06/14/2011 Intraday Watering

[TrendTrade]

I'll be watching this target area VERY closely. I think it also aligns with Cobra's target.

[Cobra]

Cobra,

Are those Brooks patterns any good on longer term charts? 15 or 60 min?

yes, it should be good for any time frame. but you need experiences to get the "sense".

[Wallstreetrader]

^^^^^^^^^^^^^^^^^^ well done but maybe the move has been initiated will see.

[Sqwii]

SPX filled the gap 1289-1290 range seems like brilliant shorting opportunity imo for another new low in markets maybe by tomorrow

[99er]

EURUSD
What is "Oh shit"...
http://99ercharts.blogspot.com/2011/06/eurusd_5121.html
In Greek?

[bbc]

in office, 被楼上的楼上的楼上的楼上的裸露照片打败了。

[Sqwii]

I think its all about the dollar and euro , as the markets moving like euro and dollar....

Euro seems like a topping HS pattern with right shoulder in today.... if the next move is right we get to 139 on FXE , which is a nasty move down..... markets ?? nasty probably too

[proteus46]

Hi Cobra

Went short SPY 129.4 - we might test 129.5 ... for a top , but either way I am looking for a LOWER LOW than yesterdays low , so next target is below 1270 and with this , euro looks like topped to me... HS topping pattern - right shoulder in = big flush in euro to come.

Sqwii

Are you thinking EURO down ==> US Dollar Up ===> U.S. Stocks down ?

[KENA]

All the technicals for the NYSEBP and NYSI all pointing down last night and ready for a bounce.Is this our new lower high.Maybe.I got traped in my shorts but right now I am holding.My cold has got me down so I am mostly watching today and reading what you guys are doing. Wait and see.

[lilitulip]

Today's headlines:

* We are raising stops on UNG puts (July 12s) to yesterday's low value to lock in 20% gains. I see no evidence natural gas has bottomed yet, so we hold.
* Our long cotton position is picking up pace, we will add to that position if the futures can make higher highs
* Today will almost certainly change the short-term S&P trend to up at least for a few days, if not the market bottom for the intermediate term, but that is highly speculative
* Seasonality is slightly negative to neutral today
* Seasonality is fairly negative for tomorrow

Today's cycle turns:

12 EST
2:45 EST

Hi Cletus, you don't think BAL is bear flag break down? thanks

[Wallstreetrader]

Second my study we will lost the MM200 into $SPX, but could be wrong

[EvilTrader]

SPY will counter-trend to touch its 50 day MovAvg.

Then, only then, could a collapse happen.

[BlondU]

hello to all.

any thoughts about gold?

[terranmn]

in office, 被楼上的楼上的楼上的楼上的裸露照片打败了。

ask for a private office

[ken_d17]

Just showed up on multiple indices pointing down.

Do we believe them ?



EDIT: ONE MINUTE LATER THEY GOT CANCELED OUT !!! Showed up on TDAmeritrade indicating a trade at the opening price.

[alandon]

Copeland,

Can you take the naked picture off? We are in the office.

[Mario TR]

SPX 30 min

resistance in 1295, 1305

if closes above 1311 possible change in trend

but I think it will test the 1250 level

[Cobra]

still fighting the resistance. i'll still maintain the target.

[Cobra]

bulls need a H2 here and if successful, how far the 3rd push up go will tell us if this rebound has further room to go.

[Mario TR]

morning star ??

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