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12/28/2011 Intraday watering

12/28/2011 Intraday watering

Postby Cobra » Wed Dec 28, 2011 10:01 am

Small gap up, so the gap might be filled.

Global ES is testing the resistance for the 2nd time, I think there're chances that it'll breakout above it.
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Re: 12/28/2011 Intraday watering

Postby RealMoneyIssues » Wed Dec 28, 2011 10:03 am

Good Morning Cobra !!
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Re: 12/28/2011 Intraday watering

Postby 99er » Wed Dec 28, 2011 10:11 am

Good Morning.

So honey...what are you doing with those crayons?

AUDJPY http://99ercharts.blogspot.com/2011/12/audjpy_28.html

Origami. "The Swan."

GLTA.
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Re: 12/28/2011 Intraday watering

Postby jonerica » Wed Dec 28, 2011 10:18 am

SPX and VIX were both up yesterday…
and my observation is that usually precedes a change in trend. SInce we
were rising into a turn window of 23 - 27 Dec, that should be a high and
selling could start anytime and continue into the 20 week Hurst low in
the first week of Jan.

In Elliot wave, we are still in that bearish wedge. Either we have
completed it during globex, or we will only have an ABC corrective wave
in the cash markets from the 1202 low. Hourly chart of SPX has signaled
an MACD sell. Now waiting for daily to do the same.

http://timeandspiral.wordpress.com
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Re: 12/28/2011 Intraday watering

Postby 99er » Wed Dec 28, 2011 10:19 am

Will you please put down those crayons?

ES http://99ercharts.blogspot.com/2011/12/es_28.html

I wanna go skiing!
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Re: 12/28/2011 Intraday watering

Postby johnnywa » Wed Dec 28, 2011 10:23 am

Tell Honey last Xmas she gets crayons
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Re: 12/28/2011 Intraday watering

Postby stockcycle » Wed Dec 28, 2011 10:25 am

Market was in consolidation yesterday. Looks to me that SPY has been forming a symmetrical triangle and trading range today may be limited by boxes (125.70 - 126.08) - (126.74 - 127.10)
http://cyclestockmarketwinner.blogspot.com/
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Re: 12/28/2011 Intraday watering

Postby BullTart » Wed Dec 28, 2011 10:26 am

Euro just had a heart attack... massive red candle just now!
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Re: 12/28/2011 Intraday watering

Postby BullBear52x » Wed Dec 28, 2011 10:32 am

GM, another Gap up open on Vix, not a bull friendly environment.
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Re: 12/28/2011 Intraday watering

Postby Cobra » Wed Dec 28, 2011 10:32 am

the open.
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Re: 12/28/2011 Intraday watering

Postby cougar » Wed Dec 28, 2011 10:34 am

Good morning!
GLD: after a short-lived correction, GLD is back in jail, doing time under the Acceleration Band, on daily and under MAW(55) on 60 min.
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Re: 12/28/2011 Intraday watering

Postby PLUNGE » Wed Dec 28, 2011 10:35 am

"Euro just had a heart attack... massive red candle just now!"

Could be the Iranian saber rattling: http://finance.yahoo.com/news/iran-warn ... 7.html?l=1
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Re: 12/28/2011 Intraday watering

Postby 99er » Wed Dec 28, 2011 10:36 am

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Re: 12/28/2011 Intraday watering

Postby BullTart » Wed Dec 28, 2011 10:37 am

Another view of the Euro heart attack.... look at that crush.... something is definitely up this morning... and volume is rising... rising volume in this environment should be due to selling, so let's see if Santa's sleigh is out of commission this year or not.

Still have my TVIX setup from last Friday, added TZA yesterday.
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Re: 12/28/2011 Intraday watering

Postby Cobra » Wed Dec 28, 2011 10:39 am

Euro dropped, it's not a good looking chart as I've been saying...
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Re: 12/28/2011 Intraday watering

Postby fehro » Wed Dec 28, 2011 10:40 am

mid channel? or bottom channel line? 200 Day SMA = 1258.94
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Re: 12/28/2011 Intraday watering

Postby waverider » Wed Dec 28, 2011 10:46 am

This is about double yesterdays volume so far. Loving it.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
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Re: 12/28/2011 Intraday watering

Postby BullBear52x » Wed Dec 28, 2011 10:47 am

5 DMA = 125 SPY
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Re: 12/28/2011 Intraday watering

Postby 99er » Wed Dec 28, 2011 10:50 am

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Re: 12/28/2011 Intraday watering

Postby fehro » Wed Dec 28, 2011 10:50 am

just a little lower? then either bounce, or fall hard back into the triangle...
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