a critical point, as you're all familiar now, anytime revisit the previous extremes, there's a chance for reversal, so if cannot decisively break below yesterday's high or even cannot make a lower low, then the low was in at least for the short-term. So let's watch the blue line below closely.



You mean "so if cannot decisively break below yesterday's LOW" not "so if cannot decisively break below yesterday's high ", right? Thanks


Yes, you're right.

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Re: 11/22/2011 Intraday Watering

Postby agnosia » Tue Nov 22, 2011 10:30 am

feels like the holiday already began. futures are very light...
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Re: 11/22/2011 Intraday Watering

Postby Cobra » Tue Nov 22, 2011 10:31 am

the open.
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Re: 11/22/2011 Intraday Watering

Postby Me XMan » Tue Nov 22, 2011 10:35 am

I see SPX testing 1200 and fails this week.

Cobra wrote:the open.
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Re: 11/22/2011 Intraday Watering

Postby stockcycle » Tue Nov 22, 2011 10:36 am

The rebound if any may be short lived (2 days max) and would be limited by the resistant range 1209.4-1215.7
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Re: 11/22/2011 Intraday Watering

Postby GreedyKojiro » Tue Nov 22, 2011 10:38 am

Sold my TVIX at $60.55.
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Re: 11/22/2011 Intraday Watering

Postby 99er » Tue Nov 22, 2011 10:40 am

Ski?
SPX http://99ercharts.blogspot.com/2011/11/spx_22.html

Okay then. At least until lunch.
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Re: 11/22/2011 Intraday Watering

Postby edutrader » Tue Nov 22, 2011 10:41 am

Hello Hola
Good Morning
soy nuevo
:P :lol:
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