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06/07/2011 Intraday Watering

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Cobra
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Re: 06/07/2011 Intraday Watering

Post by Cobra »

soku wrote:cobra, u in a hurry or some kind?
today's opening post is really really brief. i didn't see u comment on major distribution yet.
not much to say. it's not exciting at all. :mrgreen:

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Cobra
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Re: 06/07/2011 Intraday Watering

Post by Cobra »

ChiOsc too low, so should more fuel on the upside. but overall, i think this rebound is just to establish a bear flag.
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cougar
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Re: 06/07/2011 Intraday Watering

Post by cougar »

Potential support for AAPL at 333.
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silverharp
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Re: 06/07/2011 Intraday Watering

Post by silverharp »

DX appears to be obeying its bear flag. so many flags these days :lol:
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cletus
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Re: 06/07/2011 Intraday Watering

Post by cletus »

15 mins to a cycle top on SPY...and counting!

Alright, we have negative divergence on SPY 1 min macd, probably time to take profits if you have them on longs to buy the dip later today
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cougar
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Re: 06/07/2011 Intraday Watering

Post by cougar »

cougar wrote:Potential support for AAPL at 333.
AAPL 30 min chart:
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BullBear52x
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Re: 06/07/2011 Intraday Watering

Post by BullBear52x »

GM, divergence watching, sell the rally baby...
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cletus
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Re: 06/07/2011 Intraday Watering

Post by cletus »

BullBear52x wrote:GM, divergence watching, sell the rally baby...

You should be buying the dip for the next 2 days of trading
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Anaconda
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Re: 06/07/2011 Intraday Watering

Post by Anaconda »

cletus wrote:15 mins to a cycle top on SPY...and counting!

Alright, we have negative divergence on SPY 1 min macd, probably time to take profits if you have them on longs to buy the dip later today
I've been following your post, Cletus. Impressive success rate. Thanks for sharing your work here.

PS - I'm short silver if it hits $34/oz, and oil at $100, if it bounces back up.
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BullBear52x
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Re: 06/07/2011 Intraday Watering

Post by BullBear52x »

cletus wrote:
BullBear52x wrote:GM, divergence watching, sell the rally baby...

You should be buying the dip for the next 2 days of trading

I am more of a trend follower, I avoid counter trend as much as possible. thanks for the cycle update good info.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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cletus
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Re: 06/07/2011 Intraday Watering

Post by cletus »

Anaconda wrote:
cletus wrote:15 mins to a cycle top on SPY...and counting!

Alright, we have negative divergence on SPY 1 min macd, probably time to take profits if you have them on longs to buy the dip later today
I've been following your post, Cletus. Impressive success rate. Thanks for sharing your work here.

PS - I'm short silver if it hits $34/oz, and oil at $100, if it bounces back up.
Dollar should rally so short silver could work. I'm currently neutral on silver. I'm actually still short gold waiting for it to roll over but it never seems to. Maybe soon.

As for my cycles, I'm testing a new theory and it seems to work pretty well so far. I don't want to post the technique I'm using though. lol. The cycles don't always work. They have a 70-80% success rate so far.
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cougar
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Re: 06/07/2011 Intraday Watering

Post by cougar »

Cletus: In my book, 70 -80% success rate is very good! Good luck with your system!
Thanks for posting!
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soku
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Re: 06/07/2011 Intraday Watering

Post by soku »

cletus wrote:
Dollar should rally so short silver could work. I'm currently neutral on silver. I'm actually still short gold waiting for it to roll over but it never seems to. Maybe soon.

As for my cycles, I'm testing a new theory and it seems to work pretty well so far. I don't want to post the technique I'm using though. lol. The cycles don't always work. They have a 70-80% success rate so far.
cobra, he is not sharing :D
i read $dxy weekly as a descending wedge. i am expecting a final down wave 5 to complete. a rebound is coming but it should not exceed the upper trend line. then another down and close below the lower tl to complete my w5.
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agnosia
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Re: 06/07/2011 Intraday Watering

Post by agnosia »

going long 1292... here comes 1313.. i am 98% certain we will hit the weekly pivot like in most other weeks. maybe not today but sometime this week..
Last edited by agnosia on Tue Jun 07, 2011 10:40 am, edited 1 time in total.
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BullBear52x
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Re: 06/07/2011 Intraday Watering

Post by BullBear52x »

I don't see positive divergence from the bottom, I am expecting another bottom of some sort to make a bottom buying legit, unless we are in V-shape? a rush to the moon shot :lol: IHS shoulder line is in the making?
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alvian33
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Re: 06/07/2011 Intraday Watering

Post by alvian33 »

/CL is breaking from a down wedge, plus looking at 4h tail, good chance we see 100 today
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BullBear52x
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Re: 06/07/2011 Intraday Watering

Post by BullBear52x »

Bear vision, line in the sand for today.
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agnosia
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Re: 06/07/2011 Intraday Watering

Post by agnosia »

alvian33 wrote:/CL is breaking from a down wedge, plus looking at 4h tail, good chance we see 100 today
doubt that will happen today. we have OPEC mtg this week and also tmrw's inventory... today is all about playing the gap vs yesterday's close...

went long 97.80 sold 99. yesterday's close was 99.01 and there is still gap support below at 97.70. if 97.70 goes we're headed below 95.
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silverharp
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Re: 06/07/2011 Intraday Watering

Post by silverharp »

good chance low in for DX intraday , made a new low , gold not taking advantage
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gator11
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Re: 06/07/2011 Intraday Watering

Post by gator11 »

agnosia wrote:going long 1292... here comes 1313.. i am 98% certain we will hit the weekly pivot like in most other weeks. maybe not today but sometime this week..

agnosia where can i find these pivot points you always talk about. Appreciate your post. Thanks in advance. Anyone follow Martin Armstrong? guy is really good and predicts a major turnig point is near June13th/14th 2011 that will start a new up cycle in the markets that should last until 2015/2016. Any thoughts on this
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