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01/06/2012 Intraday Watering

01/06/2012 Intraday Watering

Postby Cobra » Fri Jan 06, 2012 10:01 am

Flat open, so any gap would be filled.

Hard to describe what I see on Global ES. This is bulls 2nd time trying on the upside, so any failure is absolutely not allowed. Let's wait.
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Re: 01/06/2012 Intraday Watering

Postby finman66 » Fri Jan 06, 2012 10:08 am

good morning Cobra

Spiraldates.com says down for the next few trading days.

My own thoughts are that the market seems frothy at these levels given the global and macro economic climate and linger storm clouds on the horizon.
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Re: 01/06/2012 Intraday Watering

Postby BullBear52x » Fri Jan 06, 2012 10:08 am

GM, on average 127 now become a good floor for this run.
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Re: 01/06/2012 Intraday Watering

Postby SB73 » Fri Jan 06, 2012 10:09 am

Bears may be encouraged if bulls can't show some strength here. Seasonality says today usually closes in the red...obviously too early to make that call.
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Re: 01/06/2012 Intraday Watering

Postby 99er » Fri Jan 06, 2012 10:10 am

Good Morning.

Gee honey...it's Friday.

ES http://99ercharts.blogspot.com/2012/01/es_06.html

A field day for the Bears.

TGIF and GLTA.
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Re: 01/06/2012 Intraday Watering

Postby 99er » Fri Jan 06, 2012 10:12 am

So what do you wanna do today?

BKX http://99ercharts.blogspot.com/2012/01/bkx.html

Let's go skiing.
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Re: 01/06/2012 Intraday Watering

Postby cougar » Fri Jan 06, 2012 10:13 am

Good Morning!
To confirm the $DXY breakout, today’s bar must close green:
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DXY.GIF
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Re: 01/06/2012 Intraday Watering

Postby stucap » Fri Jan 06, 2012 10:13 am

99er wrote:Good Morning.

Gee honey...it's Friday.

ES http://99ercharts.blogspot.com/2012/01/es_06.html

A field day for the Bears.

TGIF and GLTA.


i'm ready to sell the news....eur/usd keeps dropping....something has to give....
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Re: 01/06/2012 Intraday Watering

Postby BullBear52x » Fri Jan 06, 2012 10:16 am

cougar wrote:Good Morning!
To confirm the $DXY breakout, today’s bar must close green:

I like what I see on UUP, third time is a charm so far so good. :lol:
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Re: 01/06/2012 Intraday Watering

Postby cougar » Fri Jan 06, 2012 10:16 am

Cobra is right!
If SPY cannot break above this range, there is only one way…and that is down.
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Re: 01/06/2012 Intraday Watering

Postby 99er » Fri Jan 06, 2012 10:19 am

Go skiing?

AUDJPY http://99ercharts.blogspot.com/2012/01/audjpy_06.html

Okay. Lead the way.
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Re: 01/06/2012 Intraday Watering

Postby BullBear52x » Fri Jan 06, 2012 10:19 am

99er wrote:So what do you wanna do today?

BKX http://99ercharts.blogspot.com/2012/01/bkx.html

Let's go skiing.

I've been after XLF/FAS, financial will have a good volatility this year me thinks, volatility is good and healthy for me I want more of it. :lol:
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Re: 01/06/2012 Intraday Watering

Postby cougar » Fri Jan 06, 2012 10:20 am

The “Swing Strategy” on SPX is still holding a bullish outlook with supports that worked…so far:
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SPX60.GIF
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01/06/2012 Intraday Watering

Postby Richarab » Fri Jan 06, 2012 10:21 am

Morning peeps
Off to Vegas today for wild card weekend - wish me luck

PS - jobs report still counting holiday temp work for high school kids at game stop, BS in my opinion


---
I am here: http://maps.google.com/maps?ll=29.751405,-95.453231
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Re: 01/06/2012 Intraday Watering

Postby cougar » Fri Jan 06, 2012 10:24 am

AAPL, the perennial hope of the perma-bulls is strong on 2 daily charts:
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AAPLfork.GIF
AAPLel.GIF
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Re: 01/06/2012 Intraday Watering

Postby cougar » Fri Jan 06, 2012 10:28 am

Let the gold gurus wait for GLD = 140...
A bullish revision of the GLD short term target:
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GLDd.GIF
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Re: 01/06/2012 Intraday Watering

Postby Tabby » Fri Jan 06, 2012 10:30 am

99er wrote:So what do you wanna do today?

BKX http://99ercharts.blogspot.com/2012/01/bkx.html

Let's go skiing.


Let's go Bungee Jump.banks deposited a new record amount EUR 455 bln to ECB overnight deposit .
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Re: 01/06/2012 Intraday Watering

Postby Cobra » Fri Jan 06, 2012 10:31 am

the open. so far looks like a Cup with Handle, so not bearish.
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Re: 01/06/2012 Intraday Watering

Postby jarbo456 » Fri Jan 06, 2012 10:34 am

Cobra wrote:the open. so far looks like a Cup with Handle, so not bearish.


handle is getting too long...should only be 1/3 the depth of the cup. so it's negated.
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Re: 01/06/2012 Intraday Watering

Postby BullBear52x » Fri Jan 06, 2012 10:34 am

More and more SPX is for the show only, a good play is at EEM XLF and IWM

SPY will be on the bottom of my watch list soon.
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