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03/02/2011 Intraday Watering

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BullBear52x
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Re: 03/02/2011 Intraday Watering

Post by BullBear52x »

zombiebraingoo wrote:
BullBear52x wrote:Bear flag all over the indexes...heads up boys and girls
on what time frames? Daily charts look fine to me...if intc can break above 21.75 uptrend will continue.

these pullbacks, especially in the tech and small caps are normal beta volitility - sure you can trade it but unless there is a real breakdown that hammers the tecnicals then you get profit taking followed by consolidation followed by a move higher - this has been the bears problem since aug last year and why they get skinned!
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Me XMan
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Re: 03/02/2011 Intraday Watering

Post by Me XMan »

BullBear52x. Nice setup for 1-min.
Someone stuck a fork in?

From Guy Lerner
Spiking oil is usually how equity bull markets end. It was only a matter of time before all that Fed created liquidity found its way into the oil markets, and the unrest in the Middle East is the spark to light the fire.
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BullBear52x
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Re: 03/02/2011 Intraday Watering

Post by BullBear52x »

Me XMan wrote:BullBear52x. Nice setup for 1-min.
Someone stuck a fork in?

From Guy Lerner
Spiking oil is usually how equity bull markets end. It was only a matter of time before all that Fed created liquidity found its way into the oil markets, and the unrest in the Middle East is the spark to light the fire.

Thx, bearflag is not confirm unless the recent low is taken out. Caution, this could turn into bear trap!
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99er
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Re: 03/02/2011 Intraday Watering

Post by 99er »

EURUSD
Looks like prices are setting up for a correction.
http://99ercharts.blogspot.com/2011/03/eurusd_3471.html
Ben's saying "merde alors."
Rip Van Trader
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Re: 03/02/2011 Intraday Watering

Post by Rip Van Trader »

1:45-2:05

Little bullish 'M' on ES. 8|
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BullBear52x
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Re: 03/02/2011 Intraday Watering

Post by BullBear52x »

Lets see from it's now completed flag retest.
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Cobra
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Re: 03/02/2011 Intraday Watering

Post by Cobra »

Still nothing to say. Don't know the volume surge means anything here. The overall picture still looks like a continuation pattern so after the consolidation/rebound over, we may see the market continue down. For now, no idea when the consolidation/rebound will be over.
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99er
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Re: 03/02/2011 Intraday Watering

Post by 99er »

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Cobra
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Re: 03/02/2011 Intraday Watering

Post by Cobra »

If I may guess, a little pullback here should be...
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BullBear52x
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Re: 03/02/2011 Intraday Watering

Post by BullBear52x »

Bulls won today's round, at the low end but winning
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BullBear52x
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Re: 03/02/2011 Intraday Watering

Post by BullBear52x »

I am still leaning bearish in bigger picture nothing has change. see you all tomorrow.
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greenback
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Re: 03/02/2011 Intraday Watering

Post by greenback »

bulls are stuck by ema50 on the 15m chart ... this is also the OR support on last Fri ...
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99er
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Re: 03/02/2011 Intraday Watering

Post by 99er »

Crude
Bearish Butterfly on the horizon.
http://99ercharts.blogspot.com/2011/03/crude_605.html
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99er
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Re: 03/02/2011 Intraday Watering

Post by 99er »

SPX
Possible IH&S on the 60-minute chart.
http://99ercharts.blogspot.com/2011/03/spx_5184.html
My bet? 1301.
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Cobra
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Re: 03/02/2011 Intraday Watering

Post by Cobra »

One more guess for totally clueless day. Volumn surge plus 3 push up and at range high, so should be a small pullback here. :roll:
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EvilTrader
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Re: 03/02/2011 Intraday Watering

Post by EvilTrader »

Oil babe, oil !

Back to the highs !
balance
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Re: 03/02/2011 Intraday Watering

Post by balance »

Cobra wrote:One more guess for totally clueless day. Volumn surge plus 3 push up and at range high, so should be a small pullback here. :roll:
“totally clueless day” indeed!
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Me XMan
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Re: 03/02/2011 Intraday Watering

Post by Me XMan »

Transport telling bearish story.
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Cobra
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Re: 03/02/2011 Intraday Watering

Post by Cobra »

EvilTrader wrote:Oil babe, oil !

Back to the highs !
Purely from the chart, breakout on the upside has better chances.
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99er
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Re: 03/02/2011 Intraday Watering

Post by 99er »

USO
To see what a POS this ETF really is, go to stockcharts.com and compare USO to WTIC. USO has failed to track the actual price of crude.
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