05/26/2011 Intraday Watering

[uempel]

Update of the hourly SPX. One of the momentum indicators is about to cross into bullish territory, but the idea is that all three indicators have to give a bullish signal, and that's still far away:

SPX10.png

Some times we must take one step before/earlier than...Mr. Market.

This is no forum to suggest risky trades. Believe people here want successful trades, not 5 small losers for 1 big winner. I'm just showing a reliable indicator and how it works. Indicator tends to be a bit late with the buy signal, but it's safe to wait.

[Anaconda]

We are back to fighting over the 1325 line. And it's all STILL about the dollar. If this market can move up without a commensurate decline in the dollar, I'll buy it. Otherwise, no way. This thing stinks to high heaven (and, no, I'm not a perma-bear!).

[Tabby]

I tried. I don't understand anything, too complicated for me.

[StrikePrice]

While yesterday SPY pulled back and closed below my key TL, I think it's safe to say that won't happen today.

This BO and close above TL def points SPY to 133.50. RSI(2) approaching overbought so no idea about tomorrow. My guess is the Swing High will be Tuesday.

[shumushu]

Update of the hourly SPX. One of the momentum indicators is about to cross into bullish territory, but the idea is that all three indicators have to give a bullish signal, and that's still far away:

SPX10.png

Some times we must take one step before/earlier than...Mr. Market.

to beat the market? lol

[Cobra]

lunch time. although facing critical test here but i think bulls got good chances.

[uempel]

Broke above 1324, the 55 moving average on the daily. If SPX can stay up there into the close bulls have scored a small victory:

[Anaconda]

Broke above 1324, the 55 moving average on the daily. If SPX can stay up there into the close bulls have scored a small victory:

SPX12.png

Agreed. 1325 is my Maginot Line.

[99er]

SPX
What? No one on the Bear Bus?
http://99ercharts.blogspot.com/2011/05/spx_8285.html

[slamdunk]

Anyone in China? would you please try hutong9.net mirror for me? Thanks.

it's: http://www.HT9Mirror0.net

Cann't open http://www.HT9Mirror0.net (I am in China now )

[shumushu]

Target at 134.00 on the SPY

[agnosia]

We are back to fighting over the 1325 line. And it's all STILL about the dollar. If this market can move up without a commensurate decline in the dollar, I'll buy it. Otherwise, no way. This thing stinks to high heaven (and, no, I'm not a perma-bear!).

the usa is going to devalue the dollar because they don't know any way out of this mess besides printing more money. staying in cash is a losing position. you have to participate in these dollar decline rallies because by staying in cash you are losing money.

this scenario is not gonna change anytime soon.

[99er]

TF
Updated.
http://99ercharts.blogspot.com/2011/05/tf_3240.html

[stockcycle]

Update of the hourly SPX. One of the momentum indicators is about to cross into bullish territory, but the idea is that all three indicators have to give a bullish signal, and that's still far away:

SPX10.png

Some times we must take one step before/earlier than...Mr. Market.

This is no forum to suggest risky trades. Believe people here want successful trades, not 5 small losers for 1 big winner. I'm just showing a reliable indicator and how it works. Indicator tends to be a bit late with the buy signal, but it's safe to wait.

Sorry if my risk appetite is not appropriate here!

[StrikePrice]

Target at 134.00 on the SPY

Nice chart. I see it the same.

[Cobra]

Anyone in China? would you please try hutong9.net mirror for me? Thanks.

it's: http://www.HT9Mirror0.net

Cann't open http://www.HT9Mirror0.net (I am in China now )

OK, let me try another IP address. I suspect that the current IP was banned along with my last mirror site.

[agnosia]

i am short 1324 , stop even. i think we won't break out and fill the gap till tmrw. we shall see...

[agnosia]

i am short 1324 , stop even. i think we won't break out and fill the gap till tmrw. we shall see...

damn stopped out. 4K barrier at 1325 on the /es....

[waver]

Anyone in China? would you please try hutong9.net mirror for me? Thanks.

it's: http://www.HT9Mirror0.net

Cann't open http://www.HT9Mirror0.net (I am in China now )

OK, let me try another IP address. I suspect that the current IP was banned along with my last mirror site.

I tried when I was in China. Most of the forum sites are banned in China, including google blog.

[Cobra]

ok, whoever in China, please try www.ht9mirror0.net again. thanks.