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02/15/2012 Intraday Watering

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KENA
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Re: 02/15/2012 Intraday Watering

Post by KENA »

133.94 needs to be taken out next then lower..Lets see.
thanos
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Re: 02/15/2012 Intraday Watering

Post by thanos »

KENA wrote:133.94 needs to be taken out next then lower..Lets see.
here is my 'guess' (and i'm still long at this point :) ) we close between 1338-1340 and gap down tomorrow. If not then 1370 is the likely target. What happens inbetween don't matter. :)
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Cobra
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Re: 02/15/2012 Intraday Watering

Post by Cobra »

target green line below.
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TraderGirl
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Re: 02/15/2012 Intraday Watering

Post by TraderGirl »

spx tried to regain triangle....
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1der
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Re: 02/15/2012 Intraday Watering

Post by 1der »

AAPL 494 to 496 = line in the sand
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Cobra
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Re: 02/15/2012 Intraday Watering

Post by Cobra »

Denali92 wrote:
Me XMan wrote:MORE BEERS ON DA HOUSE!

I believe you did that yesterday and we rally sharply.... just remember....
:lol: :mrgreen:

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BullBear52x
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Re: 02/15/2012 Intraday Watering

Post by BullBear52x »

Well, /ES morning high now confirmed as bulls trap.

Thanks Cobra and everyone for great charts and discussion. GLTA

TA note: SPY < 5 dma, not strong bulls
My comments are for entertainment/educational purpose only. NOT a trade advice.
thanos
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Re: 02/15/2012 Intraday Watering

Post by thanos »

thanos wrote:
KENA wrote:133.94 needs to be taken out next then lower..Lets see.
here is my 'guess' (and i'm still long at this point :) ) we close between 1338-1340 and gap down tomorrow. If not then 1370 is the likely target. What happens inbetween don't matter. :)
Have seen this before. Days of back and forth between support and resistance and then all the indices close at support one day and then they gap it below support the next morning. Not saying this is going happen but its an observation. Still long and strong until we break 1340 on a closing basis. :)
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Me XMan
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Re: 02/15/2012 Intraday Watering

Post by Me XMan »

This time DA BEARS REALLY MEAN IT! :D
Cobra wrote:
Denali92 wrote:
Me XMan wrote:MORE BEERS ON DA HOUSE!
I believe you did that yesterday and we rally sharply.... just remember....
:lol: :mrgreen:
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Cobra
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Re: 02/15/2012 Intraday Watering

Post by Cobra »

key line to watch. bears need a lower low first, haven't seen one for long long time.
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soku
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Re: 02/15/2012 Intraday Watering

Post by soku »

wow aapl lost 500 mark?
wow aapl is red?
wow
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SWalsh
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Re: 02/15/2012 Intraday Watering

Post by SWalsh »

I'm no options expert, and I am doing 3 things at one, but with SPY at 134.50 the 133 puts are trading at 37 and the 136 calls are 16. DOUBLE? I don't like the bear's chances with that and I'm not bullish!
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KeiZai
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Re: 02/15/2012 Intraday Watering

Post by KeiZai »

soku wrote:wow aapl lost 500 mark?
wow aapl is red?
wow
Is going to 10 MA 480 then who knows (maybe lower maybe higher)
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Cobra
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Re: 02/15/2012 Intraday Watering

Post by Cobra »

soku wrote:wow aapl lost 500 mark?
wow aapl is red?
wow
again, pay attention to AAPL volume. the very first down day with huge volume is bearish. it's not an exhaustion.
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Me XMan
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Re: 02/15/2012 Intraday Watering

Post by Me XMan »

NOOO!
Dialing 911 !!!
soku wrote:wow aapl lost 500 mark?
wow aapl is red?
wow
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grachu
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Re: 02/15/2012 Intraday Watering

Post by grachu »

:| cobra what you mean is not an exhaustion? means it can go up further from here... but the trend is starting to become bearish? please advise as I want to learn..
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waverider
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Re: 02/15/2012 Intraday Watering

Post by waverider »

The QQQs are breaking down nicely, hopefully we get a retest sell setup tomorrow
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Cobra
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Re: 02/15/2012 Intraday Watering

Post by Cobra »

grachu wrote::| cobra what you mean is not an exhaustion? means it can go up further from here... but the trend is starting to become bearish? please advise as I want to learn..
I mean don't confuse this with exhaustion. it's bearish volume not exhaustion volume. So the chart is bearish.

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SWalsh
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Re: 02/15/2012 Intraday Watering

Post by SWalsh »

This EASILY looks like a ZZ down. But it would be fitting to make people not be that short (although puts say otherwise) before a collapse by holding it today.
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TWT
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Re: 02/15/2012 Intraday Watering

Post by TWT »

SPX: The bearish count :

(thewavetrading.com)
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